Dabur India Limited has informed the Exchange regarding Update on the performance and demand trends witnessed during the quarter ended March 31, 2026 (Q4 FY26)
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Dabur India shared a pre-results business update for Q4 FY26 (quarter ended March 31, 2026). The domestic India business showed steady momentum, with the India FMCG segment likely to clock high-single digit growth and the Home & Personal Care vertical sustaining mid-teens growth, led by hair oils, shampoo, and home care (all expected in the twenties). Healthcare is expected at low-single digit growth (Dabur Honey, Honitus, Hajmola in robust double-digits, though Glucose was hit by unseasonal rains), and F&B also at low-single digit growth with Real Activ Juices and Coconut Water clocking 20%+ growth. International business was dragged by Middle East geopolitical tensions, but Turkey, Bangladesh, and the UK grew in double digits. Overall, Dabur expects consolidated revenue growth in mid-single digits with operating profit growing ahead of revenue.
Mixed picture for shareholders: strong domestic demand recovery and margin expansion (profit growth ahead of sales) are positives, but Middle East geopolitical headwinds and weather-related disruptions in some categories temper the outlook. The stock reaction will likely hinge on whether the implied margin improvement meets or beats market expectations once detailed results are announced.