SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.

Blog

hindustan

Hindustan Unilever stock gains after Q4FY18 numbers

Shares of Hindustan Unilever gained 1% after Q4FY18 results. The company’s revenue (net of excise duty in the base quarter) grew by 10.8% yoy to Rs9,097cr led by 11% yoy volume growth.

Led by lower raw material cost and other expenses, the EBITDA jumped by 24% yoy to Rs2,048cr and EBITDA margin expanded by 241bps yoy to 22.5% (estimate of 21.4%). Due to 18.5% yoy increase in depreciation and higher tax outgo, PAT grew at a lower rate at 14.2% yoy to Rs1,351cr.

Comparable domestic growth (adjusted for GST impact) for the company stood at 16%, led by underlying strong volume growth of 11%.

Revenue growth in home care and refreshment category sequentially up by 13.2% and 12.9% respectively is very encouraging.

Company’s advertisement expense as a percent of net sales has increased by 138bps yoy to 12% to support new launches and marketing activations.

The stock is currently trading at Rs1,517.10 up by Rs12.15 or 0.81% from its previous closing of Rs1,504.95 on the BSE. The scrip opened at Rs1,526.25 and has touched a high and low of Rs1,543.25 and Rs1,512.50 respectively.