The company is currently in talks with two or three companies, its global CEO Mohit Malhotra says
Dabur India is looking to acquire one or two companies over the next three years, its Global Chief Executive Officer (CEO) Mohit Malhotra said. He added that the company is currently in talks with two or three companies and is continuously on the lookout for targets.
“We are continuously on the lookout for acquisition targets, which are not obscenely expensive and which are making sense and which are synergistic to our entire portfolio,” he said during investors’ conference call. He added that the company’s acquisition strategy is two-pronged, explaining that one is to get a foot in the door in new direct-to-consumer (D2C) players with a minority stake and work with promoter.
He added that once the company turns profitable, the strategy is to then acquire a majority stake. However, he noted that everything depends on the negotiations. “Most of these D2C companies run on process. As a process, you participate in the bid, but you cannot guarantee the success,” he explained.
Q1 Business Performance
Science-based Ayurveda major Dabur India reported a 15 per cent year-on-year uptick in its net profit in the first quarter of the current financial year. The net profit attributable to the owners rose to Rs 590.88 crore in Q1FY27 from Rs 513.91 crore in Q1FY26.
The financial results of the company revealed that revenue from operations rose to Rs 3,764.39 crore in Q1FY27 from Rs 3,404.58 crore in the corresponding period of the last financial year (Q1FY26), marking an uptick of 10.6 per cent. India FMCG business reported 9.5 per cent growth with an underlying volume growth (UVG) of 5 per cent.
Rural India continues to be a bright spot in the consumption landscape, outperforming urban markets for the eighth consecutive quarter. The gap between urban and rural demand growth has narrowed with urban growth supported by strong performance of modern trade, quick commerce and other emerging channels, the company added.
