Dabur India

By Research Desk
about 9 years ago

 

The company posted a much-better-than-expected set of numbers for Q4FY16. Its net profit showed a 16% (YoY) rise at Rs.285 crore on a 11% rise in revenue at Rs.2161 crore. This was helped to some extent by the 7% growth in volume. Domestic FMCG Business reported growth of 8.5% while international business grew 16% and it contributed 30% to the topline.

Its EBITDA was up 21% at Rs.472 crore and margins increased to 21.9% v/s 20.1% (YoY). What helped was the 45% drop in raw material costs and it kept its advertising and promotion costs steady at 13%.

Its Oral Care portfolio continues to beat the category growth rate, recording 18% growth with the toothpaste portfolio growing at 20% in Q4FY16. Hair Oil portfolio recorded 8.2% growth in Q4FY16 driven by good growth in both perfumed and coconut hair oil segments. Home Care portfolio posted growth of 19.3% in Q4FY16 led by strong momentum in Odonil and Odomos brands. Its Skin Care portfolio did not do too well. OTC & Ethicals portfolio registered growth of 7% with products like Honitus, Janam Ghunti, Lal Tail and Shilajit. Food business grew 12% •Supply of Real and Activ fruit juices from Nepal resumed in the 1st week of February 2016 when the India Nepal border opened. Consequently, Fruit Beverages including Real and Activ clocked 13% growth during the quarter.

The company ended the fiscal FY16 with a 18% growth in net profit at Rs.1255 crore on a 8% jump in topline at Rs.7827 crore.

512.90 (+7.10)