In-line performance

Company
11 Mar 2024
5 Min read 
  • Dabur's 3QFY24 performance was largely in line with expectations.
  •  Consolidated revenue increased 7% YoY, with growth in both the India and International segments.
  •  HPC business showed growth in categories such as Oral care, Hair Oil, Home Care, and Shampoo.
  •  The Healthcare division had weak growth due to the delayed winter season.
  •  Dabur has consistently seen higher rural growth compared to urban regions.
  •  The company's operating margin has the potential for improvement in the medium term.
  •  Dabur's TP is set at INR 635, with a BUY rating on the stock.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority