Dabur Q4 FY26 Result: Net profit rises 15% to ₹369 crore YoY; board recommends final dividend for FY26

Dabur reported a decline in its consolidated net profit of 15% to ₹369 crore for the quarter ending March 31, 2026, on Thursday, May 7. Its net profit for Q4 FY25 was at ₹320 crore.

The company’s revenue from operations stood at ₹3,038 crore during the quarter under review as compared to ₹2,830 crore in the same quarter last fiscal year, marking an increase of 7.3% year-on-year (YoY).

The homegrown FMCG firm’s operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA) for Q4 FY26, grew 8.2% to ₹462 crore as against ₹427 crore seen in the corresponding quarter the previous year.

Its margin also improved marginally to 15.21% from an earlier 15.09% YoY.

Dabur’s India FMCG business operating profit rose 12.5% during the quarter, reflecting strong execution in the domestic FMCG business and healthy underlying volume growth of 6%.

In the fourth quarter, Dabur said rural markets continued to outpace urban consumption with rural demand growing ahead of urban India by 350 basis points (bps).

“That said, the gap between rural and urban growth has narrowed significantly compared to December 2025, reflecting a more balanced consumption recovery. We expect this convergence to continue. Within urban India, e-commerce and modern trade have been driving demand, growing by 49% and 19% respectively,” said Dabur India Global CEO Mohit Malhotra.

Dabur’s revenue for the full year 2025-26 marked a 5% growth at ₹13,193 crore, while net profit for the year reported a 7.4% growth at ₹1,869 crore.

Commenting on the earnings, Malhotra further said: "Amid heightened geopolitical tensions in the Middle East that drove inflation, elevated freight costs, and impacted consumer demand in select markets, Dabur demonstrated agility in navigating the operating environment.”

Malhotra further said that the company delivered a resilient performance during the fourth quarter of FY26, supported by proactive supply chain diversification through alternative routes to key geographies, disciplined cost controls, calibrated price increases, and strong brand-led consumer engagement.

Dividend details

Along with its earnings, the Board of Directors of Dabur India Ltd has recommended a final dividend of ₹5.50 per equity share of face value ₹1 (550%) for FY26, subject to approval by shareholders at the upcoming annual general meeting.

"In line with our payout policy, the Board has proposed a dividend of ₹5.50 per share, aggregating to ₹975.50 crore," Dabur India Ltd Group Director P. D. Narang said.

Details regarding the record date, book closure, and dividend payment timeline will be announced in due course. The company's AGM will be held on August 6, 2026.

International business

Despite facing headwinds in the Middle East, Dabur's international business grew by 2.5% during the quarter, led by Sub-Saharan Africa (20%), the UK & EU (10%), Namaste US (6.2%), and Bangladesh (22%).

Category growths

Dabur's hair care portfolio grew by about 27% during the quarter, led by the hair oils business, which reported a 28% growth. The Home Care business posted over a 24% growth, while the Digestives business ended the quarter with around a 15% gain.

Dabur's skin & salon business grew by over 12%, while the toothpaste category was up by over 7%. The OTC & Ethicals business also ended Q4 with around a 7% jump. The Badshah portfolio recorded 12% growth during the quarter.

“Quick Commerce is driving the online business, posting a growth of 54%. This channel was a major contributor to our food business, which grew by 30% in Q4. We will continue to double down on emerging channels, which serve as the incubators for Dabur's innovation and premium products,” Malhotra added.