Motilal Oswal: Dabur India’s Strong All-Round Performance Augurs Well For Future
Dabur Ltd. range of products (image: Company website)

Motilal Oswal: Dabur India’s Strong All-Round Performance Augurs Well For Future

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Dabur India Ltd. reported a significant beat on the topline and volumes (third highest growth in the past 50 quarters).

The Healthcare portfolio fared even better in Q2 FY21 (49.3% YoY growth) versus Q1 FY21 (27.7% growth).

Notably, the company surprised in the home and personal care and food and beverage segments—HPC reported 9.1% YoY growth in Q2 FY21 (14.1% decline in Q1 FY21), and decline in F&B was restricted to 3.8% YoY (34.2% decline in Q1 FY21 and weak numbers for several preceding quarters).

Click on the attachment to read the full report:

Motilal Oswal Dabur Q2FY21 Result Update.pdf

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