Hindustan Unilever (HUL) announced its Q4 FY13 results on 29 April 2013.
Q4 FY13 Result Analysis
The company's Total Income increased by 12% YOY to INR6466 crore YOY and its EBITDA increased by 17% YOY to INR972 crore. EBITDA Margin of the company increased from 14.5% to 15.0% YOY. Volume Growth came at 6%. Adjusted PAT (Excl EO) increased by 18% YOY to INR778 crore. PAT incl EO increased by 15% to INR787crore YOY.
Soaps and Detergent segment registered a growth of 13%, Personal products grew by 12% and beverages grew by 18% yoy.
At the CMP of INR498, we maintain Buy on the stock with our Price Target of INR676 for a period of 12 months-15months.