Dabur India Q1 FY27 Share Price & Earnings Call Analysis

₹365.60-1.19% today
Market cap
₹64,856 Cr
P/E
32.70
ROE
17.00%
PEG
8.89
Price to sales
4.78
Debt to equity
0.11
52W high / low
₹525 / ₹358
Sales growth (5Y)
6.65%
EBITDA margin
18.62%
Net profit margin
14.11%
Promoter holding
66.25%
Sales (last year)
₹13,552 Cr

Dabur is India’s leading FMCG, Ayurvedic and natural health care company with wide network distribution across world. [1]

Guidance scorecard · Q1 FY27 call

What Dabur India Ltd's management guided
and where it ranks in Personal Products

#5of 7 in
Personal Products

RevenueQ1 FY27 call

10–20%
  • Dabur India Limited projects double-digit consolidated revenue growth for FY27, driven by both India and international businesses.
  • India FMCG business expects around 9.5% revenue growth with approximately 5% volume growth.
  • Hair oil business targets double-digit value growth, supported by 8% volume growth.
  • Volume growth overall is expected to be under pressure due to inflation; revenue growth will be more driven by price increases.
  • The company remains confident about maintaining 14%-15% PAT (profit after tax) growth at consolidated level if double-digit top-line growth continues.
  • Rural demand remains resilient and growing ahead of urban, supporting future sales.
  • Innovation and premiumization strategies, including new launches like Vatika’s Bio-Infusions and D2C initiatives, support growth.

2 more points from Dabur India Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Dabur India Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Dabur India Limited has allocated approximately INR 400-500 crores for greenfield capex projects, including investments in Tamil Nadu, which will consume cash.
  • There is an earmarked INR 500 crores for strategic acquisitions, especially targeting mid to large scale companies or to gain a foothold in Direct-to-Consumer (D2C) businesses through Dabur Ventures.
  • The company aims to acquire 1 or 2 sizable companies within the next 3 years as part of its strategic acquisition plan.
  • Routine capex for expansion is ongoing to support business growth.

2 more points from Dabur India Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

None planned

See what Dabur India Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Dabur India Ltd said on the order book →

Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Personal Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Personal Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,041 Cr61.0
240%+Flat₹400 Cr35.6
3Honasa Consumer Ltd20–40%Up 0–2%₹14,745 Cr58.4
410–20%Flat₹87,493 Cr42.1
5Dabur India LtdThis stock10–20%Flat₹68,298 Cr34.4
610–20%Flat₹16,419 Cr21.7

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Dabur India Ltd announcements

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Financials of Dabur India Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Dabur India Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +2,6783,1303,2043,2552,8153,3493,0293,3552,8303,4053,1913,5593,038
Expenses +2,2682,5262,5432,5882,3482,6942,4762,6732,4032,7372,6032,8252,577
Operating Profit410605661667466655553682427667588734461
OPM %15%19%21%20%17%20%18%20%15%20%18%21%15%
Other Income +121110117127129129152129141144140126175
Interest32242836353347443935403140
Depreciation102979897107109111109117114115117122
Profit before tax396593651661453642546658412663573711474
Tax %26%23%22%23%25%23%24%22%24%23%22%22%24%
Net Profit +293457507506341494418516313508445554362
EPS in Rs1.702.622.912.901.972.822.402.951.812.902.553.162.08

Financials of Dabur India Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +7,7957,7807,6147,7228,5158,6859,56210,88911,53012,40412,56313,193
Expenses +6,4756,2616,1026,1046,7756,8927,5608,6379,36710,00410,24710,743
Operating Profit1,3201,5181,5121,6171,7401,7922,0022,2522,1622,4002,3162,450
OPM %17%20%20%21%20%21%21%21%19%19%18%19%
Other Income +154217296291222205325308445482551585
Interest404854536050313978124164145
Depreciation115133143162177220240253311399446469
Profit before tax1,3191,5541,6111,6931,7251,7282,0562,2692,2192,3592,2582,420
Tax %19%19%21%20%16%16%18%23%23%23%23%23%
Net Profit +1,0681,2541,2801,3581,4461,4481,6951,7421,7011,8111,7401,869
EPS in Rs6.077.117.257.698.178.189.589.849.6410.409.9710.68
Dividend Payout %33%32%31%81%34%37%50%53%54%53%80%77%

Financials of Dabur India Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital176176176176177177177177177177177177
Reserves3,1783,9954,6715,5305,4556,4297,4878,2058,7969,68910,62311,242
Borrowings +7348059759386995225091,0301,1741,3659501,287
Other Liabilities +2,0191,9561,9102,0582,1062,2092,6612,8723,5053,8854,4794,773
Total Liabilities6,1066,9327,7328,7028,4379,33710,83312,28413,65215,11616,23017,480
Fixed Assets +1,8771,6671,9582,0281,9692,2532,2432,3083,5793,8153,9903,939
CWIP5045424264147147168175232169137
Investments1,8132,6913,2403,8053,3592,8004,1606,2206,2656,9337,4688,947
Other Assets +2,3652,5292,4922,8273,0454,1374,2833,5893,6334,1364,6034,456
Total Assets6,1066,9327,7328,7028,4379,33710,83312,28413,65215,11616,23017,480

Financials of Dabur India Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +1,0471,1871,2271,0921,4991,6142,1151,8021,4882,0131,9872,579
Cash from Investing Activity +-876-730-807-541338-517-1,404-1,273-583-971-448-1,285
Cash from Financing Activity +-417-374-339-577-1,888-1,043-613-490-1,035-1,161-1,405-1,236
Net Cash Flow-2458281-27-51549738-130-11913358
Free Cash Flow7969987418911,2741,2131,8081,4331,0031,4531,4482,180
CFO/OP97%97%102%88%106%107%122%97%92%104%103%122%

Financials of Dabur India Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days333831333634212227262620
Inventory Days136150153169154164178169158149175124
Days Payable153182181190172176197178171186215158
Cash Conversion Cycle166313172231214-10-14-14
Working Capital Days-17-0-7-1-59-9-14-13-17-1385
ROCE %36%35%31%28%28%28%27%27%23%22%20%20%

Guidance history

How Dabur India Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlannedNone planned—
Q3 FY26 call →10–20%Up 0–2%———
Q2 FY26 call →0–10%FlatPlannedNone planned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

15out of 100

Momentum score · price trend

15 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−27.1%29%
Last 6 months−17.2%26%
Last 3 months−13.3%36%

The price is 45.2% below its all-time high of ₹667.55 (20 Sept 2024). Stocks more than 20% below their peak have their score halved, so 29 became 15.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Dabur India Ltd: 0.4 × 29 + 0.4 × 26 + 0.2 × 36 = 29, halved to 15 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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