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Earnings Call Transcript

Dabur India Earnings Call Transcript: Key Takeaways

Dabur delivered a strong Q1 FY27 with 10.6% consolidated revenue growth and 15% PAT increase, despite adverse weather and geopolitical headwinds.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growthConsolidated revenue grew 10.6% YoY, driven by India and international segments.
MarginsOperating margins grew 11% despite inflation via premiumization and cost discipline.
Demand visibilityRural demand continues to outperform urban markets, demonstrating strong momentum.
Management confidenceHigh; balanced optimism regarding rural recovery and international execution capability.

Growth

Growth was broad-based; India FMCG grew 9.5% with 5% volume. International business surged 15.5% in INR terms.

Outlook

Management maintains double-digit revenue growth guidance for FY27, targeting sizable M&A over the next three years.

Risks

Inflationary pressures in petroleum-linked inputs and geopolitical instability in the Middle East remain primary margin threats.

Last quarter's promises, checked

Delivered

  • Guided high single-digit Q4 revenue → delivered 10.6% (= BEAT)
  • Guided operating margin expansion → delivered 11% growth (= BEAT)
  • Guided PAT growth > revenue growth → delivered 15% vs 10.6% (= BEAT)

Partly delivered

  • Targeted 20% operating margin → Delivered 11% growth (current level not specified) (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: DABUR. Summary written with AI assistance from the document.

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Dabur India Ltd: key numbers

Share price
₹385.60
Market cap
₹68,404 Cr
Revenue (annual)
₹13,193 Cr
Net profit (annual)
₹1,895 Cr
P/E (TTM)
34.7×Sector 43.4×
Promoter holding
66.24%-0.01% QoQ
FII holding
9.66%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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