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 621994.91 Crore) operating in FMCG sector.
Hindustan Unilever Ltd. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 12260.00 Crore, down -2.25 % from last quarter Total Income of Rs 12542.00 Crore and up 12.63 % from last year same quarter Total Income of Rs 10885.00 Crore. Company reported net profit after tax of Rs 2100.00 Crore in latest quarter.
Investment Rationale
HUL is likely to witness revenue growth of 14.8% to | 13132 crore on back of a recovery in home care & beauty & personal care segment. The base quarter revenue growth was flattish for these segments. The acquired nutrition business is part of the foods & refreshment segment. The brokerage expects 10.5%, 15.7% & 11.3% sales growth in home care, beauty & personal care and foods segment, respectively. It estimates 100 bps gross margins contraction with a steep increase in commodity costs. Operating margins are likely to see a 124 bps contraction in Q2FY22. Net profit is likely to grow 10% to Rs 2210.2 crore.
Promoter/FII Holdings
Promoters held 61.9 per cent stake in the company as of March 31, 2021, while FIIs held 15 per cent, DIIs 10.7 per cent and public and others 12.5 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.