HUL - Digitisation, Product Premiumisation, Cost Efficiency Programs The Key Growth Drivers: Dolat Capital
We believe that HUL would continue to benefit from extensive reach and expansion in unreached territories.
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Dolat Capital Report
We attended Hindustan Unilever Ltd.’s Annual Investor Meet ‘Winning in the new Decade’. HUL's broadly maintains its key strategies for competitive growth are - grow the core ahead of market, market development and premiumisation and prudent merger and acquisition. Other key highlights of the meet are as follows –
During FY12-22, beauty and personal care segment turnover has increased by 1.8 times. Seven major brands of HUL (Dove, Lux, Ponds, Glow and Lovely, Clinic Plus, Lifebuoy and Lakme) accounted for more than Rs 10 billion turnover. There is significant headroom for growth in skin cleansing segment- body wash penetration stands at 2%, body lotion at 14% while face cleansing at 22%.
During FY12-22, home care segment turnover and profit increased by 2.6 times and 7.3 times respectively while market share increased by 500 bps.
Foods and refreshment segment revenue has increased from Rs 44.8 billion in FY2013 to Rs 141.01 billion in FY2022. The segment margins have improved from 11.4% in FY2013 to 18.6% in FY2022.
HUL ranked number one in tea, health food drinks and foods and ranked number two in coffee and ice cream
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