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Emmbi Generates a Double Digit Growth in Challenging Markets

IMG-20191113-WA0050MUMBAI, 13 NOVEMBER, 2019 (GPN): Emmbi Industries Limited came out with a record performance in Q2 of FY 2019-20.

Highlights of Q2 FY20 performance:

(Rs. In Millions)

Particulars (in Rs. Million) Q2FY20 Q2FY19
Net income from operations (Rs.) 808.14 733.43
EBIDTA (Rs.) 98.68 103.02
EBITDA margin % 12.21% 14.05%
PAT (Rs.) 38.56 44.30
PAT margin % 4.77% 6.04%
EPS (Rs.) 2.18 2.50

Company’s’ flexibility in manufacturing helped it to switch production from the sluggish domestic packing vertical to the fast-growing water conservation segment in achieving this growth. Outlook remains stable, despite challenging market conditions, and we are committed in creating and building stakeholder-value in the long term. ENDS

About Emmbi Industries Limited:

Emmbi Industries Limited is a well-established brand whose product line spans across the areas of water conservation and rural distribution, agriculture, packaging, advanced composites, geo-textiles and various other polymer based materials. The products are sold in India, and across 57 countries and it has consistently built stakeholder trust for over 24 years.

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

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