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EMAMILTD - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 3.8

Stock Code EMAMILTD Market Cap 19,402 Cr. Current Price 444 ₹ High / Low 655 ₹
Stock P/E 22.2 Book Value 71.8 ₹ Dividend Yield 2.25 % ROCE 34.0 %
ROE 31.5 % Face Value 1.00 ₹ DMA 50 448 ₹ DMA 200 506 ₹
Chg in FII Hold -0.46 % Chg in DII Hold 0.19 % PAT Qtr 339 Cr. PAT Prev Qtr 182 Cr.
RSI 51.6 MACD 7.32 Volume 3,90,059 Avg Vol 1Wk 3,71,346
Low price 385 ₹ High price 655 ₹ PEG Ratio 28.1 Debt to equity 0.01
52w Index 21.9 % Qtr Profit Var 21.3 % EPS 19.8 ₹ Industry PE 42.5

Financials & Valuation:

EMAMILTD demonstrates strong fundamentals. ROCE (34.0%) and ROE (31.5%) highlight excellent capital efficiency. EPS of 19.8 ₹ and quarterly PAT growth (339 Cr. vs 182 Cr.) show robust profitability momentum. Debt-to-equity is extremely low at 0.01, ensuring financial stability.

Valuation Indicators:

P/E ratio of 22.2 is significantly lower than the industry average (42.5), suggesting undervaluation. Book Value of 71.8 ₹ compared to current price of 444 ₹ indicates premium pricing but supported by strong returns. Dividend yield of 2.25% provides attractive income support. PEG ratio of 28.1, however, suggests stretched valuation relative to growth.

Business Model & Health:

EMAMILTD, a leading FMCG player, benefits from strong brand equity and consumer demand. Consistent profitability, low leverage, and sector growth reinforce overall health. However, reduced FII holdings (-0.46%) indicate declining foreign investor confidence.

Entry Zone & Holding Guidance:

Technically, support lies around 420–440 ₹, with resistance near 490–500 ₹. Entry near support levels offers favorable risk-reward. Long-term holding is recommended given strong fundamentals, dividend yield, and sector tailwinds, though valuation concerns should be monitored.


Positive

- Strong ROCE (34.0%) and ROE (31.5%).

- EPS of 19.8 ₹ with robust PAT growth.

- Very low debt-to-equity (0.01).

- Dividend yield of 2.25% provides income support.

- P/E ratio (22.2) well below industry average (42.5).

Limitation

- PEG ratio (28.1) indicates stretched valuation.

- Current price below 200 DMA (506 ₹) shows medium-term weakness.

- FII holdings declined (-0.46%).

Company Negative News

- Decline in FII holdings.

- Valuation concerns due to high PEG ratio.

Company Positive News

- Quarterly PAT surged to 339 Cr. from 182 Cr.

- DII holdings increased (+0.19%), showing domestic support.

- Strong earnings momentum.

Industry

- FMCG sector remains resilient, supported by consumer demand.

- Industry PE (42.5) is much higher than EMAMILTD’s, suggesting undervaluation.

- Long-term growth driven by brand strength and consumption trends.

Conclusion

EMAMILTD is fundamentally strong with excellent profitability, low debt, and attractive dividend yield. Entry near 420–440 ₹ offers favorable risk-reward. Long-term investors can hold confidently, supported by sector growth, while monitoring valuation risks from the high PEG ratio.

Would you like me to extend this into a 5-year performance trend overlay so you can visualize EMAMILTD’s consistency in earnings, margins, and valuation compared to FMCG peers?

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