Company: Hindustan Unilever Ltd. Category: IPO Notes


Hindustan Unilever’s (HUVR) reported numbers for 4QFY19 were marginally below our expectations as rural growth rate witnessed a sharp deceleration in February-March 2019.
May 6, 2019, 11:25 a.m.
Publisher: nirmalbang.com

We cut our EPS estimates for FY20-21 by 4.4-5.7% due to 1) likely impact of moderation in demand in 1HFY20 2) lower margin expansion of 80bps over FY19-21 versus 360bps over FY17-19.
May 3, 2019, 11:45 a.m.
Publisher: plindia.com

We spoke to the management of Hindustan Unilever (HUL) for an update on the overall market conditions.
March 15, 2019, 3:20 p.m.
Publisher: motilaloswal.com

Hindustan Unilever (HUVR) reported a robust set of numbers for 3QFY19 based on strong volume-led growth. Volume growth for the quarter was above our expectation whereas overall revenues were in line.
Jan. 18, 2019, 11:34 a.m.
Publisher: nirmalbang.com


HUVR reported 5th consecutive quarter of double digit volume growth (10% UVG) with 16.9% Adj. PAT growth in a stable demand scenario despite a high base.
Jan. 17, 2019, 11:36 a.m.
Publisher: plindia.com

We believe HUVR has obtained a good deal, which is EPS accretive from the beginning. The company also benefits because (a) the merger is at a reasonable valuation.
Dec. 3, 2018, 11:24 a.m.
Publisher: motilaloswal.com

We remain positive on HUVR’s acquisition of Glaxo Consumer Healthcare given that it will be 1) EPS accretive by 5% in FY20 and ~7.75% in FY21.
Dec. 3, 2018, 11:21 a.m.
Publisher: plindia.com

Hindustan Unilever’s (HUVR) overall performance in 2QFY19 was broadly in line with our expectations. The company reported yet another quarter of strong volume-led growth.
Oct. 15, 2018, 12:05 p.m.
Publisher: nirmalbang.com

2Q19 performance remained robust 4th consecutive quarter of double digit volume growth (10% UVG) and 23.1% Adj. PAT growth, stable demand scenario, normal monsoons and sustained double digit growth in Home care.
Oct. 12, 2018, 11:05 a.m.
Publisher: plindia.com

Hindustan Unilever (HUVR) has delivered strong volume led top-line growth in 1QFY19, registering the third consecutive quarter of double-digit volume growth. The growth was broadbased as all categories grew in double digits.
July 17, 2018, 11:20 a.m.
Publisher: nirmalbang.com

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