DABUR / Q2-FY26 / claim-ledger

Audit the questions that mattered.

Dabur · Analyst questions, management answers, and the quality of the response where the ledger is available.

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WatchQ2-FY26 · 2025-10-30Back to quarter ↗

Questions audited

Answered directly

79%

Numeric claims

Consistency

contradicted

Question ledger

What was answered, and how?

Abneesh Roy · Nuama Wealth Management

direct

GST volume impact in Q2 and October disruption

GST impact is in the range of around INR 100 crore, give or take for us, which is in the range of around 3%-4% for us. ... There will be a carry forward impact in the month of October, and I think first 15, 16 days of October will also be impacted.

Abneesh Roy · Nuama Wealth Management

direct

GST cut benefit categories and LUP percentage

LUP for us contribute to around 27% of the overall business where we are doing grammar increases. ... The categories which I think will get negatively impacted first of all would be oral care in my view, I think that will be a big upside.

Abneesh Roy · Nuama Wealth Management

partial

Beverages competition with Campa Cola and dealer incentives

With the GST production, the RPI is coming down. Therefore the juices will become more affordable relative to the beverages. ... We also have greased up the trade in terms of the incentives that we are giving and we hope that we be able to bridge the gap not totally, but to a certain extent.

Abneesh Roy · Nuama Wealth Management

partial

Toothpaste LUP, inverted duty structure impact

Overall, oral care category has been growing. ... We've gained market share, the 60 basis points. ... As far as the input tax credit, I will ask Ankush to take that question.

Mihir Shah · Nomura

evasive

Volume improvement post mid-October due to GST reduction

A little bit of improvement will be there due to the festive season. I think it's still a wait and watch situation. ... Still, a little bit of issues are there as far as the old prices are concerned with the trade.

Mihir Shah · Nomura

direct

Chyawanprash sales performance and recovery steps

I think Chyawanprash has got impacted a couple of years due to the season, and the winter season has been contracted. ... A lot of initiatives happening on Chyawanprash.

Mihir Shah · Nomura

direct

Winter portfolio loading timing and Q3/Q4 sales expectation

Winter loading actually got pushed out because GST transitions were happening from quarter 2 to quarter 3. ... If the winter is going to be harsh, we expect this quarter to be good relatively.

Mihir Shah · Nomura

direct

Dabur Ventures categories and investment outlay

The INR 500 crore outlay that we kept for the next couple of years, and the INR 500 crore is meant for digital-first brands. ... We'll be flexible on it in the company wherein we will be allocating capital.

Percy Panthaki · IIFL Securities

direct

Distributor days as of 30th September

The distributor days as of 30th September is around 22 days.

Percy Panthaki · IIFL Securities

partial

Two-year CAGR performance and growth expectation

Besides the GST impact, firstly there's been other impact on the weather. ... These macros actually kind of suppressed the business growth.

Prakash Kapadia · Kapadia Financial Services

direct

Business outlook, rural/urban demand, and unorganized shift

For the balance of the year we look at mid- to high-single-digit growth backed by low to mid volume growth. ... That's the kind of guidance that we are looking at going forward for the next half of the year.

Alay Mehta · Macquarie Capital

direct

Guidance clarification and upside risk to mid-high single digit

I'm giving you a kind of a mid to high to be not faltering here, but a high single is what we should be achieving. ... a high single digit should look quite possible for us and backed by mid single volume growth.