Ratio Analysis In Hindustan Unilever
Ratio analysis stands for the process of determining and presenting the relationship of items and group of items in the financial statements. It is an important technique of financial analysis. It is a way by which financial stability and health of a concern can be judged.
Importance of Ratio Analysis
• Useful in financial position analysis
• Useful in simplifying accounting figures
• Useful in assessing the operational efficiency
• Useful in forecasting purposes
• Useful in locating the weak spots of the business
• Useful in comparison of performance
Liquid …show more content…
In 1956 Lever Brothers, Hindustan Vanaspati Manufacturing Company Limited and United Traders Limited merged and became Hindustan Unilever Limited. The headquarters is in Mumbai. Hindustan Unilever Limited offered ten percent equity to the Indian public. It is the first among the foreign subsidiaries to offer the equity to the Indian public. 67.25% equity in the company is owned by the Unilever. Remaining shareholding is distributed among the three lakh individual shareholders and financial institutions.
The company had launched Red Label tea in the country in 1903. Brooke Bond and Company India Limited was formed in 1912 and Brooke Bond joined the Unilever in 1984 through an international acquisition. Unilever acquired Lipton in 1972. Lipton tea (India) Limited was incorporated in 1977.
Since 1947 Pond’s (India) Limited had been present in India. In 1986 Pond’s joined the Unilever through an international acquisition of Chesebrough Pond’s United States of America. Hindustan Unilever Limited has responded to the stimulus of economic growth. Economic growth process has been accompanied by diversification, always in line with Indian aspirations and …show more content…
Hindustan Unilever Limited has a subsidiary in Nepal, Unilever Nepal Limited. Its factory represents the largest manufacturing investment in the Himalayan kingdom. The factory manufactures Hindustan Unilever Limited’s products like detergents, soaps and personal products both for the domestic market and exports to India. Brooke Bond acquired Kothari General Foods, with significant interests in Instant Coffee in 1992. It acquired the Kissan business from the UB Group and the Dollops Icecream business from Cadbury India in