A very old and good company started with Ayurvedic concept founded in 1884 and name derived from “ Daktar Burman” ie what we say Daktar to Doctor. Company able to grow its revenue from 1000 cr during 2001 to today 8000 cr and profit from 60 cr to today 1400 cr. Yesterday day’s revenue is today’s Profit. Growth of 8X & 23X. Hence investment of 1 Lakh is already 50x along with distribution of 30% profit in terms of dividends has returned 2X to investment. Gst has given good +ve impact on FMCG companies. 30% sales comes from International markets.
9M revenue and profits are also good as they are growing by 6% respectively. Modest growth yet trading at higher valuations while Profits grown by 13%. New buying can be done during any fall near 450 and can hold it for long term wealth. Promoters are consistently in buying and having strong holding of 69% while 18% holding is with FPI whereas 6% with MF and Insurance companies. Only 3.86% retail investors hold this company. Company with low debt, Good R-O-E and margins.