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Mint

Stocks to buy: Dabur, Godrej Consumer Products, Emami among InCred Equities’ top FMCG stock picks

Stocks to buy: Considering the optimism on a continued gradual recovery momentum in rural markets and sluggish momentum expected in urban markets, the InCred Equities firm recommends three FMCG stocks to buy.

The Economic Times

Ayushmann Khurrana exits investment in The Man Company with 400% return

Bollywood actor Ayushmann Khurrana has achieved a 400% return on his investment in The Man Company, a men's grooming brand acquired by Emami for Rs 400 crore. Khurrana's role as brand ambassador significantly contributed to the company's growth, highlighting his influence beyond acting.

Mint

Emami Ltd eyes more acquisitions, increases stake in The Man Company to 100%

Following investments in new-age startups, the company that sells several mass-market brands such as Navratna, Zandu, Kesh King and Dermicool has been actively pursuing mergers and acquisitions in recent years. These investments have enabled it to capitalize on online opportunities.

Business Line

‘Emami aims to grow The Man Company into a ₹500-crore brand in 3 years’

We are not targeting specific markets or the segments for this men’s grooming brand, but it will be the profile of the consumers whom we are targeting, says Harsha V Agarwal, Vice Chairman and MD, Emami Ltd

Business Line

Emami to acquire remaining 49.6% stake in Helios Lifestyle for cash consideration of ₹177.63 crore

Emami currently holds a 50.4% stake in Helios

Business Standard

Emami to acquire remaining 49.6% stake in The Man Company

The Kolkata-based FMCG company announced the acquisition of the remaining 49.60% stake in Helios Lifestyle (Helios), which is well known for its grooming brand 'The Man Company', for a consideration of Rs 177.63 crore.

The Economic Times

Emami to acquire remaining 49.6% stake in 'The Man Company'

Emami has completed the acquisition of the remaining 49.6% stake in Helios Lifestyle, full owner of 'The Man Company'. This final acquisition strengthens Emami's presence in the digital-first premium male grooming segment, complementing its existing brands. Emami plans to further enhance the growth potential of The Man Company.

CNBC TV18

Emami acquires remaining 49.6% stake in Helios Lifestyle

Emami Share Price | Emami already holds 50.4% stake in Helios. The Man Company was Emami's first strategic investment in 2017, which then went on to become its subsidiary in 2022.

Mint

The Man Company acquisition: Emami to acquire remaining 49.6% stake, gaining 100% ownership of Helios Lifestyle

The Man Company acquisition: FMCG giant Emami has completed the acquisition of the remaining 49.6% stake in Helios Lifestyle

Business Line

Emami to acquire remaining 49.6% stake in 'The Man Company’

The Man Company, a digital-first lifestyle brand, offers premium men’s grooming products in categories including fragrances, skin care, hair care, body care and beard management

Business Standard

FMCG major Emami to acquire remaining 49.6% stake in 'The Man Company'

Home-grown FMCG major Emami on Saturday announced the acquisition of the remaining 49.6 per cent stake in Helios Lifestyle, which owns male grooming brand The Man Company'. Helios Lifestyle is already a subsidiary of Emami with 50.4 per cent shareholding, according to a statement from Emami. "The completion of the acquisition of Helios by Emami will strengthen its presence in the fast-growing digital-first premium male grooming segment," it said. Emami had previously acquired 33.09 per cent equity stake in Helios in two tranches -- one in December 2017 and the other in February 2019. Later, it increased the stake to 50.4 per cent in 2022. The Man Company, a digital-first lifestyle brand, offers premium men's grooming products in categories including fragrances, skin care, hair care, body care and beard management. "The segment offers huge potential for innovation & growth. Emami is already an active player in the male grooming segment through its brand Fair and Handsome," the ...

The Economic Times

Emami acquires balance 49.6% stake in Helios Lifestyle to make it wholly-owned entity

Emami Ltd has signed a binding agreement with Helios Lifestyle to acquire the remaining 49.6% stake, making Helios a wholly-owned entity. The acquisition, valued at Rs 177.63 crore, bolsters Emami's position in the digital-first premium male grooming segment, complementing its existing brand Fair and Handsome.

Business Standard

Emami acquires balance 49.60% stake in Helios (premium men's grooming brand The Man Company)

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The Economic Times

Committed to double-digit growth in FY25, exploring inorganic, strategic opportunities: Emami

Emami aims for double-digit growth this fiscal year, focusing on expanding into new product categories through strategic acquisitions and inorganic opportunities. Chairman R.S. Goenka highlighted optimism due to favorable economic conditions and anticipated market recovery. Emami's recent acquisitions and direct-to-consumer initiatives are driving revenue growth and enhancing its market presence.

Business Line

Emami confident in Bangladesh market recovery despite recent disruptions

Emami also reported robust international business growth, with a 11% increase in constant currency terms during the first quarter of FY25, and aims for double-digit growth this fiscal year

Business Standard

Factory ops resume in Bangladesh, Emami pins hope on political stability

Emami is targeting double-digit growth in its international business in FY25. In FY24, international business grew by 12 per cent in constant currency and 9 per cent in INR terms

The Economic Times

FMCG maker Emami's net profit grows 36% in Q1 despite challenges in Bangladesh

Emami Ltd chief executive NH Bhansali shared that the company faced challenges in Bangladesh due to geopolitical tensions but remains optimistic for future stability. Founder R.S. Goenka noted growth in international markets despite currency depreciation. Emami adapted to subdued rural market demand by expanding its consumer base and increasing revenue from non-seasonal brands. The company reported a 36.4% increase in net profit in the first quarter of June 2024.

Mint

Nifty FMCG hits all-time high for 4th straight session, gains 16.5% in 3 months; what’s fueling the surge?

Major FMCG players such as HUL, ITC, Dabur, Britannia, Nestle, and Emami have reported promising developments in rural markets and significant growth from e-commerce channels, particularly quick-commerce platforms, in their June quarter earnings.

The Economic Times

Top FMCG brands bet big on functional food market

Major food companies including ITC, Adani Wilmar, Tata Consumer, BigBasket, and Emami Agrotech are now prioritizing functional foods tailored for health-conscious consumers. These products, ranging from low cholesterol ghee to low glycemic index foods, are sold at steep premiums. Limited supply and technology costs contribute to the higher prices.

Business Standard

Emami Frank Ross reports consolidated net loss of Rs 2.27 crore in the June 2024 quarter

Sales rise 2.53% to Rs 141.41 crore