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Dabur India Ltd. Interim / Quarterly Report 2020
59077_rns_2020-01-30_9c2b363b-34f2-4ea7-b0eb-3eeb69058a18.pdf
Interim / Quarterly Report
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Ref: SEC/SE/2019-20 Date: January 30, 2020
Scrip Symbol: NSE- DABUR, BSE Scrip Code: 500096
To, Corporate Relation Department BSE Ltd Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001
National Stock Exchange of India Ltd Exchange Plaza, 5th Floor Plot No. C/l, G Block Bandra - Kurla Complex Bandra (E), Mumbai - 400051
Sub: Unaudited Financial and Seement-wise Results for the quarter and nine months ended on December 31. 2019
In Compliance of Regulation 30 & 33 of the SEBI [Listing Obligations & Disclosure Requirements) Regulations, 2015, (hereinafter referred as 'Listing Regulations') we are pleased to submit the Unaudited Financial and Segment Wise Results of the Company [Consolidated as well as Standalone), for the quarter and nine months ended on December 31, 2019 along with Limited Review Report thereon [Consolidated as well as Standalone), issued by Auditors of the Company.
The above results have been duly approved by the Board of Directors of the Company in its meeting held today i.e. January 30, 2020. The Board meeting commenced at 12.00 Noon and concluded at
In terms of Regulation 47 of the Listing Regulations, the extract of consolidated financial results, in the prescribed format, shall be published on January 31, 2020 in all editions of Hindustan Times [English Edition) and Delhi-NCR editions of Hindustan (Hindi daily).
The full format of the Standalone and Consolidated Financial Results for the quarter and nine months ended on December 31, 2019 shall be available on the websites of the Stock Exchanges where equity shares of the Company are listed i.e. vvw^v.nseindia.com and www.bseindia.com and on the Company's website at wvAv.dabur.com.
This is for your information and records.
Thanking You,
Yours faithfully,
For Dabur India Limited
<. (AK-fa^T\ Executive V P (Finance) and Company Secretary
End: as above
Walker Chandiok & Co LLP 21 st Floor, DLF Square Jacaranda Marg, DLF Phase II Gurugram-122002 India
T+91 1244628000 F+91 1244628001
Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requiteinents) Regulations, 2015 (as amended)
To the Board of Directors ofDabur India Limited
-
- We have reviewed the accompanying statement of unaudited consolidated financial results ('the Statement') of Dabur India Lunited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group') and its joint venhire (refer Annexure 1 for the list of subsidiaries and joint venture included m the Statement) for the quarter ended 31 December 2019 and the consolidated year to date results for the period 01 April 2019 to 31 December 2019, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Reqiiirements) Regulations, 2015 (as amended), uicludiag relevant circulars issued by the SEBI from time to tirae.
-
- This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('lad AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and as per the presentation requirements ofSEBI Circular CIR/CFD/FAC/62/2016 dated 5 July 2016 (hereinafter referred to as 'the SEBI Circular) and other accounting principles generally accepted m India. Our responsibility is to express a conclusion on the Statement based on our review.
-
- We conducted our review of the Statement in accordance •with the Standard on Review Eagagenieats (SRE) 2410, Revie'w of Interim Fuiancial laforrnation Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interiin financial information consists of making mquiries, primarily of persons responsible for financial and accounting inatters, and applying analytical and other reviev? procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be idendfied in an audit. Accordingly, we do not express an audit opinion.
We also performed procedures in accordance with the SEBI Circular CIR/CFD/CMD1/44/2019 dated 29 March 2019 issued by the SEBI under Regulation 33 (8) of the SEBI (Listing ObUgations jxl Disclosure Requirements) Regulations, 2015 (as amended), to the extent applicable.
Chartered Accountants
Offices In Bengaluru, Chandlgarti, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Nolda and Puns
Walker Chandiok & Co LLP Is registered with limited liability with identification number AAC-2085 and its registered office at L-41 Connaught Circus, New Delhi, 110001, India
Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cant'd)
-
- Based on our review conducted and procedures performed as stated ui paragraph 3 above, and upon consideration of the review reports of the other auditor referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurem.eat principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and as per the presentation requirements of the SEBI Cixcular and other accounting principles generally accepted in India, has not disclosed the inforniadoa required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), includmg the manner in which it is to be disclosed, or that it contains any material mlsstatement.
-
- We did not review the interim financial results of 24 subsidiaries included in the Statement, whose financial information reflect total revenues of ? 692.42 crores and ? 2192.90 crores, total net profit after tax of ? 66.67 crores and ? 255.48 crores, total comprehensive income of ? 76.32 crores and ? 298.95 crores, for the quarter and nine months period ended on 31 December 2019, respectively, as considered la the Statement.These iateritn fitiaacial results have been reviewed by other auditor whose review report have been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the review report of such other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter.
-
- The Statement also includes the Group's share of net pro fit/(loss) after tax of ? (0.15) crores and ? 0.38 crores, and total comprehensive income/(loss) of? (0.15) crores and ? 0.38 crores for the quarter and nme months period ended on 31 December 2019 respectively, in respect of a joint venture, based on their mterim financial results, which have not been reviewed by their auditors, and have been furnished to us by the Holding Conipany's maaagefneat. Our conclusion on the Stateaient, and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), read with SEBI Circular, in so far as it relates to the aforesaid joint venture, are based solely on such unreviewed taterim financial results. According to the tnforniatioa and explanations given to us by the management, these interim financial results ai-e not material to the Group. Our conclusion is not modified in respect of this matter.
For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013
^^ /^^ &itn Kumar 'ay/aer Membership No. 501531 ''^--—-^ UDIN:2.050l5S</iA/»A^^ % ^':^ i -0 *1 ^ r-p <?: ^
Place: New Delhi Date: 30 January 2020
Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as ainended) (Cont'd)
Annexure 1
List of entities included in the Statement
Subsidiaries:
H & B Stores Litnited, Dermoviva Skin Essentials INC, Dabur International Limited, Naturelle LLC, Dabur Egypt Limited, African Consumer Care Limited, Dabur Nepal Private Lunited, Asian Consumer Care Pakistan Private Limited, Asian Consumer Care Private Limited, Hobi Kozmetik, RA Pazarlama, Dabur Lanka Private Limited, Namaste Laboratories LLC, Urban Laboratories International LLC, Hair Rejuvenation & Revitalization Nigeria Limited, Healing Hair Laboratories International LLC, Dabur (UK) Limited, Dabur Consumer Care Private Limited, Dabui Tunisie, Dabur Pakistan Private Limited, Dabur Pars, Dabur South Africa (PTY) Limited, D and A Cosmetics Proprietary Limited, Atlanta Body and Health Products Proprietary Limited and Excel Investments FZE (w.e.f. 20 August 2019).
Toint venture: Forum I Aviation Private Limited.
Dabur India Limited
Statement of unaudited consolidated financial results for the quarter and nine months ended 31 December 2019 -8%' i8&
| (? in s) c ro re |
|||||||
|---|---|---|---|---|---|---|---|
| SI .N o |
'ar tic ula rs |
Qu art de d er en |
're din rte ce g q ua r |
Co din rre sp on g |
Ni ths ne m on |
Co din rre sp on g |
Pr iou ev s y ea r |
| (3 1/ /2 9) 12 01 |
de d en |
de d art qu er en |
de d en |
nin nt hs e mo |
de d en |
||
| (3 0/ /2 9) 09 01 |
(3 1/1 2/2 01 8) |
(3 1/ 12 /2 01 9) |
de d en |
(3 1/0 3/2 9) 01 |
|||
| (3 1/ /2 8) 12 01 |
|||||||
| (U d) ud ite na |
(U ud ite d) ! na |
(U ud ite d) na |
(U ud ite d) na |
(U ud ite d) na |
(A ud ite d) |
||
| 1 | Inc e om |
||||||
| Re e f tio ve nu rom op era ns |
2, 35 2. 97 |
2, 21 1.9 7 |
2, 19 9.2 1 |
6,8 38 .23 |
6, 40 4. 86 |
8,5 33 .05 |
|
| Ot he r in co me |
74 .46 |
81 .78 |
.25 75 |
22 9. 52 |
23 0. 11 |
29 6. 17 |
|
| ota l in co me |
2,4 27 .43 |
2,2 93 .75 |
2,2 74 .46 |
7,0 67 .75 |
6, 63 4. 97 |
8,8 29 .22 |
|
| 2 | Ex pe ns es |
||||||
| Co st of ter ial d ( inc lud ing cis e d uty ) ma s c on su me ex |
92 7. 36 |
96 9. 01 |
84 4. 78 |
2, 87 0. 04 |
2, 59 0. 21 |
3,4 93 .4 1 |
|
| Pu rch of k i rad st n t as es oc e |
17 9. 35 |
19 1.2 9 |
19 8. 14 |
54 1.0 3 |
60 1. 01 |
80 2. 98 |
|
| Ch s i n i ies of fin ish ed od ck -in de d w ork -in tor sto -tra an ge nv en go s, an |
67 .74 |
(7 2) 1.8 |
72 .37 |
(0 .43 ) |
48 .4 8 |
12 .64 |
|
| pro gre ss Em e b efi ts |
|||||||
| plo e ye en ex pe ns Fin sts |
24 4. 75 |
24 1.5 4 |
23 59 7. |
71 7. 68 |
69 6. 03 |
93 7. 91 |
|
| an ce co De cia tio nd isa tio ort |
10 .49 |
15 .24 |
16 .74 |
40 .9 8 |
47 .1 8 |
59 8 .5 |
|
| se pre n a am n e xp en Ot he r e en se s |
54 .40 |
54 .4 7 |
44 .85 |
16 1.6 2 |
13 0. 68 |
17 6.9 0 |
|
| xp Ad rtis t a nd bli cit ve em en pu y |
20 3. 45 |
14 4. 20 |
17 8.0 7 |
||||
| Ot he rs |
23 40 7. |
24 8. 22 |
22 2. S7 |
54 9. 77 72 0. 05 |
51 0. 56 |
60 8. 33 |
|
| ota lex pe ns es |
1,9 24 .94 |
1,7 92 .15 |
1,8 15 .41 |
5,6 00 .74 |
67 6. 23 00 .38 |
93 8.2 2 |
|
| 3 | Pr ofi t b efo sh of rof it f jo int d e tio l it ntu re are p rom ve re an xc ep na em s |
50 2. 49 |
50 1.6 0 |
45 9. 05 |
1,4 67 .01 |
5,3 1,3 34 .59 |
7,0 29 .97 1,7 99 .25 |
| Sh of ofi t/fl s) of joi nt ntu re are pr os ve |
(0 .15 ) |
0. 21 |
0. 52 |
0. 38 |
1. 01 |
0. 96 |
|
| 4 | Pr ofi t b efo pti al ite d t re ex ce on ms an ax |
50 2.3 4 |
50 1.8 1 |
45 9.5 7 |
1,4 67 .39 |
1,3 35 .60 |
1,8 00 .21 |
| Ex pti al ite (r efe 3) ote ce on ms r n |
20 .00 |
40 .00 |
80 .00 |
.34 75 |
|||
| 6 | Pr ofi t b efo tax re |
48 2. 34 |
46 1.8 1 |
45 9.5 7 |
1,3 87 .39 |
1,3 35 .60 |
1,7 24 .87 |
| 7 | I T ax ex pe ns e |
||||||
| Cu a/ ntt rre |
85 .79 |
69 .82 |
93 .59 |
24 2. 33 |
26 1.9 2 |
40 6. 99 |
|
| fe De d t rre ax |
(2 .32 : |
(1 1.6 5; |
(1 .23 ; |
(2 1.2 6' |
(1 .08 : |
(12 8.3 7 |
|
| 8 | Ne rof it f the rio d/y t p or pe ea r |
39 8. 87 |
40 3.6 4 |
36 7.2 1 |
1,1 66 .32 |
1,0 74 .76 |
1,4 46 .25 |
| Ot he he ive in me r c om pre ns co Ite th wi ll n be cla ifie d t rof it o r lo |
|||||||
| ) a |
at ot ms re ss o p ss Inc lat ing ite th wi ll n be cla ifie d t rof it o e t to at ot om ax re ms re ss r |
1. 48 |
2. 71 |
(0. 7G ] |
4. 45 |
(2 ) .28 |
1.8 9; |
| o p los s |
(0 .26 ) |
(0 .46 ; |
0. 16 |
(0 ) .78 |
0. 49 |
(0 ); .22 |
|
| b ) |
Ite 3t wi ll b las ifie d t rof it o r lo |
||||||
| ms e r ec ss o p ss Inc .ix rel ati ite th wi ll b las ifie d t rof it o r lo e t to at om ms e r ec ss ss |
14 .07 |
38 .9 1 |
(2 .58 ; |
68 .14 |
1. 49 |
0. 01 |
|
| ng o p |
(1 ] .03 |
(1. 24 : |
(8. 05 : |
(5 ) .75 |
2. 42 |
1.2 1 |
|
| 9 | To tal reh div e i e f the rio d/y <t» np en nc om or pe ea r <.</t» |
41 3. 13 |
44 3. 56 |
35 5. 98 |
1,2 32 .38 |
6.B S _1 .07 |
1,4 49 .14 |
| Ne iut it a ibu ble t p ttr ta to : |
|||||||
| Ow of the ho ldi ne rs ng co mp an y |
39 7.7 0 |
40 2. 97 |
36 6.0 5 |
1,1 63 .79 |
1,0 71 .90 |
1,4 42 .33 |
|
| No llin g i tro nte t n-c on res |
1. 17 |
0. 67 |
1. 16 |
2. 53 |
_2 .86 |
3. 92 |
|
| Ot he he ive in trib ble at uta to r c om pre ns co me : |
|||||||
| Ow of the ho ldi ne rs ng co mp an y |
14 .2 |
39 .3; |
(10 .16 |
65 .41 |
0. 89 |
1.9 7 |
|
| No tro llin g i nte t n-c on res |
0. 01 |
0. 57 |
(1 .07 ; |
0.6 1 |
J., 23 |
0. 32 |
|
| 10 I |
Pa id- uit ha al alu f 7 1 e |
||||||
| 11 | pit (F h) up eq y s re ca ac e v e o ac [O th ity er e |
17 6.7 1 |
17 6.7 1 |
6.G 17 3 |
17 6.7 1 |
17 6.6 3 |
17 6.6 3 |
| 12 | qu Ea rni sh (F alu f ? ch ) ( lise d) 1 t a ng s p er are ac e v e o ea no nn ua |
5,4 55 .05 |
|||||
| Ba sic |
|||||||
| (? ) Di lut ed (? ) |
2. 25 |
2. 28 |
2.0 1 |
6. 59 |
6. 07 |
8. 17 |
|
| 2. 24 |
2. 27 |
2. 06 |
6. 57 |
6. 05 |
8. 14 |
^^" SIGNED FOR IDENTIFICATION PURPOSE?
Dabur India Limited
Unudited consolidated segment wise revenue, results, assets and liabilities for the quarter and nine months ended 31 December 2019
| (? in s) c ro re |
|||||||
|---|---|---|---|---|---|---|---|
| SI .N o |
Pa rtic ula rs |
Qu nd ed te ar r e |
Pr ed ing ec |
Co din rre sp on g |
Ni th ne m on s |
Co din g rre sp on |
Pr iou ev s y ea r |
| (3 1/ /2 9) 12 01 |
te nd ed qu ar r e |
nd ed te qu ar r e |
de d en |
nin nth e mo s |
de d en |
||
| (3 0/ /2 9) 09 01 |
1/ /2 (3 12 01 8) |
(3 1/ 12 /2 01 9) |
de d en |
(3 1/0 3/ ) 20 19 |
|||
| 1/ /2 (3 12 01 8) |
|||||||
| (U ud ite d) na |
(U ud ite d) na |
(U d) ud ite na |
(U ud ite d) na |
(U ud ite d) na |
(A ud ite d) |
||
| 1 | Se t r gm en ev en ue |
||||||
| A. Co bu sin ns um er ca re es s |
2,0 61 .36 |
1,8 84 .68 |
1,9 11 .56 |
90 .64 5,7 |
5, 34 4. 30 |
13 2.8 6 7, |
|
| B. Fo od bu sin es s |
22 8. 87 |
26 7. 13 |
22 6. 60 |
86 2. 32 |
87 9. 54 |
1,1 58 .6 1 |
|
| Re tai l b ine us ss |
34 .63 |
29 .2 1 |
34 .24 |
96 .15 |
92 .9 3 |
12 4. 39 |
|
| D. Ot he nts r s eg me |
21 .67 |
24 .56 |
21 .42 |
69 .88 |
67 .8 5 |
89 .28 |
|
| E. Un all d o the ing ate rat e oc r o pe re ve nu |
6. 44 |
6. 39 |
5. 39 |
19 .24 |
20 .2 4 |
27 .9 1 |
|
| e f Re rat ion ve nu rom o pe s |
2,3 52 .97 |
2,2 11 .97 |
2, 19 9.2 1 |
6, 83 8.2 3 |
6, 40 4. 86 |
8,5 33 .05 |
|
| 2 | Se ult t r gm en es s |
||||||
| A. Co bu sin ns um er ca re es s |
50 0. 05 |
50 0. 77 |
46 4. 65 |
1,4 34 .47 |
1,2 96 .17 |
1,7 48 .20 |
|
| B. Fo od bu sin es s |
25 .2 8 |
36 .5 8 |
29 .64 |
11 6.2 6 |
13 0. 11 |
17 5. 49 |
|
| Re tai l b ine us ss |
(0 ) .15 |
(0 )' .16 |
1. 33 |
0. 35 |
3. 20 |
4. 12 |
|
| D. Ot he nts r s eg me |
1. 78 |
1. 68 |
1.7 2 |
5. 14 |
5. 95 |
7. 30 |
|
| Su b T ota l |
52 6. 96 |
53 8. 87 |
49 7. 34 |
1,5 56 .22 |
1,4 35 .43 |
1,9 35 .1 1 |
|
| Le : F ina ts ss nc e c os |
10 .4 9 |
15 .2 4 |
16 .74 |
40 .9 8 |
47 .1 8 |
59 .5 8 |
|
| ff u Le : U llo ble nd itu t o llo ble in ss na ca ex pe re ne na ca co me |
13 .9 8 |
22 .0 3 |
21 .55 |
48 .2 3 |
53 .6 6 |
76 .28 |
|
| Pr ofi t b efo sh f p rof it f jo int d e tio l ntu re ar e o rom ve re an xc ep na |
50 2. 49 |
50 1.6 0 |
45 3. 05 |
1,4 67 .0 1 |
1,3 34 .59 |
1,7 99 .25 |
|
| Ite m s |
|||||||
| Sh of ofi t/( los s) of joi nt ntu are pr ve re |
(0 .15 ) |
0. 21 |
0. 52 |
0. 38 |
1. 01 |
0. 96 |
|
| Pr ofi t b efo pti al ite d t re ex ce on ms an ax |
50 2. 34 |
50 1.8 1 |
45 9. 57 |
1,4 67 .39 |
1,3 35 .60 |
1,8 00 .2 1 |
|
| Ex pti al ite (r efe 3) ote ce on ms r n |
20 .00 |
40 .00 |
80 .0 0 |
75 .34 |
|||
| Pr of it b efo tax re |
48 2. 34 |
46 1.8 1 |
45 9. 57 |
1,3 87 .39 |
1,3 35 .60 |
1,7 24 .87 |
|
| Le : T ss ax ex pe ns es |
83 .47 |
58 .17 |
92 .36 |
22 1.0 7 |
26 0. 84 |
27 8.6 2 |
|
| Ne rof it f th rio d/y t p or e pe ea r |
39 8. 87 |
40 3. 64 |
36 21 7. |
1,1 66 .32 |
1,0 74 .76 |
1,4 46 .25 |
|
| 3 | Se t a ets gm en ss |
||||||
| A. Co bu sin ns um er ca re es s |
3,8 88 .89 |
3, 85 6.4 4 |
3,3 97 .77 |
3,8 88 .89 |
3,3 97 .77 |
3,4 05 .99 |
|
| B. Fo od bu sin es s |
82 9. 04 |
79 1.6 7 |
76 5. 53 |
82 9. 04 |
76 5. 53 |
84 7. 07 |
|
| C. R eta il b ine us ss |
13 6. 12 |
12 2. 62 |
61 .80 |
13 6. 12 |
61 .80 |
63 .23 |
|
| D. 0th ts er se gm en |
48 .9 1 |
43 .8 3 |
47 .4 1 |
48 .9 1 |
47 .4 1 |
47 .3 9 |
|
| E. Un all ate d oc |
4, 19 0.3 4 |
4, 27 8. 81 |
3,9 28 .16 |
4, 19 0.3 4 |
3, 92 8. 16 |
4, 07 2. 96 |
|
| To l ta |
9,0 93 .30 |
9, 09 3. 37 |
8,2 00 .67 |
3, 09 3. 30 |
8,2 00 .67 |
8,4 36 .64 |
|
| 4 | Se t li ab ilit ies gm en |
||||||
| A. ."o bu sin ns um er ca re es s |
1,3 15 .21 |
1,2 80 .39 |
1,0 78 .81 |
1,3 15 .2 1 |
1,0 78 .8 1 |
1,1 65 .02 |
|
| B. Fo od bu sin es s |
35 6. 54 |
35 0. 62 |
41 6. 76 |
35 6. 54 |
41 6. 76 |
45 3. 85 |
|
| Re tai l b ine r. us ss i |
11 0.2 3 |
94 .4 5 |
30 .97 |
11 0. 23 |
30 .97 |
32 .00 |
|
| Ll. ui. he nts r s eg me |
13 .43 |
- 1 83 5. |
13 .25 |
13 .43 |
13 .25 |
14 .14 |
|
| k. Un all ate d oc |
98 6. 50 |
1,1 66 .83 |
1,3 88 .23 |
98 6. 50 |
1,3 88 .23 |
1,1 08 .57 |
|
| To l ta |
2, 78 1.9 1 |
2, 90 8. 12 |
2, 92 8. 02 |
2, 78 1.9 1 |
2, 92 8.0 2 |
2, 77 3.5 8 |
SIGNED FOR IDENTIFICATION PURPOSES
Notes_L
- 1 The unaudited consolidated financial results of the Company for the quarter and nine months ended 31 December 2019 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 30 January 2020. The statutory auditors have expressed an unmodified review report on these consolidated financial results.
- 2 Interim dividend of ? 1.40 per share (140 % on par value of ? 1 each), for the financial year 2019-20 aggregating to ? 298.24 crores (including dividend tax) has been paid during the quarter ended 31 December 2019.
- 3 The exceptional item for the current quarter represents provision for impairment in the value of treasury investment due to rating downgrade and default in repayment.
- 4 The Group has adopted Ind AS 116 "Leases" effective 1 April 2019, as notified by the Ministry of Corporate Affairs(MCA) in the Companies (Indian Accounting Standard) Amendment Rules, 2019, using modified retrospective method. The adoption of this standard did not have any material impart on the profit of the current quarter.
- 5 During the quarter ended 31 December 2019, long term investments amounting to ? 50.30 crores and ? 551.66 crores have been invested and redeemed respectively.
- 6 The key standalone financial information of the Company is given below:
| Pa rtic ula rs |
Qu nd ed te ar r e (3 1/ /2 9) 12 01 |
Pr ed ing ec nd ed te qu ar r e (3 0/ 09 /2 01 9) |
Co din g rre sp on nd ed te qu ar r e (3 1/ 12 /2 01 8) |
Ni th ne m on s de d en (3 1/ /2 9) 12 01 |
Co din rre sp on g nin hs nt e mo de d en (3 1/ 12 /2 01 8) |
Pr iou ev s y ea r de d en (3 1/0 3/ ) 20 19 |
|---|---|---|---|---|---|---|
| (U ud ite d) na |
(U ud ite d) na |
(U ud ite d) na |
(U d) ud ite na |
(U d) ud ite na |
(A d) ud ite |
|
| Re e f tio ve nu rom op era ns |
1,7 48 .18 |
1,6 12 .20 |
1,6 64 .46 |
4, 98 8.6 5 |
4, 67 4. 76 |
6,2 73 .19 |
| Pr ofi t b efo tax re |
40 1.5 1 |
37 1.3 0 |
39 5.3 8 |
1,0 99 .14 |
1,0 81 .51 |
1,5 03 .35 |
| Ne rof it f the rio d/y t p or pe ea r |
33 0. 00 |
32 5. 54 |
31 2. 14 |
91 3. 35 |
84 9. 96 |
1,2 64 .29 |
| Ot he he ive in r c om pre ns co me |
4. 61 |
6. 33 |
25 .93 |
22 .59 |
(9 5) .7 |
_(3 .17 )1 |
| To tal reh siv e i e f the rio d/y co mp en nc om or pe ea r |
33 4. 61 |
33 1.8 7 |
33 8. 07 |
93 5. 94 |
84 0. 21 |
1,2 61 .12 |
^
SIGNED FOR IDENTIFICATiCM PURPOSES
For and on behalf of Board of Directors
^ c Amit Burman
Chairman DIN : 00042050
Place: New Delhi Date: 30 January 2020
Walker Chandiok & Co LLP 21 st Floor, DLF Square Jacaranda Marg, DLF Phase I Gurugram-122002 India
T+91 1244628000 F+91 1244628001
Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)
To the Board of Directors of Dabur India Limited
-
- We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of Dabur India Limited ('the Company') for the quarter ended 31 December 2019 and the year to date results for the period 01 April 2019 to 31 December 2019, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligadons and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time.
-
- The Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared m accordance with the recognidon and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and as per the presentation requirements of SEBI Circiilar CIR/CFD/FAC/62/2016 dated 5 July 2016, (hereinafter referred to as 'the SEBI Circular'), and other accounting principles generally accepted in India. Our responsibiUty is to express a conclusion on the Statement based on our review.
-
- We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtam assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
Chartered Accountants
Offices in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Nokla and Pune
with limited liability with identification number AAC-2085 and Us registered office at I--11 Connaught Circus, New Delhi, 110001.1ndia
Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd)
- Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared tn accordance with the recognition and measurement principles laid down ui Ind AS 34, prescribed under Section 133 of the Act, and as per the presentation requirements of the SEBI Circular, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material inisstatement.
For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013
a .er ^f\ND cf '^<?- % •^ ^ -0 Kumar | ^ ^ ^\ ^°lo5o",S,;;4/|/|^1^^ Membership No. 501531 ;' /
Place: New DeUu Date: 30 January 2020
| (? in s) c ro re |
|||||||
|---|---|---|---|---|---|---|---|
| SI .N o |
Pa rtic ula rs |
Qu te nd ed ar r e |
Pr ed ing ec |
Co din g rre sp on |
Ni th ne m on s |
Co di rre sp on ng |
Pr iou ev s y ea r |
| (3 1/ /2 9) 12 01 |
te nd ed qu ar r e |
nd ed te qu ar r e |
de d en |
ni th ne m on s |
de d en |
||
| (3 0/ 09 /2 01 9) |
(3 1/ 12 /2 01 8) |
(3 1/ 12 /2 01 9) |
de d en |
(3 1/0 3/ 20 19 ) |
|||
| (3 1/ /2 8) 12 01 |
|||||||
(U ud ite d) na |
(U ud ite d) na |
(U ud ite d) na |
(U ud ite d) na |
(U ud ite d) na |
(A d) ud ite |
||
| 1 | Inc om e |
||||||
| Re e f ati ve nu ro m op er on s |
1,7 48 .18 |
1,6 12 .20 |
1,6 64 .46 |
4, 98 8. 65 |
4, 67 4. 76 |
6, 27 3. 19 |
|
| Ot he r in co me |
67 .2 7 |
75 .1 2 |
67 .3 5 |
20 9. 85 |
21 1. 69 |
27 4. 74 |
|
| To l in ta me co |
1,8 15 .45 |
1,6 87 .32 |
1,7 31 .8 1 |
5, 19 8. 50 |
4, 88 6. 45 |
6, 54 7. 93 |
|
| 2 | Ex pe ns es |
||||||
| Co of st te ria ls ed ma co ns um |
61 2. 70 |
62 2. 70 |
57 1. 56 |
1,8 79 .95 |
1, 69 4. 41 |
2, 26 2. 51 |
|
| Pu rch of k i rad st n t e as es oc |
21 0. 63 |
26 4. 14 |
22 4. 08 |
69 9. 59 |
71 4. 72 |
98 4. 91 |
|
| Ch s i n i ies of fin ish ed od ck -in ad nd tor sto -tr an ge nv en go s, e a |
71 .8 1 |
(6 ) 4. 87 |
68 .2 1 |
(1 3) 1.4 |
27 .8 7 |
10 .0 9 |
|
| rk- in- wo pr og res s |
|||||||
| Em plo e b efi ts ye en ex pe ns e |
14 9. 70 |
15 0. 89 |
14 7. 86 |
44 4. 70 |
42 9. 12 |
57 2. 33 |
|
| Fin sts an ce co |
4. 65 32 .65 |
5. 83 |
9. 55 |
16 .6 3 |
23 .4 9 |
29 .8 0 |
|
| De cia tio nd rtis ati e pre n a a mo on ex pe ns Ot he |
32 .8 3 |
27 .9 7 |
96 .7 5 |
80 .1 9 |
10 8. 83 |
||
| r e xp en se s Ad rtis t a nd ub lic ity ve em en |
16 6. 27 |
11 2. 12 |
14 6. 96 |
44 5. 09 |
41 3. 84 |
||
| p O th er s |
14 5. 53 |
15 2. 38 |
14 0. 24 |
44 8. 08 |
42 1. 30 |
49 0. 75 58 5. 36 |
|
| To l e ta xp en se s |
1,3 93 .94 |
1,2 76 .02 |
1,3 36 .43 |
4, 01 9. 36 |
3, 80 4. 94 |
5, 04 4. 58 |
|
| 3 P |
fit be fo ion al ite nd pt ta ro re ex ce ms a x |
42 1.5 1 |
41 1. 30 |
39 5. 38 |
1, 17 9. 14 |
1,0 81 .5 1 |
1,5 03 .35 |
| E 4 |
tio l it s ( ref e 3 ) ot xc ep na em er n |
20 .0 0 |
40 .0 0 |
80 .0 0 |
|||
| 5 | Pr of it b ef e t or ax |
40 1.5 1 |
37 1. 30 |
39 5. 38 |
1,0 99 .14 |
1,0 81 .5 1 |
1,5 03 .35 |
| 6 | Ta x e xp en se |
||||||
| Cu nt ta rre x |
74 .1 7 |
57 .6 3 |
85 .2 4 |
20 7. 81 |
23 4. 65 |
36 9. 28 |
|
| De fe d t rre ax |
(2 .6 6) |
(1 1.8 7) |
(2 ,00 ) |
(2 2. 02 ) |
(3 ) .10 |
(13 0.2 2) 1 |
|
| 7 | Ne fit fo he iod /y t p r t ro p er ea r |
33 0. 00 |
32 5. 54 |
31 2. 14 |
91 3. 35 |
84 9. 96 |
1,2 64 .29 |
| 8 | Ot he eh siv e i r c om pr en nc om e |
||||||
| ) a |
Ite th at wi ll n ot be da ifie d t rof it o r lo ms re ss o p ss |
1. 48 |
2. 71 |
(0 6) .7 |
4. 45 |
(2 ) .28 |
4 1.0 |
| Inc lat ing ite th wi ll n be cla ifie d t rof it e t to at ot om ax re ms re ss o p |
(0 6) .2 |
(0 .46 ) |
0. 16 |
(0 .7 8) |
0. 49 |
(0 .22 )1 |
|
| lo or ss |
|||||||
| b | |||||||
| ) | Ite th wi ll b ed ifie d t rof it o r lo at ms e r as ss o p ss |
4. 42 |
5. 32 |
34 .5 8 |
24 .67 |
(1 ) 0. 38 |
(5 )1 .20 |
| Inc lat ing ite th wi ll b las ifie d t rof it o e t to at om ax re ms e r ec ss o p r los s |
(1 3) .0 |
(1 ) .24 |
(8 ) .05 |
(5. )1 75 |
2. 42 |
1. 2l |
|
| 9 T |
al eh siv inc e f th rio d/y ot co m pr en e om or e pe ea r |
33 4. 61 |
33 1. 87 |
33 8. 07 |
93 5. 94 |
84 0. 21 |
1,2 61 .12 |
| 10 I |
l (F f ? h) Pa id- ity sh ita alu 1 e up e qu ar e c ap ac e v e o ac |
17 6. 71 |
17 6. 71 |
17 6. 63 |
17 6. 71 |
17 6. 63 |
17 6. 63 |
| 11 I 12 |
Ot he ity r e qu of ? Ea rni sh Fa lue 1 e t a lis ed nn |
3, 79 2. 19 |
|||||
| e ( h) (no ) ng s p er ar ce va ac ua |
|||||||
| Ba sic (? ) Di lut ed |
1. 87 1. 86 |
1.8 4 1.8 4 |
1.7 7 1.7 6 |
5. 17 15 |
4. 82 |
7. 16 |
|
| (? ) |
5. | 4. 80 |
13 7. |
SIGNED FOR IDENTIFICATION PURPOSES
Dabur India Limited
Unaudited standalone segment wise revenue, results, assets and liabilities for the quarter and nine months ended 31 December 2019
| (? In s) cro re |
|||||||
|---|---|---|---|---|---|---|---|
| SI .N o |
Pa rtic ula rs |
Qu nd ed te ar r e |
Pr ed ing rte ec q ua r |
Co din rre sp on g |
Ni th ne m on s |
Co din rre sp on g |
Pr iou ev s y ea r |
| (3 1/ /2 9) 12 01 |
de d en |
nd ed te qu ar r e |
de d en |
nin nt hs e mo |
de d en |
||
| (3 0/ /2 9) 09 01 |
(3 1/ /2 8) 12 01 |
(3 1/ 12 /2 01 9) |
de d en |
(3 1/0 3/ ) 20 19 |
|||
| (3 1/ 12 /2 01 8) |
|||||||
| (U ud ite d) na |
(U ud ite d) na |
(U ud ite d) na |
(U ud ite d) na |
(U ud ite d) na |
(A ud ite d) |
||
| 1 | Se t r gm en ev en ue |
||||||
| A. C bu sin on su me r c are es s |
1,5 16 .22 |
1,3 43 .88 |
1,4 29 .20 |
4, 14 9.5 6 |
3,8 24 .78 |
5, 15 7.6 0 |
|
| B. Fo od bu sin es s |
20 74 5. |
23 9. 22 |
20 9. 38 |
68 75 5. |
76 7. 65 |
1,0 06 .25 |
|
| Ot he nts r s eg me |
21 .5 9 |
24 3 .5 |
21 .4 2 |
69 .77 |
67 .85 |
89 .28 |
|
| D. U llo ted ot he rat ing na ca r o pe re ve nu e |
4. 63 |
4. 57 |
4. 46 |
13 .64 |
14 .48 |
20 .06 |
|
| Re e f rat ion ve nu rom o pe s |
1,7 48 .18 |
1,6 1Z .20 |
1,6 64 .46 |
4, 98 8.6 5 |
4, 67 4.7 6 |
6,2 73 .19 |
|
| 2 | Se ult t r gm en es s |
||||||
| A. Co bu sin ns um er ca re es s |
41 2. 15 |
40 6. 23 |
39 8. 23 |
1,1 43 .64 |
1,0 53 .9 1 |
1,4 71 .2 1 |
|
| B. Fo od bu sin es s |
24 .1 7 |
29 .7 9 |
25 .3 9 |
90 .3 5 |
92 .12 |
12 2. 84 |
|
| C. O the nts r s eg me |
1. 79 |
1. 68 |
1. 72 |
5. 15 |
5. 95 |
7. 30 |
|
| I S ub To tal |
43 8. 11 |
43 70 7. |
42 5. 34 |
1,2 39 .14 |
1,1 51 .98 |
1,6 01 .35 |
|
| Le : F ina ts ss nc e c os |
4. 65 |
5. 83 |
9. 55 |
16 .63 |
23 .43 |
29 .80 |
|
| Le : U llo ble nd itu ff u llo ble in t o ss na ca ex pe re ne na ca co me |
11 .95 |
20 .5 7 |
20 .4 1 |
43 .3 7 |
46 .98 |
68 .20 |
|
| ofi efo Pr t b pti al ite nd ta re ex ce on ms a x |
42 1.5 1 |
41 1.3 0 |
39 38 5. |
1,1 79 .14 |
1,0 81 .5 1 |
1,5 03 .35 |
|
| Ex pti al ite (r efe 3) ote ce on ms r n |
20 .00 |
40 .0 0 |
80 .00 |
||||
| Pr of it b efo tax re |
40 1.5 1 |
37 1.3 0 |
39 5. 38 |
1,0 99 .14 |
1,0 81 .51 |
1,5 03 .35 |
|
| Le : T ss ax ex pe ns es |
71 .5 1 |
45 .7 6 |
83 .24 |
18 5. 79 |
23 1.5 5 |
23 9. 06 |
|
| Ne rof it f th rio d/y t p or e pe ea r |
33 0. 00 |
32 5. 54 |
31 2. 14 |
91 3. 35 |
84 9. 96 |
1,2 64 .29 |
|
| 3 | Se t a ets gm en ss |
||||||
| A. Co bu sin ns um er ca re es s |
2,0 26 .94 |
1,9 67 .55 |
1,7 41 .8 1 |
2,0 26 .94 |
1,7 41 .81 |
1.8 02 .55 |
|
| B. Fo od bu sin es s |
32 8. 54 |
31 0. 13 |
27 64 5. |
32 8. 54 |
27 5. 64 |
31 9. 39 |
|
| C . O the nts r s eg me |
36 .24 |
31 .0 1 |
35 .07 |
36 .24 |
35 .07 |
35 .10 |
|
| D. U llo ted na ca |
3,5 49 .49 |
3,5 92 .97 |
3, 19 6.9 8 |
3,5 49 .49 |
3, 19 6.9 8 |
3,4 21 .74 |
|
| To l ta |
5,9 41 .2 1 |
5,9 01 .66 |
5,2 49 .50 |
5,9 41 .21 |
5,2 49 .50 |
5, 57 8. 78 |
|
| 4 | Se t li ab ilit ies gm en |
||||||
| A. Co bu sin ns um er ca re es s |
81 63 5. |
74 2. 75 |
74 8. 61 |
81 5. 63 |
74 8. 61 |
81 1.9 2 |
|
| B. Fo od bu sin es s |
22 3. 45 |
23 0. 11 |
25 7. 97 |
22 3.4 5 |
25 97 7. |
26 7. 11 |
|
| C. O the nts r s eg me |
13 .43 |
15 .83 |
13 .25 |
13 .43 |
13 .25 |
14 .14 |
|
| D. U llo ted na ca |
56 7. 93 |
63 9. 86 |
69 9. 90 |
56 7.9 3 |
69 9. 90 |
51 6. 79 |
|
| To l ta |
1,6 20 .44 |
1,6 28 .55 |
1,7 19 .73 |
1,6 20 .44 |
1,7 19 .73 |
1,6 09 .96 |
^^'
SIGNED FOR IDENTIFICATION PURPOSES
Notes:
^
- 1 The unaudited standalone financial results of the Company for the quarter and nine months ended 31 December 2019 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 30 January 2020. The statutory auditors have expressed an unmodified review report on these standalone financial results.
- 2 Interim dividend of? 1.40 per share (140 % on par value of? 1 each), for the financial year 2019-20 aggregating to ? 298.24 crores (including dividend tax) has been paid during the quarter ended 31 December 2019.
- 3 The exceptional item for the current quarter represents provision for impairment in the value of treasury investment due to rating downgrade and default in repayment.
- 4 The Company has adopted Ind AS 116 "Leases" effective 1 April 2019, as notified by the Ministry of Corporate Affairs (MCA) in the Companies (Indian Accounting Standard) Amendment Rules, 2019, using modified retrospective method. The adoption of this standard did not have any material impact on the profit of the current quarter.
- 5 During the quarter ended 31 December 2019, long term investments amounting to ? 50.30 crores and ? 458.20 crores have been invested and redeemed respectively.
For and on behalf of Board of Directors
^ c
Amit Burman Chairman DIN : 00042050
Place: New Delhi Date:30 January 2020
SIGNED FOR IDENTIFICATION PURPOSES
