Accumulate Dabur India, target price Rs 609: Prabhudas Lilladher

Prabhudas Lilladher has accumulate call on Dabur India with a target price of Rs 609. The current market price of Dabur India is Rs 547.8.

Dabur India, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 97243.24 Crore) operating in FMCG sector.

Dabur India key Products/Revenue Segments include Personal Care, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 3109.77 Crore, up 6.39 % from last quarter Total Income of Rs 2922.98 Crore and up 6.13 % from last year same quarter Total Income of Rs 2930.02 Crore. Company has reported net profit after tax of Rs 491.20 Crore in latest quarter.

The company’s top management includes Mr.Amit Burman, Mr.Mukesh Butani, Mr.Ajit Mohan Sharan, Mrs.Falguni Sanjay Nayar, Mr.Saket Burman, Dr.Ajay Dua, Dr.S Narayan, Mr.R C Bhargava, Mr.P N Vijay, Mr.Mohit Malhotra, Mr.P D Narang, Mr.Mohit Burman, Mr.Aditya Burman. Company has Walker Chandiok & Co. LLP as its auditors. As on 30-09-2022, the company has a total of 177 Crore shares outstanding.

Promoter/FII Holdings
Promoters held 67.24 per cent stake in the company as of 30-Sep-2022, while FIIs owned 20.23 per cent, DIIs 6.43 per cent.