Dabur India (NSE:DABUR) ROE %: 12.91% (As of Mar. 2026) — 43% Below Median


NSE:DABUR Dabur India Ltd NSE:DABUR
94 GF Score
Price ₹423.90
GF Value ₹575.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Dabur India ROE %?

Dabur India NSE:DABUR -0.05% 94 ROE % is 12.91% as of Mar. 2026, which is 43% below its 10-year median of 22.65. GuruFocus rates NSE:DABUR with a GF Score™ of 94/100 and a GF Value™ of ₹575.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Dabur India ranks better than 80.74% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dabur India's annualized net income for the quarter that ended in Mar. 2026 was ₹14,744 Mil. Dabur India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹114,195 Mil. Therefore, Dabur India's annualized ROE % for the quarter that ended in Mar. 2026 was 12.91%.

The historical rank and industry rank for Dabur India's ROE % or its related term are showing as below:

NSE:DABUR' s ROE % Range Over the Past 10 Years
Min: 17.06   Med: 22.65   Max: 28.32
Current: 17.13

During the past 13 years, Dabur India's highest ROE % was 28.32%. The lowest was 17.06%. And the median was 22.65%.

NSE:DABUR's ROE % is ranked better than
80.74% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs NSE:DABUR: 17.13

Dabur India  (NSE:DABUR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14744/114195.2
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14744 / 121520.8)*(121520.8 / 174799.1)*(174799.1 / 114195.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.13 %*0.6952*1.5307
=ROA %*Equity Multiplier
=8.43 %*1.5307
=12.91 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14744/114195.2
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14744 / 18947.2) * (18947.2 / 13584.8) * (13584.8 / 121520.8) * (121520.8 / 174799.1) * (174799.1 / 114195.2)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7782 * 1.3947 * 11.18 % * 0.6952 * 1.5307
=12.91 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Dabur India ROE % Related Terms


Dabur India ROE % Historical Data

* Premium members only.

The historical data trend for Dabur India's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dabur India ROE % Chart

Dabur India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.68 19.67 19.56 17.11 17.06

Dabur India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.86 19.03 16.52 20.44 12.91

NSE:DABUR vs PG, CL, KVUE: ROE % Comparison

For the Household & Personal Products subindustry, Dabur India's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dabur India ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dabur India's ROE % distribution charts can be found below:

* The bar in red indicates where Dabur India's ROE % falls into.


NSE:DABUR
94GF Score
Dabur India Ltd NSE:DABUR
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dabur India ROE % Calculation

Dabur India's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=18950.3/( (108006.9+114195.2)/ 2 )
=18950.3/111101.05
=17.06 %

Dabur India's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=14744/( (0+114195.2)/ 1 )
=14744/114195.2
=12.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.91% mean?
Dabur India (NSE:DABUR) has a ROE % of 12.91% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dabur India and its competitors. This is 43% below median its historical median of 22.65. Over the past decade, Dabur India's ROE % has ranged from 17.06 to 28.32. According to the industry distribution chart, Dabur India ranks #369 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 19.3%.
Is Dabur India's ROE % too high?
Dabur India's current ROE % of 12.91% is 43% below median its 10-year median of 22.65. Over the past 10 years, this metric has ranged from a low of 17.06 to a high of 28.32. The Consumer Packaged Goods industry median ROE % is 6.72. Dabur India's value of 12.91% is 92.1% above this industry median. Based on the distribution chart, Dabur India ranks #369 out of 1916 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Dabur India has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dabur India's ROE % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Dabur India ranks #369 out of 1916 companies for ROE %. This places Dabur India in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. Dabur India's value of 12.91% is 92.1% above this benchmark. Historically, Dabur India's own ROE % has ranged from 17.06 to 28.32 over the past decade. While the company's 10-year median is 22.65 vs. the industry median of 6.72, Dabur India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dabur India's current ROE % of 12.91% is 92.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dabur India and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dabur India's current ROE % is 12.91%, which is 43% below median its own 10-year median of 22.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dabur India stock overvalued right now?
Based on GuruFocus' analysis, Dabur India (NSE:DABUR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹575.27, compared to a current price of ₹423.90 — trading 26.3% below its estimated fair value. The current ROE % is 12.91%, which is 43% below median its 10-year median of 22.65 and 92.1% above the Consumer Packaged Goods industry median of 6.72. Dabur India's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Dabur India (NSE:DABUR), the current ROE % is 12.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dabur India (NSE:DABUR) Overvalued in 2026?

Based on GuruFocus' analysis, Dabur India stock appears to be undervalued. The current stock price of ₹423.90 is trading 26.3% below its estimated GF Value™ of ₹575.27. GuruFocus considers Dabur India to be Modestly Undervalued.

Key valuation signals for NSE:DABUR:

  • ROE %: 12.91% (43% below median its 10-year median of 22.65)
  • GF Value™: ₹575.27 vs. price of ₹423.90 (26.3% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 92.1% above the Consumer Packaged Goods median (#369 of 1916)

No single metric tells the full story. See the NSE:DABUR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dabur India Business Description

Other Exchanges 500096:India
Address Kaushambi, Dabur Corporate Office, Sahibabad, Ghaziabad, UP, IND, 201010
Dabur India Ltd is an Indian FMCG company. Dabur operates in various consumer product categories: hair care, oral care, healthcare, skin care, home and personal care foods. Its portfolio includes the following separate brand identities, promoting a product category: Dabur, for natural healthcare products; Real, for fruit juices and drinks; Vatika, for premium personal care; Hajmola, for digestives; and Fem for skin-care products. The operating segments of the company are; Consumer care, Food, Retail, and others. Maximum revenue is generated from its Consumer care business which represents the sales of home care, personal care, and health care products.
94GF Score

Get the complete analysis for NSE:DABUR

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹423.90
Price
₹575.27
GF Value