Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 560698.10 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 11989.00 Crore, up 4.07 % from last quarter Sales of Rs 11520.00 Crore and up 20.15 % from last year same quarter Sales of Rs 9978.00 Crore. Company reported net profit after tax of Rs 1938.00 Crore in latest quarter.
Investment Rationale
The high-margin Discretionary portfolio is likely to recover and report growth from 4QFY21. Recovery is also imminent in the highly profitable Detergents portfolio, along with GSK synergies from FY22. These expectations imply the earnings momentum is likely to resume with a healthy EPS growth trajectory (~17% EPS growth in the past three years). This is a welcome prospect following the blip of FY21, which is expected to witness relatively modest 9.3% growth – on account of the COVID impact and the subsequent lockdown
Promoter/FII Holdings
Promoters held 61.9 per cent stake in the company as of Dec 30, 2020, while FIIs held 14.9 per cent, DIIs 10.7 per cent and public and others 12.5 per cent.
