Hindustan Unilever

₹2502 4.8 | 0.2%

WEBSITE BSE:500696 NSE : HIND UNI LT 28 Mar, 10:01

Market Cap ₹587868 Cr.

Stock P/E 59.8

P/B 11.3

Current Price ₹2502

Book Value ₹ 221.7

Face Value 1

52W High ₹2741

Dividend Yield 1.36%

52W Low ₹ 1974.1

Edit Ratio

Hindustan Unilever Research see more...

EQUITY RESEARCH: HINDUSTAN UNILEVER LIMITED

Hindustan Unilever Limited

Overview Inc. Year: 1933Industry: Household & Personal Products

Hindustan Unilever Limited is an primarily India-based customer goods organization. The Company's segments are Home care, which includes detergent bars, detergent powders, detergent liquids, scourers, water enterprise and purifiers enterprise; Beauty & Personal Care, which includes merchandise in the categories of oral care, pores and skin care, soaps, hair care, deodorants, talcum powder, coloration cosmetics and salon services; Foods & Refreshment, which includes staples, culinary merchandise, tea, coffee, fitness meals liquids, ice-cream and frozen cakes, and Others, which includes exports and child care products. The Company's portfolio consists of household manufacturers, along with Lux, Lifebuoy, Surf excel, Rin, Wheel, Glow & Lovely, Pond's, Vaseline, Lakme, Dove, Clinic Plus, Sunsilk, Pepsodent, Closeup, Axe, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall's, Horlicks and Pureit.

Quarterly Price

Quarterly Monthly

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Peer Comparison

Hindustan Unilever Quarterly Results

#(Fig in Cr.)	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Net Sales	11683	12181	12433	12194	13046	13439	13767	14624	15144	15597
Other Income	93	54	109	66	53	60	79	133	109	110
Total Income	11776	12235	12542	12260	13099	13499	13846	14757	15253	15707
Total Expenditure	8758	9218	9390	9273	9820	10030	10466	11222	11665	11903
Operating Profit	3018	3017	3152	2987	3279	3469	3380	3535	3588	3804
Interest	31	44	11	13	28	27	38	28	28	29
Depreciation	265	286	266	260	281	272	278	281	272	293
Exceptional Income / Expenses	-83	-51	14	-27	-5	-67	55	-12	-29	-103
Profit Before Tax	2639	2636	2889	2687	2965	3103	3119	3214	3259	3379
Provision for Tax	665	698	698	587	783	803	814	823	589	898
Profit After Tax	1974	1938	2191	2100	2182	2300	2305	2391	2670	2481
Adjustments	0	-1	-5	-3	-1	-3	-1	-10	-5	-7
Profit After Adjustments	1974	1937	2186	2097	2181	2297	2304	2381	2665	2474
Adjusted Earnings Per Share	8.4	8.2	9.3	8.9	9.3	9.8	9.8	10.1	11.3	10.5

Hindustan Unilever Profit & Loss

#(Fig in Cr.)	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	23436	27004	29234	31972	32186	33162	35545	39310	39783	47028	52446	59132
Other Income	260	532	591	570	426	369	384	550	632	410	258	431
Total Income	23696	27536	29824	32542	32612	33531	35929	39860	40415	47438	52704	59563
Total Expenditure	19953	22799	24509	26562	26169	26822	28046	30430	29922	35402	39589	45256
Operating Profit	3743	4737	5316	5980	6443	6709	7883	9430	10493	12036	13115	14307
Interest	2	26	41	18	17	35	26	33	118	117	106	123
Depreciation	234	251	296	322	353	432	520	565	1002	1074	1091	1124
Exceptional Income / Expenses	114	606	236	679	-31	237	-33	-228	-200	-239	-44	-89
Profit Before Tax	3622	5066	5215	6320	6033	6479	7304	8604	9173	10606	11874	12971
Provision for Tax	822	1227	1259	1944	1875	1977	2079	2544	2409	2606	2987	3124
Profit After Tax	2800	3839	3956	4376	4158	4502	5225	6060	6764	8000	8887	9847
Adjustments	-9	-10	-10	-12	-19	-26	-11	-6	-16	-5	-8	-23
Profit After Adjustments	2791	3829	3946	4363	4139	4476	5214	6054	6748	7995	8879	9824
Adjusted Earnings Per Share	12.9	17.7	18.2	20.2	19.2	20.7	24.1	28	31.2	34	37.8	41.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	12%	10%	10%	8%
Operating Profit CAGR	9%	12%	14%	13%
PAT CAGR	11%	14%	15%	12%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	27%	5%	13%	18%
ROE Average	18%	44%	57%	80%
ROCE Average	25%	59%	79%	109%

Hindustan Unilever Balance Sheet

#(Fig in Cr.)	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	3681	2865	3537	4027	6573	6744	7281	7867	8229	47674	49061
Minority's Interest	18	21	22	25	20	22	20	18	17	20	26
Borrowings	0	8	8	7	0	0	0	0	0	0	0
Other Non-Current Liabilities	796	984	1090	969	966	1056	1372	1704	2306	9943	10139
Total Current Liabilities	6702	8006	8917	9202	7067	7714	8887	8667	9317	11103	11280
Total Liabilities	11197	11883	13574	14230	14626	15536	17560	18256	19869	68740	70506
Fixed Assets	2263	2431	2746	2821	3258	4419	4528	4715	5479	51443	51473
Other Non-Current Assets	684	1336	1300	1428	1023	945	1372	1627	2069	3080	3511
Total Current Assets	8251	8116	9528	9981	10323	10125	11644	11910	12303	14200	15509
Total Assets	11197	11883	13574	14230	14626	15536	17560	18256	19869	68740	70506

Hindustan Unilever Cash Flow

#(Fig in Cr.)	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	250	942	462	845	805	830	628	649	621	3216	1842
Cash Flow from Operating Activities	2932	3605	3818	3292	4171	5185	6059	5800	7623	9163	9048
Cash Flow from Investing Activities	-514	63	-475	138	-282	-1173	-1063	-438	1791	-1528	-1728
Cash Flow from Financing Activities	-1726	-4147	-2960	-3462	-3864	-4214	-4975	-5390	-6819	-9309	-8015
Net Cash Inflow / Outflow	692	-480	383	-33	25	-202	21	-28	2595	-1674	-695
Closing Cash & Cash Equivalent	942	462	845	813	830	628	649	621	3216	1842	1147

Hindustan Unilever Ratios

#	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	12.91	17.71	18.24	20.17	19.16	20.72	24.14	28.03	31.24	34.02	37.78
CEPS(Rs)	14.04	18.92	19.66	21.71	20.88	22.84	26.6	30.67	35.95	38.61	42.46
DPS(Rs)	7.5	18.5	13	15	16	17	20	22	25	40.5	34
Book NAV/Share(Rs)	16.86	13.07	16.16	18.41	30.23	31.09	33.57	36.31	38.03	202.85	208.77
Core EBITDA Margin(%)	14.21	14.76	15.34	15.96	17.38	17.73	18.2	19.91	21.55	22.08	22.08
EBIT Margin(%)	14.79	17.87	17.07	18.69	17.48	18.22	17.79	19.37	20.31	20.36	20.57
Pre Tax Margin(%)	14.78	17.78	16.93	18.64	17.43	18.12	17.72	19.29	20.05	20.14	20.39
PAT Margin (%)	11.43	13.48	12.84	12.91	12.01	12.59	12.68	13.59	14.79	15.19	15.26
Cash Profit Margin (%)	12.38	14.36	13.8	13.86	13.03	13.8	13.94	14.86	16.98	17.23	17.13
ROA(%)	26.25	33.27	31.08	31.47	28.82	29.85	31.57	33.84	35.48	18.06	12.76
ROE(%)	88.19	118.67	125.19	117.02	79.09	67.98	74.82	80.29	84.25	28.63	18.37
ROCE(%)	112.97	155.02	162.44	165.63	111.83	94.6	102.5	113.29	114.74	38.36	24.77
Receivable days	13.55	11.87	11.93	10.91	11.99	11.99	10.61	12.79	11.83	10.07	12.52
Inventory Days	41.28	34.42	33.46	31.16	29.39	26.88	22.38	20.82	21.31	21.99	24.05
Payable days	139.7	127.11	135.12	134.54	143.18	149.78	167.18	163.3	170.63	149.02	140.97
PER(x)	31.75	26.32	33.09	43.28	45.38	43.9	55.34	60.93	73.56	71.45	54.23
Price/Book(x)	24.31	35.67	37.37	47.4	28.76	29.26	39.79	47.03	60.43	11.98	9.81
Dividend Yield(%)	1.83	3.97	2.15	1.72	1.84	1.87	1.5	1.29	1.09	1.67	1.66
EV/Net Sales(x)	3.7	3.66	4.38	5.82	5.75	5.88	8.02	9.29	12.35	12.05	9.11
EV/Core EBITDA(x)	23.14	20.88	24.09	31.14	28.71	29.06	36.16	38.73	46.82	47.09	36.42
Net Sales Growth(%)	17.05	15.22	8.26	9.37	0.67	3.03	7.19	10.59	1.2	18.21	11.52
EBIT Growth(%)	22.5	40.53	3.22	20.57	-4.53	7.67	12.53	17.83	7.57	15.41	11.72
PAT Growth(%)	21.4	37.11	3.03	10.61	-4.97	8.27	16.06	15.98	11.62	18.27	11.09
EPS Growth(%)	21.43	37.14	3.04	10.54	-4.98	8.14	16.49	16.11	11.46	8.9	11.06
Debt/Equity(x)	0	0.01	0.01	0.01	0.03	0.04	0	0.01	0	0	0
Current Ratio(x)	1.23	1.01	1.07	1.08	1.46	1.31	1.31	1.37	1.32	1.28	1.37
Quick Ratio(x)	0.83	0.68	0.74	0.78	1.08	0.98	1.03	1.08	1.02	0.96	1.01
Interest Cover(x)	2195.96	197.97	129.2	358.03	355.88	186.11	281.92	261.73	78.74	91.65	113.02
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0	0	0

Hindustan Unilever Shareholding Pattern

#	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	61.9	61.9	61.9	61.9	61.9	61.9	61.9	61.9	61.9	61.9
FII	14.54	14.92	14.95	15.11	15.45	14.71	13.66	13.3	14.04	14.32
DII	10.82	10.72	10.68	10.75	10.47	10.86	11.61	12.19	11.75	11.55
Public	12.74	12.46	12.47	12.24	12.17	12.53	12.83	12.6	12.31	12.23
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	145.44	145.44	145.44	145.44	145.44	145.44	145.44	145.44	145.44	145.44
FII	34.16	35.05	35.14	35.51	36.31	34.55	32.1	31.26	32.99	33.66
DII	25.43	25.19	25.09	25.25	24.61	25.51	27.27	28.65	27.6	27.13
Public	29.93	29.28	29.29	28.76	28.6	29.45	30.15	29.61	28.93	28.74
Others	0	0	0	0	0	0	0	0	0	0
Total	234.96	234.96	234.96	234.96	234.96	234.96	234.96	234.96	234.96	234.96