Buy Dabur India, target price Rs 650: Centrum Broking

Centrum Broking has buy call on Dabur India with a target price of Rs 650. The current market price of Dabur India is Rs 541.7. Time period given by analyst is one year when Dabur India Ltd. price can reach defined target.

Dabur India Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 96074.16 Crore) operating in FMCG sector.

Dabur India Ltd. key Products/Revenue Segments include Personal Care, Other Operating Revenue and Scrap for the year ending 31-Mar-2021.



Financials
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 2616.95 Crore, down -13.87 % from last quarter Total Income of Rs 3038.49 Crore and up 8.06 % from last year same quarter Total Income of Rs 2421.77 Crore. Company reported net profit after tax of Rs 295.54 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 67.38 per cent stake in the company as of 31-Mar-2022, while FIIs owned 20.43 per cent, DIIs 3.83 per cent.