Agencies Securities has add call on with a target price of Rs 565. The current market price of . is Rs 549.1.
Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 97278.67 Crore) operating in FMCG sector.
Dabur India Ltd. key Products/Revenue Segments include Personal Care, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 3109.77 Crore, up 6.39 % from last quarter Total Income of Rs 2922.98 Crore and up 6.13 % from last year same quarter Total Income of Rs 2930.02 Crore. Company reported net profit after tax of Rs 491.20 Crore in latest quarter.
Investment Rationale
With an improvement in margin trajectory, the brokerage expects to continue its outperformance. It values the stock at 42x P/E on Sep-24E EPS to derive a target price of INR 565.
Promoter/FII Holdings
Promoters held 67.24 per cent stake in the company as of 30-Sep-2022, while FIIs owned 20.23 per cent, DIIs 6.43 per cent.
Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 97278.67 Crore) operating in FMCG sector.
Dabur India Ltd. key Products/Revenue Segments include Personal Care, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 3109.77 Crore, up 6.39 % from last quarter Total Income of Rs 2922.98 Crore and up 6.13 % from last year same quarter Total Income of Rs 2930.02 Crore. Company reported net profit after tax of Rs 491.20 Crore in latest quarter.
Investment Rationale
With an improvement in margin trajectory, the brokerage expects to continue its outperformance. It values the stock at 42x P/E on Sep-24E EPS to derive a target price of INR 565.
Promoter/FII Holdings
Promoters held 67.24 per cent stake in the company as of 30-Sep-2022, while FIIs owned 20.23 per cent, DIIs 6.43 per cent.
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