Sells branded fast-moving consumer goods in two main lines: a consumer care business covering hair oils, shampoos, oral care, and home care products (Odonil air fresheners, Sanifresh cleaners, honey), and a food business spanning Badshah masala, Real Activ juices, coconut water and other packaged foods. Consumer care is the dominant earner, contributing 82.3% of FY26 segment revenue at a 22.8% EBIT margin, while food contributes 15.3% at an 11.9% EBIT margin; a small retail segment (0.8% of revenue) is currently loss-making. The company earns across India and an international footprint spanning Bangladesh, the Middle East, Egypt, Turkey, Sub-Saharan Africa, the UK and the EU, with the international business growing 15.5% in INR in Q1 FY27 led by Bangladesh (+34.3%) and Egypt (+28.4%). Distribution runs through 8.5 million retail stores in India, with quick commerce now accounting for 75% of its e-commerce channel. Revenue is grown through roughly equal parts volume and pricing — Q1 FY27 India FMCG grew 9.5% on 5% volume, and HPC delivered 12.3% growth driven by hair oils, which gained 102 basis points of market share. The largest cost is raw materials at 42.5% of revenue, with crude-linked inputs flagged as the most exposed during inflationary periods. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Consumer care business (82%), Food business (15%), Other segments (1%), Retail business (1%), Unallocated other operating revenue (0%). Brand-led FMCG with high distribution intensity and rising international footprint.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 10,889 | 11,530 | 12,404 | 12,563 | 13,193 |
| EBITDA (ex other income) | 2,169 | 2,164 | 2,400 | 2,316 | 2,437 |
| margin % | 19.9 | 18.8 | 19.4 | 18.4 | 18.5 |
| Owners' profit | 1,739 | 1,707 | 1,843 | 1,768 | 1,895 |
| EPS, as reported (₹) | 9.84 | 9.64 | 10.40 | 9.97 | 10.69 |
| ROE % · ROCE % | 20.7 · 25.8 | 18.0 · 22.9 | 17.6 · 22.2 | 15.5 · 20.3 | 15.8 · 21.0 |
| Debt / equity (x) | 0.12 | 0.11 | 0.11 | 0.07 | 0.09 |
| Cash from operations | 1,802 | 1,488 | 2,013 | 1,987 | 2,579 |
| Capex | (5) | (509) | (564) | (570) | (420) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,029 | 3,355 | 2,830 | 3,405 | 3,191 | 3,559 | 3,038 | 3,764 |
| Profit before tax | 546 | 657 | 412 | 663 | 573 | 711 | 475 | 756 |
| Net profit | 418 | 516 | 313 | 508 | 445 | 554 | 362 | 586 |
| EPS (₹) | 2.40 | 2.95 | 1.81 | 2.90 | 2.55 | 3.16 | 2.08 | 3.33 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Consumer care business | 5,508 | 41.8 |
| Food business | 929 | 7.0 |
| Retail business | 55 | 0.4 |
| Other segments | 84 | 0.6 |
| Unallocated other operating revenue | 20 | 0.2 |
| CONSUMER CARE BUSINESS | 2,651 | 20.1 |
| FOOD BUSINESS | 466 | 3.5 |
| RETAIL BUSINESS | 25 | 0.2 |
| OTHER SEGMENTS | 40 | 0.3 |
| UNALLOCATED OTHER OPERATING REVENUE | 10 | 0.1 |
| Consumer Care Business |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Dabur updates contact details of Key Managerial Personnel | compliance | minimal | — | — |
| 10 Sept 2026 · Dabur to transfer shares of non-claiming shareholders to IEPF | compliance | minimal | — | — |
| 3 Sept 2026 · Dabur informs exchanges about newspaper notice for lost share certificates | compliance | minimal | — | — |
| 3 Sept 2026 · Dabur India receives ESG rating of 73, categorized as Leader | business updates | low | — | — |
| 27 Aug 2026 · Dabur Nepal operations unaffected by floods; impact negligible | capex operations | medium | — | — |
| 25 Aug 2026 · Dabur: Delhi HC continues stay on FSSAI order, next hearing Dec 16 | regulatory legal | high | — | — |
| 24 Aug 2026 · NCLT reserves order on Dabur and Sesa Care amalgamation scheme | strategic transactions | high | — | — |
| 12 Aug 2026 · Newspaper notice on special window for physical share dematerialisation | compliance | minimal | — | — |
| 12 Aug 2026 · Dabur allots 4,638 shares under ESOS 2000 | capital market events | low | — | — |
| 12 Aug 2026 · Dabur gets 'Strong' ESG rating of 63 from independent agency | business updates | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 2,705 |
| 20.5 |
| Food Business | 621 | 4.7 |
| Retail Business | 26 | 0.2 |
| Other Segments | 44 | 0.3 |
| Unallocated Other Operating Revenue | 9 | 0.1 |
| Total, before eliminations | 13,193 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| GODREJ CONSUMER PRODUCTS | 88,507 | 46.2 | 6.99 | 28.7 | 14.7 | 19.0 | 6.6 | 19.8 |
| DABUR INDIA LTD ◆ | 66,702 | 33.8 | 5.65 | 22.3 | 15.8 | 19.8 | 6.6 | 24.3 |
| COLGATE PALMOLIVE LTD. | 48,889 | 36.3 | 30.86 | — | 83.7 | 107.1 | — | 31.3 |
| CUPID LIMITED | 37,644 | 102.9 | 83.50 | 249.5 | 24.0 | 30.3 | — | 40.3 |
| P&G HYGIENE & HEALTH CARE | 24,410 | 30.9 | 32.40 | — | 113.7 | 134.4 | — | 20.1 |
| GILLETTE INDIA LTD | 23,807 | 35.6 | 25.15 | — | 69.1 | 83.4 | — | 29.8 |
| EMAMI LIMITED | 15,893 | 21.2 | 5.44 | 15.3 | 26.5 | 28.4 | 5.6 | 23.5 |
| HONASA CONSUMER LIMITED | 15,331 | 52.9 | 10.86 | 48.3 | 14.2 | 16.9 | — | 17.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 33.8 | 36.3 | 6 of 15 | 64% |
| P/B | 5.7 | 8.7 | 5 of 13 | 67% |
| ROCE | 19.8 | 19.4 | 8 of 16 | 53% |
| ROE | 15.8 | 15.8 | 7 of 13 | 50% |
| Debt / Equity | 0.1 | 0.0 | 10 of 13 | 25% |
| EBITDA margin | 24.3 | 23.5 | 6 of 13 | 58% |
| Revenue growth | 10.6 | 13.4 | 10 of 14 | 31% |
| Profit growth | 15.3 | 9.4 | 5 of 13 | 67% |
| Market cap | 66702 | 11078 | 2 of 16 | 93% |
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
