Dabur India Limited · NSE:DABUR
Dabur India — Q2 FY25 Earnings Presentation
32 slides from Dabur India's earnings presentation, Oct 30, 2024
Slide 1: Investor Communication cover letter to stock exchanges
^SA^. Ref: SEC/SE/2024-25 9> Date: October 30, 2024 To, India Ltd. Corporate Relations Department Listing Department BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street, Plot No. C/1, G Block, Bandra Kurla Complex Mumbai-400001 Bandra (E),
Slide 2: Investor Presentation - Quarter ended 30th September 2024
Investor Presentation Quarter ended 30th September 2024 30th October 2024
Slide 3: Key Agendas
KEY AGENDAS 1 FINANCIAL BUSINESS BUSINESS HIGHLIGHTS – GROWTH LEVERS ENVIRONMENT HIGHLIGHTS Q2 and H1 FY25
Slide 4: Business Environment
1 FINANCIAL BUSINESS BUSINESS HIGHLIGHTS – GROWTH LEVERS ENVIRONMENT HIGHLIGHTS Q2 and H1 FY25
Slide 5: Operating Landscape
Operating Landscape MODERATION IN URBAN WEATHER AND NATURAL INTER CHANNEL DYNAMICS DEMAND CALAMITIES Urban (Value Growth %) Q1 FY24 Q2 FY25 High food inflation Heavy floods and natural Quick commerce leading to slowdown in calamities impacted growing at a rapid pace consumption consumption
Slide 6: Financial Highlights
2 FINANCIAL BUSINESS BUSINESS HIGHLIGHTS – GROWTH LEVERS ENVIRONMENT HIGHLIGHTS Q2 and H1 FY25
Slide 7: Q2 FY25 Revenue
Q2 FY25 Revenue CONSOLIDATED INDIA FMCG INTERNATIONAL INR 3,029 INR 2,218 INR 847 (5.5%) (7.6%)* CC 13% Y-o-y Y-o-y Y-o-y Sec Growth: 2.3% Strategic decision to rationalize inventory in the General Trade channel to enhance channel partners’ ROI which impacted primary sales in the India business * In
Slide 8: Q2 FY25 Financial Highlights
Q2 FY25 Financial Highlights Revenue from Operating Profit Profit After Tax Operations 20.6% 3,204 18.2% 3,029 661 16.1% 553 14.0% 515 425 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 (5.5%) YoY (16.4%) YoY (17.5%) YoY (3%) CC 18.2% of sales 3.3% 102 Bps 7.4% International Business Revenue A&P sp
Slide 9: Verticals Contribution To Domestic FMCG Business in Q2 FY25
Verticals Contribution To Domestic FMCG Business IN Q2 FY25 Home & Personal Care Health Care Foods & Beverages 53.1% 30.7% 16.3% INR 1,035 Cr INR 598 Cr INR 317 Cr Q2 Sec growth +6% Sec Gr +4% -11% (8.1%) YoY (9.8%) YoY (20.7%) YoY Due to inventory rationalisation Due to inventory rationalisation Du
Slide 10: Q2 FY25 International Business Highlights
Q2 FY25 | International Business Highlights (CC growth) Namaste Turkey INR 847 Crore 0.6% 3.1% Middle East Revenue from International Markets 9.8% SAARC ~28.4% contribution to (0.6%) overall sales 13% CC Growth SSA Egypt 26.1% 72.8%
Slide 11: Business Highlights
3 FINANCIAL BUSINESS BUSINESS HIGHLIGHTS – GROWTH LEVERS ENVIRONMENT HIGHLIGHTS Q2 and H1 FY25
Slide 12: Home & Personal Care (HPC)
Home & Personal Care (HPC) Value growth Q2 (Secondary) 9.1% 5.3% 3.8% 3.2% 0.0% Oral Care Hair Oils Shampoo Home Care Skin Care • Market share gain across all verticals of Home & Personal Care - Segment Gain Segment Gain Oral care 45 bps MRC 510 bps Hair Oils 40 bps Air Fresheners 220 bps Shampoo 22
Slide 13: Increased Media Spendings and Strong Accreditations
Increased Media Spendings and Strong Accreditations India’s first Ayurvedic Toothpaste to get IDA (Indian Dental Association) acceptance seal Engagement with 1,00,000+ dentists ensuring widespread dissemination of Dabur's oral care innovations and products Campaign with Naga Arjuna for Meswak “Compl
Slide 14: Healthcare
Healthcare Value growth Q2 (Secondary) 6.3% 2.8% 0.0% Health Supplements Digestives OTC & Ethicals Health Supplements • Chyawanprash continues to strengthen its market leadership by gaining market share • Focus on innovation continued with the launch of premium “Khajurprash” variant; garnered good c
Slide 15: New TVC – DCP Monsoon Campaign
New TVC – DCP Monsoon Campaign
Slide 16: Foods & Beverages
Foods & Beverages Value growth Q2 (Secondary) 20.6% 15.0% -11.6% Foods Beverages Badshah Beverages: • Heavy monsoon and flooding impacted the beverage category • Continued to gain market share ~240 bps Foods: • Foods sustaining its growth momentum with Edible Oils and ghee growing by 70% • Homemade
Slide 17: Growth Levers
4 FINANCIAL BUSINESS BUSINESS HIGHLIGHTS – GROWTH LEVERS ENVIRONMENT HIGHLIGHTS Q2 and H1 FY25
Slide 18: Doubling down on the global growth opportunity in Oral care
Doubling down on the global growth opportunity in Oral care Strengthening India business Expanding in international markets ▪ Ramping up the Gels segment ▪ UAE and Egypt recording strong double-digit growth ▪ Investing in capacity expansion to service increased demand ▪ Drive premiumization by filli
Slide 19: Scale up Home care & Skin care; significant headroom for growth
Scale up Home care & Skin care; significant headroom for growth Home care Odonil Odomos ▪ Continue to maintain leadership in blocks segment ▪ Liquid Vaporiser to record ▪ Premiumization and range double digit growth in key expansion across gel pockets, markets; diffusers and premium air fresheners S
Slide 20: Winter portfolio expected to perform well in the coming season
Winter portfolio expected to perform well in the coming season Favorable winters expected due to La Nina effect Chyawanprash Honey Scaling up other variants to drive ▪ Maintain category leadership – new premiumisation weight management campaign launched ▪ Growing premium honey in double Khajurprash
Slide 21: Foods: Focus on ramping up the beverage portfolio
Foods - INR 500 Cr+ franchise in FY25; Focus on ramping up the beverage portfolio Beverages – Strengthening the Core Foods - Continue strong double digit growth trajectory Bolster our ‘Drinks’ portfolio: available at accessible Strengthen Badshah product range price points ▪ Gaining market share in
Slide 22: Accelerating digital transformation to enhance business growth
Accelerating digital transformation to enhance business growth Key initiatives Map My India B2B & Retailer Credit Extension Application ▪ To identify gaps in coverage of towns/villages ▪ Project to facilitate urban and ▪ Preparing roadmap to expand rural outlets to place orders distribution network
Slide 23: Premiumization across verticals to drive superior profitability
Premiumization across verticals to drive superior profitability Healthcare Home & personal care Foods & beverage Chyawanprakash Kesarprash Khajurprash Air Fresheners in Gel Pockets Activ Range Coco Range Ayurvedic Hair Oils Organic Honey Honey Sunderbans Edible Oils and Ghee Himalayan Shilajit Gold
Slide 24: Outdoor Visibility and Activations
Outdoor Visibility and Activations Auto branding and Kanvar Yatra DCP Metro Pillar Branding Hajmola at Pandharpur Yatra 2024 Odonil Durga Pujo Nauchandi Mela
Slide 25: DJSI Score Increased To 81
DJSI Score Increased To 81 – Going up by 170% in last 2 Years 81 72 30 12 2021 2022 2023 2024
Slide 26: Dividend Update
Dividend Update Interim Dividend Dividend per share (INR) 2.75 Dividend % 275% Total Dividend (INR Cr) 487.4
Slide 27: Q2 FY25 Consolidated P&L
Q2 FY25 | Consolidated P&L In INR crores Q2 FY25 Q2 FY24 Y-o-Y (%) Revenue from operations 3,028.6 3,203.8 (5.5%) Material Cost 1,534.3 1,655.7 (7.3%) Employee expense 338.8 315.5 7.4% Advertisement and publicity 225.4 216.5 4.1% Other Expenses 377.5 355.3 6.3% Operating Profit 552.5 660.9 (16.4%) %
Slide 28: Q2 FY25 Standalone P&L
Q2 FY25 | Standalone P&L In INR crores Q2 FY25 Q2 FY24 Y-o-Y (%) Revenue from operations 2,143.6 2,334.4 -8.2% Material Cost 1,143.7 1,241.3 -7.9% Employee expense 208.1 201.6 3.2% Advertisement and publicity 164.9 173 -4.7% Other Expenses 223.8 210 6.6% Operating Profit 403.2 508.6 -20.7% % of Reve
Slide 29: H1 FY25 Consolidated P&L
H1 FY25 | Consolidated P&L In INR crores H1 FY25 H1 FY24 Y-o-Y (%) Revenue from operations 6,377.7 6,334.3 0.7% Material Cost 3,283.0 3,327.4 -1.3% Employee expense 661.7 612.7 8.0% Advertisement and publicity 461.3 420.9 9.6% Other Expenses 764.1 707.7 8.0% Operating Profit 1,207.6 1,265.6 -4.6% %
Slide 30: H1 FY25 Standalone P&L
H1 FY25 | Standalone P&L In INR crores H1 FY25 H1 FY24 Y-o-Y (%) Revenue from operations 4,657.7 4,681.8 -0.5% Material Cost 2,524.1 2,545.6 -0.8% Employee expense 410.6 391 5.0% Advertisement and publicity 353.6 340.4 3.9% Other Expenses 469.3 433.9 8.2% Operating Profit 900.1 971 -7.3% % of Revenu
Slide 31: Disclaimer
Disclaimer Cautionary note concerning forward-looking statement Certain statements made in this presentation relating to the Company’s objectives, projections, outlook, expectations, estimates, among others may constitute ‘forward-looking statements’ within the meaning of applicable laws and regulat
Slide 32: For more information and updates, visit Dabur investor page
Click on the image to play ad Click on the image to play ad Click on the image to play ad Click on the image to play ad For more information and updates, visit: http://www.Dabur.Com/in/en-us/investor