Consolidated Business Performance

  • Despite challenging geopolitical backdrop and hyperinflationary pressures across key markets, consumer sentiment remained resilient
  • Business trajectory improved sequentially, quarter-on-quarter
  • Expected consolidated revenue: Double-digit growth
  • Expected profit after tax: Double-digit growth
  • Operating margins remained stable through calibrated price actions to mitigate elevated inflation, particularly within the haircare segment

India FMCG Business Performance

  • Demonstrated resilience and continued growth momentum quarter-on-quarter
  • Growth: Near double-digit growth
  • Rural markets continued to outpace urban markets

Segment-wise Performance:

Home & Personal Care:

  • Expected to grow at near teens level
  • Hair Oils and Shampoos: Likely to deliver high teens growth
  • Robust performance in both perfumed and coconut hair oils
  • Reflective of healthy consumer demand and enduring brand equity

Oral Care:

  • Expected to post near double-digit growth
  • Underpinned by sustained investments and long-term franchise strength
  • Growth was broad-based across portfolio:
  • New Herbal Franchise: Strong double-digit growth
  • Meswak: Strong double-digit growth
  • Flagship brands Red Toothpaste and Lal Dant Majan: Continued upward trajectory

Healthcare:

  • Expected sequential improvement with mid-single-digit growth
  • Flagship brands expected to deliver robust double-digit growth:
  • Hajmola
  • Pudin Hara
  • Health Juices Range
  • Dabur Honitus
  • Isabgol
  • Dabur Glucose showed sequential recovery after being impacted during early part of quarter

Food Business:

  • Continued to record high double-digit growth
  • Badshah: Continued to deliver high teen growth

Beverage Portfolio:

  • Registered sequential recovery during quarter
  • Driven by strong double-digit growth in:
  • Real Activ Juices Range
  • Coconut Water

Channel Performance

  • Emerging channels (E-commerce, Quick commerce, Modern Trade): Expected to report strong double-digit growth
  • General Trade: Showed sequential improvement with growth across both urban and rural markets
  • Project Saksham (distribution and Route to market optimization lever): Showing early positive signs

International Business Performance

  • Expected to post high teen growth in INR terms
  • Achieved despite severe headwinds in Middle East
  • Key markets recording strong double-digit growth in INR terms:
  • Egypt
  • Turkey
  • Bangladesh
  • UK

Strategic Outlook

  • Middle East situation expected to ease, optimistic about improving consumption across international markets
  • Company continues to execute against strategic priorities
  • Positioning to capture improving consumption trends
  • Focus on driving cost competitiveness and harnessing digital capabilities
  • Aiming for sustainable, profitable growth over medium to long term

Company Background

Dabur India Limited is one of India's leading FMCG Companies with 141-year legacy. 8 out of every 10 Indian households use at least one Dabur product. Portfolio includes:

  • Three INR 1000 crore brands: Dabur Amla, Dabur Red Toothpaste, Real
  • Three INR 500 crore brands
  • 16 brands in INR 100-500 crore range
  • 3rd most distributed FMCG company with 8.5 million retail outlets reach
  • FY 2025-26 performance: Consolidated revenue from operations of INR 13,192 crore; Consolidated profit after tax of INR 1,895 crore