Dabur India Ltd.

Group 1 :

Indian Institute Of Management

Raipur.

Divya Jain (PGP14016)

Pranav Aggarwal(PGP14030)
Himanshu Jain(PGP14081)
Nitin Tewari(PGP14089)

FMCG Industry

Indian Institute Of Management

Raipur.

Dabur India

Indian Institute Of Management

Raipur.

DCF Valuation
Assumptions.

Both P&L and balance sheet are projected till 2020 in accordance with the
trend from 2006-2015.
Share capital is kept constant as per in the year 2015 i.e. 175.65.
Prime lending rate of State Bank Of India is considered for future loan
interest i.e. 14.5 %.
Beta of company is taken to be 0.4.
Market Risk Premium(M.R.P.) is taken to be 5%.
Risk Free rate(Rf) is taken to be 5.63%.

Microsoft Office
Excel Worksheet

Indian Institute Of Management

Raipur.

Relative Valuation
Major competitors are considered for relative valuation
1. HUL
2. Godrej Consumer
3. Emami
4. Colgate Palmolive .
Enterprise Value of Dabur is calculated using.
. P/E(Price per Earning)
. P/S(Price per share)
. P/BV(Price per Book Value
. EV/EBIT
. EV/Sales
. EV/EBITDA
Indian Institute Of Management
Raipur.

Microsoft Office
Excel Worksheet

Results

Indian Institute Of Management

Raipur.

Thank You.!!!

Indian Institute Of Management

Raipur.