Hindustan Unilever Q1 PAT up 9.6% at Rs2,061cr yoy on sharp growth in EBITDA of beauty and personal care vertical

Hindustan Unilever Ltd reported 12.83% growth yoy in total sales revenues for the Jun-21 quarter on consolidated basis at Rs11,915cr

Jul 22, 2021 01:07 IST India Infoline News Service

hindustan-unilever
Hindustan Unilever Ltd reported 12.83% growth yoy in total sales revenues for the Jun-21 quarter on consolidated basis at Rs11,915cr. On a sequential basis, the revenues were down -1.79% compared to Rs12,132cr in the Mar-21 quarter indicating that the COVID 2.0 impact was limited on the top line. The domestic consumer growth of 12% was driven by strong volume growth of 9% on a yoy basis.

The home care segment grew by 12% yoy as liquid and fabric sensations continued to outperform. Calibrated price increases did not impact demand. The beauty and personal care segment grew 13% yoy with skin cleansing and soaps continuing to see robust demand on the back of COVID related hygiene needs. The food and refreshments business also showed a robust top line growth of 12% on a yoy basis.

For the Jun-21 quarter, the consolidated EBITDA the EBITDA margins at 24% remained healthy as the company continued to invest in brands and portfolios with future fit and also to manage cost inflation in the best possible way. Operating profits were up 8.37% on a yoy basis but due to top line pressures the sequential growth was -3.88%.

Net profits for the Jun-21 quarter were up 9.57% on a yoy basis at Rs2,061cr even as sequential profits fell by -3.83% on COVID 2.0 effect. Margins have also been impacted by an all-round inflation in input costs. In terms of EBITDA contribution, beauty and personal care led the sweepstakes followed by home care and foods in that order in Jun-21 quarter.


Financial highlights for Jun-21 compared yoy and sequentially


Hindustan Unilever
Rs in Crore Jun-21 Jun-20 YOY Mar-21 QOQ
Total Income (Rs cr) ₹ 11,915 ₹ 10,560 12.83% ₹ 12,132 -1.79%
Operating Profit (Rs cr) ₹ 2,603 ₹ 2,402 8.37% ₹ 2,708 -3.88%
Net Profit (Rs cr) ₹ 2,061 ₹ 1,881 9.57% ₹ 2,143 -3.83%
Diluted EPS (Rs) ₹ 8.77 ₹ 8.01 ₹ 9.12
OPM 21.85% 22.75% 22.32%
Net Margins 17.30% 17.81% 17.66%

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