Whalesbook
Profit toh badha, par Stock ne kyu kiya Muh Moda?
Dekho, HUL ne sales mein 7% ka growth dikhaya hai, revenue ₹155.99 billion tak pahunch gaya. Home care toh 9% upar bhaga! Profit badhne ka ek bada reason tax mein mili relief bhi hai. Lekin market mein tension ka maahol hai bhai. Middle East mein jo chal raha hai na, uski wajah se commodity prices aur currency mein bahut fluctuations aa rahe hain. Isi wajah se investors thoda dar gaye aur stock nearly 3% neeche aa gaya, Nifty 50 mein sabse zyada girne walon mein se ek raha.
CEO Priya Nair keh rahi hain ki company prices adjust kar rahi hai, costs cut kar rahi hai aur marketing expenses bhi manage kar rahi hai taaki short-term problems ko tackle kar sakein. Lekin investors ko lagta hai ki ye sab karne ke baad bhi profit margins pe pressure aa sakta hai.
Industry Pressure aur Competitors Kya Bolte Hain?
Ye sirf HUL ka nahi, poore FMCG sector ka problem hai. Middle East tension se crude oil ke daam badh rahe hain, jis se packaging aur shipping sab kuch mehnga ho gaya hai, 5-10% tak. Isliye companies ko prices badhani pad rahi hain.
Udhar, Nestle India ka stock 6-7% bhaga! Unka profit 27% badha aur revenue 22.6% upar gaya. Nestle ne volume growth aur stable margins dono achieve kiye hain, jo HUL abhi nahi kar pa raha.
HUL Ki Strategy aur Future Outlook
HUL ki strategy volume par focus karne ki hai, lekin jab costs itna badh rahe hain, toh margins maintain karna mushkil ho raha hai. Brokerages ka view bhi mixed hai; kuch ne ratings kam kar di hain, kuch ne price targets ghata diye hain, par fir bhi average target ₹2,610.25 ke aas paas hai. Kuch reports ₹1,850 ka downside target bhi dikha rahi hain.
CEO Priya Nair ne kaha hai ki company apne medium-term margin targets par stick karegi aur FY27 mein performance aur behtar hoga, khas kar premium products aur Horlicks jaise brands par focus karke. Ab dekhte hain, ye company costs aur global market swings ko kaise manage karti hai aur competitors ko kaise takkar deti hai.