Mohit Burman, Chairman, Dabur India
In a year which was marked by uncertainties and disruptions, India’s growth story remained resilient, supported by strong domestic consumption, said Mohit Burman, Chairman, Dabur India, in a letter to shareholders in the company’s annual report for FY26. He added that the company will continue to focus on ramping up investments on innovation and premiumisation, while also exploring strategic merger and acquisition (M&A) opportunities.“From geopolitical tension-fuelled supply chain disruptions to persistent inflationary pressures, businesses across the world had to operate amid heightened volatility... Against this backdrop, India’s growth story continued to stand out. Supported by strong domestic consumption, policy continuity and an increasingly aspirational consumer base, India remained one of the fastest-growing major economies. This resilience, particularly the strength of domestic demand, provided a solid foundation for businesses like ours to stay focused on long-term growth, even as global headwinds persisted,” Burman stated.The company’s beverage brand Real has scaled up to become a ₹1,500-crore plus brand. Meanwhile, Dabur Red Paste, Vatika and Dabur Amla each have sales in the range of ₹1,000-1,500 crore. A set of brands in the ₹500-1,000 crore range of sales include Dabur Honey, Namaste, Odonil and Dabur Chyawanprash. Meanwhile, a portfolio of the company’s 15 brands each are in the ₹100-500 crore sales range.Company’s focusBurman said that the company navigated inflationary pressures, heightened competitive intensity and evolving consumer expectations in FY26 with agility. “During the year, we strengthened our core categories while embracing new opportunities. From expanding into new-age formats and premium offerings to deepening our presence across digital-first and quick commerce channels, we continued to stay in step with the modern consumer,” Burman said. The homegrown FMCG major also launched Dabur Ventures, a ₹500-crore investment platform, in the past fiscal, which picked up a minority stake in D2C company, RAS Beauty Pvt Ltd for ₹60 crore.He said the company’s priorities include accelerating premiumisation, unlocking new growth vectors in e-commerce and quick commerce, cost optimisation and exploring “strategic M&A opportunities for portfolio diversification and acceleration”. “As we look to the future, the world will likely remain uncertain. However, what gives me confidence is the strength of our fundamentals. India’s growth story remains intact. Consumer aspirations continue to rise,” Burman added.Published on July 6, 2026
