Time period given by analyst is one year when Hindustan Unilever Ltd. price can reach defined target.
Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 568994.84 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 12542.00 Crore, up 2.51 % from last quarter Total Income of Rs 12235.00 Crore and up 32.37 % from last year same quarter Total Income of Rs 9475.00 Crore. Company reported net profit after tax of Rs 2191.00 Crore in latest quarter.
Investment Rationale
HUL is likely to report 21.3% revenue growth led by 29.9% growth in beauty & personal care segment (BPC) & 22% growth in foods & refreshment segment. Both these segments were adversely impacted by lockdown in base quarter. The brokerage believes home care segment would grow at slower 3.7% given second wave of pandemic would have impacted detergent sales. With the sharp increase in palm oil prices & elevated tea procurement prices, the brokerage expects operating margins to contract 175 bps to 23.3%. The brokerage expects net profit to grow 11.3% to Rs 2093.4 crore.
Promoter/FII Holdings
Promoters held 61.9 per cent stake in the company as of Sept 30, 2020, while FIIs held 14.9 per cent, DIIs 10.7 per cent and public and others 12.5 per cent.
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