HUL to announce Q4 earnings today; here's what you should watch for
Anand Rathi expects HUL to grow at a CAGR of 13.5 percent in next two years. It estimates the company to report revenues of Rs 40,128 crore in FY-19E and Rs 45,756.1 crore in FY-20.
May 03, 2019 / 10:34 AM IST
FMCG major Hindustan Unilever is scheduled to announce its March quarter earnings on May 3. Brokerages expect profit to jump 7-11 percent while sales could jump 9-12 percent.
Research firm ICICIdirect expects HUL to report net profit at Rs 1,452.4 crore up 7.5 percent YoY and 0.6 percent QoQ.
Net Sales are expected to increase by 9.9 percent YoY to Rs 10,001.5 crore. EBITDA is likely to rise by 2.6 percent YoY to Rs. 2,102 crore, the firm added.
Kotak Institutional Equities expects HUL (Standalone) to report net profit at Rs 1,711.8 crore up 21.5 percent YoY and 22.2 percent QoQ.
According to Kotak, net sales are expected to increase 12 percent YoY to Rs 10,190.6 crore, while EBITDA is likely to rise by 20.8 percent YoY to Rs 2,473.4 crore.
Ajcon Global Services expects the company to deliver PAT CAGR of 20 percent over the period FY19-21.
Similarly, Anand Rathi estimates the company to report revenue of Rs 40,128 crore in FY19E and Rs 45,756 crore in FY20. It projects HUL to grow at a CAGR of 13.5 percent in the next two years.
The operating margins for the company should continue to improve while the company’s EBITDA margin is expected to be around 21.8 percent in FY19E and 22.3 percent in FY20E, the firm added.
Motilal Oswal is expecting adjusted PAT to grow 11.9 percent on-year basis to Rs 1,582 crore on 9.5 percent YoY revenue growth.
Gross margins are likely to expand 80bp YoY to 53.4%.
Key issues to watch for
- Comments on consumer demand environment
- Pace of rural growth
- Performance of Lever Ayush- WIMI growth