Dabur India - 4QFY21 - Result Update by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On Dabur India - 4QFY21 - Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, Dabur India Ltd (DIL) reported revenue of ~Rs2,337cr (up ~25% YoY) on back of strong volume growth ( up ~25%) in domestic business and healthy growth in international business . Dabur's International Business continued to move ahead on the growth trajectory with a 19.4% jump in INR terms and 21% in Constant Currency terms. The Dubai business grew by over 25%, while the Egypt business was up nearly 24% and the SAARC business posted a growth of 29%.On the EBITDA front, the company has reported Rs442cr and EBITDA margin at 18.9%, which is up by 5bps yoy. On the bottom-line front, PAT grew by ~34% to Rs377cr. Overall 4Q results were in line with expectation. Hence, we are positive on stock.
Above views are of the author and not of the website kindly read disclaimer
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