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Emami

Indian multinational conglomerate

  • 3 min read
  • 5 chapters

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Through Qualified institutional placement and United Kingdom

The company's products are sold across 60+ nations and are available in 4.5 million retail outlets across India. The company has seven manufacturing units across India and one overseas unit. Among its prominent brands is an antiseptic cream named BoroPlus. The company's skin care division generated an overall revenue of ₹2,655 crores in the financial year 2019–20 with an annual profit of ₹639 crores. The total group revenue of the company stands at ₹20,000 crores.

History

The inception of Emami Group took place way back in the mid-seventies, in West Bengal, when two childhood friends, R.S. Agarwal and R.S. Goenka, left their corporate jobs with the Birla Group to set up Kemco Chemicals, a cosmetic manufacturing unit in Kolkata, in 1974. In 1978, it acquired the agri-product company Himani.

The company reported significant growth in modern trade and e-commerce revenues during the COVID-19 pandemic. It also re-launched Navratna Cool Talc and Zandu Pancharishta with a different formulation, packaging and communication. Emami also forayed into the hand sanitiser category as the demand for hand sanitisers shot up due to the coronavirus crisis.

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