Dabur India Limited · NSE:DABUR
Dabur India — Q4 FY2019 Earnings Presentation
33 slides from Dabur India's earnings presentation, May 2, 2019
Slide 1: Exchange filing cover letter for investors communication
,,^te. ^p^ T^ur India Ltd. Date: May 2, 2019 Scrip Symbol: NSE- DABUR, BSE Scrip Code: 500096 To, Corporate Relation Department National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/l, G Block Bandra - Kurla Complex Dalal Street, Mumbai- 400001
Slide 2: Dabur India Limited Investor Presentation
Dabur India Limited Investor Presentation Quarter and Year ended 31st March 2019 1
Slide 3: Contents
Contents 1. FY19 – Overview 2. Q4 FY19 – Overview 3. Category Highlights – Q4 FY19 4. Consumer/ Marketing Initiatives 5. Product Launches 6. International Business 7. Final Dividend 8. Profit & Loss Statements 2
Slide 4: FY 2018-19 – Overview
FY 2018-19 – Overview 1 Consolidated revenue grew by 11.0%* to INR 8,533 crore 2 Domestic FMCG grew by 13%* backed by volume growth of 11% 3 International Business reported growth of 6.5% 4 Consolidated operating margin at 20.4% vs 20.9% last year Consolidated PAT increased by 6.5% to reach INR 1,44
Slide 5: FY 2018-19 – Consolidated Financials
FY 2018-19 – Consolidated Financials GST adjusted growth of 11.0% • Domestic business revenue grew by 13%* led by volume growth 8,533 of 11% Revenue 7,748 • Growth in International Business was 6.5% impacted by under performance of MENA markets and adverse currency movement in key markets FY18 FY19
Slide 6: FY 2018-19 – Business Overview
FY 2018-19 – Business Overview FY 2017-18 FY 2018-19 2.6% 2.3% 28.3% 27.4% 69.1% 70.2% Domestic International Others • Contribution of Domestic FMCG increased to 70.2% from 69.1% • International Business contributed 27.4% as compared to 28.3% in FY18 5
Slide 7: Domestic FMCG Growth – By Verticals – FY 2018-19
Domestic FMCG Growth – By Verticals – FY 2018-19 FY19 Sales Contribution 17.1% 32.3% Healthcare HPC Foods 50.6% Healthcare Home & Personal Care (HPC) Foods Growth: 14.7% Growth: 13.0% Growth: 8.1% 2,965 1,003 1,894 2,650 946 1,667 FY18 FY19 FY18 FY19 FY18 FY19 Foods growth was lower due to prolonged
Slide 8: Contents
Contents 1. FY19 – Overview 2. Q4 FY19 – Overview 3. Category Highlights – Q4 FY19 4. Consumer/ Marketing Initiatives 5. Product Launches 6. International Business 7. Final Dividend 8. Profit & Loss Statements 7
Slide 9: Q4 FY19 – Overview
Q4 FY19 – Overview 1 Consolidated revenue grew by 4.7% to INR 2,128 crore 2 Growth in Domestic FMCG was 5.9% backed by volume growth of 4.3% 3 International Business reported growth of 1.9% Consolidated PAT decreased by 6.5% to INR 370 crore; ; Excluding one offs / 4 exceptional item growth is PAT w
Slide 10: Q4 FY19 – Consolidated Financials
Q4 FY19 – Consolidated Financials 4.7% 2,128 • Domestic business revenue grew by 5.9% led by volume growth of 2,033 4.3% Revenue • Growth in International Business was impacted by underperformance of the MENA market and currency devaluation in key markets Q4 FY18 Q4 FY19 (5.8%) • Material cost incre
Slide 11: Q4 FY19 – Business Overview
Q4 FY19 – Business Overview Q4 FY18 Q4 FY19 2.4% 2.3% 26.7% 25.9% 70.9% 71.7% Domestic International Others • Contribution of Domestic FMCG increased to 71.7% from 70.9% last year • International Business contributed 25.9% as compared to 26.7% last year 10
Slide 12: Domestic FMCG Growth – By Verticals – Q4 FY19
Domestic FMCG Growth – By Verticals – Q4 FY19 Q4 FY19 Sales Contribution 15.9% 33.6% Healthcare HPC Foods 50.5% Healthcare Home & Personal Care (HPC) Foods Growth: 11.2% Growth: 6.8% Growth: (5.9%) 755 253 503 452 707 238 Q4 FY18 Q4 FY19 Q4 FY18 Q4 FY19 Q4 FY18 Q4 FY19 Slowdown in demand and a prolo
Slide 13: Contents
Contents 1. FY19 – Overview 2. Q4 FY19 – Overview 3. Category Highlights – Q4 FY19 4. Consumer/ Marketing Initiatives 5. Product Launches 6. International Business 7. Final Dividend 8. Profit & Loss Statements 12
Slide 14: Healthcare (HC) – Q4 FY19
Healthcare (HC) – Q4 FY19 Health Supplements Digestives OTC Ethicals Growth % 10.2% 11.9% 16.6% 9.7% • Recorded good • Driven by continued • OTC posted strong • Driven by strong performance on the strong performance of double digit growth on growth across product back of double digit Hajmola tablets
Slide 15: Home and Personal Care (HPC) – Q4 FY19
Home and Personal Care (HPC) – Q4 FY19 Shampoos & Post Hair Oils Oral Care Home Care Skin & Salon Wash Growth % 3.3% 2.5% 8.2% 16.2% 11.2% • Growth was • Prolonged winter • Toothpastes grew • Driven by strong • Driven by double impacted by high season in north by 9.3% growth in Odonil digit growth i
Slide 16: Foods – Q4 FY19
Foods – Q4 FY19 Beverages Growth % (6.5%) • Beverages saw a decline on account of prolonged winter season in North India • Market share increased by 540 bps y-o-y to touch 56% • Masala Range has received good response and has been extended to pan India GT market Category Highlights Consumer promotio
Slide 17: Contents
Contents 1. FY19 – Overview 2. Q4 FY19 – Overview 3. Category Highlights – Q4 FY19 4. Consumer/ Marketing Initiatives 5. Product Launches 6. International Business 7. Final Dividend 8. Profit & Loss Statements 16
Slide 18: Consumer/ Marketing Initiatives (1/2)
Consumer/ Marketing Initiatives (1/2) Advertising of Dabur Hridyasava and Dabur Lauhasava through Fem Bleaches Consumer Sampling Odomos Oil Print Ad Campaign print in Womens’ Clubs Hajmola Chunaavi Dangal at Dabur Honey sponsored Lucknow Activations for Glucose Kumbh Mela 2019 and in City Half Marat
Slide 19: Consumer/ Marketing Initiatives (2/2)
Consumer/ Marketing Initiatives (2/2) Hajmola Sampling in Schools Pudin Hara Fizz Sampling Drive Vatika Super Mom School Contact Program – Dabur Dabur Red presents Arth – a Aggressive Digital Presence in Hair Red Dental Brigade culture fest in Delhi Oils 18
Slide 20: Contents
Contents 1. FY19 – Overview 2. Q4 FY19 – Overview 3. Category Highlights – Q4 FY19 4. Consumer/ Marketing Initiatives 5. Product Launches 6. International Business 7. Final Dividend 8. Profit & Loss Statements 19
Slide 21: New Product Launches/ Re-launches in Q4 FY19
New Product Launches/ Re-launches in Q4 FY19 Odonil Smile Relaunch of Vatika Shampoo Bottles (Now with Badam ki Shakti) Relaunch of Brahmi Amla Oil and Sarson Amla Oil 20
Slide 22: Contents
Contents 1. FY19 – Overview 2. Q4 FY19 – Overview 3. Category Highlights – Q4 FY19 4. Consumer/ Marketing Initiatives 5. Product Launches 6. International Business 7. Final Dividend 8. Profit & Loss Statements 21
Slide 23: International Business – Q4 FY19
International Business – Q4 FY19 • International Business reported Increase in market share across MENA region 1.9% growth Saudi Arabia UAE Egypt • SAARC grew by 8% in Q4 FY19 on the Hair Oils Hammam Zaith Hair Oils back of strong growth in Bangladesh 71% 64% 77% 66% 61% 74% and Myanmar ND'17 ND'18
Slide 24: Product Launches in International Business – FY19
Product Launches in International Business – FY19 New range of Hair Waxes and Hair Vatika Afro Naturals Range in Olive Oil with Black Castor in Mousse in Hobby, Turkey South Africa South Africa ORS Fix-It Range in USA Vatika Serum in Egypt Amla Kids in Egypt 23
Slide 25: Marketing Initiatives in International Business – FY19
Marketing Initiatives in International Business – FY19 Vatika Styling Extreme Gel – Vatika Styling Extreme Gel – Ferrari Challenge Skydive Challenge Vatika Shampoo – VR Experience Amla Serum - #UnsignatureYourHairstyle 24
Slide 26: Contents
Contents 1. FY19 – Overview 2. Q4 FY19 – Overview 3. Category Highlights – Q4 FY19 4. Consumer/ Marketing Initiatives 5. Product Launches 6. International Business 7. Final Dividend 8. Profit & Loss Statements 25
Slide 27: Final Dividend
Final Dividend Final Dividend Total Dividend for proposed FY19 Dividend per share (INR) 1.50 2.75 Dividend % 150% 275% Total dividend (INR cr)* 319.41 585.58 * Includes dividend tax 26
Slide 28: Contents
Contents 1. FY19 – Overview 2. Q4 FY19 – Overview 3. Category Highlights – Q4 FY19 4. Consumer/ Marketing Initiatives 5. Product Launches 6. International Business 7. Final Dividend 8. Profit & Loss Statements 27
Slide 29: Consolidated Profit & Loss
Consolidated Profit & Loss Q4 FY19 Q4 FY18 Y-o-Y (%) FY19 FY18 Y-o-Y (%) Revenue from operations 2,128.2 2,032.9 4.7% 8,533.1 7,748.3 10.1% Other Income 66.1 73.2 (9.8%) 296.2 305.2 (3.0%) Total Income 2,194.3 2,106.1 4.2% 8,829.2 8,053.5 9.6% Material Cost 1,069.3 1,002.4 6.7% 4,309.0 3,846.4 12.0%
Slide 30: Standalone Profit & Loss
Standalone Profit & Loss Q4 FY19 Q4 FY18 Y-o-Y (%) FY19 FY18 Y-o-Y (%) Revenue from operations 1,598.4 1,509.6 5.9% 6,273.2 5,609.1 11.8% Other Income 63.0 70.8 (11.0%) 274.7 283.2 (3.0%) Total Income 1,661.5 1,580.5 5.1% 6,547.9 5,892.3 11.1% Material Cost 820.5 774.2 6.0% 3,257.5 2,919.5 11.6% % o
Slide 31: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars 31/03/2019 31/03/2018 Particulars 31/03/2019 31/03/2018 A Assets B Equity and Liabilities 1 Non-current assets 1 Equity (a) Property, plant and equipment 1,548 1,552 (a) Equity share capital 177 176 (b) Capital work-in-progress 64 42 (b) Other Equity 5,455 5,53
Slide 32: Standalone Balance Sheet
Standalone Balance Sheet Particulars 31/03/2019 31/03/2018 Particulars 31/03/2019 31/03/2018 A Assets B Equity and Liabilities 1 Non-current assets 1 Equity (a) Property, plant and equipment 972 971 (a) Equity share capital 177 176 (b) Capital work-in-progress 22 27 (b) Other Equity 3,792 4,051 (c)
Slide 33: For more information & updates, visit
For more information & updates, visit : http://www.dabur.com/i n/en-us/investor