Financials Hindustan Unilever Limited

Equities

HINDUNILVR

INE030A01027

Personal Products

Market Closed - Bombay S.E. 06:25:33 2024-06-06 am EDT 5-day change 1st Jan Change
2,550 INR -2.04% Intraday chart for Hindustan Unilever Limited +7.47% -4.27%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 4,975,137 5,711,329 4,813,960 6,012,017 5,329,460 5,990,753 - -
Enterprise Value (EV) 1 4,924,967 5,668,119 4,777,780 5,967,797 5,271,040 5,881,343 5,860,813 5,838,573
P/E ratio 73.8 x 71.8 x 54.6 x 60.3 x 52.7 x 54.8 x 49.2 x 44.6 x
Yield 1.09% 1.67% 1.66% 1.52% 1.85% 1.73% 1.9% 2.1%
Capitalization / Revenue 12.8 x 12.4 x 9.4 x 10.2 x 8.81 x 9.37 x 8.56 x 8.01 x
EV / Revenue 12.7 x 12.3 x 9.33 x 10.1 x 8.72 x 9.2 x 8.37 x 7.81 x
EV / EBITDA 51.3 x 50.1 x 38.2 x 43.8 x 37.1 x 38.7 x 34.8 x 31.9 x
EV / FCF 74.7 x 113 x 58.3 x 68.6 x 38.8 x 54 x 47.6 x 44.2 x
FCF Yield 1.34% 0.88% 1.71% 1.46% 2.58% 1.85% 2.1% 2.26%
Price to Book 61.8 x 12 x 9.87 x 12 x 10.5 x 11.6 x 11.4 x 11.2 x
Nbr of stocks (in thousands) 2,164,844 2,349,568 2,349,591 2,349,591 2,349,591 2,349,591 - -
Reference price 2 2,298 2,431 2,049 2,559 2,268 2,550 2,550 2,550
Announcement Date 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: März 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 387,850 459,960 511,930 591,440 604,690 639,594 700,229 747,995
EBITDA 1 96,000 113,240 125,030 136,320 141,900 151,797 168,587 183,167
EBIT 1 86,620 103,120 114,780 126,020 130,930 140,442 156,263 169,926
Operating Margin 22.33% 22.42% 22.42% 21.31% 21.65% 21.96% 22.32% 22.72%
Earnings before Tax (EBT) 1 90,920 104,900 117,390 130,790 136,750 147,055 163,360 181,758
Net income 1 67,380 79,540 88,180 99,620 101,140 109,173 121,431 134,383
Net margin 17.37% 17.29% 17.23% 16.84% 16.73% 17.07% 17.34% 17.97%
EPS 2 31.12 33.85 37.53 42.40 43.05 46.49 51.81 57.21
Free Cash Flow 1 65,920 50,030 81,910 87,050 135,860 108,965 123,003 132,152
FCF margin 17% 10.88% 16% 14.72% 22.47% 17.04% 17.57% 17.67%
FCF Conversion (EBITDA) 68.67% 44.18% 65.51% 63.86% 95.74% 71.78% 72.96% 72.15%
FCF Conversion (Net income) 97.83% 62.9% 92.89% 87.38% 134.33% 99.81% 101.29% 98.34%
Dividend per Share 2 25.00 40.50 34.00 39.00 42.00 44.17 48.35 53.53
Announcement Date 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 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 130,920 134,620 142,720 147,510 152,280 148,930 151,480 152,760 304,240 151,880 148,570 - - - - -
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 1/20/22 4/27/22 7/19/22 10/21/22 1/19/23 4/27/23 7/20/23 10/19/23 10/19/23 1/19/24 4/24/24 - - - - -
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 58,420 109,409 129,940 152,180
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 65,920 50,030 81,910 87,050 135,860 108,965 123,003 132,152
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% 14.2% 15.2% -
Assets 1 183,362 429,301 687,279 707,810 744,503 768,825 798,891 -
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% 1.66% 1.36%
Announcement Date 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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