Time period given by analyst is one year when Dabur India Ltd. price can reach defined target.
Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 107909.96 Crore) operating in FMCG sector.
Dabur India Ltd. key Products/Revenue Segments include Personal Care, Other Operating Revenue and Scrap for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 2696.38 Crore, up 11.34 % from last quarter Total Income of Rs 2421.77 Crore and up 31.42 % from last year same quarter Total Income of Rs 2051.77 Crore. Company reported net profit after tax of Rs 438.37 Crore in latest quarter.
Investment Rationale
Dabur India is likely to witness 12.2% revenue growth led by mix of volumes & prices on the back of strong growth of 13.7% in base quarter. The company has been a major beneficiary of increasing consumer awareness about health & immunity. It is foraying into several newer categories like edible oil, household Insecticides. The brokerage believes aggressive product launches & foraying into multiple newer categories is driving growth for the company. With increasing cost inflation, gross margins are likely to contract 240 bps in Q2. However, the brokerage expects smaller contraction of 30 bps in operating margins. Net profit is expected to grow 5.5% to Rs 509.3 crore.
Promoter/FII Holdings
Promoters held 67.4 per cent stake in the company as of June 30, 2021, while FIIs held 20.6 per cent, DIIs 4.7 per cent and public and others 7.4 per cent.
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