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
Financial Highlights
| Mar 2020 | INR | USD |
| Revenue | 397,830M | 5,610.66M |
| Gross Profit | 187,020M | 2,637.57M |
| Operating income | 88,590M | 1,249.40M |
| Income before tax | 91,730M | 1,293.68M |
| Net income | 67,560M | 952.81M |
| EBITDA | 98,610M | 1,390.71M |
| Diluted EPS | 31.17 | 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
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 321,860M | 331,620M | 353,730M | 391,370M | 397,830M |
| Gross Profit | 136,110M | 140,550M | 155,390M | 174,910M | 187,020M |
| Operating income | 57,630M | 60,150M | 69,260M | 82,710M | 88,590M |
| 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 | 98,610M |
| Diluted EPS | 19.12 | 20.67 | 24.08 | 27.96 | 31.17 |
| 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 | 5,610.66M |
| Gross Profit | 2,078.94M | 2,095.97M | 2,410.41M | 2,500.76M | 2,637.57M |
| Operating income | 880.23M | 896.99M | 1,074.36M | 1,182.53M | 1,249.40M |
| 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 | 1,390.71M |
| 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 | 22.26% |
| Profit margin | 16.98% |
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 (2.9%)
- The Vanguard Group, Inc. (1.1%)
- BlackRock Fund Advisors (0.8%)
- SBI Funds Management Pvt Ltd. (0.7%)
- Nomura Asset Management Singapore Ltd. (0.5%)
- The New India Assurance Co. Ltd. (Investment Portfolio) (0.4%)
- ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (0.3%)
- General Insurance Corp. of India (Invt Port) (0.3%)
- JPMorgan Asset Management (UK) 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
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Competitors
- Agro Tech Foods Limited
- A. O. Smith Corporation
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Last Updated on 2 Jun, 2020