Emmbi Industries Q2 Review — Stellar Show Continues; Long-Term Growth Intact: KRChoksey

Emmbi Industries Q2 Review - Stellar Show Continues; Long-Term Growth Intact: KRChoksey

Flexible intermediate bulk containers manufactured by Emmbi Industries Ltd. (Source: Company website).

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research Report

In Q2 FY22, Emmbi Industries Ltd.’s revenue grew 97.6% YoY/8.3% QoQ to Rs 1,128 million.

The robust growth in revenue was due to lower base and strong traction in the business-to-business segment.

Emmbi Industries' gross margin in Q2 FY22 stood at 36.6%, contracting by 345 basis points YoY, led by higher material cost; however, on a QoQ basis, margin improved by 520 bps.

Ebitda has seen a growth of 100.7% YoY/12.8% QoQ to Rs 125 million, Ebitda margin also expanded by 15 bps YoY.

On QoQ basis margin expanded by 168 bps to 11.1%.

Profit after tax has seen a strong growth of 308.3% YoY/9.7% QoQ to Rs 49 million, profit after tax margin expanded by 225 bps YoY/104 bps QoQ to 4.4%.

Click on the attachment to read the full report:

KRChoksey EMMBI Industries Q2FY22 Result Update.pdf
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