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EMAMILTD - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.3

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.3

Stock Code EMAMILTD Market Cap 18,209 Cr. Current Price 417 ₹ High / Low 655 ₹
Stock P/E 20.8 Book Value 71.8 ₹ Dividend Yield 2.40 % ROCE 34.0 %
ROE 31.5 % Face Value 1.00 ₹ DMA 50 475 ₹ DMA 200 530 ₹
Chg in FII Hold -1.90 % Chg in DII Hold 1.72 % PAT Qtr 339 Cr. PAT Prev Qtr 182 Cr.
RSI 26.1 MACD -19.2 Volume 17,55,037 Avg Vol 1Wk 7,91,333
Low price 405 ₹ High price 655 ₹ PEG Ratio 26.4 Debt to equity 0.01
52w Index 4.79 % Qtr Profit Var 21.3 % EPS 19.8 ₹ Industry PE 43.1

📊 Core Financials

  • Revenue growth: Strong, PAT surged to 339 Cr. from 182 Cr.
  • Profit margins: EPS at 19.8 ₹, ROE 31.5%, ROCE 34.0% — excellent efficiency
  • Debt ratios: Very low debt-to-equity at 0.01, nearly debt-free
  • Cash flows: Robust profitability supports strong cash generation
  • Return metrics: ROE and ROCE significantly above industry averages

💹 Valuation Indicators

  • P/E Ratio: 20.8, well below industry PE of 43.1, suggests undervaluation
  • P/B Ratio: ~5.81 (417 ₹ / 71.8 ₹), moderate
  • PEG Ratio: 26.4, indicates valuation stretched relative to growth expectations
  • Intrinsic Value: Appears undervalued based on P/E, though PEG ratio raises caution

🏢 Business Model & Competitive Advantage

  • Operates in FMCG sector with strong brand portfolio (personal care, healthcare products)
  • Competitive advantage through brand recognition, distribution network, and rural market penetration
  • Industry demand supported by consumer staples resilience and growth in emerging markets

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive near 400–420 ₹ range
  • Long-Term Holding: Recommended, strong fundamentals and brand positioning support sustained growth

✅ Positive

  • High ROE (31.5%) and ROCE (34.0%) show excellent capital efficiency
  • Debt-to-equity ratio at 0.01 indicates near debt-free status
  • Dividend yield at 2.40% adds shareholder value

⚠️ Limitation

  • PEG ratio at 26.4 suggests valuation stretched relative to growth
  • Stock trading below 50 DMA (475 ₹) and 200 DMA (530 ₹), showing weak momentum
  • RSI at 26.1 indicates oversold conditions

📰 Company Negative News

  • FII holding decreased (-1.90%)
  • Stock price corrected significantly from 52-week high of 655 ₹

🌟 Company Positive News

  • PAT surged to 339 Cr. from 182 Cr.
  • DII holding increased (+1.72%)
  • Dividend yield at 2.40% provides consistent shareholder returns

🏭 Industry

  • Industry PE at 43.1, EMAMILTD trades at a discount, suggesting undervaluation
  • FMCG sector benefits from steady demand, brand-driven growth, and resilience against economic cycles

🔎 Conclusion

  • EMAMILTD shows strong fundamentals with robust profitability, high returns, and minimal debt
  • Valuation appears attractive compared to industry peers, though PEG ratio suggests cautious optimism
  • Recommended for long-term holding, with entry near 400–420 ₹ offering good risk-reward potential

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