Dabur Shares Q3 results: Dabur Share Price NSE
Dabur Ltd made a profit of Rs 514.22 crore in the third quarter of the financial year 2023-24, which is 8% higher than last year’s Rs 475.94 crore. Their revenue from operations increased by 7% to Rs 3,255.06 crore compared to Rs 3,043.17 crore in the same quarter last year. This growth was mainly because of good performance in both their Home & Personal Care and Food & Beverages businesses. The company’s EBITDA (a measure of profitability) rose by 9.4% to Rs 667.6 crore compared to the previous year.
Highlights
Dabur credits its success to its focus on consumer-friendly products, effective marketing, and strong sales strategies. Even though the start of winter was delayed, impacting sales of healthcare and winter products, Dabur’s business in India still grew by 6% in terms of sales volume.
Internationally, Dabur’s business also did well, with a growth of 11.7% when currency fluctuations are considered. Specifically, their business in Nigeria grew by 52%, in Turkey by 44%, and in Egypt by 43%.
In the last quarter, Dabur earned Rs 667.6 crore before considering interest, taxes, depreciation, and amortization. This amount increased by 9.4 percent compared to before. The portion of earnings left after these expenses, called the EBIDTA margin, was 20.5 percent. This margin grew by 5 basis points compared to the same time last year. One basis point is equal to one-hundredth of a percentage point.
Dabur Ltd to establish new factory in southern India.
On Wednesday, Dabur India announced that they will build a new factory in southern India and spend Rs 135 crore on it. This factory will make various Dabur products like Dabur Honey, Dabur Red Paste, and Odonil air fresheners. The company’s board agreed to invest Rs 135 crore in this new facility during a meeting on Wednesday.
Dabur’s Q3 performance across segments
Dabur’s Digestives segment grew by more than 15 percent in the quarter, while the Ayurvedic Ethicals business increased by almost 7 percent in Q3.
The Shampoo and Post-Wash category grew by more than 11 percent, and the Toothpaste business saw a surge of over 8 percent, supported by a 5 percent increase in Toothpaste Volume. The Home Care business and the Beverages business each grew by 7 percent in the quarter. The Foods business, including Badshah, recorded a remarkable 22 percent growth.
Dabur gained market share across its portfolio, with a significant 140 basis points improvement in Hair Oils market share. Additionally, Dabur saw gains of 184 basis points in Air Freshener market share and 151 basis points in Chyawanprash market share.
About Dabur Ltd
Dabur India Ltd. is a big company in India that sells many everyday products. They make a lot of money, over Rs. 11,530 Crores, and are worth a lot, over Rs. 96,500 Crore. Dabur has been around for a long time, more than 139 years, and is very trusted in India. They are the biggest company in the world that sells Ayurvedic and natural health products.
Dabur has more than 250 herbal and Ayurvedic products. They have some popular brands like Dabur Chyawanprash, Dabur Honey, and Dabur Amla. Their products are in different categories like healthcare, personal care, and food & beverages. Vatika is one of their popular brands sold internationally.
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