Emami secures 'IND AA+/Stable/IND A1+' credit rating for bank facilities

Emami Limited received a credit rating of ‘IND AA+/Stable/IND A1+’ for its bank loan facilities from India Ratings & Research Pvt. Ltd. The assigned rating covers INR1,800 million in bank loan facilities. This favorable rating reflects Emami's strong business profile, supported by its leading market position across various niche product categories, geographical diversification, and robust marketing and distribution networks.

The rating rationale highlights Emami's ability to maintain strong EBITDA margins despite fluctuations in raw material costs, consistently exceeding industry averages. The company's financial profile is further bolstered by strong cash flow generation and a robust balance sheet with a net cash position of approximately INR6.3 billion at FYE25, up from INR2.9 billion in FY24. Emami's gross interest coverage remained high at 110x in FY25.

Emami's consolidated revenue reached INR38.1 billion in FY25, an increase from INR35.8 billion in FY24, with EBITDA growing to INR10.3 billion from INR9.5 billion in the same period. The company maintains an adequate liquidity profile, with unencumbered cash and current investments of approximately INR6.9 billion at FYE25.