Dabur India Ltd, India’s leading Science-based Ayurveda major. The company has recorded a growth of a 12% in Consolidated Revenue for the Quarter of 2021.
Dabur’s domestic FMCG business recorded a growth of 10% in the quarter that ended in September 2021. The company recorded the fifth successive quarter of double-digit volume growth.
Despite the inflating market and uneasy customer sentiment, Dabur recorded its quarter growth in double-digit. The company acquired revenue of Rs 2,818 crore in the Q2 of 2021-22 up from Rs 2,516 crore a year earlier.
Dabur recorded growth in all verticals of its business, from Ayurvedic medicines to Hair Care, Home Care, Oral Care, and Food & Beverages.
The company’s consolidated Net Profit was up by 4.7% at Rs 504 Crore as compared to Rs 482 Crore last year. 9% growth in operating margin during the quarter.
The stock is currently trading at Rs607.45 up by Rs9.15 or 1.53% from its previous closing of Rs598.30 on the BSE.
Dabur performed well in the international market also. The company recorded a constant currency growth of 13.8% during the second quarter.
Dabur recorded growth of 25% in Sub-Saharan Africa,17.8% in Egypt, 17.6% in SAARC countries. While Namaste and MENA receive growth of 16.7% and 12.8% respectively.
The company’s Food & Beverage business reported an impressive growth of 43% during the Second Quarter of 2021-22. Dabur’s digestives business recorded a growth of 22.7% and the ayurvedic medicine business recorded a growth of 12.6%.
Dabur’s Hair Care category recorded a growth of 26.5% at the end of the quarter. The company’s hair oils and shampoos are a game-changer. The Home Care business also reported a 25.3% rise.
The Toothpaste business performed up to the expectation and its flagship Dabur Red Paste recorded a growth of 20%.
The Toothpaste category recorded a growth of 15.2% at the end o the quarter. Around 95% of the company’s portfolio recorded considerable gains.
The Board of Directors of Dabur India Ltd announced an interim dividend of 250% for 2021-22. As per the company’s policy, the Board has announced an interim dividend of Rs 2.50 per share accumulating to a total payout of Rs 441.98 Crore.
Dabur is continuously investing to expand its rural outreach and its digital capabilities. These investments are fruitful as the company’s rural demand has increased exponentially.
Dabur aims to invest ahead of the curve in order to expand its rural outreach. The company is now aiming to reach more than eighty-three thousand villages.
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