Hindustan Unilever Ltd
Hindustan Unilever is in the FMCG business comprising primarily of Home Care, Beauty & Personal Care and Foods & Refreshment segments. The Company has manufacturing facilities across the country and sells primarily in India.[1]
- Market Cap ₹ 6,03,305 Cr.
- Current Price ₹ 2,568
- High / Low ₹ 2,770 / 2,393
- Stock P/E 58.4
- Book Value ₹ 214
- Dividend Yield 1.52 %
- ROCE 26.6 %
- ROE 20.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 21.6%
- Company has been maintaining a healthy dividend payout of 99.9%
Cons
- Stock is trading at 12.0 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Personal Care - Multinational
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23,436 | 27,004 | 29,234 | 31,972 | 32,186 | 33,162 | 35,545 | 39,310 | 39,783 | 47,028 | 52,446 | 60,580 | 61,931 | |
19,936 | 22,784 | 24,475 | 26,560 | 26,276 | 26,834 | 28,046 | 30,430 | 29,930 | 35,402 | 39,589 | 46,432 | 47,205 | |
Operating Profit | 3,500 | 4,220 | 4,759 | 5,412 | 5,910 | 6,328 | 7,499 | 8,880 | 9,853 | 11,626 | 12,857 | 14,148 | 14,726 |
OPM % | 15% | 16% | 16% | 17% | 18% | 19% | 21% | 23% | 25% | 25% | 25% | 23% | 24% |
357 | 1,123 | 792 | 1,247 | 486 | 606 | 353 | 322 | 432 | 170 | 219 | 447 | 570 | |
Interest | 2 | 26 | 41 | 18 | 17 | 35 | 26 | 33 | 118 | 117 | 106 | 114 | 196 |
Depreciation | 234 | 251 | 296 | 322 | 353 | 432 | 520 | 565 | 1,002 | 1,074 | 1,091 | 1,137 | 1,167 |
Profit before tax | 3,622 | 5,066 | 5,215 | 6,320 | 6,026 | 6,467 | 7,306 | 8,604 | 9,165 | 10,605 | 11,879 | 13,344 | 13,933 |
Tax % | 23% | 24% | 24% | 31% | 31% | 31% | 28% | 30% | 26% | 25% | 25% | 24% | |
2,800 | 3,839 | 3,956 | 4,376 | 4,151 | 4,490 | 5,227 | 6,060 | 6,756 | 7,999 | 8,892 | 10,143 | 10,295 | |
EPS in Rs | 12.91 | 17.71 | 18.24 | 20.17 | 19.18 | 20.68 | 24.09 | 27.97 | 31.17 | 34.03 | 37.79 | 43.07 | 43.77 |
Dividend Payout % | 58% | 104% | 71% | 74% | 83% | 82% | 83% | 78% | 80% | 119% | 90% | 91% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 15% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 14% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 7% |
3 Years: | 6% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 37% |
5 Years: | 28% |
3 Years: | 22% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 216 | 216 | 216 | 216 | 216 | 216 | 216 | 216 | 216 | 235 | 235 | 235 | 235 |
Reserves | 3,465 | 2,649 | 3,321 | 3,811 | 6,357 | 6,528 | 7,065 | 7,651 | 8,013 | 47,439 | 48,826 | 50,069 | 50,129 |
0 | 25 | 46 | 43 | 177 | 277 | 0 | 99 | 0 | 1,009 | 1,043 | 1,219 | 1,272 | |
7,726 | 9,202 | 10,171 | 10,359 | 8,043 | 8,685 | 10,581 | 10,663 | 11,924 | 20,057 | 20,402 | 21,554 | 26,207 | |
Total Liabilities | 11,407 | 12,092 | 13,754 | 14,430 | 14,793 | 15,706 | 17,862 | 18,629 | 20,153 | 68,740 | 70,506 | 73,077 | 77,843 |
2,263 | 2,431 | 2,746 | 2,821 | 3,258 | 4,419 | 4,528 | 4,715 | 5,479 | 51,443 | 51,473 | 52,678 | 53,106 | |
CWIP | 228 | 222 | 373 | 516 | 408 | 229 | 461 | 406 | 597 | 745 | 1,313 | 1,132 | 1,047 |
Investments | 2,322 | 2,252 | 2,838 | 3,025 | 2,592 | 3,794 | 2,873 | 2,716 | 1,255 | 2,709 | 3,521 | 2,882 | 4,609 |
6,595 | 7,186 | 7,797 | 8,067 | 8,535 | 7,264 | 10,000 | 10,792 | 12,822 | 13,843 | 14,199 | 16,385 | 19,081 | |
Total Assets | 11,407 | 12,092 | 13,754 | 14,430 | 14,793 | 15,706 | 17,862 | 18,629 | 20,153 | 68,740 | 70,506 | 73,077 | 77,843 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,932 | 3,605 | 3,818 | 3,292 | 4,171 | 5,185 | 6,059 | 5,800 | 7,623 | 9,163 | 9,048 | 9,991 | |
-514 | 63 | -475 | 138 | -282 | -1,173 | -1,063 | -438 | 1,791 | -1,228 | -1,728 | -1,484 | |
-1,726 | -4,147 | -2,960 | -3,462 | -3,864 | -4,214 | -4,975 | -5,390 | -6,819 | -9,309 | -8,015 | -8,953 | |
Net Cash Flow | 692 | -480 | 383 | -33 | 25 | -202 | 21 | -28 | 2,595 | -1,374 | -695 | -446 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 13 | 13 | 13 | 12 | 14 | 12 | 13 | 17 | 11 | 14 | 16 | 19 |
Inventory Days | 94 | 83 | 86 | 77 | 75 | 67 | 65 | 59 | 65 | 66 | 65 | 55 |
Days Payable | 170 | 164 | 170 | 148 | 156 | 164 | 185 | 166 | 176 | 163 | 145 | 123 |
Cash Conversion Cycle | -63 | -67 | -72 | -60 | -67 | -85 | -107 | -90 | -101 | -83 | -64 | -50 |
Working Capital Days | -42 | -49 | -54 | -52 | -24 | -32 | -37 | -29 | -31 | -29 | -20 | -13 |
ROCE % | 106% | 130% | 147% | 139% | 112% | 91% | 103% | 116% | 117% | 38% | 24% | 27% |
Documents
Announcements
- Postal Ballot For Appointment Of Mr. Tarun Bajaj (DIN: 02026219) As An Independent Director - Tentative Calendar Of Events. 2h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
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Announcement under Regulation 30 (LODR)-Acquisition
1 Dec - Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Acquisition.
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Announcement under Regulation 30 (LODR)-Change in Management
1 Dec - Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Change in Management Committee.
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Announcement under Regulation 30 (LODR)-Change in Directorate
1 Dec - Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Change in Board.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Beauty & Personal Care Segment (42% of revenues)[1]
In this segment, the company has a wide-spread portfolio of more than 900 SKUs spread across one or more of categories which are made for 14 consumer clusters identified in India.[2] The company earns ~29% margins from this segment which is the most among its divisions.[1]
Brands under segment :-
Skin Cleansing - Dove, Lifebuoy, LUX, Pears, Liril, Hamam, Lever Ayush
Oral Care - Pepsodent, Closeup, Lever Ayush
Hair Care - Tresemme, Dove, Indulekha, Lever Ayush
Skin Care - Glow & Lovely, Pond's, Vaseline, Lakme, Lever Ayush.
Color Cosmetics - Lakme[3][4]