Page 6 - Dabur

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

Appoint grievance officer in 7 days: Delhi HC to domain name registrars

The companies have expressed that there is an absence of an effective mechanism to stop websites or parties from using the domain name and trademark of well known brands

Amit Burman resigns as Dabur chairman, Mohit Burman takes charge

Mohit Burman has been appointed as the non-executive chairman of the board of the company from August 11 for a period of five years

India at 75: Chelpark and 14 other brands that will take you back in time

Some taglines have made us laugh. Some jingles have made us sing along. Some mascots have endeared themselves to us for a lifetime. Let's look at 15 such brands

Rural recovery, robust volume growth help Dabur post incremental gains

Its ability to maintain margins will depend on the raw material cost basket

Dabur Q1 profit marginally rises to Rs 441 cr amid inflationary headwinds

The FMCG major's revenue from operations rose 8% to Rs 2,822 cr

Dabur India adds Meswak, Real Drinks brands in Rs 100 crore club

In FY22, the company's turnover crossed Rs 10,000 crore mark for the first time

Dabur says business resilient as 'unprecedented inflation' hits FMCG

Dabur's food and beverages vertical saw strong double-digit growth in the quarter on the back of improving out-of-home consumption, innovation, and intense summer season

Hit hard by inflation, India's FMCG industry reports volume decline in Q1

Demand in the FMCG industry remained soft in the June quarter, with major players Dabur, Marico and Godrej Consumer Products Ltd (GCPL) stating that consumers have titrated consumption

From Jio to TVS, generational change sweeps through India Inc's boardrooms

From rotating chairmanship to handing over firm to professionals, top family businesses have tried different formulae to ensure smooth transition

A straw in the wind from packaging company UFlex set to benefit FMCGs

It is gearing up to make the six billion paper straws per annum needed by FMCG companies

Plastic straws cause FMCG firms indigestion as deadline for ban nears

Juice and beverage giants struggle to meet the impending ban on single-use plastics

With melas and pilgrimages back, brands roll out new experiences

Rather than simply putting up hoardings and banners or setting up stalls, companies are going for innovative ways to strike a chord with their target audience in small towns and villages

Dabur hits 52-week low; slips 10% in one week on disappointing Q4 results

The company's revenue growth was impacted by the slowdown in rural demand. While the rural overhang will continue in H1FY23, with good monsoon predictions, rural demand can improve in H2FY23.

Dabur Q4: Net profit decline 22% to Rs 294 cr, net sales up by 7.7%

Homegrown FMCG major Dabur India Ltd on Thursday reported a 21.98 per cent decline in consolidated net profit at Rs 294.34 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 377.29 crore in the January-March period a year ago, Dabur India said in a BSE filing. Its revenue from operations rose 7.74 per cent to Rs 2,517.81 crore during the quarter under review, as against Rs 2,336.79 crore in the year-ago period. Total expenses stood at Rs 2,141.04 crore, up 8.7 per cent from Rs 1,969.54 crore in Q4 FY21. Shares of Dabur India Ltd were trading at Rs 529 on BSE, down 1.59 per cent.

Stocks to Watch: Tata Consumer, Havells, CEAT, Dabur, Marico, SBI, Voltas

Stocks to Watch: Adani Power, Adani Transmission, CEAT, Dabur India, Marico, Exide Industries, Happiest Minds Technologies, and Indus Towers will be in focus ahead of theur Q4 results.

FMCG companies' stand against paper straws fizzles out

The association told the Environment Ministry that companies need 18 months from the ministry's deadline of July 1 to make the transition

BSE FMCG index nears 52-week low; Dabur, Godrej Consumer slips up to 9%

HUL hit a fresh 52-week low of Rs 1,942, down 4% in intra-day trade today. The stock has tanked 15% in the past two weeks.