Dabur India is a major player in the Fast-Moving Consumer Goods (FMCG) industry. In recent years, Dabur India has been expanding its reach and expanding its product line to reach new customers.
In a major move, Dabur India has acquired a controlling interest of 51% in Badshah Masala, solidifying its position in the FMCG market. With this acquisition, Dabur India has become a major player in the spice and masala segment, and has increased its market share in India.
Investors and traders are now looking at Dabur India as a potential stock to invest in, with many wondering what the future holds for the company’s share price. This article will explore the Dabur India share price target for the years 2023 to 2030, and whether the company is a good auto stock to buy.
About the Company
Dabur India is the fourth-largest FMCG Company in India and has a presence in more than 60 countries globally. Its portfolio includes over 300 products ranging from hair oils, toothpastes, shampoos, and ayurvedic medicines. The company also offers a wide range of health supplements and herbal products.
Dabur India has achieved remarkable success in the Indian market as well as in international markets. It has been consistently ranked among the top companies in terms of market share and brand recognition. In addition, the company has established a strong network of distributors, retailers and other partners who support its growth. It is also actively involved in various CSR activities such as tree plantation and environmental protection. This has enabled it to build a strong relationship with its customers and to maintain its position as a leader in its industry.
Stock history of Dabur India
Dabur India Limited stock has been traded on the National Stock Exchange of India since 1996.
In the early 2000s, Dabur India’s stock price rose steadily as the company continued to expand its presence in the Indian market. In 2005, Dabur India’s stock price rose to a peak of around Rs. 162.00 before dropping back to Rs. 100.00 in 2006. The stock began to steadily rise again in 2007, eventually reaching a high of Rs. 260.00 in 2008.
The stock then saw a sharp decline in 2009, dropping to a low of Rs. 105.00. After a period of consolidation, the price began to steadily rise again, reaching a high of Rs. 315.00 in 2011. The stock then saw a period of volatility before stabilizing around Rs. 250.00 in 2013. Since then, the stock has seen many ups and downs.
As of January 2023, the stock was trading at Rs. 558.00.
Latest news about Dabur India
- Dabur India has reported its financial results for the first quarter of the fiscal year 2024. Despite a 3.5% increase, the net profit stands at Rs 456.61 crore. However, the stock’s performance has shown a decline.
- Dabur’s stock has experienced a decrease of more than 3% due to emerging reports regarding the presence of a potentially carcinogenic substance in their honey products.
- In the fiscal year 2023, an additional five brands under the Dabur umbrella have achieved sales exceeding ₹100 crore.
How to buy Dabur India shares?
To buy Dabur India shares, you can open a demat account with a broker and deposit funds into the account. Once you have the funds available, you can place a buy order for the desired number of shares with the help of the broker. The broker will then execute the order on the stock exchange and the shares will be credited to your demat account.
You can also buy shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Dabur India: 2023 to 2030
Share Price Target 2023 of Dabur India is ₹763.61
| When | Maximum Price | Minimum Price |
| August 2023 | ₹610.2 | ₹476.78 |
| September 2023 | ₹650.81 | ₹500.62 |
| October 2023 | ₹619.82 | ₹476.78 |
| November 2023 | ₹681.80 | ₹524.46 |
| December 2023 | ₹763.61 | ₹587.39 |
The table represents the Dabur India’s share price prediction for 2023. The maximum price for the year 2023 was recorded in December, reaching ₹763.61
The minimum price for the year 2023 was recorded in August, reaching ₹610.2 The growth percentage for the year 2023 was approximately 15.2%, with the share price increasing from ₹610.2 in August to ₹763.61 in December.
Overall, the trend for the year 2023 is bullish with an uptrend, indicating a positive outlook for investors in Dabur India.
Share Price Target 2024 of Dabur India is ₹1,069.09
| When | Maximum Price | Minimum Price |
| January 2024 | ₹803.80 | ₹618.31 |
| February 2024 | ₹903.15 | ₹752.62 |
| March 2024 | ₹950.68 | ₹772.91 |
| April 2024 | ₹864.26 | ₹664.81 |
| May 2024 | ₹720.21 | ₹554.01 |
| June 2024 | ₹864.26 | ₹664.81 |
| July 2024 | ₹734.62 | ₹569.47 |
| August 2024 | ₹808.08 | ₹641.33 |
| September 2024 | ₹848.48 | ₹652.68 |
| October 2024 | ₹998.22 | ₹767.86 |
| November 2024 | ₹1,048.13 | ₹806.25 |
| December 2024 | ₹1,069.09 | ₹822.38 |
The table shows the Dabur India’s share price prediction for 2024. In this year, the share price of Dabur India saw a significant increase, with the maximum price for the year 2024 recorded in October, reaching ₹998.22.
The minimum price for the year 2024 was recorded in May, reaching ₹720.21. The growth percentage for the year 2024 was approximately 26.6%, with the share price increasing from ₹618.31 in January to ₹822.38 in December. The trend for the year 2024 is bullish with a clear uptrend, indicating a positive outlook for investors in Dabur India.
The maximum share price target for 2024 was ₹1,048.13 and the minimum share price target was ₹720.21. The growth in the share price of Dabur India in 2024 demonstrates the company’s continued success and increasing market presence.
Share Price Target 2025 of Dabur India is ₹1,296.82
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,090.47 | ₹838.82 |
| February 2025 | ₹1,147.87 | ₹882.97 |
| March 2025 | ₹1,205.26 | ₹927.12 |
| April 2025 | ₹1,076.12 | ₹827.79 |
| May 2025 | ₹978.29 | ₹752.53 |
| June 2025 | ₹1,076.12 | ₹827.79 |
| July 2025 | ₹1,024.88 | ₹788.37 |
| August 2025 | ₹1,067.58 | ₹821.22 |
| September 2025 | ₹1,120.96 | ₹862.28 |
| October 2025 | ₹1,188.22 | ₹914.02 |
| November 2025 | ₹1,271.40 | ₹978.00 |
| December 2025 | ₹1,296.82 | ₹997.56 |
In 2025, the share price of Dabur India saw a continued upward trend, with the maximum price for the year 2025 recorded in November, reaching ₹1,271.40. The minimum price for the year 2025 was recorded in April, reaching ₹1,076.12. The growth percentage for the year 2025 was approximately 21.3%, with the share price increasing from ₹838.82 in January to ₹997.56 in December.
The trend for the year 2025 is bullish, reflecting a continued positive outlook for Dabur India’s future. The maximum share price target for 2025 was ₹1,296.82 and the minimum share price target was ₹1,076.12. The growth in the share price of Dabur India in 2025 highlights the company’s continued success and dominance in the FMCG industry.
Dabur India Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹907.78 | ₹635.44 |
| 2027 | ₹771.61 | ₹540.13 |
| 2028 | ₹1,388.90 | ₹972.23 |
| 2029 | ₹2,853.01 | ₹1,997.11 |
| 2030 | ₹3,177.22 | ₹2,224.05 |
As we move forward to the year 2026 to 2030, the forecast for Dabur India’s share price remains bullish with significant growth potential.
In 2026, the maximum price target for the company is ₹907.78 with a minimum price of ₹635.44.
The following year, in 2027, the maximum price is ₹771.61 with a minimum price of ₹540.13, reflecting a more modest growth in comparison to previous years. However, in 2028, the company is expected to see a significant surge in its share price with a maximum price target of ₹1,388.90 and a minimum of ₹972.23.
The trend continues in 2029 and 2030 with maximum price targets of ₹2,853.01 and ₹3,177.22, respectively, and minimum prices of ₹1,997.11 and ₹2,224.05.
Overall, Dabur India is expected to continue its upward trend in the upcoming years, making it a good auto stock to buy for potential investors.
Financial Condition of Dabur India: Last 5 years
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales | 8,515 | 8,685 | 9,562 | 10,889 | 11,530 |
| Expenses | 6,775 | 6,892 | 7,560 | 8,637 | 9,367 |
| Operating Profit | 1,740 | 1,792 | 2,002 | 2,252 | 2,162 |
| OPM % | 20% | 21% | 21% | 21% | 19% |
| Other Income | 222 | 205 | 325 | 308 | 445 |
| Interest | 60 | 50 | 31 | 39 | 78 |
| Depreciation | 177 | 220 | 240 | 253 | 311 |
| Profit before tax | 1,725 | 1,728 | 2,056 | 2,269 | 2,219 |
| Tax % | 16% | 16% | 18% | 23% | 23% |
| Net Profit | 1,446 | 1,448 | 1,695 | 1,742 | 1,701 |
| EPS in Rs | 8.17 | 8.18 | 9.58 | 9.84 | 9.64 |
| Dividend Payout % | 34% | 37% | 50% | 53% | 54% |
Over the last five years, Dabur India has demonstrated a consistent growth trajectory in its financial performance. The company’s sales have steadily increased from INR 8,515 crore in March 2019 to INR 11,530 crore in March 2023. Despite economic challenges, Dabur managed to maintain a strong operating profit margin (OPM) of around 20-21% during this period, indicating efficient cost management.
The company’s diverse income streams are evident in its other income figures, which have also grown over the years, reaching INR 445 crore in March 2023. It’s noteworthy that Dabur’s interest expenses have experienced some fluctuations, which could be attributed to changes in borrowing or financial management strategies.
While depreciation costs have gradually increased, Dabur’s ability to generate higher operating profits has balanced the impact on its overall profitability. The pre-tax profit has consistently shown an upward trend, reflecting the company’s strategic decisions and market positioning.
However, it’s important to highlight a gradual rise in the tax percentage, which could be an area of concern. This might signify changes in taxation regulations or the company’s composition of income sources.
Despite these challenges, Dabur’s net profit has generally increased over the years, with a peak at INR 1,742 crore in March 2022. Earnings per share (EPS) have followed a similar pattern, showcasing steady growth.
The company’s commitment to shareholder value is evident in its dividend payout percentage, which has progressively increased from 34% in March 2019 to 54% in March 2023. This indicates Dabur’s dedication to rewarding its investors while maintaining a prudent financial strategy.
In conclusion, Dabur India’s financial performance over the last five years reflects a company that has managed to navigate market fluctuations, sustain growth, and prioritize shareholder interests through a combination of effective cost management, diverse income sources, and a strong operating performance.
Dabur India Limited Share Price Target By Experts
- Sharekhan has issued a BUY recommendation for Dabur India Ltd’s shares, suggesting that investors should consider purchasing these shares. Sharekhan has set a target price of Rs 640 for Dabur India Ltd’s shares.(August 7,2023)
- Motilal Oswal has also provided a BUY recommendation for Dabur India Ltd’s shares. According to Motilal Oswal, investors are advised to continue buying Dabur India Ltd shares, with a target price of Rs 640.(april 10,2023)
FAQS
Will the share price of Dabur India increase in 2023?
It is anticipated that Dabur India per share price will increase to ₹763.61 by the end of 2023.
What is the share price target of Dabur India for 2025?
The share price target of Dabur India for 2025 is ₹1,296.82.
What is the share price target of Dabur India for 2030?
The per share price of Dabur India might reach around ₹3,177.22 by the end of 2030.
Can Dabur reach 700 INR in 2023?
Yes, Dabur can reach 700 INR by the end of 2023. The maximum it can touch is Rs. 763 in December 2023.
What is Dabur India current market value?
As of January 2023, the Dabur India stock price is ₹558, with a market capitalisation of 985.91 billion INR.
Also read:
Infosys Ltd Share Price Target: 2023 to 2030.
Adani Transmission Limited Share Price Target: 2023 to 2030.
Godrej Properties Ltd Share Price Target: 2023 to 2030.
Conclusion
In conclusion, Dabur India has been a promising company over the last few years and is expected to continue its strong performance in the coming years. Its share price has been steadily increasing and, with its strong financials and a focus on innovation and organic growth, is likely to continue its uptrend over the next decade. The company is expected to increase its market share and provide good returns to shareholders in the coming years. With the right strategies and execution, Dabur India’s share price target for 2023 to 2030 could easily be achieved.
Hello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.
