Financials Hindustan Unilever Limited

Equities

HINDUNILVR

INE030A01027

Personal Products

Market Closed - Bombay S.E. 06:28:52 2024-04-26 am EDT 5-day change 1st Jan Change
2,222 INR -0.43% Intraday chart for Hindustan Unilever Limited -0.48% -16.59%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,696,882 4,975,137 5,711,329 4,813,960 6,012,017 5,219,617 - -
Enterprise Value (EV) 1 3,660,002 4,924,967 5,668,119 4,777,780 5,967,797 5,271,040 5,091,637 5,081,118
P/E ratio 61.3 x 73.8 x 71.8 x 54.6 x 60.3 x 52.7 x 47.9 x 42.9 x
Yield 1.29% 1.09% 1.67% 1.66% 1.52% 1.85% 2.01% 2.2%
Capitalization / Revenue 9.67 x 12.8 x 12.4 x 9.4 x 10.2 x 8.81 x 8.14 x 7.45 x
EV / Revenue 9.58 x 12.7 x 12.3 x 9.33 x 10.1 x 8.72 x 7.94 x 7.25 x
EV / EBITDA 42.4 x 51.3 x 50.1 x 38.2 x 43.8 x 37.1 x 33.6 x 30.1 x
EV / FCF 73.1 x 74.7 x 113 x 58.3 x 68.6 x 38.8 x 45.8 x 41.4 x
FCF Yield 1.37% 1.34% 0.88% 1.71% 1.46% 2.58% 2.19% 2.42%
Price to Book 48.3 x 61.8 x 12 x 9.87 x 12 x 10.5 x 10.2 x 10 x
Nbr of stocks (in thousands) 2,164,704 2,164,844 2,349,568 2,349,591 2,349,591 2,349,591 - -
Reference price 2 1,708 2,298 2,431 2,049 2,559 2,222 2,222 2,222
Announcement Date 5/3/19 4/30/20 4/29/21 4/27/22 4/27/23 4/24/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 382,240 387,850 459,960 511,930 591,440 604,690 641,094 700,953
EBITDA 1 86,370 96,000 113,240 125,030 136,320 141,900 151,662 168,623
EBIT 1 81,130 86,620 103,120 114,780 126,020 130,930 140,805 156,524
Operating Margin 21.22% 22.33% 22.42% 22.42% 21.31% 21.65% 21.96% 22.33%
Earnings before Tax (EBT) 1 85,220 90,920 104,900 117,390 130,790 136,750 147,269 163,604
Net income 1 60,360 67,380 79,540 88,180 99,620 101,140 108,982 121,581
Net margin 15.79% 17.37% 17.29% 17.23% 16.84% 16.73% 17% 17.35%
EPS 2 27.88 31.12 33.85 37.53 42.40 43.05 46.41 51.81
Free Cash Flow 1 50,040 65,920 50,030 81,910 87,050 135,860 111,275 122,786
FCF margin 13.09% 17% 10.88% 16% 14.72% 22.47% 17.36% 17.52%
FCF Conversion (EBITDA) 57.94% 68.67% 44.18% 65.51% 63.86% 95.74% 73.37% 72.82%
FCF Conversion (Net income) 82.9% 97.83% 62.9% 92.89% 87.38% 134.33% 102.1% 100.99%
Dividend per Share 2 22.00 25.00 40.50 34.00 39.00 42.00 44.57 48.96
Announcement Date 5/3/19 4/30/20 4/29/21 4/27/22 4/27/23 4/24/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1
Net sales 1 118,620 121,320 119,150 127,240 130,920 134,620 142,720 147,510 152,280 148,930 151,480 154,208 304,240 154,880 149,520 -
EBITDA 1 28,540 29,570 28,470 31,320 32,790 32,450 32,470 33,770 35,370 34,710 35,210 36,024 - 37,155 34,383 -
EBIT 1 25,820 27,080 26,030 28,670 30,240 29,840 29,870 31,290 32,770 32,090 32,640 33,708 - 35,205 33,681 -
Operating Margin 21.77% 22.32% 21.85% 22.53% 23.1% 22.17% 20.93% 21.21% 21.52% 21.55% 21.55% 21.86% - 22.73% 22.53% -
Earnings before Tax (EBT) 1 25,960 28,220 26,330 29,540 30,240 31,280 30,860 31,910 33,770 34,250 33,650 35,040 - 36,225 32,517 -
Net income 1 19,210 21,430 20,610 21,870 22,430 23,270 22,890 26,160 25,050 25,520 24,720 25,903 - 27,028 25,492 -
Net margin 16.19% 17.66% 17.3% 17.19% 17.13% 17.29% 16.04% 17.73% 16.45% 17.14% 16.32% 16.8% - 17.45% 17.05% -
EPS 2 8.180 9.120 8.770 9.310 9.550 9.900 9.740 11.13 10.67 10.86 10.52 11.27 - 11.03 11.09 -
Dividend per Share 2 - 26.50 - 15.00 - 19.00 - - - - - - - - 37.06 -
Announcement Date 1/27/21 4/29/21 7/22/21 10/19/21 1/20/22 4/27/22 7/19/22 10/21/22 1/19/23 4/27/23 7/20/23 - 10/19/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 36,880 50,170 43,210 36,180 44,220 58,420 127,980 138,499
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 50,040 65,920 50,030 81,910 87,050 135,860 111,275 122,786
ROE (net income / shareholders' equity) 84.1% 87.8% 29.3% 18.4% 20.1% 20% 21.4% 23.6%
ROA (Net income/ Total Assets) 35.4% 36.7% 18.5% 12.8% 14.1% 13.6% 14.1% 15.3%
Assets 1 170,528 183,362 429,301 687,279 707,810 744,503 772,925 797,251
Book Value Per Share 2 35.40 37.20 202.0 207.0 214.0 217.0 218.0 222.0
Cash Flow per Share 2 26.50 33.70 38.10 38.10 41.00 63.40 50.70 55.30
Capex 1 7,240 7,130 39,540 7,730 9,210 12,980 11,096 11,869
Capex / Sales 1.89% 1.84% 8.6% 1.51% 1.56% 2.15% 1.73% 1.69%
Announcement Date 5/3/19 4/30/20 4/29/21 4/27/22 4/27/23 4/24/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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