Emami Management Guidance Tracker

Management expects Q3 revenue growth of high single-digit to double-digit, driven by winter loading recovery and GST normalization.

Management expects to achieve double-digit revenue growth going forward, driven by rural recovery and GST benefits.

Management guided for margin expansion in Q3, with EBITDA and PAT margins improving from Q2 levels due to operating leverage.

Strategic investments portfolio expected to grow at a higher rate in H2 than H1, with strong double-digit growth.

Management expects FY27 to benefit from lower summer base and full-year GST tailwinds, leading to stronger growth.

Next year's focus is on shampoo sachets and other small SKUs to drive rural revival and target 8-9% growth.

Due to union budget amendments, standalone tax rate will reduce to ~25% from 35% for FY27 onwards.