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Net Sales are expected to decrease by 17 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 1,887.6 crore, according to ICICI Direct.
Dabur India maintained its FY20 guidance of mid-to-high single-digit volume growth.
Net Sales are expected to increase by 7.4 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 2,281.4 crore, according to Kotak.
Net Sales are expected to increase by 4.4 percent Y-o-Y (down 2.4 percent Q-o-Q) to Rs. 2,218.9 crore, according to ICICI Direct.
The FMCG major beat analyst expectations on all parameters in June quarter with showing a 9.6 percent growth in domestic volume against street expectations of 4 percent.
Key issues to watch out for would be domestic volume growth and outlook for rural demand, new launch pipeline, and margin performance in international business.
Net Sales are expected to increase by 6.1 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 2,207.2 crore, according to Reliance Securities.
Net Sales are expected to increase by 3.7 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 2,157.6 crore, according to ICICI Direct.
Centrum Equity Research prefers Britannia Industries, Asian Paints and Bajaj Consumer Care
Net Sales are expected to increase by 11.9 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 2,274.4 crore, according to ICICI Direct.
Net Sales are expected to increase by 9.4 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 2,224 crore, according to Kotak.
The company has been working on reducing costs, resulting in a 180 bps and 110 bps decline in raw material and employee cost, respectively, as a percentage of sales over the last six quarters
One needs to closely watch for pricing growth, which was a shade lower than expectations. It possibly reflects upon recent moderation in cost inflation.
Net Sales are expected to increase by 9.5 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 2,153.3 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 11.5 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs. 2,158.6 crore, according to Kotak.
Market beta (sensitivity to broader index) of various FMCG stocks are well below one, which means they decline or rise less in times of market wide correction or upsurge phases, respectively
Net Sales are expected to increase by 13.4 percent Y-o-Y (up 6.8 percent Q-o-Q) to Rs. 2,220 crore, according to HDFC Securities.
Net Sales are expected to increase by 15 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs. 2,252.4 crore, according to ICICI Direct.
While early analysis suggested the high volume growth could have been just a base impact, a deep dive into the numbers shows it is not so.