Dabur plans to double its sales and profits from current levels to reach Rs 7,000 crore and Rs 1,000 crore, respectively by March 2014. As per the new roadmap, Dabur is looking at expanding its healthcare category besides growing the food, home and personal care businesses.
The company has received shareholder’s approval to raise Rs 2,000 crore to fund its expansion plans. Under the domestic healthcare business expansion strategy, the company plans to enter several new therapeutic areas with strong branded presence in new over-the-counter categories.
Some of the categories the company is looking at include dermatology (skin), gastroenteritis, cough and cold, women's healthcare, heart & metabolism, pain management and vitamins, minerals and supplements.
Dabur is aiming to grow the domestic healthcare piece to become a Rs 1,500 crore business, besides growing the home personal care business to Rs 2,800 crore and the foods business to Rs 700 crore by the end of the vision period. At present, Dabur's healthcare business stands around Rs 800 crore while it personal care and food categories is over Rs 1,700 crore and Rs 400 crore, respectively.crackcrack
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2127.50 |
| Godrej Consumer Prod | 1059.55 |
| Dabur India | 424.75 |
| Colgate Palmol. (I) | 1915.65 |
| P&G Hygiene | 9821.25 |
| View more.. | |
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