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 2019	INR	USD
Revenue	391,370M	5,595.58M
Gross Profit	174,910M	2,500.76M
Operating income	82,710M	1,182.53M
Income before tax	86,040M	1,230.14M
Net income	60,540M	865.56M
EBITDA	88,360M	1,263.31M
Diluted EPS	27.96	0.39
Dividends Per Share	22	0.31
Total Assets	186,290M	2,689.13M
Total liabilities	107,440M	1,550.92M
Total equity	78,670M	1,135.61M
Operating cash flow	60,830M	869.71M
	Currency in INR	Currency in USD

Historical Data

INR | USD

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Revenue	317,116M	321,860M	331,620M	353,730M	391,370M
Gross Profit	126,168.90M	136,110M	140,550M	155,390M	174,910M
Operating income	48,294.40M	57,630M	60,150M	69,260M	82,710M
Income before tax	63,195.10M	60,420M	64,790M	73,040M	86,040M
Net income	43,630.80M	41,460M	44,880M	52,120M	60,540M
EBITDA	51,518.30M	61,160M	64,470M	74,460M	88,360M
Diluted EPS	20.16	19.12	20.67	24.08	27.96
Dividends Per Share	15	16	17	20	22
Total Assets	147,081.40M	147,940M	157,060M	178,620M	186,290M
Total liabilities	106,617M	82,010M	89,400M	105,610M	107,440M
Total equity	40,154.40M	65,730M	67,440M	72,810M	78,670M
Operating cash flow	33,486.60M	45,170M	54,490M	63,550M	60,830M

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Revenue	5,186.42M	4,916.08M	4,945.34M	5,487.07M	5,595.58M
Gross Profit	2,063.48M	2,078.94M	2,095.97M	2,410.41M	2,500.76M
Operating income	789.85M	880.23M	896.99M	1,074.36M	1,182.53M
Income before tax	1,033.55M	922.85M	966.19M	1,132.99M	1,230.14M
Net income	713.58M	633.25M	669.28M	808.48M	865.56M
EBITDA	842.58M	934.15M	961.41M	1,155.02M	1,263.31M
Diluted EPS	0.32	0.29	0.30	0.37	0.39
Dividends Per Share	0.24	0.24	0.25	0.31	0.31
Total Assets	2,350.24M	2,233.98M	2,418.72M	2,738.65M	2,689.13M
Total liabilities	1,703.65M	1,238.40M	1,376.76M	1,619.24M	1,550.92M
Total equity	641.63M	992.56M	1,038.57M	1,116.34M	1,135.61M
Operating cash flow	547.67M	689.92M	812.59M	985.79M	869.71M

Valuation Measures

Mar 2019
PER	61.06
ROA	33.18%
ROE	79.93%
Operating margin	21.13%
Profit margin	15.46%

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 (67.1%)
Life Insurance Corp of India (3.2%)
The Vanguard Group, Inc. (1.1%)
BlackRock Fund Advisors (0.9%)
SBI Funds Management Pvt Ltd. (0.6%)
Nomura Asset Management Singapore Ltd. (0.5%)
The New India Assurance Co. Ltd. (Investment Portfolio) (0.4%)
General Insurance Corp. of India (Invt Port) (0.3%)
ICICI Prudential Life Insurance Co. Ltd. (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

Last Updated on 20 Feb, 2020