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Consumer Non-Durables

Hindustan Unilever Ltd.

  • 1,747.10 INR
  • +11.90
  • +0.69%
  • India
    Aug 16, 2018
  • Ticker
    BOM(500696)
  • Prev. close
    1,735.20
  • Market cap (INR)
    3,756.07B
  • Market cap (USD)
    53,432.04M
  • Shares
    2,164.63M

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, Personal Care, Foods, Refreshments, an Others. The Home Care segment includes fabric wash, household care, and water. The Personal Care segment comprises of personal wash, skin care, hair care, oral care, deodorants, and colors. The Foods segment consists of packaged foods and popular foods. The Refreshments segment offers tea, coffee, ice cream, and frozen desserts. The Others segment comprises of exports and infant care products. The company was founded in November 1956 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2018 INRUSD
Revenue353,730M5,487.07M
Gross Profit155,620M2,413.98M
Operating income69,260M1,074.36M
Income before tax73,040M1,132.99M
Net income52,120M808.48M
EBITDA74,460M1,155.02M
Diluted EPS24.080.37
Dividends Per Share200.31
Total Assets178,620M2,738.65M
Total liabilities105,610M1,619.24M
Total equity72,810M1,116.34M
Operating cash flow63,550M985.79M
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 290,185.50M 317,116M 321,860M 331,620M 353,730M
Gross Profit 113,972.50M 126,168.90M 136,110M 140,550M 155,620M
Operating income 42,723.80M 48,294.40M 57,630M 60,150M 69,260M
Income before tax 52,151.80M 63,195.10M 60,420M 64,790M 73,040M
Net income 39,455.70M 43,630.80M 41,460M 44,880M 52,120M
EBITDA 45,672.40M 51,518.30M 61,160M 64,470M 74,460M
Diluted EPS 18.23 20.16 19.12 20.68 24.08
Dividends Per Share 13 15 16 17 20
Total Assets 137,693.10M 147,081.40M 147,940M 157,060M 178,620M
Total liabilities 102,097.40M 106,617M 82,010M 89,400M 105,610M
Total equity 35,310.90M 40,154.40M 65,730M 67,440M 72,810M
Operating cash flow 40,373M 33,486.60M 45,170M 54,490M 63,550M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 4,801.67M 5,186.42M 4,916.08M 4,945.34M 5,487.07M
Gross Profit 1,885.89M 2,063.48M 2,078.94M 2,095.97M 2,413.98M
Operating income 706.94M 789.85M 880.23M 896.99M 1,074.36M
Income before tax 862.95M 1,033.55M 922.85M 966.19M 1,132.99M
Net income 652.86M 713.58M 633.25M 669.28M 808.48M
EBITDA 755.73M 842.58M 934.15M 961.41M 1,155.02M
Diluted EPS 0.30 0.32 0.29 0.30 0.37
Dividends Per Share 0.21 0.24 0.24 0.25 0.31
Total Assets 2,305.54M 2,350.24M 2,233.98M 2,418.72M 2,738.65M
Total liabilities 1,709.52M 1,703.65M 1,238.40M 1,376.76M 1,619.24M
Total equity 591.24M 641.63M 992.56M 1,038.57M 1,116.34M
Operating cash flow 668.04M 547.67M 689.92M 812.59M 985.79M

Valuation Measures

Mar 2018
PER55.45
ROA31.05%
ROE74.32%
Operating margin19.57%
Profit margin14.73%

Key executives

  • Chairman, Chief Executive Officer & MD: Sanjiv Soshil Mehta
  • CFO, Executive Director-Finance & Director: Srinivas Phatak
  • Secretary, Director & Executive Director-Legal: Dev Bajpai
  • Director & Executive Director-Supply Chain: Pradeep Banerjee
  • Executive Director-Sales & Customer Development: Srinandan Sundaram

Shareholders

  • Unilever Plc (67.1%)
  • Life Insurance Corp. of India (3.3%)
  • The Vanguard Group, Inc. (1.1%)
  • BlackRock Fund Advisors (0.8%)
  • Nomura Asset Management Singapore Ltd. (0.5%)
  • The New India Assurance Co. Ltd. (Investment Portfolio) (0.5%)
  • Aberdeen Asset Managers Ltd. (0.4%)
  • SBI Funds Management Pvt Ltd. (0.4%)
  • General Insurance Corp. of India (Invt Port) (0.4%)
  • Aberdeen Asset Management (Asia) Ltd. (0.3%)

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

  • Bajaj Corp Limited
  • Agro Tech Foods Limited
  • A. O. Smith Corporation
Last Updated on 16 Aug, 2018

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