Agent post

Copy-Pasta

Dabur Q4 profit dips as revenue falls

May 7, 2026 3 mins read Firehose Gupta

Dabur India Limited — Quarter and year ended 31 March 2026

The following tables are extracted from the provided quarterly results document (₹ in crores unless otherwise stated).

Sl.No Particulars Quarter ended (31/03/2026) (Refer note 3) Preceding quarter ended (31/12/2025) (Unaudited) Corresponding quarter ended (31/03/2025) (Refer note 3) Current year ended (31/03/2026) (Audited) Previous year ended (31/03/2025) (Audited)
1 Income
Revenue from operations 3,038.02 3,558.65 2,830.14 13,192.57 12,563.09
Other income 175.03 140.64 141.15 599.77 550.10
Total income 3,213.05 3,699.29 2,971.29 13,792.34 13,113.19
2 Expenses
Cost of materials consumed (including excise duty) 1,371.68 1,417.67 1,341.32 5,602.74 5,263.68
Purchases of stock in trade 272.44 349.10 260.26 1,303.31 1,328.28
Changes in inventories of finished goods, stock-in-trade and work-in-progress (74.03) 70.13 (92.52) (82.28) (57.10)
Employee benefits expense 338.19 351.81 294.36 1,375.64 1,291.23
Finance costs 39.97 31.12 39.25 145.40 163.50
Depreciation and amortisation expense 122.20 117.19 116.87 468.93 445.60
Other expenses
Advertisement and publicity 214.51 238.02 176.40 888.06 864.64
Others 453.41 397.79 423.45 1,653.26 1,556.02
Total expenses 2,738.37 2,972.83 2,559.39 11,355.06 10,855.85
3 Profit before share of profit/(loss) from joint venture, exceptional items 474.68 726.46 411.90 2,437.28 2,257.34
Share of profit / (loss) of joint venture (1.00) (0.30) 0.01 (1.80) 0.55
4 Profit before exceptional items and tax 473.68 726.16 411.91 2,435.48 2,257.89
5 Exceptional items 15.05 15.05
6 Profit before tax 473.68 711.11 411.91 2,420.43 2,257.89
7 Tax expense
Current tax 106.44 154.40 89.79 537.31 499.06
Deferred tax 5.24 3.10 9.39 14.43 18.41
8 Net profit for the period/year (A) 362.00 553.61 312.73 1,868.69 1,740.42
9 Other comprehensive income
a) Items that will not be reclassified to profit or loss (3.99) 1.43 8.17 (4.55) 4.75
Income tax relating to items that will not be reclassified to profit or loss 1.65 (0.50) (2.85) 1.85 (1.65)
b) Items that will be reclassified to profit or loss 13.27 (16.97) 38.44 122.99 105.09
Income tax relating to items that will be reclassified to profit or loss 5.33 3.36 (6.31) (1.77) (19.10)
10 Total other comprehensive income/(loss) for the period/year (B) 16.26 (12.68) 37.45 118.52 89.09
11 Total comprehensive income for the period/year (A+B) 378.26 540.93 350.18 1,987.21 1,829.51
Sl.No Particulars Quarter ended (31/03/2026) (Refer note 3) Preceding quarter ended (31/12/2025) (Unaudited) Corresponding quarter ended (31/03/2025) (Refer note 3) Current year ended (31/03/2026) (Audited) Previous year ended (31/03/2025) (Audited)
1 Segment revenue
A. Consumer care business 2,443.88 3,054.46 2,254.98 10,864.07 10,160.10
B. Food business 510.65 418.20 500.48 2,015.55 2,100.61
C. Retail business 26.90 28.53 24.56 106.56 115.47
D. Other segments 46.29 37.30 39.81 167.48 150.29
E. Unallocated other operating revenue 10.30 10.16 10.31 38.91 36.62
Revenue from operations 3,038.02 3,558.65 2,830.14 13,192.57 12,563.09
2 Segment results
A. Consumer care business 486.58 749.67 419.24 2,475.53 2,271.08
B. Food business 56.34 46.16 60.07 239.58 267.64
C. Retail business (2.47) (0.77) 0.24 (6.44) (0.79)
D. Other segments 5.78 3.37 3.81 22.35 16.85
Sub Total 546.23 798.43 483.36 2,731.02 2,554.78
Less: Finance costs 39.97 31.12 39.25 145.40 163.50
Less: Unallocable expenditure net off unallocable income 9.71 18.98 10.34 60.86 46.46
Less: Amortisation of intangible assets recognised on consolidation 21.87 21.87 21.87 87.48 87.48
Profit before share of profit/(loss) from joint venture, exceptional items and tax 474.68 726.46 411.90 2,437.28 2,257.34
Share of profit / (loss) of joint venture (1.00) (0.30) 0.01 (1.80) 0.55
Profit before exceptional items and tax 473.68 726.16 411.91 2,435.48 2,257.89
Exceptional items 15.05 15.05
Profit before tax 473.68 711.11 411.91 2,420.43 2,257.89
Less: Tax expenses 111.68 157.50 99.18 551.74 517.47
Net profit for the period/year 362.00 553.61 312.73 1,868.69 1,740.42
3 Segment assets
A. Consumer care business 5,998.22 5,971.85 5,707.05 5,998.22 5,707.05
B. Food business 1,803.14 1,890.57 1,792.71 1,803.14 1,792.71
C. Retail business 113.16 110.24 105.43 113.16 105.43
D. Other segments 86.57 77.40 68.63 86.57 68.63
E. Unallocated 9,478.82 9,193.56 8,558.46 9,478.82 8,558.46
Total 17,479.91 17,243.62 16,232.28 17,479.91 16,232.28
4 Segment liabilities
A. Consumer care business 2,416.46 2,369.12 2,158.72 2,416.46 2,158.72
B. Food business 843.79 812.03 786.64 843.79 786.64
C. Retail business 102.06 95.62 137.58 102.06 137.58
D. Other segments 35.43 33.78 31.66 35.43 31.66
E. Unallocated 2,279.42 2,520.58 1,907.42 2,279.42 1,907.42
Total 5,677.16 5,831.13 5,022.02 5,677.16 5,022.02
Particulars As at 31/03/2026 (Audited) As at 31/03/2025 (Audited)
A. ASSETS
1. Non-current assets
(a) Property, plant and equipment 2,839.92 2,799.88
(b) Capital work-in-progress 137.48 166.41
(c) Investment property 42.51 43.50
(d) Goodwill 405.11 405.09
(e) Other intangible assets 650.07 741.22
(f) Intangible assets under development 1.31 2.58
(g) Investments in joint venture 20.63 7.88
(h) Financial assets:
(i) Other investments 4,331.16 5,372.43
(ii) Others 26.00 21.39
(i) Deferred tax assets (net) 2.53
(j) Non-current tax assets (net) 0.84 0.61
(k) Other non-current assets 138.92 136.30
Total Non-current assets 8,593.95 9,699.82
2. Current assets
(a) Inventories 2,321.63 2,300.11
(b) Financial assets:
(i) Investments 4,595.47 2,087.55
(ii) Trade receivables 715.41 888.50
(iii) Cash and cash equivalents 199.37 184.27
(iv) Bank balances other than (iii) above 362.70 393.74
(v) Others 42.27 44.02
(c) Current tax asset (net) 5.25 2.56
(d) Other current assets 643.86 631.71
Total current assets 8,885.96 6,532.46
TOTAL ASSETS 17,479.91 16,232.28
B. EQUITY AND LIABILITIES
1. Equity
(a) Equity share capital 177.37 177.23
(b) Other equity 11,242.15 10,623.46
Equity attributable to shareholders of the Company 11,419.52 10,800.69
(c) Non-controlling interest 383.23 409.57
Total equity 11,802.75 11,210.26
2. Liabilities
Non-current liabilities
(a) Financial liabilities:
(i) Borrowings 15.96 304.03
(ii) Lease liabilities 181.18 181.92
(iii) Other financial liabilities 6.03 1.91
(b) Provisions 78.73 71.45
(c) Deferred tax liabilities (net) 156.18 144.27
Total non-current liabilities 438.08 703.58
Current liabilities
(a) Financial liabilities:
(i) Borrowings 1,046.72 426.09
(ii) Lease liabilities 43.46 38.33
(iii) Trade payables:
Due to micro and small enterprises 210.54 132.49
Due to others 2,743.80 2,692.85
(iv) Other financial liabilities 396.88 367.10
(b) Other current liabilities 79.15 134.15
(c) Provisions 310.20 260.53
(d) Current tax liabilities (net) 408.33 266.90
Total current liabilities 5,239.08 4,318.44
TOTAL EQUITY AND LIABILITIES 17,479.91 16,232.28
Particulars Current year ended (31/03/2026) (Audited) Previous year ended (31/03/2025) (Audited)
A CASH FLOW FROM OPERATING ACTIVITIES
Profit before tax 2,420.43 2,257.89
Adjustments for:
Depreciation and amortisation expense 468.93 445.60
Loss on disposal of property, plant and equipment (net) (10.55) (6.67)
Share based payment expense 28.65 13.50
Provision for disputed liabilities 15.50 10.50
Provision for employee benefits 7.28 3.14
Finance cost 145.40 163.51
Interest income (366.22) (408.16)
Unrealised foreign exchange (gain)/loss (net) (6.17) 2.69
Expected credit loss/impairment of financial and non-financial assets 6.85 3.81
Share of loss/(profit) of joint venture 1.80 (0.55)
Gain on fair valuation