Page 5 - Dabur

Dabur estimates first quarter sales rose over 10% as inflation eases

Demand trends in both urban and rural India improved during the quarter, Dabur said

Dabur to increase ad, promo spends amid softening commodity prices

Dabur India anticipates expansion in its gross margins in the current fiscal amid softening commodity prices, which would help the homegrown FMCG major to increase advertising and promotion spending and gradually improve its operating margins. Besides, Dabur India now has a portfolio of 23 brands, with sales worth higher than Rs 100 crore each. The company has added five new brands in the list in the last one year, Dabur said in its latest annual report. Its juice brand Real has "remarkable growth" in FY23 with revenues surpassing Rs 1,600 crore and it is on track to cross Rs 2,000 crore-milestone in the next few years, it added. "In all, we now have 17 brands that are above Rs 100 crore but lesser than Rs 500 crore in size; 2 brands that are over Rs 500 crore but less than Rs 1,000 crore in size, and another 4 brands that have a turnover of more than Rs 1,000 crore," said its Chairman Mohit Burman addressing the shareholders. Currently, four brands -- Dabur Amla, Dabur Vatika, Dab

Eveready will focus on growth but in a profitable manner: Mohit Burman

In a Q&A, the non-executive director who spearheaded the firm's change of hands from the Khaitan family to the Burmans, says he plans to sustain the current level of growth, if not exceed it

Delhi HC restrains Dabur from airing WhatsApp ad on Amla Hair Oil

The Delhi High Court has issued a restraining order against Dabur, an Indian multinational consumer goods company, prohibiting the circulation of its WhatsApp advertisement

FMCG companies announce sustainable milestones, targets on Environment Day

Leading consumer goods companies -- including ITC, Dabur, Coca-Cola, and DS Group -- on Monday announced new sustainable milestones and targets on World Environment Day. The companies are setting targets like being carbon neutral, scaling up investments in sustainable packaging, reducing the usage of plastic in packaging and harnessing green energy. Homegrown FMCG and ayurvedic products maker Dabur India announced to be a plastic waste positive by collecting, processing and recycling more plastic waste than it sold in its product packaging in FY23. ITC scaled up its sustainable packaging offerings for plastic substitution and announced several measures to reduce the utilisation of plastic across products and businesses -- ranging from its packaging and food to the hotel business. Beverage major Coca-Cola India on Monday announced to launch of new bottles made from completely recycled PET plastic material (rPET) in Andhra Pradesh. "This is the first time in India that any bottle ma

Dabur reports 0.5% fall in net profit, declares dividend of Rs 2.7 apiece

During the quarter, the revenue from operations, however, rose 6.3 per cent to Rs Rs 2,677.33 crore

FMCG brand Dabur to make additional investment of Rs 9.68 bn in Nepal

After signing the MoU, Bedi expressed his happiness for investing a part of the company's accumulated capital in Nepal for capacity enhancement and diversification of products

Demand trajectory slightly improved sequentially in March quarter: Dabur

Demand trajectory across urban and rural markets in India has shown a "slight improvement" sequentially in the March quarter, although it falls short of a full recover, FMCG major Dabur said. Despite near-term consumption pressure, some "green shoots" are emerging such as moderating inflation, improving consumer confidence and increase in government spending. "While urban markets have returned to positive volume growth, rural markets still remain muted," said Dabur in its latest quarter updates. The company expects a "mid-single digit revenue growth" for the January-March quarter in such a scenario. Its F&B business continues to trend at robust levels and will report strong double-digit growth, while healthcare portfolio is expected to be in a positive growth trajectory, it added. Home & Personal Care (HPC) will report low single-digit revenue growth on account of a slowdown in the personal care categories. "Our brands continued to record gain in market shares in most of the ..

For summertime business, food products firms flock to rural India

Dabur said that a long summer would be good for products, particularly its beverages and glucose portfolio

Dabur weighs acquisitions to expand across India, SE Asia amid competition

The expansion comes as Dabur faces intensifying competition from deep-pocketed rivals - including global consumer titan Unilever Plc - which are swooping in on upstart Indian brands

Dabur net falls 5.4% to Rs 476 cr in Q3, revenue crosses Rs 3,000 cr mark

Customers shifting to more affordable, smaller packs slows down FMCG firm's rural growth

Dabur India Q3 profit drops on dull rural demand; income dips to Rs 476 cr

In fact, the drop off in rural spending slowed the entire FMCG sector's growth in the last three months of 2022, compared with the previous quarter, market intelligence firm NielsenIQ said on Thursday

Dabur India expects low to mid single-digit revenue growth in Q3

Dabur India expects a "low to mid single- digit revenue growth" for the quarter ended December 2022 on account of the challenging macroeconomic environment and muted category growth during the period. However, the homegrown FMCG major said inflation started to cool off during the quarter and as a result, gross margins would be marginally better sequentially on a consolidated basis. "Overall, the consolidated revenue is expected to report low to mid single-digit growth," Dabur said in an update for Q3 FY23. During the December quarter, the demand trends for the FMCG industry remained "weak" with rural markets continuing to remain under pressure and this was further accentuated by the late onset of winter in North India, it said. However, early signs of moderate recovery were visible towards the latter part of the quarter coupled with some abatement in inflation. "The improving macroeconomic environment, positive steps being taken by the government and the expected stimulus of the .

Dabur India promoters sell 1% stake through block deal to finance ventures

" The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family," the exchange filing said

Wipro Consumer enters food category; acquires Nirapara for undisclosed sum

The acquisition will give Wipro Consumer Care and Lighting an entry into the Rs 70,000-crore spices market, which recently witnessed the entry of companies such as Dabur India

Tata Consumer, Hindustan Unilever in talks to buy tea major Girnar

Deal valuation pegged between Rs 1,000-1,500 crore

Dabur India enters women's personal hygiene with sanitary napkin launch

Product will only be sold online, comes in two variants

PEs add spice firms to shelf, invest Rs 5,000 cr to expand biz, enter mkt

Market is expected to touch Rs 50K-crore mark by 2025

Dabur India to acquire majority stake in Badshah Masala for Rs 587 crore

Acquisition in line with its strategic intent to expand its food biz to Rs 500 crore in 3 years

Dabur India to acquire 51% stake in Badshah Masala in Rs 587.52-cr deal

Home-grown FMCG firm Dabur India on Wednesday said it will acquire 51 per cent stake in Badshah Masala in a Rs 587.52-crore deal, marking its entry in the fast-growing spices and seasoning category. The company has signed definitive transaction agreements to acquire 51 per cent shareholding of Badshah Masala Pvt Ltd, a firm engaged in manufacturing, marketing and export of ground spices, blended spices and seasonings, said a joint statement. "The acquisition is in line with the company's strategic intent of entering into new adjacent categories in the food space," Dabur India said in a regulatory filing. Over the acquisition cost, Dabur India said "51 per cent equity shareholding has been agreed at Rs 587.52 crore less proportionate debt as on the closing date", with the Badshah enterprise being valued at Rs 1,152 crore. While the balance 49 per cent of the equity share, Dabur said is "to be acquired after a period of 5 years." With this acquisition, Dabur India aspires to "expand