Dabur Q4 net up likely 17%, Marico profit seen up 23%

FMCG major Dabur India is likely to report a 17 percent increase in consolidated net profit at Rs 200 crore year-on-year, on revenue of Rs 1,559 crore, up 14 percent, according to a CNBC-TV18 poll.

Its EBITDA margin is seen up 25bps at 16.6 percent. Benign raw material costs will help gross margins, while tapering off in advertising and promotional spends will further provide cushion. Dabur's volume growth in the domestic business is seen up 9 percent and international business is also likely to remain healthy. Dabur's rival Marico is expected to report a net profit of Rs 86 crore, up 23 percent from a year ago, the CNBC-TV18 poll states. The Parachute hair oil maker's revenue is seen up 15 percent to Rs 1,058 crore. Marico's revenue growth is expected to be led by 6 percent growth in rigid packs of coconut oil, 25 percent growth in value-added oils and 6 percent growth in edible oils. Reduced ad spends will likely lead to operating margin expanding 50 bps YoY. Both Dabur and Marico shares were up about 3 percent on Tuesday morning, amid a overall surge in FMCG stocks. Also Read: HUL Q4 net up better-than-expected 15% on lower input costs