Dabur shares up 4%, Godrej Consumer jumps 6% post-Q1 business updates: Check key numbers and commentary

While Godrej Consumer Products said it expects double-digit revenue growth in rupee terms on a consolidated basis, Dabur said it expects consolidated revenue to grow in low single digits on account of a decline in beverages.

Dabur added that its consolidated operating profit growth is also expected to marginally lag revenue growth.

Dabur shares surged as much as 3.8% to ₹514.35 apiece on the NSE, while GCPL stock gained up to 5.96% to ₹1,264.

Dabur

The FMCG company said that during the quarter, the Indian FMCG sector witnessed a sequential recovery in demand with an uptick in volume growth, particularly in urban markets.

Dabur's Home and Personal Care (HPC) division is expected to perform well, driven by the oral, home and skin care categories.

Key brands such as Dabur Red Toothpaste, Odonil, Odomos, and Gulabari are expected to post strong growth coupled with market share gains.

Within healthcare our brands such as Dabur Honey, Hajmola, Dabur Honitus, and Dabur Health Juices are expected to post robust double-digit growth. Dabur Honitus is expected to perform exceedingly well with over 40% growth.

In terms of channels, organised trade, including e-commerce, quick commerce and modern trade, maintained its growth momentum.

International business is expected to post double-digit constant currency growth led by key markets like MENA, Turkey, Bangladesh and US Namaste business.

The beverage portfolio was impacted during the quarter due to unseasonal rains and a short summer. However, Activ Juices and Activ Coconut Water saw good momentum, with growth expected in the mid-teens. The company is planning to focus on the Activ portfolio going forward to capture the consumer trends and reduce the seasonality of our juices portfolio.

On account of the decline in beverages, Dabur's consolidated revenue is expected to grow in the low single digits. Consolidated operating profit growth is expected to marginally lag revenue growth.

Dabur India Outlook

The company added that with the refreshed strategic vision and favourable macroeconomic conditions such as above-average monsoon, good agricultural output, easing inflation and consumption-focused government measures, it expects revenue growth to regain momentum and trend higher in the coming quarters.

"The fundamentals of the business remain strong, and we are continuing to invest behind our brands, expand our distribution reach, build a strong back end and capture efficiencies to deliver good growth in revenue and profitability for the year," it said.

About Dabur India

Dabur India is one of the leading FMCG companies in India. The company says its portfolio today includes three ₹1,000 crore brands – Dabur Amla, Dabur Red Toothpaste and Real – alongside three ₹500 crore brands and 16 brands in the ₹100-500 crore range.

Today, Dabur is the third most distributed FMCG company, with 8.5 million retail outlets reached. During FY 2024-25, Dabur recorded consolidated revenue from operations of ₹12,563 crore and consolidated profit after tax of ₹1,768 crore.

Godrej Consumer Products Q1 update

The company added that its standalone business is likely to deliver high-single-digit value growth on the back of mid-single-digit UVG. Volume growth has been strongly competitive and is sequentially improving.

The home care business has had a broad-based and strong growth trajectory, with overall home care business likely to deliver double-digit value growth and UVG. The personal care business is expected to grow value in the low single digits, impacted by soaps. Standalone business excluding soaps (which is seeing a price-volume rebalancing driven by commodity volatility) is expected to deliver a very strong performance this quarter with double-digit UVG.

As guided during our latest investor meet (May 2025), "We expect performance to improve sequentially in FY26. We believe for FY26, we are on track to deliver mid-high single-digit UVG for standalone business, high single-digit consolidated INR revenue growth and double-digit consolidated EBITDA growth for the full year," it added.

GCPL added that its standalone EBITDA margin in Q1 FY26 is likely to be below its normative range but is expected to improve. While palm oil prices have started moderating towards the end of June, the benefits of this moderation will only be realised in H2 FY26, it added.

Indonesian businesses faced a significant increase in competitive pricing action across all major categories. This will likely result in flattish UVG.

GAUM (Godrej Africa, USA, and the Middle East) business is likely to deliver strong double-digit value growth and UVG for the second consecutive quarter. Profit growth continues to be healthy.

At a consolidated level, we expect double-digit INR revenue growth on the back of high single-digit UVG.

About Godrej Consumer Products

Godrej Consumer Products (GCPL) is one of the leading names in the household insecticide and hair care segment in emerging markets. In household insecticides, the company claims it is the leader in India, the second-largest player in Indonesia and is expanding its footprint in Africa.

GCPL says it is a leader in serving the hair care needs of women of African descent, the number one player in hair colour in India and Sub-Saharan Africa, and among the leading players in Latin America. We rank number two in soaps in India and are the number one player in air fresheners and wet tissues in Indonesia.