Hindustan Unilever Share Price Target 2024, 2025, 2030 History, Board, Management and Auditors

Hindustan Unilever Ltd, a consumer goods behemoth based in Mumbai, is a subsidiary of the British company Unilever. Specializing in fast-moving consumer goods (FMCG), the company offers over 50 brands in various categories such as skin and hair care, food and beverages, home and hygiene, and oral care, impacting the lives of millions of individuals nationwide. Among its notable brands are Dove, Wheel, Rin, Kissan, Clinic Plus, Vaseline, Surf Excel, Lux, Horlicks, Pepsodent, Pond’s, and Glow & Lovely.

History

In 1956, Hindustan Unilever Ltd (HUL) was formed through the merger of the three Indian Unilever subsidiaries – Hindustan Vanaspati Manufacturing Company, United Traders Limited, and Lever Brothers India Limited, with 10% of its equity offered to the public. Subsequently, brands like Pond’s, Brooke Bond, Lakme, among others, joined HUL, enhancing its strength and size. The 1990s witnessed a wave of partnerships, mergers, and acquisitions in the food and beverage sector. The merger of Brooke Bond Lipton India Limited (BBLIL) with HUL in 1996 aimed to seize opportunities in both local and global markets and facilitate investments for new product categories.

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In 2000, the Indian government transferred 74 percent equity of Modern Foods to the company, marking a significant historical event. The company introduced various initiatives during the 2000s such as the ‘Pureit’ water purifier and Direct to Home services. HUL garnered multiple awards and accolades, emerging as a top player in the FMCG sector and Indian business landscape. Fast forward to 2020, HUL acquired VWash, a prominent female intimate hygiene brand. Following the merger with GSK Consumer Healthcare, HUL’s product lineup now includes renowned health drinks Boost and Horlicks, solidifying its position as the largest F&R business in the nation.

Hindustan Unilever Share Price Target 2024, 2025, upto 2030

Year

Initial Target

Mid-Year Target

Year-End Target

2024

2802.06

2974.69

3078.27

2025

3140

2951

3523

2026

3593

3378

4033

2027

4114

3866

4616

2028

4708

4425

5283

2029

5389

5066

6048

2030

6169

5797

6920

Hindustan Unilever Share Price Target 2024 t0 2030 Informations

  • In 2024, Hindustan Unilever Ltd (HINDUNILVR) is expected to experience strong growth, with an initial target of 2802.06. However, market volatility might lead to fluctuations mid-year, peaking at 3009.21.
  • For Hindustan Unilever Ltd in 2025, a bullish trend might take the stock to a mid-year target of 3069, followed by a steady climb to 3523.
  • In 2026, a temporary decline in early months for Hindustan Unilever Ltd is possible, with a recovery expected by mid-year, aiming for 3513.
  • Anticipating mixed trends for Hindustan Unilever Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards 4616.
  • For 2028 and 2029, Hindustan Unilever Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
  • By 2030, the cumulative impact of market dynamics could lead Hindustan Unilever Ltd to a substantial year-end target, surpassing previous expectations.

Board, Management and Auditors

Board of Directors

Hindustan Unilever Limited is led by Mr. Sanjiv Mehta, who serves as the CEO & MD. Below are the board of directors at HUL.

Sanjiv Mehta – Chief Executive Officer & Managing Director

Sanjiv Mehta serves as the President of Unilever South Asia, overseeing the management committee of HUL and holding a position on the Unilever Leadership Executive responsible for managing the global consumer goods company. Additionally, he is the President of the Federation of Indian Chambers of Commerce and Industry, a Board Director of the Indian School of Business, and an Independent Director on the Board of Air India.

Nitin Paranjpe – Non-Executive Chairman

Nitin Paranjpe has served on the Unilever Leadership Executive for nearly ten years and holds the position of Chief Operating Officer at Unilever. In his role as Chief People & Transformation Officer, he is responsible for overseeing the implementation of the new Compass Organization and managing HR operations.

Ritesh Tiwari – Executive Director (Finance & IT and CFO)

Ritesh Tiwari, the Vice President of Finance at Unilever, South Asia, has led teams in India and internationally in finance, supply chain, and sales. Recently, he has taken on the role of Vice President in the UK and CFO for Unilever International, where he is recognized for implementing digital transformation and streamlining processes.

Dev Bajpai – Executive Director

Dev Bajpai has been part of HUL’s management committee since 2010 and is affiliated with the Institute of Company Secretaries of India. He is responsible for managing legal and corporate affairs at the company.

Willem Uijen – Executive Director (Supply Chain)

He leads the supply chain operations for HUL and Unilever, South Asia. A Dutch national, he has been part of Unilever since 1999.

Independent Directors

Hindustan Unilever Limited’s board comprises six independent directors responsible for corporate governance, legal compliance, and safeguarding public and investor interests. The directors are O.P.Bhatt, Kalpana Morparia, Sanjiv Misra, Ashu Suyash, Ashish Gupta, and Leo Puri.

Auditors

Hindustan Unilever Ltd’s financials undergo auditing by M/s B S R & Co. LLP. This audit firm was selected as Statutory Auditors for the second consecutive term of five years starting in 2019. Additionally, the company assigns cost auditors and secretarial auditors annually.

Market Capitalisation and Stock Information

Hindustan Unilever Ltd became the first foreign subsidiary to offer equity to Indian investors by being listed on the Bombay, Madras, and Calcutta Stock Exchanges in 1956. Presently, the HUL stock is traded on the National Stock Exchange and Bombay Stock Exchange, demonstrating consistent performance and being recognized as a profitable investment. Major mutual funds with over 5% of their AUM invested in this stock include ICICI Prudential Bharat Consumption Fund Direct-Growth, Baroda BNP Paribas India Consumption Fund Direct-Growth, Canara Robeco Consumer Trends Fund Direct-Growth, and Mirae Asset Great Consumer Fund Direct-Growth.

Corporate Social Responsibility Information

Hindustan Unilever Ltd is dedicated to operating and expanding the business in a socially responsible way. The company aims to reduce the environmental footprint of its activities and support communities through various programs. The board has implemented several CSR projects outlined below:

Water Conservation

The Hindustan Unilever Foundation (HUF) was created to assist in implementing scalable solutions to tackle India’s water challenges. Presently, the water conservation initiative includes 11,500 villages across 12 states through collaborations with NGOs and co-founders.

Swachh Aadat Swachh Bharat

The project is created to encourage health and hygiene practices in the nation in accordance with India’s Swachh Bharat initiative. It also seeks to develop and implement waste management and sanitation solutions.

Plastic Waste Management

The company is dedicated to reducing its environmental impact by transitioning to reusable and recyclable plastic packaging. It collaborates with partners on comprehensive pilot projects in the region.

Happy Homes Projects

Asha Daan, a home for challenged and abandoned children and HIV-positive individuals, was established in Mumbai as part of this project. In Assam, Ankur serves as another educational center for children facing challenges.

Project Shakti

HUL’s rural program focuses on small villages with the goal of empowering underprivileged rural women. It seeks to offer them income-generating opportunities, deliver health and hygiene education, and grant access to information via a specialized portal.

Financial Information

Top Line

Hindustan Unilever Ltd has demonstrated significant revenue growth in the past five years according to the audited financial statements. During this period, the company has consistently achieved remarkable increases in both turnover and volume.

Bottom Line

Over the past ten years, the company has increased its bottom line by 26,000 crore INR and doubled its turnover. The profit has shown significant growth in the past five years, with profit before tax rising from 7,285 crore INR in 2018 to 11,739 crore INR in 2022.

Net Worth

The net worth stayed consistent around 8000 crore INR between 2018 and 2020, then surged to an impressive 47,674 crore INR in 2021 before being documented at 49,061 crore INR by March 2022.

HUL Technicals

EMA & SMA

Current Price

₹2,675.00

+178.7 (7.16%)

EMA SMA

20 Day: ₹2,355.54

50 Day: ₹2,335.17

100 Day: ₹2,364.64

200 Day: ₹2,420.34

HUL Resistance and Support

PIVOT

2,675.00

Resistance

Resistance

First Resistance

2,556.87

Second Resistance

2,617.43

Third Resistance

2,724.82

RSI

69.57

MFI

51.54

MACD Single Line

22.81

MACD

29.14

Support

Support
First Support 2,388.92
Second Support 2,281.53
Third Supoort 2,220.97

HUL Delivery and Volume

Period

NSE + BSE Volume Avg

NSE + BSE Delivery Volume Avg

NSE + BSE Delivery Volume %

Day

8,056,596

414,109,034

51.4

Week

3,743,510

198,331,139

52.98

1 Month

2,301,938

125,248,459

54.41

6 Month

2,092,139

137,286,136

65.62

HUL Result Highlights

Q4FY24 Quarterly & FY24 Annual Result Announced for Hindustan Unilever Ltd.

  • Underlying Sales Growth (USG) of 1%.
  • Underlying Volume Growth (UVG) of 2%.
  • EBITDA margin at 23.4%.

HUL Synopsis

NSE-Cosmetics/Personal Care

Hindustan Unilever Ltd. is engaged in the hairdressing and beauty treatment business. The company’s total operating revenue for the fiscal year ended on 31/03/2024 is Rs. 60469.00 Cr., with an equity capital of Rs. 235.00 Cr.

Market Cap

586,528

Sales

60,469

Shares in Float

89.28

No of funds

1922

Yield

1.79

Book Value

11.49

U/D Vol ratio

0.9

LTDebt / Equity

Alpha

-0.12

Beta

0.57

HUL Shareholding Pattern

Owner Name

Mar-24

Dec-23

Sep-23

Jun-23

Promoters

61.9%

61.9%

61.9%

61.9%

Mutual Funds

5.01%

4.75%

4.8%

4.55%

Insurance Companies

7.32%

6.65%

6.2%

6.11%

Foreign Portfolio Investors

12.67%

13.65%

13.9%

14.48%

Financial Institutions/ Banks

0.07%

0.11%

0.11%

0.09%

Individual Investors

10.69%

10.62%

10.79%

10.68%

Others

2.34%

2.32%

2.3%

2.19%

HUL Management

Name

Designation

Mr. Nitin Paranjpe

Chairman & Non-Exe.Director

Mr. Rohit Jawa

Managing Director & CEO

Mr. Ritesh Tiwari

Executive Director & CFO

Mr. Dev Bajpai

Executive Director

Mr. O P Bhatt

Independent Director

Mr. Leo Puri

Independent Director

Mr. Sanjiv Mehta

Independent Director

Ms. Kalpana Morparia

Independent Director

Ms. Ashu Suyash

Independent Director

Mr. Ranjay Gulati

Independent Director

Ms. Neelam Dhawan

Independent Director

Mr. Tarun Bajaj

Independent Director

Hindustan Unilever Images

Hindustan Unilever Images

Hindustan Unilever Images

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