Hindustan Unilever Ltd. share price target

Net sales of Hindustan Unilever (HUL) grew by 3.6% to Rs81.3bn in the quarter ended June 30, 2016, while volume increased by 4% similar to the immediate previous quarter. EBITDA rose 8.2% to Rs16.4bn, while reported net profit grew 9.8% to Rs11.7bn and profit before exceptional items saw a rise of 6.1% in the quarter. As per the Management, while the demand environment continues to remain challenging, market growth decelerated further in both volume and value terms. Based on expected EPS of Rs24.1, the stock is trading at price earnings multiple of 38.3x FY18E earnings....

Hindustan Unilever Limited - HINDUNILVR attended the HUVR Annual Investor Meet 2016. Following are the key takeaways: Premiumization trend is being witnessed across categories. Not just metros, but the next 600 towns are also driving premiumization. Naturals – a potential growth area across segments. HUVR is increasingly turning to data analytics by using fast information flow from customers to make strategic decisions. The WIMI plan has been successful so far, with central India growing at 1.5x rest of the country.Rich valuations cap upside. Maintain Neutral.

Trendlyne has 24 reports on HINDUNILVR updated in the last year from 7 brokers with an average target of Rs 865.2. Brokers have a rating for HINDUNILVR with 2 price upgrades in past 6 months and 2 downgrades,4 price downgrades,1 upgrades,6 price upgrades in past 1 Year.

Top takeaways from Q1FY17 : Revenue growth was lower than our/street estimates due to lower-than-expected volume growth and sluggish growth in Personal Care  Margins continued to see expansion because of lower input prices of key raw materials.The stock currently trades at 39x FY18 earnings; with expected earnings CAGR of just 12% in FY16-19, Phillip Capital see the stock de-rating to 36x FY18 earnings over the next year,they value the stock at Rs 830 (previously Rs 765) and maintain Sell.

Trendlyne has 21 reports on HINDUNILVR updated in the last year from 6 brokers with an average target of Rs 866.2. Brokers have a rating for HINDUNILVR with 2 price upgrades in past 6 months and 2 downgrades,4 price downgrades,1 upgrades and 6 price upgrades in past 1 Year.

Volumes below expectations; robust EBITDA margins; cautious outlook HUVR's 1QFY17 performance (Ind AS) was below expectations on net sales up 3.6% YoY (est. 6%) to INR81.3bled by underlying volume growth of 4% (est. 5%). EBITDA grew 8.2% YoY (est. 6.6%) to INR16.4b (est. 16.05b) and Adj. PAT grew 6.1% YoY (est.9.6%) to INR11.27b (est.11.54b). Volume performance muted 4% in 1QFY17. Industry volume growth has been decelerating both YoY and sequentially as a result of slowdown in both urban and rural demand, with the latter continuing to lag the former....

The company had a net profit of `4,094 crs. in FY16 compared to `4,375.5 crs. in FY15 which is a de-growth of 6.4%. This is due to the adverse economic environment. The company had generated an EBITDA of `5,949.6 crs. in FY16.This translates into a 9.9%...

Hindustan Unilever (HUL)'s performance for 4QFY2016 was slightly below consensus expectations. For the quarter, the company's top-line grew by 3.5% yoy to Rs7,946cr while the reported PAT grew ~7% yoy to Rs1,090cr. Key highlights: For 4QFY2016, HUL's top-line rose by 3.5% yoy to Rs7,946cr on the back of 4% volume growth. The soaps and det..

Revenue growth was lower than our/street estimates due to lower than expected volume growth and sluggish growth in Personal Products (PP) segment Margins continued to see expansion because of lower input prices of key RM...

ICICI Securities Ltd | Retail Equity Research Hindustan Unilever (HUL) reported Q4FY16 net sales that were in line with our estimates. However, it posted better-than-expected...

Gross margins for the quarter witnessed 240bps improvement to 51.7% although it was lower compared to 330bps improvement in 9MFY16. Average prices of key inputs such as crude oil was lower by 31% for the quarter, while PFAD prices were 15% lower in the same period. However key input costs have moved up in recent months. A&P; spends for...

Operating Profits grew by 7.5% Y-O-Y with a margin expansion of ~6bps and 7.9% Q-O-Q to `1430.8crs. in Q3FY16. Correspondingly Operating Profit for the 9 months was `4263.1crs. showing a growth of 9.6%. Reported PAT (before exceptional items) grew by 22.8% Y-O-Y and 7.9% Q-O-Q to...