# Dabur India (DABUR) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/dabur

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹380.35
- Change: -1.21%
- As of: 2026-11-06
- 1D return: -1.21%
- 5D return: +4.03%
- 1M return: +0.94%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

Dabur India (₹380.35) faces a conflicting technical setup on 2026-11-06, characterized by weak momentum and significant downside anomalies against a short-term price structure that remains above key daily moving averages. The stock closed down 1.2% after an extreme downward gap on the weekly chart (+10.3% range expansion) and a high-volume daily drop (-2.5%) on 5 November. Trend strength is uniformly weak across all timeframes, with ADX readings hovering around 19.4–19.7. While the daily Supertrend and shorter-term SMAs/EMAs remain bullish, the monthly and weekly trends are bearish, with price trading below their respective Supertrends and most moving averages. The stock is positioned near the lower end of its 252-day range (+14.5%) but in the middle of its 20-day range (+53.7%). Immediate support lies at ₹378.52, with resistance at ₹390.68. A sustained move above ₹390.68 would be required to validate a reversal from the current weakness.

- Trend Conflict: Daily indicators show price above 20-period EMA/SMA and Supertrend, whereas monthly and weekly structures are bearish with price below these levels.
- Momentum & Anomalies: Weak trend conviction (ADX ~19.7); recent extreme downward gaps and volume spikes indicate selling pressure despite short-term structural support.
- Key Levels: Support at ₹378.52 (0.48% below); Resistance at ₹390.68 (2.72% above). Break above ₹390.68 needed for bullish confirmation.
- Risk Profile: Current drawdown stands at -31.2% with annualized volatility of +22.7%; price is near the bottom of its yearly range.

- Outside Bar
- Inside Bar
- Bullish Engulfing Reversal
- Evening Star

### News Context

Dabur India announced significant leadership changes effective mid-November 2026, marking the end of a three-decade tenure for Global CEO Mohit Malhotra. Herjit Singh Bhalla, currently Chief Executive Officer of the India business, has been appointed as an additional and whole-time director for a five-year term starting November 14, subject to regulatory clearances. This transition coincides with reported financial strength: Dabur posted an 11.7% year-on-year increase in consolidated net profit to ₹505.5 crore for the July-September quarter '26, driven by premium brand outperformance and international growth. The appointment aims to stabilize leadership amid broader industry churn and uneven demand conditions.

- Herjit Singh Bhalla appointed as Whole-time Director for five years from November 14, succeeding Global CEO Mohit Malhotra who resigned effective November 13 after nearly three decades.
- Consolidated net profit rose 11.7% year-on-year to ₹505.5 crore for Q2 FY27 (July-September), supported by premium brands and international expansion.
- PD Narang remains Group Director – Corporate Affairs to provide strategic guidance across group businesses, including international operations.

- [Who is Herjit Singh Bhalla? Dabur India appoints CEO as Whole-time Director for a five-year term from November 14 | Company Business News](https://www.livemint.com/companies/people/who-is-herjit-singh-bhalla-dabur-india-appoints-ceo-as-whole-time-director-for-a-five-year-term-from-november-14-11793897545728.html)
- [Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bse-lenskart-nykaa-bharti-airtel-lic-aurobindo-pharma-and-nalco/articleshow/135548122.cms)
- [Dabur Global CEO Malhotra Resigns, as leadership churn in legacy FMCG companies continues](https://economictimes.indiatimes.com/industry/cons-products/fmcg/dabur-global-ceo-malhotra-resigns-as-leadership-churn-in-legacy-fmcg-companies-continues/articleshow/135540920.cms)
- [Dabur Global CEO Mohit Malhotra resigns, Herjit Bhalla elevated as whole-time director](https://www.thehindubusinessline.com/companies/dabur-global-ceo-mohit-malhotra-resigns-herjit-bhalla-elevated-as-whole-time-director/article71665989.ece)
- [Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)

### What Changed

Dabur India is undergoing a significant leadership transition on its board, marking a shift in corporate governance structure. On November 6, 2026, the company announced that Herjit Singh Bhalla, currently the India business CEO, has been appointed as an additional and whole-time director for a five-year term starting November 14, subject to regulatory clearances. This appointment coincides with the departure of Global CEO Mohit Malhotra after nearly three decades, alongside other board-level changes including the addition of Gopal Krishna Jain and a succession in the compliance function.

Concurrently, Dabur India executed a minor capital adjustment through its Employees Stock Option Scheme (ESOS). The Nomination & Remuneration Committee approved the allotment of 107,691 equity shares following employee option exercises. This increased the paid-up equity share capital from ₹177,39,57,506 to ₹177,40,65,197, with the new shares ranking pari passu with existing equity. Market pricing observed on November 6, 2026, showed the stock trading at ₹380.35, down from a previous reference price of ₹385.0.

- Leadership Succession: Herjit Singh Bhalla appointed as Whole-time Director for a five-year term effective November 14, 2026, replacing departing Global CEO Mohit Malhotra.
- Capital Adjustment: Paid-up equity share capital increased to ₹177,40,65,197 via the allotment of 107,691 ESOP shares on November 6, 2026.
- Market Price: Stock traded at ₹380.35 on November 6, 2026, compared to a previous reference level of ₹385.0.

- [Who is Herjit Singh Bhalla? Dabur India appoints CEO as Whole-time Director for a five-year term from November 14 | Company Business News](https://www.livemint.com/companies/people/who-is-herjit-singh-bhalla-dabur-india-appoints-ceo-as-whole-time-director-for-a-five-year-term-from-november-14-11793897545728.html)
- [Dabur India Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_787_WebXMLFile_20261106_112849342.xml)
- [Dabur India Limited has informed the Exchange regarding Allotment of 107691 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/DABURA_06112026140706_Letterhead_ESOP.pdf)

### Official Filings

Dabur India Limited disclosed an interim dividend of ₹3.50 per share with a record date of November 10, 2026. Concurrently, the company completed two rounds of ESOP allotments in early November: 480 shares on November 4 and 107,691 shares on November 6. These issuances increased paid-up capital from ₹1,773,957,026 to ₹1,774,065,197. The filings also note the resignation of a director or key managerial personnel.

- Interim Dividend: ₹3.50 per share declared; Record Date is November 10, 2026.
- Capital Increase: Paid-up equity share capital rose by ₹108,171 (from ₹1,773,957,026 to ₹1,774,065,197) due to ESOP exercises.
- ESOP Allotment Details: Total of 108,171 shares allotted under the Dabur Employees Stock Option Scheme 2000 across two dates (Nov 4 and Nov 6).
- Governance Update: Disclosure filed regarding the resignation of a Director/KMP/SMP.

- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 3.50 PER SHARE |FACE VALUE:1 |RECORD DATE:10-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Dabur India Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_787_WebXMLFile_20261106_112849342.xml)
- [Dabur India Limited has informed the Exchange regarding Allotment of 107691 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/DABURA_06112026140706_Letterhead_ESOP.pdf)
- [DABUR INDIA LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_787_WebXMLFile_20261106_141354865.xml)
- [Dabur India Limited has informed the Exchange about Allotment of Equity Shares under Dabur Employees Stock Option Scheme 2000 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DABURA_05112026114655_ESOP_Allotment.pdf)
- [DABUR INDIA LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_787_WebXMLFile_20261105_115529433.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 3.50 PER SHARE |FACE VALUE:1 |RECORD DATE:10-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Dabur India Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP](https://nsearchives.nseindia.com/corporate/DABUR_ROID_103682_KMP_Doc.zip)

### Fundamentals

Dabur India’s financial trajectory shows a divergence between improving profitability and weakening near-term revenue momentum. For the year ended March 2026, sales grew to ₹13,193 crore with net profit rising to ₹1,869 crore, supported by strong cash conversion (CFO/EBITDA of 122%) and stable returns on capital employed (ROCE 20%). However, the most recent quarterly data reveals a sequential slowdown: Q2 FY2026-27 revenue fell to ₹3,563 crore from ₹3,764 crore in Q1, with corresponding drops in operating profit (₹646 crore vs ₹756 crore) and net profit (₹499 crore vs ₹586 crore). This contraction coincides with a tightening cash position, as cash and equivalents declined to ₹133 crore from ₹228 crore, while current liabilities rose to ₹5,615 crore. Despite these short-term headwinds, the balance sheet remains robust with total assets at ₹17,869 crore and equity at ₹11,864 crore. Institutional ownership is shifting, with DIIs increasing their stake to 18.12% while FIIs reduced theirs to 9.6%. The key challenge for management will be reversing the sequential revenue decline while maintaining the high quality of earnings evidenced by historical cash flow generation.

- Sequential revenue decline in Q2 FY2026-27 (₹3,563 crore) contrasts with full-year FY2026 sales growth (₹13,193 crore), signaling a potential near-term deceleration.
- Cash conversion remains excellent at 122% for FY2026, though cash reserves dropped sharply to ₹133 crore in Q2 FY2026-27 from ₹228 crore a year prior.
- Profitability metrics are resilient: ROCE held steady at 20%, and net profit for FY2026 reached ₹1,869 crore, up from ₹1,740 crore in FY2025.
- Investor composition is shifting, with Domestic Institutional Investors (DIIs) raising their holding to 18.12% while Foreign Institutional Investors (FIIs) cut theirs to 9.6%.

### Bull Case

Dabur India reported a 11.7% year-on-year increase in consolidated net profit to ₹505.5 crore for the July-September quarter '26, driven by premium brand outperformance and international growth. This operational strength coincides with a leadership transition: Global CEO Mohit Malhotra resigned effective November 13, 2026, after nearly three decades, while Herjit Singh Bhalla was appointed as Whole-time Director for a five-year term starting November 14 to succeed him. Technically, the daily trend shows a bullish super-trend direction with the Plus DI (31.72) significantly above the Minus DI (20.77), suggesting short-term momentum despite the stock trading at a -31.2% current drawdown from its peak.

- Q2 FY26 consolidated net profit rose 11.7% YoY to ₹505.5 crore, supported by premium brands and international expansion.
- Leadership succession is underway with Herjit Singh Bhalla appointed as Whole-time Director for five years, succeeding Global CEO Mohit Malhotra.
- Daily technical indicators show a bullish super-trend with Plus DI (31.72) well above Minus DI (20.77), contrasting with bearish monthly and weekly trends.
- The stock trades at a -31.2% current drawdown and -27.4% return over one year, indicating significant medium-term weakness despite recent quarterly profit growth.

- [Who is Herjit Singh Bhalla? Dabur India appoints CEO as Whole-time Director for a five-year term from November 14 | Company Business News](https://www.livemint.com/companies/people/who-is-herjit-singh-bhalla-dabur-india-appoints-ceo-as-whole-time-director-for-a-five-year-term-from-november-14-11793897545728.html)
- [Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bse-lenskart-nykaa-bharti-airtel-lic-aurobindo-pharma-and-nalco/articleshow/135548122.cms)
- [Dabur Global CEO Malhotra Resigns, as leadership churn in legacy FMCG companies continues](https://economictimes.indiatimes.com/industry/cons-products/fmcg/dabur-global-ceo-malhotra-resigns-as-leadership-churn-in-legacy-fmcg-companies-continues/articleshow/135540920.cms)
- [Dabur Global CEO Mohit Malhotra resigns, Herjit Bhalla elevated as whole-time director](https://www.thehindubusinessline.com/companies/dabur-global-ceo-mohit-malhotra-resigns-herjit-bhalla-elevated-as-whole-time-director/article71665989.ece)
- [Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 3.50 PER SHARE |FACE VALUE:1 |RECORD DATE:10-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Dabur India Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_787_WebXMLFile_20261106_112849342.xml)
- [Dabur India Limited has informed the Exchange regarding Allotment of 107691 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/DABURA_06112026140706_Letterhead_ESOP.pdf)
- [DABUR INDIA LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_787_WebXMLFile_20261106_141354865.xml)
- [Dabur India Limited has informed the Exchange about Allotment of Equity Shares under Dabur Employees Stock Option Scheme 2000 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DABURA_05112026114655_ESOP_Allotment.pdf)

### Bear Case

Dabur India faces significant headwinds characterized by a prolonged equity drawdown and leadership transition. The stock has declined 27.4% over the past year and is currently 31.2% below its recent peak, with a maximum historical drawdown of 35.3%. Technical indicators reflect this weakness: while the daily trend shows a short-term bullish signal, the weekly and monthly trends are bearish, with the monthly Supertrend direction remaining negative. The stock is trading at ₹380.35, facing immediate resistance at ₹390.68 (2.72% above). Concurrently, the company is undergoing major executive changes, with Global CEO Mohit Malhotra resigning after nearly three decades to be succeeded by Herjit Singh Bhalla starting November 14, 2026. This leadership churn coincides with market commentary citing 'uneven demand' and 'intense competition' as ongoing challenges for legacy FMCG firms.

- Equity underperformance: The stock is down 27.4% over one year and 23.9% year-to-date, with a current drawdown of -31.2% against a maximum drawdown of -35.3%.
- Bearish medium-term technicals: Weekly and monthly trends are bearish; the monthly Supertrend is negative, and the stock faces resistance at ₹390.68, just 2.72% above the current price of ₹380.35.
- Leadership succession: Global CEO Mohit Malhotra resigned effective November 13, 2026, ending a three-decade tenure, while Herjit Singh Bhalla takes over as Whole-time Director from November 14, 2026.
- Market context: Industry analysis highlights uneven demand and intense competition as structural pressures affecting legacy FMCG companies during this transition period.

- [Who is Herjit Singh Bhalla? Dabur India appoints CEO as Whole-time Director for a five-year term from November 14 | Company Business News](https://www.livemint.com/companies/people/who-is-herjit-singh-bhalla-dabur-india-appoints-ceo-as-whole-time-director-for-a-five-year-term-from-november-14-11793897545728.html)
- [Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bse-lenskart-nykaa-bharti-airtel-lic-aurobindo-pharma-and-nalco/articleshow/135548122.cms)
- [Dabur Global CEO Malhotra Resigns, as leadership churn in legacy FMCG companies continues](https://economictimes.indiatimes.com/industry/cons-products/fmcg/dabur-global-ceo-malhotra-resigns-as-leadership-churn-in-legacy-fmcg-companies-continues/articleshow/135540920.cms)
- [Dabur Global CEO Mohit Malhotra resigns, Herjit Bhalla elevated as whole-time director](https://www.thehindubusinessline.com/companies/dabur-global-ceo-mohit-malhotra-resigns-herjit-bhalla-elevated-as-whole-time-director/article71665989.ece)
- [Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 3.50 PER SHARE |FACE VALUE:1 |RECORD DATE:10-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Dabur India Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_787_WebXMLFile_20261106_112849342.xml)
- [Dabur India Limited has informed the Exchange regarding Allotment of 107691 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/DABURA_06112026140706_Letterhead_ESOP.pdf)
- [DABUR INDIA LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_787_WebXMLFile_20261106_141354865.xml)
- [Dabur India Limited has informed the Exchange about Allotment of Equity Shares under Dabur Employees Stock Option Scheme 2000 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DABURA_05112026114655_ESOP_Allotment.pdf)

### FAQs

**What leadership changes are occurring at Dabur India, and when do they take effect?**

Global CEO Mohit Malhotra is resigning effective November 13, 2026, concluding a nearly three-decade tenure. Herjit Singh Bhalla, currently the India business CEO, has been appointed as an additional and whole-time director for a five-year term starting November 14, subject to regulatory clearances. He will continue leading the domestic growth agenda while PD Narang provides strategic guidance across international operations.

**How did Dabur perform financially in the July-September quarter of 2026?**

Dabur reported an 11.7% year-on-year increase in consolidated net profit to ₹505.5 crore for the July-September quarter '26. This growth was driven by premium brand outperformance and international expansion. The results were reported on November 4, 2026, alongside other major companies like Nykaa and Torrent Power.

**What dividend is Dabur paying, and what is the key date for investors?**

Dabur India has declared an interim dividend of ₹3.50 per share. The record date for this payout is November 10, 2026. Shareholders must be on the company's register of members on this date to be eligible for the dividend payment.

**What is the current technical trend and price range for Dabur stock?**

As of November 6, 2026, the daily trend is bullish with the stock closing at ₹380.35. However, the weekly and monthly trends remain bearish. Key resistance levels are seen at ₹390.68 and ₹393.60, while immediate support lies near ₹378.52. The stock has faced significant volatility, with a current drawdown of -31.2% from its peak.

- [Who is Herjit Singh Bhalla? Dabur India appoints CEO as Whole-time Director for a five-year term from November 14 | Company Business News](https://www.livemint.com/companies/people/who-is-herjit-singh-bhalla-dabur-india-appoints-ceo-as-whole-time-director-for-a-five-year-term-from-november-14-11793897545728.html)
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- [Dabur Global CEO Malhotra Resigns, as leadership churn in legacy FMCG companies continues](https://economictimes.indiatimes.com/industry/cons-products/fmcg/dabur-global-ceo-malhotra-resigns-as-leadership-churn-in-legacy-fmcg-companies-continues/articleshow/135540920.cms)
- [Dabur Global CEO Mohit Malhotra resigns, Herjit Bhalla elevated as whole-time director](https://www.thehindubusinessline.com/companies/dabur-global-ceo-mohit-malhotra-resigns-herjit-bhalla-elevated-as-whole-time-director/article71665989.ece)
- [Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 3.50 PER SHARE |FACE VALUE:1 |RECORD DATE:10-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Dabur India Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_787_WebXMLFile_20261106_112849342.xml)
- [Dabur India Limited has informed the Exchange regarding Allotment of 107691 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/DABURA_06112026140706_Letterhead_ESOP.pdf)
- [DABUR INDIA LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_787_WebXMLFile_20261106_141354865.xml)
- [Dabur India Limited has informed the Exchange about Allotment of Equity Shares under Dabur Employees Stock Option Scheme 2000 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DABURA_05112026114655_ESOP_Allotment.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹390.68
- Risk regime: Higher Price Risk

### Support levels
- 371.7125
- 354.3
- 378.51666666666665

### Resistance levels
- 393.59999999999997
- 455.875
- 493.95625

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.21% |
| return_10 | +4.78% |
| return_1m | -2.20% |
| return_1y | -27.37% |
| return_20 | +0.94% |
| return_3m | -7.52% |
| return_5 | +4.03% |
| return_6m | -18.42% |
| return_since_start | -25.56% |
| return_ytd | -23.92% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -35.26% |
| annualized_volatility | +22.75% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Dabur India Limited Q2 FY2026-27: Revenue and profit rise year on year

Dabur reported Q2 FY2026-27 revenue from operations of ₹3,563 crore, up 11.6% year on year but down 5.3% from Q1 FY2026-27. Profit before tax was ₹646 crore, 12.7% above the year-earlier quarter and 14.6% below the preceding quarter; profit for the period was ₹499 crore.

## Revenue and expenses

Revenue from operations increased from ₹3,191 crore in Q2 FY2025-26 to ₹3,563 crore in Q2 FY2026-27. Sequentially, it eased from ₹3,764 crore in Q1 FY2026-27. The quarterly series was ₹3,038 crore in Q4 FY2025-26 and ₹3,559 crore in Q3 FY2026-27 before reaching ₹3,764 crore in Q1 FY2026-27.

Total expenses were ₹3,089 crore, down 2.9% from ₹3,181 crore in Q1 FY2026-27 but up 12.0% from ₹2,758 crore in Q2 FY2025-26. On a sequential basis, expenses declined less than revenue, accompanying the fall in profit before tax. Income, including other income of ₹172 crore, was ₹3,735 crore, down 5.1% from Q1 FY2026-27.

Q2 expenses included ₹1,443 crore for materials consumed, ₹317 crore for purchases of stock in trade, ₹377 crore in employee benefit expense and ₹119 crore in depreciation, depletion and amortisation.

## Profit and earnings per share

Profit before tax was ₹646 crore, compared with ₹756 crore in Q1 FY2026-27 and ₹573 crore in Q2 FY2025-26. Tax expense totalled ₹147 crore, comprising current tax of ₹155 crore and a deferred tax credit of ₹8 crore. Profit from continuing operations was ₹499 crore, down 15.0% sequentially and up 12.1% year on year.

Basic EPS from continuing operations was ₹2.85, versus ₹3.33 in Q1 FY2026-27 and ₹2.55 in Q2 FY2025-26. Diluted EPS was ₹2.84. Trailing twelve-month EPS was ₹11.42.

## Cash flow and liquidity

Operating cash flow was ₹709 crore in the quarter. Reported free cash flow was ₹848 crore, while investing cash flow was positive ₹138 crore. Financing cash flow was negative ₹973 crore, indicating a net cash outflow from financing activities.

At 30 September 2026, cash and cash equivalents were ₹133 crore and other bank balances were ₹425 crore. Current investments stood at ₹4,374 crore, down from ₹4,595 crore at 31 March 2026. The quarter-end investment balance remained substantially higher than cash and cash equivalents.

## Working capital and borrowings

Inventories were ₹2,385 crore at 30 September 2026, compared with ₹2,322 crore at 31 March 2026. Trade receivables increased to ₹1,060 crore from ₹715 crore, while current trade payables rose to ₹3,045 crore from ₹2,954 crore.

Current borrowings increased to ₹1,236 crore from ₹1,047 crore at 31 March 2026. Non-current borrowings were ₹6 crore, down from ₹16 crore at the previous fiscal year-end.

## Balance sheet

Total assets were ₹17,869 crore at 30 September 2026, up from ₹17,480 crore at 31 March 2026. Equity attributable to owners of the parent was ₹11,492 crore, compared with ₹11,420 crore at the fiscal year-end; total equity was ₹11,864 crore.

## Key Takeaway

Dabur’s Q2 showed year-on-year growth in revenue and profit, alongside a sequential pullback from Q1. Expenses fell less than revenue quarter on quarter, while operating cash flow remained positive; higher current borrowings and receivables, together with lower cash and current investments than at 31 March, are notable balance-sheet movements.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +66.24%
- FII holding: +9.66%
- DII holding: +18.60%
- Mutual fund holding: +7.16%
- Retail holding: +3.80%
- Promoter pledged: +0.00%

### Major reported shareholders

- Vic Enterprises Pvt Ltd — +12.28% (Bodies Corporate)
- Chowdry Associates — +11.79% (Bodies Corporate)
- Gyan Enterprises Pvt Ltd — +10.90% (Bodies Corporate)
- Puran Associates Private Limited — +10.67% (Bodies Corporate)
- Ratna Commercial Enterprises Private Limited — +8.99% (Bodies Corporate)
- LIFE INSURANCE CORPORATION OF INDIA - ULIF00320091 — +8.57%
- Milky Investment And Trading Company — +5.98% (Bodies Corporate)
- Burmans Finvest Private Limited — +2.99% (Bodies Corporate)
- HDFC LARGE AND MID CAP FUND — +2.98%
- SBI CONTRA FUND — +1.70%

## Official filings

- 2026-11-06 — Corporate Action Notice: Dabur India Limited - Ex-Date: 09-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-06 — Corporate Action Notice: Dabur India Limited - Ex-Date: 09-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-06 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_787_WebXMLFile_20261106_112849342.xml)
- 2026-11-06 — Corporate Action Notice: Dabur India Limited - Ex-Date: 09-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-06 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_06112026140706_Letterhead_ESOP.pdf)
- 2026-11-06 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_787_WebXMLFile_20261106_141354865.xml)
- 2026-11-06 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_06112026162506_Letter.pdf)
- 2026-11-06 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_787_WebXMLFile_20261106_165147970.xml)
- 2026-11-06 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_06112026172059_RTA.pdf)
- 2026-11-05 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_05112026114655_ESOP_Allotment.pdf)
- 2026-11-05 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_787_WebXMLFile_20261105_115529433.xml)
- 2026-11-05 — Corporate Action Notice: Dabur India Limited - Ex-Date: 09-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-05 — Management Change: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABUR_ROID_103682_KMP_Doc.zip)
- 2026-11-05 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_787_WebXMLFile_20261105_151548451.xml)
- 2026-11-05 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_05112026153249_Ref.pdf)
- 2026-11-05 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_05112026160054_Investor_Conference_Call.pdf)
- 2026-11-05 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_05112026160420_Newspaper_Publication.pdf)
- 2026-11-05 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_787_WebXMLFile_20261105_160622415.xml)
- 2026-11-05 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_05112026202754_Audio_Link.pdf)
- 2026-11-04 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_04112026161740_results.pdf)
- 2026-11-04 — Press Release: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_04112026162417_pressrelease.pdf)
- 2026-11-04 — Earnings Presentation: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_04112026162930_presentation.pdf)
- 2026-11-04 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/DABURA_04112026163503_results.pdf)
- 2026-11-04 — Generic Announcement: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/DABURA_04112026163135_results.pdf)
- 2026-11-04 — Press Release: Dabur India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DABURA_04112026164420_press.pdf)

## News and market events

- 2026-11-07 — MONEYCONTROL: **Neutral Dabur; target of Rs 425: Motilal Oswal** — Motilal Oswal has assigned a neutral rating to Dabur, setting a price target of Rs 425 for the stock. This recommendation was published on November 7, 2026. — [Source](https://www.moneycontrol.com/news/business/neutral-dabur-target-of-rs-425-motilal-oswal-14074414.html)
- 2026-11-07 — Mint: **Upcoming dividend, bonus, rights record date next week, 9-13 Nov: Dabur, RITES, CONCOR, HUL, ONGC, Emami among others** — At least 75 companies, including Dabur India, HUL, ONGC, and RITES, have fixed record dates for dividend, bonus, or rights issues between November 9 and 13, 2026. Dharti Proteins is the sole entity among these firms with a bonus issue record date on November 13, following its board's approval of a 1:1 ratio. Investors must hold shares before the respective record dates to qualify for these corporate actions. — [Source](https://www.livemint.com/market/stock-market-news/upcoming-dividend-bonus-rights-record-date-next-week-9-13-nov-dabur-rites-concor-hul-ongc-emami-among-others-11794037826095.html)
- 2026-11-06 — CNBC-TV18: **50+ stocks to trade ex-date next week: HUL, ONGC, Dabur among key names; dividends worth ₹315.21 per share** — More than 50 stocks and investment trusts are scheduled to trade ex-date next week for various corporate actions, including dividends, rights issues, and share buybacks. The combined value of the 51 announced dividend entries totals ₹315.21 per share, with Bayer CropScience declaring the highest individual payout at ₹90 per share. — [Source](https://www.cnbctv18.com/market/50-stocks-to-trade-ex-date-next-week-hul-ongc-dabur-among-key-names-dividends-worth-rs315-21-per-share-20029093.htm)
- 2026-11-05 — Mint: **Who is Herjit Singh Bhalla? Dabur India appoints CEO as Whole-time Director for a five-year term from November 14 | Company Business News** — Dabur India has appointed India business CEO Herjit Singh Bhalla as an additional and whole-time director for a five-year term starting November 14, subject to regulatory clearances. This appointment coincides with the departure of Global CEO Mohit Malhotra after nearly three decades, while other board-level changes include the addition of Gopal Krishna Jain and a succession in the compliance function. — [Source](https://www.livemint.com/companies/people/who-is-herjit-singh-bhalla-dabur-india-appoints-ceo-as-whole-time-director-for-a-five-year-term-from-november-14-11793897545728.html)
- 2026-11-05 — Economic Times: **Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco** — Indian equity benchmarks extended their winning streak to a fifth consecutive session, with the Nifty 50 closing at 23,961 amid broad-based buying and optimism for a breakout above 24,000. Several companies, including BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma, and NALCO, are in focus as investors track their September-quarter earnings, sales data, and operational updates. Experts advise monitoring support levels around 23,750–23,700 as the bullish trend persists. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bse-lenskart-nykaa-bharti-airtel-lic-aurobindo-pharma-and-nalco/articleshow/135548122.cms)
- 2026-11-04 — Economic Times: **Dabur Global CEO Malhotra Resigns, as leadership churn in legacy FMCG companies continues** — Dabur India announced the resignation of Global CEO Mohit Malhotra, effective November 13, 2026, as part of continued leadership churn in legacy FMCG companies amid uneven demand and intense competition. Herjit Singh Bhalla has been appointed as additional director and whole-time director for a five-year period to succeed him. This transition occurs while Dabur reported an 11.7% year-on-year increase in consolidated net profit to Rs 505.5 crore for the July-September quarter '26, driven by premium brand outperformance and international growth. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fmcg/dabur-global-ceo-malhotra-resigns-as-leadership-churn-in-legacy-fmcg-companies-continues/articleshow/135540920.cms)
- 2026-11-04 — The Hindu: **Dabur Global CEO Mohit Malhotra resigns, Herjit Bhalla elevated as whole-time director** — Dabur India announced that Global CEO Mohit Malhotra is stepping down effective November 13 to pursue personal interests, concluding a three-decade tenure. Herjit S Bhalla, currently the Chief Executive Officer of the India business, has been elevated to the board as a Whole-time Director for five years starting November 14, while continuing to lead the domestic growth agenda. PD Narang will remain as Group Director – Corporate Affairs to provide strategic guidance across the group's businesses, including international operations. — [Source](https://www.thehindubusinessline.com/companies/dabur-global-ceo-mohit-malhotra-resigns-herjit-bhalla-elevated-as-whole-time-director/article71665989.ece)
- 2026-11-04 — CNBC-TV18: **Stocks to Watch for Nov 5: Dabur, BSE, Nykaa, Lenskart, Torrent Power and more** — Multiple companies including Dabur, Nykaa, Torrent Power, Apollo Hospitals, and BSE reported their Q2 results on November 4, with most posting double-digit profit growth. While entities like Apollo Tyres and RITES saw earnings declines or margin contractions, others such as PhysicsWallah and Chalet Hotels demonstrated significant improvements in profitability metrics despite varying revenue trends. — [Source](https://www.cnbctv18.com/photos/market/stocks/stocks-to-watch-for-nov-5-dabur-nykaa-lenskart-torrent-power-rites-and-more-20027129.htm)
- 2026-11-04 — Economic Times: **Dabur Global CEO Mohit Malhotra resigns, as leadership churn in legacy FMCG company's continues** — Dabur India announced the resignation of Global CEO Mohit Malhotra, effective November 13, 2026, as he accepts a leadership role overseas, continuing a trend of leadership churn among legacy FMCG companies amid uneven demand and intense competition. Concurrently, Dabur appointed current CEO Herjit Singh Bhalla as an additional director and whole-time director for five years. The company reported an 11.7% year-on-year increase in consolidated net profit to Rs 505.5 crore for the July-September quarter '26, driven by underlying volume growth and strong performance from premium brands. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fmcg/dabur-global-ceo-mohit-malhotra-resigns-as-leadership-churn-in-legacy-fmcg-companys-continues/articleshow/135540920.cms)
- 2026-11-04 — The Hindu: **Dabur India net profit up 11.7% at ₹505.5 crore in Q2** — Dabur India reported an 11.7% rise in consolidated net profit to ₹505.5 crore and an 11.6% increase in revenue to ₹3,563.07 crore for the September quarter, marking its fourth consecutive quarter of double-digit profit growth. The company's international business expanded by 20% in INR terms, while its domestic FMCG segment grew 10.7%, supported by a resurgence in general trade channels. Additionally, Dabur's board approved an interim dividend of ₹3.50 per share, aggregating to a total payout of ₹620.88 crore for FY 2027. — [Source](https://www.thehindubusinessline.com/companies/dabur-india-net-profit-up-117-at-5055-crore-in-q2/article71666121.ece)
- 2026-11-04 — Mint: **Dabur Q2 profit up 12%, margins under pressure | Company Business News** — Dabur India reported an 11.6% rise in Q2 consolidated revenue to ₹3,563 crore and a 12% increase in net profit, though operating margins contracted by 60 basis points amid input-cost pressures. The company also announced the departure of Global CEO Mohit Malhotra on November 13 to take up an overseas leadership role, with no successor named yet. — [Source](https://www.livemint.com/companies/dabur-revenue-up-11-6-declares-dividend-11793790590209.html)
- 2026-11-04 — Economic Times: **Dabur India Q2 Results: Profit rises 12% YoY to Rs 506 crore, revenue up 12%; co declares interim dividend of Rs 3.50/share** — Dabur India reported an 11.7% year-on-year increase in Q2FY27 net profit to Rs 505.5 crore and revenue growth of 11.6% to Rs 3,563.1 crore, driven by strong performance in its premium brands, international markets, and food and beverages segment. The company's board declared an interim dividend of Rs 3.50 per share, aggregating to a total payout of Rs 620.88 crore, as management cited broad-based growth despite challenging external conditions. — [Source](https://economictimes.indiatimes.com/markets/stocks/earnings/dabur-india-q2-results-profit-rises-12-yoy-to-rs-506-crore-revenue-up-12-co-declares-interim-dividend-of-rs-3-50/share/articleshow/135538436.cms)
- 2026-11-04 — Economic Times: **Dabur Global CEO Mohit Malhotra resigns, to step down on November 13** — Dabur India announced that Global CEO Mohit Malhotra has resigned, effective November 13, 2026, to pursue personal interests and accept a leadership role overseas. In response, the company appointed Herjit Singh Bhalla, currently the CEO of its India business, as an Additional Director and Whole-time Director for five years, subject to regulatory approvals. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fmcg/dabur-global-ceo-mohit-malhotra-resigns-to-step-down-on-november-13/articleshow/135537997.cms)
- 2026-11-04 — MONEYCONTROL: **Dabur Q2 net profit rises 12% to Rs 506 crore, beats estimates; global CEO Mohit Malhotra resigns** — Dabur reported a 12% year-on-year rise in Q2 net profit to Rs 506 crore, beating market estimates. Concurrently, the company announced that Global CEO Mohit Malhotra has resigned from his position. — [Source](https://www.moneycontrol.com/news/business/earnings/dabur-q2-net-profit-rises-12-to-rs-506-crore-beats-estimates-global-ceo-mohit-malhotra-resigns-14069739.html)
- 2026-11-04 — BUSINESSTODAY: **Dabur Q2 results: Net profit rises 12%, revenue at Rs 3,563 crore** — Dabur India reported an 11.7% year-on-year increase in consolidated net profit to Rs 505.5 crore and revenue growth of 11.6% to Rs 3,563.07 crore for the September quarter, marking its fourth consecutive quarter of double-digit profit expansion. The company's CEO attributed this broad-based performance to healthy underlying volumes despite a challenging external environment characterized by geopolitical uncertainty and elevated input costs. Additionally, Dabur declared an interim dividend of Rs 3.50 per equity share for FY27. — [Source](https://www.businesstoday.in/markets/stocks/story/dabur-q2-results-net-profit-rises-12-revenue-at-rs-3563-crore-565730-2026-11-04)
- 2026-11-01 — Mint: **Emami vs Dabur FMCG shares Q2 results preview: Profit, revenue expectations; Dividend announcements in focus** — Emami Limited is scheduled to announce its Q2FY27 results and potential interim dividend on November 5, while Dabur India will report its Q2 results and potential dividend on November 4. Analysts from HDFC Securities have forecasted revenue growth of 20% for Emami and 11% for Dabur, alongside adjusted PAT growth of 4% and 9% respectively. — [Source](https://www.livemint.com/market/stock-market-news/emami-vs-dabur-fmcg-shares-q2-results-preview-profit-revenue-expectations-dividend-announcements-in-focus-11793546880029.html)
- 2026-11-01 — Orissa POST: **Stock markets to track geopolitical developments, oil prices, earnings this week: Analysts - OrissaPOST** — Reliance Industries Ltd posted a record quarterly profit of Rs 29,550 crore for July-September, up 33.8 per cent year-on-year, driven by its oil-to-chemicals business and telecom arm. Jio Platforms reported a 13.7 per cent rise in consolidated net profit to Rs 8,389 crore for the September 2026 quarter, driven by subscriber gains and higher realisations per user. — [Source](https://www.orissapost.com/stock-markets-to-track-geopolitical-developments-oil-prices-earnings-this-week-analysts/)
- 2026-11-01 — REDIFF.COM: **Geopolitical tensions, crude oil prices, and Q2 earnings to dictate market trends** — Analysts predict that escalating geopolitical tensions, particularly concerns over a renewed US-Iran conflict, and volatile crude oil prices will be primary drivers of market trends this week. Additionally, US midterm elections, movements in US Treasury yields, and foreign institutional investor flows are expected to significantly influence near-term sentiment and the sustainability of the recent market recovery. — [Source](https://www.rediff.com/business/report/stock-market-forecast-geopolitics-oil-prices-q2-earnings-us-midterms/20261101.htm)
- 2026-11-01 — Mint: **Cash rewards coming? PFC, CONCOR, RITES, to Sonata- These firms to announce dividend with Q2 results 2026 this week** — Multiple companies including Power Finance Corporation, Container Corporation of India Limited, RITES, and Sonata Software are scheduled to hold board meetings this week to announce Q2FY27 results and potentially approve dividends. — [Source](https://www.livemint.com/market/stock-market-news/cash-rewards-coming-pfc-concor-rites-pfc-to-sonata-these-firms-to-announce-dividend-with-q2-results-2026-this-week-11793537407103.html)
- 2026-10-30 — BUSINESSTODAY: **MCA clarifies role in NCLT appointments after SC flags interference; says tribunal independently manages staff** — The Supreme Court has flagged interference by the Ministry of Corporate Affairs in NCLT administration and directed tribunal leadership to submit proposals for infrastructure and staffing within four weeks. The MCA clarified it performs only an administrative role in appointing judicial and technical members, while the NCLT independently manages its staff. — [Source](https://www.businesstoday.in/latest/corporate/story/mca-clarifies-role-in-nclt-appointments-after-sc-flags-interference-says-tribunal-independently-manages-staff-564850-2026-10-30)
- 2026-10-29 — BUSINESSTODAY: **'Completely hijacked': Supreme Court slams Corporate Affairs Ministry over NCLT administration** — The Supreme Court criticized the Ministry of Corporate Affairs for undermining the autonomy of the National Company Law Tribunal by controlling staff appointments through private contractors, directing that such power rest solely with the NCLT President. The court also ordered the submission of proposals within four weeks to address crumbling infrastructure and staffing vacancies at the tribunal. — [Source](https://www.businesstoday.in/latest/corporate/story/completely-hijacked-supreme-court-slams-corporate-affairs-ministry-over-nclt-administration-564509-2026-10-29)
- 2026-10-27 — Mint: **Nifty FMCG down 22% in 2026; Diwali shopping opportunity for investors? Experts decode support levels and recovery bets** — The Nifty FMCG index has sharply underperformed Nifty 50, with 13 sector stocks posting negative annual returns. Rising commodity costs, changing consumer preferences and slower growth expectations are squeezing the sector. Experts are watching key support levels for signs of stabilisation. — [Source](https://www.livemint.com/market/stock-market-news/nifty-fmcg-down-22-in-2026-diwali-shopping-opportunity-for-investors-experts-decode-support-levels-and-recovery-bets-11793095230786.html)
- 2026-10-21 — News18: **How Quick Commerce Is Reshaping FMCG Distribution Ahead of the Festive Season** — E-commerce accounts for around 7% of India's FMCG sales in the April-June 2026 quarter, according to NielsenIQ's India FMCG Quarterly Snapshot. — [Source](https://www.news18.com/business/ipo/how-quick-commerce-is-reshaping-fmcg-distribution-ahead-of-the-festive-season-ws-l-10391010.html)
- 2026-10-21 — Economic Times: **FMCG brands turn up the volume on ads as costs and scrutiny rise** — Multiple packaged goods companies are increasing their advertising expenditures to maintain consumer demand amid rising inflation. Nestle India reported a significant rise in ad spending during the September quarter to enhance brand trust. Regulatory scrutiny from the FSSAI has prompted brands to emphasize safety and integrity in their advertising. Influencer-led marketing efforts are expected to grow significantly during the upcoming festive season. — [Source](https://cfo.economictimes.indiatimes.com/news/fmcg-brands-turn-up-the-volume-on-ads-as-costs-and-scrutiny-rise/135080090)
- 2026-10-13 — The Hindu: **FSSAI to tighten grip on $80 billion online market** — FSSAI tightens online food rules, demanding expiry dates, batch numbers, photos of dark kitchens, and platform accountability amid crackdown on misbranding and unsafe practices. — [Source](https://www.thehindubusinessline.com/companies/fssai-to-tighten-grip-on-80-billion-online-market/article71577824.ece)

## Business profile

**Strategic vision:** Herbal and natural products company integrating traditional knowledge with modern science.

### Business segments
- **Healthcare:** Offers a range of healthcare products rooted in Ayurvedic principles and modern science.
- **Personal Care:** Provides personal care items, including skincare and hair care products, often leveraging natural ingredients.
- **Food & Beverages:** Includes food and beverage products, with a focus on natural and traditional offerings.

### Competitive strengths
- Heritage spanning over 138 years
- Extensive product portfolio of over 250 products
- Robust distribution network exceeding 7.7 million retail outlets
- Integration of traditional Ayurvedic knowledge with modern science

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/dabur
Markdown representation: https://faxioms.com/stocks/dabur?render=md