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
Financial Highlights
Mar 2022 | INR | USD |
Revenue | 523,060M | 7,020.03M |
Gross Profit | 223,580M | 3,000.68M |
Operating income | 118,160M | 1,585.83M |
Income before tax | 118,740M | 1,593.61M |
Net income | 88,740M | 1,190.98M |
EBITDA | 129,070M | 1,732.25M |
Diluted EPS | 37.78 | 0.50 |
Dividends Per Share | 34 | 0.45 |
Total Assets | 705,170M | 9,306.10M |
Total liabilities | 214,300M | 2,828.10M |
Total equity | 490,610M | 6,474.56M |
Operating cash flow | 92,080M | 1,235.81M |
Currency in INR | Currency in USD |
Historical Data
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
Revenue | 353,730M | 391,370M | 396,120M | 469,200M | 523,060M |
Gross Profit | 155,390M | 174,910M | 179,960M | 207,080M | 223,580M |
Operating income | 69,260M | 82,710M | 88,340M | 106,110M | 118,160M |
Income before tax | 73,040M | 86,040M | 91,730M | 106,060M | 118,740M |
Net income | 52,120M | 60,540M | 67,560M | 79,960M | 88,740M |
EBITDA | 74,460M | 88,360M | 98,360M | 116,850M | 129,070M |
Diluted EPS | 24.08 | 27.96 | 31.16 | 34.02 | 37.78 |
Dividends Per Share | 20 | 22 | 25 | 31 | 34 |
Total Assets | 178,620M | 186,290M | 201,530M | 687,570M | 705,170M |
Total liabilities | 105,610M | 107,440M | 119,070M | 210,630M | 214,300M |
Total equity | 72,810M | 78,670M | 82,290M | 476,740M | 490,610M |
Operating cash flow | 63,550M | 60,830M | 79,650M | 94,350M | 92,080M |
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
Revenue | 5,487.07M | 5,595.58M | 5,586.55M | 6,320.46M | 7,020.03M |
Gross Profit | 2,410.41M | 2,500.76M | 2,538.00M | 2,789.51M | 3,000.68M |
Operating income | 1,074.36M | 1,182.53M | 1,245.87M | 1,429.37M | 1,585.83M |
Income before tax | 1,132.99M | 1,230.14M | 1,293.68M | 1,428.70M | 1,593.61M |
Net income | 808.48M | 865.56M | 952.81M | 1,077.11M | 1,190.98M |
EBITDA | 1,155.02M | 1,263.31M | 1,387.18M | 1,574.05M | 1,732.25M |
Diluted EPS | 0.37 | 0.39 | 0.43 | 0.45 | 0.50 |
Dividends Per Share | 0.31 | 0.31 | 0.35 | 0.41 | 0.45 |
Total Assets | 2,738.65M | 2,689.13M | 2,663.93M | 9,404.11M | 9,306.10M |
Total liabilities | 1,619.24M | 1,550.92M | 1,573.93M | 2,880.85M | 2,828.10M |
Total equity | 1,116.34M | 1,135.61M | 1,087.75M | 6,520.52M | 6,474.56M |
Operating cash flow | 985.79M | 869.71M | 1,123.31M | 1,270.96M | 1,235.81M |
Valuation Measures
Mar 2022 | |
PER | 54.21 |
ROA | 12.74% |
ROE | 18.34% |
Operating margin | 22.59% |
Profit margin | 16.96% |
Key executives
- Chief Executive Officer, Director & MD: Sanjiv Soshil Mehta
- CFO, Executive Director-Finance & IT: Ritesh Tiwari
- Executive Director-Research & Development: Vibhav Sanzgiri
- Secretary, Director & Executive Director-Legal: Devopam Narendra Bajpai
- Executive Director-Foods & Refreshment: Srinandan Sundaram
Shareholders
- Unilever Plc (61.9%)
- Life Insurance Corporation of India (Investment Portfolio) (5.0%)
- SBI Funds Management Pvt Ltd. (1.3%)
- The Vanguard Group, Inc. (1.2%)
- BlackRock Fund Advisors (0.8%)
- ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (0.5%)
- UTI Asset Management Co. Ltd. (Investment Management) (0.4%)
- BlackRock Advisors (UK) Ltd. (0.4%)
- SBI Life Insurance Co. Ltd. (Investment Portfolio) (0.3%)
- Norges Bank 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
Related Companies
- Unilever India Ltd.
- Zywie Ventures Pvt Ltd.
- Levindra Trust Ltd.
- Levers Associated Trust Ltd.
- Jamnagar Properties Pvt Ltd.
- Hindlever Trust Ltd.
- Daverashola Estates Pvt Ltd.
- Mosons Extractions Pvt Ltd. /Brand/
- Bhavishya Alliance Child Nutrition Initiatives
- Hindustan Unilever Foundation
- Unilever Nepal Ltd.
- Lakme Lever Pvt Ltd.
- Pond's Export Ltd.
- Lever Faberge Deutschland GmbH
- Unilever India Exports Ltd.
- Amalgam Foods Ltd. /Shrimps & Pasteurized Crabmeat Bus/
- International Bestfoods Ltd
- Vashishti Detergents Ltd.
- GlaxoSmithKline Consumer Healthcare Ltd.
Competitors
- Natura & Co Holding SA
- Dr. Reddy's Laboratories Ltd.
- Agro Tech Foods Limited
- A. O. Smith Corporation
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