Dabur India reported consolidated revenue from operations of ₹3,563.07 crore in Q2 FY27, up 11.7% year on year (YoY). Profit after tax (PAT) attributable to owners of the company increased 11.7% to ₹505.50 crore, while total PAT rose 12.1% to ₹498.57 crore. The quarter ended on 30 September 2026.
Dabur’s Q2 FY27 Earnings
| Financial Metric | Q2 FY27 | Q2 FY26 | YoY Change |
|---|---|---|---|
| Consolidated revenue from operations | ₹3,563.07 crore | ₹3,191.32 crore | +11.7% |
| Consolidated total income | ₹3,734.96 crore | ₹3,331.45 crore | +12.1% |
| EBITDA | ₹645.82 crore | ₹573.12 crore | +12.7% |
| EBITDA margin | 18.1% | 18.0% | +10 basis points |
| Profit before tax | ₹645.52 crore | ₹573.02 crore | +12.7% |
| Profit after tax attributable to owners | ₹505.50 crore | ₹452.55 crore | +11.7% |
| Total profit after tax | ₹498.57 crore | ₹444.79 crore | +12.1% |
| Basic EPS | ₹2.85 | ₹2.55 | +11.8% |
Dabur’s consolidated revenue and PAT increased year on year, supported by growth across consumer care and food businesses. The EBITDA margin remained broadly stable at 18.1%, indicating effective cost management despite input-cost pressures.
The company reported no exceptional items in Q2 FY27, compared with an exceptional expense of ₹15.05 crore in the year-ago quarter.
Business Performance & Key Metrics
| Business / Operating Metric | Q2 FY27 | Previous Year / Period |
|---|---|---|
| Consumer care business revenue | ₹2,953.29 crore | ₹2,650.81 crore; +11.4% YoY |
| Food business revenue | ₹531.38 crore | ₹465.84 crore; +14.1% YoY |
| Retail business revenue | ₹26.77 crore | ₹24.97 crore; +7.2% YoY |
| Consumer care segment EBITDA | ₹658.86 crore | ₹595.18 crore; +10.7% YoY |
| Food segment EBITDA | ₹63.86 crore | ₹56.62 crore; +12.8% YoY |
| Operating margin | 17.75% | 18.43% in Q2 FY26 |
| Net profit margin | 13.99% | 13.94% in Q2 FY26 |
| Interim dividend | ₹3.50 per share | Declared for FY27 |
The consumer care business remained the largest revenue contributor, growing 11.4% YoY to ₹2,953.29 crore. The food business delivered faster growth of 14.1% YoY, while the retail business grew 7.2% YoY.
Dabur’s operating margin declined to 17.75% from 18.43% YoY, reflecting cost pressures. However, the net profit margin improved slightly to 13.99% from 13.94%, supported by stable operating performance.
Share Price Reaction After Q2 FY27 Results
| Results Metric | Value |
|---|---|
| Results announcement date | 4 November 2026 |
| Market reaction | To be assessed after trading and management commentary |
| Consolidated PAT | ₹505.50 crore |
| PAT growth YoY | +11.7% |
| Revenue growth YoY | +11.7% |
| Interim dividend | ₹3.50 per share |
The market response will reflect Dabur’s steady revenue and profit growth, stable margins and continued momentum in consumer care and food businesses. Investors will track volume growth, rural demand, input costs and margin recovery in the coming quarters.
Dabur vs Other FMCG Stocks
| Company | Revenue from Operations (Q2 FY27) | Revenue Growth YoY | PAT (Q2 FY27) | PAT Growth YoY |
|---|---|---|---|---|
| Dabur India | ₹3,563.07 crore | +11.7% | ₹505.50 crore | +11.7% |
| Hindustan Unilever | ₹18,037 crore | +14.8% | ₹2,790 crore | +3.9% |
| Marico | Results awaited | — | Results awaited | — |
| Godrej Consumer Products | Results awaited | — | Results awaited | — |
Dabur’s revenue growth of 11.7% was lower than Hindustan Unilever’s 14.8%, while its PAT growth of 11.7% was higher than HUL’s 3.9%. Both companies faced margin pressure, though Dabur maintained a relatively stable EBITDA margin.
Marico and Godrej Consumer Products had not released their Q2 FY27 results at the time of writing. Their figures should be added after their official quarterly results and BSE/NSE filings are published.
Dabur’s Quarterly Financial Performance
| Quarter | Revenue from Operations | EBITDA | PAT Attributable to Owners | Revenue Growth |
|---|---|---|---|---|
| Q2 FY27 | ₹3,563.07 crore | ₹645.82 crore | ₹505.50 crore | +11.7% YoY |
| Q1 FY27 | ₹3,764.39 crore | ₹756.15 crore | ₹590.88 crore | — |
| Q2 FY26 | ₹3,191.32 crore | ₹573.12 crore | ₹452.55 crore | — |
| H1 FY27 | ₹7,327.46 crore | ₹1,401.97 crore | ₹1,096.38 crore | +11.1% YoY |
Dabur reported a sequential decline in revenue and PAT in Q2 FY27 compared with Q1 FY27, reflecting seasonal factors and category-specific trends. However, the year-on-year comparison showed healthy growth across revenue and profitability.
For the first half of FY27, consolidated revenue rose 11.1% YoY to ₹7,327.46 crore, while PAT attributable to owners increased 13.4% to ₹1,096.38 crore.
Key Takeaways from Dabur Q2 FY27 Results
- Consolidated revenue from operations: ₹3,563.07 crore, up 11.7% YoY.
- EBITDA: ₹645.82 crore, up 12.7% YoY; EBITDA margin at 18.1%.
- PAT attributable to owners: ₹505.50 crore, up 11.7% YoY.
- Consumer care business: Revenue of ₹2,953.29 crore, up 11.4% YoY.
- Food business: Revenue of ₹531.38 crore, up 14.1% YoY.
- Interim dividend: ₹3.50 per share, with record date of 10 November 2026.
- Key metrics to track: Volume growth, rural demand, input costs, gross margin, advertising spend and performance of healthcare and home care categories.
Disclaimer
The information provided above is for informational and educational purposes only and should not be construed as investment advice, a recommendation to buy or sell Dabur India shares, or a guarantee of future performance. The financial results, operational metrics and industry comparisons are based on Dabur’s official unaudited consolidated financial results for the quarter ended 30 September 2026 and may be subject to revisions or updates. Investors should refer to Dabur’s official disclosures and BSE/NSE filings for the latest information.
