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DABUR - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.7

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.7

Stock Code DABUR Market Cap 80,047 Cr. Current Price 451 ₹ High / Low 577 ₹
Stock P/E 54.9 Book Value 41.0 ₹ Dividend Yield 1.77 % ROCE 24.6 %
ROE 19.6 % Face Value 1.00 ₹ DMA 50 496 ₹ DMA 200 507 ₹
Chg in FII Hold -0.83 % Chg in DII Hold 1.00 % PAT Qtr 451 Cr. PAT Prev Qtr 349 Cr.
RSI 30.1 MACD -15.3 Volume 26,42,886 Avg Vol 1Wk 20,31,541
Low price 420 ₹ High price 577 ₹ PEG Ratio -80.8 Debt to equity 0.07
52w Index 19.8 % Qtr Profit Var 7.93 % EPS 8.15 ₹ Industry PE 43.1

📊 Core Financials

  • Revenue Growth: PAT improved (₹451 Cr vs ₹349 Cr), showing healthy growth
  • Profit Margins: EPS ₹8.15, moderate profitability
  • Debt Ratio: Low leverage (Debt-to-Equity 0.07)
  • Cash Flows: Stable, supported by consistent consumer demand
  • Return Metrics: ROCE 24.6%, ROE 19.6% — strong efficiency

💹 Valuation Indicators

  • P/E Ratio: 54.9 (well above industry PE of 43.1, overvalued)
  • P/B Ratio: ~11.0 (premium valuation)
  • PEG Ratio: -80.8 (negative, weak growth outlook)
  • Intrinsic Value: Current price ₹451 is near support (₹420), offering cautious entry

🏢 Business Model & Competitive Advantage

  • Leading FMCG company with diversified portfolio in healthcare, personal care, and food
  • Strong brand recognition and distribution network across India
  • Low debt enhances financial resilience
  • Dividend yield of 1.77% adds shareholder value

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹430–₹460 range (near support levels)
  • Long-Term Holding: Attractive due to strong brand and consistent demand
  • Risk: Premium valuation and negative PEG ratio may limit short-term upside


✅ Positive

  • Strong ROE and ROCE indicate efficient capital use
  • Low debt ensures financial stability
  • Dividend yield of 1.77% provides steady returns

⚠️ Limitation

  • P/E ratio significantly higher than industry average
  • Negative PEG ratio indicates poor growth prospects
  • Stock trading below DMA 50 & DMA 200, showing weak momentum

📰 Company Negative News

  • Decline in FII holdings (-0.83%) shows reduced foreign investor confidence

🌟 Company Positive News

  • DII holdings increased (+1.00%), showing strong domestic investor support
  • PAT improved from ₹349 Cr to ₹451 Cr

🏦 Industry

  • FMCG sector with steady demand and defensive characteristics
  • Industry PE at 43.1, DABUR trades above this, showing premium valuation
  • Sector growth supported by rising consumer spending and rural penetration

🔎 Conclusion

  • DABUR offers stability with strong brand presence and low debt
  • Valuation is expensive compared to industry peers
  • Entry near ₹430–₹460 is favorable for long-term conservative investors
  • Best suited for portfolios seeking FMCG exposure with moderate risk tolerance

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