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Consumer Non-Durables

Hindustan Unilever Ltd.

  • 1,840.00 INR
  • +10.80
  • +0.59%
  • India
    Sep 18, 2019
  • Ticker
    BOM(500696)
  • Prev. close
    1,829.20
  • Market cap (INR)
    3,959.87B
  • Market cap (USD)
    55,583.50M
  • Shares
    2,164.81M

Company Background

Hindustan Unilever, a unit of British-Dutch company Unilever, is India's largest marketer of consumer products. The company sells more than 30 brands of soap, detergent, food and other products and employs more than 15,000 workers, including those at its local manufacturing plants.

While it was founded in 1931, the predecessor to Hindustan Unilever had ties with Unilever the date back to the 1880s when Lever Brothers, the forerunner of Unilever, was selling imported soap in India.

In the 1970s and 1980s, Unilever took over Brooke Bond, Lipton and other companies and their subsidiaries in India were consolidated into the Indian unit of Unilever. Hindustan Unilever bought a number of Indian companies, including some that were under major conglomerate Tata Group's umbrella, in the 1990s.

Hindustan Unilever is known for its Shakti project, which encourages the employment of young residents in India's rural areas as sales staff. These employees sell small batches of low-priced soap and other products in their areas. Products under the company's brands sell well in both urban and rural areas.

In 2013, Unilever raised its stake in Hindustan Unilever from a little more than 50% to just under 70%.

Business Summary

Hindustan Unilever Ltd. engages in the manufacture of consumer goods. It operates through the following segments: Home Care, Beauty and Personal Care, Foods and Refreshments, and Others. The Home Care segment includes detergent bars, detergent powders, detergent liquids, scourers, and water business. The Beauty and Personal Care segment comprises of categories of oral care, skin care, hair care, deodorants, talcum powder, colour cosmetics, and salon services. The Foods and Refreshments segment offers branded staples, culinary products, tea, coffee and frozen desserts. The Others segment relates to exports and infant care products. The company was founded in November 1956 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2019 INRUSD
Revenue391,370M5,595.58M
Gross Profit174,910M2,500.76M
Operating income82,710M1,182.53M
Income before tax86,040M1,230.14M
Net income60,540M865.56M
EBITDA88,360M1,263.31M
Diluted EPS27.960.39
Dividends Per Share220.31
Total Assets186,290M2,689.13M
Total liabilities107,440M1,550.92M
Total equity78,670M1,135.61M
Operating cash flow60,830M869.71M
Currency in INRCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 317,116M 321,860M 331,620M 353,730M 391,370M
Gross Profit 126,168.90M 136,110M 140,550M 155,390M 174,910M
Operating income 48,294.40M 57,630M 60,150M 69,260M 82,710M
Income before tax 63,195.10M 60,420M 64,790M 73,040M 86,040M
Net income 43,630.80M 41,460M 44,880M 52,120M 60,540M
EBITDA 51,518.30M 61,160M 64,470M 74,460M 88,360M
Diluted EPS 20.16 19.12 20.67 24.08 27.96
Dividends Per Share 15 16 17 20 22
Total Assets 147,081.40M 147,940M 157,060M 178,620M 186,290M
Total liabilities 106,617M 82,010M 89,400M 105,610M 107,440M
Total equity 40,154.40M 65,730M 67,440M 72,810M 78,670M
Operating cash flow 33,486.60M 45,170M 54,490M 63,550M 60,830M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 5,186.42M 4,916.08M 4,945.34M 5,487.07M 5,595.58M
Gross Profit 2,063.48M 2,078.94M 2,095.97M 2,410.41M 2,500.76M
Operating income 789.85M 880.23M 896.99M 1,074.36M 1,182.53M
Income before tax 1,033.55M 922.85M 966.19M 1,132.99M 1,230.14M
Net income 713.58M 633.25M 669.28M 808.48M 865.56M
EBITDA 842.58M 934.15M 961.41M 1,155.02M 1,263.31M
Diluted EPS 0.32 0.29 0.30 0.37 0.39
Dividends Per Share 0.24 0.24 0.25 0.31 0.31
Total Assets 2,350.24M 2,233.98M 2,418.72M 2,738.65M 2,689.13M
Total liabilities 1,703.65M 1,238.40M 1,376.76M 1,619.24M 1,550.92M
Total equity 641.63M 992.56M 1,038.57M 1,116.34M 1,135.61M
Operating cash flow 547.67M 689.92M 812.59M 985.79M 869.71M

Valuation Measures

Mar 2019
PER61.06
ROA33.18%
ROE79.93%
Operating margin21.13%
Profit margin15.46%

Key executives

  • Chairman, Chief Executive Officer & MD: Sanjiv Soshil Mehta
  • CFO, Executive Director-Finance & Director: Srinivas Phatak
  • Executive Director-Research & Development: Vibhav Sanzgiri
  • Secretary, Director & Executive Director-Legal: Dev Bajpai
  • Executive Director: Pradeep Jyoti Banerjee

Shareholders

  • Unilever Plc (67.1%)
  • The Vanguard Group, Inc. (1.1%)
  • BlackRock Fund Advisors (0.9%)
  • SBI Funds Management Pvt Ltd. (0.6%)
  • Nomura Asset Management Singapore Ltd. (0.5%)
  • The New India Assurance Co. Ltd. (Investment Portfolio) (0.5%)
  • General Insurance Corp. of India (Invt Port) (0.4%)
  • Aberdeen Standard Investments (Asia) Ltd. (0.4%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (0.2%)
  • APG Asset Management NV (0.2%)

Contact Details

  • Website:http://www.hul.co.in
  • Address: Unilever House, B. D. Sawant Marg, Mumbai, 400099, India
  • Phone: +91.22.39832285

Related Companies

  • Mosons Extractions Pvt Ltd. /Brand/
  • Unilever Employment Services BV
  • Unilever ASCC AG
  • Aquagel Chemicals Pvt Ltd.
  • Bhavishya Alliance Child Nutrition Initiatives
  • Unilever Nepal Ltd.
  • Lakme Lever Pvt Ltd.
  • Hindustan Unilever Field Services Pvt Ltd.
  • Hindustan Lever Chemicals Ltd.
  • Unilever India Exports Ltd.
  • Amalgam Foods Ltd. /Shrimps & Pasteurized Crabmeat Bus/
  • Modern Foods Industries Ltd.
  • International Bestfoods Ltd
  • Vashishti Detergents Ltd.

Competitors

  • Agro Tech Foods Limited
  • A. O. Smith Corporation
Last Updated on 18 Sep, 2019

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