HUL Announces Quarterly Results (3QFY21); Net Profit Up 18.9%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

HUL Announces Quarterly Results (3QFY21); Net Profit Up 18.9%
Thu, 28 Jan

HUL has announced its results for the quarter ended December 2020. Here is a detailed performance review of the same:

HUL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-19*
3
Sep-20*
3
Dec-20*
QoQ ChangeYoY Change
Net SalesRs m98,080114,420118,6203.7%20.9%
Other incomeRs m1,4001,510970-35.8%-30.7%
TurnoverRs m99,480115,930119,5903.2%20.2%
ExpensesRs m73,63085,73090,0805.1%22.3%
Gross profitRs m23,46027,88028,1200.9%19.9%
DepreciationRs m2,3202,4902,7209.2%17.2%
InterestRs m25029041041.4%64.0%
Profit before taxRs m22,29026,61025,960-2.4%16.5%
TaxRs m6,1306,5206,7503.5%10.1%
Profit after taxRs m16,16020,09019,210-4.4%18.9%
Gross profit margin%23.924.423.7
Effective tax rate%27.524.526.0
Net profit margin%16.217.316.1
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 20.9% on a year-on-year (YoY) basis. The expenses were up by 22.3% YoY during the same period.
  • The company's operating profit increased by 19.9% YoY during the quarter. Consequently, operating profit margins remained same and stood at 23.7% in 3QFY21.
  • Depreciation charges increased by 17.2% and finance costs increased by 64.0% YoY, respectively.
  • Other income declined by 30.7% YoY during the quarter.
  • Net profit for the quarter increased by 18.9% YoY. Net profit margins during the quarter declined from 16.2% in 3QFY20 to 16.1% in 3QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.1% QoQ during the same period.
  • The company's operating profit increased by 0.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 23.7% in 3QFY21 as against 24.4% in 2QFY20.
  • Net profit for the quarter declined by 4.4% QoQ, while net profit margins declined from 17.3% in 2QFY20 to 16.1% in 3QFY21.

To see how HUL has performed over the last eight quarters,please visit here.

Discover Now: One Stock for Potentially Life-changing Gains

HUL Share Price Performance

Over the last one year, HUL share price has moved up from Rs 2,060.7 to Rs 2,331.6, registering a Gain of Rs 270.9 or around 13.1%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 12,499.5 (down 0.8%). Over the last one year it has moved up from 11,727.2 to 12,499.5, a gain of 772 points (up 6.6%).

Overall, the S&P BSE SENSEX is up 14.0% over the year.

Current Valuations

At the current price of Rs 2,331.6, the price to earnings (P/E) ratio of HUL stands at 68.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 61.3 times.

Equitymaster requests your view! Post a comment on "HUL Announces Quarterly Results (3QFY21); Net Profit Up 18.9%". Click here!

  

Related Views on News

HUL Announces Quarterly Results (2QFY21); Net Profit Up 8.7% (Quarterly Result Update)

Oct 21, 2020 | Updated on Oct 21, 2020

For the quarter ended September 2020, HUL has posted a net profit of Rs 20 bn (up 8.7% YoY). Sales on the other hand came in at Rs 114 bn (up 16.1% YoY). Read on for a complete analysis of HUL's quarterly results.

HUL 2019-20 Annual Report Analysis (Annual Result Update)

Aug 6, 2020 | Updated on Aug 6, 2020

Here's an analysis of the annual report of HUL for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of HUL. Also includes updates on the valuation of HUL.

HUL Announces Quarterly Results (1QFY21); Net Profit Up 7.2% (Quarterly Result Update)

Jul 22, 2020 | Updated on Jul 22, 2020

For the quarter ended June 2020, HUL has posted a net profit of Rs 19 bn (up 7.2% YoY). Sales on the other hand came in at Rs 106 bn (up 4.4% YoY). Read on for a complete analysis of HUL's quarterly results.

Bajaj Consumer Care Q4 Results: Net Profit Jumps Over Two-Fold (Company Info)

Apr 21, 2021

Key takeaways from Bajaj Consumer Care's March quarter results.

Nestle India Sees Double-Digit Growth Across Segments in March Quarter (Company Info)

Apr 21, 2021

Key takeaways from Nestle's March quarter (Q1CY21) results.

More Views on News

Most Popular

Time to Buy Smallcaps?(Fast Profits Daily)

Apr 30, 2021

In this video, I'll show you why I favour smallcaps over the Nifty.

The Next Smallcap Winners(Profit Hunter)

Apr 30, 2021

Price is the only due diligence one might require to buy this business.

Sell in May and Go Away?(Fast Profits Daily)

Apr 28, 2021

Does the concept of selling stocks in the month of May, work in the Indian market?

This Fund Manager Has Taken the World by Storm. Will You Invest With Her?(Profit Hunter)

Apr 26, 2021

Should you invest with this Rockstar fund manager who has outperformed in a big way?

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

HUL SHARE PRICE


May 7, 2021 (Close)

TRACK HUL

COMPARE HUL WITH

MARKET STATS