Published
May 21, 2018
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Dabur plans Rs 250-300 crore investment this fiscal year

Published
May 21, 2018

The fast moving consumer goods (FMCG) business Dabur India plans to invest between 250 and 300 crore rupees (approximately between 37.6 million US dollars and 45 million dollars) during this financial year and is looking for possible acquisitions.

Dabur will focus on international expansion moving forward - Dabur- Facebook


"We are going in for brownfield expansion to increase capacity this year,” said the Chief Financial Officer at Dabur India, Lalit Malik, during a conference call announcing the business’ March quarter results. “We will have approximately Rs 250-300 crore capex [capital expenditure] for the current year going forward in FY19."

Dabur, which has a large number of beauty brands in its portfolio, also recently acquired two South African cosmetics companies, D&A Cosmetics Proprietary Ltd. and Atlanta Body & Health Products Proprietary Ltd. Dabur’s CEO, Sunil Duggal stated that the business will do something “substantial” with this in India in the near future.

As for future plans, Dabur will focus on international expansion as it yields higher profit margins, according to the business.

"We would not expand in the domestic business, expansion will come from international, so the blended margins may look better," explained Duggal.

Speaking about possible acquisitions, Duggal said: “I think we do have the ability and the resources to do acquisitions even of a large size."

Although Duggal did not name any possible companies, this means that further acquisitions could be on the horizon for the FMCG business.

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