Dabur Ltdis an Indian multinationalconsumer goodscompany, founded by S. K. Burman and headquartered inGhaziabad.[4]It manufacturesAyurvedicproducts[5]andfast-moving consumer goods.[6]Dabur derives around 60% of its revenue from the consumer care business, 11% from the food business and remaining from the international business unit.[7]
Company type | Public |
---|---|
ISIN | INE016A01026 |
Industry | Consumer goods |
Founded | 1884Kolkata,India | in
Founder | S. K. Burman |
Headquarters | , India |
Area served | Worldwide |
Key people |
|
Products | |
Revenue | ₹12,886 crore(US$1.5 billion) (FY24) |
₹2,359 crore(US$280 million) (FY24) | |
₹1,811 crore(US$220 million) (FY24) | |
Total assets | ₹15,123 crore(US$1.8 billion) (FY24)[1] |
Total equity | ₹10,303 crore(US$1.2 billion) (FY24) |
Owner | Burman family (66.24%)[2] |
Number of employees | 7,740 (March 2020)[1] |
Subsidiaries |
|
Website | www |
Footnotes / references [3] |
History
editDabur was founded inKolkataby Ayurvedic practitioner S. K. Burman in 1884. In the mid-1880s, he formulated Ayurvedic medicines for diseases like cholera, constipation and malaria.[8]As a qualified physician, he went on to sell his medicines inBengalon a bicycle. His patients started referring him and his medicines as "Dabur", aportmanteauof the wordsdaktar(doctor) and Burman.[9]He later went on to mass-produce his Ayurvedic formulations.
C.L. Burman, set up Dabur's first R&D unit. Later, his grandson, G.C Burman wasgherao-edby his own workers during a labor unrest in Kolkata. Due to the unpleasant situation, G.C Burman decided to move the factory toDelhi,where his brothers later relocated. In Delhi, the business thrived and the company soon becameheadquarteredthere. In the words ofbusiness historianSonu Bhasin "Calcutta's loss was Delhi's gain."[9]
In 1997, Dabur set up a wholly-owned consumer goods subsidiary called Dabur Foods under which it launched its fruit juice brand called Real.[10][11]
In 1998, Dabur separated ownership from management, when they handed over the management of the company to professionals.[8]
Daburdemergedits pharma business in 2003 and hived it off into a separate company, Dabur Pharma.[12]German companyFreseniusbought a 73% stake in Dabur Pharma for₹872 crore(US$200.44 million) in 2008.[13]
In 2005, Dabur acquired three Balsara group companies, gaining control of brands such asBabool,Promise,Meswak,Odonil, Odomos, Odopic, and Sani Fresh.[14]
In 2009, Dabur completed the acquisition of a majority stake in female skincare products company Fem Care Pharma for₹270 crore(US$55.78 million) and later merged the company into itself.[15]
In 2022, Dabur acquired a 51% stake in the Indian spices company Badshah Masala for₹588 crore.[16]
In November 2024, Dabur acquired a 51% stake in Sesa Care, an Indian haircare company for an enterprise value of₹315-325 crore.[17]
Philanthropy
editDabur's Sustainable Development Society (Sundesh) is a non-profit organisation started by Burman that aims to carry out welfare activities in the spheres of health care, education and othersocio-economicactivities. Dabur drives itscorporate social responsibility(CSR) initiatives through Sundesh.[18][19]
The 2015 Brand Trust Report puts Dabur at 19th place.[20]
Controversy
editFormer executive director Pradip Burman was on the list ofblack moneyaccount holders on 27 October 2014 when the government published the list. Dabur rejected the black money charge.[21]
In December 2020, a report by theCentre for Science and Environmentshowed that Dabur Honey, along with other major brands' products, was adulterated with sugar syrup.[22]
Hajmola or Hazmola (transl. Digestion, from hazma/hajma) is an ayurvedic digestive tablet sold as a treatment fordyspepsiaby Dabur under that name since the 1950s. Acounterfeitof the product was trademarked by "Hilal Foods (Pvt.) Limited" (estb. 1986),[23]aKarachibased company in Pakistan, which had been selling it since at least the 1980s. When Dabur began operating in Pakistan, Hilal filed anintellectual property infringementsuit against Dabur which was ultimately settled by theSindh High Courtallowing both Hilal and Dabur to use the Hajmola trademark.[24]
See also
editReferences
edit- ^ab"Dabur Ltd Results"(PDF).Dabur.Archived fromthe original(PDF)on 30 August 2021.Retrieved2 November2020.
- ^"Shareholding Pattern, 31st March 2021"(PDF).Archived(PDF)from the original on 27 May 2021.
- ^"Annual Report 2014-15".Dabur. Archived fromthe originalon 5 February 2022.Retrieved13 April2017.
- ^"India's Most Trusted Brands".Archived fromthe originalon 2 May 2015.
- ^"Dabur India History".economictimes.indiatimes.
- ^"The FMCG leader – Dabur".Outlook.Retrieved19 June2020.
- ^"Dabur Annual Report 2019–20"(PDF).Archived(PDF)from the original on 13 April 2021.
- ^ab"How Dabur's Burmans Segregated Family and Business | Forbes India".Forbes India.Retrieved27 July2017.
- ^abBhasin, Sonu (18 October 2017).The Inheritors: Stories of Entrepreneurship and Success: Stories of Entrepreneurship and Success.Penguin Random House India Private Limited.ISBN978-93-86815-95-8.
- ^Menon, Bindu D. (22 March 2007)."A Real Twist in Dabur's plan".The Economic Times.Retrieved14 February2023.
- ^"The Risk That Worked".The Financial Express.30 March 2009.Retrieved14 February2023.
- ^Minocha, Naresh (22 May 2003)."Dabur India demerges pharma business from FMCG ops".icis.Archived fromthe originalon 2 August 2017.Retrieved2 August2017.
- ^"German co Fresenius Kabi picks up 73% in Dabur Pharma".The Economic Times.20 April 2008.Retrieved17 May2024.
- ^"Dabur buys Balsara for Rs 143 cr".Rediff.Retrieved17 May2024.
- ^"Dabur completes merger of Fem Care".Mint.18 June 2010.Retrieved17 May2024.
- ^"Dabur buys 51% stake in Badshah Masala for Rs 588cr".The Times of India.27 October 2022.Retrieved14 February2023.
- ^"Dabur expands haircare portfolio with Sesa Care acquisition".Livemint.Retrieved30 October2024.
- ^"Making A Difference."Dabur India(Media centre). Accessed October 2011.
- ^Vats, Rachit (28 August 2011.)"Social branding."Archived19 October 2011 at theWayback MachineHindustantimes.Accessed September 2011.
- ^Reporter, B. S. (25 February 2015)."Brand trust survey shows surprise gainers; Indian firms, too, make presence felt".Retrieved13 September2016.
- ^"Dabur rejects black money charge against Pradip Burman, Lodhiya 'shocked' to see his name:News18 Videos".Ibnlive.in. 27 October 2014. Archived fromthe originalon 29 October 2014.Retrieved13 April2017.
- ^Koshy, Jacob (2 December 2020)."10 out of 13 honey brands fail 'purity test', finds CSE investigation".The Hindu– via thehindu.
- ^"HILAL FOODS (PVT.) LIMITED".Open Corporates.Retrieved20 September2022.
- ^"The battle for Hajmola is almost over".Pakistan Today.30 January 2021.Retrieved20 September2022.