{"id":18297,"date":"2022-12-05T17:06:41","date_gmt":"2022-12-05T11:36:41","guid":{"rendered":"https:\/\/www.moneyworks4me.com\/investmentshastra\/?p=18297"},"modified":"2022-12-06T09:52:44","modified_gmt":"2022-12-06T04:22:44","slug":"dabur-annual-report-2022","status":"publish","type":"post","link":"https:\/\/www.moneyworks4me.com\/investmentshastra\/dabur-annual-report-2022\/","title":{"rendered":"Dabur Annual Report for 2022: Key Takeaways"},"content":{"rendered":"<h2 style=\"font-size: 18px;\"><u>Dabur at a glance:<\/u><\/h2>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/dabur-at-a-glance.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-18298 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/dabur-at-a-glance.png\" alt=\"dabur at a glance\" width=\"685\" height=\"338\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/dabur-at-a-glance.png 685w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/dabur-at-a-glance-600x296.png 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/dabur-at-a-glance-150x74.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/dabur-at-a-glance-270x133.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/dabur-at-a-glance-370x183.png 370w\" sizes=\"(max-width: 685px) 100vw, 685px\" title=\"\"><\/a><\/p>\n<p>By the end of last fiscal, <a href=\"https:\/\/www.moneyworks4me.com\/indianstocks\/large-cap\/fmcg\/household-personal-products\/dabur-india\/company-info#decision-maker-anchor-link\"><strong>Dabur<\/strong><\/a> had a total of 18 brands with sales greater than Rs. 100 crore. At the end of fiscal 2021-22, this number has increased to 20 with Meswak and Real Drinks joining the coveted billion-rupee turnover club. Now, we have 14 brands that are above Rs. 100 Crore in size; 2 brands that are over Rs. 500 Crore but less than Rs. 1,000 Crore in size, and another 4 brands that have a turnover of more than Rs. 1,000 crores. Another big achievement this year is for the Coconut Oil brand Anmol, which has now emerged as the second-largest coconut oil brand in the country.<\/p>\n<h2 style=\"font-size: 18px;\"><u>Overview of Dabur Indian FMCG Business:<\/u><\/h2>\n<h3 style=\"font-size: 16px;\">Food &amp; Beverage Business<\/h3>\n<p>Dabur\u2019s Food &amp; Beverages business was the key growth engine for the company in fiscal 2021-22, reporting a growth of 47.7% to become 16.9% of the India FMCG Business. This business, which had reported a decline in the previous year, bounced back with mobility improvement and demand for healthy food products gaining traction.<\/p>\n<h3 style=\"font-size: 16px;\">Health Care<\/h3>\n<p>The Ayurvedic Health Care business continues to be Dabur\u2019s USP in a cluttered FMCG market. This business caters to growing consumer needs for health and well-being and offers tailored products to meet the growing consumer demand for nature-based solutions. The Health Care business contributes to 35.9% of Dabur\u2019s India FMCG business and the category witnessed a growth of 5.2% during the year 2021-22 with a 2-year CAGR of 17.8%. This vertical comprises sub-categories like Health Supplements, Digestives, OTC, and Ayurvedic Ethicals.<\/p>\n<h3 style=\"font-size: 16px;\">Health Supplements<\/h3>\n<p>Dabur\u2019s flagship health supplements brands viz. Dabur Chyawanprash and Dabur Honey staved off heightened competition from new entrants and existing players to report strong market share gains. Dabur expanded the Health Supplements portfolio this year with the launch of a new Health Food Drink named Dabur Vita, in addition to the introduction of newer formats in both brands. Dabur Chyawanprash, a time-tested formulation of more than 40 Ayurvedic herbs, saw its market share improve by ~2.5% during the year. The sugar-free variant, Dabur Chyawanprakash, recorded double-digit growth in fiscal 2021-22. Dabur Honey closed the year with a ~3% increase in market share in the branded honey market in India.<\/p>\n<p><a href=\"https:\/\/www.moneyworks4me.com\/dashboard\/sensible-investing\/books\/how-the-heck-to-invest-and-reach-nirvana?from=investmentshastra-blog-dabur-aanual-report\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-18279 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/11\/ebook-banner-1.jpg\" alt=\"ebook banner\" width=\"800\" height=\"300\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/11\/ebook-banner-1.jpg 800w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/11\/ebook-banner-1-600x225.jpg 600w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/11\/ebook-banner-1-150x56.jpg 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/11\/ebook-banner-1-768x288.jpg 768w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/11\/ebook-banner-1-270x101.jpg 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/11\/ebook-banner-1-370x139.jpg 370w\" sizes=\"(max-width: 800px) 100vw, 800px\" title=\"\"><\/a><\/p>\n<h3 style=\"font-size: 16px;\">Digestives<\/h3>\n<p>The Digestive business contributed 5.5% to Dabur\u2019s India FMCG Business and reported 12.6% growth during fiscal 2021-22. Dabur operates in the herbal digestive category with household brands like Hajmola, PudinHara, Hingoli, Dabur Nature Care, and Sat Isabgol.<\/p>\n<p>Dabur Hajmola, our flagship brand in the digestives category, continued to be the No. 1 herbal digestive brand and saw its market share increase by more than 4% during the year. The Hajmola franchise saw double-digit growth and crossed the Rs. 300 crore turnover mark during the year. This growth was broad-based with all variants seeing double-digit growths.<\/p>\n<h3 style=\"font-size: 16px;\">Home &amp; Personal Care<\/h3>\n<p>Dabur\u2019s Home &amp; Personal care vertical accounts for 47.2% of the India FMCG business and reported 12.7% growth in fiscal 2021-22. This business covers key highly competitive consumer product categories like Hair Care, Oral Care, Skin Care, and Home Care. Despite the heavy competitive intensity in each category, Dabur reported strong growth and market share gains across all businesses.<\/p>\n<h2 style=\"font-size: 18px;\"><u>Sales &amp; Distribution \u2013 India<\/u><\/h2>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/sales-and-distribution-india.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-18299 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/sales-and-distribution-india.png\" alt=\"sales and distribution india\" width=\"541\" height=\"422\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/sales-and-distribution-india.png 541w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/sales-and-distribution-india-513x400.png 513w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/sales-and-distribution-india-150x117.png 150w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/sales-and-distribution-india-385x300.png 385w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/sales-and-distribution-india-270x211.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/sales-and-distribution-india-370x289.png 370w\" sizes=\"(max-width: 541px) 100vw, 541px\" title=\"\"><\/a>It also invested aggressively to ramp up its distribution. Its direct coverage increased to 1.31 million outlets from 1.28mn, taking the total reach to 6.9mn outlets (compared to HUL\u2019s 9mn, ITC\u2019s 7mn, and Marico\u2019s 5.6mn). Its village coverage saw a significant jump to 89,840 villages across the country from 59,217 villages last year.<\/p>\n<p>Dabur is also coming up with \u201cPragati\u201d where the Top 3,000 retailers from the Top 8 towns will be turned into perfect Dabur stores with an emphasis on the entire Dabur portfolio presence along with multiple paid visibility elements.<\/p>\n<h2 style=\"font-size: 18px;\"><u>Business Performance<\/u><\/h2>\n<p><a class=\"gridlove-popup-img\" href=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/business-performance.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-18300 size-full\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/business-performance.png\" alt=\"business performance\" width=\"438\" height=\"482\" srcset=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/business-performance.png 438w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/business-performance-363x400.png 363w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/business-performance-136x150.png 136w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/business-performance-270x297.png 270w, https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2022\/12\/business-performance-273x300.png 273w\" sizes=\"(max-width: 438px) 100vw, 438px\" title=\"\"><\/a><\/p>\n<h2 style=\"font-size: 18px;\"><u>Strategy<\/u><\/h2>\n<h3 style=\"font-size: 16px;\">Modernising Ayurveda<\/h3>\n<p>It will continue to strategically focus on the \u2018herbal and natural\u2019 proposition as its core philosophy, both in India and abroad. In addition, the emphasis on health and wellness is its USP and makes Dabur a differentiated player in the consumer products market.<\/p>\n<h3 style=\"font-size: 16px;\">Power Brands<\/h3>\n<p>Dabur has identified 9 Power Brands that together account for 70% of its revenue. These include 8 brands in India and one in the overseas markets. Most of its Power Brands operate in the Healthcare space. This is also in line with the Company\u2019s vision of being dedicated to every household\u2019s health &amp; well-being.<\/p>\n<p>The 9 power brands are: Dabur Chywanaprash, Dabur Honitus, Dabur PudinHara, Dabur Amla, Dabur Honey, Dabur Lal Tail, Real, Dabur Red Paste, Vatika.<\/p>\n<h3 style=\"font-size: 16px;\">Digital Transformation<\/h3>\n<p>During fiscal 2021-22, almost a quarter of its marketing spending was towards digital, and we also saw its e-comm saliency increase to 6.5%. It will continue to offer modern and easy-to-use formats that are relevant and in sync with the needs of our modern-day consumers. In the last two years, it has stepped on the pedal in terms of innovations which form the cornerstone of our strategy. New products contributed to around 5% of our revenue in the year.<\/p>\n<h3 style=\"font-size: 16px;\">Rural Expansion<\/h3>\n<p>Rural markets in India have grown significantly, and these consumers are now more aware and conscious of their buying decisions and habits. Rural masses in India have significantly propelled the Digital revolution, exposing companies to better marketing options and making villagers the potential consumers for FMCG (<strong><a href=\"https:\/\/www.moneyworks4me.com\/stock-market\/stock-screener\/nifty-fmcg\">Fast Moving Consumer Goods<\/a><\/strong>) companies. The growing affluence in the hinterland and the deeper penetration of media and smartphones have led to a sizeable jump in consumerism for branded consumer goods.<\/p>\n<p>This market is one of the key strategic focus areas for Dabur. Rural India accounts for nearly 47% of Dabur\u2019s domestic market sales. Dabur has been concentrating on increasing its direct reach to villages across the country to tap into this growing consumer base. It has increased our distribution infrastructure and reached around 1.3 million outlets and approximately 90,000 villages. Project Yoddha has been instrumental in expanding its village coverage ahead of the envisioned target of 80,000 villages. Even the doctor coverage crossed the mark of 80,000 and is now at 81,210 at the end of fiscal 2021-22.<\/p>\n<p><em>Annual Reports is a very elaborate document and shares a lot of information; at times doesn\u2019t necessarily help to form an opinion about a company or its potential. We carve out only important information about the company\u2019s strategy and future prospects for your benefit.<\/em><\/p>\n<p style=\"text-align: center;\"><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #f27070; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.bseindia.com\/bseplus\/AnnualReport\/500096\/73713500096.pdf\">Click here to read the entire annual report<\/a><\/p>\n<p><strong><span style=\"text-decoration: underline;\">Best Stocks From<\/span>:<\/strong><\/p>\n<p><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/stock-market\/stock-screener\/best-from-nifty-50\">Undervalued Nifty 50<\/a> &nbsp;<a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/stock-market\/stock-screener\/best-from-nifty-100\">Undervalued Nifty 100<\/a> <a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/stock-market\/stock-screener\">Screener<\/a> <a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/alpha-case\">Alpha Cases<\/a>&nbsp; &nbsp;<a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-rounded-medium\" style=\"background-color: #1eaf6d; color: #ffffff;\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/www.moneyworks4me.com\/stock-market\/stock-screener\/5-stars-rated-companies-by-moneyworks4me\">5 stars rated stocks from Nifty 500<\/a>&nbsp;<\/p>\n<hr>\n<p><a href=\"https:\/\/www.moneyworks4me.com\/\"><img decoding=\"async\" style=\"float: left; height: 100px; padding-right: 16px; margin-left: 40px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2021\/07\/logo-mw4me.png\" alt=\"\" title=\"\"> <\/a> <a class=\"hide-mobile\" href=\"https:\/\/t.me\/mw4me\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"float: left; height: 100px; padding-right: 16px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/investments-shastra-blog.png\" alt=\"\" title=\"\"> <\/a><\/p>\n<div class=\"hide-mobile\" style=\"height: 100px; padding-top: 15px;\"><strong style=\"font-size: 15px; color: #32aadf;\">Join our Telegram Channel:<\/strong><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/fundamentalstockinvesting\">Stock Investing<\/a><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/mutualfundinvesting\">Mutual Fund Investing<\/a><\/div>\n<p>&nbsp;<\/p>\n<div class=\"hide-desktop\" style=\"float: left; width: 100%; text-align: center; padding-bottom: 15px;\"><a href=\"https:\/\/t.me\/mw4me\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"height: 100px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/investments-shastra-blog.png\" alt=\"\" title=\"\"><\/a><br \/>\n<strong style=\"font-size: 15px; color: #32aadf;\">Join our Telegram Channel:<\/strong><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/fundamentalstockinvesting\">Stock Investing<\/a><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/mutualfundinvesting\">Mutual Fund Investing<\/a><\/div>\n<div style=\"text-align: center;\">\n<p><span style=\"color: #0070c0;\"><b>Need help on Investing? And more<\/b><b>\u2026.<\/b><b>Puchho<\/b> <b>Befikar<\/b><\/span><\/p>\n<div class=\"puchhoBefikarIcon\"><img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/puchho-befikar-logo.png\" width=\"59\" height=\"46\" alt=\"\" title=\"\"><\/div>\n<p><b><i><br \/>\n<\/i><\/b><a href=\"https:\/\/www.youtube.com\/watch?v=iqqbuJbMlk4 \" target=\"_blank\" rel=\"noopener\">Why MoneyWorks4me<\/a> | Call: <a href=\"tel:+91 20 6725 8333\">020 6725 8333<\/a> | <a href=\"https:\/\/www.moneyworks4me.com\/dashboard\/sensible-investing\/books\/how-the-heck-to-invest-and-reach-nirvana\" target=\"_blank\" rel=\"noopener\">Ebook<\/a>&nbsp;| WhatsApp: <a href=\"https:\/\/api.whatsapp.com\/send?phone=918055769463&amp;text=Need%20any%20help?\" target=\"_blank\" rel=\"noopener\">9860359463<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dabur at a glance: By the end of last fiscal, Dabur had a total of 18 brands with sales greater than Rs. 100 crore. At the end of fiscal 2021-22, this number has increased to 20 with Meswak and Real Drinks joining the coveted billion-rupee turnover club. Now, we have 14 brands that are above [&hellip;]<\/p>\n","protected":false},"author":2884,"featured_media":18301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[1166,3],"tags":[119,1492],"modified_by":"MoneyWorks4me","_links":{"self":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts\/18297"}],"collection":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/users\/2884"}],"replies":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/comments?post=18297"}],"version-history":[{"count":0,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts\/18297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/media\/18301"}],"wp:attachment":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/media?parent=18297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/categories?post=18297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/tags?post=18297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}