Dabur India Q1 net profit rises 3% on-year to Rs 514 crore, beats estimate

Dabur India Q1 FY26 Results

Dabur India Ltd on Thursday reported a nearly 3 percent year-on-year rise in consolidated net profit to Rs 513.9 crore for the April-June quarter of FY26, beating analyst expectations. A Moneycontrol poll of analysts had estimated net profit to decline to Rs 496 crore.

Consolidated revenue rose 2 percent on-year to Rs 3,405 crore, slightly below the Street’s forecast of Rs 3,421 crore. Dabur’s ex-seasonal portfolio -- excluding categories impacted by unseasonal rains -- grew 7 percent during the quarter.

Despite inflationary pressures and weaker performance in beverages and Glucose due to unseasonal rains, the company posted a 2 percent growth in operating profit, aided by market share gains across 95 percent of its portfolio, it said in a statement.

“This performance was anchored by solid market share gains... reflecting the trust of our consumers, the resilience of our brands and the agility of our teams to navigate challenges and deliver ahead of expectations,” CEO Mohit Malhotra said in a statement.

Rural growth leads recovery

For the fifth straight quarter, Dabur’s rural markets outperformed urban markets. In Q1, growth from rural India was 390 basis points ahead of urban in both value and volume terms.

Dabur’s direct retail reach rose by 63,000 outlets year-on-year to 1.52 million, while its rural village coverage increased by 10,000 to 1.33 lakh villages. The Yoddha distribution network grew to 19,900 members.

Category performance and market share gains

The company reported growth in key verticals such as Toothpaste (7.3%), Digestives (7.7%), Hair Care (7%), Home Care (10.1%), Skin & Salon (9.2%), and Juices (Real Activ 100% Fruit Juice up 20%).

Its Real Nectars and Juices gained 207 bps and 141 bps in market share, respectively. Dabur also reported all-time high market share of 19% in Hair Oils, gaining 214 bps. Other share gains included 183 bps in Air Fresheners and 111 bps in Chyawanprash.

Strong international growth

Dabur’s international business grew 13.7 percent in constant currency terms. The UK business grew 41 percent, Turkey 36 percent, Namaste 30 percent, Sub-Saharan Africa 20 percent, MENA 10.1 percent, and Bangladesh 10.2 percent.