Emami

For other uses, see Emami (disambiguation).

Emami Group
Company typePublic
IndustryConglomerate
Founded1974; 50 years ago (1974)
Founder
HeadquartersKolkata, West Bengal, India
Key people
  • Radhe Shyam Agarwal
  • Radhe Shyam Goenka
Products
RevenueIncrease ₹34,000 crore (US$4.1 billion) (2023)[1]
Number of employees
25,000+ (2020)[1]
Websitewww.emamigroup.com

Emami Group is an Indian multinational conglomerate headquartered in Kolkata. The company caters to a number of niche categories in the personal care and healthcare segments.

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 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.[2] The total group revenue of the company stands at ₹20,000 crores.

History

The inception of Emami Group took place way back in 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.[3] In 1978, it acquired the agri-product company Himani.[4]

The company reported significant growth in modern trade and e-commerce revenues during the COVID-19 pandemic.[5] It also re-launched Navratna Cool Talc and Zandu Pancharishta with a different formulation, packaging and communication. Emami also forayed into the hand sanitizer category as the demand for hand sanitizers shot up due to the coronavirus crisis.[6][7][8]

Products

The company's brands include Navratna, BoroPlus, Zandu, Mentho Plus, Kesh King, Fair and Handsome.[9] The company is a major player in fairness cream products for men.[10]

Emami's brands:[11]

Category Size Emami's Market share
Navratna ₹1026 cr 66.4%
Boro Plus ₹645 cr 74.1%
Zandu & Mentho Plus Balms ₹1262 cr 54.9%
Kesh King ₹991 cr 26.6%
Fair And Handsome ₹401 cr 65.3%

In 2008, Emami acquired Zandu Pharmaceutical for ₹730 crores. The company merged Zandu FMCG into Emami and raised ₹310 crores through QIP.[citation needed] The company became debt free within 2 years of the Zandu deal. The company's health products unit offers tonics for colds and coughs as well as nutraceuticals.[12]

It forayed into men's deodorant market by launching HE brand of deodorants. Hrithik Roshan was appointed as brand ambassador for HE brand.[13] The company acquired Splash Corporation for ₹200 crore.[14] A German personal care brand Creme 21 was acquired by Emami for ₹100 crores in February 2019.[15] In March 2022, Emami acquired the Dermicool brand from the UK-headquartered company, Reckitt for ₹432 crores (£43 million).[16]

Shareholding pattern

Shareholders (as on 31 March 2021) Shareholding
Promoter and promoter group 53.85%
Institutions 36.91%
Non Institutions 9.24%
Total 100%

Controversies

Fair and Handsome

In 2007, the company attracted controversy with an advertisement for its skin whitening cream for men, Fair and Handsome. Emami and the star of the campaign, Shahrukh Khan, were accused of perpetuating racism.[10]

In July 2013, WOW a Chennai-based NGO launched a campaign against Emami asking them to remove the Fair and Handsome advertisement starring Khan, saying that it is discriminating against people on the basis of skin color.[17][18] The campaign has been supported by celebrities like Nandita Das[19] Tannishta Chatterjee. More than 22,000 people have signed an online petition launched by them.[20]

Hospital fire

In the early morning of 9 December 2011, an AMRI Hospital in south Kolkata's Dhakuria district erupted in fire, leading to the deaths of 92 people – mostly critically ill patients, many of them suffocating in their sleep.[21] The following day, the license for the hospital was canceled, and the Chief Minister of West Bengal ordered a judicial inquiry into the incident.[22] Allegedly, the fire was triggered by flammable chemicals that were stored at the site.[22][23] Rescue efforts were hampered by the narrowness and congestion of the road leading to the hospital,[22] and the allegations that all of the windows and doors were locked[22] and that the fire alarms and sprinklers installed at the hospital did not work during the fire.[23]

Seven members of the hospital's board were arrested the same day, and were remanded to police custody until 20 December by the court of the Chief Judicial Magistrate in Alipore.[22] Among the seven arrested were Agarwal and Goenka, founders of Emami and directors of the hospital chain, who were charged with negligently causing the deaths.[22] Ultimately a total of 16 people stood accused in the courts in July 2016, including the board members and several directors of the hospital.[21] Amongst the charges were culpable homicide not amounting to murder under section 304 of the Indian Penal Code, which carries a maximum sentence of 10 years' imprisonment in cases where the criminal actions are undertaken knowingly but without the intention to cause death.[21] Additional charges were laid under Section 308 (attempt to commit culpable homicide) and Section 38 (effect caused partly by act and partly by omission).[21]

The fire was recorded as the largest hospital tragedy in India at the time.[23]

Sporting affiliation

References

  1. ^ a b c "Emami: Revenue 2023".
  2. ^ "Company's Annual Report 2019-20" (PDF). Archived from the original (PDF) on 28 January 2023. Retrieved 7 June 2021.
  3. ^ "The journey - Emami Ltd". www.emamiltd.in. Retrieved 7 June 2021.
  4. ^ "40 Years Ago... And now: Connecting with the mass consumer". Business Standard. Retrieved 16 October 2023.
  5. ^ "Company's Annual report 2019-20" (PDF). Archived from the original (PDF) on 28 January 2023. Retrieved 7 June 2021.
  6. ^ Mukherjee, Writankar (18 June 2020). "Emami enters soap, hand wash categories under Boroplus". The Economic Times. Retrieved 18 June 2020.
  7. ^ "BoroPlus fame Emami debuts in hand sanitizer category as demand shoots due to coronavirus". The Financial Express. 16 April 2020. Retrieved 18 June 2020.
  8. ^ "Emami Boroplus forays into personal hygiene space". afaqs!. 18 June 2020. Retrieved 18 June 2020.
  9. ^ "Company's Annual report 2019-20" (PDF). Archived from the original (PDF) on 28 January 2023. Retrieved 7 June 2021.
  10. ^ a b India's hue and cry over paler skin, The Daily Telegraph, 1 July 2007
  11. ^ "Company's Annual report 2019-20" (PDF). Archived from the original (PDF) on 28 January 2023. Retrieved 7 June 2021.
  12. ^ Golikeri, Priyanka (24 May 2008). "Nutraceuticals make it to the grocery shopping list". DNA MONEY. Archived from the original on 19 September 2010. Retrieved 19 January 2010.
  13. ^ "Emami enters deodorant market".
  14. ^ "Emami to acquire Philippines based Splash Corp". Sharekhan. 11 October 2013. Retrieved 9 November 2015.[permanent dead link‍]
  15. ^ "Emami acquires German brand Creme 21 for Rs 100 crore". Medical Dialogues. 2 February 2019. Retrieved 2 February 2019.
  16. ^ "Emami acquires Dermicool brand from Reckitt". EasternEye. 28 March 2022. Retrieved 28 March 2022.
  17. ^ [1], DNA, 31 July 2013
  18. ^ [2] The Atlantic, 5 August 2013
  19. ^ [3], The Guardian, 14 August 2013
  20. ^ [4], Business Standard, 14 November 2013
  21. ^ a b c d "AMRI Hospital tragedy: Kolkata court frames charges". Indian Express. Indo-Asian News Service. 1 July 2016. Retrieved 29 August 2016.
  22. ^ a b c d e f NDTV Correspondent (10 December 2011). "Kolkata hospital fire: Mamata Banerjee orders judicial inquiry". NDTV. NDTV Convergence Limited. Retrieved 29 August 2016. {{cite news}}: |last1= has generic name (help)
  23. ^ a b c [5], Economic Times, 10 December 2011

Read other articles:

Chandabhoy Galla Case

The Chandabhoy Galla Case set a significant precedent on the issue of a human's claim to being infallible, immaculate, executor of God's will, and trusteeship of God's funds. The case was filed in 1917, during the British rule of India, by Sir Thomas Strangman, the Advocate General of Bombay, at the behest of Adamjee Peerbhoy's family against the 51st Dai al-Mutlaq of the Dawoodi Bohra, Taher Saifuddin. In 1921, Saifuddin won the case on basis of the belief that Imam, as representative of th...

 

 

List of the oldest currently registered Internet domain names

History of computing Hardware Hardware before 1960 Hardware 1960s to present Software Software Software configuration management Unix Free software and open-source software Computer science Artificial intelligence Compiler construction Early computer science Operating systems Programming languages Prominent pioneers Software engineering Modern concepts General-purpose CPUs Graphical user interface Internet Laptops Personal computers Video games World Wide Web Cloud By country Bulgaria Easter...

 

 

Pro-M

Pro-MJenisMusik dan HiburanIndustriMusik dan HiburanDidirikan2010 di JakartaKantorpusatJakarta, IndonesiaProdukMusik dan Hiburan Pro-M adalah perusahaan rekaman asal Indonesia. Perusahaan ini didirikan pada tahun 2010 di Jakarta. Penyanyi dan musisi terkenal di label rekaman ini seperti Sammy Simorangkir, Repvblik, Zigaz, dan lain-lain. Daftar artis Sammy Simorangkir Gio Lelaki Abirama StarBe Zian Dygta IDEAZ REYGI Cupid Aladin Zigaz Gisella Anastasia Magna Ammar Febrian Cokelat (2019-2021) P...

Festival Rock 8

Festival Rock se-Indonesia ke-8Kompilasi karya Various ArtistDirilis1 Juni 1996DirekamApril - Mei 1996GenreRockDurasi90 MenitLabelMusica Studio'sLog Zhelebour MusicProduserLog ZhelebourSeries Festival Rock 7 (?)'Festival Rock 7'String Module Error: Match not found Festival Rock 8 (1996) - (-)'-'String Module Error: Match not found Festival Rock se-Indonesia ke-8 adalah Album kompilasi Festival Rock se-Indonesia yang diproduseri oleh Log Zhelebour dan dirilis pada tahun 1996. Festival Rock...

 

 

Tech noir

Hybrid genre of fiction, combining film noir and science fiction TechNoir, the nightclub in The Terminator, invokes associations with both film noir and sci-fi. Tech-noir (also known as cyber noir, future noir and science fiction noir) is a hybrid genre of fiction, particularly film, combining film noir and science fiction, epitomized by Ridley Scott's Blade Runner (1982)[1] and James Cameron's The Terminator (1984).[2] The tech-noir presents technology as a destructive and dy...

 

 

Charalampos Andreou

Questa voce sull'argomento calciatori ciprioti è solo un abbozzo. Contribuisci a migliorarla secondo le convenzioni di Wikipedia. Segui i suggerimenti del progetto di riferimento. Charalampos Andreou Nazionalità  Cipro Altezza 173 cm Calcio Ruolo Attaccante Termine carriera 2003 Carriera Squadre di club1 1987-1997 Nea Salamis197 (97)1997-1999 Anorthōsis43 (19)1999-2003 Nea Salamis74 (28) Nazionale 1992-1997 Cipro U-2123 (2) 1 I due numeri indicano le presenze e le...

Costante Degan

Questa voce sull'argomento politici italiani è solo un abbozzo. Contribuisci a migliorarla secondo le convenzioni di Wikipedia. Segui i suggerimenti del progetto di riferimento. Costante Degan Ministro della saluteDurata mandato4 agosto 1983 –1º agosto 1986 Capo del governoBettino Craxi PredecessoreRenato Altissimo SuccessoreCarlo Donat-Cattin Ministro della marina mercantileDurata mandato1º agosto 1986 –28 luglio 1987 Capo del governoBettino CraxiAmin...

 

 

Indore Lok Sabha constituency

Lok Sabha Constituency in Madhya Pradesh, India IndoreLok Sabha constituencyConstituency detailsCountryIndiaRegionCentral IndiaStateMadhya PradeshAssembly constituenciesDepalpur Indore-1 Indore-2 Indore-3 Indore-4 Indore-5 Rau SanwerEstablished1952ReservationNoneMember of Parliament17th Lok SabhaIncumbent Shankar Lalwani PartyBharatiya Janata PartyElected year2019 Indore Lok Sabha constituency is one of the 29 Lok Sabha constituencies in Madhya Pradesh state in central India. This constituenc...

 

 

Martin Luther King

Disambiguazione – Se stai cercando altri significati, vedi Martin Luther King (disambigua). Martin Luther King Jr. Premio Nobel per la pace 1964 Martin Luther King Jr., nato Michael King Jr. (Atlanta, 15 gennaio 1929 – Memphis, 4 aprile 1968), è stato un attivista, politico e pastore protestante statunitense, leader del movimento per i diritti civili degli afroamericani. Il suo nome viene accostato per la sua attività di pacifista a quello di Gandhi, il leader della non violenza di...

Katedral Beirut (Armenia)

Artikel ini sebatang kara, artinya tidak ada artikel lain yang memiliki pranala balik ke halaman ini.Bantulah menambah pranala ke artikel ini dari artikel yang berhubungan atau coba peralatan pencari pranala.Tag ini diberikan pada April 2024. Katedral Santo Elias dan Santo Gregorius sang PencerahՍուրբ Եղիա – Սուրբ Գրիգոր Լուսաւորիչ եկեղեցիKatedral Santo Elias dan Santo Gregorius sang PencerahLokasiAlun-alun DebbasBeirutNegaraLebanonDenominasiGereja Katol...

 

 

يورقون أباد عليا

يورقون أباد عليا تقسيم إداري البلد إيران  إحداثيات 37°40′31″N 45°08′30″E / 37.6753°N 45.1417°E / 37.6753; 45.1417   تعديل مصدري - تعديل   يورقون‌ أباد عليا هي قرية في مقاطعة أرومية، إيران. عدد سكان هذه القرية هو 408 في سنة 2006.[1] مراجع ^ تعداد سكان جمهورية إيران الإسلامية، 138...

 

 

Gringo

Pejorative term For other uses, see Gringo (disambiguation). Gringo (/ˈɡriːnɡoʊ/, Spanish: [ˈɡɾiŋɡo], Portuguese: [ˈɡɾĩɡu]) (masculine) or gringa (feminine) is a term in Spanish and Portuguese for a foreigner. In Spanish, the term usually refers to English-speaking Anglo-Americans. There are differences in meaning depending on region and country. In Latin America, it is generally used to refer to non-Latin Americans. The term is often considered a pejorative, ...

Kingston University

Public university in London, England Kingston Polytechnic redirects here. For the Indian school, see Kingston Polytechnic College. This article is about the university in London, England. For other uses, see Kingston University (disambiguation). Kingston University LondonCoat of arms of the universityMottoLatin: Per Scientiam Progredimur [1]Motto in EnglishThrough Learning We Progress [1]TypePublicEstablished1992; 32 years ago (1992) – gained Universit...

 

 

Patronage

Support that one organization or individual bestows to another Patron redirects here. For other uses, see Patron (disambiguation) and Patronage (disambiguation). Patronage is the support, encouragement, privilege, or financial aid that an organization or individual bestows on another. In the history of art, arts patronage refers to the support that princes, popes, and other wealthy and influential people have provided to artists such as musicians, painters, and sculptors. It can also refer to...

 

 

National Coordinator for Security and Counterterrorism

Main Dutch counter-terrorism unitNational Coordinator for Security and CounterterrorismNationaal coördinator terrorismebestrijding en veiligheidCounterterrorism coordinator overviewJurisdictionGovernment of the NetherlandsHeadquartersTurfmarkt 147, The HagueMottoDe NCTV dient de nationale veligheid. Wij beschermen belangen, signaleren dreigingen en versterken weerbaarheid (The NCTV serves the Netherlands’ national security. We protect national interests, identify threats and strengthen re...

Flag of Vietnam

National flag Socialist Republic of VietnamCờ đỏ sao vàng (red flag with a golden star)Cờ Tổ quốc (flag of the Fatherland)UseCivil and state flag Proportion2:3Adopted23 November 1940; 83 years ago (1940-11-23) (Cochinchina uprising)2 September 1945; 78 years ago (1945-09-02) (Democratic Republic of Vietnam)1955; 69 years ago (1955) (current version)1976; 48 years ago (1976) (reunified Socialist Republic of Vie...

 

 

Haldimand County

City in Ontario, Canada For the surname and other uses of the name, see Haldimand. City in Ontario, CanadaHaldimand CountyCity (single-tier)Haldimand CountyThe Grand River Bridge, which carries Argyle St. over the Grand River in Caledonia.Coordinates: 42°56′N 79°53′W / 42.933°N 79.883°W / 42.933; -79.883CountryCanadaProvinceOntarioEstablished1800 (County)Restructured1974 (Regional Municipality of Haldimand-Norfolk)Amalgamated2001 (Single-tier municipality)Gover...

 

 

Klingon Empire

Emblem Klingon Empire Klingon Empire adalah sebuah imperium fiksional dalam dunia Star Trek. Klingon Empire juga sering disebut Impreial Klingon Empire atau Klingon Imperial Empire. Klingon Empire adalah imperium resmi spesies Klingon Klingon Empire ditemukan pada abad ke-9 oleh Kahless the Unforgettable yang berhasil menyatukan Klingon di planet Qo'noS (Kronos). lbsStar Trek Garis besar Garis waktu Cerita resmi Serial televisi (episode)Peran hidup The Original Series episode The Next Generat...

Kup Bosne i Hercegovine 2011-2012

Kup Bosne i Hercegovine 2011-2012 Competizione Kup Bosne i Hercegovine Sport Calcio Edizione 12ª (18ª in totale[1]) Organizzatore N/FS BiH Date dal 14 settembre 2011al 16 maggio 2012 Luogo  Bosnia ed Erzegovina Partecipanti 32 Formula Eliminazione diretta Risultati Vincitore Željezničar(4º titolo) Secondo Široki Brijeg Statistiche Miglior marcatore Šaban Pehilj (6 reti) Incontri disputati 46 Gol segnati 107 (2,33 per incontro) Cronologia della competizio...

 

 

Riverside Country Park

Riverside Country ParkFootpath Junction in Riverside Country ParkRiverside Country Park shown within KentOS gridTQ808683Coordinates51°23′07″N 0°35′49″E / 51.3853°N 0.5969°E / 51.3853; 0.5969Area247 acres (1.00 km2)Created1970s (1970s)Operated byMedway CouncilStatusOpen 7 days a week, dawn until duskWebsiteRiverside Country Park Riverside Country Park is a large coastal public park, situated alongside the River Medway estuary between Gillingh...