Tag: Priya Nair

  • Hindustan Unilever’s profits flatten as margins take a beating

    Hindustan Unilever’s profits flatten as margins take a beating

    MUMBAI:  Hindustan Unilever limped through the September quarter with anaemic growth and shrinking margins, a performance that underscores the headwinds buffeting India’s consumer-goods bellwether. The maker of Dove soap and Surf detergent eked out a mere two per cent rise in sales whilst profit after tax before exceptional items slipped four per cent.

    Revenue from operations nudged up to Rs 16,034 crore for the quarter ended 30 September 2025, compared with Rs 15,703 crores in the year-ago period. But the real story lay in the margins: EBITDA margin contracted a painful 90 basis points to 23.2 per cent, down from 24.1 per cent last year. The culprit? Surging raw-material costs, which jumped 15 per cent year-on-year to Rs 5,746 crore.

    Profit after tax before exceptional items came in at Rs 2,482 crore, down from Rs 2,594 crore in the September 2024 quarter. But here’s where it gets interesting: exceptional items swung the needle dramatically. A one-off Rs 273-crore windfall from resolving tax disputes between UK and Indian authorities turned what would have been a profit decline into a four per cent gain. Reported PAT stood at Rs 2,694 crore versus Rs 2,595 crore last year.

    The half-year picture proved equally tepid. For the six months ended September, sales rose just four per cent to Rs 32,330 crore from Rs 31,200 crore. EBITDA for the period came in at Rs 7,539 crore with margins at 23.3 per cent. Profit after tax before exceptionals at Rs 4,960 crore marked a five per cent decline from Rs 5,201 crore in the first half of the previous year.

    Segment performance revealed a mixed bag. Home Care, the company’s largest division with Rs 11,441 crore in half-year sales, saw operating profit slip to Rs 2,212 crore from Rs 2,250 crore. Beauty & Wellbeing proved the bright spot, with sales surging 10 per cent to Rs 7,363 crores, though operating profit dipped marginally to Rs 2,060 crore. Personal Care posted a robust four per cent sales growth whilst Foods, contributing Rs 7,885 crore  saw profits decline 10 per cent to Rs 1,281 crore.

    The company’s acquisition spree added fresh complications. Purchase consideration for business combinations totalled Rs 2,661 crore during the half-year, primarily related to the Minimalist skincare brand acquisition completed in April. This aggressive M&A activity, whilst positioning HUL for future growth, weighed on near-term cash flows and contributed Rs 38 crore in acquisition-related costs.

    Managing director and chief executive officer Priya Nair faces a delicate balancing act. The board declared an interim dividend of Rs 19 per share, maintaining shareholder payouts even as profits sputtered. Meanwhile, the proposed demerger of the ice-cream business into Kwality Wall’s (India) Limited awaits regulatory clearances—a restructuring that could reshape HUL’s portfolio but added Rs 51 crore in expenses this quarter.

    Cash generation remained robust despite operational headwinds. Operating cash flows for the half-year stood at Rs 6,267 crores, though down from Rs 6,657 crore last year. The company deployed Rs 5,639 crore in dividend payments whilst splashing Rs 617 crore on capital expenditure.

    Earnings per share for the quarter came in at Rs 11.43, up marginally from Rs 11.03 last year, though this flattered the underlying performance due to exceptional gains. For the half-year, EPS stood at Rs 23.16 versus Rs 22.14, a five per cent increase that masked the compression in core profitability.

    The September quarter’s travails suggest India’s consumption story has lost some fizz. With costs climbing faster than pricing power allows and competition intensifying across categories, HUL’s playbook of premiumisation and market-share gains faces a stern test. The Rs 273-crore tax bonanza provided cosmetic relief this quarter, but the underlying business needs more than accounting alchemy to regain its mojo.

  • Hindustan Unilever appoints Priya Nair as new CEO & MD

    Hindustan Unilever appoints Priya Nair as new CEO & MD

    Mumbai: Hindustan Unilever Limited (HUL) has announced the appointment of Priya Nair as its new chief executive officer & managing director, effective 1 August 2025. She will also join the HUL board and remain a member of the Unilever Leadership Executive.

    Nair brings nearly 30 years of experience with Unilever, having held various sales and marketing roles across home care, beauty & wellbeing, and personal care. Her previous roles include executive director, home care, HUL (2014-2020), executive director, beauty & personal care, HUL (2020-2022), and global chief marketing officer, beauty & wellbeing at Unilever. Since 2023, she has served as president of beauty & wellbeing, one of Unilever’s fastest-growing divisions.. She is credited with consistently delivering business transformation through brand building, premiumisation, digital commerce, and purpose-led innovation.

    Rohit Jawa will step down as CEO and MD on 31 July 2025, to pursue new personal and professional endeavours.  Jawa assumed the role in 2023, and during his tenure of over two years, HUL achieved volume-led competitive growth. He also introduced the ‘aspire’ strategy, aimed at transforming the portfolio and channels towards high-growth demand spaces. HUL chairman Nitin Paranjpe thanked  Jawa for his leadership in navigating challenging market conditions and strengthening the company’s foundations.

    The appointment of Nair is subject to shareholder and other necessary statutory approvals. The board meeting to approve these changes commenced at 5:30 pm IST and concluded at 6:25 pm IST on Thursday, 10 July 2025.

  • Amit Jain named chairperson of MMA India board of directors

    Amit Jain named chairperson of MMA India board of directors

    MUMBAI: MMA, formerly known as the Mobile Marketing Association, has appointed L’Oréal India managing director Amit Jain as chairperson of its India board of directors.

    Jain succeeds Priya Nair, who is the executive director – beauty and personal care at Hindustan Unilever. Nair will move into a new role as chair emeritus of MMA India.

    “MMA has been doing stellar work in helping marketers use insights and tools to harness the convergence of marketing and technology to drive personalised and customised engagement, in line with evolving consumer needs and purchase behaviour. I am delighted to take on this role and lead MMA’s commitment to shape the future of marketing today by bringing brands closer to consumers through connected consumer journeys," Jain said.

    MMA India country head Moneka Khurana added, “Amit Jain’s business leadership, progressive outlook and experience in managing credible boards will help in shaping the future of Modern Marketing for MMA India at a time when it’s central to all marketers to drive business ROI, customer engagement and innovations.”

    MMA Asia Pacific managing director Rohit Dadwal said "Amit Jain’s deep knowledge of digital marketing in the 21st century will prove invaluable to the furthering of MMA’s mission in advancing modern marketing in India. I look forward to working with Amit and would like to thank Priya for her invaluable contribution and for paving the way forward.”

  • CEAT appoints HUL’s Priya Nair as additional director

    CEAT appoints HUL’s Priya Nair as additional director

    KOLKATA: Tyre manufacturer CEAT has appointed Hindustan Unilever Limited’s Priya Nair as additional director in the capacity of independent director. Her appointment is effective from 27 October, for a tenure of five years.

    Nair is vice president – beauty and personal care at Unilever South Asia, where she's responsible for the business across India, Pakistan, Bangladesh, Sri Lanka and Nepal. Her duties include business delivery on top line and bottom line by creating and delivering a strategic plan for the business. She has also served as executive director of the home care segment at HUL.

    She has led sustainability initiatives for HUL with a focus on the WASH (water, sanitation, hygiene) programme for the company. Reaching over 140 million people under the Swachh Aadat Swachh Bharat initiative, it educates consumers to adopt three clean habits of washing hands with soap, drinking clean purified water and using a clean toilet.

    One of the most influential women marketeers in India, Nair was invited by Niti Aayog to participate in the Champions of Change programme.

  • HUL survey: Only 38% women in India get to define their identity themselves

    HUL survey: Only 38% women in India get to define their identity themselves

    NEW DELHI: HUL’s beauty brand Glow & Lovely has unveiled the findings of the recently conducted ‘Identity Survey’ which revealed that only 38 per cent Indian women actually get to define their identity on their own terms. The survey was conducted with the aim to understand the thoughts and concerns that Indian women have in relation to their identity which has laid the ground for the brand’s narrative of #IChooseMyGlow and the ‘Glow Ko Na Roko’ campaign.

    ‘Glow’ reflects the personality and individuality of every woman, who focuses on pursuing her dreams and is a celebration of the inner confidence she radiates. This is reflective of a more inclusive form of positive beauty that complements their need to have the choices to define their identity. This was the starting point for the research that delved deep into how a woman’s self is defined and what hurdles are faced while embracing it.

    Some of the highlights of the report are as follows:-

    66 per cent women would compromise their identity for the sake of others

     There has been a paradigm shift in the 21st century, with women being vocal participants in society instead of passive observers. However, majority of Indian women would still not think twice before putting others’ needs before them. They would knowingly compromise their identity for their family, partners or society if required.

    Society (36.4 per cent) is the biggest roadblock for women

    While women in India would like to make their own decisions, they have been conditioned to listen to others. Society (36.4 per cent), family (31.4 per cent) and partners (18.2 per cent) are major hurdles that keep women from choosing their own identity. It will require the support of society to encourage women to embark on the journey of choosing their own identity.

    93 per cent women feel a girl’s identity is as important as a boy’s

    There has been an apparent shift when it comes to conversations around gender and equality. Women feel that female and male identity are equally important; however, they still hold back in certain instances. This is corroborated by the Identity Survey finding above that 66 per cent women would compromise their identity for their family, partner or society if required.

    Women’s freedom to make their own choices depends on certain key factors

    Women’s ability to exercise their will is directly linked to female happiness (21.7 per cent), confidence (18.1 per cent) and respect (12.7 per cent). Traditionally, women have single-handedly shouldered the responsibility of home as well as professional life. However, one has always taken precedence over the other. Making their own choices has always been synonymous with a feeling of guilt. Today’s woman does not link this feeling of guilt when it comes to choosing her own identity. A woman’s freedom to choose her own identity brings her positivity and a sense of dignity. This freedom of choice is directly linked to her happiness and confidence.

    HUL executive director – beauty and personal care (BPC) Priya Nair said, “We’ve been driving the evolution of Fair & Lovely for several years to progressively move to a more inclusive vision of beauty. With the introduction of Glow & Lovely, we are very excited about this new chapter in the brand’s journey that celebrates every woman’s ‘glow’. Extensive research showed us that ‘glow’ resonates with our consumers as one of the best articulations of what the product does, while also reflecting the personality and individuality of the woman of today. Glow then become the starting point for the ‘Identity Survey’, which aimed to find out the definition of female identity in India.”

    “The narrative #IChooseMyGlow and GlowKoNaRoko campaign upholds the principle and our belief that no correlation should be made between skin tone and a person’s achievement, potential, beauty or worth and that a woman’s identity should be defined by her. We hope that the true meaning of ‘glow’ and this narrative will resonate strongly with women across the country,” she further added.

    Clinical Psychologist & Psychotherapist Varkha Chulani said the results of the Identity Survey – which pointed out that majority of women (in metros and non-metros) are yet to understand that identity is simply a meaning of ‘self’ without association to any ‘other’ – is an eyeopener.

    “Female identity in India has rarely been a conversation. It is well known that even today, identity of many women is defined by their parents, relationships, with society being the biggest challenge when it comes to defining their self. It is critical that we normalize conversations around female identity to give them the freedom to make their choices and harness their true potential,” she said.

    The campaign #GlowKoNaRoko and the narrative #IChooseMyGlow is also in conformity with the brand’s purpose of promoting women empowerment through the GAL Careers. GAL Careers is a companion to women who want to make a mark and define their unique journeys with confidence and self-belief. It plays a key role in helping young women access employability skills through scholarships, career guidance, training courses and job opportunity listings.

    GAL careers has so far reached 1.25 million women across South Asia and Indonesia.

    #IChooseMyGlow is in line with HUL’s recent announcement of the next step in the evolution of its skin care portfolio while rebranding its flagship brand Fair & Lovely to Glow & Lovely. As a part of a decade-long transformation towards a more inclusive form of positive beauty, words such as ‘fair/fairness’, ‘white/whitening’, and ‘light/lightening’ and terms or visuals that could indicate a fairness-led transformation are no longer included on the product packaging and brand communication.

    Research Methodology:

    The research, conducted by Toluna India, surveyed women in the age group of 18-45 years across both metros and non-metros. The survey was rolled out digitally and involved a series of multiple-choice questions. 

  • Surf Excel adds a hue of goodness to the colours of Holi with #RangLaayeSang

    Surf Excel adds a hue of goodness to the colours of Holi with #RangLaayeSang

    MUMBAI: Surf Excel has released its latest campaign #RangLaayeSang for the colourful season of Holi. Conceived by Lowe Lintas Mumbai, the campaign speaks about communal harmony in a simple yet delightful manner, adding a hue of goodness to the festival.

    The campaign intends to stay true to the essence of Holi by sending out a message of bringing people together, and shows how colours can be an equaliser in our society. The campaign film, which brings alive Surf Excel's Daag Achhe Hain philosophy, is set amidst the Holi celebrations where a young girl chooses to get stained in Holi colours in order to protect her young friend. It ultimately suggests, ‘Agar kuch achha karne mein daag lag jaaye toh daag achhe hain.’

    Commenting on the campaign, Lowe Lintas regional creative officer Carlos Pereira said, “We felt the festival of Holi gave us the opportunity to highlight the true spirit of togetherness. By making colour the medium of oneness, we could seamlessly bring forth the larger thought of Rang Laaye Sang – a sentiment that kids truly believe in."

    Hindustan Unilever Ltd executive director – home care Priya Nair said, “Holi is one of our biggest festivals, celebrated with much fanfare across the country. However, in the midst of the fun and revelry, one can often forget the true spirit of the festival. The #RangLaayeSang campaign from Surf Excel beautifully captures how the colours of Holi can be a force for good, melting differences and bringing people together. It seamlessly brings to life our decade long ‘Dirt is Good’ philosophy – ‘Agar kuch accha karne mein daag lag jaaye, toh daag acche hain’.”

    The campaign will be live across TV, outdoor, and digital.

  • Management shuffle at HUL

    Management shuffle at HUL

    MUMBAI: Hindustan Unilever Limited (HUL) has announced key changes in the management committee of the company. Subject to Unilever Indonesia’s external board approval, Hemant Bakshi, currently executive director – home and personal care, will be appointed as executive vice president (EVP) of Unilever Indonesia.

     

    The home and personal care (HPC) business will now be organised into home care and personal care businesses in India. Samir Singh, currently global brand vice president Lifebuoy and vice president – personal care lead, south Asia cluster, Unilever, will be appointed as HUL executive director – personal care and Priya Nair, currently vice president – Laundry, HUL, will be appointed as executive director – home care. Both Nair and Singh will be part of the management committee of HUL and their appointments are effective 1 October 2014.

     

    HUL CEO & managing director Sanjiv Mehta said, “I wish to take the opportunity to express my deep appreciation for the significant contribution that Hemant has made to the India business, both in his current role as executive director – HPC and his earlier role as executive director – CD. I would like to congratulate Hemant on his move to Unilever Indonesia and wish him all the best in his new assignment.”

     

    Nair joined the company in the consumer insights team in 1995, where she brought with her a diverse and rich experience including customer development and marketing. In her earlier roles, she has worked across various brands such as Dove, Axe, Rexona, Closeup, Pepsodent. As VP home care she has been leading the entire detergents portfolio of HUL. More recently, she has led the launch of HUL’s path breaking rural mobile marketing initiative ‘Kan Khajura Tesan’ which received three Gold Lion awards at the 2014 Cannes Lions International Festival of Creativity.

     

    Singh on the other hand joined Unilever in 1997 as a management trainee in India. He has worked across many brands including Fair & Lovely, Vaseline, Ponds and has also worked in Foods in Customer Development in India.

     

    For the past four years Singh has been the global brand vice president for Lifebuoy and a member of the Global Category Leadership Team for skin cleansing. In this role, he has led global strategy, innovation and communication for Lifebuoy in more than 30 key countries across the world. He was also the personal care cluster lead for south Asia in 2014.

     

    “We have reorganised the home and personal care business into two separate businesses to ensure focus on the growth drivers for each of these businesses. I am pleased to welcome Priya and Samir to their new roles. Both bring with them rich and diverse marketing and business experience in Unilever. Priya joined HUL in 1995 and has worked in roles across marketing, customer development and CMI. Samir joined HUL in 1997 and has worked in various roles in HUL and across the regional and global Unilever organisation,” he added.