Emami's non-summer portfolio cushions Q4 as heat wave miss, West Asia drag clip revenue 4%
Q4FY26 revenue slipped to ₹925 cr on a weak summer and West Asia disruption, but domestic ex-summer rose 11% and gross margin expanded 250bps to 68.4%. EBITDA landed at ₹187 cr, PAT ₹143 cr, with A&P spend up 12% as Emami leans into its desi brand stack.
What happened
Emami's Q4 revenue fell 4% to ₹925 cr as weak summer and West Asia disruptions hit, but non-summer domestic business grew 11%. Gross margin expanded 250bps to
Key facts
- revenue ₹925 cr (-4% YoY)
- domestic ex-summer +11%
- intl -5%
- gross margin 68.4% (+250bps)
- EBITDA ₹187 cr
- PAT ₹143 cr
- A&P +12%
Why this matters
The West Asia drag and summer concentration expose geographic and seasonal gaps worth closing via targeted M&A in all-season personal care or distribution-led tuck-ins.