Dabur India Ltd. News and Updates

Name: Latest research reports of Dabur India Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Dabur India Ltd.
Rating: 5
Author: HDFC Securities

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Dabur India Ltd.

05 Nov 2019

535.00

-0.03%

Dabur India (2QFY20): Overhaul visible. Maintain BUY

Buy: Dabur India Ltd.

Target

HDFC Securities

Dabur has delivered in a tough environment as its initiatives are beginning to pay dividends. Mohit is focusing on (a) Scaling power brands (8 brands with 65% revenue mix) which have a large addressable opportunity and (b) Deeper rural penetration led by higher direct reach (targeting 55k villages in FY20). While beverage market share is at all time-high, recovery in growth is critical for Dabur to outperform. Our conviction in recovery in volume growth is led by pick-up in transfers of PM-kisan scheme, normal monsoons and favorable base. Dabur reported an in-line show amidst weak consumer demand in rural. Ex-foods, domestic volume growth of 7.4% is commendable. Mohits (new CEO) strategies and execution is visible in 1HFY20 performance wherein Dabur has outperformed the market (vs. riding with the tide). We raise estimates by 2-3% and value Dabur at 40x on Sep-21E EPS, arriving at a TP of Rs 511. Maintain BUY.

Dabur India Ltd. is trading above all available SMAs

Dabur India Ltd.

05 Nov 2019

535.00

-0.03%

Consumption slowdown hits Dabur India profitability, PBT down 2.5% in Q2

Business Standard

The firm's PBT declined from Rs 473.7 crore last year to Rs 461.8 crore.

Dabur India Ltd. is trading above all available SMAs

Dabur churns out a decent Q2, but soggy consumer sentiment may be an overhang

livemint | 05 Nov 2019 4 more

Dabur India Ltd.

05 Nov 2019

535.00

-0.03%

Earnings in line; Growth prospects muted

Neutral: Dabur India Ltd.

Target

Motilal Oswal

2QFY20 consolidated sales grew 4.1% YoY to INR22.1b (v/s est. INR22.4b). EBITDA grew 8.6% YoY to INR4.9b (v/s est. INR4.8b). PBT grew 6% YoY to INR5b (v/s est. INR5b). Adj. PAT increased 15.5% YoY to INR4.4b (v/s est. INR3.9b)....

Number of FII/FPI investors decreased from 764 to 755 in Jun 2025 qtr

Dabur India Ltd.

05 Nov 2019

535.00

-0.03%

Q2FY20 Result Update

Hold: Dabur India Ltd.

Target

Prabhudas Lilladhar

Dabur is taking initiatives on new product launches and distribution believe that quality of growth has not been good as large categories like Oral care and hair care are under pressure. In addition, Juices as a category is facing structural growth issues. Visibility in IBD remains hazy given growth...

Number of FII/FPI investors decreased from 764 to 755 in Jun 2025 qtr

Dabur India Ltd.

18 Oct 2019, 12:00AM

535.00

-0.03%

Dabur India

Buy: Dabur India Ltd.

Target

ICICI Securities Limited

High concentration to rural to drive future growth Dabur derives 40-45% of revenue from rural sales vs 35% for the industry, which has led the company to grow at 20% sales CAGR over FY09-14 period. However, rural slowdown due to GST and demonetisation over last 4 years has resulted in a tepid topline growth of ~4% in the last 5 years. Though high base in FY19 and recent rural slackness may impact company's performance in FY20, we remain positive on long term growth prospects for Dabur. We believe that government would increase its measures to improve...

Number of FII/FPI investors decreased from 764 to 755 in Jun 2025 qtr

Dabur India Ltd.

09 Oct 2019

535.00

-0.03%

Jewellery startup Melorra raises $12 million led by Lightbox Ventures

livemint

Melorra raised $2 million in debt from BlackSoil Capital, which provides debt to startups and other firms.Other investors include the Dabur-owned Burman family office and the Jeejeebhoy family office

Axis Direct upgraded Dabur India Ltd. to Buy with a price target of 630.0 on 05 Sep, 2025.

Dabur India Ltd.

30 Sep 2019

535.00

-0.03%

Dabur demand slowing down in all categories: CEO

Economic Times

Corporate tax cut not to effect Dabur as the company is already paying a minimal rate

Dabur India Ltd. is trading above all available SMAs

Dabur India Ltd.

26 Sep 2019

535.00

-0.03%

Multiple formats pave the pitch for Dabur's 30-year-old product Odomos

Business Standard

Dabur experiments with the packaging and the brand narrative of its Odomos; but can it do so without diluting the promise?

Number of FII/FPI investors decreased from 764 to 755 in Jun 2025 qtr

Dabur India Ltd.

12 Sep 2019

535.00

-0.03%

Dabur India's new strategy is likely to bring confidence for its investors

livemint

FY20 has started well for the company, what with a robust volume growth of 9.6% in the June quarter.Analysts say the company aspires to make its brands more relevant for millennials

Dabur India Ltd. is trading above all available SMAs

Dabur India Ltd.

11 Sep 2019

535.00

-0.03%

Dabur India (Update): More than just a rural play'. Maintain BUY

Buy: Dabur India Ltd.

Target

HDFC Securities

Co level initiatives are on track. We will be keen to see how Mohit will drive Dabur's large but under indexed portfolio. Revitalizing the strategy should fill the gaps in product/distribution/ communication. There are few low hanging fruits which Mohit will try to assess initially, resulting in a quick turnaround in performance. Rural tilt in sales mix means progress of monsoon (normal) and government initiatives are key (wage growth is muted). Our change in rating is based on medium term performance. We attended the analyst meet of Dabur India. We observed that Daburs strategy has turned aggressive (outperform market) vs. defensive (riding with the tide). Dabur headed by Mohit Malhotra (new CEO, joined Aug'18) is shaping up well. Mohit is taking the right steps which were required years ago. Dabur has always been admired due to its wide product range and strong rural play (45% rev mix). However, the co was performing below its potential. Extensive product range was limiting managements focus (defensive approach due to focus on many brands). Rural play (acceleration) has been more of a hope than a reality due to competition from regional players and entry of large players in upcountry markets. With the change in approach, we are confident that Dabur can outperform over the next 3-5 years. Current slowdown might impact near term performance but we expect a mean reversion for many brands over the next few years. We see a re-rating potential in Dabur. We are upgrading the target multiple to 40x (38x earlier) on Sep-21 EPS. Our TP...

Dabur India Ltd. is trading above all available SMAs

Is Dabur India Ltd. worth buying?

670 Votes:

Buy 76.72%

Sell 12.09%

Hold 11.19%

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