Dabur India Ltd, is an Indian multinational consumer goods company, founded by S. K. Burman and headquartered in Ghaziabad, Uttar Pradesh.[1] It manufactures Ayurvedic medicine and natural consumer products.[2] It is one of the largest fast-moving consumer goods (FMCG) companies in India.[3]Dabur derives around 60% of its revenue from the consumer care business, 11% from the food business and remaining from the international business unit.[4] The company has a market capitalization of 93,650 crores as of 27 May 2020. [5]
History
In the mid-1880s, Dr. S.K. Burman, an Ayurvedic practitioner in Kolkata, formulated Ayurvedic medicines for diseases like cholera, constipation and malaria. He went on to set up Dabur India Ltd in 1884 to mass-produce his Ayurvedic formulations. His son, C.L. Burman, set up Dabur's first R&D unit. The current chairman, Dr. Anand Burman, and vice-chairman Amit Burman, are part of the fifth generation of the family. They were among the first business families in India to separate ownership from management, when they handed over the management of the company to professionals in 1998.[6]
Pharma and healthcare
Dabur demerged its Pharma business in 2003[7] and hived it off into a separate company, Dabur Pharma Ltd. German company Fresenius SE bought a 73.27% equity share in Dabur Pharma in June 2008 at ₹76.50 a share.
Dabur International, a fully owned subsidiary of Dabur India formerly held shares in the UAE-based Weikfield International, which it sold in June 2012.[8]
Philanthropy
Dabur's Sustainable Development Society (Sundesh), is a non-profit organisation started by Burman that aims to carry out welfare activities in the spheres of health care, education and other socio-economic activities. Dabur drives its corporate social responsibility (CSR) initiatives through Sundesh.[9][10]
The 2015 Brand Trust Report puts Dabur at 19th place.[11]
Controversy
Former executive director Pradip Burman was on the list of black money account holders on 27 October 2014 when BJP government revealed the names. Dabur rejected the black money charge.[12]
In December 2020, a report by the Centre for Science and Environment showed that Dabur Honey, along with other major brands' products, was adulterated with sugar syrup.[13]
Shareholding pattern
Dabur has a total of 296,439 shareholders as of 31 March 2021 and the number of fully paid up equity shares held are 1,767,425,349.Template:Fact
| Shareholders (as on 31 March 2021) | Shareholding[14] |
|---|---|
| Promoter and promoter group | 67.38% |
| Public | 32.62% |
| Total | 100.0% |
See also
References
- ↑ India's Most Trusted Brands.
- ↑ Dabur India History. economictimes.indiatimes.com.
- ↑ The FMCG leader – Dabur. Outlook. Retrieved 19 June 2020.
- ↑ Dabur Annual Report 2019-20.
- ↑ Market Capitalization.
- ↑ How Dabur's Burmans Segregated Family and Business | Forbes India. Forbes India. Retrieved 27 July 2017.
- ↑ www.icis.com/resources/news/2003/05/22/196152/dabur-india-demerges-pharma-business-from-fmcg-ops/. www.icis.com. Retrieved 2017-08-02.
- ↑ Dabur subsidiary divests stake in UAE-based group firm Weikfield International. The Times Of India(30 June 2012).
- ↑ "Making A Difference." Dabur India (Media centre). Accessed October 2011.
- ↑ Vats, Rachit (28 August 2011.) "Social branding." Template:Webarchive Hindustantimes.com. Accessed September 2011.
- ↑ Brand trust survey shows surprise gainers; Indian firms, too, make presence felt, Reporter, B. S.. Retrieved 13 September 2016.
- ↑ Dabur rejects black money charge against Pradip Burman, Lodhiya 'shocked' to see his name:News18 Videos. Ibnlive.in.com(27 October 2014). Retrieved 13 April 2017.
- ↑ 10 out of 13 honey brands fail 'purity test', finds CSE investigation, Koshy, Jacob(2 December 2020).
- ↑ Shareholding Pattern, 31st March 2021.