Dabur India Limited – Investor Presentation Summary

Key Operational Highlights

  • Consolidated revenue growth of 10.6% YoY in Q1 FY27
  • Home & Personal Care (HPC) segment grew 12.3% YoY
  • Foods segment (including Badshah) grew 30% YoY
  • Beverages segment showed sequential strengthening quarter-on-quarter despite unseasonal rainfall impact
  • New age channels (E-commerce and Modern Trade) delivered robust double-digit growth
  • Continued market share gains across key categories

Key drivers of operational performance: Strong growth in Hair Care portfolio, Activ Range, Foods, Pudin Hara, Honitus, Health Juices, and Sanifresh; amplified marketing campaigns; recovery in beverage business in May-June period.

Segment-wise Performance

Home & Personal Care: 12.3% growth

  • Hair Care: Strong double-digit growth in oils and shampoo (early twenties growth)
  • Oral Care: High single-digit growth in toothpastes
  • Home Care: High single-digit growth in Odonil, strong double-digit growth in Sanifresh
  • Skin Care: High single-digit growth

Healthcare:

  • Health Supplements: High single-digit growth in Honey
  • Digestives: Double-digit growth in Hajmola tablets and Pudin Hara; Isabgol grew in twenties
  • OTC & Ethicals: Strong double-digit growth in Honitus and health juices

Foods & Beverages:

  • Beverages: Strong recovery in May-June after unseasonal rainfall impact; Activ range maintained strong double-digit growth; Fizz portfolio grew high teens
  • Foods: High twenties growth in culinary portfolio; Badshah business grew double digits

Explanation of significant changes in segment performance: Beverages segment impacted by unseasonal rainfall during April and early May; Middle East international business affected by war-led disruptions and geopolitical tensions.

Financial Highlights

Revenue: ₹3,763.5 crore (Consolidated), ₹2,687.3 crore (Standalone)

EBITDA: ₹913.9 crore (Consolidated), ₹666.5 crore (Standalone)

PAT: ₹590.9 crore (Consolidated), ₹452.4 crore (Standalone)

Margins: Consolidated EBITDA margin 24.3% (+50 bps YoY), Operating Profit margin 19.7% (+10 bps YoY), PAT margin 15.7% (+60 bps YoY)

YoY comparison: Consolidated revenue growth 10.6%, PAT growth 15.0%; Standalone revenue growth 8.8%, PAT growth 11.0%

Drivers of financial performance: Strong topline delivery, operating profit growth (+11%) and PAT growth (+15%) ahead of topline despite high inflation of 8%

Key Risks: High inflation in India and international business, geopolitical tensions impacting Middle East operations, unseasonal rainfall affecting summer-centric categories

Geographical Revenue Split

Domestic vs Export/Regional Revenue:

  • Domestic business showed strong growth momentum
  • International business: Double-digit growth across major markets except Middle East
  • Middle East growth softened due to geopolitical volatility and war-led disruptions

Region Wise INR Growth in Q1 FY27: All major international markets except Middle East showed double-digit growth

Strategic & R&D Initiatives

Investments in Innovation: New communication campaigns including Pudin Hara focusing on 'cooling relief from acidity', Dabur Real "9 Fruits ka power" campaign, Real Active "Keep It Real" campaign, Dabur Lal Dant Manjan campaign with Ravi Kishan, Amplified campaign with Anushka Sharma across digital, trade and wall paintings

Expected impact on growth: Marketing campaigns driving brand strength and market share gains

Strategic Rationale: Strengthening brand positioning and expanding market presence across categories

Industry Trends & Business Environment

Macro/Industry Trends: High inflation environment (8%), geopolitical tensions, unseasonal rainfall patterns

Impact on Company: Input cost inflation, disruption in Middle East operations, temporary impact on summer-centric categories (Glucose and Beverages)

Management Commentary & Growth Outlook

Strategic Outlook: Despite operating headwinds, company delivered strong financial performance with margin expansion

FY Guidance: Not explicitly provided in presentation

Risks and Opportunities: Geopolitical tensions, inflation pressure, weather patterns identified as key challenges