# Emami Board Meets November 5 for Q2 FY27 Results, With 20% Revenue Growth Expected

> Emami's board meets November 5 to report Q2 FY27 results and consider an interim dividend, with HDFC Securities expecting 20% revenue growth and 4% adjusted PAT growth.

- Published: 2026-11-01T16:33:33+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-01/emami-q2-fy27-results-dividend
- Source: [Mint](https://www.livemint.com/market/stock-market-news/emami-vs-dabur-fmcg-shares-q2-results-preview-profit-revenue-expectations-dividend-announcements-in-focus-11793546880029.html)

## Key takeaways

- Emami's board meets on November 5, 2026, to announce Q2 FY27 results and may declare an interim dividend for FY27.
- HDFC Securities expects Emami revenue to rise 20% year on year and adjusted PAT to grow 4%.
- Dabur India reports Q2 FY27 results on November 4, 2026, with 11% revenue growth and 9% adjusted PAT growth expected.
- Emami completed an open market buyback that extinguished 73 lakh shares and raised promoter stake to 55.78%.

Emami's board of directors meets on November 5, 2026, to announce Q2 FY27 results and may consider and declare an interim dividend for FY27, with HDFC Securities expecting a 20% annual jump in revenue and adjusted profit after tax growth close to 4%. [Mint](https://www.livemint.com/market/stock-market-news/emami-vs-dabur-fmcg-shares-q2-results-preview-profit-revenue-expectations-dividend-announcements-in-focus-11793546880029.html) reported the schedule and the brokerage's expectations.

## Emami's Q2 FY27 Board Meeting and Dividend Plan

[Emami](https://akta.pro/company-profiles/0006wce/emami) is a Kolkata-based consumer goods company founded in 1974, with a turnover of Rs 3780 Cr in FY'26 as reported on its website and a debt-free balance sheet as of March 31, 2026. The board meeting falls on November 5, 2026, and the agenda includes quarterly earnings and a possible interim dividend for FY27.

HDFC Securities expects Emami's gross margin to contract 380bps year on year to 67.3%, with EBITDA margin down 240bps to 20%. The brokerage expects EBITDA to grow 7% year on year and adjusted PAT to grow 4% year on year.

Dabur India, the other company in the comparison, reports Q2 results on November 4, 2026, and its board may also consider and announce an interim dividend for FY27. HDFC Securities expects Dabur revenue growth of 11% and adjusted PAT growth of 9%. [Dabur India](https://akta.pro/company-profiles/0006s3j/dabur-india) said on October 6, 2026, that it expects double-digit revenue growth in Q2 FY27, with Home & Personal Care leading at high-teens, according to The Times of India.

## Emami's Acquisitions and Buyback Ahead of Results

Emami acquired a 60% stake in IncNut Digital for Rs 321 crore in May 2026, entering AI-led personalised beauty and personal care through the Vedix and SkinKraft brands, with plans to acquire the remaining 40% within 4.5 years, according to akta.pro [company records](https://akta.pro/company-data). In April 2026 the company executed a definitive agreement to acquire the remaining 73.5% stake in Axiom Ayurveda for up to Rs 200 crore, making it a wholly-owned subsidiary and entering health and wellness beverages via the AloFrut and Axiom Jeevan Ras brands.

The same records show a net cash position of Rs 883 Cr as of March 31, 2026, and a 100% debt-free company as of that date.

## Emami's Path to the November 5 Board Meeting

On October 28, 2026, Emami revised its Q2FY27 analyst call to 2:30 pm on November 5 from the originally scheduled 4:00 pm, and said it had completed its open market buyback, extinguishing 73 lakh shares and raising promoter stake to 55.78%, ScanX reported. In September 2026, Emami launched BoroPlus FromMaa, a baby-care portfolio spanning lotion, cream, soap, shampoo, massage oil, powder and diaper rash cream, The Times of India reported. The Times of India also reported in September 2026 that Dabur challenged a Delhi High Court ruling upholding curbs on its hair oil over Emami's trade dress, with the court finding Dabur's product layout and colour scheme deceptively similar.

## What Follows the Emami Results

Emami's analyst call is scheduled for 2:30 pm on November 5, 2026, the revised time the company set in October. Dabur India's board meets a day earlier, on November 4, 2026, to announce its Q2 results and consider an interim dividend.

## Companies in this story

- [Emami company profile](https://akta.pro/company-profiles/0006wce/emami) · website: http://www.emamiltd.in
- [Dabur India company profile](https://akta.pro/company-profiles/0006s3j/dabur-india) · website: http://www.dabur.com

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