Hindustan Unilever Limited · NSE:HINDUNILVR
Hindustan Unilever — Q2 FY2019-20 Earnings Presentation
24 slides from Hindustan Unilever's earnings presentation, Oct 14, 2019
Slide 1: Exchange filing cover letter: Investor Presentation
Hindustan Unilever Limited Unilever House B D Sawant Marg Chakala, Andheri East Mumbai 400 099 Tel: +91 (22) 3983 0000 Web: www.hul.co.in CIN: L15140MH1933PLC002030 14th October, 2019 Stock Code BSE: 500696 NSE: HINDUNIL VR /SIN: INE030A01027 BSE Limited, National Stock Exchange of India Ltd Corpora
Slide 2: SQ'19 Results Presentation: 14th October 2019
Hindustan Unilever Limited SQ’19 Results Presentation : 14th October 2019
Slide 3: Safe Harbor Statement
Safe Harbor 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 e
Slide 4: Sanjiv Mehta, Chairman & Managing Director
Sanjiv Mehta Chairman & Managing Director
Slide 5: Clear and compelling strategy
Clear and compelling strategy Purpose-led, Future-Fit Growth Consistent, Competitive, Profitable, Responsible Growth 4
Slide 6: Market Context
Market Context Rural leads slowdown Crude and Currency volatile Welcome policy initiatives 1.4X 0.5X 2018 SQ18 L3M'19 MQ'18 DQ'18 SQ'19 Exit Rural Indexed Urban Crude USD * Market growth data source Nielsen 5
Slide 7: Performance Summary
Performance Summary SQ’19 Sustainable Living Domestic Consumer Growth +7% Underlying Volume +5% Growth Comparable EBITDA 24% Margin* Comparable EBITDA +200 bps Improvement* * Reported EBITDA improvement of 310bps at a reported margin of 25%; Comparable EBITDA improvement arrived after adjusting for
Slide 8: Our performance drivers
Our performance drivers Driving premiumization & Focus on Core Market Development Innovate for the Future Flawless Execution c Re-imagine HUL: Build Digital Capabilities across the Value Chain 7
Slide 9: Srinivas Phatak, Chief Financial Officer
Srinivas Phatak Chief Financial Officer
Slide 10: SQ'19: Good performance in a challenging market
SQ’19: Good performance in a challenging market Growth EBITDA PAT (bei) Net Profit Domestic Consumer Comparable EBITDA Growth PAT (bei) Growth PAT Growth Growth* +7% +16% +20% +21% +5% +200 bps 1,832cr 1,848cr Underlying Volume Growth Comparable Margin PAT (bei) PAT Improvement* * Reported EBITDA im
Slide 11: Steady performance across Divisions
Steady performance across Divisions HOME CARE BEAUTY & PERSONAL CARE FOODS & REFRESHMENT 35% 46% 19% Sales Growth 10% 4% 8% Consistent robust delivery Personal products perform well Broad based growth across categories Sales growth = Segment Revenue growth excluding Other Operational Income (Exclude
Slide 12: Innovations and activations in the quarter
Innovations and activations in the quarter 11
Slide 13: Home Care
Home Care Consistent robust delivery ❑ Fabric Wash: Consistent topline delivery ▪ Launched premium brand Love & Care in select channels ▪ Launched Magic Rinse powder sachet in TN ❑ Household Care: Growth momentum driven by liquids upgradation and increased penetration on bars ▪ Domex Pick up the Bru
Slide 14: Beauty & Personal Care
Beauty & Personal Care Personal products perform well ❑ Personal Wash: Pricing actions on popular segment landed ▪ Fair & Lovely soap launch well received ▪ Launched Pears Naturale bodywash range nationally ❑ Skin Care: Double digit growth backed by robust performance across brands ▪ Launched Pond’s
Slide 15: Beauty & Personal Care: Contd.
Beauty & Personal Care : Contd. Personal products perform well ❑ Colour Cosmetics: Strong growth sustained; Continued focus in channels of the future ▪ Launched Absolute Matte Revolution lipstick nationally ▪ #FreeYourLips campaign launched ❑ Oral Care: Portfolio growth led by freshness and naturals
Slide 16: Foods & Refreshment
Foods & Refreshment Broad based growth across categories ❑ Beverages: Good growth delivery by leveraging purpose-led brands ▪ New communications released on Taj Mahal, Lipton & 3 Roses tea ❑ Ice Cream & Frozen Desserts: Sustained strong growth momentum ❑ Foods : Good performance across core segments
Slide 17: Segmental Performance
Segmental Performance HOME CARE BEAUTY & PERSONAL CARE FOODS & REFRESHMENT Segmental Revenue Growth* 9% 5% 8% Segmental Margins** 18% 29% 16% *Segment Revenue Growth = Segment Turnover growth including Other Operational Income (Excludes impact of A&D) ** Segment Margins (EBIT) excludes exceptional i
Slide 18: SQ'19: Results summary
SQ’19: Results summary SQ’19 Rs. Crores Particulars SQ’18 Growth % (Reported) Sales 9708 9138 6% EBITDA 2443 2019 21%* Other Income 180 305 Exceptional Items – Credit / (Charge) -47 -35 PBT 2308 2152 7% Less : Tax 460 627 PAT bei 1832 1522 20% Net Profit 1848 1525 21% EPS 8.54 7.04 21% ▪ Domestic Co
Slide 19: Corporate Tax rate reduction impact
Corporate Tax rate reduction impact FY-19 FY-20 SQ-19 Statutory Rate Statutory Rate Statutory Rate 34.9% 25.2% 25.2% 30.5% ~27.0% ~22.0% ETR excluding Prior Period ETR excluding Prior Period ETR excluding Prior Period Adjustments* Adjustments Adjustments *Reported ETR for FY 19 is 29.2% 18
Slide 20: First Half 2019-20
FIRST HALF 2019 - 20 Hindustan Unilever Limited, 19
Slide 21: First Half 2019-20: Results Summary
First Half 2019-20: Results Summary Rs. Crores Particulars FH19-20 FH18-19 Growth % Sales 19692 18494 6% EBITDA 5090 4270 19% PAT bei 3583 3090 16% Net Profit 3603 3054 18% ▪ Domestic Consumer Growth at 7% ▪ Comparable* EBITDA improvement of 170bps * Reported EBITDA improvement of 280bps; Comparable
Slide 22: Interim Dividend: Proposed Rs.11
Interim Dividend : Proposed Rs.11 FH’19-20 FH’18-19 Particulars Interim Interim Dividend Per Share (Rs.) 11.0 9.0 No. of Shares (Crs.) 216 216 Total Dividend (Rs. Crs.) 2,381 1,948 21
Slide 23: Looking ahead
Looking ahead Near term ❑ Demand outlook continues to be challenging ❑ Policy initiatives augur well; income transference to rural a key imperative ❑ Commodities and currency will continue to be volatile Our strategy ❑ Company well positioned and our strategy remains unchanged ❑ Consistent, Competit
Slide 24: For more information and updates
For more information and updates Visit our website 23
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