Huge Waive off and Higher Sales Results Massive 74.17% Rise in Net Profit of Unilever Nepal; EPS Stands at Rs 1628

Mon, Aug 8, 2022 10:49 AM on Financial Analysis, Latest,

Unilever Nepal Limited (UNL) has published its fourth-quarter report for the fiscal year 2078/2079 with an outstanding rise in Net Profit by a massive 74.17%. The Net Profit of the company increased from Rs. 86.09 Crores to Rs. 1.49 Arba.

As per the report, the revenue of the company increased by 27.97% to Rs. 7.33 Arba in the fourth quarter of FY 2078/2079.

The increase in revenue is due to waive off of Rs 532 million granted to Unilever Europe Business Center for the amount payable towards the fair Share of ETS and Central Service Charges. The remaining increase in net profit is due to higher sales which are largely led by Skin and Hair Care.

The paid-up capital of the company remained at Rs. 9.21 crores with retained earnings of Rs. 3.53 Arba in the fourth quarter of FY 2078/2079.

The earnings per share stood at Rs. 1628.01 and the Net worth per share stood at Rs. 3940.83.

The company stock is traded at a PE multiple of 11.28.

Click here for Q4 report

Major Highlights:

Particulars (Rs in Lakhs) Unilever Nepal Limited
Q4 2078/79 Q4 2077/78 Difference
Share Capital 921 921 0.00%
Retained Earnings 35374 25130 40.76%
Trade and other Payables 17085 18917 -9.68%
Property, Plant and Equipment 12,983 9939 30.63%
Inventories 11273 8425 33.80%
Trade and Other Receivables 12849 9836 30.63%
Investment in Fixed Deposits 11305 9329 21.18%
Cash and Cash Equivalents 5716 8002 -28.57%
Revenue from Operations 73336 57307 27.97%
Other Income 1229 588 109.01%
Net Profit 14994 8609 74.17%
EPS (In Rs.) 1628.01 934.74 74.17%
Net Worth per Share (In Rs.) 3940.83 2828.56 39.32%
Qtr End PE Ratio (times) 11.28 - -
Qtr End Market Price  18360 - -