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Consumer Non-Durables

Hindustan Unilever Ltd.

  • 1,449.00 INR
  • -16.50
  • -1.13%
  • India
    Apr 20, 2018
  • Ticker
    BOM(500696)
  • Prev. close
    1,465.50
  • Market cap (INR)
    3,172.11B
  • Market cap (USD)
    48,036.00M
  • Shares
    2,164.52M

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, and Refreshments. 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 company was founded in November 1956 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2017 INRUSD
Revenue331,620M4,945.34M
Gross Profit140,830M2,100.15M
Operating income60,150M896.99M
Income before tax64,790M966.19M
Net income44,880M669.28M
EBITDA64,470M961.41M
Diluted EPS20.680.30
Dividends Per Share170.25
Total Assets157,060M2,418.72M
Total liabilities89,400M1,376.76M
Total equity67,440M1,038.57M
Operating cash flow54,490M812.59M
Currency in INRCurrency in USD

Historical Data

 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 268,239.90M 290,185.50M 317,116M 321,860M 331,620M
Gross Profit 102,151.60M 113,972.50M 126,168.90M 136,110M 140,830M
Operating income 37,882.70M 42,723.80M 48,294.40M 57,630M 60,150M
Income before tax 50,660.30M 52,151.80M 63,195.10M 60,420M 64,790M
Net income 38,289.80M 39,455.70M 43,630.80M 41,460M 44,880M
EBITDA 40,395.90M 45,672.40M 51,518.30M 61,160M 64,470M
Diluted EPS 17.70 18.23 20.16 19.12 20.68
Dividends Per Share 10.50 13 15 16 17
Total Assets 120,918.40M 137,693.10M 147,081.40M 147,940M 157,060M
Total liabilities 92,062.10M 102,097.40M 106,617M 82,010M 89,400M
Total equity 28,585.70M 35,310.90M 40,154.40M 65,730M 67,440M
Operating cash flow 38,310.10M 40,373M 33,486.60M 45,170M 54,490M
 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 4,928.57M 4,801.67M 5,186.42M 4,916.08M 4,945.34M
Gross Profit 1,876.90M 1,885.89M 2,063.48M 2,078.94M 2,100.15M
Operating income 696.04M 706.94M 789.85M 880.23M 896.99M
Income before tax 930.81M 862.95M 1,033.55M 922.85M 966.19M
Net income 703.52M 652.86M 713.58M 633.25M 669.28M
EBITDA 742.22M 755.73M 842.58M 934.15M 961.41M
Diluted EPS 0.32 0.30 0.32 0.29 0.30
Dividends Per Share 0.19 0.21 0.24 0.24 0.25
Total Assets 2,224.80M 2,305.54M 2,350.24M 2,233.98M 2,418.72M
Total liabilities 1,693.87M 1,709.52M 1,703.65M 1,238.40M 1,376.76M
Total equity 525.95M 591.24M 641.63M 992.56M 1,038.57M
Operating cash flow 703.90M 668.04M 547.67M 689.92M 812.59M

Valuation Measures

Mar 2017
PER43.99
ROA29.42%
ROE67.40%
Operating margin18.13%
Profit margin13.53%

Key executives

  • Chief Executive Officer, Executive Director & MD: Sanjiv Soshil Mehta
  • CFO, Executive Director-Finance & IT: Srinivas Phatak
  • Director & Secretary: Dev Bajpai
  • Director & Executive Director-Supply Chain: Pradeep Banerjee
  • General Manager-M&A: Ravi Shankar Ramachandran

Shareholders

  • Unilever Plc (67.1%)
  • Life Insurance Corp. of India (2.5%)
  • The Vanguard Group, Inc. (1.1%)
  • BlackRock Fund Advisors (0.9%)
  • Aberdeen Asset Managers Ltd. (0.7%)
  • The New India Assurance Co. Ltd. (Investment Portfolio) (0.6%)
  • General Insurance Corp. of India (Invt Port) (0.4%)
  • Aberdeen Asset Management (Asia) Ltd. (0.4%)
  • Nomura Asset Management Singapore Ltd. (0.4%)
  • SBI Funds Management Pvt 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 20 Apr, 2018

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