Dabur’s Strong Topline Performance Continues In Q3: Nirmal Bang 
Dabur India range of products. (Source: Company website)

Dabur’s Strong Topline Performance Continues In Q3: Nirmal Bang 

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Nirmal Bang Report

Dabur India Ltd.’s Q3 FY21 consolidated revenue grew by 16% YoY to Rs 27.3 billion (versus our estimate 9.7% growth to Rs 25.8 billion).

Domestic fast moving consumer goods business grew by 19.5% YoY, led by volume growth of 18.1% YoY (versus estimate 13% volume growth).

International business grew by 13% YoY (constant currency growth of 14.1%; contributing 25.3% to overall sales versus 26.1% in the base quarter).

Within the domestic FMCG business, healthcare (44% of domestic sales in Q3 FY21) grew by 28.1% YoY, home and personal care (45.1% contribution) grew by 15.9% YoY while foods (10.9% contribution) grew by 4.7% YoY (excluding enterprise, foods saw growth of ~16% YoY).

Click on the attachment to read the full report:

Nirmal Bang Dabur India Q3FY21 Result Update - 30 January 2021.pdf


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