New Delhi, January 30, 2025 – Dabur India Limited (NSE: DABUR, BSE: 500096) announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company's consolidated revenue from operations rose to ₹3,355.25 crore in Q3 FY25, reflecting 3.1% YoY growth from ₹3,255.06 crore in Q3 FY24. Net profit for the quarter stood at ₹515.82 crore, slightly up from ₹506.44 crore in the same period last year.
Key Financial Highlights (Consolidated)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹3,355.25 Cr | ₹3,028.59 Cr | ₹3,255.06 Cr | ₹9,732.95 Cr | ₹9,589.37 Cr |
| Total Income | ₹3,483.28 Cr | ₹3,180.11 Cr | ₹3,382.43 Cr | ₹10,141.90 Cr | ₹9,942.93 Cr |
| EBITDA | ₹789.92 Cr | ₹684.35 Cr | ₹796.69 Cr | ₹2,496.67 Cr | ₹2,559.24 Cr |
| Net Profit | ₹515.82 Cr | ₹417.52 Cr | ₹506.44 Cr | ₹1,427.69 Cr | ₹1,470.09 Cr |
| EPS (₹ per share) | 2.95 | 2.40 | 2.90 | 8.17 | 8.43 |
Segment-Wise Performance
- Consumer Care Business: Revenue stood at ₹2,850.34 crore, reflecting a 4% YoY increase from ₹2,741.78 crore in Q3 FY24.
- Food Business: Revenue declined to ₹429.55 crore from ₹442.12 crore in Q3 FY24.
- Retail Business: Reported ₹32.61 crore in revenue, in line with the previous year's performance.
- Other Segments: Grew to ₹34.04 crore from ₹29.08 crore in Q3 FY24.
- Unallocated Other Operating Revenue: Increased to ₹8.71 crore, compared to ₹3.17 crore in Q3 FY24.
Strategic Announcements
- Acquisition of Sesa Care: Dabur entered into an agreement to merge with Sesa Care Private Limited (including its wholly owned subsidiary in Bangladesh) at an enterprise value between ₹315-325 crore. The company has acquired 51% of the paid-up cumulative redeemable preference shares of Sesa Care and issued a corporate guarantee for ₹296.45 crore debt.
- Stock Options: Issued 3,642 equity shares under the Dabur Employee Stock Option Scheme.
- Interim Dividend: Paid an interim dividend of ₹2.75 per share, amounting to ₹487.39 crore.
Balance Sheet and Ratios
| Metric | Q3 FY25 | Q3 FY24 |
|---|---|---|
| Net Worth | ₹10,349.15 Cr | ₹9,510.77 Cr |
| Outstanding Debt | ₹1,067.71 Cr | ₹1,844.63 Cr |
| Debt-to-Equity Ratio | 0.10 | 0.19 |
| Interest Coverage Ratio | 17.35 | 21.80 |
| Operating Margin (%) | 20.32% | 20.52% |
| Net Profit Margin (%) | 15.06% | 15.56% |
Management Commentary
Mohit Burman, Chairman of Dabur India, stated:"We continue to navigate inflationary pressures with a strategic focus on cost optimization and expanding our market reach. The acquisition of Sesa Care will bolster our presence in the personal care segment, reinforcing our growth trajectory."
Outlook
Dabur India remains optimistic about rural demand recovery and international market expansion, particularly in Middle East & Africa. The company anticipates mid-single-digit growth in FY25, supported by new product launches, digital initiatives, and strategic acquisitions.Shares of Dabur India Limited closed at ₹535.80 on NSE, reflecting a marginal gain of 0.5% post-earnings announcement.