Dabur India Limited

10.5%

. Dividend Update 26/10/2022 D ABUR - Q 2 FY23 - RESULT S PRESENTATIO N 3 Revenue 3-year CAGR: 10.5% 2,818 2,986 Operating Profit 3-year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7

7.1%

ESULT S PRESENTATIO N 3 Revenue 3-year CAGR: 10.5% 2,818 2,986 Operating Profit 3-year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%)

22.0%

S PRESENTATIO N 3 Revenue 3-year CAGR: 10.5% 2,818 2,986 Operating Profit 3-year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%) Q2 FY22

20.1%

N 3 Revenue 3-year CAGR: 10.5% 2,818 2,986 Operating Profit 3-year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%) Q2 FY22 Q2 FY23 Q2

6.7%

.5% 2,818 2,986 Operating Profit 3-year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%) Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY

17.9%

,818 2,986 Operating Profit 3-year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%) Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Ope

16.4%

Operating Profit 3-year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%) Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Operating Profit

6.0%

fit 3-year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%) Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Operating Profit (INR cr) O

3.2%

year CAGR: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%) Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Operating Profit (INR cr) Operatin

2.8%

R: 7.1% 22.0% 621 20.1% 601 PAT 3-year CAGR: 6.7% 17.9% 504 16.4% 490 6.0% (3.2%) (2.8%) Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Q2 FY22 Q2 FY23 Operating Profit (INR cr) Operating Margin

8.5%

Y22 Q2 FY23 Operating Profit (INR cr) Operating Margin PAT (INR cr) PAT Margin • CC Growth of 8.5% • • India Standalone business revenue grew by ~7% (LY Growth of 11.5%; 3-year CAGR of 12%) In

7%

n PAT (INR cr) PAT Margin • CC Growth of 8.5% • • India Standalone business revenue grew by ~7% (LY Growth of 11.5%; 3-year CAGR of 12%) International Business grew by 2.5% in INR terms (LY Gr

Transaction Details

1

Transaction Details

• • Enterprise Value of INR 1,152 cr leading to a revenue multiple of 4.5x and EBITDA multiple of 19.6x 51% shareholding to be acquired before March 31, 2023 and the remaining 49% shareholding to be acquired after 5 years • Cost and revenue synergies to be tapped to capture the full potential of Badshah • With this acquisition, Dabur enters the 25,000 cr branded Spices category, in line with its strategy to scale up the Foods portfolio • The transaction is expected to be Cash EPS neutral in the first year and accretive thereafter 26/10/2022 D ABUR - Q 2 FY23 - RESULT S PRESENTATIO N 26 1. Q2 FY23 & H1 FY23: Performance Summary 2. Business Highlights 3. Acquisition 4. Dividend Update 26/10/2022 D ABUR - Q 2 FY23 - RESULT S PRESENTATIO N 27 Interim Dividend Dividend per share (INR) 2.50 Dividend % 250% Total Dividend (INR cr) 442.94 26/10/2022 D ABUR - Q 2 FY23 - RESULT S PRESENTATIO N 28 26/10/2022 D ABUR - Q 2 FY23 - RESULT S PRESENTATIO N 29 Revenue from operations Other Income Total