āagman

Not investment advice. Data and computed figures, for information only.

Dabur India Ltd

NSE: DABURF&O
₹383.30
−₹5.10 (−1.31%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹68,599 Cr
CMP
₹383.30
52-wk High / Low
₹534 / 368
P/E
34.6
P/B
6.0
Book Value
₹64.4
Div Yield
2.13%
ROCE
20.0%
ROE
17.0%
Face Value
₹1
D/E
0.11

Price−21.7% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹124
√(22.5 × EPS × book value per share)
ROIC
12.0%
vs 13.1% sector median
Cash flow to profit
1.38
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+10
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
4.5%
ROE × earnings retention ratio
ROE stability
1.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.01FII −0.32DII +0.14
Latest quarter vs the previous one
Cash-accrual divergence
−4.2%
of assets
Low = accruals track cash flow
Strengths
+Annualised volatility of 23.3% is in the low band (≤25%)
Watch-outs
−Borrowings are up 59.9% since FY2016 (805 to 1287)
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,1303,2043,2552,8153,3493,0293,3552,8303,4053,1913,5593,0383,764
Expenses2,5262,5432,5882,3482,6942,4762,6732,4032,7372,6032,8252,5773,024
Operating Profit605661667466655553682427667588734461741
OPM %19.3%20.6%20.5%16.6%19.6%18.3%20.3%15.1%19.6%18.4%20.6%15.2%19.7%
Other Income110117127129129152129141144140126175173
Interest24283635334744393540314037
Depreciation979897107109111109117114115117122121
Profit before tax593651661453642546658412663573711474756
Net Profit457507506341494418516313508445554362586
EPS (₹)2.622.912.901.972.822.402.951.812.902.553.162.083.33

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7,7957,7807,6147,7228,5158,6859,56210,88911,53012,40412,56313,19313,552
Expenses6,4756,2616,1026,1046,7756,8927,5608,6379,36710,00410,24710,74311,029
Operating Profit1,3201,5181,5121,6171,7401,7922,0022,2522,1622,4002,3162,4502,524
OPM %16.9%19.5%19.9%20.9%20.4%20.6%20.9%20.7%18.8%19.3%18.4%18.6%18.6%
Other Income154217296291222205325308445482551585613
Interest404854536050313978124164145147
Depreciation115133143162177220240253311399446469476
Profit before tax1,3191,5541,6111,6931,7251,7282,0562,2692,2192,3592,2582,4202,513
Net Profit1,0681,2541,2801,3581,4461,4481,6951,7421,7011,8111,7401,8691,947
EPS (₹)6.077.117.257.698.178.189.589.849.6410.409.9710.6811.12

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital176176176176177177177177177177177177—
Reserves3,1783,9954,6715,5305,4556,4297,4878,2058,7969,68910,62311,242—
Borrowings7348059759386995225091,0301,1741,3659501,287—
Other Liabilities2,0191,9561,9102,0582,1062,2092,6612,8723,5053,8854,4794,773—
Total Liabilities6,1066,9327,7328,7028,4379,33710,83312,28413,65215,11616,23017,480—
Fixed Assets1,8771,6671,9582,0281,9692,2532,2432,3083,5793,8153,9903,938—
CWIP5045424264147147168175232169139—
Investments1,8132,6913,2403,8053,3592,8004,1606,2206,2656,9337,4688,947—
Other Assets2,3652,5292,4922,8273,0454,1374,2833,5893,6334,1364,6034,456—
Total Assets6,1066,9327,7328,7028,4379,33710,83312,28413,65215,11616,23017,480—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1,0981,0471,1871,2271,0921,4991,6142,1151,8021,4882,0131,9872,579
Cash from Investing Activity−104−876−730−807−541338−517−1,404−1,273−583−971−448−1,279
Cash from Financing Activity−804−417−374−339−577−1,888−1,043−613−490−1,035−1,161−1,405−1,236
Net Cash Flow190−2458281−27−51549738−130−11913364

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %35.036.035.031.028.028.028.027.027.023.022.020.020.0
ROE %————————————17.0
EPS (₹)5.246.077.117.257.698.178.189.589.849.6410.409.9710.68
Book Value (₹)————————————64.4
Face Value (₹)————————————1
P/E————————————34.6
Div Yield %————————————2.13
NPM %13.013.415.716.216.916.616.317.115.614.214.113.313.6
OPM %16.017.020.020.021.020.021.021.021.019.019.018.019.0
D/E0.270.220.190.200.160.120.080.070.120.130.140.090.11
P/B————————————6.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+5.0%
5 years+7.0%
3 years+5.0%
TTM+7.0%
Compounded profit growth
10 years+4.0%
5 years+2.0%
3 years+4.0%
TTM+11.0%
Stock price CAGR
10 years+3.0%
5 years−9.0%
3 years−11.0%
Last year−21.0%
Return on equity
10 years21.0%
5 years19.0%
3 years18.0%
Last year17.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters68.04%68.04%68.07%67.90%67.88%67.38%67.38%66.23%66.26%66.28%66.25%66.24%
FIIs19.98%19.98%17.21%18.21%17.43%19.77%20.43%19.73%15.82%12.68%9.98%9.66%
DIIs5.77%5.77%8.56%6.67%7.61%5.34%3.83%8.31%12.46%15.62%18.46%18.60%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.07%0.07%0.07%0.10%0.12%
Public6.21%6.21%6.17%7.23%7.07%7.51%8.36%5.65%5.40%5.36%5.20%5.37%
No. of shareholders1,38,9681,38,9681,26,2911,75,9222,03,1332,96,4394,82,1334,48,9754,34,8235,05,5574,69,6244,79,265
Change since Jun 2023 (pp)
Promoters −1.80FIIs −10.32DIIs +12.83Public −0.84

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Newspaper PublicationQuarterly Update - Q2 FY 2026-27Announcement under Regulation 30 (LODR)-Scheme of ArrangementAnnouncement under Regulation 30 (LODR)-Scheme of Arrangement
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 17 Jul 2026
17 Jul 2026DIVIDENDDividend - Rs 5.50 Per Share—
7 Nov 2025DIVIDENDInterim Dividend - Rs 2.75 Per Share—
18 Jul 2025DIVIDENDDividend - Rs 5.25 Per Share—
8 Nov 2024DIVIDENDInterim Dividend - Rs 2.75 Per Share—
19 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 2.75 Per Share—
10 Nov 2023DIVIDENDInterim Dividend - Rs 2.75 Per Share—
21 Jul 2023DIVIDENDAnnual General Meeting/Dividend- Rs 2.70 Per Share—
3 Nov 2022DIVIDENDInterim Dividend - Rs 2.5 Per Share—
21 Jul 2022DIVIDENDAnnual General Meeting/Dividend - Rs 2.70 Per Share—
11 Nov 2021DIVIDEND Interim Dividend - Rs 2.50 Per Share—
29 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 3 Per Share—
11 Nov 2020DIVIDEND Interim Dividend - Rs 1.75 Per Share—
13 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 1.60 Per Share—
13 Nov 2019DIVIDEND Interim Dividend - Rs 1.40 Per Share—
7 Aug 2019DIVIDEND Annual General Meeting/Dividend - Rs 1.50 Per Share—
9 Nov 2018DIVIDEND Interim Dividend - Rs 1.25 Per Sh—
4 Jul 2018DIVIDEND Annual General Meeting/ Final Dividend- Rs 1.25 Per Share/ Special Dividend- Rs 5 Per Share—
7 Nov 2017DIVIDEND Interim Dividend - Rs 1.25 Per Share (Purpose Revised)—
5 Jul 2017DIVIDEND Annula General Meeting/Dividend - Re 1/- Per Share—
3 Nov 2016DIVIDEND Interim Dividend Rs 1.25 Per Share—
29 Jun 2016DIVIDEND Annual General Meeting/ Dividend - Re 1/- Per Share—
5 Nov 2015DIVIDEND Interim Dividend - Rs 1.25/- Per Share (Purpose Revised)—
29 Jun 2015DIVIDENDAnnual General Meeting/ Dividend - Re 0.75/- Per Share—
19 Sep 2014DIVIDENDInterim Dividend Rs.1.25 Per Share (Purpose Revised)—
27 Jun 2014DIVIDENDAnnual General Meeting / Final Dividend - Re 1/- Per Share—
5 Nov 2013DIVIDENDInterim Dividend Re.0.75 Per Share (Purpose Revised)—
21 Jun 2013DIVIDENDAnnual General Meeting / Final Dividend Re.0.85/- Per Equity Share—
31 Oct 2012DIVIDENDInterim Dividend Re.0.65 Per Share (Purpose Revised)—
27 Jun 2012DIVIDENDAnnual General Meeting And Dividend Re.0.75 Per Share—
4 Nov 2011DIVIDENDInterim Dividend Re.0.55 Per Share (Purpose Revised)—
29 Jun 2011DIVIDENDAnnual General Meeting And Dividend - Re. 0.65 Per Share—
2 Nov 2010DIVIDENDInterim Dividend-Re.0.50 Per Share (Purpose Revised)—
8 Sep 2010BONUSBonus 1:1—
3 Aug 2010DIVIDENDAnnual General Meeting And Final Dividend Rs.1.25 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman