Dabur India will report its fourth-quarter earnings on Thursday and analysts expect the consumer products maker to post subdued results this quarter.
- The earnings expectations are likely to be subdued for a couple of reasons: Firstly, there was rural slowdown which led to sluggish demand.
- Secondly, there were liquidity conditions or liquidity squeeze conditions which affected the wholesale channel as well as the dealer channel.
- The street is working with revenue growth of just about 8-8.5 percent. On the topline, we are working with a number of around Rs 2,200 crore odd.
- The EBITDA likely to grow just by 6 percent, so maybe the margins will come off by a bit. We expect a margin number of 23.3 percent which is a 30-40 bps decline year-on-year and the net profit on the back of that is likely to grow by 6 percent. The number we are working with is Rs 421 crore.