BEST CEO MEDIUM COMPANIES
Total Income/ 3-yr CAGR
₹39,518cr/6.83%
PBIT/ 3-yr CAGR
₹9,395 cr/15%
PAT/ 3-yr CAGR
₹6,738 cr /14.49%
3-yr Average TSR
16.92%
Average Market Cap Y-o-Y Growth *
25.8%
ROE/ ROCE
86.11%/117.25%
CASH/ DEBT
₹5,017cr/NIL
Net Profit Margin
15.07%
*For Oct 2019-Sept 2020; Standalone data; total income, PBit & Pat net of extraordinary items; tSR: total shareholder returns; Source: aCe equity
On March 17, as India started reporting cases of coronavirus, Hindustan Unilever decided to ask employees to work from home. As the fear of contacting the virus loomed large, MD & Chairman Sanjiv Mehta’s message to his core team was: “Look after our people and the people will look after the business.” Nine months down the line, the 61-year-old head honcho of India’s biggest FMCG company is proud of his employees and business. He says his employees are more agile and resilient than ever and talks about a humble factory employee who told him that he went to work every day not to make soaps but save lives of millions of Indians. “Our first priority was safety of our people across the value chain. Then, we made sure that our supply lines were running. We also kept our fingers on the pulse of consumers to understand their behaviour. We also heightened focus on cash and costs despite being a zero-debt company. Last, but not the least, was helping the community.”
This story is from the January 10, 2021 edition of Business Today.
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This story is from the January 10, 2021 edition of Business Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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