Hindustan Unilever, one of India’s largest and leading FMCG companies declared its Q4FY22 result on April 27,2022.
HUL’s net profit rose 8% from Rs. 2,134 crores to Rs. 2,327 crores Y-o-Y and around 3% Q-o-Q. Total segment revenue stood at Rs. 13,462 crores, rising 11% Q-o-Q
HUL’s EBITDA for the March quarter was Rs. 3,245 crore, up 10% over the previous quarter.
Home Care grew by 24 % across the board, led by excellent results in Fabric Wash and Household Care. Both categories climbed by double digits, with the portfolio as a whole doing well.
The company expects a difficult operating environment in the near future, with inflation affecting volumes and growth primarily driven by price. The rising input costs and the embargo on palm oil by Indonesia may lead to inflationary pressures, impacting the bottom line.
HUL proposed a dividend of Rs. 19 for March 2022 while the company’s final dividend for FY22 is Rs 34 per share. The script closed 0.37% lower on the indices at Rs. 2140
HUL CEO and Managing Director Sanjiv Mehta stated that in challenging circumstances, they have grown competitively and protected their business model by maintaining margins in a healthy range. He also added that HUL has become a Rs 50,000 crore turnover company in this fiscal. HUL’s consistent performance is reflective of its strategic clarity, the strength of its brands, operational excellence, and dynamic financial management of the business.
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Research Analyst: Bavadharini KS