Dabur India Limited · NSE:DABUR
Dabur India — Q2 FY19 Earnings Presentation
29 slides from Dabur India's earnings presentation, Oct 31, 2018
Slide 1: Investors Communication cover letter to exchanges
India Lid. Date: October 31, 2018 Scrip Symbol: NSE & MSEI - DABUR, BSE Scrip Code: 500096 To, Corporate Relation Department National Stock Exchange of India Ltd. Bombay Stock Exchange Ltd. Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G Block Bandra - Kurla Complex Dalal Street,
Slide 2: Dabur India Limited Investor Communication
Dabur India Limited Investor Communication Quarter and Half Year ended 30th September 2018 1
Slide 3: Contents
Contents 1. Q2 FY19 – Overview 2. Category Highlights 3. Business Initiatives 4. Product Launches 5. International Business – Q2 FY19 Performance 6. Interim Dividend 7. Profit & Loss Statements and Balance Sheets 2
Slide 4: Q2 FY19 – Overview
Q2 FY19 – Overview 1 Consolidated revenue grew by 8.5% to INR 2,125 crore 2 Growth in Domestic FMCG was 8.6% backed by volume growth of 8.1% 3 International Business reported growth of 8.9% 4 PAT increased by 8.4% in Standalone and 4.1% in Consolidated 5 Interim Dividend of Rs.1.25 per share approve
Slide 5: Q2 FY19 – Consolidated Financials
Q2 FY19 – Consolidated Financials 8.5% 2,125 • Consolidated revenue grew by 8.5% • Domestic business revenue grew by 8.6% led by volume Revenue 1,959 growth of 8.1% • International Business reported growth of 8.9% with Q2 FY18 Q2 FY19 constand currency growth of 7% 7.4% • Material cost increased fro
Slide 6: Value and Volume Growth Trend for Dabur Domestic FMCG
Value and Volume Growth Trend for Dabur Domestic FMCG 23.7% 21.0% 17.7% 13.0% 9.7% 9.8% 8.6% 8.1% 7.7% 7.2% 4.1% 4.5% 2.4% 2.4% 0.5% 0.7% (4.4%) (5.2%) (5.0%) (6.6%) Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Dabur Value Growth Dabur Volume Growth Domestic FMCG b
Slide 7: Q2 FY19 – Business Overview
Q2 FY19 – Business Overview Q2 FY18 Q2 FY19 2.6% 2.2% 28.5% 28.7% 68.9% 69.1% Domestic International Others • Contribution of Domestic FMCG increased to 69.1% from 68.9% last year • International Business contributed 28.7% as compared to 28.5% last year 6
Slide 8: Domestic FMCG growth – By Verticals
Domestic FMCG growth – By Verticals Home & Personal Care (HPC) Healthcare Foods Growth: 10.2% Growth: 10.6% Growth: 1.4% 754.1 430.3 250.9 684.0 389.0 247.5 Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 Foods business was impacted by the shifting of the festive season from Q2 to Q3 Consumer Care B
Slide 9: Domestic FMCG – Category-wise Sales
Domestic FMCG – Category-wise Sales Q2 FY18 Q2 FY19 18.8% 20.3% 17.5% 21.6% 8.9% 8.9% 18.5% 5.6% 17.7% 5.5% 15.0% 4.9% 15.5% 5.0% 8.1% 8.2% Hair Care Oral Care Skin Care Home Care Health Supplements Digestives OTC & Ethicals Foods • Share of Hair Care category increased from 20.3% to 21.6% • Oral Ca
Slide 10: Contents
Contents 1. Q2 FY19 – Overview 2. Category Highlights 3. Business Initiatives 4. Product Launches 5. International Business – Q2 FY19 Performance 6. Interim Dividend 7. Profit & Loss Statements and Balance Sheets 9
Slide 11: Home and Personal Care (HPC) – Q2 FY19
Home and Personal Care (HPC) – Q2 FY19 • HPC posted growth of 10.2% in Q2 FY19 • Oral care recorded growth of 3.9% with toothpastes growing at 6.2% Going regional to drive impact › Red Toothpaste Franchise continued its growth momentum with RTP growing by 19.5% › Babool was impacted by high competit
Slide 12: Healthcare (HC) – Q2 FY19
Healthcare (HC) – Q2 FY19 • Healthcare grew by 10.6% in Q2 FY19 • Health Supplements reported growth of 12.3% as Chyawanprash and Honey performed well • Chyawanprash grew by 11.8% • Dabur Honey grew by 12.8% • Digestives posted growth of 10.8% on the back of strong performance of Hajmola tablets and
Slide 13: Foods – Q2 FY19
Foods – Q2 FY19 • Beverages grew by 1.5% - mainly impacted by shifting of the Diwali season to Q3 Tiffin Campaign continues to show good results • Activ Coconut Water continues to do well • E-comm business showing strong growth • Newly launched masala flavors received a good response Newer variants
Slide 14: Direct reach continues to expand
Direct reach continues to expand Direct Reach – No. of Outlets 1,085,309 1,022,974 916,869 912,332 910,095 Mar-15 Mar-16 Mar-17 Mar-18 Sep-18 Project Buniyaad achieved its direct reach target of 1 mn outlets and continues to expand distribution 13
Slide 15: Contents
Contents 1. Q2 FY19 – Overview 2. Category Highlights 3. Business Initiatives 4. Product Launches 5. International Business – Q2 FY19 Performance 6. Interim Dividend 7. Profit & Loss Statements and Balance Sheets 14
Slide 16: Consumer / Marketing Initiatives
Consumer / Marketing Initiatives Dabur Honey – TV Campaign launched with new Monsoon Campaign of brand ambassador Jacqueline Chaayos Association with Dabur Dabur Chyawanprash Fernandez Honey Azadi Week – 10,000 patients Dabur Honitus – Hajmola – Sampling in both trains contacted and 450 doctors Hind
Slide 17: Advertisements in Q2 FY19
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Slide 18: Contents
Contents 1. Q2 FY19 – Overview 2. Category Highlights 3. Business Initiatives 4. Product Launches 5. International Business – Q2 FY19 Performance 6. Interim Dividend 7. Profit & Loss Statements and Balance Sheets 17
Slide 19: New Product Launches
New Product Launches Odonil Zipper – New Fragrances Honey Squeezy – New SKU Alluring Daffodil and Scintillating Rose 225 gm 18
Slide 20: Contents
Contents 1. Q2 FY19 – Overview 2. Category Highlights 3. Business Initiatives 4. Product Launches 5. International Business – Q2 FY19 Performance 6. Interim Dividend 7. Profit & Loss Statements and Balance Sheets 19
Slide 21: International Business – Q2 FY19
International Business – Q2 FY19 • International Business posted 8.9% growth with constant currency growth of 7% • Egypt business continues to do well with constant currency growth of 27% in Q2 FY18 • SSA grew by 16% on constant currency basis, despite a slowdown in Nigeria • Turkey recorded 16% gro
Slide 22: Contents
Contents 1. Q2 FY19 – Overview 2. Category Highlights 3. Business Initiatives 4. Product Launches 5. International Business – Q2 FY19 Performance 6. Interim Dividend 7. Profit & Loss Statements and Balance Sheets 21
Slide 23: Interim Dividend
Interim Dividend H1 FY18 Dividend per share (INR) 1.25 Dividend % 125% Total dividend (INR cr)* 266.17 * Includes dividend tax 22
Slide 24: Contents
Contents 1. Q2 FY19 – Overview 2. Category Highlights 3. Business Initiatives 4. Product Launches 5. International Business – Q2 FY19 Performance 6. Interim Dividend 7. Profit & Loss Statements and Balance Sheets 23
Slide 25: Consolidated Profit & Loss
Consolidated Profit & Loss Q2 FY19 Q2 FY18 Y-o-Y (%) H1 FY19 H1 FY18 Y-o-Y (%) Revenue from operations 2,125.0 1,958.9 8.5% 4,205.7 3,749.0 12.2% Other Income 81.2 84.3 (3.7%) 154.9 165.6 (6.5%) Total Income 2,206.2 2,043.2 8.0% 4,360.5 3,914.6 11.4% Material Cost 1,075.8 977.1 10.1% 2,124.4 1,891.7
Slide 26: Standalone Profit & Loss
Standalone Profit & Loss Q2 FY19 Q2 FY18 Y-o-Y (%) H1 FY19 H1 FY18 Y-o-Y (%) Revenue from operations 1,537.2 1,416.4 8.5% 3,010.3 2,650.1 13.6% Other Income 75.7 76.2 (0.7%) 144.3 151.8 (4.9%) Total Income 1,612.9 1,492.6 8.1% 3,154.6 2,801.9 12.6% Material Cost 790.7 737.8 7.2% 1,573.1 1,411.3 11.5
Slide 27: Consolidated Balance Sheet
Consolidated Balance Sheet As at As at As at As at Particulars 30/09/2018 31/03/2018 Particulars 30/09/2018 31/03/2018 (Unaudited) (Audited) (Unaudited) (Audited) A Assets B Equity and Liabilities 1 Non-current assets 1 Equity (a) Property, plant and equipment 1,552 1,552 (a) Equity share capital 17
Slide 28: Standalone Balance Sheet
Standalone Balance Sheet As at As at As at As at Particulars 30/09/2018 31/03/2018 Particulars 30/09/2018 31/03/2018 (Unaudited) (Audited) (Unaudited) (Audited) A Assets B Equity and Liabilities 1 Non-current assets 1 Equity (a) Property, plant and equipment 951 971 (a) Equity share capital 177 176
Slide 29: For more information & updates, visit
For more information & updates, visit : http://www.dabur.com/in/en- us/investor