3 Bonuses, 1:10 Split: FMCG Giant To Mull Dividend, Sharekhan Has "BUY" For TP Rs 635

Large cap FMCG company, Dabur India Ltd informed today about its upcoming meeting to be held on May 2 for approving financial results and interim dividend, if any. Last trading price of Dabur India share on BSE is Rs 529.10 per share with intraday gain of 1.14%. More details about Dabur India below:

Dabur India Dividend History: The company announced 48 dividends since May 23, 2001. In last 12 months, Dabur India announced an equity dividend of Rs 5.45 per share. At the current share price of Rs 529.100, it offers a dividend yield of 1.03%.
Dabur India Bonus Share History: Dabur India announced 3 bonuse issues since January 19, 2006. Its last bonus share was declared in the ratio 1:1 with ex-date fixed as September 8, 2010.

Dabur India Stock Split History: Dabur India split the face value of its shares once since November 27, 2000. Dabur India last split face value of its shares from Rs 10 to Re 1 in 2000. The share traded ex-split on November 27, 2000.

Dabur India Stock Performance & Return: Last trading price of Dabur India share on BSE is Rs 529.10 per share. The 52-week high price of Dabur India share is Rs 596. 90 per share and 52-week low price is Rs504.00. Dabur India has a market capitalisation of Rs 93,758.59 crore. Dabur India shares gave return of 1.29% in last 1-week, declined 4% in last 6-months, fell over 2% in last 1-year, and gave return of 32% in last 5-years.

Dabur India Valuation: According to Sharekhan, Dabur India's (Dabur's) Q3FY2024 numbers were decent with revenues growing by 7% y-o-y (4% y-o-y organic volume growth), OPM rising 115 bps y-o-y to 21.2% and adjusted PAT growing by 11.3% y-o-y." Company maintained OPM guidance of 19.5% for FY2024 despite incremental legal charges of Rs. 20-25 crore per quarter towards lawsuits against Namaste LLC. Stock trades at 38x/32x its FY2025E/26E EPS. We maintain a Buy with an unchanged PT of Rs. 635, added Sharekhan.

Dabur India About: Dabur India Limited is a leading Indian consumer goods company with interests in hair care, oral care, health care, skin care, home care and food & beverages. Dabur India Ltd. is one of India's leading FMCG Companies with Revenues of over Rs. 11,530 Crores & Market Capitalization of over Rs. 96,500 Crore. Building on a legacy of quality and experience of over 139 years, Dabur is today India's most trusted name and the world's largest Ayurvedic and Natural Health Care Company, according to its official website.

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