Dabur Share Price Climbs 4% After Robust Q1 Performance

Tanushree Jaiswal Tanushree Jaiswal

Last Updated: 8th July 2024 - 01:48 pm

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On July 8, Dabur shares surged over 4% after the company released a positive business update for the April-June quarter, anticipating mid to high single-digit growth in consolidated revenue for Q1FY25.

At 10:05 am IST, Dabur India share price were trading at ₹628.45 each on the NSE. The company expects its India business to record mid-single digit volume growth, with demand showing sequential improvement. Growth is expected to accelerate in the coming months, especially in rural markets, driven by a normal monsoon and government economic initiatives.

The home & personal care (HPC) and healthcare segments are projected to grow in high-single digits, while the beverage segment faces challenges due to Q1 heatwaves. The food category, including Badshah Masala, demonstrated strong momentum, expected to achieve high-teen growth. 

Gross margins are likely to improve due to price increases and cost-saving measures. Advertising and promotion expenditures grew ahead of revenue, with operating profit expected to increase slightly more than revenue. Additionally, Dabur reiterated its commitment to expanding distribution, investing in key brands, and increasing market share across its portfolio.

Dabur India Ltd (Dabur), a subsidiary of Burman Family Holdings, develops, markets and sells ayurvedic and natural healthcare products. The company’s product portfolio includes health supplements, digestives, cough and cold syrups and drops, energizers, and baby care products.

It also offers hair oils, shampoos, moisturizing creams and lotions, toothpaste and toothpowders, room fresheners, fruit juices, beverages and other ethical products. Dabur markets its products under Vatika, Hajmola, Dabur Amla, Odonil and Odomos brand names.

The company’s product range of merchandise is sold through organized retail chains, e-commerce platforms and specialized channels such as beauty retail and salons, chemists and ayurvedic pharmacies. It has operational presence in India, the Middle East, Africa, South Asia, the US and Europe. Dabur is headquartered in Ghaziabad, Uttar Pradesh, India.
 

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