SMAR Daily Industry News

Emami and Dabur Q2 FY27 Results: Profit, Revenue & Dividends

Both Emami Ltd. and Dabur India Ltd. reported their September quarter results for FY 2026-27, prompting a near-7% rise in each stock over the past week. Emami’s consolidated net profit fell 1.92% year-on-year to ₹145.50 crore, while its revenue jumped 36.2% to ₹1,087.65 crore. Dabur posted a 12.09% increase in net profit after tax to ₹498.57 crore, with revenue rising 11.74% to ₹3,563.07 crore compared with the same period a year earlier.

The profit dip at Emami was attributed to higher input costs and a normalisation of its effective tax rate. Dabur’s growth came from its core consumer-goods segments, which include healthcare, personal care, hair care and oral care products. Both companies declared dividends for FY27: Emami set a ₹5 per share payout with a record date of November 13, and Dabur approved a ₹3.50 per share dividend with a record date of November 9.

Market reactions showed Emami closing at ₹387.05 per share, delivering a 7.54% weekly gain but only modest longer-term returns. Dabur’s share closed at ₹385.50, up 4.37% over the week yet down 27% over the past year. Analyst coverage varies: Motilal Oswal maintains a neutral rating on Dabur with a target of ₹425, while another brokerage retains a buy rating with a target of ₹475. No target price was disclosed for Emami in the source.

Overall, the results highlight divergent performance trends within India’s FMCG sector, with Dabur’s profit acceleration contrasting Emami’s margin pressure despite strong revenue growth.

Why it matters

Investors tracking Indian FMCG stocks need to assess how profit trends and dividend policies affect valuation and future price momentum.

FAQ

What were the net profit figures for Emami and Dabur in Q2 FY27?
Emami reported a net profit of ₹145.50 crore, while Dabur posted ₹498.57 crore.

How did revenue change for each company in the quarter?
Emami's revenue rose 36.2% to ₹1,087.65 crore; Dabur's revenue increased 11.74% to ₹3,563.07 crore.

What dividends were announced and when are the record dates?
Emami declared a ₹5 per share dividend with a record date of November 13; Dabur announced a ₹3.50 per share dividend with a record date of November 9.

What are the recent share price movements for the two companies?
Emami closed at ₹387.05, up 7.54% weekly; Dabur closed at ₹385.50, up 4.37% weekly but down 27% over the year.

Source: Mint Markets. See the original source for full details.