HUL | Business Upturn

Top Q4 Results Today, April 30: HUL, Adani Enterprises, Adani Ports, Bajaj Finserv, Indus Towers, IDBI Bank and more to announce earnings

Aman Shukla — Thu, 30 Apr 2026 02:44:42 +0000

The Q4 earnings season in India reaches a peak on April 30, 2026, with a heavy lineup of over 50 companies scheduled to announce their fourth quarter and full-year FY26 results. The day includes several large-cap and widely tracked names across sectors such as FMCG, banking, infrastructure, telecom, metals, and financial services.

Among the key companies reporting today are Hindustan Unilever, Adani Enterprises, Adani Ports and Special Economic Zone, Bajaj Finserv, Indus Towers, IDBI Bank, National Aluminium Company, and ACC. The volume and diversity of companies reporting make this one of the busiest sessions in the Q4 FY26 results calendar.

Full List of Companies Announcing Q4 Results on April 30, 2026

The following companies are scheduled to report their Q4 FY26 earnings today:

Hindustan Unilever
Adani Ports and Special Economic Zone
Adani Enterprises
Bajaj Finserv
Cholamandalam Investment and Finance Company
Mazagon Dock Shipbuilders
Indus Towers
IDBI Bank
National Aluminium Company
Laurus Labs
Sona BLW Precision Forgings
Aster DM Healthcare
Central Bank of India
ACC
Dr Lal PathLabs
Acutaas Chemicals
Kajaria Ceramics
R R Kabel
Capri Global Capital
Sundram Fasteners
National Securities Depository
KSB
HFCL
Usha Martin
IndiaMART InterMESH
PCBL Chemical
Edelweiss Financial Services
Godrej Agrovet
RailTel Corporation of India
Equitas Small Finance Bank
Newgen Software Technologies
LG Balakrishnan and Brothers
SIS
Smartworks Coworking Spaces
PSP Projects
Welspun Specialty Solutions
Ideaforge Technology
Eveready Industries India
Servotech Renewable Power System
Ujaas Energy
Silver Touch Technologies
Go Fashion India
Jyoti Structures
5paisa Capital
ESAF Small Finance Bank
Bhagyanagar India
GHCL Textiles
KSolves India
Sudarshan Pharma Industries
Tara Chand InfraLogistic Solutions
Naperol Investments
Cryogenic OGS
EKI Energy Services
National Peroxide
Gayatri Rubbers and Chemicals
Quint Digital
Rajputana Industries
IBL Finance
Dhruva Capital Services
Biopol Chemicals
Nakoda Group of Industries
Kasturi Metal Composite
Grovy India
Pankaj Polymers
Invigorated Business Consulting
Narendra Properties
Gujarat Lease Financing
Natural Biocon India
Sungold Capital

This heavy earnings day is likely to influence sector-specific movements and broader market sentiment as Q4 FY26 reporting season approaches its final phase.

Top stocks to watch today, December 2: Hero MotoCorp, HUL, Bharat Dynamics, Tata Communications, Ambuja Cements and more

Aman Shukla — Tue, 02 Dec 2025 02:54:36 +0000

The Indian stock market ended Monday, December 1, on a flat note, with benchmark indices showing limited movement for the second straight session. The Sensex slipped 65 points, or 0.08%, to close at 85,641.90, while the Nifty 50 dipped 27 points, or 0.10%, to 26,175.75. Here are the top stocks to watch today, December 2.

Top Stocks to Watch Today

Hero MotoCorp

Hero MotoCorp reported strong November sales, with total volumes rising 31.5%, surpassing estimates of 29%. Continued recovery in demand and improved festive momentum remain key triggers for the stock today.

Hindustan Unilever (HUL)

The board has approved the appointment of Vandana Suri as Executive Director, Home Care India, effective January 1, 2026. Leadership changes at senior levels may drive investor attention.

NMDC

The mining major posted an 11% increase in iron ore production, while sales rose 4.3% YoY, reflecting sustained operational performance.

Ambuja Cements

Ambuja commissioned a 4 mtpa clinker expansion at its Bhatapara unit in Chhattisgarh. The capacity addition aligns with the company’s broader growth strategy.

Pharma Sector

The WHO has recommended GLP-1 drugs for obesity treatment, while the US–UK tariff deal on pharma products may impact sector sentiment. Several pharmaceutical stocks could see action.

Tata Communications

Its subsidiary has acquired a 51% stake in a US-based software firm for ₹227 crore, strengthening its digital solutions portfolio.

Bharat Dynamics

The company secured additional defence orders worth ₹2,462 crore from the Indian Army since November 13, supporting its order book visibility.

Info Edge

Hiring activity improved in November, with overall recruitment up 23%. IT sector hiring rose 14%, and the education segment saw a 44% rise, indicating broad-based improvement.

IRB Infrastructure

IRB will transfer VM7 to IRB InvIT for ₹513 crore and act as project manager for 15 years, generating ₹246 crore in revenue over the period.

MOIL

The company increased ferro-manganese ore prices by 3% across grades above and below 44% manganese.

Vodafone Idea

According to the Telecom Ministry, the government aims to outline the contours of a relief package for the sector by year-end. The update may influence the stock’s movement.

KEI Industries

KEI has initiated trial production at Phase 1 of its Sanand unit, with commercial operations expected from December 10.

Raymond Realty

The company launched its new BKC project, carrying an estimated revenue potential of ₹2,000 crore.

Force Motors

The automaker reported 53% YoY growth in November sales, delivering 2,883 units vs 1,885 units last year.

Syrma SGS

The company has started groundwork for a new PCB manufacturing unit in Andhra Pradesh, supporting its expansion plans.

Afcons Infrastructure

Afcons secured EPC orders worth ₹884 crore in November, adding to its execution pipeline.

Emmvee Photovoltaic

The company’s Q2 EBITDA rose 14%, with margins improving to 35.32% compared with 34.11% in the previous quarter.

NRB Bearings

NRB has entered into a joint venture agreement with Italian firm Unitec to produce cylindrical roller bearings.

Bajaj Housing Finance

Bajaj Finance is likely to offload 2% equity via block deals, with a floor price set at a 9.6% discount to the current market price.

Bank of Maharashtra

The government will sell up to 6% equity via an OFS, with the floor price fixed at a 6% discount to the CMP. This may create near-term supply pressure.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Top stocks to watch today, November 19: TCS, HUL, LTIMindtree, Adani Energy Solutions, Choice International and more

Aman Shukla — Wed, 19 Nov 2025 02:45:26 +0000

Indian equities are positioned for an active opening on November 19, 2025, as multiple companies released regulatory updates, business announcements, and operational developments that may shape investor sentiment during the session. Here’s a look at the major stocks likely to remain in focus.

Top Stocks to Watch

TCS

Tata Consultancy Services has signed a five-year agreement with NHS Supply Chain to support the transformation of healthcare delivery through AI-driven and cloud-based solutions.

HUL

Hindustan Unilever has fixed December 5 as the record date for the proposed demerger of its ice-cream business.

PNB, Bank of Baroda

Moody’s has upgraded the baseline credit assessment (BCA) of Punjab National Bank and Bank of Baroda by one notch.

Escorts Kubota

The company has launched its third-generation Ride-On Rice Transplanters in the Indian market under the Kubota brand.

LTIMindtree

LTIMindtree has expanded its collaboration with Microsoft to accelerate Azure cloud adoption and AI-powered transformation for enterprises.

Adani Energy Solutions

The company has received a Letter of Intent (LoI) from PFC Consulting to develop a transmission system in the Khavda region.

Textile Companies

The Ministry of Textiles has approved 17 new applicants under the Production-Linked Incentive (PLI) scheme, bringing fresh sectoral activity into focus.

Groww

According to MC reports, Groww faces the auction of 30 lakh shares. Analysts have highlighted concerns around what they describe as a deepening short-seller trap.

Mphasis

Kotak Mutual Fund, ICICI Prudential Mutual Fund, and HDFC Mutual Fund were buyers in yesterday’s block deals involving Mphasis shares.

MGL

Mahanagar Gas has announced the completion of rectification work on GAIL’s damaged main gas pipeline, with gas supply restored.

KEC International

KEC International has been barred from participating in new Power Grid projects for nine months due to contractual transgressions.

Inox Green Energy Services

The company will provide operations and maintenance services for 5 GW of renewable energy projects being developed by InoxGFL and KP Group.

Azad Engineering

Azad Engineering has entered into a long-term agreement with Pratt & Whitney Canada for manufacturing aircraft engine components.

Choice International

A subsidiary of Choice International has acquired 100% equity in Ayoleeza Consultants, adding over ₹200 crore in live orders to its portfolio.

Sequent Scientific

The National Company Law Tribunal (NCLT) has approved the company’s scheme of amalgamation.

Kaynes Technology

Motilal Oswal Mutual Fund sold shares worth ₹280 crore through block deals.

Paytm

SAIF Group investors sold shares, while Société Générale purchased shares worth ₹423 crore via block deals.

NSDL

NSDL has received a warning letter from SEBI for non-compliance with disclosure norms.

Waaree Energies

Income Tax Department officials visited the company’s facilities as part of an investigation.

HUL shares fall nearly 4% after CLSA maintains ‘Underperform’ rating with Rs 1,966 target price

Aman Shukla — Fri, 24 Oct 2025 04:00:02 +0000

Hindustan Unilever Limited (HUL) shares slipped almost 4% in today’s trade after global brokerage CLSA reiterated its ‘Underperform’ rating on the FMCG giant, maintaining a target price of ₹1,966 per share. The brokerage noted that HUL’s near-term growth outlook remains constrained despite management’s focus on innovation and volume-led recovery.

According to CLSA, HUL continues to emphasize portfolio renovation and category-specific strategies to revive volumes. The brokerage highlighted that the home care segment is witnessing traction in liquid detergents, but overall price growth remains negative. In the beauty and personal care segment, skincare continues to perform well, though personal care volumes have seen a decline. Meanwhile, the foods portfolio recorded a modest 3% year-on-year growth, supported by low single-digit underlying volume growth (UVG).

CLSA also pointed out that competitive pressures remain high, particularly in mass categories where affordability and pricing are key drivers. While the management’s renewed focus on innovation, value offerings, and affordability could gradually aid recovery, sustained rural demand and consistent category innovation will be crucial for a meaningful turnaround.

The brokerage further stated that HUL’s stock is likely to remain rangebound in the near term unless there is a visible improvement in pricing power or a sharp expansion in margins.

HUL shares jump 4% as Q1 volume growth hits 4%, tops street estimates

Aman Shukla — Thu, 31 Jul 2025 04:49:08 +0000

Hindustan Unilever Ltd (HUL) shares rose 4% on July 31, after the company reported its financial results for the quarter ended June 30, 2025 (Q1 FY26). As of 10:21 AM, the shares were trading 4.00% higher at Rs 2,534.90.

Volume growth came in at 4%, at the upper end of its estimated range of 3–4%. Net profit for the quarter stood at ₹2,732 crore, up 7.7% year-on-year (YoY). Revenue rose 3.9% YoY to ₹15,931 crore.

EBITDA was reported at ₹3,558 crore, marking a 1.3% decline from the year-ago period. The EBITDA margin came in at 22.3%, down from 23.5% last year, reflecting a 120 basis points contraction. The company cited moderating gross margins as the primary reason for the pressure on profitability.

HUL had earlier indicated that growth in the first half of FY26 would likely be stronger than the second half of FY25. It also maintained that margins would remain within the 22%–23% range over the next few quarters.

Top Q1 results today, July 31: Adani Enterprises, HUL, Maruti Suzuki India, Vedanta, Ambuja Cements and more to announce earnings

Aman Shukla — Thu, 31 Jul 2025 03:08:01 +0000

As the earnings season rolls on, a wave of Indian companies across sectors are set to release their financial results for the first quarter of FY2025-26 on Thursday, July 31, 2025. From FMCG majors and auto giants to pharma leaders and financial services firms, investors and analysts will be closely watching these updates for fresh insights into corporate performance amid evolving market dynamics.

Major Companies to Announce Q1 FY26 Results

Some of the most anticipated results include:

Hindustan Unilever Ltd (HUL)
Maruti Suzuki India Ltd
Sun Pharmaceutical Industries Ltd
Adani Enterprises Ltd
Coal India Ltd
Vedanta Ltd
Ambuja Cements Ltd
Eicher Motors Ltd
TVS Motor Company Ltd
Cholamandalam Investment and Finance Company Ltd

Other Noteworthy Names Reporting on July 31

Apart from the headline-makers, many mid-cap, small-cap, and newly listed companies will also be reporting their Q1 numbers:

Mankind Pharma, Swiggy, Dabur India, JSW Energy, PB Fintech, Thermax, Radico Khaitan, Gillette India, Dr Lal PathLabs, and Timken India.
Emami, TVS Holdings, JSW Holdings, Chambal Fertilisers, Sundram Fasteners, Chalet Hotels, and Neuland Laboratories.
Other names include Aarti Industries, City Union Bank, Sanofi India, Great Eastern Shipping, Indegene, Jubilant Ingrevia, Saregama India, ICRA, DCB Bank, TeamLease Services, Nucleus Software, Steelcast, Panama Petrochem, and Accelya Solutions.
Additionally, Q1 earnings will be announced by One Mobikwik Systems, Barbeque Nation Hospitality, Zuari Agro Chemicals, Royal Orchid Hotels, Wonderla Holidays, TCPL Packaging, Pricol, Skipper, Paushak, and several others.

Top Q1 results next week (July 28–August 2): Tata Power, HUL, ITC, Bharat Electronics, Adani Green Energy and more to announce earnings

Aman Shukla — Sun, 27 Jul 2025 04:29:37 +0000

The upcoming week, starting July 28, 2025, is set to be a busy one for India Inc. as more than 500 companies from a wide range of sectors are scheduled to report their financial results for the first quarter of the financial year 2025-26 (Q1 FY26).

Several major players across power, pharma, FMCG, auto, and metals are lined up to release their earnings, including prominent names like Hindustan Unilever, ITC, Asian Paints, Sun Pharma, and Maruti Suzuki.

Q1 FY26 Result Calendar: Key Companies to Watch

July 28, 2025
Notable companies expected to announce results include Bharat Electronics, Adani Green Energy, Torrent Pharma, GAIL, Mazagon Dock, NTPC Green Energy, IndusInd Bank, Nippon Life India Asset Management, Go Digit General Insurance, and Waaree Energies, among others.

July 29, 2025
Firms lined up include Larsen & Toubro, Asian Paints, NTPC, Bank of India, Piramal Enterprises, Varun Beverages, GE Vernova TD India, Star Health, Welspun Corp, Jubilant Pharmova, and Deepak Fertilisers.

July 30, 2025
Earnings are expected from Tata Steel, Power Grid Corporation, KPIT Technologies, Hyundai Motor India, Indus Towers, Procter & Gamble Hygiene, Kaynes Technology, JB Chemicals, and BASF India.

July 31, 2025
Scheduled results include those from Hindustan Unilever, Mahindra & Mahindra, Maruti Suzuki, Dabur, Sun Pharma, Coal India, TVS Motor, Ambuja Cements, Eicher Motors, Emami, Mankind Pharma, and Radico Khaitan.

August 1, 2025
Key names such as Tata Power, ITC, Godrej Properties, GlaxoSmithKline Pharmaceuticals, LIC Housing Finance, Multi Commodity Exchange (MCX), and Tube Investments of India are expected to release their reports.

August 2, 2025
The earnings season continues with reports due from ABB India, Federal Bank, Medplus Health Services, Sarda Energy, AMJ Land, Krishna Ventures, and a few others.

As these results start to come in, investors and analysts will be closely watching for signs of momentum, margin movement, and demand trends across key sectors.

Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions.

HUL shares jump 4% after Priya Nair’s appointment as MD & CEO

Aman Shukla — Fri, 11 Jul 2025 03:54:49 +0000

Hindustan Unilever Ltd (HUL) shares surged 4% in morning trade after the company announced a major top-level change. Starting August 1, 2025, Priya Nair will step in as the new CEO and Managing Director, replacing Rohit Jawa, who will step down on July 31. As of 9:23 AM, the shares were trading 3.83% higher at Rs 2,500.60.

Nair is no stranger to HUL. She’s been with the company since 1995 and has held key leadership roles across multiple divisions. Currently, she heads Unilever’s global Beauty & Wellbeing segment and will now bring her deep experience back to the Indian operations. She will also join the HUL board and remain part of Unilever’s global executive team.

This leadership change is seen as a strong signal of continuity and growth. Nair is credited with driving innovation, digital transformation, and sustainability in her previous roles, and investors seem optimistic that she’ll bring that same energy to HUL.

Rohit Jawa, who led the company since June 2023, is stepping down to explore new opportunities. Under his tenure, HUL focused heavily on premiumisation and adapting to shifting consumer habits—an approach that is expected to continue under Nair.

Top stocks in focus on July 11: Tata Steel, TCS, Tata Elxsi, Glenmark Pharma, HUL, JSW Infrastructure and more

Aman Shukla — Fri, 11 Jul 2025 03:05:16 +0000

Indian benchmark indices extended their losing streak on July 10, with both the Sensex and Nifty ending the session in the red for a second day in a row. The Nifty 50 closed 120.85 points, or 0.47%, lower at 25,355.25. The BSE Sensex slipped 345.80 points, or 0.41%, to settle at 83,190.28. Intraday, the Nifty touched a low of 25,340.45, while the Sensex fell to 83,134.97.

Here are some of the key stocks to watch on July 11:

Tata Steel has acquired ₹1,074 crore worth of shares (125 crore units) in its subsidiary T Steel Holdings.
Glenmark Pharma will out-license its under-development oncology drug ISB 2001 to AbbVie, with an upfront payment of $700 million.
HUL announced that Rohit Jawa has stepped down as MD & CEO. Priya Nair, a senior Unilever executive, will take over.
Anand Rathi Wealth said it has achieved 88% of its FY26 AUM target in Q1. Margins rose to 46.6% from 41.3% a year ago.
Birla Corporation has been declared the preferred bidder for the Tadas Limestone Block-II in Rajasthan.
Mphasis‘ U.S. subsidiary will buy a 26% stake in Aokah for $4 million.
Popular Vehicles received a Letter of Intent to set up Ather Energy facilities in Chennai.
Tourism Finance Corporation‘s board has approved a stock split in a 1:5 ratio.
Enviro Infra has entered the ZLD (zero liquid discharge) segment with a ₹400 crore CETP (common effluent treatment plant) EPC order.
JSW Infrastructure‘s resolution plan for NCR Rail Infrastructure has received approval from the CoC; a Letter of Intent has been issued.
Lemon Tree Hotels signed agreements for two new properties in Maharashtra.
Aegis Logistics has transferred its Pipavav LPG terminal to Aegis Vopak for ₹428 crore.
TCS posted a 3.3% QoQ decline in constant currency (CC) revenue in Q1, worse than the expected 1.4% drop.
Tata Elxsi reported a 3.9% QoQ decline in CC revenue. Operating margin fell to 20.9% from 22.9% in the previous quarter.
IREDA reported a rise in gross NPAs to 4.13% from 2.45% QoQ, while net profit fell 35.7% year-on-year.
Zee Entertainment said shareholders did not approve the resolution to issue warrants to promoters.

HUL shareholders to receive Rs 24 per share dividend for Q4 FY25 – Know more

Aditya Bhagchandani — Thu, 24 Apr 2025 04:51:34 +0000

Hindustan Unilever Ltd (HUL) has announced a total dividend of Rs 53 per equity share (face value Re 1) for the financial year ended March 31, 2025. This includes a final dividend of Rs 24 per share, in addition to the interim dividend of Rs 19 and a special dividend of Rs 10 paid earlier on November 21, 2024.

The final dividend is subject to shareholder approval and reflects the company’s strong cash flows and commitment to rewarding its investors.

Q4 FY25 results: Steady performance despite margin pressure

HUL reported a 3.6% year-on-year rise in standalone net profit to Rs 2,493 crore in Q4 FY25, up from Rs 2,406 crore in the same period last year. Revenue from operations stood at Rs 15,213 crore, compared to Rs 14,857 crore in Q4 FY24, marking a 2.4% increase.

EBITDA grew 1% YoY to Rs 3,466 crore, up from Rs 3,435 crore. However, the EBITDA margin narrowed to 22.8% from 23.1% last year due to continued input cost pressures and higher advertising expenses.

Total expenses rose to Rs 12,136 crore from Rs 11,813 crore, while profit before tax improved to Rs 3,354 crore, up from Rs 3,247 crore YoY.

Full-year FY25 (Standalone) highlights

Total income: Rs 62,646 crore (vs Rs 61,442 crore in FY24)
Net profit: Rs 10,644 crore (vs Rs 10,114 crore in FY24)
EBITDA: Rs 14,300 crore
Total dividend declared: Rs 53 per share

HUL’s consistent performance amid a volatile cost environment highlights the resilience of its brand portfolio and operational efficiency.

FAQs

What is the total dividend announced by HUL for FY25?
Rs 53 per share – including Rs 24 final, Rs 19 interim, and Rs 10 special dividend.

What was HUL’s Q4 FY25 net profit?
Rs 2,493 crore, up 3.6% YoY.

How did margins fare this quarter?
EBITDA margin dipped to 22.8% from 23.1% YoY.

Is the final dividend confirmed?
It is subject to shareholder approval at the upcoming AGM.

HUL share price jumps over 2% to day’s high after volume growth of 2% beats estimates

Aditya Bhagchandani — Thu, 24 Apr 2025 04:47:43 +0000

Shares of Hindustan Unilever Ltd. (HUL) rose over 2% in morning trade on April 24, following the announcement of its Q4 FY25 earnings, which showed a steady rise in profit and operational performance despite margin pressure.

In a quarter that was expected to reflect sluggish consumption trends, Hindustan Unilever Ltd (HUL) surprised the Street with a 2% volume growth in Q4 FY25—beating analysts’ estimates of 0–1%. Earlier projections had even positioned HUL as the potential underperformer in the FMCG pack on volume terms.

Q4 FY25 results at a glance

HUL reported a 3.6% year-on-year increase in standalone net profit to Rs 2,493 crore, up from Rs 2,406 crore in Q4 FY24. The company’s total income for the quarter stood at Rs 15,513 crore, slightly higher than Rs 15,077 crore a year earlier.

Revenue from operations grew over 2% YoY to Rs 15,213 crore, compared to Rs 14,857 crore in the same quarter last year.

EBITDA rises, but margin narrows to 22.8%

EBITDA for the quarter came in at Rs 3,466 crore, compared to Rs 3,435 crore in Q4 FY24. However, EBITDA margin contracted slightly to 22.8%, down from 23.1% in the previous year, amid persistent input cost pressures and higher ad spends.

Total expenses rose to Rs 12,136 crore, up from Rs 11,813 crore in Q4 FY24. Profit before tax stood at Rs 3,354 crore, versus Rs 3,247 crore in the same period last year.

Full-year FY25 performance (Standalone)

Total income: Rs 62,646 crore (vs Rs 61,442 crore in FY24)
Net profit: Rs 10,644 crore (vs Rs 10,114 crore in FY24)
EBITDA: Rs 14,300 crore
Total expenses: Rs 48,768 crore

The company has managed to maintain growth momentum across segments while navigating inflationary pressures and competitive pricing environments.

FAQs

Why did HUL shares rise today?
The stock jumped nearly 2% after the company reported a 3.6% YoY increase in Q4 net profit and steady operational performance.

What was the EBITDA margin in Q4 FY25?
EBITDA margin stood at 22.8%, slightly down from 23.1% in Q4 FY24.

What were HUL’s full-year FY25 numbers?
Net profit was Rs 10,644 crore and revenue stood at Rs 62,646 crore.

What impacted margins this quarter?
Higher raw material costs and marketing expenses caused margin compression.

HUL Q4 FY25: Home care and Beauty drive growth; =Food segment sees margin pressure – Segment-wise analysis

Aditya Bhagchandani — Thu, 24 Apr 2025 04:44:33 +0000

Hindustan Unilever Limited (HUL) reported consolidated revenue of Rs 15,214 crore in Q4 FY25, compared to Rs 14,857 crore in the same quarter last year. While net profit rose 3.6% YoY to Rs 2,493 crore, the segment-wise performance reveals mixed trends across categories.

Segment-wise revenue performance (Q4 FY25)

Home Care: Rs 5,818 crore vs Rs 5,715 crore YoY
Beauty & Wellbeing: Rs 3,113 crore vs Rs 2,987 crore YoY
Personal Care: Rs 2,124 crore vs Rs 2,063 crore YoY
Foods: Rs 3,896 crore vs Rs 3,911 crore YoY
Others (Exports, Consignment): Rs 263 crore vs Rs 181 crore YoY

The strongest growth in absolute terms came from the Home Care and Beauty & Wellbeing segments, supported by stable pricing and robust rural recovery. The Foods segment saw a slight dip in revenue, potentially impacted by price sensitivity and slower volume uptick.

https://www.businessupturn.com/business/corporates/hul-q4-fy25-results-revenue-up-2-to-rs-15214-crore-net-profit-jumps-3-6-to-rs-2493-crore/

Segment-wise EBIT (Q4 FY25)

Home Care: Rs 1,056 crore vs Rs 1,081 crore YoY
Beauty & Wellbeing: Rs 1,037 crore vs Rs 917 crore YoY
Personal Care: Rs 392 crore vs Rs 371 crore YoY
Foods: Rs 627 crore vs Rs 739 crore YoY
Others: Rs 41 crore vs Rs 38 crore YoY

The Beauty & Wellbeing segment showed strong EBIT growth, improving to Rs 1,037 crore, while Foods segment EBIT declined to Rs 627 crore from Rs 739 crore, despite stable revenue, likely due to higher raw material costs and increased marketing expenses.

Full-year FY25 segment summary

For FY25, HUL reported:

Home Care revenue: Rs 22,972 crore | EBIT: Rs 4,306 crore
Beauty & Wellbeing revenue: Rs 13,073 crore | EBIT: Rs 4,176 crore
Personal Care revenue: Rs 9,168 crore | EBIT: Rs 1,606 crore
Foods revenue: Rs 15,294 crore | EBIT: Rs 2,808 crore

Outlook

The management expects input cost normalization by Q1/Q2 FY26, which could lift margins in the Foods segment. Meanwhile, Beauty & Wellbeing and Home Care are likely to remain key growth drivers, buoyed by premiumization and digital reach.

FAQs

Which segment drove revenue growth for HUL in Q4 FY25?
Home Care and Beauty & Wellbeing were the biggest contributors to growth.

Why did EBIT fall in the Foods segment?
Due to cost pressures from ingredients and increased ad spends.

How did Personal Care perform?
Revenue grew modestly, and EBIT improved slightly to Rs 392 crore from Rs 371 crore.

What is HUL’s strongest segment by annual revenue?
Home Care led with Rs 22,972 crore in FY25.

HUL Q3 FY25 Segment-Wise Performance: Home Care revenue up 5.4% YoY, Food segment flat YoY

Aditya Bhagchandani — Wed, 22 Jan 2025 10:40:42 +0000

Hindustan Unilever Limited (HUL) reported its segment-wise financial performance for the third quarter of FY25, reflecting a steady overall growth across key business categories.

Key Highlights:

Total Segment Revenue: ₹15,818 crore, a marginal increase of 1.6% YoY from ₹15,567 crore in Q3 FY24.

Segment Revenue Breakdown:

Home Care:
- Revenue: ₹5,739 crore (up 5.4% YoY from ₹5,444 crore in Q3 FY24).
- Strong growth driven by robust demand in fabric care products.
Beauty & Wellbeing:
- Revenue: ₹3,556 crore (up 2.6% YoY from ₹3,467 crore).
- Performance supported by premium skincare and haircare product categories.
Personal Care:
- Revenue: ₹2,243 crore (down 3.1% YoY from ₹2,315 crore).
- Impacted by subdued demand in hygiene-related products.
Foods:
- Revenue: ₹3,745 crore (flat growth YoY from ₹3,733 crore).
- Steady performance across key food and refreshment categories.
Others (Exports, Consignment, etc.):
- Revenue: ₹535 crore (down 12% YoY from ₹608 crore).

Segment Results:

Total Segment Profit: ₹3,354 crore, consistent with ₹3,353 crore in the same quarter last year.
Key contributors:
- Home Care: ₹1,086 crore (up 9.8% YoY).
- Beauty & Wellbeing: ₹1,018 crore (down 7.1% YoY).
- Personal Care: ₹401 crore (up 8.7% YoY).
- Foods: ₹755 crore (up 6.2% YoY).
- Others: ₹94 crore (down 50% YoY).

HUL Q3 FY25 Results: Revenue grows 2% YoY to 15,559 crore, Profit rises 19% YoY

Outlook:

HUL’s focus on innovation, premiumization, and expansion across core categories is driving consistent performance, despite macroeconomic challenges. The company’s strong execution and strategic initiatives position it well for sustained growth in the coming quarters.

HUL Q3 FY25 Results: Revenue grows 2% YoY to 15,559 crore, Profit rises 19% YoY

Aditya Bhagchandani — Wed, 22 Jan 2025 10:32:58 +0000

Hindustan Unilever Limited (HUL) has announced its financial results for the third quarter of FY25, showcasing steady growth in revenue and profitability.

Key Financial Highlights:

Revenue from Operations: ₹15,559 crore, up 2% YoY from ₹15,259 crore in Q3 FY24.
Total Income: ₹16,050 crore, increasing by 2% YoY from ₹15,781 crore in the same period last year.
Net Profit: ₹2,989 crore, registering a significant 19% YoY growth from ₹2,508 crore in Q3 FY24.
Total Expenses: ₹12,576 crore, slightly up from ₹12,305 crore in the same quarter last year.

Quarter-on-Quarter Performance:

Revenue decreased marginally by 0.9% from ₹15,703 crore in Q2 FY25.
Net profit improved by 14% QoQ from ₹2,595 crore in the previous quarter.

Management Commentary:

The company’s focus on premiumization, cost optimization, and sustained brand innovation contributed to the robust profit growth despite moderate revenue growth. HUL continues to drive long-term value through strategic investments and consumer-centric initiatives.

HUL to acquire 90.5% stake in Minimalist at Rs 2,955 crore valuation

Aditya Bhagchandani — Wed, 22 Jan 2025 10:29:01 +0000

Hindustan Unilever Limited (HUL) has announced its decision to acquire a 90.5% stake in Minimalist, a fast-growing skincare and personal care brand, through secondary buyouts and a primary infusion. The acquisition values Minimalist at a pre-money enterprise value of ₹2,955 crore, subject to adjustments outlined in the transaction documents.

Transaction Details:

HUL will acquire 90.5% of Minimalist through secondary purchases from existing shareholders and a primary infusion into the business.

The balance 9.5% will be acquired from the founders over the next two years, under terms specified in the transaction documents. Minimalist team led by Mohit and Rahul will continue to run the business for a period of two years. HUL and Minimalist team will partner to unlock value through synergies and complementary capabilities. Transaction is expected to close in JQ’25, subject to applicable regulatory approvals and customary closing conditions

About Minimalist: Minimalist, founded in 2020, has rapidly gained traction as a science-backed, transparent skincare brand with a strong digital presence. The company’s growth trajectory and innovative product offerings have positioned it as a preferred brand among millennials and Gen Z consumers.

HUL Board approves demerger of ice cream business into Kwality Wall’s (India)

Aditya Bhagchandani — Wed, 22 Jan 2025 10:25:25 +0000

Hindustan Unilever Limited (HUL) has announced the demerger of its Ice Cream business into its wholly-owned subsidiary, Kwality Wall’s (India) Limited (KWIL). The decision, approved by the HUL Board, will allow KWIL to operate as a standalone listed entity, unlocking significant value for HUL shareholders.

Under the approved scheme, shareholders of HUL will receive one equity share of KWIL for every equity share held in HUL. Upon completion of the demerger and subsequent listing, KWIL’s shareholding will be directly held by HUL shareholders.

Rationale for the Demerger The move is part of Unilever PLC’s global strategy to separate its ice cream business, enabling focused management and growth. With iconic brands such as Kwality Wall’s, Cornetto, and Magnum, the demerged business operates in a high-growth segment. The separation will allow KWIL to benefit from greater operational flexibility, specialized strategies, and innovation expertise from the global ice cream business.

Key Highlights of the Scheme

KWIL will inherit the Ice Cream Business Undertaking, valued at ₹1,595 crore for FY2024, representing 2.7% of HUL’s total turnover.
No cash consideration is involved; the share allotment ratio will be 1:1.
The resulting company, KWIL, will seek listing on both NSE and BSE.

Management Insights Rohit Jawa, CEO & MD of HUL, stated: “The demerger reflects our commitment to unlocking fair value for shareholders while enabling focused growth in the high-potential ice cream category.”

Approvals and Next Steps The demerger is subject to shareholder, creditor, regulatory, and statutory approvals under the Companies Act, 2013.

HUL shares trade in green ahead of Q3 results today

Aditya Bhagchandani — Wed, 22 Jan 2025 04:20:25 +0000

Hindustan Unilever Limited (HUL) shares were trading marginally higher at ₹2,349.30, up 0.38% from the previous close, ahead of the company’s much-anticipated Q3FY25 results scheduled for January 22, 2025.

The FMCG giant, which owns popular brands like Dove, Vim, Surf Excel, and Horlicks, is expected to post flat earnings for the quarter ended December 31, 2024, amid challenging market conditions. Analysts predict domestic volume growth of 1-2% driven by price hikes in products such as soaps and tea. However, factors like delayed winter, high commodity prices, and muted urban demand are likely to weigh on overall performance.

Key Expectations:

PAT: Estimated to rise around 1.89% year-on-year (YoY) to ₹2,577.97 crore, compared to ₹2,530 crore a year ago. On a quarter-on-quarter (QoQ) basis, PAT might decline by 0.84%.
Revenue: Predicted to increase by 0.75% YoY to ₹15,688.22 crore, compared to ₹15,570 crore in the corresponding period last year. Sequentially, revenue could see a decline of 1.5%.

HUL’s results will also serve as a key indicator of consumer demand trends and pricing dynamics in the FMCG sector.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

HUL shares surge as company plans to demerge and list ice-cream business

Aditya Bhagchandani — Tue, 26 Nov 2024 03:45:43 +0000

Hindustan Unilever Ltd (HUL) saw its shares surge by 1% in early trade on Monday after the company announced plans to demerge its ice-cream business into a separate, listed entity. The decision reflects HUL’s strategy to maximize value for its shareholders.

In an exchange filing, HUL stated that its board has granted in-principle approval for the demerger and has authorized the management to take preparatory steps, including drafting a scheme of arrangement for the separation.

Shareholders to Benefit:

HUL confirmed that, subject to necessary approvals, shareholders will receive shares in the new entity in proportion to their shareholding in HUL. The company plans to finalize the scheme of demerger and present it to the board early next year for approval.

Strategic Move:

The board explored various modes of separating the ice-cream business before deciding on a demerger to enhance value creation for shareholders. HUL’s ice-cream business, which includes popular brands such as Kwality Wall’s, has been a strong performer within the FMCG giant’s portfolio.

As of 9:15 AM, HUL shares were trading 1% higher, reflecting investor optimism about the potential unlocking of value through this strategic initiative.

Hindustan Unilever’s market cap rises by ₹1,103 crore this week – Know More

Aditya Bhagchandani — Sun, 10 Nov 2024 09:55:43 +0000

Hindustan Unilever Ltd’s market capitalization saw an increase this week as the stock closed at ₹2,507.70 on Friday, up from ₹2,475.50 on Monday. This rise represents a 1.30% gain in share value, boosting the FMCG giant’s market cap to ₹5,90,310 crore.

Weekly Performance Summary:

Friday’s Closing Price: ₹2,507.70
Weekly Market Cap Gain: ₹1,103 crore
Current Market Cap: ₹5,90,310 crore

Hindustan Unilever’s steady performance comes amid recent discussions with the Telecom Regulatory Authority of India (TRAI) regarding proposed regulations on transactional messaging. The FMCG leader emphasized potential challenges that these regulations may pose for essential service communications, such as one-time passwords (OTPs) used for secure transactions. Both HUL and the Fintech Association for Consumer Empowerment have urged TRAI to consider exemptions for critical messages to avoid disruptions in consumer services.

Hindustan Unilever market cap drops by ₹33,539 crore as shares fall over 5% after disappointing Q2 results

Aditya Bhagchandani — Thu, 24 Oct 2024 04:42:31 +0000

Shares of Hindustan Unilever Ltd. (HUL) witnessed a significant drop of 5.70%, falling by ₹151.50 to trade at ₹2,507.80 on the NSE as of 10:00 AM on October 24. This sharp decline followed the company’s underwhelming Q2 FY25 earnings report, where it posted a 4% year-on-year decline in net profit to ₹2,612 crore, despite a modest 2% increase in revenue.

The drop in the company’s stock price led to a substantial loss in market capitalization. HUL’s market cap fell from ₹5,89,230.50 crore to ₹5,55,690.92 crore, translating into a staggering ₹33,539 crore wiped off in market value.

Stock price details:

Open: ₹2,647.00
High: ₹2,647.00
Low: ₹2,503.25
Previous Close: ₹2,659.30

Key Financial Results:

Net Profit: ₹2,612 crore, down 4% YoY
Revenue: ₹14,597 crore, up 2% YoY

Investors have reacted negatively to the results, particularly concerned about the decline in profit despite a slight revenue increase. The company’s results reflect the challenges it faces in maintaining profitability amid rising costs and economic uncertainty. This reaction is in line with market sentiments, which were already cautious ahead of the earnings announcement.

HUL’s management remains confident in its long-term growth strategy, citing efforts to optimize operations and maintain brand strength. However, the immediate market response underscores investor concerns over the company’s near-term profitability.

This significant fall has caused a notable dent in HUL’s market standing, especially given its prior status as one of the top-performing FMCG stocks. As HUL continues to navigate through these challenges, all eyes will be on its ability to recover in the upcoming quarters and regain investor confidence.

Bombay High Court rejects Hindustan Unilever’s plea against Rs 963 crore tax demand

Aditya Bhagchandani — Tue, 24 Sep 2024 04:04:42 +0000

The Bombay High Court has dismissed Hindustan Unilever Ltd’s (HUL) petition challenging a ₹963 crore tax demand raised by the Income Tax Department. The court has instructed HUL to appeal the decision before the Income Tax Appellate Tribunal within 15 days, along with a stay application to delay the payment.

The tax demand was imposed for HUL’s failure to comply with Section 195 of the Income Tax Act, which requires tax to be deducted at source for certain transactions. This issue arose from HUL’s acquisition of the Horlicks trademark from GlaxoSmithKline in 2020.

The court also directed the tax authorities not to enforce the payment until the tribunal makes a decision on HUL’s stay request. HUL shares were down 0.80%, trading at ₹3,004.25 on the NSE as of 9:32 AM.

Stocks to Watch: Medi Assist, HCLTech, Zydus Lifesciences, Ultra Tech, HUL shares in focus Today, 27 Aug, 2024

News Desk — Tue, 27 Aug 2024 02:49:50 +0000

The US market Dow touched lifetime highs in yesterday’s trading session, and we are expecting the Nifty to hit an all-time high today. With the global market trading mixed, several companies are in the spotlight with important developments that could impact their stock performance today.

HCLTech has extended its agreement with Xerox to drive innovation through AI and digital engineering. Meanwhile, UltraTech Cement has raised $500 million through sustainability-linked financing. Zydus Cadila has indicated that the competitive impact of Asacol HD has already been factored into its FY25 projections. In another development, Motilal Oswal Funds has acquired an additional 1.91% stake in Coforge through a block deal.

Lemon Tree Hotels has signed an agreement for an 80-room property in Ayodhya, further expanding its portfolio. On the regulatory front, Piramal Enterprises’ arm PCHFL has been held liable for a penalty of ₹466.30 crore under the Income Tax Act. Additionally, Dilip Buildcon has reported that the National Highways Authority of India (NHAI) is liable to pay a ₹16.65 crore arbitral award in a case against the Punjab Public Works Department.

Exicom Tele-Systems plans to avail ₹125 crore from Axis Finance, which will be used for the acquisition of Australian company Tritium. Ceigall has reported a 65.1% increase in EBITDA, with margins improving from 13.4% to 17.5% year-over-year. Medi Assist is set to acquire Paramount TPA for an enterprise value of ₹312 crore, which will enhance its service offerings in the healthcare sector.

Bondada Engineering has secured an order worth ₹576 crore for solar projects, aligning with the growing focus on renewable energy. In the market, Warburg Pincus has sold its entire 11.35% stake in Medplus via a block deal, while SBI Mutual Fund has acquired 4.5 lakh shares in Brainbees Solutions, raising its stake above 5%.

On the downside, Hindustan Unilever (HUL) has received a tax demand order worth ₹962.75 crore. GPT Infraprojects is reportedly looking to raise up to ₹175 crore at an indicative price of ₹174.64 per share. Lastly, AU Small Finance Bank has sold a 1.72% stake in its Fincare business at ₹630 per share through a block deal.

Investors should closely monitor these stocks as they navigate through significant developments that could influence market performance. The updates provide critical insights for making informed investment decisions.

HUL shares surge after Pureit sale to AO Smith for Rs 601 crore

Aditya Bhagchandani — Tue, 16 Jul 2024 05:39:56 +0000

Shares of Hindustan Unilever saw a modest rise of over one percent in early trade on July 16. This comes after the company revealed its plans to sell its water purification business to AO Smith India.

Hindustan Unilever has approved the sale of this segment for an Enterprise Value of Rs 601 crore ($72 million). The company stated that this move will allow them to concentrate more on their core categories.

As of 11:05 AM, the shares were trading 1.07% higher at ₹2,648.45 on the NSE.

Hindustan Unilever Limited (HUL) announced on July 15 the sale of its Pureit water purification business in India to AO Smith for ₹601 crore ($72 million). This announcement was made through a disclosure to the stock exchanges.

Rohit Jawa, CEO & MD of HUL, stated, “This move is in line with our strategic intent to focus sharply on our core categories. Pureit provides essential water purification solutions to millions of loyal consumers, and I am confident the brand will thrive further under the ownership of AO Smith.”

The FY24 turnover of the water purification business, which is part of HUL’s home care arm, was recorded at ₹293 crore, representing less than one percent of HUL’s total turnover.

Parag Kulkarni, president of AO Smith India Water Products Private Limited, commented, “The Pureit brand, known for innovative water purification products, strong brand recognition, and dedication to customer service, complements AO Smith’s geographic and channel presence. The Pureit team’s deep understanding of consumer needs and water treatment expertise adds tremendous strength to AO Smith in India, and we look forward to welcoming the Pureit team to the AO Smith family.”

Top FMCG stocks in India: Market Cap, PE Ratio, Returns and Income

Arunika Jain — Tue, 14 May 2024 10:25:45 +0000

The Fast-Moving Consumer Goods (FMCG) sector in India has emerged as a significant contributor to the country’s economic growth, driven by a burgeoning population, rising disposable incomes, and evolving consumer preferences. This dynamic industry encompasses a diverse range of companies, from established multinational giants to homegrown enterprises, catering to the ever-increasing demand for consumer goods across the nation.

Analyzing the Top FMCG Stocks in India

ITC Ltd: Diversified Conglomerate with a Strong FMCG Presence

Key Metrics	ITC Ltd
Market Cap	Rs. 5,36,343.63 crores
Close Price	Rs. 429.60
PE Ratio	26.03
Total Income (31-Dec-2023)	18,787.19 crores

ITC Ltd, a diversified conglomerate, has established a formidable presence in the FMCG sector through its range of popular brands. With a market capitalization of Rs. 5,36,343.63 crores and a net profit of Rs. 5,572.07 crores in the result (31-Dec-2023) , ITC Ltd demonstrates its dominance in the industry.

HUL (Hindustan Unilever Ltd): A Global Giant’s Indian Stronghold

Key Metrics	HUL (Hindustan Unilever Ltd)
Market Cap	Rs. 5,52,388.91 crores
Close Price	Rs. 2,351.00
PE Ratio	53.95
Total Income (31-March-2024)	15,077.00 crores

Hindustan Unilever Ltd (HUL), a subsidiary of the global conglomerate Unilever, has firmly established itself as a leading FMCG player in India. With a staggering market capitalization of Rs. 15,077.00 crores as result declared on 31-March-2024, HUL has consistently delivered strong financial performance, backed by its diverse product portfolio and brand recognition.

Britannia Industries Ltd: A Household Name in Baked Goods

Key Metrics	Britannia Industries Ltd
Market Cap	Rs. 1,23,662.99 crores
Close Price	Rs. 5,134.05
PE Ratio	57.76
Total Income (31-Mar-2024)	3,979.40 crores

Britannia Industries Ltd, a renowned name in the baked goods segment, has carved a niche for itself in the Indian FMCG market. With a market capitalization of Rs. 1,23,662.99 crores, the company has demonstrated its prowess in the consumer goods sector, backed by its latest quarterly net profit/loss of Rs. 530.15 crores (Result on 31-Mar-2024).

Other Notable FMCG Players

Company	Market Cap	Close Price	PE Ratio	Total Income
Dabur India Ltd	Rs. 98,224.13 crores	Rs. 554.30	53.82	2,153.64 crores (31-Mar-2024)
Marico Ltd	Rs. 77,646.11 crores	Rs. 600.00	51.53	1,665.00 crores (31-Mar-2024)
Colgate-Palmolive (India) Ltd	Rs. 76,645.55 crores	Rs. 2818.00	60.97	1,413.54 crores (31-Dec-2023)
Emami Ltd	Rs. 22,466.66 crores	Rs. 514.70	31.18	838.24 crores (31-Dec-2023)
Godrej Consumer Products Ltd	Rs. 1,33,339.97 crores	Rs. 1303.65	73.02	2,094.16 crores (31-Mar-2024)
Procter & Gamble Hygiene and Health Care Ltd	Rs. 51,060.74 crores	Rs. 15730.00	68.46	1,015.76 crores (31-Mar-2024)
Bajaj Consumer Care Ltd	Rs. 3,374.22 crores	Rs. 236.30	21.97	247.58 crores (31-Mar-2024)

The FMCG sector in India is home to a diverse range of companies, including multinational giants and homegrown enterprises. Companies like Dabur India Ltd, Marico Ltd, Colgate-Palmolive (India) Ltd, Emami Ltd, Godrej Consumer Products Ltd, Procter & Gamble Hygiene and Health Care Ltd, and Bajaj Consumer Care Ltd have carved their niche in various segments of the consumer goods market, offering investors a multitude of investment opportunities.

As the FMCG sector in India continues to thrive, driven by a growing population, rising disposable incomes, and evolving consumer preferences, investors have a plethora of options to explore. From established multinational giants to homegrown enterprises, the sector offers a diverse range of stocks with varying market capitalizations, financial performances, and growth trajectories. However, it is crucial for investors to conduct thorough research, analyze key financial indicators, and consider factors such as market trends, consumer preferences, and competitive landscapes before making informed investment decisions in the FMCG sector.

Note: All the data for market capitalization, share prices, and financial metrics mentioned in this article is taken from NSEindia.com and is accurate as of the time of writing this article.

Disclaimer: The information provided in this article is for general informational purposes only and should not be construed as financial advice. Before making any investment decisions, it is essential to consult with a qualified financial advisor and thoroughly review the terms, conditions, and policies of the respective companies. The data and figures presented are subject to change and should be verified from official sources.

HUL Q4 Results: Net profit falls to Rs 2,406 crore, declares final dividend of Rs 24 per share

Markets Desk — Wed, 24 Apr 2024 11:43:56 +0000

Hindustan Unilever Ltd (HUL) posted a 6% decline in standalone net profit for the fourth quarter of FY24, reporting Rs 2,406 crore compared to Rs 2,552 crore in the year-ago period. Despite this, the company’s sales experienced a marginal increase, reaching Rs 14,693 crore during the same quarter. Notably, the beauty and personal care segment saw a 2.7% decline in revenue.

The FMCG major has announced a final dividend of Rs 24 per share for FY24 on equity shares with a face value of Re 1. This final dividend comes after an interim dividend of Rs 18 per share paid on November 16, 2023. The total dividend for FY24 now stands at Rs 42 per equity share, maintaining the company’s commitment to rewarding shareholders.

HUL Q1 Results: Net profit increases 8% to stand at Rs. 2,472 crore

Adesh Dixit — Thu, 20 Jul 2023 12:04:41 +0000

Hindustan Unilever Limited posted an 8% net profit of Rs 2,472 crore on Thursday. The FMCG giant registered Rs 2,289 crore in net profits a year ago.

The total sales have come up to Rs 14,931 crore, a growth of 7% seen during the quarter.

The firm’s standalone total income increased 6% to Rs 15,333 crore in Q1FY24 as against Rs 14,409 crore in Q1FY23.

Earnings before interest, tax, depreciation and amortization (EBIDTA) for the quarter stood at Rs 3,521 crore growing by 8.6 per cent. The EBITDA margins have improved by 40 bps YoY to 23.6 per cent.

The maker of multiple FMCG products said that the home care division grew with 10 percent revenue growth. Beauty and personal care declined 4.4 percent with broad-based performance across categories.

Food and refreshments grew 4.6percent led by foods, coffee and health food drinks (HFD).

Rohit Jawa, CEO and Managing Director, HUL said: ‘FMCG markets are recovering gradually although the operating environment remains challenging. In this context, we have delivered a resilient and competitive performance whilst stepping up our EBITDA margin.

“In the near-term, FMCG industry will continue to witness rebalancing of price-volume growth equation and a gradual recovery in consumer demand. In this environment we will continue to provide superior value to our consumers and invest behind our brands. We remain focused on driving our long-term strategic priorities including market development and building distinctive capabilities for the future. I am confident of the medium to long term prospects of the Indian FMCG sector” he added.

The shares of HUL, registered a 1.13 percent growth to Rs 2,702 per share on Thursday on the BSE.

HUL Chairman says company added nearly Rs. 33,000 crore as incremental turnover last decade

Adesh Dixit — Mon, 26 Jun 2023 15:27:54 +0000

Hindustan Unilever chairman Nitin Pranjpe while addressing the company’s 90th annual general meeting (AGM) said India appears to be a ‘silver lining’ amid global headwinds.

HUL has also added nearly Rs 33,000 crore as incremental turnover and over Rs 9,500 crore as incremental EBITDA said the company. Chairman Pranjpe while addressing investors said India has been the fastest-growing economy in the last decade and is on its way to becoming the third-largest economy surpassing Japan and Germany. “The country’s ambition of becoming high-middle income country by 2047, when the nation celebrates 100 years in independence is a definite possibility” quoted Pranjpe.

India is predicted to house one-fifth of the global workforce, making it a go-to destination for employers around the world. About 66 per cent of Indian population lies below the age bracket of 35 years, with 40 percent falling between 13 to 35. He also said “While the population of other developed countries is ageing rapidly, population here is expected to stay young for longer.”

On the subject of growth in Digital space, Pranjpe shared, it is already the world’s largest and fastest growing market of digital consumers with over 750 million internet users which is expected to boost upto 900 million by 2025.

Pranjpe in his concluding sentences said “This is India’s time. Armed with a growing young population, a focus on digital public infrastructure and large strides in the adoption of green energy, India stands at the focal point of growth globally. It is ,therefore, time for all of us to move forward alongside the nation together”.

HUL’s shares ended at Rs 2,652.10 on BSE on Monday.

HUL appoints Rohit Jawa as MD & CEO

Sakshi Vats — Fri, 10 Mar 2023 14:25:49 +0000

With effect from June 27, 2023, Unilever would assume the leadership position for a term of five consecutive years, the company stated in a statement.

The statement continued, “The appointment of Rohit Jawa as a full-time director and MD & CEO will be subject to approval of Shareholders and such legislative approvals as may be applicable.

Beginning on April 1, 2023, Jawa will become a full-time director on the HUL board.

He will take over as President of Unilever South Asia in addition to the Indian market.

Today, we announced that Rohit Jawa would take over as HUL CEO & MD w.e.f. June 27, 2023.

More in the press release: https://t.co/aNJJCDiU52 pic.twitter.com/sCNE0dyigY

— Hindustan Unilever (@HUL_News) March 10, 2023

Beginning on April 1, 2023, he will become a member of the Unilever Leadership Executive (ULE). Sanjiv Mehta will step down as CEO of HUL after ten years of revolutionary leadership. Jawa will become a full-time director on the HUL board.

He will take over as President of Unilever South Asia in addition to the Indian market.

Jawa has successfully managed Unilever’s once-in-a-decade, end-to-end transformation since January 2022 while serving as the company’s Head of Transformation in London.

He began working for HUL in 1988 as a management trainee and has a demonstrated history of delivering consistent business success throughout India, South East Asia, and North Asia.

He oversaw a significant transformation of Unilever China into a competitive, profitable, and consistent business, which is now Unilever’s third largest globally, according to a statement. He served as EVP for North Asia and chairman for Unilever China.

In addition, he guided the Unilever Philippines business to become one of the top 10 markets for the company globally.

Rohit is well-positioned to lead HUL into its next growth phase because to his aptitude for fusing the power of conventional markets with digital technology and future-proof business structures.

Nitin Pranjape, the chairman of HUL, commented on the news, saying,” I am delighted to welcome Rohit back to India. He has a deep understanding of the business landscape particularly in Asia and has led the transformation of Unilever businesses in China and in the Philippines. I am certain that with his astute business acumen, and growth mindset Jawa will take HUL to the next level of performance.”

Mehta, 62, took over as HUL’s MD and CEO in October 2013 and guided the company through a period of consistent development.

According to the corporation, during his ten years in charge, the company’s revenue surpassed Rs 50,000 crore and its market value climbed by more than four times, from $17 billion to $75 billion, solidifying HUL’s position as one of India’s most valuable companies.

In order to make the company more customer-centric, agile, and resilient, he introduced several transformative business programmes like “Winning in Many Indias” and “Dial Up the Big Q.” He has supported long-term value development based on expansion, high performance anatomy, and unique skills.

Mehta launched the “Reimagine HUL” agenda to reimagine how HUL interacts with customers, consumers, and the way the business runs in order to make the company more future-ready. Mehta did this by utilizing data, utilizing cutting-edge technologies, and designing business models.

Also, he played a key role in HUL’s strategic mergers and acquisitions, including the integration of GSK Consumer Healthcare into HUL, one of the largest mergers in the nation’s history of FMCG.

The company added that he actively promoted the diversity agenda, making HUL an even more inclusive organization.

Mehta, who is the president of the market cluster, has led the South Asian growth plan, according to Paranjpe, and has been a key member of the Unilever Leadership Executive.

The largest fast-moving consumer goods company in India is Hindustan Unilever Led (HUL), which generated revenue of Rs 51,193 crore for the fiscal year that ended on March 31, 2022. HUL owns power brands like Rin, Surf Excel, Dove, and others.

Mehta was also the leader of the business association FICCI.

In addition, the HUL board announced Ranjay Gulati’s appointment as an independent director of the business for a period of five straight years beginning on April 1, 2023.

According to a HUL statement, Gulati has a deep understanding of business strategy and is currently a professor at Harvard Business School.

Source: PTI

Stocks to watch: HUL, Bata, PVR, Sun Pharma, BHEL and more

Aryan Jakhar — Fri, 20 Jan 2023 02:31:34 +0000

Earning results on January 20 will be focused on Reliance Industries, HDFC Life Insurance Company, JSW Steel, LTIMindtree, Union Bank of India, Bandhan Bank, RBL Bank, Aether Industries, Atul, Coforge, DCM Shriram, Heritage Foods, Indian Energy Exchange, JSW Energy, NELCO, Petronet LNG, Ramkrishna Forgings, Shakti Pumps, and Tanla Platforms. Moneycontrol is a subsidiary of the Network18 company. Reliance Industries is the sole benefactor of Independent Media Trust, which owns Network18.

ICICI Bank, Kotak Mahindra Bank, SBI Life Insurance Company, UltraTech Cement, Yes Bank, IDFC First Bank, Dodla Dairy, Meghmani Organics, and Punjab & Sind Bank will report earnings on January 21.

Hindustan Unilever: The FMCG giant increased standalone profit by 11.7% year on year to Rs 2,505 crore for the quarter ended December FY23, underpinned by revenue from operations that increased by 16.3% to Rs 15,228 crore for the quarter, with domestic volume growth of 5% and higher other income. Profitability was hampered by an unusual loss of Rs 102 crore for the quarter, compared to Rs 66 crore in the previous year. Operating EBITDA climbed 7.9% to Rs 3,537 crore, while margin declined 180 basis points year on year to 23.2 percent in Q3FY23, owing to higher raw material costs. Royalty payments paid by the firm to Unilever Plc have been raised to 3.45% of revenue from 2.65%.

Bata India: Anil Somani has been chosen as the company’s new Chief Financial Officer. He has worked in finance, strategy, compliance, information management, and company development for over 25 years.

PVR: The multiplex chain operator recorded a consolidated profit of Rs 16.1 crore for the quarter ended December FY23, compared to a loss of Rs 10.2 crore in the same time the previous year. Consolidated revenue for the quarter climbed by 53% to Rs 941 crore, with the movie exhibition sector expanding 37% and others (including movie production and distribution) gaining 23.5% year on year. In Q3FY23, EBITDA increased by 75% to Rs 288.8 crore, while margin increased by approximately 4 percentage points to 30.7 percent year on year.

Sun Pharmaceutical Industries will pay $576 million, or $8 per share, to purchase Concert Pharmaceuticals. Concert investors will additionally get a non-tradeable contingent value right (CVR) entitling them to an extra $3.50 per share if deuruxolitinib meets specific net sales goals within certain time frames. Concert is a late-stage biotechnology business that is developing deuruxolitinib, an oral Janus kinase inhibitor of JAK1 and JAK2 for the treatment of alopecia areata, an inflammatory dermatological disorder.

Can Fin Homes: The firm recorded a 31% year-on-year increase in profit of Rs 151.5 crore for the fiscal year ended December FY23, aided by fewer provisions. Net interest income for the quarter increased by 22.23% year on year to Rs 251.71 crore. Asset quality improved in Q3FY23, with gross non-performing assets (NPA) declining by 2 basis points (bps) QoQ to 0.60% and net NPA falling by 5 bps to 0.30%.

Hindustan Zinc: The company’s consolidated profit fell 20.2% year on year to Rs 2,156 crore in the fiscal year ended December FY23, owing to reduced sales, operational income, and increased power and fuel costs. For the quarter, revenue dipped 1.6% year on year to Rs 7,866 crore. In comparison to the previous year, EBITDA plummeted 15.2% to Rs 3,707 crore, while margin fell 760 basis points to 47.1%. For FY23, the business would issue an interim dividend of Rs 13 per share and will acquire worldwide zinc assets from Vedanta by subscribing to THL Zinc shares for $2,981 million.

L&T Technology Services reported a 7.5% sequential increase in profit at Rs 303.6 crore for the December FY23 quarter, with sales up 2.7% to Rs 2,048.6 crore and revenue in dollar terms increasing 0.4% to $248 million. Operating EBIT increased 6.3% sequentially to Rs 382.9 crore, while margin increased 60 basis points to 18.7% for the quarter. Airbus also awarded the business a multi-year contract to provide advanced engineering skills and digital manufacturing services.

Tata Consultancy Services: Bombardier, a Canadian business jet manufacturer, has chosen TCS as its strategic IT partner to help speed its digital transformation and drive innovation.

Bharat Heavy Electricals (BHEL) has received a Rs 300 crore order for the rehabilitation and modernisation (R&M) of steam turbines at Gujarat’s Ukai thermal power facility.

AU Small Finance Bank: The small finance bank’s profit increased by 30% year on year to Rs 392.8 crore for the quarter ended December FY23, owing to higher net interest income and lesser provisions. Net interest income increased by 41% to Rs 1,153 crore for the quarter, but net interest margin fell by 10 basis points year on year to 6.2%. Asset quality improved throughout the quarter, with gross non-performing assets (NPA) as a percentage of gross loans decreasing 9 basis points (bps) QoQ to 1.81% and net NPA falling 5 basis points (bps) QoQ to 0.51%.

IIFL Wealth Management: 360 ONE WAM, formerly IIFL Wealth Management, has reported a 16% year-on-year increase in profit at Rs 180 crore for the quarter ended December FY23, owing to improved operating and top-line performance. Revenue for the quarter increased by 10% year on year to Rs 415 crore. The business declared an interim dividend of Rs 17 per share for FY23, divided each existing equity share with a face value of Rs 2 into two shares with a face value of Rs 1 each, and issued one bonus equity share for every one share retained.

KPI Green Energy: Under its CPP business vertical, the company has announced the commissioning of a 25 MWDC solar power plant for Greenlab Diamonds LLP, Surat. The company also named Salim Yahoo as Chief Financial Officer and announced the distribution of bonus equity shares to members in the ratio of one bonus equity share for every existing equity share.

IndiaMART InterMESH: The company’s profit increased by 61% year on year to Rs 113 crore for the quarter ended December FY23, underpinned by other income that increased by 367% to Rs 102 crore. Revenue from operations increased by 34% year on year to Rs 251 crore, owing to a 24% increase in the number of paying subscription providers and a Rs 10 crore increase in revenue from accounting software services. However, EBITDA fell 11% to Rs 70 crore and margin fell 14 percentage points to 28% in the quarter compared to the previous year.

Jubilant FoodWorks: The master franchise Domino’s Pizza operator aims to build 3,000 Domino’s locations in the next 12-18 months, as well as 40-50 Popeyes India outlets. The capex plan calls for Rs 900 crore to be funded solely through internal accruals over a 12- to 18-month timeframe.

Stock to Watch: Adani Ent, IndusInd Bank, Coal India, HUL, Asian Paints and more

Aryan Jakhar — Thu, 19 Jan 2023 03:12:34 +0000

Asia-Pacific stocks were largely down on Thursday, mirroring overnight losses on Wall Street. The Nikkei 225 in Japan fell 1.06 percent, the Kospi in South Korea rose 0.21 percent, and the S&P/ASX 200 in Australia fell 0.11 percent. The Hang Seng index in Hong Kong plummeted 0.72 percent, while the Shanghai Composite in Mainland China dipped 0.26 percent.

At 7:15 a.m., the SGX Nifty was down 83 points at 18,139.

Major US market indices fell overnight, with the S&P 500 having its worst day in more than a month. The Dow fell 1.81 percent, the S&P 500 fell 1.56%, and the Nasdaq Composite fell 1.24 percent, halting a seven-day winning run.

Here is a selection of equities to watch on Thursday, January 19:

Earnings today: Automobile Corporation of Goa, Anant Raj, Asian Paints, AU Small Finance Bank, CanFin Homes, Datamatics, Gujarat Credit Corporation, Happiest Minds Technologies, Hatsun Agro Product, Havells India, Hindustan Unilever, Hindustan Zinc, IIFL Wealth Management, India. MART InterMESH, ICICI Securities, Kuantum Papers, Martin Burn, Menon Bearings, Meghmani Finechem, Mahalaxmi Rub

Adani Enterprises: For its Rs 20,000-crore follow-on public offering, Adani Enterprises (AEL) has established a price band of Rs 3,112 and Rs 3,276 per share (FPO). The company’s shares recently closed at Rs 3,595 on the BSE.

The floor price is set at a 13.4% reduction to the previous closing, while the top end is close to 9% lower. AEL is offering an additional discount of Rs 64 to retail investors.

IndusInd Bank: IndusInd Bank reported a 58% year-on-year (YoY) increase in consolidated net profit to Rs 1963.64 crore in October–December on the strength of a robust rise in net interest income. A significant decrease in provisions for problematic loans increased the bank’s bottom line in Q3 FY23.

Vedanta: Metals and mining conglomerate Vedanta will pay Rs 1,440 crore for debt-ridden power unit Meenakshi Energy, the firm said in a stock market statement on Wednesday.

Mahindra Lifespace: The Mahindra Group’s real estate and infrastructure development business has been chosen as the preferred partner to renovate two neighbouring residential societies in Santacruz West. The project has a revenue potential of roughly Rs 500 crore for Mahindra Lifespaces.

Coal India: The government announced on Wednesday that it has set a coal output target of more than one billion metric tonnes (BT) for the next fiscal year. State-owned CIL has been tasked with producing 780 metric tonnes of coal, followed by Singareni Collieries Company Ltd. (SCCL) at 75 MT and captive and commercial mines at 162 MT.

Rallis India, a Tata Group company, reported a 43% drop in net profit for the December quarter (Q3FY23) to Rs 22.55 crore, compared to Rs 39.55 crore in Q3FY22. Revenue from operations grew to Rs 630.39 crore, up from Rs 628.08 crore the previous year.

Oracle Financial Services Software: Revenue for the information technology firm climbed to Rs 1,490.1 crore in Q3FY23 from Rs 1,301.9 crore in Q3FY22. It increased sequentially from Rs 1,421.6 crore to Rs 1,421.6 crore.Furthermore, its net profit was Rs 437.3 crore, up from Rs 435.3 crore year over year and Rs 397.7 crore quarter over quarter.

Persistent Systems: Revenues increased by 6% year on year to Rs 2,169.37 crore, matching street expectations. Earnings before interest and taxes (Ebit) increased 11.57 percent to Rs 333.21 crore, while the margin increased to 15.36 percent. Net profit increased 8.15 percent year on year to Rs 237.95 crore (against a Bloomberg forecast of Rs 239.87 crore). The board of directors approved a Rs 28 interim dividend per share.

Vivanta Industries: The Board of Directors has approved dividing one equity share of the firm into ten equity shares. The record date for the equity share subdivision will be determined in due course. Separately, the company has received orders worth Rs 52 crore.

Gulshan Polyols: Gulshan Polyols’ Board of Directors has authorised a proposal to acquire up to 40% of the equity share capital of JGN Sugar and Biofuels Private Limited.

Welspun Enterprises: The Board of Directors has approved the voluntary liquidation of the company’s wholly owned subsidiary, Welspun Natural Resources Private Limited (WNRPL).

SBI: The State Bank of India (SBI), the country’s largest lender, collected Rs 9,718 crore on Wednesday through the offering of 15-year infrastructure debt with a yield of 7.70%.

DCM Shriram: The business has notified the exchanges that the distillation capacity at DCM SHRIRAM, Sugar Unit: Ajbapur, has been increased from 200 KLD to 320 KLD.

Aurobindo Pharma: From January 9 to 18, 2023, the US Food and Drug Administration (US FDA) visited the company’s wholly owned subsidiary, APL Health Care Limited’s Units I and III, and the Derma Manufacturing plant in Jadcherla, Telangana. It received a “Form 483” with two observations at the end of the inspection.

KDDL: The Board of Directors has authorised a share repurchase at a maximum price of Rs 1,200 per share for a total of Rs 21 crore. This will be accomplished through the open market.

Stocks to watch: Bajaj Finance, M&M Financial Services, Adani Ports, HPCL and more

Aryan Jakhar — Thu, 05 Jan 2023 02:55:55 +0000

Early on Thursday, SGX Nifty futures were up 51 points at 18,162 levels, following gains in Asian rivals. The majority of A-Pac markets increased today as investors discounted the US Federal Reserve’s pledge to raise interest rates in order to combat inflation.

The Nikkei 225 in Japan increased by 0.35 percent, the S&P/ASX 200 in Australia up by 0.42 percent, and the Kospi in South Korea increased by 0.71 percent.

The Dow Jones Industrial Average gained 0.4% throughout the course of the night, while the S&P 500 gained 0.75 percent and the Nasdaq Composite gained 0.69 percent.

Here’s a list of stocks in focus for Thursday, January 5:

M&M Financial Services: Mahindra & Mahindra Financial Services Limited is no longer subject to Reserve Bank of India (RBI) regulations that prevented it from engaging in outsourcing-related recovery or repossession activities.

Separately, on Friday, February 3, 2023, the Board of Directors will meet to discuss and approve the Company’s unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2022.

IndiGo and SpiceJet: According to reports, the price of Aviation Turbine Furel (ATF) in Delhi was reduced on Thursday morning by about 8% to Rs 1,08 Lk/kL from Rs 1.17 Lk/kL.

Indus Towers: On Wednesday, the telecom infrastructure provider announced the appointment of Prachur Sah as managing director and CEO of the business, effective January 3, 2023. Since Bimal Dayal’s resignation in July, the job has been vacant.

Bajaj Finance: In a Q3 business update, Bajaj Finance said that new loans booked during Q3FY23 were at an all-time high of 7.8 million, up from 7.4 million in Q3FY22. AUM increased from Rs 1.81 trillion at the end of Q3FY22 to about Rs 2.31 trillion at the end of Q3—a 27 percent increase. AUM increased by around Rs 12,500 crore in Q3FY23.

The company’s customer franchise increased by the most ever quarters, by 3.1 million, in Q3FY23.

Marico: The company reported in a business update that during the December quarter, the sector saw modest recovery in demand, which was especially apparent in certain categories spurred by the holiday spirit and impending winter season. The India company posted a mid-single-digit volume growth, which was a little improvement over the prior quarter.

Oil Marketing Companies: After the US Federal Reserve’s most recent policy meeting minutes excluded interest rate reductions in 2023, Brent crude prices fell more than 5% overnight to $78 per barrel.

Analysts said that the third quarter of 2022–23 (FY23), which covers October–December, is projected to show a decrease in operating losses for Indian OMCs following two quarters of tight profit-margin contraction due to global volatility.

Adani Ports and SEZ: APSEZ carried close to 25.1 million metric tonnes (MMT) of total cargo in December 2022, indicating an increase of 8% in container volumes.

Likhitha Infrastructure: During the three-month period from October 2022 to December 2022, the company got orders totaling Rs. 457.39 crore (excluding of GST) from various oil and/or gas distribution companies.

Srei Infrastructure Finance: In the auction for Srei Infrastructure Finance and Srei Equipment Finance, National Asset Reconstruction Company (NARCL) has emerged as the top bidder. According to banking sources, NARCL’s bid was the highest with a net present value (NPV) of Rs 5,555 crore.

RBL Bank: During the December quarter (Q3FY23), the lender’s gross advances increased 14% year over year (YoY) to Rs 68,371 crore, while deposits increased 11% YoY to Rs 81,746 crore. Deposits at CASA increased by 18% year over year, and the ratio improved by 220 basis points.

SJVN: The Cabinet Committee on Economic Affairs has authorised a $2,614 million investment in Himachal Pradesh’s 382 Mega Watt Sunni Dam Hydroelectric Project. Within 63 months of the start of development, the project is expected to be completed and will produce 1,382 million units yearly.

KIMS: The Board of Directors has given the go-ahead for KIMS to issue Non-Convertible Debentures (NCDs) totaling Rs 300 crore in one or more tranches over the course of time in order to raise money.

IRB Infrastructure Developers: The Board of Directors has approved splitting the company’s current equity shares from one to ten.

Nalco: To discuss the interim dividend, if any, for the fiscal year 2022–2023, the Board of Directors will meet on Tuesday, January 17, 2023. (FY23).

HPCL: Hindustan Petroleum Corporation Ltd. has entered the petrochemical industry by launching the pre-marketing of polymers under the “HP DURAPOL” brand. This is a step before the petrochemical products of HPCL Rajasthan Refinery Limited (HRRL) are marketed.

Separately, HPCL and NTPC Green Energy Ltd have signed a Memorandum of Understanding that outlines their intentions to work together and share resources in the areas of renewable energy (RE), energy storage projects, RTC power, electric mobility, the solar wind value chain, and meeting HPCL’s green power needs.

HUL: Hindustan Unilever Limited has finalised the purchase of 19.8% of Nutritionalab’s shares for a value of Rs 70 crore.

Stocks to watch: RIL, HUL, ICICI Bank, RBL Bank, IGL, Spice Jet and more

Aryan Jakhar — Tue, 25 Oct 2022 03:11:02 +0000

The Singapore Exchange’s Nifty futures traded 25 points, or 0.14 percent, lower at 17,819, indicating that Dalal Street will have a bad start to the day on Tuesday.

Reliance Industries: The conglomerate’s performance was affected by windfall profit tax and reduced refining margins, which resulted in a flat net profit of Rs 13,656 crore in Q2FY23 compared to Rs 13,680 crore in the same quarter last year. Net profit decreased sequentially by 24% from Rs 17,955 crore. In the meantime, revenue rose 32.4% YoY to Rs 253,497 crore.

HUL: Despite ongoing weakness in rural markets, the FMCG giant increased net profit by 22.2% YoY to Rs 2,665 crore in Q2FY23, beating street predictions. Additionally, revenue climbed 16.1% YoY to Rs 15,144.0 crore from Rs 13,046.0 crore in Q2FY22. The management claimed that the company’s volumes increased by 4% despite a 3% decline in market growth.

ICICI Bank: With the help of fewer provisions and higher net interest income, the private sector lender’s Q2FY23 net profit increased by 37% YoY to Rs 7,558 crore. The lender’s NII increased 26% YoY to Rs 14,787 crore in Q2FY23 from Rs 11,690 crore in the comparable quarter.

Kotak Mahindra Bank: In Q2FY23, the lender’s consolidated net profit increased by 20.7% to Rs 3,608.18 crore from Rs 2,988.74 crore in the same quarter the previous year. In the meantime, NII increased by 26.8% YoY to Rs 5,099 crore during this time, and the net interest margin, a gauge of banks’ profitability, was 5.17 percent.

Indraprastha Gas: The retailer of CNG gas recorded a 4% YoY increase in net profit to Rs. 416.15 crore in Q2FY23 from Rs. 400.54 crore in the corresponding quarter the previous year. In comparison to Q2FY22, revenue nearly doubled to Rs 3,922.02 crore.

RBL Bank: The lender’s standalone net profit increased by 554% YoY to Rs 201.55 crore in Q2FY23, thanks to a steep drop in bad loan provisioning and a solid rise in net interest income. Meanwhile, RBL Bank’s net interest income increased by 16% year over year to Rs 1,064 crore.

Pharma stocks: The USFDA reports that major pharmaceutical companies like Dr. Reddy’s, Cipla, and Aurobindo Pharma have recalled several goods from the US market due to a variety of problems. Cipla has recalled 9,041 cartons of Arformoterol Tartrate Inhalation Solution, while Dr. Reddy’s has recalled 2,838 ampules of Phytonadione Injectable Emulsion.

SpiceJet: As of October 30, the three-month-long restrictions on the winter schedule will be eased, allowing the airline operator to fly more than 50% of its flights. The DCGA claims that the 50% cap on the number of flights coincided with the summer timetable, which ends on October 29.

Vodafone Idea: The telecom operator’s request to purchase Rs 1,600 crore in optionally convertible debentures (OCDs) from American Tower Corporation and utilise the revenues to settle the tower company’s debt was approved by the board.

Borosil Renewables: Borosil Renewables, a producer of solar glass, has paid an undisclosed fee for an 86 percent ownership in Interfloat Group, the largest producer of solar glass in Europe. According to the company, this acquisition will increase production of solar glass from the existing 450 tonnes per day to 750 tonnes per day.

Best Agrolife: The company’s consolidated net profit increased by more than five times, to Rs 129.81 crore for Q2FY23 from Rs 25.18 crore in the same quarter last year. The most recent quarter’s total revenue also more than doubled to Rs 701.17 crore.

Hindustan Unilever reports net profit of Rs 2,327 crore in Q4

Keertiman Upadhyay — Wed, 27 Apr 2022 12:34:22 +0000

On Wednesday, April 27, Hindustan Unilever Ltd (HUL) reported its financial results for the fourth quarter ended on March 2022. The standalone net profit was recorded at Rs 2,327 crore in Q4, it was Rs 2,143 crore in the same quarter the previous year.

The revenue from operations rose 11% YoY at Rs 13,462 crore in Q4. The revenue for the full year i.e. from April 2021 to March 2022 surged by 11.3% to Rs 51,193 crore. HUL’s annual profit has surged 10.9% to Rs 8,818 crore from Rs 7,954 crore in the previous year.

“In challenging circumstances, we have grown competitively and protected our business model by maintaining margins in a healthy range. I am also pleased that we have become a Rs 50,000 crore turnover company in this fiscal,” said HUL MD & CEO, Sanjiv Mehta.

HUL had proposed a final dividend of Rs 19/share for the year ended on March 2022. Today, HUL stock was trading 3.25% lower at Rs 2,145.1/share on the National Stock Exchange (NSE).

HUL reports net profit of ₹2,243 crore in Q3

Sathvika Chelakani — Thu, 20 Jan 2022 13:06:32 +0000

Hindustan Unilever Ltd (HUL) reported a 16.8% YoY rise in standalone net profit at ₹2,243 crore in Q3 from ₹1,921 crore as India’s largest consumer goods maker gained market share in both urban and rural areas amid COVID-19 pandemic.

The company’s revenue from operations rose 10.2% to ₹13,183 crore against to ₹11,959 crore in the corresponding quarter of last fiscal year, it said in a regulatory filing. The EBITDA margin has improved 100 bps to 25.4% YoY.

“In the near-term, operating environment will continue to remain challenging,” HUL stated midst handling the COVID-19 pandemic situation. The FMCG major’s sales inclined by 10% to ₹12,900 crore from ₹11,682 crore in the previous year. Hindustan Unilever has recorded 11% growth in domestic consumer growth.

Business fundamentals continued to stay strong with decent market share returns in all our holdings, both urban and rural markets and across price segments. Underlying volume advancement at 2% was significantly ahead of the market, HUL said in a filing.

Home Care growth stood at 23%- strong performance was in Fabric Wash and Household Care. Beauty & Personal Care rose 7% led by Skin Care, Skin Cleansing, and Color Cosmetics. Skin Cleansing showed double-digit growth driven by good performance in Lux, Dove and Pears. Foods improved on a solid base led by Jams and Ketchup. Kissan Peanut Butter’ and Hellman’s Mayonnaise innovations maintain progress. Bru launched a new product ‘Bru Beaten Coffee.’

HUL & Colgate-Palmolive yet to respond on margins with B2B entities: AICPDF

News Desk — Wed, 29 Dec 2021 06:39:35 +0000

The distribution federation body All India Consumer Products Distributors Federation (AICPDF) has said that consumer and personal care behemoth Hindustan Unilever Limited and Colgate-Palmolive are yet to respond on margins given to its distributors with business-to-business entities.

Around 25 FMCG companies have so far responded to the trade body’s demand to offer equal margins to them and B2B platforms said Federation’s President Dhairyashil Patil. He further added Hindustan Unilever Limited and Colgate-Palmolive are two companies that haven’t reached out to us for further discussions.

The trade body said they are not satisfied with the company’s answers. Distributors have been at war with FMCG companies since the start of December this year over the margins offered to wholesale platforms such as Udaan, Walmart’s Best Price and Metro Cash & Carry.

According to the federation, it represents about 4 lakh distributors and stockists across the country, the FMCG companies gave better discounts and margins to these emerging platforms which in turn eat into their business. The margins were initially good but since the pandemic has started, these companies have depended more on these platforms.

The distribution federation also said that if the FMCG companies had to stop launching new products and stocking goods that are sold to the new platforms at higher margins if they don’t comply with their conditions and demands.

Hindustan Unilever announces results for Q2FY22, net profit up by 10.69% and revenue rise by 11.31%

Cheryll Jain — Tue, 19 Oct 2021 11:19:52 +0000

Fast Moving Consumer Goods giant Hindustan Unilever announced its performance metrics for the July-September quarter on Tuesday, October 19. The company’s net profit saw a year-on-year increase of 10. 69 per cent in Q2FY22, standing at Rs. 2,185 crores in the quarter ending September 30.

In the corresponding quarter last year, the company had posted a net profit of Rs.1,974 crores. Meanwhile, on a quarter-on-quarter (QoQ) basis, the figure rose by 6.11 per cent to over Rs 2,061 crore.

In a regulatory filing to the exchanges, the company reported that its revenue from operations stood at Rs. 12,812 crores in the Q2FY22, up 11.31 per cent from the previous corresponding quarter which recorded total revenue of Rs. 11,510 crores.

The company declared that all three of its business divisions grew in the quarter under review with more than three-fourths of the business expanding market share and penetration.

Hindustan Unilever’s home care business gained 15 per cent, while the beauty and personal care segment grew 10 per cent year-on-year. Its food & refreshment division also grew by 7 per cent in Q2FY22. The growth of all three sectors matched the projections made by analysts for the second quarter of the current financial year.

The earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter under review was reported to be Rs 3,132 crore as compared to Rs 2,869 crore recorded in the same period last year. Meanwhile, the EBITDA margin declined 40 basis points YoY to 25 per cent.

Sanjiv Mehta, Chairman and Managing Director at HUL said in the regulatory filing that the September quarter observed a persistent improvement in trading conditions, despite being a challenging quarter due to “unprecedented levels of input cost inflation and subdued consumer sentiments.”

Keeping in mind the market conditions, the company has reported a “strong performance growing topline in double digits and stepping up profitability sequentially,” he stated.

Pizza Hut joins hands with HUL to include Kwality Wall ice-cream in menu

Shivya Kumar — Thu, 19 Aug 2021 05:47:03 +0000

According to reports, Pizza Hut has joined hands with HUL to include Kwality walls ice cream in their menu. On Wednesday Pizza Hut declared, this news confirming their collaboration. The motive behind this brand strategy includes their 10 per cent sales led by the deserts included by Kwality walls. The statement issued by Pizza Hut also declared that it is the first QSR chain to provide icecreams and desserts to its consumers among its opponents.

Commenting on the development, Pizza Hut India Chief Marketing Officer Neha said: “We are extremely happy to join hands with a like-minded partner like Hindustan Unilever and look forward to treating consumers to an easy, new experience of pizzas and desserts in the comfort of their homes.”

The Anglo-Dutch major Unilever, which is the parent company of HUL and Pizza Hut are said to have a global partnership for about 25 international markets.

Pizza Hut is said to have 500 restaurants around India that are very popular among the citizens. This pizza chain is a US-based quick service restaurant (QSR) chain Yum Brands Inc.

Top 10 companies in India by market capitalization [2021]

Adarsh Chaturvedi — Wed, 30 Jun 2021 16:25:56 +0000

Market Capitalization is the aggregate valuation of the company based on its current share price and the total number of outstanding stocks. It is calculated by Market capitalization = (Current market price of 1 share)*(total number of outstanding shares). It helps to classify the companies into different types like large-cap, mid-cap, small-cap companies. The companies with a market cap of Rs 28,500 crores or more are large-cap stocks. Now we will share with you the top 10 companies based on their market cap in 2021 in India.

1. Reliance Industries limited

This company is an Indian multinational industry headquartered in Mumbai, headed by Mukesh Ambani. The company was co-founded by Dhirubhai Ambani and Champaklal Damani in the 1960s as Reliance Commercial Corporation. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. It is one of the most profitable companies in India. the market capitalization of this company is Rs 14,20,338 crores with a current price of Rs 2,100.45.

2. Tata Consultancy Services (TCS)

This company is an Indian multinational information technology (IT) services and consulting company headquartered in Mumbai, Maharashtra, India. It is the second-largest Indian company by market capitalization. TCS is now the most valuable IT services brands worldwide. Tata Consultancy Services’ market capitalization is Rs 11,66,503 crores with a current price of Rs 3,108.70.

3. HDFC Bank Limited

This company is an Indian banking and financial services company that was incorporated in 1994, with its registered office in Mumbai, India. In March 2020, this company had a base of 1,16,971 permanent employees with 5,130 branches across 2,764 cities. HDFC is India’s largest private sector lender by assets and market capitalization. It is has a market capitalization of Rs 8,33,676 crores with a current price of Rs 1,512.80.

4. Infosys

This is an Indian multinational corporation that provides business consulting information technology and outsourcing services. The company is India’s second-largest IT company after TCS with its headquarters in Banglore, Karnataka, India. The market capitalization of this company is Rs 5,89,781 crores with a current price of Rs 1,384.25.

5. Hindustan Unilever (HUL)

It is a British-Dutch manufacturing company headquartered in Mumbai, India. Its products include foods, beverages, cleaning agents, personal care products, water purifiers, and consumer goods. In 2020, This company had 35 product bands in 20 categories with 18,000 employees and sales of Rs 39,783 crores in 2019-20. The market capitalization of the company is Rs 5,27,195 crores with a current price of Rs 2,243.80.

6. Housing Development Finance Corporation (HDFC)

It is a financial services company founded in 1977 as the first specialized mortgage company in India based in Mumbai. It is the major provider of finance for housing in India. HDFC is also engaged in banking, life and general insurance, asset management, venture capital, reality, education, deposits, and education loans. The market capitalization of this company is Rs 4,52,818 crores with a current price of Rs 2,510.75.

7. ICICI Bank

This company is an Indian multinational and financial services company headquartered in Mumbai and its registered office in Vadodara, Gujarat. This bank offers a wide range of banking products and financial services in the areas of investment banking, life, non-life insurance, venture capital, and asset management. The market capitalization is Rs 4,11,369 crores with a current price of Rs 594.90.

8. Kotak Mahindra

This company is an Indian private sector bank headquartered in Mumbai, India. Kotak Mahindra offers products and financial services in the areas of personal finance, investment banking, general insurance, life insurance, and wealth management. It has a market capitalization of Rs 3,77,261 crores with a current price of Rs 1,903.80.

9. State Bank of India (SBI)

This company is an Indian multinational public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. It has 22,141 branches and 58,555 ATMs as of 2020. The market capitalization of this company is Rs 3,37,451 crores with the latest share price of Rs 378.45.

10. Bajaj Finance

It is an Indian non-financial company (NBFC). This company deals in consumer finance, small and medium-sized enterprises (SME) and commercial lending, and wealth management. It is headquartered in Pune. Bajaj Finance Limited has 294 consumer branches and 497 rural locations with over 33,000+ distribution points. The market capitalization of this company is Rs 3,29,434 crores with a current price of Rs 5,467.00.

Hindustan Unilever Home Care business revenue falls 1.6%

Shravan Kanade — Tue, 20 Oct 2020 10:21:32 +0000

Hindustan Unilever reports a net profit of Rs 2,009 crore for the second quarter of FY 2021 ended on September 30. Q2 EBITDA comes in at Rs 2,869 crore net profit rises 8.7% on a year-on-year basis, revenue up 16.1% YoY while Home care business revenue falls 1.6% YoY but EBIT & margin rises 1% YoY. Q2 foods & refreshment segment see a stellar rise on all fronts with EBIT rising 90% on a yearly basis, revenue up 83%.

The Managing Director and Chairman, Sanjiv Mehta said that the company has recovered from the COVID-19 effect and now they are working at the same pace that they were working in the pre-COVID period. “The operations and service levels are now back to pre-COVID levels and we have accelerated the pace of digitizing operations under the ‘Re-imagine HUL’ agenda,” he said.

Mr. Mehta believes that the worst period has passed and the demand will increase in the upcoming time “Rural markets have been resilient but the demand in urban India, especially in metropolitan cities, has been muted. We believe that the worst is behind us and we are cautiously optimistic on-demand recovery,” he said.

“Strong savings funnel, judicious, and calibrated pricing in Tea, synergies in nutrition have enabled to successfully manage headwinds of commodity inflation and adverse mix. We have significantly increased investments behind brands and spends continues to be competitive,” HUL said.

Bombay High Court restrains Emami on brand plans

Pravin Suryawanshi — Wed, 19 Aug 2020 06:04:11 +0000

On Monday, the Bombay high court temporarily barred consumer goods manufacturer Emami Ltd from using the ‘Glow and Beautiful’ logo in its grooming, skincare and cosmetic products, in a relief to Hindustan
Unilever Ltd (HUL), India’s largest packaged goods firm.

After HUL agreed to rename its iconic beauty cream “Fair & Lovely” to “Glow & Lovely” for women and
“Glow & Handsome” for men in June, Emami, who already markets the “Fair & Handsome” cream for men,
agreed to contest the change, saying it was in the midst of “Emami Glow & Handsome” launch.

The court, however, acknowledged that HUL was a prior adopter of the “Glow & Handsome” brand name.

“So far as this court is concerned, it is sufficient to note at this early prima facie stage that the plaintiff (HUL) is a prior adopter and user of the mark “Glow & Handsome”; it has already launched its goods in the market with that trademark; and so far as the defendant (Emami) is concerned, it is admittedly at the stage of adopting “a process of launching” its goods under the trademark “Glow & Handsome”, Justice S.C. Gupte said in an order passed on Monday.

“Whilst the parties may be given some time to complete their respective pleadings, it would be in the interest of justice to then take up the matter on an expeditious basis for the hearing of the interim application. Till that happens, the defendant, who has not yet brought its own goods into the market under its proposed trademark “Glow & Handsome”, deserves to be restrained from doing so,” the order said.

The matter is posted for further hearing after two weeks.