Hindustan Unilever Ltd.

In the news

Indian consumer-goods makers' earnings signal deepening slowdown Feb 19, 2020
Hindustan Unilever quarterly profit rises 12% amid slowing India demand Jan 31, 2020
Asian equities decline as uncertainties resurface over US-China trade talks Nov 8, 2019
India's ITC beats profit estimates on lower taxes and rising cigarette demand Oct 24, 2019
Asian equities little changed as investors await trade deal clarity Oct 15, 2019

See more articles on Hindustan Unilever Ltd.

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 2020	INR	USD
Revenue	396,120M	5,586.55M
Gross Profit	179,960M	2,538.00M
Operating income	88,340M	1,245.87M
Income before tax	91,730M	1,293.68M
Net income	67,560M	952.81M
EBITDA	98,360M	1,387.18M
Diluted EPS	31.16	0.43
Dividends Per Share	25	0.35
Total Assets	201,530M	2,663.93M
Total liabilities	119,070M	1,573.93M
Total equity	82,290M	1,087.75M
Operating cash flow	79,650M	1,123.31M
	Currency in INR	Currency in USD

Historical Data

INR | USD

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Revenue	321,860M	331,620M	353,730M	391,370M	396,120M
Gross Profit	136,110M	140,550M	155,390M	174,910M	179,960M
Operating income	57,630M	60,150M	69,260M	82,710M	88,340M
Income before tax	60,420M	64,790M	73,040M	86,040M	91,730M
Net income	41,460M	44,880M	52,120M	60,540M	67,560M
EBITDA	61,160M	64,470M	74,460M	88,360M	98,360M
Diluted EPS	19.12	20.67	24.08	27.96	31.16
Dividends Per Share	16	17	20	22	25
Total Assets	147,940M	157,060M	178,620M	186,290M	201,530M
Total liabilities	82,010M	89,400M	105,610M	107,440M	119,070M
Total equity	65,730M	67,440M	72,810M	78,670M	82,290M
Operating cash flow	45,170M	54,490M	63,550M	60,830M	79,650M

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Revenue	4,916.08M	4,945.34M	5,487.07M	5,595.58M	5,586.55M
Gross Profit	2,078.94M	2,095.97M	2,410.41M	2,500.76M	2,538.00M
Operating income	880.23M	896.99M	1,074.36M	1,182.53M	1,245.87M
Income before tax	922.85M	966.19M	1,132.99M	1,230.14M	1,293.68M
Net income	633.25M	669.28M	808.48M	865.56M	952.81M
EBITDA	934.15M	961.41M	1,155.02M	1,263.31M	1,387.18M
Diluted EPS	0.29	0.30	0.37	0.39	0.43
Dividends Per Share	0.24	0.25	0.31	0.31	0.35
Total Assets	2,233.98M	2,418.72M	2,738.65M	2,689.13M	2,663.93M
Total liabilities	1,238.40M	1,376.76M	1,619.24M	1,550.92M	1,573.93M
Total equity	992.56M	1,038.57M	1,116.34M	1,135.61M	1,087.75M
Operating cash flow	689.92M	812.59M	985.79M	869.71M	1,123.31M

Valuation Measures

Mar 2020
PER	73.72
ROA	34.84%
ROE	83.94%
Operating margin	22.30%
Profit margin	17.05%

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
Director & Executive Director-Supply Chain: Willem Uijen

Shareholders

Unilever Plc (61.9%)
Life Insurance Corp of India (2.3%)
The Vanguard Group, Inc. (1.3%)
SBI Funds Management Pvt Ltd. (0.9%)
BlackRock Fund Advisors (0.7%)
ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (0.6%)
ICICI Prudential Asset Management Co. Ltd. (0.4%)
GIC Pte Ltd. (Investment Management) (0.4%)
Kotak Mahindra Asset Management Co. Ltd. (0.3%)
UTI Asset Management Co. Ltd. (Investment Management) (0.3%)

Contact Details

Website:http://www.hul.co.in
Address: Unilever House, B. D. Sawant Marg, Mumbai, 400099, India
Phone: +91.22.50433000

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Competitors

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Last Updated on 25 Sep, 2020