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Dabur India: Growth across all categories led by market share gains

Dabur's healthcare growth is likely to taper off from the current high level as the pandemic impact comes down

January 30, 2021 / 02:54 PM IST
Dabur India: Growth across all categories led by market share gains

Dabur India | CRISIL reaffirmed its credit rating at AAA/Stable for long term bank facilities. (Image: Moneycontrol)

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

The December 2020 quarter results of Dabur (CMP: Rs 515; market capitalisation: Rs 91,066 crore) were in line with expectations. Dabur’s India FMCG business led the growth with a 19.5 per cent growth year on year (YoY) triggered by an underlying volume growth of 18 per cent. The domestic healthcare vertical ended the December 2020 quarter with a growth of 28 per cent while the home and personal care business grew by 16 per cent. December quarter results India business (standalone):...

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