Hindustan foods - Stable results
Some Key Developments-
1-HFL has acquired 100% stake in Reckitt Benckiser Scholl India (RBSIL) as a contract manufacturer. HFL is expected to leverage the potential by expanding site utilization and capacities and thus increase the share of business for its products worldwide
1-HFL has acquired 100% stake in Reckitt Benckiser Scholl India (RBSIL) as a contract manufacturer. HFL is expected to leverage the potential by expanding site utilization and capacities and thus increase the share of business for its products worldwide
from this site. The company expects to do around Rs. 100 crores of
turnover from this facility in FY22-23
2-The Board had authorised the management to invest in an acquisition of a colour cosmetics manufacturing facility with a total investment of up to
Rs 30 crore.
turnover from this facility in FY22-23
2-The Board had authorised the management to invest in an acquisition of a colour cosmetics manufacturing facility with a total investment of up to
Rs 30 crore.
The company has invested in AeroCare Personal Products LLP. Aerocare is currently manufacturing various Colour Cosmetics like
lipsticks, eye make-up, pressed powders and lip gloss, and also Oral Care, After Shave lotions and Eau de Toilette.
lipsticks, eye make-up, pressed powders and lip gloss, and also Oral Care, After Shave lotions and Eau de Toilette.
The company expects to do
around Rs. 100 crore turnover from this facility in the FY22-23
around Rs. 100 crore turnover from this facility in the FY22-23
3-The Uttar Pradesh Ice Cream Project is progressing well, and installation of machines has commenced. The company remains confident to start
commercial production in Q4FY22
4-Work on setting up a new shoe factory in Tamil Nadu is progressing well.
commercial production in Q4FY22
4-Work on setting up a new shoe factory in Tamil Nadu is progressing well.
The factory will be making sports shoes/knitted shoes for various customers and expect to start production in Q1FY23
5-The on-going softness in the FMCG demand has led to a slowdown in the Hyderabad project It is now expected to be completed only by Q2FY23
5-The on-going softness in the FMCG demand has led to a slowdown in the Hyderabad project It is now expected to be completed only by Q2FY23
Hindustan foods( Dixon of FMCG)- Now target is 4000 Cr Revenue by 2025
HFL is now manufacturer for Tata Consumer.
HFL in colour cosmetics.
Capex per capex and uper bhi capex
Hindustan foods -Concall some interesting points
-Our new color cosmetic acquisitions were completely integrated, and the factory achieved its highest ever turnover in the month of March ‘22 and again in the month of April 2022.
-Our new color cosmetic acquisitions were completely integrated, and the factory achieved its highest ever turnover in the month of March ‘22 and again in the month of April 2022.
The ice cream plant in Lucknow, UP commenced trial production and the first dispatch was made in April. We expect it to ramp up production to approximately 15,000 litons by the end of 2023. We need to invest an additional Rs. 75 crores at Lucknow for the expansion
of ice cream plant. We expect the increased production to start from Quarter 4, 2023.
-The merger of ATC Beverages is completed and the expansion at Mysore has been commercialized. The unit has started manufacturing for Tata Consumer Products Ltd. in addition to the existing
-The merger of ATC Beverages is completed and the expansion at Mysore has been commercialized. The unit has started manufacturing for Tata Consumer Products Ltd. in addition to the existing
customer Hector Beverages.
The Soaps and Bars project in Hyderabad continues to be delayed ,
The new factories for the footwear division sports as
well as knitted shoes have been commercialized and both units in Tindivanam, Tamil Nadu and
Vasai have started production
The Soaps and Bars project in Hyderabad continues to be delayed ,
The new factories for the footwear division sports as
well as knitted shoes have been commercialized and both units in Tindivanam, Tamil Nadu and
Vasai have started production
Regarding negative CFO- 45 to 50 crores ( HFL consumer products and AERO care)is being treated as current investment not as the loans.
As a result, that all these investments have gone in the operational cash flow and not in the
financing activity.
As a result, that all these investments have gone in the operational cash flow and not in the
financing activity.
Nearly 80%, 85% of the Company turnover comes from dedicated manufacturing and all inflationary cost can be transferred to the customers in case of the dedicated manufacturing .
we are acquiring a facility from Reckitt Benckiser Scholl. This particular factory, which is located in Sriperumbudur, Chennai, manufacturers medical bandages and other footcare products. These medical bandages are also used for corns, blisters, etc., which happen on your feet.
This facility is a MHRA approved facility supplying to close to 20 countries in Europe.
Hindustan foods - good results but very expensive valuations
Hindustan foods - Capex update
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