Hindustan Unilever Limited (HUL) has disclosed an investor presentation detailing the strategic roadmap for Kwality Walls (India) Limited (KWIL), as the ice cream business prepares for demerger. The presentation, sanctioned by the National Company Law Tribunal (NCLT) Mumbai bench, positions KWIL as a formidable player in India's ice cream market, with ambitious growth plans and a clear path to value creation.

Key Highlights of the Kwality Walls (India) Limited Presentation

1. Market Position: KWIL is positioned as India's second-largest ice cream player, showcasing its strong market presence.

2. Financial Performance: The company reported a revenue of ₹7.90 billion, indicating a substantial business scale.

3. Strategic Growth Pillars: KWIL outlined several strategic pivots to drive growth:

   • Cabinet expansion to increase product availability
   • Premiumization of product offerings
   • Leveraging digital commerce for enhanced reach

4. Listing Plans: KWIL is planning to list its equity shares on both BSE Limited (BSE) and National Stock Exchange Limited (NSE), subject to necessary approvals and market conditions.

Financial Snapshot: Hindustan Unilever Limited

To provide context on the parent company's financial position, here's a snapshot of HUL's key balance sheet items:

Analysis and Implications

1. Strategic Focus: The demerger of the ice cream business into KWIL demonstrates HUL's strategy to create focused entities that can better capitalize on specific market opportunities.

2. Growth Potential: With India's ice cream market showing promising growth trends, KWIL's strategic initiatives are well-positioned to capture a larger market share.

3. Digital Transformation: The emphasis on digital commerce aligns with changing consumer behaviors and could provide KWIL with a competitive edge in reaching a wider customer base.

4. Financial Implications: While the demerger may impact HUL's revenue in the short term, it allows for more targeted investments and potentially higher returns in the ice cream segment.

5. Investor Opportunity: The planned listing of KWIL on major stock exchanges presents a new investment avenue for those interested in the Indian ice cream market.

Conclusion

The unveiling of KWIL's strategic plan marks a significant milestone in HUL's corporate restructuring efforts. As the ice cream business prepares for its independent journey, investors and market watchers will be keenly observing how this focused approach translates into market performance and shareholder value. The success of this demerger could set a precedent for similar moves in the FMCG sector, potentially reshaping how conglomerates approach diverse product categories in evolving consumer markets.

Kwality Walls (India) Limited (KWIL), a leading ice cream and frozen desserts company in India, has announced the formation of its Board of Directors as it prepares for its demerger from Hindustan Unilever Limited (HUL). The strategic move, set to take effect on December 1, 2025, marks a significant milestone for KWIL as it transitions into an independent listed entity.

Board Composition

The newly constituted board comprises seven members, bringing together a diverse mix of experience and expertise. Here's a breakdown of the appointments:

Key Appointments

Executive Directors

1. Chitranj Goel: Appointed as Deputy Managing Director
2. Prashant Premrajka: Appointed as Chief Financial Officer (CFO)

Non-Executive Director

• Ritesh Tiwari: Currently serves as the Global Head of M&A, Treasury and Ventures at Unilever PLC

Independent Directors

• Ravi Pisharody
• Madhavan Hariharan
• JV Raman
• Shukla Wassan

Strategic Implications

The formation of this board is a crucial step in KWIL's journey towards becoming an independent entity. By bringing together seasoned professionals with diverse backgrounds in consumer goods, finance, governance, and strategic management, KWIL is positioning itself for focused growth in the ice cream market.

About Kwality Walls (India) Limited

KWIL is known for its portfolio of ice cream brands, including Kwality Walls, Magnum, and Cornetto. The company's demerger from Hindustan Unilever is expected to allow for more focused operations and quicker response to market dynamics in the ice cream category.

Effective Date

The new board structure and KWIL's independent operations are set to commence on December 1, 2025. Following this, the company is expected to be listed on India's major stock exchanges, although the exact listing date has not been disclosed.

This strategic restructuring sets the stage for KWIL to leverage its brand presence and distribution network as a standalone entity in India's ice cream market.