Dabur India (DABUR IN) – Q1FY27 Result Update – Healthy outlook, valuations limit major downside – HOLD
Published on 29 Jul 2026
Dabur is confident to achieve double digit top line with sustained margin guidance on consol level led by healthy bounce back in most segments, strong growth in rural markets which continue to outpace urban markets and new initiatives and innovations. However Super El Nino & current geopolitical scenario has the potential to disrupt growth in both India and ME. Dabur is indicating upping the ante on acquisitions, however actual execution needs to be watched out for.
We estimate a CAGR of 10.1% in Sales and 11.3% in EPS over FY27-28. Dabur trades at 32.6xFY28 EPS, which limits major downside in stock. Sustained double digit growth and success in D2C acquisitions remains key to re-rating of stock in LT. Retain Hold.
