@dishahdadpuri Two points:
1. Indian counterparts pay 3-5% royalty to the parent like HUL @ 3.5%, COLGATE @ 4.5%, so business EBITDA% are higher by that amount
2. Company was at 18% EBITDA in 2021, and 10% PAT when business was more B2C during COVID though this inflationary situation is tricky
@dishahdadpuri Two points:
1. Based on the data provided, EBITA is INR 200cr = 40x EV/EBITDA. Today, Dabur is trading at 35x + bake in majority stake premium
2. EBITDA margins seem high(25%), as significant part of business is B2B (mainly sauces) which generally is relatively lower margin
Thank you CII for bringing us together and giving us a platform to share our views on empowering SMEs. @shweta_dasgupta of Deskera took this opportunity to throw light on the fact that a low cost, mobile integrated cloud-based platform is the solution for the future.