FMCG Stock to BUY: Brokerages bullish on Emami despite weak Q4 results – Here’s why – Markets

FMCG Stock to BUY: Brokerages bullish on Emami despite weak Q4 results - Here’s why - Markets


FMCG Stock in Focus: The company reported total expenses of Rs 738.4 crore in the quarter under review, compared to Rs 743.61 crore in the same period a year ago. The company further stated that international business declined by 5 per cent during the quarter. This was primarily due to the ongoing conflict in West Asia, which affected shipping routes through the Strait of Hormuz, disrupting supply chains and increasing freight costs.

Despite the weak Q4 results, the brokerages – Elara Capital, Nuvama Research and Motilal Oswal are bullish on FMCG stock. Check the latest target price and the reasons behind the brokerage being bullish.

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The brokerage maintains a buy rating, but the firm has cut the target price to Rs 550 from Rs 640. Here’s why:

The brokerage firm, Nuvama Research, has maintained a buy call on Emami Limited with a target price of Rs 655 vs Rs 735. Here’s why:

The brokerage maintains a buy call with a target price of Rs 525. Here’s why:

FMCG giant Emami Limited on Thursday released its fourth quarter (Q4 FY26) results for the fiscal year 2026. The company’s consolidated results showed weakness on a year-on-year (YoY) basis.

Emami’s profit declined 11.7% to Rs 143 crore in the quarter, compared to Rs 162 crore in the same quarter last year (Q4 FY25), the company said in an exchange filing. Total income also declined 3.9% to Rs 925 crore from Rs 963 crore.

The company reported consolidated PAT of Rs 775.26 crore in FY26, compared to Rs 802.74 crore in FY25. Revenue from operations stood at Rs 3,779.51 crore, compared to Rs 3,809.19 crore in FY25.

On the operational front, the company’s EBITDA declined by 14.7 per cent to Rs 187 crore (Rs 219.3 crore last year), resulting in a 260 basis points (bps) decline in EBITDA margin from 22.8 per cent to 20.2 per cent.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)



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