Emami Capital Markets Limited - Company Profile

The Kolkata-based group plans to acquire small regional firms and enter new categories of kitchen staples and snacks.

15 Dec 2023 mint

Emami Group wants to expand into new categories like packaged staples and kitchen appliances. They also plan to sell their pharmacy chain and focus on higher margin businesses. The group is turning 50 years old and wants to focus on consumer-facing businesses like FMCG, edible oil, and healthcare products. They also plan to go public with their edible oil and packaged food business. The group has already started training the third generation of their family to take over the business. They are now a Rs 30,000 crore conglomerate with a flagship FMCG business and a packaged oil and food business. They also plan to sell their pharmacy chain and have exciting plans for their 50th year celebrations..

13 Dec 2023 Economic Times

Emami vice chairman and wholetime director Mohan Goenka told analysts on the company's first quarter earnings call that the company was very optimistic that the sale transaction of the hospital business should be completed by this month-end ..

18 Aug 2023 Economic Times

25 May 2023 Business Standard

16 Aug 2019 Business Standard

Emami Group, a big company with many businesses, will pay off all its debt of ₹2600 crore in 9 months. They have already paid ₹2800 crore in the last 4 months. The owners are working hard to make the company debt-free and are thinking of selling some businesses or taking the company public. They have also received permission to raise ₹1000 crore through an IPO. One of their companies, Emami Frank Ross, recently had its ratings downgraded. The owners have already sold some of their shares to reduce debt and now the second generation of the family is running the company..

11 Aug 2019 mint