Dabur India
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Dabur India (DABUR) investor relations material

Dabur India Q3 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 25/26 earnings summary29 Jan, 2026

Executive summary

  • Q3 FY26 consolidated revenue grew 6.1% year-over-year, with India FMCG up 6% and international revenue up 11.1% in INR terms.

  • Operating profit rose 7.7% and PAT increased 10.1% year-over-year; adjusted PAT growth was 7.2% excluding a one-time labor law provision.

  • Market share gains across key categories, with strong double-digit growth in Amla, Real Activ, Dabur Honey, Dabur Honitus, health juices, and Meswak.

  • Interim dividend of ₹2.75 per share (₹487.76 crores) was paid during the quarter.

  • Faced headwinds from input cost escalation, inventory liquidation due to revised GST, and international market disruptions.

Financial highlights

  • Consolidated revenue from operations for Q3 FY26 was ₹3,558.65 crores, up from ₹3,355.25 crores in Q3 FY25.

  • Operating profit increased to ₹734.1 crore (20.6% margin), and EBITDA rose to ₹874.8 crore (24.6% margin).

  • Net profit before exceptional items was ₹575.0 crore, up 10.1% year-over-year; consolidated net profit after exceptional items was ₹553.61 crores.

  • Standalone revenue for Q3 FY26 was ₹2,547.39 crores, with net profit at ₹439.40 crores.

  • Basic EPS (consolidated) for Q3 FY26 was ₹3.16, up from ₹2.95 in Q3 FY25.

Outlook and guidance

  • Management expects sequential demand recovery, high single-digit top-line growth in Q4, and year-over-year EBITDA margin expansion.

  • FY27 growth is expected to be high single-digit, primarily volume-led, with some price increases and operating margin improvement.

  • Focus remains on market share gains, innovation, premiumization, and brand building.

  • Board and management highlighted continued growth in both revenue and profit, with positive operating and net profit margins.

Impact of New Labour Codes on employee benefits?
Why was JV financial info unreviewed by auditor?
What caused Retail business segment loss in Q4 2025?
Hair oil volume growth sustainability?
Toothpaste margin protection strategy?
FY'27 margin expansion drivers?
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Q4 25/266 May, 2026
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Frequently asked questions

Dabur India Limited is a consumer goods company offering products in health care, personal care, and food segments. Its portfolio includes ayurvedic and natural remedies, hair oils, oral care, and juices. The company operates through domestic and international distribution channels. It is headquartered in Ghaziabad, India, and its shares are listed on the NSE.

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