CHAPTER - I

INTRODUCTION

Fast-moving consumer goods

Fast-moving consumer goods (FMCG), also known as consumer packaged
goods (CPG), are products that are sold quickly and at a relatively low cost.
Examples include non-durable household goods such as packaged foods,
beverages, toiletries, candies, cosmetics, over-the-counter drugs, dry goods, and
other consumables.

Fast moving consumer goods have a high inventory turnover and are contrasted
with specialty items which have lower sales and higher carrying charges. Many
retailers carry only FMCGs; particularly hypermarkets, big box stores and
warehouse club stores. Small convenience stores also stock fast moving goods;
the limited shelf space is filled with higher turnover items.

Consumer Packaged Goods or CPG are, typically, low-value products with a

regular high turnover of product.

Individually they often have a low profit margin – but because of the
likelihood of bulk sales, they can be very profitable.

Fast-moving consumer goods generally carry shorter shelf lives, are bought
for everyday consumption and encourage customer loyalty. Thus, companies
in this sector trade at high volumes which means vast distribution networks, low-

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contribution techniques and high stock turnovers are fundamental to their
success.

Below we look at the 20 top FMCG companies in the world

(based on their market capitalization value). We have listed

1. Altria Group – Market Cap $106.4bn

A US-based tobacco and cigarette company that includes Philip Morris USA
and the Smokeless Tobacco Company. Altria Group also owns John Middleton,
Nat Sherman and Nu-Mark, which makes e-vapour products.

2. Anheuser-Busch InBev SA – $164.3bn

A Belgium-based multinational beer-brewing company with over 500 brands
across the world.

3. Archer-Daniel-Midland – $24.2bn
With customers in over 170 countries, Archer-Daniel-Midland is one of the
world’s biggest food- and ingredient-processing companies.

4. British American Tobacco (BAT) – $93.6bn

A global cigarette and tobacco-producing company based in London, and the
largest publicly traded tobacco company in the world. BAT is a market leader
in over 50 countries and is present in around 180 countries.

5. Unilever – $154.7bn
One of the largest and most-recognised FMCG companies. On an average
day, 2.5 billion people use Unilever products for both personal and home
care.

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6. Tyson Foods – $19.3bn
A food company that processes and markets chicken, mutton and beef.
Company headquarters are in Arkansas, USA.

7.Christian Dior – $83.9bn

Producer of iconic French luxury goods, this is the world's largest luxury group
with a strong presence all over the world. The label designs predominantly for
women, but also has a Dior Homme division for men and a Dior Baby label.

8. Diageo – $98.2bn
A UK-based alcoholic beverages company that owns more than 200 brands in
180 countries.

9. Constellation Brands – $32.4bn

A major alcoholic beverages company specialising in the production and
distribution of beers, wines and spirits.

10. Conagra Brands – $11.2bn

A US-based packaged foods company that produces many major brands.

11. Johnson & Johnson – $366.4bn

A US-based company manufacturing consumer goods, medical devices and
equipment, plus pharmaceutical products. Has a substantial presence in more
than 60 countries.

12. Kering – $71.5bn

Founded in 1963, Kering is an international luxury group based in Paris,
France. It owns multiple luxury goods brands such as Gucci, Yves Saint
Laurent, Balenciaga and Alexander McQueen, to name a few

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13. The Kellogg’s Company – $18.7bn
A giant of the cereal world for over 100 years, Kellogg's is an American food
manufacturing company with global appeal.

14. LG H&H – $20.2bn

Manufacturer of cosmetics, household goods and beverages, with headquarters
in South Korea.

15. WH Group – $14.9bn

China-based meat- and food-processing company with headquarters in Hong
Kong.

16. Wilmar International – $15.5bn

Operating since 1991, this is Asia’s leading agricultural business group. It is
highly placed in the Singapore Exchange, specialising in the processing of
various oils and sugar.

17. Yili – $24.2bn

A dairy company producing a variety of milk products with headquarters in
Hohhot, China.

18. Japan Tobacco (JT) – $45.1bn

A tobacco and cigarette producing company with headquarters in Tokyo,
Japan.

19. Kao Corporation – $37.8bn

Kao manufactures consumer products related to cosmetics and chemicals. It
produces and markets its products globally, with headquarters in Japan.

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20. Shiseido – $27.8bn
The Japanese multinational, Shiseido Company, specialises in personal care,
producing everything from fragrances and cosmetics to skin care and hair
care products.

Characteristics
The following are the main characteristics of FMCGs:
1.From the consumer perspective:

1. Frequent purchases

2. Low engagement (little or no effort to choose the item),

3. Low prices,

4. Short shelf life,

5. Rapid consumption.

2.From the marketer perspective:

▪ High volumes,

▪ Low contribution margins,

▪ Extensive distribution,

▪ High inventory turnover.

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Types of FMCG

FMCGs can be divided into several different categories, including:

• Processed foods: Cheese products, cereals, and boxed pasta

• Prepared meals: Ready-to-eat meals

• Beverages: Bottled water, energy drinks, and juices

• Baked goods: Cookies, croissants, and bagels Fresh foods, frozen foods,
and dry goods: Fruits, vegetables, frozen peas and carrots, and raisins and
nuts.

• Medicines: Aspirin, pain relievers, and other medication that can be

purchased without a prescription

• Cleaning products: Baking soda, oven cleaner, and window and glass
cleaner.

• Cosmetics and toiletries: Hair care products, concealers, toothpaste, and

soap.

• Office supplies: Pens, pencils, and markers.

Rural consumers

Consumers in rural areas typically purchase goods from nearby towns and
villages. Recently, there has been a shift in consumer purchase behaviour toward
purchasing locally that has prompted the need for better local promotional efforts
to generate brand awareness in small towns. FMCGs play a large part in the
economy, as they are inelastic products that touch every part of consumer life.
Businesses that supply FMCGs to a rural community can help provide
employment opportunities and drive down the cost of such products in those rural

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areas. For instance, FMCGs represent the fourth-largest sector in the Indian
economy and generate employment for more than three million people in
downstream activities. The retail market for FMCGs includes businesses

ISIC definition

The retail market for FMCGs includes businesses in the following

International Standard Industrial Classification (ISIC) (Revision 3)
categories:
Supplier industries for FMCGs include:

ISIC 5211 retail sales in non-specialized stores.

ISIC 5219 other retail sales in non-specialized stores.

ISIC 5220 retail sales of food, beverages and tobacco in specialized stores.

ISIC 5231 retail sales of pharmaceutical and medical goods, cosmetic and toilet

articles.

ISIC 5251 retail sales via mail order houses.

ISIC 5252 retail sales via stalls and markets.

ISIC 5259 wholesale goods.

ISIC 5269 wholesale medical prescriptions.

Supplier industries for FMCGs include:

✿ 1511 meat and meat products.

✿ 1512 fish and fish products

✿ 1513 fruit and vegetables.

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✿ 1514 vegetable and animal oils and fats.

✿ 1520 dairy products.

✿ 1531 grain mill products.

✿ 1532 starches and starch products.

✿ 1533 animal feeds.

✿ 1541 bakery products

✿ 1542 sugar.

✿ 1543 cocoa, chocolate and sugar confectionery

✿ 1544 macaroni, noodles, couscous.

✿ 1549 other food products.

✿ 1551 spirits, ethyl alcohol

✿ 1552 wines.

✿ 1553 malt liquors and malt

✿ 1554 soft drinks, mineral waters.

✿ 1600 tobacco products.

✿ 2101 pulp, paper and paperboard

✿ 2102 corrugated paper, containers.

✿ 2109 other articles of paper and paperboard.

✿ 2424 soap and detergents, cleaning preparations, perfumes

✿ 2430 men's and women's inner garments, shaving gels, deodorants,

personal care, home care

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Fast-moving consumer electronics

Fast-moving consumer electronics are typically low-priced generic items with

many comparable alternatives offering similar functionality. Examples of
consumer electronics include mobile phones, MP3 players, game players,
earphones, headphones, OTG cables and digital disposable cameras

Financial statement

A financial statement is a collection of data organized according to logical and

consistent accounting procedures. its purpose is to convey an understanding of
some financial aspects of a business form. It may show a position at a moment
in time as in the case of a Balance sheet, or it may reveal series of activities
over a given period of time, as in the case of an Income statement.

Two basic financial statements prepared for the purpose of external reporting to
owners, investors and creditors are:

Balance Sheet (or Statement of Financial Position)

Profit and Loss account (or Income Statement).

For internal management purposes, that is planning and controlling. much more
information than contained in the published financial statements is needed.
Therefore, the financial accounting information is presented in different statements
and reports in such a way as to serve the internal needs of management.

Financial statement also called as financial report, refers to such statements as it

contains financial information of the enterprise. They are overall general purpose
entity statement, as they report financial position and operation results of an

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enterprise business at end of account period. As a matter of fact, these statements
reflect the total of the summary of the books of account.

Financial statements, essentially, are interim reports, presented annually and

reflect a division of the life of an enterprise into more or less arbitrary accounting
period more frequently in a year. The financial statements provide a summary of
the accounts of a business enterprise, the balance sheet reflecting the assets,
liabilities and capital as on a certain date and the income statement showing the
results of operations during a certain period".

Objectives of financial statements

Financial statements are prepared from the accounting records maintained by the
firm. The generally accepted accounting principles and procedures are followed to
prepare these statements. The objective of financial statements is to provide
information about the financial strength, performance and changes in financial
position of an enterprise that is useful to
a wide range of users in making economic decisions.

The basic objective of financial statements is to assist in decision making. The

various other objectives are:

• To provide reliable financial information about economic resources and

obligations of a business enterprise.

• To provide reliable financial information about changes in net resources

(resources minus obligations) of an enterprise that result from the profit-
directed activities.

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 • To provide financial information that assists in estimating the earning
potential of the enterprise.

• To provide other needed information about changes in economic

resources and obligations.

• To disclose, to the extent possible, other information related to the

financial statement that is relevant to statement users.

• Analysis can be made in many ways. Financial Ratios can be used to

understand and measure how well a company is doing in an area. Ratio
can be used to compare a company's position in different time periods.
Common size statements are used to compare different time periods of
the same company, as each line item is expressed as a ratio of another.
Trend analysis is helpful to understand the change in a company's
financial statements from one period to another.

SCOPE OF THE STUDY

The project is pertained to the company's data available for the past five years.
The conclusions are drawn from the analysis done with the Ratios, Working
capital requirement, and capital structure.

The study elucidates the financial position of the organization with respect to the
past five years data. It helps the organization find out its operational efficiency and
suggests for the proper utilization and allocation of each resources, to improve the
efficiency of the organization. t also shows the status of the organization at a given
period of time and the result of the operation made by the business during a
particular period. The study through the analysis reveals the pros and cons of
the organization's financial status. It enables the reader to understand the

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various financial aspects of the organization through uncomplicated
interpretation and findings for study purpose.

NEED FOR THE STUDY

The study is needed to assess the financial stability and solvency position of the
organization. It also needed to analysis the working capital management of the
company. The study is being carried out, as it is necessary to identify the over
utilization or under utilization of assets to the turnover of the company. The goal
of analysing financial statements is to assess the company's past performance,
current financial position, and to make predictions about the company's future
performance. The study aimed to assessing profitability and solvency position of
the organization

OBJECTIVE OF THE STUDY

This study has been made with the following objectives

• To trace the origin, development and pattern of management of the study

unit.

• To analyses the financial performance of the study unit.

• To summarize major findings and suggestions.

PERIOD OF THE STUDY

The study has been made for the period of five years from 2017-2018 to

2021 -2022.

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METHODOLOGY
Case study method has been followed for the study. This study is mainly based

on secondary data. The information has been gathered from the financial

statements, audit reports and records of the selected unit apart from various

magazines, news paper, Official websites, books and reports.

LIMITATION OF THE STUDY

The main sources of data are only the published reports of the HUL.No doubt the

annual published report incorporates complete information in quantitative terms of

the past performance of selected HUL. But the use of reports for analysis and

interpretation had its own limitations.

CHAPTER SCHEME
The present study Is organized into four chapters as per the details given below

 The first chapter deals with the design and execution of the study.

 The second chapter gives the profile of the study unit.

 The third chapter evaluates the financial performance of the HUL.

 The final chapter gives brief account of the findings of the study

followed by suggestions.

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 CHAPTER - II

PROFILE OF STUDY UNIT

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 HINDUSTAN UNILEVER LIMITED
( Headquarters - Mumbai )

Office Address:

Unilever House,
B. D. SAWANT MARG,
CHAKALA
ANDHERI EAST,
MUMBAI, MH – 400099
Email ID : comsec.hul@unilever.com

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Introduction to HUL
We’re driven by our purpose: to make sustainable living commonplace.

With nearly 90 years of heritage in India, Hindustan Unilever Limited

(HUL) is India’s largest fast-moving consumer goods company. On any given

day, nine out of ten Indian households use one or more of our brands, giving us a

unique opportunity to build a brighter future. We are known for our great brands,

the positive social impact we create and our belief in doing business the right

way.

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HUL works to create a better future every day and helps people feel good, look

good and get more out of life with brands and services that are good for them and

good for others.

With 50+ brands spanning categories such as fabric solutions, home and

hygiene, life essentials, skin cleansing, skincare, hair care, colour cosmetics,

oral care, deodorants, tea, coffee, ice cream & frozen desserts, foods and

health food drinks, the Company is a part of the everyday life of millions of

consumers across India.

Its portfolio includes leading household brands such as Lux, Lifebuoy, Surf

excel, Rin, Wheel, Glow & Lovely, Pond’s, Vaseline, Lakmé, Dove, Clinic

Plus, Sunsilk, Pepsodent, Closeup, Axe, Simple, Love Beauty Planet,

TRESemmé, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall’s, Horlicks

and Pureit. The Company has about 21,000 employees and has sales of INR

50,000+ crores (financial year 2021-22).

HUL is a subsidiary of Unilever, one of the world’s leading suppliers of Food,

Home Care, Personal Care and Refreshment products with sales in over 190

countries. Forbes rated HUL as the most innovative company in India and #8

globally.

Aon Hewitt recognised HUL as one of the best companies to work for and we

continue to be the ‘Employer of Choice’ across industries.

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Origin of HUL

William lever, 1ST Viscount Leverhulme & James Darcy lever

(1851-1925) (1854-1916)

In the summer of 1888, visitors to the Kolkata harbour noticed crates full of

Sunlight soap bars, embossed with the words "Made in England by Lever

Brothers". With it, began an era of marketing branded Fast Moving Consumer

Goods (FMCG). Soon after followed Lifebuoy in 1895 and other famous brands

like Pears, Lux and Vim. Vanaspati was launched in 1918 and the famous Dalda

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brand came to the market in 1937. In 1931, Unilever set up its first Indian

subsidiary, Hindustan Vanaspati Manufacturing Company, followed by Lever

Brothers India Limited (1933) and United Traders Limited (1935). These three

companies merged to form HUL in November 1956; and HUL offered 10% of its

equity to the Indian public, being the first among the foreign subsidiaries to do

so.The erstwhile Brooke Bond's presence in India dates back to 1900. By 1903,

the company had launched Red Label tea in the country. In 1912, Brooke Bond &

Co. India Limited was formed. Brooke Bond joined the Unilever fold in 1984

through an international acquisition. The erstwhile Lipton's links with India were

forged in 1898. Unilever acquired Lipton in 1972, and in 1977 Lipton Tea (India)

Limited was incorporated.Pond's (India) Limited had been present in India since

1947. It joined the Unilever fold through an international acquisition of

Chesebrough Pond's USA in 1986.

Since the very early years, HUL has vigorously responded to the stimulus of

economic growth. The growth process has been accompanied by judicious

diversification, always in line with Indian opinions and aspirations.

The liberalisation of the Indian economy, started in 1991, clearly marked an

inflexion in HUL's and the Group's growth curve. Removal of the regulatory

framework allowed the company to explore every single product and opportunity

segment, without any constraints on production capacity.

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Simultaneously, deregulation permitted alliances, acquisitions and mergers. In

one of the most visible and talked about events of India's corporate history, the

erstwhile Tata Oil Mills Company (TOMCO) merged with HUL, effective

from April 1, 1993. In 1996, HUL and yet another Tata company, Lakmé

Limited, formed a 50:50 joint venture, Lakmé Unilever Limited, to market

Lakmé's market-leading cosmetics and other appropriate products of both the

companies. Subsequently in 1998, Lakmé Limited sold its brands to HUL

and divested its 50% stake in the joint venture to the company.

HUL had formed a 50:50 joint venture with the US-based Kimberly Clark

Corporation in 1994, Kimberly-Clark Lever Ltd, which markets Huggies

Diapers & Kotex Sanitary Pads.

HUL also set up a subsidiary in Nepal, Unilever Nepal Limited (UNL), and its

factory represents the largest manufacturing investment in the Himalayan

kingdom. The UNL factory manufactures HUL's products like Soaps, Detergents

and Personal Products both for the domestic market and exports to India.

The 1990s also witnessed a string of crucial mergers, acquisitions and alliances

on the Foods and Beverages front. In 1992, the erstwhile Brooke Bond acquired

Kothari General Foods, with significant interests in Instant Coffee. In 1993, it

acquired the Kissan business from the UB Group and the Dollops Ice cream

business from Cadbury India.

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As a measure of backward integration, Tea Estates and Doom Dooma, two

plantation companies of Unilever, were merged with Brooke Bond. Then in

1994, Brooke Bond India and Lipton India merged to form Brooke Bond Lipton

India Limited (BBLIL), enabling greater focus and ensuring synergy in the

traditional Beverages business. 1994 witnessed BBLIL launching the Wall's

range of Frozen Desserts. By the end of the year, the company entered into a

strategic alliance with the Kwality Ice cream Group families and in 1995 the

Milkfood 100% Ice cream marketing and distribution rights too were acquired.

Finally, BBLIL merged with HUL, with effect from January 1, 1996. The

internal restructuring culminated in the merger of Pond's (India) Limited (PIL)

with HUL in 1998. The two companies had significant overlaps in Personal

Products, Speciality Chemicals and Exports businesses, besides a common

distribution system since 1993 for Personal Products. The two also had a

common management pool and a technology base. The amalgamation was done

to ensure for the Group, benefits from scale economies both in domestic and

export markets and enable it to fund investments required for aggressively

building new categories.

In January 2000, in a historic step, the government decided to award 74 per cent

equity in Modern Foods to HUL, thereby beginning the divestment of

government equity in public sector undertakings (PSU) to private sector partners.

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HUL's entry into Bread is a strategic extension of the company's wheat business.

In 2002, HUL acquired the government's remaining stake in Modern Foods.

HUL launched a slew of new business initiatives in the early part of 2000’s.

Project Shakti was started in 2001. It is a rural initiative that targets small

villages populated by less than 5000 individuals. It is a unique win-win initiative

that catalyses rural affluence even as it benefits business.

Hindustan Unilever Network, Direct to home business was launched in 2003 and

this was followed by the launch of ‘Pureit’ water purifier in 2004.

In 2007, the Company name was formally changed to Hindustan Unilever

Limited after receiving the approval of shareholders during the 74th AGM on 18

May 2007. Brooke Bond and Surf excel breached the Rs 1,000 crore sales mark

the same year followed by Wheel which crossed the Rs.2,000 crore sales

milestone in 2008.

On 17th October 2008 , HUL completed 75 years of corporate existence in

India. In January 2010, the HUL head office shifted from the landmark

Lever House, at Backbay Reclamation, Mumbai to the new campus in

Andheri (E), Mumbai.

On 15th November, 2010, the Unilever Sustainable Living Plan was officially

launched in India at New Delhi.

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In March, 2012 HUL’s state of the art Learning Centre was inaugurated at the

Hindustan Unilever campus at Andheri, Mumbai.

In April, 2012, the Customer Insight & Innovation Centre (CiiC) was

inaugurated at the Hindustan Unilever campus at Andheri, Mumbai

HUL completed 80 years of corporate existence in India on October 17th, 2013.

In 2013, HUL launched ‘Prabhat’ (Dawn) - a Unilever Sustainable Living

(USLP) linked program to engage with and contribute to the development of

local communities around its manufacturing sites. Also, Unilever’s first aerosol

plant in Asia was inaugurated in Khamgaon, Maharashtra in 2013.

In 2014, The ‘Winning in Many India’ operating framework, piloted in 2013,

launched nationally. Sales offices expanded from four to seven with the launch of

offices in Lucknow, Indore and Bangalore in addition to the existing sales offices

in Delhi, Kolkata, Mumbai and Chennai.

In 2015, HUL acquired Indulekha, a premium hair oil brand with strong

credentials around Ayurveda.

HUL announced signing of an agreement for the sale and transfer of its bread

and bakery business under the brand “Modern” to Nimman Foods Private

Limited.

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In 2016, HUL unveiled ‘Suvidha’ a first-of-its-kind urban water, hygiene and

sanitation community centre in Azad Nagar, Ghatkopar, one of the largest

slums in Mumbai.

A new state-of-the-art manufacturing facility was commissioned in Doom

Dooma Industrial Estate, Assam on 11th March 2017.

In 2018, HUL signed an agreement with Vijaykant Dairy and Food Products

Limited (VDFPL) and its group company to acquire its ice cream and frozen

desserts business consisting of its flagship brand ‘Adityaa Milk’ and front-end

distribution network across geographies.

In 2020, HUL announced acquisition of VWash, the market leader in female

intimate hygiene category to enter the currently under penetrated and rapidly

growing market segment.

In 2020, with the Merger of GSK Consumer Healthcare with Hindustan

Unilever Limited, Iconic health food drink brands – Horlicks and Boost enter

the foods & refreshment portfolio of HUL, making it the largest F&R business

in India. In 2022, HUL's turnover crossed the INR 50,000 Crore mark

In July 2022, Unilever India Limited's new Home Care factory and an automated

distribution centre were inaugurated in Sumerpur, Uttar Pradesh. The factory

is a zero-carbon factory and Unilever South Asia's first gender-balanced

factory.

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Sun Spoon Fish Dove

Bee Hand Flower DNA

25
Heart Particles Clothes Ice-cream

Recycle Frozen Container Sparkle

Sauces
Bowl (or) Hair
Tea
Spreads

Spice & Wave &

Palm tree flavours LIPS Liquid

26
Hindustan Unilever Logo

Unilever, the Anglo Dutch company with a portfolio of well known brands within

nutrition, hygiene and personal care. They appointed Wolff Olins to help create a

new brand for the company, clearly expressing its vitality mission. At the first

glance I thought it was put together well but at the same time perhaps trying to do

too much. I’ve always admired the way they neatly and symbolically put together

all those icons like shapes to form such a versatile logo.

That’s the beauty of this logo; up close it has so much meaning. It is the perfect

mix of practicality & significance

“The logo consist of 25 icons intricately woven together to

form a U”

1.) sun: The Sun evokes Unilever’s origins in port sunlight and can represent a

number of

Unilever brands.

2.) Spoon: A symbol of nutrition, tasting & cooking.

3.) Fish: Represents food, sea or fresh water.

4.) Dove: A symbol of freedom. It suggests a relief from daily chores and getting

more out of life.

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5.) Bee: Bees symbolises both environmental challenges & opportunities.

6.) Hand: A symbol of sensitivity, care and need. It represents both skin and

touch.

7.) Flower: Represents fragrance. It represents moisturisers or cream.

8.) DNA: Double helix DNA, key to healthy life.

9.) Wave: Symbolises cleanliness, freshness & vigour.

10.) Liquid: A reference to clean water & purity.

11.) Clothes: Represents fresh laundry and looking good.

12.) Tea: A plant or an extract of plant, such as tea. Also a symbol of growing &

farming.

13.) Lips: Represent beauty, looking good and taste.

1 4.) Recycle: Part of our commitment to sustain ability.

1 5.) Heart: A symbol o f love care and wealth

16.) Frozen: The plant is a symbol of freshness, the snow flake represents

freezing. A transformational symbol.

17.) Ice-cream: A treat, pleasure and enjoyment.

18.) Sparkle: Clean, healthy and sparkling with energy.

19.) Spice & flavours: Represents chilli or fresh ingredients.

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20.) Container: Symbolises packaging – a pot of cream associated with personal

care.

21.) Bowl: A bowl of delicious smelling food. It also represents a ready meal, hot

drink or soup.

22.) Sauces & spreads: Represents stirring. It suggests blending in flavours and

adding taste.

23.) Palm tree: A nurtured resource. It produces palm oil as well as any fruits

coconuts & dates also and also symbolises paradise.

24.) Hair: A symbol of beauty and looking good. Placed next to the floower it

evokes cleanliness and fragrance, placed near the hand it suggests softness.

25.) Particles: A reference to science, bubbles and fizzes.

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Awards & Recognition

Won 80+ Awards & Recognition

Client of the Year at Effies 2013 – 2014. It also received an award as a

'Conscious Capitalist of the Year' at the 2013 Forbes India Leadership

Awards

HUL won 12 awards overall with 4 Golds, 4 Silvers and 4 Bronzes at the 2013

Emvies Awards. In 2013, HUL ranked number two on the on Fortune India's

2013 '50 Most Admired Companies list'. and was declared the fourth most

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Respected Company in India in a survey conducted by Business World in

2013.

As per a 2015 Nielsen Campus Track-business school survey, Hindustan

Unilever emerged among the top employers of choice for B-school students

graduating that year.

It has often been called a 'Dream Employer' for application by B-School

students in India.

In 2012, HUL was recognised as one of the world's most innovative companies

by Forbes. With a ranking of number 6, it was the highest ranked FMCG

company.

Hindustan Unilever Limited (HUL) won the first prize at FICCI Water

Awards 2012 under the category of 'community initiatives by industry' for

Gundar Basin Project, a water conservationist initiative.

Hindustan Unilever Limited won 13 awards at the Emvies 2012 Media

Awards organised by the Advertising Club Bombay in September 2012.

The company received four awards at the Spikes Asia Awards 2012, held in

September. The awards included one Grand Prix one Gold Award and two

Silver Awards.

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HUL 's Chindwara Unit won the National Safety Award for outstanding

performance in Industrial Safety. These awards were instituted by the Union

Ministry of Labour and Employment in 1965.

HUL was one of the eight Indian companies to be featured on the Forbes list of

World's Most Reputed companies in 2007.

In July 2012, Hindustan Unilever Limited won the Golden Peacock

Occupational Health and Safety Award for 2012 in the FMCG category for

its safety and health initiatives and continuous improvement on key metrics.

Hindustan Unilever Limited is rated as best 3Ci Company which is registered

with National Industrial Classification Code 15140.

Pond's Talcum Powder's packaging innovation has secured a Silver Award at the

prestigious 24th DuPont Global Packaging Award, in May 2012.

The brand was recognized for cost and waste reduction.

In May 2012, HUL & Star Bazaar received the silver award for 'Creating

Consumer Value through Joint Promotional and Event Forecasting' at the

13th ECR Efficient Consumer Response Asia Pacific Conference.

In 2011, HUL was named the most innovative company in India by Forbes and

ranked 6th in the top 10 list of most innovative companies in the world.

32
Hindustan Unilever Ltd received the National Award for Excellence in

Corporate Governance 2011 of the Institute of Company Secretaries of India

(ICSI) for excellence in corporate governance.

In 2012, Hindustan Unilever emerged as the No. 1 employer of choice for B

School students who will graduate in 2012. In addition, HUL also retained the

'Dream Employer' status for the 3rd year running.

Hindustan Unilever ranked No. 2 in Fortune India's Most Admired

Companies list, which was released by Fortune India in partnership with the

Hay Group. The company received the highest scores for endurance and

financial soundness.

HUL was ranked 47th in The Brand Trust Report 2014 published by Trust

Research Advisory. 36 HUL brands also featured in the list including Lux,

Dove, Lipton, Vim, Kissan, Bru, Rexona, Close Up, Clinic Plus, Pond's,

Knorr, and Pepsodent among others.

HUL emerged as the top 'Dream Employer' as well as the top company

considered for application in the annual B-School Survey conducted by Nielsen

in November 2010.

This was the second successive year that HUL has been rated as the top 'Dream

Employer' in India.

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HUL has also emerged as the top employer of choice among the Top six Indian

Institutes of Management.

HUL won 3 awards at the 'CNBC Awaaz Storyboard Consumer Awards' in

2011 – Most Recommended FMCG Company of the Year; Most Consumer

Conscious Company of the Year and Digital Marketer of the Year.

The company was felicitated in April 2010 for receiving the highest number of

patents in the year 2009

Annual Intellectual Property Awards 2010.

In 2007, Hindustan Unilever was rated as the most respected company in India

for the past 25 years by Business world, one of India's leading business

magazines. The rating was based on a compilation of the magazine's annual

survey of India's most reputed companies over the past 25 years.

HUL is one of the country's largest exporters; it has been recognised as a

Golden Super Star Trading House by the Government of India

Leadership HUL

Board of Directors

Nitin Paranjpe – Non – Executive Chairman.

Sanjiv Mehta – Chief Executive Officer & Managing Director.

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Ritesh Tiwari – Executive Director, Finance & IT & Chief Financial Officer.

O.P.Bhatt – Independent Director.

Dev Bajpai – Executive Director, Legal & Corporate Affairs & company

secretary.

Sanjiv Misra – Independent Director.

Kalpana Morparia – Independent Director.

Leo Puri – Independent Director.

Ashish Gupta – Independent Director.

Ashu Suyash – Independent Director.

Management Committee

Sanjiv Mehta – Chief Executive Officer & Managing Director.

Ritesh Tiwari – Executive Director, Finance & IT & Chief Financial Officer.

Anuradha Razdan – Executive Director, Human Resources.

Srinandan Sundaram – Executive Director, Food & Refreshment.

Vibhav R Sanzgiri – Executive Director, Research & Development.

Kedar Lele – Executive Director, Customer Development.

Madhusudhan Rao – Executive Director, Beauty & Personal Care.

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Deepak Subramanian – Executive Director, Home Care.

Yogesh Kumar Mishra – Executive Director, Supply Chain.

Dev Bajpai – Executive Director, Legal & Corporate Affairs & company

secretary.

Audit Committee

O.P.Bhatt – Independent Director.

Sanjiv Misra – Independent Director.

Kalpana Morparia – Independent Director.

Ashish Gupta – Independent Director.

Ashu Suyash – Independent Director.

Corporate Social Responsibility Committee

Sanjiv Mehta – Chief Executive Officer & Managing Director.

Ritesh Tiwari – Executive Director, Finance & IT & Chief Financial Officer.

O.P.Bhatt – Independent Director.

Sanjiv Misra – Independent Director.

Kalpana Morparia – Independent Director.

Leo Puri – Independent Director.

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Nomination & Remuneration Committee

O.P.Bhatt – Independent Director.

Sanjiv Misra – Independent Director.

Kalpana Morparia – Independent Director.

Ashu Suyash – Independent Director.

Stakeholders Relationship committee

Sanjiv Mehta – Chief Executive Officer & Managing Director.

Ritesh Tiwari – Executive Director, Finance & IT & Chief Financial Officer.

O.P.Bhatt – Independent Director.

Leo Puri – Independent Director.

Environmental, Social & Governance Committee

Sanjiv Mehta – Chief Executive Officer & Managing Director.

O.P.Bhatt – Independent Director.

Kalpana Morparia – Independent Director.

Ashish Gupta – Independent Director.

Ashu Suyash – Independent Director.

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