Dabur India Ltd share Price Today

Dabur India (DIL) is one of the biggest FMCG companies with a presence in Ayurveda based products across categories. The company has substantial market share in health supplement, OTC & Ethical products, oral care, hair care, home care & juices.

• The company has a total distribution reach of 7.7 million retail outlets with direct reach of 1.4 million outlets. It plans to increase direct distribution to 1.5 million outlets. Dabur also derives ~50% of its sales through rural regions with a presence in 100,000 villages

Dabur reported 6.4% sales growth led entirely by pricing growth

• Domestic sale was up 4.7% YoY, led by strong growth in Food & beverages 
• EBITDA was at ₹ 409.8 crore, down 9.6% YoY, with margins at 15.3%
• Consequent adjusted PAT was down 22.8% at ₹ 292.8 crore

Personal products company Dabur India announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

• For the fourth quarter, Dabur's consolidated net profit surged 16.2% to Rs 350 crore from Rs 301 crore in the same period the previous year. Adjusting for certain factors on a like-to-like basis, the Q4 consolidated net profit was up 22.7% to Rs 370 crore.
• Quarterly consolidated revenue showed a 7.3% rise on a constant currency basis, recording Rs 2,815 crore, a 5.1% increase in INR terms from the previous year's quarter of Rs 2,678 crore.
• The company witnessed a 13.9% improvement in operating profit during the quarter.
• International business reported a 12% growth in constant currency in the fourth quarter.

FY24 Financial Highlights:

• Dabur India Ltd's annual consolidated revenue for the FY24 crossed Rs 12,000 crore, reaching Rs 12,404 crore, a 7.6% increase from the previous year's Rs 11,530 crore. On a constant currency basis, this represents a growth of 10.1%.
• The company's full-year consolidated net profit rose by 7.9% to Rs 1,843 crore, up from Rs 1,707 crore in the preceding year.
• The FMCG business volume growth stood at 5.5% for the year.
• Market share gains were observed across 95% of Dabur's portfolio, with notable increases in Odomos, Chyawanprash, Hair Oil, Honitus, and Juices & Nectars categories.
• International business reported a 16.4% growth for the full year, with significant accomplishments in Egypt, Turkey, the MENA region, and Sub-Saharan Africa.
• The board proposed a final dividend of 275%, making the total dividend for the year 550%, translating to Rs 2.75 per share or Rs. 487.31 crore in aggregate.

Dabur India, Chief Executive Officer, Mohit Mathotra, said, "We've ended the year with a steady performance. underscoring the power of Dabur's brands. We have been investing heavily behind our brands, which tncreased by 33%, to drive demand and also sustain the growth momentum. This has helped us deliver steady sales and profit growth in the fourth quarter despite multiple headwinds. We continued to execute on our strategic plan by driving operational excellence, delivering innovative and premium products, and expanding our retail footprint to build the foundation for long-term profitable, sustainabte growth"

Dabur India FMCG Business posted a volume growth of 5.5% for the full year. The India Business saw our key brands and products post category-leading growths with market share gains across 95% of the portfolio. Our mosquito repellent brand Odomos reported a 677bps gain in market share, while Chyawanprash reported a 138bps gain, and our market share on the hair oil market saw a 115bps increase. Honitus also marked a 114 basis point market share gain, while our brands carved a 53 basis point increase in the Juices & Nectars category.

Dabur has been investing in growing the rural footprint, which has helped rural demand for our brands grow ahead of urban. Alongside, we have expanded our product basket in the rural market with the launch of newer affordable and rural-specific packs across categories to feed these markets and push demand growth. The Company has also invested in consumer activations in the hinterland to better reach out to consumers, giving them an opportunity to touch, feel and experience our products.

Our rural coverage during the year expanded by 22,000 villages to 122,000 villages. Dabur's rural distribution has, in fact, been the highest in the industry, giving us a distinct advantage and helping us drive rural growth. These ahead of curve investments have
resulted in our rural business growing 400 bps ahead of urban."

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