Emami Agrotech, the edible oil, biodiesel and foods arm of Kolkata-based Emami Group, is targeting a turnover of ₹22,000 crore in FY27, expecting 10% revenue growth this fiscal on the back of strong demand, according to an interview with PTI. The company posted a turnover of ₹20,137 crore in 2025-26.
Demand outlook: festive season boost and stable prices
CEO and Director Sudhakar Rao Desai told PTI that demand is expected to remain robust during the upcoming festive season, aided by stable commodity prices and inventory replenishment across the trade channel. "As we go into the next three-four months and the festive season, consumption is bound to increase. I also see stabilised prices in commodities, which should lead to some inventory building in the pipeline," he said.
Supply-side risks: geopolitical tensions and El Nino
Desai cautioned about the geopolitical tensions and evolving weather conditions, including the impact of El Nino in India and key producing regions in Asia, which remain critical monitorables on the demand-supply front. The company is watchful of risks attached with geopolitical tension, weather situation and commodity price volatility.
Diversification into foods and brand building
Emami Agrotech is broadening its presence beyond edible oils and strengthening its foods portfolio with products such as atta, maida, suji, soya nuggets and spices. The company operates in the edible oil category under brands Healthy & Tasty and Best Choice, and in the food segment under Mantra Spices, Himani Best Choice, and Advans Soya Chunks. "We are not only growing in refined edible oils but are also making inroads into the foods category," Desai said on the sidelines of an event organised by industry body FICCI.
On capital expenditure, Desai said the company has already invested substantially in refining and crushing capacities and will now focus more on brand building and expanding its food portfolio. "We have invested enough in our refining assets and crushing plants. The CAPEX going forward will be more towards brand building and expanding our food portfolio," he added.
Profitability and input cost relief
Desai noted that the operating environment remains highly volatile, requiring agile management of commodity and currency risks. "We are looking at normal growth in profitability. We have to manage the risks arising from commodity cycles and currencies. We are cautious but consistent on growth," he said.
He also acknowledged that inflationary pressures on packaging materials have eased in recent months following a correction in global crude oil prices. "Packaging inputs such as laminates, cartons and tin plates had become costlier earlier as global oil prices surged. However, with oil prices stabilising, these input costs have also softened, which should eventually benefit consumers," he said.
Challenges from low-cost imports via Nepal
Desai pointed to challenges from low-cost edible oil brands entering India through Nepal, particularly affecting markets in northern and eastern India. This competitive pressure adds to the need for efficient operations and brand differentiation.
Company operations and growth strategy
Emami Agrotech expects sustained volume growth in the edible oils business, driven by its portfolio of premium and differentiated brands. The company will continue leveraging its multi-location manufacturing and distribution network to expand market reach and support growth across segments. Desai said the company's refined edible oil brands include Healthy & Tasty and Best Choice, while its food portfolio includes atta, maida, suji, soya nuggets and spices under brands like Mantra Spices, Himani Best Choice, and Advans Soya Chunks.
| Metric | Value | Source |
|---|---|---|
| FY27 turnover target | ₹22,000 crore | PTI interview with CEO |
| FY26 actual turnover | ₹20,137 crore | PTI |
| Expected revenue growth | 10% | PTI |
| Key demand drivers | Festive season, stable commodity prices, inventory replenishment | PTI |
| Key risks | Geopolitical tensions, El Nino weather, commodity price volatility | PTI |
Outlook for commodity traders and analysts
For commodity traders and procurement teams monitoring Indian edible oil markets, Emami Agrotech's outlook signals robust demand ahead of the festive season, with potential inventory building in the pipeline. Stable commodity prices, as noted by the CEO, could reduce short-term volatility but the risk of El Nino in Asian producing regions and geopolitical tensions remain critical watchpoints. The easing of packaging input costs following lower crude oil prices provides some relief to margins, though competition from low-cost imports via Nepal adds pricing pressure in northern and eastern India. Traders should track weather developments, currency movements, and global crude oil trends as key inputs for edible oil price direction.
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