Hindustan Unilever Ltd. share price target

Revenue rose by 7.83% to Rs. 8100.0 Cr in Q4FY17 when compared to the previous quarter

Q4 ahead of expectations:Net sales, EBITDA and adj. PAT grew 7%, 12% and 8%. FMCG volumes grew 4% YoY, with restocking impact of 100-150 bps. OPM expanded 104 bpsYoY to 20.1% YoY due to decline in staff costs (-105 bps) and lower A&P; (-87 bps).

Net sales grew by 6.8% Y-O-Y to `8100 crs in Q4FY17. Domestic business grew by 8% with underlying volume growth at 4%.For the financial year 2017, the domestic consumer business grew 4% with 1% underlying volume growth. Net sales for full year FY17 stood at...

HULs numbers were better than our and street?s expectations. Net revenue was up 6.4% YoY at Rs 82.1bn (4% estimates). Domestic biz clocked healthy 8% growth, with a 4% UVG (3% expectation). EBITDA and APAT were up by 12% and 10%.

Rich Valuation & Near-term Concerns Outweigh Strong Numbers Hindustan Unilever (HUL) has delivered a strong performance in 4QFY17 on the back of trade pipeline build-up post demonetisation, lower A&P; spends and improved traction in premium portfolio. Net sales for the quarter grew by 6.8% YoY to Rs81bn backed by 4% YoY growth in volume. EBITDA and net profit (before exceptional items) increased by 12.2% YoY and 7.6% YoY to Rs16.5bn and Rs11.2bn, respectively. We estimate HUL to report 11.7% and 14.7% CAGR in revenue and earnings, respectively through FY17-19E. We expect the demand to witness a strong recovery in FY18, although GST roll-out...

ICICI Securities Ltd | Retail Equity Research HUL reported a healthy set of numbers with domestic business growth at 8% YoY with volume growth of 4% YoY. Gross sales for the quarter grew by 7.1% YoY to 8773 crore. The gross revenue for refreshment segment grew 10.5% YoY, followed by personal & home care segments, which grew 8.1% & 7.4% YoY, respectively. The foods segment grew marginally by 2.4% YoY Led by lower employee & advertisement expense, operating margin...

12.1% yoy to Rs16.5bn while APAT grew 11.2% yoy to Rs11.1bn Volume growth at 4% led by refilling trade pipeline (100-150bps) and healthy growth across segment. Premiumisation trend has been strong across categories led by Surf...

Revenue decreased by 2.4% to Rs. 7512.52 Cr in Q3FY17 when compared to the previous quarter. Also, it decreased by 1.23% when compared with Q3FY16

HULs net revenue was down by 1.2% YoY to Rs 75.1bn, better than expected. Domestic consumer business was flat while UVG was down by 4%. EBITDA & APAT has declined by 5.2% & 9.3%.

HUL declared its Q3FY17 results on recently. The key highlights were as follows: 1. Growth muted on the back of challenging demand environment. For the quarter, the company's operating revenues declined by 1.2% Y-O-Y...