Erratic summer season could impact sales
Last year's poor summer and extended winter may lead to cautious trade stocking, affecting summer portfolio sales.
EMAMILTD / Q3-FY26 / risks
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Material risks this quarter
medium
Male grooming segment growth remains subdued
Smart & Handsome range grew only 4% despite revamps; management admitted lack of clear strategy to revive double-digit growth.
Bangladesh political uncertainty
Elections and Ramadan holidays in Bangladesh could disrupt sales, though demand remains robust.
Iraq and North Africa markets underperform
International growth of 9% was dragged down by declines in Iraq and lukewarm response in North Africa.