Rising input cost inflation
Inflation expected to rise to ~5% in FY26, impacting gross margins if not fully offset by price increases.
DABUR / Q3-FY25 / risks
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Dabur · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Intense competition in beverages from cola wars
Campa Cola's aggressive pricing and trade margins are pressuring Dabur's nectar portfolio, especially in out-of-home consumption.
Slowdown in urban demand
Urban consumption growth has moderated to ~5%, impacting categories like juices and healthcare supplements.
Potential rural demand reversal due to food inflation
High food inflation (~8%) could shift rural spending away from discretionary FMCG, impacting rural growth momentum.