Slide 1: Cover letter to stock exchanges
29th August, 2025 The Manager – Listing The Manager – Listing National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot No. C/1, Block - G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400 051 Mumbai – 400 001 Scrip Code: EMAMILTD Scrip Code: 531162 Su
Slide 2: Chairman's Speech by Shri R.S. Goenka
CHAIRMAN’S SPEECH BY SHRI R.S. GOENKA 42nd AGM of EMAMI LIMITED 29th AUGUST, 2025 Dear Shareholders, As we gather today to reflect on another meaningful year in Emami’s journey, I feel proud and grateful to stand before you as a custodian of a legacy built over five wonderful decades. Emami in 2025
Slide 3: Indian FMCG Industry Overview and Growth Strategies
More than financial results, our real success comes from building deeper trust with customers. Our brands stayed strong, our teams stayed committed, and our plans focused on long-term goals, not short-term solutions. INDIAN FMCG INDUSTRY OVERVIEW India’s Fast-Moving Consumer Goods (FMCG) industry gr
Slide 4: Strategic Brand Transformations
cream regained market momentum and expanded its market share—affirming both its timeless relevance and the trust consumers place on us. This performance validates our balanced portfolio strategy, which is yielding dividends by mitigating seasonality and anchoring long-term performance. Even in today
Slide 5: The Distribution Matrix
THE DISTRIBUTION MATRIX Now, let me turn to what I consider one of our most fundamental strengths—our distribution strategy. Distribution has always been a cornerstone of Emami's growth, but we have evolved far beyond simply achieving reach. Today, our focus is on delivering relevance, efficiency, a
Slide 6: Digital transformation and Zanducare
Digital transformation is central to our strategy, anchored by Zanducare, our direct- to-consumer e-commerce platform. Through Zanducare, we launched over 100 digital-first products, addressing emerging consumer needs with agility. In FY25, we introduced 25 new products domestically, including 11 vi
Slide 7: Dividends and shareholder returns
The Board of Directors declared two interim dividends of Rs 4 each and a special Interim dividend of Rs 2/-, cumulatively amounting to Rs 436.5 crores, representing a pay-out of 54% on Reported PAT and 49% on Adjusted PAT. The Company closed the financial year with a robust net cash balance of Rs 74
Slide 8: ESG, CSR and conclusion: the journey ahead
of FY22. Energy intensity per rupee crore of turnover is down by 19%. Water use is 25% lower in absolute terms, with a 31% drop in water intensity. Today, 19% of our energy needs are met through renewables, and we recycle 33% of the water we consume. Emami is now proudly a plastic neutral manufactur
Slide 9: Strong Roots New Shoots - 42nd Annual General Meeting
Strong Roots New Shoots 42nd Annual General Meeting Chairman’s Speech
Slide 10: Fresh Identity Bold Future
Fresh Identity Bold Future Beyond Visual Dynamic Sphere Stylized ‘e’ Change • Iconic ellipse • Represents • A bold evolves into a innovation, declaration to sphere, agility, and lead the next symbolizing forward- chapter of global thinking spirit growth while footprint and at Emami’s honouring futur
Slide 11: From Challenges to Enduring Strength
From Challenges to Enduring Strength Challenges Our Strategy Outcomes Subdued urban Adaptive & Brands stayed sentiment responsive, not strong reactive Teams showed Inflationary Sharpened brand resilience & pressures positioning commitment Steady investments Deeper customer Unpredictable in digital,
Slide 12: FY25 – Through a Macro lens
FY25 – Through a Macro lens Subdued Urban Resilient Rural Inflationary Unpredictable Changing sentiment markets pressures seasonality Consumer Habits • Weighed down • Led by good • Continued food • Strong • Supported by by high monsoon inflation summers but wider access to inflation, season and impa
Slide 13: Emami's Legacy
Emami’s Legacy Strong Consumer Trust Portfolio of Iconic Brands Leveraging the Science of Ayurveda ₹ 850 cr + ~ ₹ 850 cr ₹ 600 cr + ₹ 300 cr + ₹ 200 cr + ₹ 200 cr + ~ ₹200 cr ₹ 150 cr + ~ ₹ 150 cr ₹ 100 cr + >6.9 cr >80% Indian Households Domestic portfolio based on consuming Emami ‘Ayurvedic’ or ‘U
Slide 14: Strong Roots
Strong Roots FY25 Core Domestic Business Performance Dominant market shares (Volume) 18% 8% Growth 74% 68% 60% Value Growth 14% Growth 5% 43% 29% Volume Growth 12% Growth Healthcare 6 42nd AGM 2025
Slide 15: Beyond Seasonal Perceptions
Beyond Seasonal Perceptions Dermicool BoroPlus Flagship antiseptic Strategic acquisition Delivered strong Enhanced distribution Expanded consumer New extensions cream gained share, leveraged seasonal growth, proving and trade initiatives reach by reinforcing accelerated portfolio reaffirming consume
Slide 16: Strategic Brand Transformations
Strategic Brand Transformations Brand Repositioning Comprehensive Transformation Strategic revamp of positioning, packaging & Holistic communication in partnership with BCG. Shift to a Face male Consumer-Centric larger playing Care grooming approach Addressing evolving needs through refreshed ground
Slide 17: International Business
International Business 11% 17% 70 5-year CAGR of Contribution to Global Market International overall revenue Reach Business (Countries) 80% 85% 3 Local International Brands generating Manufacturing/ workforce ₹ 100 cr + sourcing revenues 9 42nd AGM 2025
Slide 18: Key Strengths
Key Strengths Delivering relevance, State-of-the-art R&D 60+ Celebrity associations efficiency, and measurable capabilities and robust over the past 50 years impact at every touchpoint innovation pipeline reinforcing trust and recall 10 42nd AGM 2025
Slide 19: New Shoots
New Shoots Fully owned subsidiaries Sales growth Associates Premium male grooming 4x essentials and fragrances x Protein & Nutrition FY21 FY25 FY25 Sales Contribution Ayurvedic Medicines & Nutritional Supplements for pets 5% Natural personal care range for home and salon Aloe Vera based fruit bevera
Slide 20: D2C Portal Zanducare
D2C Portal Zanducare 100+ 59% 80% 50% Digital First FY25 Growth of Contribution of Contribution of products launched Digital First Digital First products launched since inception portfolio Products in FY25 in last 2 years 12 42nd AGM 2025
Slide 21: Key Business Transformations
Key Business Transformations Distribution Initiatives Domestic Contribution from FY25 Revenue Contribution Organized Channels from high-growth areas 5,600 28% GT Marts 45% carved out FY25 Growth with special from GT marts focus 45% 12% EOFS Prioritizing Launched to high- drive omni- throughput, chan
Slide 22: FY25 Financial Performance
FY25 Financial Performance ₹3,809cr ₹2,615cr ₹1,025cr ₹ 894 cr ₹ 806 cr Revenues Gross Profit EBIDTA PBT PAT 6% 8% 8% 13% 11% FY25 Growth FY25 Growth FY25 Growth FY25 Growth FY25 Growth 8% 68.6% 26.9% 23.5% 21.2% 5-year CAGR Gross Margins EBIDTA Margins PBT Margins PAT Margins +100 bps +40 bps +140
Slide 23: Rewarding Shareholders
Rewarding Shareholders Returns to the Initial Investors (1979-80) Returns to Public Issue Investors ₹ 10/- ₹ 436 cr (2005) ~26,000x Interim Returns to QIP Dividend Dividends in Payout Investors 53x FY25 (2009) 12x 54% 49% Dividend Dividend Payout on Payout on Reported PAT Adjusted PAT 15 42nd AGM 20
Slide 24: Q1FY26 Performance
Q1FY26 Performance ₹ 904 cr ₹ 164 cr Navratna Revenues PAT Cool Oils +6% Flattish 9% Y-o-Y growth Y-o-Y Growth BoroPlus Antiseptic Creams 5% 18.2% +60% 2-year CAGR PAT Margins Pain Management 6% +160 bps Range Margin Expansion Growth in Core Domestic ex Talc +17% 16 42nd AGM 2025
Slide 25: ESG Performance
ESG Performance -12% -19% 19% -17% Absolute energy Energy intensity Renewable energy Direct (Scope 1+2 consumption over per rupee crore of Contribution in emissions) over FY22 turnover over FY22 FY25 FY22 Solar Panels installed at Pacharia Unit -25% -31% 33% Plastic Neutral Absolute water Water inte
Slide 26: CSR Initiatives
CSR Initiatives Healthcare Education & Skill Development Social Upliftment ₹ 53 cr CSR Spends in last 5 years 6.8 lac Lives touched in FY25 through CSR initiatives 18 42nd AGM 2025
Slide 27: Entering the Next Phase of growth
Entering the Inflation Tapering To improve urban sentiments Next Phase of growth Strong forecast of Monsoons To boost rural incomes Income Tax Benefits To increase middle class incomes Building Future Ready business leading across categories, channels, and geographies Driving progress by investing i
Slide 28: Thanking all our valued stakeholders
Thanking all our valued stakeholders