HINDUSTAN UNILEVER SHARE PRICE: Target Achieved!!!

Hello and welcome back to one more interesting article wherein we’ll discuss the Hindustan Unilever share price which was analyzed earlier and has achieved the target predicted by us in a span of 43 days.

Let’s check the parameters which helped the Hindustan Unilever share price to achieve its total target of 16% approximately in 75 days.

BUSINESS ANALYSIS FOR TARGET ACHIEVEMENT

Hindustan Unilever share price came into focus when the company planned to hike the prices of selected items including soaps and detergents due to higher input costs. The price hike was done by the entire FMCG industry which did not hamper the share price a lot.

Ashu Suyash has become an independent director of Hindustan Unilever board which is considered as a great appointment and will strengthen the management of the board.

Hindustan Unilever saved € 1.2 billion of cost due to sustainable sourcing, eco-efficiencies at factories.

Unilever Plc had agreed to sell its tea business to CVC Capital Partners for a whopping $ 5.1 billion.

FINANCIAL ANALYSIS FOR TARGET ACHIEVEMENT

A number of events took place which ultimately helped the company to achieve its desired target.

Figures in Rs. Crores

Quarterly Results	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021
Sales	9841	10201	10364	10105	10103	9211	10731	11683	12181	12433	12194	13046
Expenses	7748	7807	7640	7597	7574	7119	8036	8758	9218	9391	9273	9820
Operating Profit	2093	2394	2724	2508	2529	2092	2695	2925	2963	3042	2921	3226
OPM %	0.21	0.23	0.26	0.25	0.25	0.23	0.25	0.25	0.24	0.24	0.24	0.25
Other Income	15	49	152	70	5	205	35	10	3	123	39	51
Interest	9	7	27	34	27	30	31	31	44	11	13	28
Depreciation	143	144	229	254	248	271	257	265	286	266	260	281
Profit before tax	1956	2292	2620	2290	2259	1996	2442	2639	2636	2888	2687	2968
Tax %	0.26	0.31	0.31	0.21	0.28	0.24	0.22	0.25	0.26	0.24	0.22	0.26
Net Profit	1440	1571	1792	1814	1627	1515	1898	1974	1937	2186	2097	2181
EPS in Rs	6.65	7.26	8.28	8.38	7.52	7	8.08	8.4	8.24	9.3	8.92	9.28

In September 2021, the company reported a sales of ₹ 13,046 which is an increase of 10% from the sales registered in the year ago period.

The expenses have also increased gradually but it is evident that the company is using the revenue to increase its business.

Net profit is also increasing steadily which shows the focus of the company on the growth aspect.

The company had acquired a borrowing of ₹ 1,129 Cr in the quarter ended 30-09-21 but this is not of any concern as the company is using it for growing its business.

Figures in Rs. Crores

Balance Sheet	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Sep 2021
Share Capital	216	216	216	216	216	216	216	216	216	235	235
Reserves	3465	2649	3321	3811	6357	6528	7065	7651	8013	47439	47723
Borrowings	0	25	46	43	177	277	0	99	0	0	1129
Other Liabilities	7726	9202	10171	10359	8043	8685	10581	10663	11924	21066	20289
Total Liabilities	11407	12092	13754	14430	14793	15706	17862	18629	20153	68740	69376
Fixed Assets	2263	2431	2746	2821	3258	4419	4528	4715	5479	51443	51473
CWIP	228	222	373	516	408	229	461	406	597	745	922
Investments	2322	2252	2838	3025	2592	3794	2873	2716	1255	2709	2308
Other Assets	6595	7186	7797	8067	8535	7264	10000	10792	12822	13843	14673
Total Assets	11407	12092	13754	14430	14793	15706	17862	18629	20153	68740	69376

SHARE HOLDING SYNOPSIS

Share Holding pattern	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021
Promoters	67.19	67.19	67.18	67.18	67.18	67.18	61.9	61.9	61.9	61.9	61.9	61.9
FIIs	11.96	11.83	12.06	12.4	12.32	12.1	14.81	14.54	14.92	14.95	15.11	15.45
DIIs	7.44	7.03	6.93	6.67	6.68	6.67	8.34	10.82	10.72	10.68	10.75	10.48
Public	13.41	13.95	13.82	13.74	13.82	14.05	14.95	12.74	12.46	12.47	12.24	12.17

Promoters have maintained their position in this stock.

But there is an interest shown by FIIs which is showcased by their action of increasing the stake and currently FIIs have 15.45%.

Now, let’s deep dive into the technicalities of Hindustan Unilever share price.

CHART PATTERN ANALYSIS

During the prior analysis we had highlighted the formation of the cup and handle pattern. Retest took place on the supply zone which is highlighted in the stock analysis.

Click here for previous analysis on Hindustan Unilever share price.

The time we did the analysis of this company, the breakout was achieved.

Hindustan Unilever share price did achieve its target of ₹ 2,573 and rallied till ₹ 2,860 showcasing a whooping target achievement of 16%.

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