BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Dabur India Ltd.'s Q3 FY21 results were in line with our estimate. Domestic fast moving consumer goods volumes increased by 18.1% YoY - second consecutive quarter of double digit volume growth.
Growth in the domestic market was driven by health care (up 28.1%) and home and personal care (up 15.9%) business.
Healthcare contribution grew from 40% in Q3 FY20 to 44% in Q3 FY21 led by market share gains in chyawanprash and honey.
The healthcare category is expected to grow faster post Covid-19 with new launches
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