Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 94521.65 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2809.77 Crore, up 7.92 % from last quarter Total Income of Rs 2603.63 Crore and up 15.75 % from last year same quarter Total Income of Rs 2427.43 Crore. Company reported net profit after tax of Rs 493.60 Crore in latest quarter.
Investment Rationale
The brokerage values Dabur at a P/E of 47x Mar-23F EPS of INR12.78, in line with its past three-year average trading multiple, implying a TP of INR610. Slow growth in new categories is a key downside risk.
Promoter/FII Holdings
Promoters held 67.9 per cent stake in the company as of Dec 30, 2020, while FIIs held 18.5 per cent, DIIs 5.9 per cent and public and others 7.7 per cent.
