Emmbi Industries Ltd. News and Updates

Name: Latest research reports of Emmbi Industries Ltd. authored by KRChoksey and published by - Trendlyne research reports.
Item: Emmbi Industries Ltd.
Rating: 5
Author: KRChoksey

Keep track of all breaking news on Emmbi Industries Ltd. from all sources in a single place.

Emmbi Industries Ltd.

16 Feb 2024

87.08

2.53%

Emmbi Ind Standalone December 2023 Net Sales at Rs 106.12 crore, up 17.82% Y-o-Y

Moneycontrol

Emmbi Industries Ltd. has lost -46.13% in the last 3 Months

Emmbi Industries Ltd.

02 Jun 2023

87.08

2.53%

Shifting of business to new territory led to recovery in the revenue

Buy: Emmbi Industries Ltd.

Target

KRChoksey

In Q4FY23, Emmbi witnessed a 30.9% QoQ growth in revenue, amounting to INR 1002mn. Although there was an 8.2% YoY decline, this can be attributed to the challenging global macroeconomic conditions, particularly in the European market. To counteract these difficulties, Emmbi has strategically shifted its focus towards other geographic regions, led to sequential growth.

Emmbi Industries Ltd. has lost -15.04% in the last 1 Month

Emmbi Industries Ltd.

20 Feb 2023

87.08

2.53%

Slowdown in the global markets persists; domestic packing market trending positive

Buy: Emmbi Industries Ltd.

Target

KRChoksey

In Q3FY23, Emmbi’s revenue saw a decline of 30.2% YoY/13.5% QoQ to INR 766mn, on account of subdued performance in its global markets on the back of challenging situation in these markets, especially in the European market. The company is shifting its focus more towards the domestic market to mitigate the risk of a slowdown and higher uncertainty in the international markets.

Emmbi Industries Ltd. has lost -31.16% in the last 6 Months

Emmbi Industries Ltd.

17 Nov 2022

87.08

2.53%

Slowdown impacted results, long term story intact

Buy: Emmbi Industries Ltd.

Target

KRChoksey

In Q2FY23, Emmbi’s revenue saw a decline of 21.5% YoY/16.3% QoQ to INR 885 mn. EBITDA has seen a decline of 21.8% YoY/7.7% QoQ to INR 98 mn. Despite a fall in absolute EBITDA numbers, EBITDA margin

Emmbi Industries Ltd. is trading below all available SMAs

Emmbi Industries Ltd.

11 Nov 2022

87.08

2.53%

Emmbi Ind Standalone September 2022 Net Sales at Rs 103.88 crore, down 21.38% Y-o-Y

Moneycontrol

NULL

Emmbi Industries Ltd. is trading below all available SMAs

Emmbi Industries Ltd.

18 Aug 2022

87.08

2.53%

Buy EMMBI Industries; target of Rs 139: KR Choksey

Moneycontrol

KR Choksey is bullish on EMMBI Industries has recommended buy rating on the stock with a target price of Rs 139 in its research report dated August 17, 2022.

Emmbi Industries Ltd. has lost -31.16% in the last 6 Months

Emmbi Industries Ltd.

17 Aug 2022

87.08

2.53%

Soft quarter, long term story intact

Buy: Emmbi Industries Ltd.

KRChoksey

In Q1FY23, Emmbi’s revenue grew 1.6% YoY to INR 1,058 mn. Though on QoQ basis revenues declined by 3.0%.

Emmbi Industries Ltd. has lost -15.04% in the last 1 Month

Emmbi Industries Ltd.

19 May 2022

87.08

2.53%

Emmbi Ind

Buy: Emmbi Industries Ltd.

Target

KRChoksey

Emmbi Industries Ltd. has lost -15.04% in the last 1 Month

Emmbi Industries Ltd.

15 Jul 2021

87.08

2.53%

Emmbi Industries: Growth outlook bullish

Moneycontrol

Emmbi's management is optimistic on the medium-term outlook as the rebound in manufacturing confidence aligns with better global trade activity and rising consumer confidence