HUL company profile

INTRODUCTION LIMITED

TO

HINDUSTAN

UNILEVER 

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 brand came to the market in 1937. In 1931, 1931, Unilev Unilever er set up its first first Indian Indian subsid subsidiar iary, y, Hindust Hindustan an Vanasp Vanaspati ati Manufa Manufactu cturi ring ng Compan Company, y, follow followed ed by Lever Lever Brothe Brothers rs India India Limit Limited ed (1933) (1933) and United United Trader Traderss Limit Limited ed (1935) (1935).. These These three three companies merged to form HUL in November 1956; HUL offered 10% of its equity to the Indian public,   being the first among the foreign subsidiaries to do so. Unilever now holds 52.10% equity in the company. The rest of the shareholding is distributed among about 360,675 individual shareholders and financial institutions. The erstwhile erstwhile Brooke Bond's presence in India dates back to 1900. By 1903, the company had launched 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 co nstraints on production capacity. 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 1995, HUL and yet another Tata company, Lakme Limited, formed a 50:50 joint venture, Lakme Unilever Limited, to market Lakme's market-leading cosmetics and

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other appropriate products of both the companies. Subsequently in 1998, Lakme Limited sold its brands to HUL and divested its 5 0% stake in the joint venture to the company. HUL formed a 50:50 joint venture with the US-based Kimberly Clark Corporation in 1994, KimberlyClark Lever Ltd, which markets Huggies Diapers and Kotex Sanitary Pads. HUL has also set up a subsidiary in Nepal, Unilever Nepal Limited (UNL), and its factory represents the largest manufacturing invest investmen mentt in the Himala Himalayan yan kingdom kingdom.. The UNL factor factory y manufa manufactu ctures res HUL's HUL's product productss like like Soaps, Soaps, Dete Deterrgent gentss and and Per Persona sonall Produc oductts bot both for for the dom domest estic mar market ket and and expo export rtss to Indi India. a. The 1990s 1990s also also witnes witnessed sed a string string of crucia cruciall merger mergers, s, acquis acquisiti itions ons and allian alliances ces on the Foods and Beverages front. In 1992, the erstwhile Brooke Bond acquired Kothari General Foods, with significant interests interests in Instant Coffee. In 1993, it acquired the Kissan business from the UB Group and the Dollops Dollops Icecream business from Cadbury India. As a measure of backward integration, Tea Estates and Doom Dooma, two plantation companies of  Unilever, were merged with Brooke Bond. Then in July 1993, 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 Icecream Group families and in 1995 the Milkfood 100% Icecream marketing and distribution rights too were acquired. Finall Finally, y, BBLIL BBLIL merged merged with with HUL, HUL, with with effect effect from from Januar January y 1, 1996. 1996. The intern internal al restr restruct ucturi uring ng culminated in the merger of Pond's (India) Limited (PIL) with HUL in 1998. The two companies had signif significa icant nt overla overlaps ps in Person Personal al Produc Products, ts, Specia Specialit lity y Chemic Chemicals als and Export Exportss busine businesse sses, s, beside besidess 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 econo economi mies es both both in dome domest stic ic and expo export rt mark market etss and and enabl enablee it to fund fund inve invest stme ment ntss requi require red d for  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. 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. In 2003, HUL acquired the Cooked Shrimp and Pasteurised Crabmeat business of the Amalgam Group of  Companies, a leader in value added Marine Products exports.

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OVER 100 YEARS LINK WITH INDIA YEAR EAR MILES ILESTO TONE NES S 1888

Sunlight soap introduced in India.

1895

Lifebuoy soap launched; Lever Brothers appoints agents in Mumbai, Chennai, Kolkata, and Karachi.

1902

Pears soap introduced in India.

1903

Brooke Bond Red Label tea launched.

1905

Lux flakes introduced.

1913

Vim scouring powder introduced.

1914

Vinolia soap launched in India.

1918

Vanaspati introduced by Dutch margarine manufacturers like Van den Berghs, Jurgens, Verschure Creameries, and Hartogs.

1922

Rinso soap powder introduced.

1924

Gibbs dental preparations launched.

1925

Lever Brothers gets full control of North West Soap Company.

1926

Hartogs registers Dalda Trademark.

1930

Unilever is formed on January 1 through merger of Lever Brothers and Margarine Unie.

1931

Hindustan Hindustan Vanaspati Vanaspati Manufacturi Manufacturing ng Company Company registered registered on November November 27; Sewri factory site bought.

1932

Vanaspati manufacture starts at Sewri.

1933

Application made for setting up soap factory next to the Vanaspati factory at Sewri; Lever  Brothers India Limited incorporated on October 17.

1934

Soap manufacture begins at Sewri factory in October; North West Soap Company's Garden Reach Factory, Kolkata rented and expanded to produce Lever brands.

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a brand. 1941

Agencies in Mumbai, Chennai, Kolkata and Karachi taken over; company acquires own sales force.

1942

Unilever takes firm decision to "train Indians to take over junior and senior management  positions instead of Europeans".

1943

Personal Products manufacture begins in India at Garden Reach Factory.

1944

Reorganisat Reorganisation ion of the three companies companies with common management but separate separate marketing marketing operations.

1947

Pond's Cold Cream launched.

1951

Mr. Prakash Tandon becomes first Indian Director. Shamnagar, Tiruchy, and Ghaziabad Vanaspati factories bought.

1955

65% of managers are Indians.

1956

Three companies merge to form Hindustan Unilever Limited, with 10% Indian equity  participation.

1957

Unilever Special Committee approves research activity by Hindustan Unilever.

1958

Research Unit starts functioning at Mumbai Factory.

1959

Surf launched.

1961

Mr. Prakash Tandon takes over as the first Indian Chairman; Chairman; 191 of the 205 managers are Indians.

1962

Formal Exports Department starts.

1963

Head Office building at Backbay Reclamation, Mumbai, opened.

1964

Etah dairy set up, Anik ghee launched; Animal feeds plant at Ghaziabad; Sunsilk shampoo launched.

1965

Signal toothpaste launched; Indian shareholding increases to 14%.

1966

Lever's baby food, more new foods introduced; Nickel catalyst production begins; Indian shareh sharehold olding ing increa increases ses to 15%. 15%. Statut Statutory ory price price contro controll on Vanasp Vanaspati ati;; Taj Mahal Mahal tea launched.

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1969

Rin bar launched; Fine Chemicals Unit starts production; Bru coffee launched

1971

Mr. V. G. Rajadhyaksha presents plan for diversification into chemicals to Unilever Special Committee - plan approved; Clinic shampoo launched.

1973

Mr. T. Thomas takes over as Chairman from Mr. V. G. Rajadhyaksha.

1974

Pilot plant for industrial chemicals at Taloja; informal price control on soaps withdrawn; Liril marketed.

1975

Ten-year modernisation plan for soaps and detergent plants; Jammu project work begins; statut statutory ory price price control control on Vanasp Vanaspati ati and baby baby foods foods withdr withdrawn; awn; CloseClose-up up toothp toothpast astee launched.

1976

Constr Construct uction ion work work of Haldia Haldia chemic chemicals als comple complex x begins begins;; Taloja Taloja chemic chemicals als unit unit begins begins functioning.

1977

Jammu synthetic Detergents plant inaugurated; Indian shareholding increases to 18.57%.

1978

Indian shareholding increases to 34%; Fair & Lovely skin cream launched.

1979

Sodium Tripolyphospate plant at Haldia commissioned.

1980

Dr. A. S. Ganguly takes over as Chairman from Mr. T. Thomas; Unilever shareholding shareholding in the company comes down to 51%.

1982

Government allows 51% Unilever shareholding.

1984

Foods, Animal Feeds businesses transferred to Lipton.

1986

Agri-products unit at Hyderabad starts functioning - first range of hybrid seeds comes out; Khamgaon Soaps unit and Yavatmal Personal Products unit start production.

1988

Launch of Lipton Taaza tea.

1990

Mr. S. M. Datta takes over as Chairman from Dr. A. S. Ganguly.

1991

Surf Ultra detergent launched.

1992

HUL recognised by Government of India as Star Trading House in Exports.

1993

HUL's largest competitor, competitor, Tata Oil Mills Company (TOMCO), merges with the company with effect from April 1, 1993, the biggest such in Indian industry till that time. Merger  ultimately accomplished in December 1994; Launch of Vim bar; Kissan acquired from the UB Group.

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Milkfood 100% brandnames and distribution assets. HUL introduces Wall's. 1995

HUL and Indian cosmetics major, Lakme Ltd., form 50:50 joint venture - Lakme Lever  Ltd.; HUL enters branded staples business with salt; HUL recognised as Super Star Trading House.

1996

Mr. K. B. Dadiseth takes over as Chairman from Mr. S. M. Datta; Merger of Group company, Brooke Bond Lipton India Limited, with HUL, with effect from January 1; HUL introduces branded atta; Surf Excel launched.

1997

Unilever sets up International Research Laboratory in Bangalore; new Regional Innovation Centres also come up.

1998

Group company, Pond's India Ltd., merges with HUL with effect from January 1, 1998. HUL acquires Lakme brand, factories and Lakme Ltd.'s 50% equity in Lakme Lever Ltd.

2000

Mr. M. S. Banga takes over as Chairman from Mr. K. B. Dadiseth, who joins the Unilever  Board; HUL acquires 74% stake in Modern Food Industries Ltd., the first public sector  company to be disinvested by the Government of India.

2002

HUL enters Ayurvedic health & beauty centre category with the Ayush range and Ayush Therapy Centres.

2003

Launch of Hindustan Lever Network; acquisition o f the Amalgam Group

2005

Launch of "Pureit" water purifiers

2006

Brookefields food operations moved to Mumbai

2007

Company Company name name formal formally ly changed changed to Hindus Hindustan tan Unilev Unilever er Limite Limited d after after receiv receiving ing the approval of share holders during the 74th AGM on 18 May 2007 Sales of Brooke Bond and Surf Excel each cross the Rs 1,000 crore mark 

2008

HUL completes 75 years on 17th October 2008

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PRESENT STATURE

Hindustan Unilever Limited (HUL) is India's largest Fast Moving Consumer Goods Company, touching the lives of two out of three Indians with over 20 distinct distinct categories categories in Home & Personal Personal Care Products and Foods & Beverages. The company’s Turnover is Rs. 20, 239 crores (for the 15 month period –  January 2008 to March 31, 2009) . HUL is a subsidiary of Unilever, one of the world’s leading suppliers of fast moving consumer goods with strong local roots in more than 100 countries across the globe with annual sales of €40.5 billion in 2008. Unilever has about 52% shareholding in HUL. Hindustan Unilever was recently rated among the top four companies globally in the list of “Global Top Compan Companies ies for Leader Leaders” s” by a study study sponso sponsored red by Hewitt Hewitt Associat Associates, es, in partne partnersh rship ip with with Fortun Fortunee magazine and the RBL Group. The company was ranked number one in the Asia-Pacific region and in India. The mission that inspires HUL's more than 15,000 employees, including over 1,300 managers, is to “add vitality to life". The company meets everyday needs for nutrition, hygiene, and personal care, with brands that help people feel good, look good and get more out of life. It is a mission HUL shares with its parent company, Unilever, which holds 52.10% of the equity. HUL’s heritage dates back to 1888, when the first Unilever product, Sunlight, was introduced in India. Local manufacturing began in the 1930s with the establishment of subsidiary companies. They merged in 1956 to form Hindustan Lever Limited (The company was renamed Hindustan Unilever Limited on June

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on hygiene, nutrition, enhancement of livelihoods, reduction of greenhouse gases and water footprint. It is also involved in education and rehabilitation of special or underprivileged children, care for the destitute and HIV-positive, and rural development. HUL has also responded in case of national calamities / adver adversi siti ties es and and contr contrib ibut utes es thro through ugh vari variou ouss welf welfar aree meas measur ures es,, most most rece recent nt being being the the reli relief ef and and rehabilitation of the people affected by the Tsunami disaster, in India. HUL’s HUL’s Proje Project ct Shakti Shakti is a rural rural initia initiativ tivee that that target targetss small small villag villages es popula populated ted by less less than than 2000 individuals. Through Shakti, HUL is creating micro-enterprise opportunities for rural women, thereby improving their livelihood and the standard of living in rural communities. Shakti also provides health and hygiene education through the Shakti Vani programme. The program now covers 15 states in India and has over 45,000 women entrepreneurs in its fold, reaching out to 100,000 villages and directly reaching to 150 million rural consumers. HUL also runs a rural health programme, Lifebuoy Swasthya Chetana. The programme endeavours to induce adoption of hygienic practices among rural Indians and aims to bring down the incidence of  diarrhoea. It has already touched 120 million people in approximately 50, 676 villages across India. If Hindustan Unilever straddles the Indian corporate world, it is because of being single-minded in identifying itself with Indian aspirations and needs in every walk of life.

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RESEARCH METHODOLOGY 2.1

Statement of the Research

To pr prep epar aree Co Comp mpan any y pr prof ofil ilee an and d an anal alyz yzee it itss Se Seco cond ndary ary da data ta an and d to dr draw aw conclusions.

2.2

Purpose of the study

Company Profile Study followed of Hindustan Unilever Ltd. Followed by its SWOT analysis. 2.3

Objectives 

To do company analysis based on.  P/L account  Balance Sheet  Cash flows.  quaterly, half yearly, nine monthly results  raw material data.

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2.8

Data Collection Tool

The data for the purpose of the study has been collected through secondary sources such as books, articles, internet, leaflets, dealers etc. 2.9

Research Instrument

Keeping in mind the objectives of study, I have drawn various conclusions.

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MISSION Unilever's mission is to add Vitality to life. We meet everyday needs for nutrition, hygiene, and  personal care with brands that help people feel good, look good and get more out of life.

CODE OF BUSINESS PRINCIPLES Introduction

Unilever has earned a reputation for conducting its business with integrity and with respect for all those whom our activities affect. This reputation is an asset, just as valuable as our people and our brands. To maintain this reputation requires the highest standards of behaviour – consistently observed by all of  us. Unilever’s Code of Business Principles sets out these standards and we expect all our employees to adhere to them. Being a successful business does not just mean investing for growth and balancing short and long term interests. It also means caring about our consumers, employees and shareholders, our business partners and the world in which we live. We therefore want this Code to be more than a collection of high sounding statements. It must have  practical value in our day-to-day business lives and each of us must follow these principles both in the spirit and the letter. If we do so, Unilever’s reputation will be enhanced, our business will perform better and our professional lives will be all the more fulfilling.

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Employees

Unilever is committed to diversity in a working environment where there is mutual trust and respect and wher wheree ever every yone one feel feelss respo espons nsiible ble for for the perf perfor orm mance ance and and repu reputa tattion of our our com company pany.. We will recruit, employ and promote employees on the sole basis of the qualifications and abilities needed for the work to be performed. We are committed to safe and healthy working conditions for all employees. We will not use any form of  forced, compulsory or child labour. We are committed to working with employees to develop and enhance each individual's skills and capabilities. We resp respect ect the the dign dignit ity y of the the indi indivi vidu dual al and and the the right right of empl employ oyee eess to free freedo dom m of asso associ ciat atio ion. n. We will will mainta maintain in good good commun communicat ication ionss with with employ employees ees throug through h company company based based inform informati ation on and l i d

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Public Activities Unil Unilev ever er comp compan anie iess are are encou encoura rage ged d to prom promot otee and defe defend nd thei theirr legi legiti tima mate te busin busines esss inte intere rest sts. s.

Unilever will co-operate with governments and other organisations, both directly and through bodies such as trade associations, in the development of proposed legislation and other regulations which may affect legitimate business interests.

Unilever neither supports political parties nor contributes to the funds of groups whose activities are calculated to promote party interests. The Environment Unilever is committed to making continuous improvements in the management of our environmental impact and to the longer-term goal of developing a sustainable business.

Unilever will work in partnership with others to promote environmental care, increase understanding of  environmental issues and disseminate good practice.

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Compliance – Monitoring – Reporting Compliance with these principles is an essential element in our business success. The Unilever Board is responsible for ensuring these principles are applied throughout Unilever.

The Chief Executive Officer is responsible for implementing these principles and is supported in this by the Corporate Code Committee chaired by the Chief Legal Officer, Members of the Committee are the Group Secretary, the Chief Auditor, the SVP HR and the SVP Communications. The Global Code Officer  is Secretary to the Committee. The Committee presents quarterly updates to the Corporate Responsibility and Reputation and the Audit Committee, half-yearly reports to the Unilever Executive and an annual report to the Board. Day to day responsibility is delegated to all senior management of the regions, categories, functions and operating companies. They are responsible for implementing these principles, if necessary through more detail detailed ed guidan guidance ce tailor tailored ed to local local needs, needs, and are suppor supported ted in this this by Regiona Regionall Code Code Commit Committee teess comprising the Regional General Counsel together with representatives from all relevant functions and categories. Assurance of compliance is given and monitored each year. Compliance with the Code is subject to review by the Board supported by the Corporate Responsibility and Reputation Committee and for financial and accounting issues the Audit Committee.

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ENVIRONMENT POLICY Introduction

Hindustan Unilever Limited (HUL) supplies high quality goods and services to meet the daily needs of  consumers and industry. In doing so, the Company is committed to exhibit the highest standards of  corporate behaviour towards its consumers, employees, the societies and the world in which we live. The The comp company any recog recogni nise sess its its join jointt resp respons onsib ibil ilit ity y with with the the Gove Govern rnme ment nt and and the the Publ Public ic to prot protec ectt environment and is committed to regulate all its activities so as to follow best practicable means for  minimising adverse environmental impact arising out of its operations. The company company is commit committed ted to making making its produc products ts enviro environme nmenta ntally lly accepta acceptable, ble, on a scient scientifi ificall cally y established basis, while fulfilling consumers' requirements for excellent quality, performance and safety. The aim of the Policy is to do all that is reasonably practicable to prevent or minimise, encompassing all availab available le knowle knowledge dge and inform informati ation, on, the risk risk of an advers adversee enviro environme nmenta ntall impact impact arisin arising g from from processing of the product, its use or foreseeable misuse. This This Policy Policy docume document nt reflec reflects ts the continu continuing ing commit commitmen mentt of the Board Board for sound sound Enviro Environme nment nt

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Accordingly, HUL's aims are to: Ensure safety of its products and operations for the environment by using standards of environmental safety, which are scientifically sustainable and commonly acceptable. 

Develop, introduce and maintain environmental management systems across the company to meet the company standards as well as statutory requirements for environment. Verify compliance with these standards through regular auditing. 

Assess Assess environment environmental al impact impact of all its activities activities and set annual improvement improvement objectives objectives and targets targets and review these to ensure that these are being met at the individual unit and corporate levels. 



Reduce Waste, conserve Energy and explore opportunities for reuse and recycle.

Involve all employees in the implementation of this Policy and provide appropriate training. Provide for dissemination of information to employees on environmental objectives and performance through suitable communication networks. 

Encourage Encourage suppliers suppliers and co-packers co-packers to develop and employ employ environment environmentally ally superior processes processes and ingredients and co-operate with other members of the supply chain to improve overall environmental  performance. 

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Ensure implementation of HUL Policy on environment and compliance with Unilever and HUL environmental standards and the standards stipulated under relevant national / local legislation. When  believed to be appropriate, apply more stringent criteria than those required by law. 

Assess environmental impact of HUL operations and establish strategies for sound environment management and key implementation steps. 

Encourage development of inherently safer and cleaner manufacturing processes to further raise the standards of environment performance. 



Establish appropriate management systems for environment management and ensure regular auditing

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Ensu Ensure re that that all all new new oper operat atio ions ns are are subj subjec ecte ted d to a syst system emat atic ic and and form formal al anal analys ysis is to asse assess ss environmental impact. Findings of such exercises should be implemented prior to commencement of the activity. 

Manage change in People, People, Technology and Facilitie Facilitiess through through a planned approach approach based on training, training, risk assessment, pre-commissioning audits and adherence to design cod es. 

Regularly review environment performance of the unit against set objectives and targets and strive for  continual improvement. 



Sustai Sustain n a high high degree degree of environ environmen mental tal awarenes awarenesss through through regula regularr promot promotion ional al campai campaigns gns and

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Quality

is

fundamental

to

our

Business

Success

Unilever’s mission is to meet everyday needs for nutrition, hygiene and personal care with brands that help people feel good, look good and get more out of life. And a key requirement is building in the quality expectations of our consumers into our products. To win consumers’ confidence and loyalty, we need to consistently deliver branded products of  excellent quality. We understand the different needs of our consumers and customers and strive to develop and deliver superior brands to ensure that they’re the preferred choice. And by applying

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• Bu Buil ildi ding ng and and main mainta tain inin ing g exce excell llen entt syste systems ms to en ensur suree the the quali quality ty and and safe safety ty of our our products We’re proactively and continuously developing our systems and processes to ensure quality and safety throughout the whole value chain, and we’re setting a benchmark for the business. We  provide appropriate training and resources, and will ensure that we deliver our quality objectives and targets. We regularly measure and improve our performance using both internal and external measures.

We actively promote our Quality Policy and have a quality assurance organisation in place to ensure ensure consisten consistency cy and visibilit visibility y of quality quality standards standards,, processe processess and performan performance ce indicators indicators

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POLICY

ON

AFFIRMATIVE

ACTION

Hindustan Unilever Limited is a signatory to the CII Code of Conduct on Affirmative Action and affirms the recognition that its competitiveness is interlinked with the well being of all sections of  the Indian Society. The Company believes that equal opportunity in employment for all sections of the society is a component of its growth and competitiveness. It further believes that inclusive growth is a component of growth and development of the country.

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The Com

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employees, contractors and visitors in all its operating sites, which include manufacturing, sales and distribut bution research laboratories and off offices dur during work and work related trave avel

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applicable).

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e

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Yearly Results

------------------- in Rs. Cr. -------------------

Dec '05

Dec '06

Dec '07

Dec '08

Mar '09

Sales Tu Turnover

11,060.55

12,103.39

13,717.75

16,660.38

20,601.56

Other Income

304.78

354.52

462.68

--

205.55

Total Income

11,365.33

12,457.91

14,180.43

16,660.38

20,807.11

Total Ex Expenses

9,617.22

10,455.33

11,832.05

14,216.51

17,561.37

Operating Profit

1,443.33

1,648.06

1,885.70

2,443.87

3,040.19

Profit On Sale Of Assets

--

--

--

--

--

Profit On Sale Of Investments

---

--

--

--

--

Gain/Loss On Foreign Exchange --

--

--

--

--

VRS Adjustment

--

--

--

--

--

Other Extraordinary -Income/Expenses

--

--

--

--

Total Extraordinary 53.59 Income/Expenses

315.70

156.41

82.50

-25.11

Tax On Extraordinary Items

--

--

--

--

--

Net Extra Income/Expenses

--

--

--

--

--

Gross Profit

1,748.11

2,002.58

2,348.38

2,443.87

3,245.74

Interest

19.19

10.74

25.50

-162.18

25.32

PBDT

1,782.51

2,307.54

2,479.29

2,688.55

3,195.31

Depreciation

124.45

130.16

138.36

154.05

195.30

Depreciation On Revaluation Of  -Assets

--

--

--

--

PBT

2 177 38

2 340 93

2 534 50

3 000 01

Ordinary

1 658 06

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Depreciation for Previous Years -Written Back/ Provided

--

--

--

--

Dividend

--

--

--

--

--

Dividend Tax

--

--

--

--

--

Dividend (%)

--

--

--

--

--

Earnings Per Share

6.20

8.41

8.83

9.64

11.45

Book Value

--

--

--

--

--

Equity

220.12

220.68

217.75

217.95

217.99

Reserves

2,084.84

2,502.14

1,220.82

--

1,842.85

Face Value

1.00

1.00

1.00

1.00

1.00

Raw Materials

-------------------------------------

in

Product Name

Unit

Quantity

Value

Chemicals & Perfumes

Metric Tonnes

1,411,011

3,292.49

Oils, Fats & Resin

Metric Tonnes

339,192

1,440.86

Tea Leaf

Metric Tonnes

117,606

1,059.66

Others

Not Reported

NA

663.79

Coffee

Metric Tonnes

27,247

268.44

Total

Rs.

Cr.

Mar 2009

6725.24

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------------------------------------------

Finished Products

in

Rs.

Cr.

Product Name

Unit

Installed Capacity

Production Quantity

Personal Products

Metric Tonnes

108,6 108,624 24

6,54 6,548,2 8,242. 42.00 00 16,7 16,759, 59,72 728.0 8.00 0 5,616 5,616.1 .13 3

Det Deterg ergents Synth nthetic etic

Metr etric Tonnes

294, 294,01 013 3

1,10 1,106, 6,91 915. 5.00 00 1,52 1,528, 8,39 391. 1.00 00

4,90 4,908. 8.46 46

Soaps

Metric Tonnes

169,744

4,364.00

4,535.00

4,301.90

Tea

Metric Tonnes

157,000

80,140.00

127,878.00

2,156.72

Others

-

NA

NA

1,486.00

1,440.42

Coffee

Metric Tonnes

22,060

20,126.00

26,173.00

645.14

NA

44,567.00

47,175.00

483.06

Canned And Frui Fruits ts & Products

Processed Vege Vegeta tabl bles es

Sales Quantity

Mar 2009 Sales Value

Branded Staple Food

-

NA

NA

265,996.00

385.37

Service Income

-

NA

NA

NA

277.72

Frozen Foods & Agricultural Metric Products Tonnes

16,500

16.00

22.00

229.45

Special Chemicals

-

NA

NA

8,514.00

54.20

Processed (Tri Glycerides)/Hydrogenated Oils/Vanaspati

NA

NA

2,380.00

18.48

Cleaners

Litres

10,000,000 NA

NA

0.00

Scourers

Metric Tonnes

43,569

NA

NA

0.00

Processed Foods

-

NA

28,624.00

NA

0.00

1

0 00

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Fabric Softener

-

NA

NA

NA

0.00

Fatty Acids

Metric Tonnes

65,000

NA

NA

0.00

Other Fiscal Benefits

-

NA

NA

NA

0.00

Instant Tea

Metric Tonnes

4,553

1,508.00

NA

0.00

Glycerine (Refined)

Metric Tonnes

5,000

4,166.00

NA

0.00

Other Operating Income

-

NA

NA

NA

0.00

Total

20517.05

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Key Financial Ratios

------------------- in Rs. Cr. -------------------

Dec '04

Dec '05

Dec '06

Dec '07

Mar '09

Face Value

1.00

1.00

1.00

1.00

1.00

Dividend Per Share

5.00

5.00

6.00

9.00

7.50

Operating Profit Per Share (Rs) 7.00

7.19

8.18

9.54

13.60

Net Operating Profit Per Share 45.69 (Rs)

50.85

55.48

63.75

94.06

Free Reserves Per Share (Rs)

8.38

9.34

11.20

5.45

8.30

Bonus in Equity Capital

59.82

59.82

59.67

60.47

60.40

15.32

14.14

14.74

14.95

14.46

Profit Profit Befor Before e Inter Interest est And And Tax Tax 13.86 Margin(%)

12.87

13.50

13.78

13.35

Gross Profit Margin(%)

15.59

15.03

15.80

15.86

13.50

Cash Profit Margin(%)

12.86

13.52

15.99

13.56

12.54

Adjusted Cash Margin(%)

12.46

12.43

13.21

12.90

12.54

Net Profit Margin(%)

11.68

12.42

14.94

12.58

12.05

Adjusted Net Profit Margin(%)

11.28

11.33

12.16

11.91

12.05

Return On Capital Employed(%) 45.08

67.66

65.89

138.72

121.06

Return On Net Worth(%)

57.23

61.09

68.14

122.97

121.34

55.25

55.75

55.43

116.49

116.82

16.14

20.91

24.45

25.90

29.59

16.14

20.91

24.45

25.90

29.59

Return on Long Term Funds(%) 47.07

69.33

67.65

147.26

145.85

Investment Valuation Ratios

Profitability Ratios Operating Profit Margin(%)

Adjust Adjusted ed Worth(%)

Retur Return n

on

Net Net

Return on Assets Revaluations

Excluding

Return on Assets Revaluations

Including

Liquidity And Solvency Ratios

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Long Term Debt Equity Ratio

0.63

--

--

--

--

Interest Cover

12.36

83.27

171.62

83.09

118.70

Total Debt to Owners Fund

0.70

0.02

0.03

0.06

0.20

Financial Ratio

13.29

89.76

183.74

88.52

126.41

11.14

80.85

185.99

75.81

107.47

Inventory Turnover Ratio

6.97

8.57

8.02

7.20

9.26

Debtors Turnover Ratio

20.95

22.12

25.42

31.41

41.83

Investments Turnover Ratio

8.23

9.97

9.27

8.20

9.26

Fixed Assets Turnover Ratio

7.91

8.47

9.30

9.80

7.81

Total Assets Turnover Ratio

2.97

5.14

4.67

10.53

9.22

Asset Turnover Ratio

4.69

5.11

5.35

5.64

7.81

Average Raw Material Holding

80.44

66.11

68.95

84.20

72.27

Average Finished Goods Held

28.71

23.60

27.53

29.81

34.18

-40.83

-36.37

-42.05

1.58

53.83

55.12

54.61

54.34

55.50

Imported Composition of Raw 19.70 Materials Consumed

17.32

16.89

16.67

21.65

Debt Coverage Ratios

Charges

Coverage

Financial Charges Ratio Post Tax

Coverage

Management Efficiency Ratios

Number of Days In Working -6.56 Capital Profit & Loss Account Ratios Material Cost Composition

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Dec '04

Dec '05

Dec '06

Dec '07

Mar '09

Earnings Per Share

5.44

6.40

8.41

8.12

11.47

Book Value

9.50

10.47

12.34

6.61

9.45

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From To

Authorised Issued

Shares (nos)

Face Value

Capital

2008 2009 Equity Share 214.75

214.75

2147483647

1

214.75

2007 2007 Equity Share 214.75

214.75

2147483647

1

214.75

2006 2006 Equity Share 214.75

214.75

2147483647

1

214.75

2005 2005 Equity Share 214.75

214.75

2147483647

1

214.75

2004 2004 Equity Share 214.75

214.75

2147483647

1

214.75

2003 2003 Equity Share 214.75

214.75

2147483647

1

214.75

2002 2002 Equity Share 214.75

214.75

2147483647

1

214.75

2001 2001 Equity Share 214.75

214.75

2147483647

1

214.75

1999 2000 Equity Share 214.75

214.75

2147483647

1

214.75

1996 1998 Equity Share 214.75

199.17

199167286

10

199.17

1994 1996 Equity Share 214.75

145.84

145838573

10

145.84

1993 1994 Equity Share 150

145.84

145838573

10

145.84

1992 1993 Equity Share 150

139.99

139986912

10

139.99

1990 1992 Equity Share 140

139.99

139986912

10

139.99

1987 1990 Equity Share 100

93.32

93324608

10

93.32

1983 1987 Equity Share 100

93.32

93324608

10

93.32

1981 1983 Equity Share 100

93.32

93324608

10

93.32

1979 1981 Equity Share 50

46.66

46662304

10

46.66

1978 1979 Equity Share 35

29.16

29163940

10

29.16

1977 1978 Equity Share 35

21.87

21872955

10

21.87

1974 1977 Equity Share 25

18.36

16852955

10

16.85

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