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DABUR Diversified 31 Oct 2023

Dabur India Limited — Q2 FY24

Dabur's Q2 FY24 consolidated revenue grew 7.3% YoY to INR 3,204 crore, with constant currency growth of 10.4%.

neutral medium
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Revenue ₹3,204 Cr +7.3%
EBITDA
PAT ₹507 Cr +14.1%
EBITDA Margin
Duration
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Namaste LLC litigation costs and business impact

Ongoing multi-district litigation in US against hair relaxer industry could result in continued legal costs (~INR 20 crore/quarter for ~2 years) and potential revenue loss from relaxer portfolio (25% of Namaste's $45-50M business).

high · management_commentary
R

Middle East conflict escalation

If the Israel-Hamas war spreads to the broader region, Dabur's international business (MENA region grew 18.4% in Q2) could be adversely impacted.

medium · management_commentary
R

South India rural weakness and credit issues

South India rural market is lagging due to poor monsoon and credit extension issues, with inventory build-up and delayed payments affecting business.

medium · management_commentary
R

Beverage business competitive pressure

New entrant Storia in coconut water impacted Dabur's market share in modern trade; recovery depends on aseptic PET bottle capex (INR 30-40 crore) which may take time to yield results.

medium · analyst_question