DABUR INDIA LIMITED
 |
| SUNIL DUGGAL |
FINANCIAL RESULTS
Q2 FY 2013 (SEP,
2012)
Dabur India Ltd (DIL)has released the RESULTS for the quarter ending Sep.2012.
RESULTS TABLE
DABUR INDIA-CONSOL
|
Q2FY13(Rs. lakhs)
|
%DIF QoQ
|
Q1FY13
|
Q2 FY12
|
%DIF YoY
|
FY12 TOTAL
|
Net sales
|
152260
|
4.15
|
146197
|
126233
|
20.62
|
528317
|
Other operating income
|
492
|
-49.43
|
973
|
835
|
-41.08
|
2225
|
Total income
|
152752
|
3.79
|
147170
|
-6299
|
-2525.02
|
530542
|
Cost of materials
|
54879
|
-12.61
|
62796
|
58563
|
-6.29
|
227880
|
Purchases of stock-in-trade
|
12373
|
-15.01
|
14558
|
10827
|
14.28
|
50943
|
changes in inventories
of FG,SIT,WIP
|
7994
|
-290.79
|
-4190
|
#DIV/0!
|
-10305
|
|
Employee expense
|
12118
|
14.11
|
10620
|
10143
|
19.47
|
38742
|
Depreciation
|
2702
|
1.2
|
2670
|
1751
|
54.31
|
10324
|
Other expenses
|
38454
|
-8.01
|
41802
|
29763
|
29.2
|
134265
|
Total expenses
|
128520
|
0.21
|
128256
|
104748
|
22.69
|
451849
|
Profit from operations
|
24232
|
28.12
|
18914
|
22320
|
8.57
|
78693
|
Other income
|
2256
|
-7.77
|
2446
|
1056
|
113.64
|
5740
|
Finance costs
|
1488
|
-30.01
|
2126
|
1720
|
-13.49
|
5384
|
Profit before tax
|
25000
|
29.98
|
19234
|
21656
|
15.44
|
79049
|
Tax expense
|
4642
|
22.9
|
3777
|
4271
|
8.69
|
14638
|
Net Profit
|
20366
|
36.1
|
14964
|
17385
|
17.15
|
64411
|
Cons. Net Profit
|
20237
|
35.46
|
14940
|
17386
|
16.4
|
64489
|
Face Value (in Rs.)
|
1
|
0
|
1
|
1
|
0
|
1
|
Paid-up equity
|
17439
|
0.06
|
17428
|
17420
|
0.11
|
17421
|
Basic Eps
|
1.17
|
31.46
|
0.89
|
1
|
17
|
3.7
|
Diluted EPS
|
1.16
|
31.82
|
0.88
|
0.99
|
17.17
|
3.68
|
- Percentage of
shareholding
|
31.34
|
31.33
|
31.3
|
0.13
|
31.31
|
A combination of innovation, relentless market
development initiatives and stronger growth across key categories like Health
Supplements, Shampoos, Foods, Skin Care and Home Care helped India's leading natural
health & personal care company Dabur India Ltd report a 20.6% growth in its
Consolidated Net Sales in the second quarter of the 2012-13 financial year.
The company recorded Net Sales of Rs 1,522.60 Crore in
the second quarter this fiscal as against Rs 1,262.33 Crore in the same quarter
a year earlier.
Dabur India Ltd's consolidated Net Profit for the second
quarter of 2012-13 marked a 16.4% surge to Rs 202.37 Crore, up from Rs 173.86
Crore a year earlier.
"The rising
cost pressures were managed through a mix of judicious price increases and
improved buying efficiencies. Despite signs of an economic downturn and
increased competitive intensity in the market, Dabur India Ltd has maintained
strong growth momentum and continues to register sales growth ahead of the
market in several key categories. We remain on course to strengthen our brand
portfolio, improve our competitiveness in the market place and deliver
profitable growth," Dabur India Ltd Chief Executive Officer Mr. Sunil
Duggal said.
Category-Wise Growth
The Shampoo category continued to move forward on its
strong growth trajectory and ended the quarter with a 40.2% growth, while the
Skin Care business reported a near 25% growth. The Home Care business ended the
quarter with a 23% growth while the Health Supplements business grew by 15.7%.
The quarter saw Dabur launch a host of new products and
variants across geographies, all of which have received good response.
Dabur's International Business recorded a growth of
24.8% during the second quarter, led by robust performance in GCC, Egypt and
Nigeria. "Hair Care and Toothpastes were the key growth drivers for Dabur
in the international markets," Dabur India Ltd Group Director Mr. P D
Narang said.
Dividend
Dabur India Ltd has declared an interim dividend of 65%
for 2012-13. "Continuing with our payout policy, the Board has declared an
interim dividend of Re 0.65 per share, aggregating to a total payout of Rs
131.67 Crore," Dabur India Ltd Chairman Dr. Anand Burman said.
Dabur has performed very well in the quarter with both
sales and profits surging up very well. Future seems equally bright for the
company.
EPS for FY 13 can be around Rs.5. Current Market price
is around Rs.135. So, PE Ratio is around 27. Considering its Potential, the
price is reasonable. Dabur is good Buy for Medium / long term investors.
Dabur has been a liberal distributor of Bonus shares and also of Dividends in the Past.
Dabur has been a liberal distributor of Bonus shares and also of Dividends in the Past.
52 week high/low price : 138.90/92.00.
About Dabur India
Ltd
Dabur India Limited is one of India's leading FMCG
Companies. Building on a legacy of quality and experience for 127 years, Dabur
is today India's one of the most trusted names and the world's largest
Ayurvedic and Natural Health Care Company. Dabur India's FMCG portfolio today
includes five flagship brands with distinct brand identities -- Dabur as the
master brand for natural healthcare products, Vatika for premium personal care,
Hajmola for digestives, Réal for fruit-based beverages, and Fem for fairness
bleaches & skin care.
* * *
E N D * * *
