Hindustan Unilever Limited · NSE:HINDUNILVR
Hindustan Unilever — Q1 FY2021-22 Earnings Presentation
25 slides from Hindustan Unilever's earnings presentation, Jul 22, 2021
Slide 1: Exchange filing cover letter: Investor Presentation
22nd July, 2021 Stock Code: BSE: 500696 NSE: HINDUNILVR ISIN: INE030A01027 BSE Limited, National Stock Exchange of India Ltd Corporate Relationship Department, Exchange Plaza, 5th Floor, 2nd Floor, New Trading Wing, Plot No. C/1, G Block, Rotunda Building, P.J. Towers, Bandra – Kurla Complex, Dalal
Slide 2: Hindustan Unilever Limited JQ'21 Results
Hindustan Unilever Limited JQ’21 Results : 22nd July 2021 Sensitivity: Public
Slide 3: Safe harbour statement
Safe harbour statement This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar
Slide 4: Sanjiv Mehta, Chairman & Managing Director
Sanjiv Mehta Chairman & Managing Director Sensitivity: Public
Slide 5: Operating context
Operating context Mobility severely impacted in Inflationary pressures Rural leading FMCG growth May, recovering sharply continue 414K 78% 75% 1.04X 1.7Y 1.6Y X X 1.3Y 0.96X Y 37% 20K 40K Feb'21 Mar'21 Apr'21 May'21 Jun'21 Jul'21 Mar'21 Apr'21 May'21 Jun'21 MQ'20 JQ'20 SQ'20 DQ'20 MQ'21 JQ'21 New CO
Slide 6: Navigating Wave 2: Greater resilience, better responsiveness
Navigating Wave 2 : Greater resilience, better responsiveness People Supply Fundamentals of growth Demand Cost & Cash Underpinned by Technology 5 Sensitivity: Public
Slide 7: Execution: More agile, more decisive
Execution : More agile, more decisive Care for our People Resilient Supply Chain Coverage & Assortment Effective Coverage* X 0.9X Distributed 0.6 X manufacturing c.90% Vaccinated 45 Fully equipped Pre- JQ'20 JQ'21 (at least 1 Dose) Ambulances COVID Flexible capacity Assortment Inventory X closer to
Slide 8: Impactful innovations meeting consumer demand
Impactful innovations meeting consumer demand 7 Sensitivity: Public
Slide 9: Communications driving salience
Communications driving salience 8 Sensitivity: Public
Slide 10: Digitised demand capture: >10% of the business
Digitised demand capture : >10% of the business eRTM - Shikhar Accelerating eCommerce Direct to Consumer Exploring new routes to 6X contribution vs JQ’20 2X contribution vs JQ’20 consumer 9 Sensitivity: Public
Slide 11: JQ'21: Robust performance in a challenging environment
JQ’21 : Robust performance in a challenging environment >80% 12% Supporting communities Supporting Community Business Gaining Domestic Consumer Relative Penetration* Growth** 9% 10% Underlying Volume PAT Growth Growth** * As per Kantar Worldpanel for L3M May 2021 on relative basis compared vs L3M Ma
Slide 12: Our strategy remains consistent
Our strategy remains consistent Our Vision is to be a leader in sustainable business. We will demonstrate how our purpose-led, future-fit business model drives superior performance delivering consistent, competitive, profitable and responsible growth. Improve the health of the Improve people’s healt
Slide 13: Five strategic choices
Five strategic choices 1. Developing our portfolio 2. Win with our brands as a force for good, powered by purpose and innovation 3. Lead in the channels of the future 4. Build differentiated structures and capabilities 5. Build a purpose-led, future-fit organisation and growth culture Operational Ex
Slide 14: Ritesh Tiwari, Chief Financial Officer
Ritesh Tiwari Chief Financial Officer Sensitivity: Public
Slide 15: JQ'21: Robust performance in a challenging environment
JQ’21 : Robust performance in a challenging environment Growth EBITDA PAT (bei) Net Profit Domestic Consumer Growth* Margin Gr % Gr % 12% 24% 5% 10% 9% -110 bps 1,962 cr. 2,061 cr. Underlying Volume Growth* * Domestic consumer growth and underlying volume growth excludes the impact of acquisition of
Slide 16: Broad based growth across Divisions
Broad based growth across Divisions HOME CARE BEAUTY & PERSONAL FOODS & CARE REFRESHMENT 33% 39% 28% Sales Growth* 12% 13% 12% *Sales growth excludes the impact of acquisition of VWash 15 Sensitivity: Public
Slide 17: Home Care: Strong performance across Fabric wash & HHC
Home Care : Strong performance across Fabric wash & HHC ❑ Household Care: High teens growth on a strong base, led by Vim. Premiumisation continues to yield strong results ❑ Fabric Wash: Double-digit growth led by strong performance in premium portfolio ▪ Launched ‘Surf excel 3 in 1 Smart Shots’ ▪ Si
Slide 18: BPC: Double-digit growth led by Hair Care and Skin Care
BPC : Double-digit growth led by Hair Care and Skin Care ❑ Skin Cleansing: Soaps delivered another strong quarter of growth. Premium portfolio performed well and grew sequentially. Hand hygiene declined on an exceptionally high base. VWash continued its strong momentum ▪ Inflationary pressures remai
Slide 19: Foods & Refreshment: In-home performs well
Foods & Refreshment : In-home performs well ❑ Foods: Soups and Ketchups continue their strong momentum and grew on a high base in JQ’20 ❑ Beverages: Tea continues to gain share, grows high double-digit on a very strong base. Coffee had a soft quarter on the back of high teens growth in the base ❑ Nu
Slide 20: Discretionary & OOH less impacted than Wave 1
Discretionary & OOH less impacted than Wave 1 HEALTH, HYGIENE & NUTRITION (c. 85%) DISCRETIONARY (c. 12%) vs JQ’20 vs JQ’20 8% 39% -24% 16% vs JQ’19 vs JQ’19 Skin Care, Color Cosmetics, Deos OUT OF HOME (c. 3%) vs JQ’20 91% -40% vs JQ’19 Water, Ice Cream, Food Solutions Skin Cleansing, Hair Care, Or
Slide 21: Nutrition: Integration progressing well
Nutrition : Integration progressing well Business on virtuous cycle of growth c.50% 1.4x GTM integration Increasing direct completed coverage +0.5m Continued contacts journey on cost synergies Market development 20 Sensitivity: Public
Slide 22: JQ'21: Segmental performance
JQ’21 : Segmental performance BEAUTY & PERSONAL FOODS & HOME CARE CARE REFRESHMENT 33% 39% 28% INR 3,797 Cr INR 4,573Cr INR 3,319 Cr Segmental Revenue Growth* 12% 13% 12% Segmental Margins** 17% 28% 18% *Segment Revenue Growth = Segment Turnover growth + Other Operating Income + Acquisition of VWash
Slide 23: JQ'21: Results summary
JQ’21 : Results summary Rs. Crores Particulars JQ’21 JQ’20 Growth % Sales 11,730 10,406 13%* EBITDA 2,847 2,644 8% Other Income (Net) 56 127 Exceptional Items – Credit / (Charge) (26) (118) PBT 2,633 2,411 9% Tax 572 530 PAT bei 1,962 1,873 5% Net Profit 2,061 1,881 10% ▪ *Domestic Consumer Growth a
Slide 24: Looking ahead
Looking ahead Cautiously optimistic in the near term ❑ Mobility improving; our portfolio and capabilities will hold us in good stead ▪ Possible surge in infection rates may cause uncertainty to demand ❑ Rural continues to be resilient; monsoon and crop sowing key ❑ Commodities remain volatile and el
Slide 25: For more information and updates
For more information and updates Visit our website 24 Sensitivity: Public
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