Financials Hindustan Unilever Limited

Equities

HINDUNILVR

INE030A01027

Personal Products

Market Closed - Bombay S.E. 03:30:51 13/06/2024 pm IST 5-day change 1st Jan Change
2,488 INR -1.64% Intraday chart for Hindustan Unilever Limited -2.44% -6.60%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 49,75,137 57,11,329 48,13,960 60,12,017 53,29,460 59,42,116 - -
Enterprise Value (EV) 1 49,24,967 56,68,119 47,77,780 59,67,797 52,71,040 58,32,707 58,12,176 57,89,937
P/E ratio 73.8 x 71.8 x 54.6 x 60.3 x 52.7 x 54.4 x 48.9 x 44.2 x
Yield 1.09% 1.67% 1.66% 1.52% 1.85% 1.75% 1.92% 2.12%
Capitalization / Revenue 12.8 x 12.4 x 9.4 x 10.2 x 8.81 x 9.29 x 8.49 x 7.94 x
EV / Revenue 12.7 x 12.3 x 9.33 x 10.1 x 8.72 x 9.12 x 8.31 x 7.74 x
EV / EBITDA 51.3 x 50.1 x 38.2 x 43.8 x 37.1 x 38.4 x 34.5 x 31.6 x
EV / FCF 74.7 x 113 x 58.3 x 68.6 x 38.8 x 53.9 x 47.3 x 43.8 x
FCF Yield 1.34% 0.88% 1.71% 1.46% 2.58% 1.86% 2.11% 2.28%
Price to Book 61.8 x 12 x 9.87 x 12 x 10.5 x 11.5 x 11.3 x 11.1 x
Nbr of stocks (in thousands) 21,64,844 23,49,568 23,49,591 23,49,591 23,49,591 23,49,591 - -
Reference price 2 2,298 2,431 2,049 2,559 2,268 2,529 2,529 2,529
Announcement Date 30/04/20 29/04/21 27/04/22 27/04/23 24/04/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 3,87,850 4,59,960 5,11,930 5,91,440 6,04,690 6,39,421 6,99,597 7,47,995
EBITDA 1 96,000 1,13,240 1,25,030 1,36,320 1,41,900 1,51,779 1,68,527 1,83,167
EBIT 1 86,620 1,03,120 1,14,780 1,26,020 1,30,930 1,40,355 1,56,167 1,69,926
Operating Margin 22.33% 22.42% 22.42% 21.31% 21.65% 21.95% 22.32% 22.72%
Earnings before Tax (EBT) 1 90,920 1,04,900 1,17,390 1,30,790 1,36,750 1,47,055 1,63,360 1,81,758
Net income 1 67,380 79,540 88,180 99,620 1,01,140 1,09,173 1,21,431 1,34,383
Net margin 17.37% 17.29% 17.23% 16.84% 16.73% 17.07% 17.36% 17.97%
EPS 2 31.12 33.85 37.53 42.40 43.05 46.48 51.77 57.21
Free Cash Flow 1 65,920 50,030 81,910 87,050 1,35,860 1,08,270 1,22,842 1,32,152
FCF margin 17% 10.88% 16% 14.72% 22.47% 16.93% 17.56% 17.67%
FCF Conversion (EBITDA) 68.67% 44.18% 65.51% 63.86% 95.74% 71.33% 72.89% 72.15%
FCF Conversion (Net income) 97.83% 62.9% 92.89% 87.38% 134.33% 99.17% 101.16% 98.34%
Dividend per Share 2 25.00 40.50 34.00 39.00 42.00 44.21 48.44 53.53
Announcement Date 30/04/20 29/04/21 27/04/22 27/04/23 24/04/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1
Net sales 1,30,920 1,34,620 1,42,720 1,47,510 1,52,280 1,48,930 1,51,480 1,52,760 3,04,240 1,51,880 1,48,570 - - - - -
EBITDA 32,790 32,450 32,470 33,770 35,370 34,710 35,210 36,940 - 35,400 34,350 - - - - -
EBIT 30,240 29,840 29,870 31,290 32,770 32,090 32,640 34,250 - 32,580 31,460 - - - - -
Operating Margin 23.1% 22.17% 20.93% 21.21% 21.52% 21.55% 21.55% 22.42% - 21.45% 21.18% - - - - -
Earnings before Tax (EBT) 30,240 31,280 30,860 31,910 33,770 34,250 33,650 36,310 - 34,320 32,470 - - - - -
Net income 22,430 23,270 22,890 26,160 25,050 25,520 24,720 27,170 - 25,190 24,060 - - - - -
Net margin 17.13% 17.29% 16.04% 17.73% 16.45% 17.14% 16.32% 17.79% - 16.59% 16.19% - - - - -
EPS 9.550 9.900 9.740 11.13 10.67 10.86 10.52 11.56 - 10.72 10.25 - - - - -
Dividend per Share 1 - 19.00 - - - - - - - - 24.00 - - - 41.64 -
Announcement Date 20/01/22 27/04/22 19/07/22 21/10/22 19/01/23 27/04/23 20/07/23 19/10/23 19/10/23 19/01/24 24/04/24 - - - - -
1INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - - -
Net Cash position 1 50,170 43,210 36,180 44,220 58,420 1,09,409 1,29,940 1,52,180
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 65,920 50,030 81,910 87,050 1,35,860 1,08,270 1,22,842 1,32,152
ROE (net income / shareholders' equity) 87.8% 29.3% 18.4% 20.1% 20% 21.6% 23.5% 24.9%
ROA (Net income/ Total Assets) 36.7% 18.5% 12.8% 14.1% 13.6% 14.1% 15.3% -
Assets 1 1,83,362 4,29,301 6,87,279 7,07,810 7,44,503 7,74,277 7,96,272 -
Book Value Per Share 2 37.20 202.0 207.0 214.0 217.0 220.0 223.0 228.0
Cash Flow per Share 2 33.70 38.10 38.10 41.00 63.40 50.70 55.30 -
Capex 1 7,130 39,540 7,730 9,210 12,980 10,972 11,652 10,177
Capex / Sales 1.84% 8.6% 1.51% 1.56% 2.15% 1.72% 1.67% 1.36%
Announcement Date 30/04/20 29/04/21 27/04/22 27/04/23 24/04/24 - - -
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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