Unilever

Alan Jope

Fabian Garcia, former President and Chief Executive of Revlon, has been appointed President, Unilever North America. Conny Braams, EVP, Unilever Middle Europe, has been appointed to the new role of Chief Digital & Marketing Officer.

Graeme Pitkethly, Chief Financial Officer, was appointed an Executive Director to the Board of Unilever PLC in April 2016.

Ashok Sekhar Ganguly

The share price of Hindustan Unilever (HUL) declined over 3 percent on Thursday, a day after the company reported its earnings for the quarter ended December 2020, missing estimates. HUL reported a 19 percent rise in Q3FY21 net profit at Rs 1,921 crore from Rs 1,616 crore in the corresponding period of last fiscal.

This, along with a strong cash-generation ability and dividend payout, makes it a better pick in the large-cap FMCG space. At 0932 hours, Hindustan Unilever was quoting at Rs 2,399.85, down Rs 9.20, or 0.38 percent on the BSE. It is trading 4.17 percent below its 52-week high and 26.16 percent above its 52-week low.

While the group’s 3 to 5 per cent multi-year growth target is not earth shattering, Unilever does offer investors reliable, defensive growth, as well as income. Currently trading at 19 times consensus 2021 earnings, this doesn’t seem overly expensive in light of the long-term growth and income opportunity.

PB vs Industry: 500696 is overvalued based on its PB Ratio (11.9x) compared to the IN Household Products industry average (3.7x)….Price to Book Ratio.

Company is almost debt free.

2. Hindustan Unilever (NS: HLL ) Limited (HUL) – Is HUL a debt-free company? HUL is one of the largest fast-moving consumer goods company in India with over 80 years of operating history. This puts HUL in a unique position.

For a growing firm, debt plays a significant role in its financial performance….Best 10 Debt-Free Company Stocks To Invest In India 2021.

Debt Coverage: DMART has no debt, therefore it does not need to be covered by operating cash flow.

S&P 500 Companies With The Most Cash

When interest rates are on the rise, the company’s cost of borrowing funds also increases sharply. On the other hand, companies with low or zero debt are in a much better shape in such a scenario. As the cash outflow through interest payment is not much, these firms are able to keep their costs to a minimum.

A company can be considered debt-free if there is zero debt in its balance sheet. Generally, a debt-free company is considered a good company, as they have fewer liabilities to cover and can invest their funds for the company’s better performance.