COMMON SIZE ANALYSIS: HUL PROFIT AND LOSS STATEMENT.

YEARLY RESULTS OF HUL (in MAR '20 MAR '19 MAR '18 MAR '17 MAR '16
Rs. Cr.)
Net Sales/Income from operations 38,785.00 38,224.00 35,218.00 34,487.00 33,491.00

Other Operating Income 733 664.00 569.00 526 564

Total Income From Operations 39,518.00 38,888.00 35,787.00 35,013.00 34,055.00
EXPENDITURE
Consumption of Raw Materials 11,572.00 13,240.00 12,491.00 11,363.00 11,267.00
Purchase of Traded Goods 6,342.00 4,708.00 3812 4166 3951
Increase/Decrease in Stocks -121 12 -71 156.00 87
Finance costs 106 28 20 22 15
Employees Cost 1,691.00 1,747.00 1,745.00 1,620.00 1,573.00
Depreciation 938.00 524.00 478.00 396.00 321.00
Other Expenses 9,701.00 9,880.00 9,965.00 11,135.00 10,864.00
P/L Before Other Inc. , Int., Excpt. Items & Tax 9,289.00 8,749.00 7,347.00 6,155.00 5,977.00

Other Income 0 0.00 0 241 -31

P/L Before Int., Excpt. Items & Tax 9,289.00 8,749.00 7,347.00 6,396.00 5,946.00
Interest 0.00 0.00 0.00 0.00 0.00
P/L Before Exceptional Items & Tax 9,289.00 8,749.00 7,347.00 6,396.00 5,946.00
Exceptional Items -197.00 -227.00 -62.00 0 0.00
P/L Before Tax 9,092.00 8,522.00 7,285.00 6,396.00 5,946.00
Tax 2354 2,486.00 2,048.00 1,906.00 1809
P/L After Tax from Ordinary Activities 6,738.00 6,036.00 5,237.00 4,490.00 4,137.00
Prior Year Adjustments 0 0.00 0 0 0
Extra Ordinary Items 0 0.00 0 0 0
Net Profit/(Loss) For the Period 6,738.00 6,036.00 5,237.00 4,490.00 4,137.00

YEARLY RESULTS OF HUL (in MAR '20 MAR '19 MAR '18 MAR '17 MAR '16
Rs. Cr.)
Net Sales/Income from operations 98.15 98.29 98.41 98.50 98.34
Other Operating Income 0.00 1.71 1.59 1.50 1.66

Total Income From Operations 100.00 100.00 100.00 100.00 100.00

EXPENDITURE
Consumption of Raw Materials 29.28 34.05 34.90 32.45 33.08
Purchase of Traded Goods 16.05 12.11 10.65 11.90 11.60
Increase/Decrease in Stocks -0.31 0.03 -0.20 0.45 0.26
Finance Cost 0.07 0.00 0.00 0.00 0.00
Employees Cost 4.28 4.49 4.88 4.63 4.62
Depreciation 2.37 1.35 1.34 1.13 0.94
Other Expenses 24.55 25.41 27.85 31.80 31.90
P/L Before Other Inc. , Int., Excpt. Items & Tax 23.51 22.50 20.53 17.58 17.55
Other Income 0.00 0.00 0.00 0.69 -0.09
P/L Before Int., Excpt. Items & Tax 23.51 22.50 20.53 18.27 17.46
Interest 0.00 0.00 0.00 0.00 0.00
P/L Before Exceptional Items & Tax 23.51 22.50 20.53 18.27 17.46
Exceptional Items -0.50 -0.58 -0.17 0.00 0.00
P/L Before Tax 23.01 21.91 20.36 18.27 17.46
Tax 5.96 6.39 5.72 5.44 5.31
P/L After Tax from Ordinary Activities 17.05 15.52 14.63 12.82 12.15
Prior Year Adjustments 0.00 0.00 0.00 0.00 0.00
Extra Ordinary Items 0.00 0.00 0.00 0.00 0.00
Net Profit/(Loss) For the Period 17.05 15.52 14.63 12.82 12.15
EMENT.

100
 HUL : PROFITABILITY RATIOS

Profitability ratios(based
on income statement

desired MAR '20 MAR '19 MAR '18 MAR '17

units
1) net profit margin trend
net profit after taxes
total income % 17.05 15.52 14.63 12.74

2) gross profit margin

gross profit
total income from
operations % 54.97 53.82 54.64 55.20

3) operating profit margin

operating profit
revenue from operations % 23.51 22.50 20.53 17.58

4) EBIDTA

earnings before intrst,

depreciation&amortisation
revenue from operations % 25.88 23.85 21.87 18.71
MAR '16 actual
trend

12.16

55.06

17.55

18.49
 HUL MARKET VALUE MEASURES
Desired MAR '20
1) TURNOVER GROWTH Units
(OVER PREVIOUS YEAR) trend
TURNOVER CY - TURNOVER PY
TURNOVER PY % 1.47

2)EBIT GROWTH OVER

PREVIOUS YEAR
EBIT CY-EBIT PY
EBIT PY % 6.17

3)PAT GROWTH OVER

PREVIOUS YEAR

PAT CY - PAT PY %
PAT PY 11.63

COMMENTS/OBSERVATIONS
MAR '19 MAR '18 MAR '17 MAR '16
Actual trend

8.54 2.12 2.97 _

19.08 19.37 2.98 _

15.26 16.64 8.53 _