Hindustan Unilever's 2023 Financial Power! #invest #investment #news #investmentadvice #investmoney

The Hindustan Unilever Limited (HUL) Annual Report 2023-24 provides important insights for potential investors. Here are the key highlights:

Financial Highlights (FY 2023-24):
Revenue: ₹59,579 crore (3% underlying sales growth)​(annual-report-2023-24-v2).
Profit After Tax (PAT): ₹10,114 crore​(annual-report-2023-24-v2).
EBITDA Margin: 23.8%​(annual-report-2023-24-v2).
Earnings Per Share (EPS): ₹43.05​(annual-report-2023-24-v2).
Dividend: ₹42 per share​(annual-report-2023-24-v2).
Key Considerations:
Market Leadership: HUL remains a dominant player in the Indian FMCG sector, with 9 out of 10 Indian households using its products.
Sustainability Initiatives: HUL continues to invest in sustainability, with a focus on net-zero emissions by 2039, recyclable packaging, and water conservation​(annual-report-2023-24-v2).
Innovation: The company is focusing on premiumization and digital commerce, especially in beauty, personal care, and home care products.
Conclusion:
HUL's stable financial performance, market leadership, strong dividend payout, and commitment to sustainability make it a potentially strong long-term investment.