Dabur’s longest serving CEO retires
Dabur’s longest serving CEO Sunil Duggal is stepping down. He was Dabur’s CEO for 17 years. Mohit Malhotra replaces him.
Published in
1 min readFeb 19, 2019
Profit grew by 1000%
- In FY4 Dabur’s revenue was INR ₹1,264 crore. In FY 18 it was INR 7,721 crore.
- In FY 4 profit was INR 106 crore. In FY18 it was INR 1,354 crore.
How did he do it?
- He diversified Dabur from an Ayurvedic products company to a fast moving consumer goods company. He also rebuilt its supply chain.
- It sells in 120 countries and manufactures in 8 countries.
- It acquired companies in India ( Balsara), Turkey ( Hobi), and USA ( Namaste Group).
- It provided quality goods to rural customers. 45% of its revenue comes from rural customers.
His biggest challenge:
Patanjali was his biggest challenge. He faced it and came out winner.
