Dabur India shares surge 4% as revenue, PAT expected to record double-digit growth in Q2; check business updates

This comes as the company reported its business update for the July-September quarter of the 2026-27 financial year (Q2 FY27).

It stated that the demand conditions remained steady during the quarter despite a volatile operating environment marked by renewed geopolitical tensions in the Middle East, persistent inflationary pressures across various commodities, and deficit rainfall.

“We remain optimistic for further acceleration in consumption, supported by the upcoming festive season, while continuing to monitor the evolving geopolitical and inflationary environment,” it said in a regulatory filing.

Q2 FY27 revenue and profit estimates

At a consolidated level, Dabur added that it expected revenues to record double-digit growth.

It added that the India FMCG business is expected to sustain its growth momentum and accelerate to double-digit growth, marking its strongest performance in recent quarters.

Additionally, the company expects its profit after tax (PAT) to continue growing at a double-digit level.

“Supported by strong business fundamentals, we remain focused on delivering sustainable, profitable growth through disciplined execution of our growth strategy, enhanced cost competitiveness and digital capabilities,” it added.

Segment-wise Q2 FY27 performance expectations

The company expects the HPC segment to record double-digit growth. It estimates that hair oils and shampoos will deliver high-teens growth, led by robust performance in both perfumed and coconut hair oils, reflective of healthy consumer demand. “This marks the fourth consecutive quarter of double-digit growth,” Dabur added.

It further noted that oral care is estimated to post mid-single-digit growth on a high base, driven by continued investment and franchise strength.

Furthermore, home care is expected to register high-single-digit growth, while skin care is expected to grow at double-digit growth, reflecting strong brand equity across our portfolios.

The healthcare segment is estimated to register record mid-single-digit growth, with over-the-counter (OTC) & Ethicals estimated to register sequential recovery with early-teens growth.

Dabur India expects digestives to continue its strong momentum and post high-teens growth.

However, it noted that health supplements were impacted by the ongoing transition to refreshed packaging and labels across the portfolio, resulting in a temporary drag on performance during the quarter.

The business is expected to record mid-teens growth, with the Foods segment estimated to continue its robust growth momentum with strong double-digit growth.

During the second quarter of FY27, the Beverages portfolio registered a sequential recovery and is likely to grow in the early teens, driven by expanded offerings across formats and price points and a favourable season.

Its emerging channels, comprising e-commerce and quick commerce, are expected to report strong growth momentum led by the firm’s continued investments and focus on an omnichannel distribution approach.

“Modern Trade continues to grow at double digits. General Trade continued to grow across both urban and rural markets, with rural continuing to outpace urban, led by continued efforts under Project Saksham,” the company further stated.

Dabur India’s international business, despite severe headwinds in the Middle East, is expected to post high-teens growth in INR terms, with key markets like Egypt, Turkey, USA, Bangladesh and UK, each recording strong double-digit growth in INR terms in Q2 FY27.

“Our key brands continued to deliver robust growth across categories, supported by focused brand investments and wider distribution reach,” Dabur stated, adding that “Inflationary pressures continue to remain elevated, particularly in HPC and OTC & Ethicals. Operating margins were impacted by inflationary pressures during the quarter; partly offset by calibrated price increases and ongoing cost-saving initiatives.”

Dabur India stock performance

At around 1:29 PM, the stock of Dabur India was trading 2.26% higher at ₹387.20 per equity share.

The scrip has advanced 2% in the past week and over the month. However, on a year-to-date (YTD) basis, it has fallen nearly 23%.

While the shares hit a 52-week high of ₹534 per unit on January 5, 2026, they touched a year’s low of ₹368.05 apiece on September 9, 2026.

Dabur India has a total market capitalisation of ₹68,652.14 crore as of October 6, 2026, according to data on the NSE.