Look Inside

The CEO Factory-Management Lessons From Hindustan Unilever

FREE Delivery
Express Shipping
Express Shipping: Guaranteed Dispatch in 24 hours
Delivery Ships in 1-3 days
Item Code: HAM687
Author: Sudhir Sitapati
Publisher: Juggernaut Books
Language: English
Edition: 2019
ISBN: 9789383451141
Pages: 270
Other Details 7.5x5 inch
Weight 216 gm
Book Description

Few Indians have heard of Hindustan Unilever Limited (HUL). But they are intimate with the brands it sells. To name a few: Lifebuoy, Dove, Clinic Plus, Ponds, Lakmé, Closeup, Surf Excel, Vim, Brooke Bond, Bru, Kwality Wall's, Kissan and, as of 2020, Horlicks. Nine out of ten Indian households use an HUL product every month. Forget Google and Facebook, more Indians use HUL products than those who own a television, those who vote or even those who have running water or electricity. Even if you don't know much about Hindustan Unilever, you have grown up with it and you are touching it every single day of your life. Just like your parents, grandparents and their grandparents.

While researching for this book, I came across a faded copy of the first annual report of the newly incorporated Hindustan Lever in 1958. The company was already among the largest in the country and made a profit after tax (PAT) of Rs 1 crore. In 2019 the company made a profit of Rs 6080 crore - a compound annual growth of 15 per cent. In the same period that HUL grew its profits 6000 times, the Indian economy grew 1400 times. It is hard to find another large company that has delivered 15 per cent earnings growth over sixty years anywhere in the world. It is nearly impossible to find one that has stayed in the top five of a large country for over sixty years.

It is not just the long-term performance of HUL that is stellar. Its current return on capital employed (ROCE) of 92 per cent is by far the highest in the country. In just the last decade it has given shareholders an annual return of 23 per cent with its stock price up seven times.

This has made HUL an iconic company on Dalal Street. If analysts were to rate Indian companies over a century on financial and non-financial impact, HUL would feature on the top three of all and number one of most lists. HUL's market cap has now crossed $60 billion, making it one of the most valuable fast moving consumer goods (FMCG) companies in the world, ahead of the global valuations of Colgate Palmolive, Kraft Heinz, Mondelez and Reckitt Benckiser.

Frequently Asked Questions
  • Q. What locations do you deliver to ?
    A. Exotic India delivers orders to all countries having diplomatic relations with India.
  • Q. Do you offer free shipping ?
    A. Exotic India offers free shipping on all orders of value of $30 USD or more.
  • Q. Can I return the book?
    A. All returns must be postmarked within seven (7) days of the delivery date. All returned items must be in new and unused condition, with all original tags and labels attached. To know more please view our return policy
  • Q. Do you offer express shipping ?
    A. Yes, we do have a chargeable express shipping facility available. You can select express shipping while checking out on the website.
  • Q. I accidentally entered wrong delivery address, can I change the address ?
    A. Delivery addresses can only be changed only incase the order has not been shipped yet. Incase of an address change, you can reach us at help@exoticindia.com
  • Q. How do I track my order ?
    A. You can track your orders simply entering your order number through here or through your past orders if you are signed in on the website.
  • Q. How can I cancel an order ?
    A. An order can only be cancelled if it has not been shipped. To cancel an order, kindly reach out to us through help@exoticindia.com.
Add a review
Have A Question

For privacy concerns, please view our Privacy Policy

Book Categories