Dabur India Limited

INR 3,000

e 2 Q2 & H1 FY24 PERFORMANCE SUMMARY 3 Q2 FY24 – Performance Highlights Consol Revenue crosses INR 3,000 cr to close Q2 FY24 at Consol Revenue growth Consol Revenue 4-year CAGR INR 3,204 cr 7.3% (CC

INR 3,204

venue crosses INR 3,000 cr to close Q2 FY24 at Consol Revenue growth Consol Revenue 4-year CAGR INR 3,204 cr 7.3% (CC growth of 10.4%) 10% India Business Revenue in Q2 FY24 India Volume Growth India R

7.3%

INR 3,000 cr to close Q2 FY24 at Consol Revenue growth Consol Revenue 4-year CAGR INR 3,204 cr 7.3% (CC growth of 10.4%) 10% India Business Revenue in Q2 FY24 India Volume Growth India Revenue 4

10.4%

se Q2 FY24 at Consol Revenue growth Consol Revenue 4-year CAGR INR 3,204 cr 7.3% (CC growth of 10.4%) 10% India Business Revenue in Q2 FY24 India Volume Growth India Revenue 4-Year CAGR INR 2,334

10%

24 at Consol Revenue growth Consol Revenue 4-year CAGR INR 3,204 cr 7.3% (CC growth of 10.4%) 10% India Business Revenue in Q2 FY24 India Volume Growth India Revenue 4-Year CAGR INR 2,334 cr 3

INR 2,334

of 10.4%) 10% India Business Revenue in Q2 FY24 India Volume Growth India Revenue 4-Year CAGR INR 2,334 cr 3% 10% Y-o-Y Increase in A&P Gross Margin Expansion Operating Profit growth 42.6% 295 bps

3%

% India Business Revenue in Q2 FY24 India Volume Growth India Revenue 4-Year CAGR INR 2,334 cr 3% 10% Y-o-Y Increase in A&P Gross Margin Expansion Operating Profit growth 42.6% 295 bps 10%

42.6%

AGR INR 2,334 cr 3% 10% Y-o-Y Increase in A&P Gross Margin Expansion Operating Profit growth 42.6% 295 bps 10% Operating Margin Expansion Consolidated PAT Growth PAT growth (Ex. Legal Cost & A

295 bps

R 2,334 cr 3% 10% Y-o-Y Increase in A&P Gross Margin Expansion Operating Profit growth 42.6% 295 bps 10% Operating Margin Expansion Consolidated PAT Growth PAT growth (Ex. Legal Cost & Amortizati

50 bps

Operating Margin Expansion Consolidated PAT Growth PAT growth (Ex. Legal Cost & Amortization) 50 bps 5.1% 14.7% 4 Q2 FY24 | Consolidated Financials Revenue from Operations 3,204 2,986 7.3% CC

5.1%

ing Margin Expansion Consolidated PAT Growth PAT growth (Ex. Legal Cost & Amortization) 50 bps 5.1% 14.7% 4 Q2 FY24 | Consolidated Financials Revenue from Operations 3,204 2,986 7.3% CC Gr:

14.7%

rgin Expansion Consolidated PAT Growth PAT growth (Ex. Legal Cost & Amortization) 50 bps 5.1% 14.7% 4 Q2 FY24 | Consolidated Financials Revenue from Operations 3,204 2,986 7.3% CC Gr: 10.4%

LTL Gr

4

CC Gr

2

LTL Gr

14.7% Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Operating Profit (INR cr) Operating Profit Margin PAT (INR cr) PAT Margin • CC Growth of 10.4% • Operating profit grew by 10% with a 50 bps gain in • Like to like PAT saw growth of 14.7% • • India FMCG business saw volume growth of 3% operating margin to touch 20.6% International Business saw CC growth of 23.6% - • Like to like operating profit growth of 16% (ex- Namaste legal cost) • Gross Profit expanded by 295 bps • Investing in Media- saw growth of 42.6% during the Profit after Minority (Reported) Amortization (Badshah Acquisition) Namaste Legal Cost Q2 FY23 Q2 FY24 Gr % 490 515 5.1% - - 11 36 quarter LTL PAT 490 562 14.7% 5 10.4% growth in INR terms Note: LTL refers to Like to Like Q2 FY24 | Domestic FMCG Growth – By Verticals Sales Contribution by Verticals Q2 FY23 Q2 FY24 Healthcare Home & Personal Care (HPC) Food & Beverage (F&B) 4-yr CAGR: 9% 4-yr CAGR: 9.4% 4-yr CAGR: 13.5% 629 Gr: 5.4% 1,065 Gr: 5.8% 663 1,126 431 Gr: (7.

LTL Gr

14.4% H1 FY23 H1 FY24 H1 FY23 H1 FY24 H1 FY23 H1 FY24 Operating Profit (INR cr) Operating Profit Margin PAT (INR cr) PAT Margin • CC Growth of 11.6% • Operating profit grew @ 10.6% with margin • Like to like PAT saw growth of 14.4% • • India Standalone revenue grew by 5.3% expansion of 30 bps, to touch 20% International business saw CC growth of 21.7% - • Like to like operating profit growth of 16.1% (ex- 10.3% growth in INR terms Namaste legal cost) • Gross Profit expanded by 186 bps Profit after Minority (Reported) Amortization (impact on Net Profit after minority) • Investing in Media - saw growth of 36% Namaste Legal Cost H1 FY23 H1 FY24 Gr % 930 979 5.2% - - 22 63 LTL PAT 930 1064 14.4% 8 Note: LTL refers to Like to Like BUSINESS HIGHLIGHTS 9 Q2 FY24 | Business Highlights – Healthcare Health Supplements Digestives Q2 FY24 Growth % Q2 FY24 : 4-year CAGR Flat 7% 18.1% 10.4% OTC 8.4% 14% Ethicals 7% 9% • Dabur Chyawanprash saw • Robust double digit growth in • Strong performance of t