HUL reported better than expected numbers.
- Sales were up 10.4% YoY driven entirely by prices
- EBITDA was at Rs. 3245 crore, up 9.7% YoY, with margins at 24.1%
- Consequent PAT was at Rs. 2327 crore (up 8.6% YoY)
Key triggers for future price performance
- Synergistic benefits of integration of nutrition business (Horlicks & Boost) to drive cost rationalisation
- Long term premiumisation trend in fabric wash to help sustain margins
- Steep commodity inflation to continue driving pricing growth but keep margins under check in near term
- The company is driving more than 20% of its sales through digital channels like e-commerce, Shikhar app (reach of 8 lakh outlets), D2C etc
For details, click on the link below: Link to the report
Shares of Hindustan Unilever Limited was last trading in BSE at Rs. 2241.80 as compared to the previous close of Rs. 2144.25. The total number of shares traded during the day was 121074 in over 8842 trades.
The stock hit an intraday high of Rs. 2249.90 and intraday low of 2165.55. The net turnover during the day was Rs. 268595315.00.