Dabur Q3: Analysts expect profit to grow 19% at Rs 205 cr

FMCG firm Dabur India is set to report healthy set of numbers in the third quarter of financial year 2012-13. Analysts on an average expect consolidated profit after tax to grow by 19 percent year-on-year to Rs 205 crore in the quarter.

Net sales are seen going up by 18.2 percent to Rs 1,730 crore from Rs 1,463 crore during the same period.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 25 percent YoY to Rs 290 crore in October-December quarter.

Operating profit margin is expected to jump 90 basis points YoY to 16.8 percent in December quarter.

Analysts expect volume growth of 9 percent in the third quarter.

According to analysts, canteen stores department (CSD) business would continue to be strained and its oral care & shampoos could report subdued growth rates. CSD business contributed around 5 percent of net sales in FY12.

Effective tax rate is expected to move higher from 16.4 percent in Q3FY12 to 18 percent in Q3FY13.

International business will continue to post strong growth, say analysts.

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