Dabur India Ltd Stock/Share Price, Latest BSE/NSE Dabur India Ltd Financial Summary at www.indiainfoline.com

Y/e 31 Mar	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Growth matrix (%)
Revenue growth	9.93	12.50	1.42	(3.20)
Op profit growth	11.70	10.80	7.19	(0.60)
EBIT growth	11.20	6.62	5.78	3.88
Net profit growth	17.20	6.69	6.07	2.06
Profitability ratios (%)
OPM	21	20.60	20.90	19.80
EBIT margin	21.90	21.60	22.80	21.90
Net profit margin	17.70	16.60	17.50	16.80
RoCE	26.70	26.60	27.60	30.10
RoNW	5.93	5.87	6.42	7.08
RoA	5.40	5.12	5.30	5.77
Per share ratios ()
EPS	9.59	8.19	7.71	7.27
Dividend per share	4.75	3	6.25	2.25
Cash EPS	8.22	6.93	6.77	6.44
Book value per share	43.40	37.40	32.40	27.50
Valuation ratios
P/E	56.40	55	42.40	38.10
P/CEPS	65.80	65	48.30	43
P/B	12.50	12	10.10	10.10
EV/EBIDTA	40.70	37.80	30.30	27.40
Payout (%)
Dividend payout	18.30	20.60	97.50	17.20
Tax payout	(18)	(15)	(20)	(21)
Liquidity ratios
Debtor days	26.30	31.90	32.10	35
Inventory days	59.50	55.40	55.80	52.80
Creditor days	(83)	(77)	(82)	(75)
Leverage ratios
Interest coverage	(68)	(38)	(33)	(31)
Net debt / equity	(0.10)	--	0.11	0.14
Net debt / op. profit	(0.40)	(0.20)	0.39	0.44
Cost breakup ()
Material costs	(50)	(50)	(49)	(49)
Employee costs	(11)	(11)	(10)	(10)
Other costs	(18)	(18)	(19)	(20)

Y/e 31 Mar( In .Cr)	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Revenue	9,547	8,685	7,722	7,614
yoy growth (%)	9.93	12.50	1.42	(3.20)
Raw materials	(4,774)	(4,341)	(3,820)	(3,755)
As % of sales	50	50	49.50	49.30
Employee costs	(1,033)	(948)	(793)	(790)
As % of sales	10.80	10.90	10.30	10.40
Other costs	(1,737)	(1,603)	(1,492)	(1,560)
As % of sales	18.20	18.50	19.30	20.50
Operating profit	2,003	1,792	1,617	1,509
OPM	21	20.60	20.90	19.80
Depreciation	(240)	(220)	(162)	(143)
Interest expense	(31)	(50)	(53)	(54)
Other income	325	305	305	298
Profit before tax	2,057	1,828	1,708	1,610
Taxes	(361)	(280)	(335)	(330)
Tax rate	(18)	(15)	(20)	(21)
Minorities and other	(1.70)	(3)	(3.40)	(3.40)
Adj. profit	1,694	1,545	1,369	1,277
Exceptional items	--	(100)	(15)	--
Net profit	1,693	1,445	1,354	1,277
yoy growth (%)	17.20	6.69	6.07	2.06
NPM	17.70	16.60	17.50	16.80

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Revenue	7,185	6,310	5,592	5,291
yoy growth (%)	13.90	12.80	5.70	(2.40)
Raw materials	(3,697)	(3,245)	(2,903)	(2,780)
As % of sales	51.50	51.40	51.90	52.50
Employee costs	(656)	(578)	(461)	(425)
As % of sales	9.13	9.16	8.25	8.04
Other costs	(1,273)	(1,106)	(1,000)	(974)
As % of sales	17.70	17.50	17.90	18.40
Operating profit	1,559	1,381	1,229	1,111
OPM	21.70	21.90	22	21
Depreciation	(143)	(130)	(103)	(75)
Interest expense	(9.10)	(19)	(22)	(16)
Other income	277	277	283	275
Profit before tax	1,683	1,508	1,388	1,294
Taxes	(301)	(238)	(301)	(296)
Tax rate	(18)	(16)	(22)	(23)
Minorities and other	--	--	--	--
Adj. profit	1,382	1,270	1,087	998
Exceptional items	--	(100)	(15)	--
Net profit	1,382	1,170	1,072	998
yoy growth (%)	18.10	9.17	7.38	6.52
NPM	19.20	18.50	19.20	18.90

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Profit before tax	2,057	1,828	1,708	1,610
Depreciation	(240)	(220)	(162)	(143)
Tax paid	(361)	(280)	(335)	(330)
Working capital	820	641	306	95.70
Other operating items	--	--	--	--
Operating cashflow	2,275	1,969	1,516	1,233
Capital expenditure	1,845	1,485	913	430
Free cash flow	4,121	3,454	2,429	1,663
Equity raised	7,323	6,777	7,420	6,098
Investments	3,740	2,318	2,877	2,164
Debt financing/disposal	669	745	966	825
Dividends paid	309	247	1,321	220
Other items	--	--	--	--
Net in cash	16,161	13,541	15,013	10,970

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Equity capital	177	177	177	176
Preference capital	--	--	--	--
Reserves	7,487	6,429	5,455	5,530
Net worth	7,664	6,606	5,632	5,707
Minority interest
Debt	509	522	699	938
Deferred tax liabilities (net)	145	147	126	127
Total liabilities	8,354	7,311	6,488	6,797
Fixed assets	2,390	2,399	2,033	2,070
Intangible assets
Investments	4,160	2,800	3,359	3,805
Deferred tax asset (net)	149	151	103	17.80
Net working capital	326	1,149	666	599
Inventories	1,734	1,380	1,301	1,256
Inventory Days	66.30	58	--	59.40
Sundry debtors	562	814	834	706
Debtor days	21.50	34.20	--	33.40
Other current assets	654	1,128	583	559
Sundry creditors	(1,938)	(1,501)	(1,462)	(1,422)
Creditor days	74.10	63.10	--	67.20
Other current liabilities	(686)	(671)	(590)	(499)
Cash	1,329	811	328	306
Total assets	8,354	7,311	6,488	6,797

Select Period

Particulars ( Rupees In Crores.)	Mar-2021	Dec-2020	Sep-2020	Jun-2020	Mar-2020
Gross Sales	2,337	2,729	2,516	1,980	1,865
Excise Duty	--	--	--	--	--
Net Sales	2,337	2,729	2,516	1,980	1,865
Other Operating Income	--	--	--	--	--
Other Income	85	80.90	87.60	71.80	75.80
Total Income	2,422	2,810	2,604	2,052	1,941
Total Expenditure **	1,895	2,155	1,947	1,563	1,533
PBIDT	527	655	657	488	408
Interest	8.63	6.86	7.49	7.83	8.56
PBDT	518	648	649	481	399
Depreciation	66.60	57.20	59.60	56.70	58.80
Minority Interest Before NP	--	--	--	--	--
Tax	221	99.10	105	79.30	223
Deferred Tax	(147)	(1.60)	1.28	3.21	(164)
Reported Profit After Tax	377	494	483	341	282
Minority Interest After NP	(0.50)	1.48	1.18	(0.50)	0.43
Net Profit after Minority Interest	378	492	482	342	281
Extra-ordinary Items	--	--	--	--	(6.90)
Adjusted Profit After Extra-ordinary item	378	492	482	342	288
EPS (Unit Curr.)	2.14	2.78	2.73	1.93	1.59
Book Value (Unit Curr.)	--	--	--	--	--
Dividend (%)	--	--	175	--	--
Equity	177	177	177	177	177
Public Shareholding (Number)	--	--	--	--	--
Public Shareholding (%)	--	--	--	--	--
Pledged/Encumbered - No. of Shares	--	--	--	--	--
Pledged/Encumbered - % in Total Promoters Holding	--	--	--	--	--
Pledged/Encumbered - % in Total Equity	--	--	--	--	--
Non Encumbered - No. of Shares	--	--	--	--	--
Non Encumbered - % in Total Promoters Holding	--	--	--	--	--
Non Encumbered - % in Total Equity	--	--	--	--	--
PBIDTM(%)	22.50	24	26.10	24.70	21.90
PBDTM(%)	22.20	23.80	25.80	24.30	21.40
PATM(%)	16.10	18.10	19.20	17.20	15.10