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Dabur RAS bet: Growth potential, but limited financial risk

Mint Bangalore

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March 06, 2026

Earlier this week, Dabur India Ltd announced a ₹60 crore investment for a minority stake in luxury “farm-to-face” skincare brand RAS Beauty, which has already received investments from Unilever and Amazon.

- Ananya Roy feedback@livemint.com

A ₹60 crore minority investment will barely move the needle for Dabur’s ₹12,500 crore FY25 consolidated revenue. The 4% drop in Dabur’s shares since the announcement reflects this scepticism. But the context is attractive.

The RAS stake-acquisition is Dabur’s first bet with its ₹500 crore war chest under Dabur Ventures, announced on 30 October to back high-growth, digital-first D2C businesses. The stock has held up better since then, falling 3% versus the 11% drop in the Nifty FMCG index.

Mint Bangalore

यह कहानी Mint Bangalore के March 06, 2026 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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