Dabur India Names Herjit S Bhalla as India CEO; Forecasts Mid-Single Digit Q4 Revenue Growth

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AuthorVihaan Mehta|Published at:
Dabur India Names Herjit S Bhalla as India CEO; Forecasts Mid-Single Digit Q4 Revenue Growth
Overview

Dabur India has appointed Herjit S Bhalla as Chief Executive Officer for its India business, effective April 23, 2026. The company forecasts consolidated revenue growth in the mid-single digits for the March quarter. While the India FMCG business showed sequential recovery with high-single digit growth, international markets face geopolitical headwinds. Healthcare and Food & Beverages segments are projected for low-single digit growth.

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New CEO Appointed

Herjit S Bhalla has been appointed Chief Executive Officer for Dabur India's operations, effective April 23, 2026. This appointment refines an earlier disclosure from February 17, 2026, which had set the commencement date for April 15, 2026. Bhalla will report to Mohit Malhotra, Dabur India's Global CEO and Whole-time Director.

Q4 Revenue Outlook

Dabur India expects its consolidated revenue for the quarter ending March 2026 to grow in the mid-single digits. Operating profit is anticipated to rise faster than revenue. Demand in the company's domestic FMCG business showed a sequential recovery, with expectations for high-single digit growth during the period.

Segment Performance Varies

Performance is expected to differ across Dabur's business segments. The Home & Personal Care division is targeted for mid-teen growth, supported by strong sales in hair oils, shampoo, and home care products that are projected to see volume-led growth in the twenties. Most of Dabur's product lines are expected to grow faster than their respective categories, likely leading to market share gains. In contrast, the Healthcare segment is forecast to achieve low-single digit growth. The Food & Beverages division also anticipates low-single digit growth, although it noted a sequential improvement.

Global Challenges Impact Growth

Strong domestic market growth is helping to offset challenges faced in international markets. Geopolitical tensions, especially in the Middle East, have disrupted demand and supply chains, creating significant hurdles for Dabur's overseas business. Dabur India Ltd shares closed at ₹460.15 on the BSE, up by ₹0.10, or 0.022%.

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