Hindustan Unilever Q4 Preview: Price cuts, slow demand, regional competition to hurt topline

Published on 4/23/2024, 10:35:45 AM

Key points

The hike in royalty payments to parent Unilever are likely to adversely impact HUL's EBITDA margins, say experts HUL shares have sank around 8.5 percent over the past six months.
HL HL NSE/BSE Select NSE LIVE BSE LIVE Day High Day Low Volume (NSE) More × Hindustan Unilever (HUL) is expected to report subdued Q4 earnings, as rural demand remained muted, dragging volume growth during the quarter.
According to a Moneycontrol poll of nine brokerage estimates, the FMCG major is likely to report a revenue of Rs 14,913 crore, clocking an on-year fall of around one percent from Rs 15,053 crore in the same quarter of the previous year.
As per the poll, the consumer staples giant will see a profit of Rs 2,435 crore, down by almost four percent from the year-ago quarter.
The EBITDA margin expected to decline owing to higher royalty pay-outs, rising ad spends and lower...

Quick context: The hike in royalty payments to parent Unilever are likely to adversely impact HUL's EBITDA margins, say experts HUL shares have sank around 8.5 percent over the past six months.

Published Apr 23, 2024.

📌 Source: Moneycontrol

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