Emami Slips 2% as Jefferies Cuts Target to Rs 620 on Weak Q4 Print
Emami's Q4FY26 missed across the board: net profit fell 11.7% to Rs 143 cr, revenue dipped 3.9% to Rs 925 cr, and EBITDA margin contracted 260 bps to 20.2%. Jefferies retained 'Buy' but trimmed the target to Rs 620 from Rs 650, citing flat 5-year EBITDA and seasonal demand misses. FY27-28 EPS estimates cut 6-8%.
Emami shares fell ~2% after weak Q4FY26 results: profit down 12%, revenue down 4%, EBITDA margin contracted 260bps. Jefferies kept 'buy' but cut target to Rs 620, citing flat 5-year EBITDA and seasonal demand misses.
Why this matters
Reinforces a weak Q4 narrative already flagged via heat-wave summer portfolio miss and West Asia drag, with brokerages now resetting medium-term earnings expectations.
Retail-company signals steady at 910 in the last 90 days.