Dabur India Ltd
Dabur India Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹3,191Cr
- +5.3% YoY
- Net profit
- ₹445Cr
- +6.5% YoY
- Margin
- 18%
- 0 pp YoY
Guidance rank: #6 of 8 in Personal Products
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The short version
Dabur expects mid- to high-single-digit growth in the second half of the year, backed by low to mid-single-digit volume growth. Operating profit and PAT grew by 6.4% and 6.5% respectively in the recent quarter despite GST transition and inflation.
From Dabur India Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Dabur expects mid- to high-single-digit growth in the second half of the year, backed by low to mid-single-digit volume growth.
- A strong winter season, good monsoon, and GST rate reductions are anticipated to support sequential recovery in demand.
- Rural growth is robust at around 7%, driven by initiatives like LUP bundles and expansion in rural distribution.
- Urban growth is around 3%, with a focus on premiumization targeting Gen Z and premium segments.
- Two key growth pivots: premiumization (modernizing brands for urban, Gen Z consumers) and rural volume growth (bottom of pyramid).
- Premium products are expected to drive profit growth, while rural volume growth supports overall business expansion.
2 more points from Dabur India Ltd's call on revenue
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Profitability & Margins
See what Dabur India Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Dabur Ventures has been launched with a capital allocation of INR 500 crore over the next few years.
- The focus of Dabur Ventures is on making strategic investments into high-potential new age digital-first businesses closely aligned with Dabur's strategic vision.
- Investment strategy involves acquiring minority or majority stakes in digital-first premium categories resonating with Gen Z and Gen Alpha consumers.
- These investments will be restricted to Dabur's existing categories and adjacencies: home and personal care, health care, wellness foods and beverages.
2 more points from Dabur India Ltd's call on capex
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Top-ranked in Personal Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
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Dabur India Ltd — Quarterly revenue & net profit
Dabur India Ltd Q2 FY26 results — key figures
| ₹ Cr | Q2 FY26 | Q2 FY25 | YoY | Q1 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 3,191 | 3,029 | +5.3% | 3,405 | -6.3% |
| Operating profit (EBITDA) | 588 | 553 | +6.3% | 667 | -11.8% |
| Operating margin | 18% | 18% | 0 pp | 20% | -2 pp |
| Profit before tax | 573 | 546 | +4.9% | 663 | -13.6% |
| Net profit (PAT) | 445 | 418 | +6.5% | 508 | -12.4% |
| EPS (₹) | 2.55 | 2.40 | +6.2% | 2.90 | -12.1% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹3.6K Cr, net profit ₹499 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Dabur India's management said in earlier quarters
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Potential multibaggers · Q2 FY27
Potential multibaggers in Personal Products
on management's own guidance
- Strong growth2
- Strong growth1
- Honasa ConsumerGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Dabur India Ltd Q2 FY26 results?
Dabur expects mid- to high-single-digit growth in the second half of the year, backed by low to mid-single-digit volume growth. Operating profit and PAT grew by 6.4% and 6.5% respectively in the recent quarter despite GST transition and inflation.
What is Dabur India Ltd share price analysis?
Dabur India Ltd currently shows a neutral. The stock trades at a P/E of 37.0 with a market cap of ₹73,442 Cr. Investors should review the full earnings analysis for detailed insights.
Is Dabur India Ltd planning capital expenditure?
Dabur Ventures has been launched with a capital allocation of INR 500 crore over the next few years.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.