revenue growth

Dabur remains a top pick in the Consumer Goods sector for Emkay Global due to its diversified portfolio and strong execution. The company’s focus on rural growth remains firm, with distribution expansion showing robust progress. Dabur’s strategy of expanding the Total Addressable Market (TAM) across brands with well-supported category extensions through distribution and marketing continues to yield positive results. Emkay Global maintains a BUY rating on Dabur, with a target price of ₹700 per share by June 2025, based on a 46x P/E multiple. The brokerage expects Dabur to achieve a compound annual growth rate (CAGR) of 10% in sales and 15 per cent in earnings over FY24-27.

The Good Glamm Group aims to go for an IPO around October next year. The company recently closed its Series E fund-raise round. Darpan Sanghvi, Group Founder & CEO of Good Glamm Group told businessline, that company is targeting to achieve a revenue of ₹1,500 crore before going for an IPO. The company, which has made many acquisitions in the past 3-4 years, has a portfolio of brands that include MyGlamm, the Moms Co, Sirona, Organic Harvest and St.Botanica. Theseo brands are supported by the company’s content, creators and community divisions.

Target: ₹3,435