Hindustan Unilever Ltd
NSE: HINDUNILVR BSE: 500696FMCG
Hindustan Unilever is in the FMCG business comprising primarily of Home Care, Beauty & Personal Care and Foods & Refreshment segments. The Company has manufacturing facilities across the country and sells primarily in India.[1]
₹2,247
52W: ₹2022 — ₹2660
PE 48.6 · Book ₹210 · +970% vs bookMarket Cap₹5,27,977 Cr
Stock P/E48.6Price to Earnings
ROCE28.1%Return on Capital
ROE22.1%Return on Equity
Div. Yield1.82%Face Value ₹1
Strengths
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 92.4%
Weaknesses
- −Stock is trading at 10.7 times its book value
- −The company has delivered a poor sales growth of 6.14% over past five years.
- −Earnings include an other income of Rs.5,572 Cr.
Shareholding Pattern
Promoters61.9%
FIIs10.1%
DIIs16.33%
Public11.6%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 61.9% | 61.9% | 61.9% | 61.9% | 61.9% | 61.9% | 61.9% | 61.9% |
| FIIs | 11.87% | 12.17%▲0.3 | 11.43%▼0.7 | 10.62%▼0.8 | 10.18%▼0.4 | 10.79%▲0.6 | 10.71%▼0.1 | 10.1%▼0.6 |
| DIIs | 14.09% | 14.13%▲0.0 | 14.67%▲0.5 | 15.48%▲0.8 | 15.99%▲0.5 | 15.62%▼0.4 | 15.68%▲0.1 | 16.33%▲0.6 |
| Public | 12.11% | 11.75%▼0.4 | 11.94%▲0.2 | 11.93%▼0.0 | 11.86%▼0.1 | 11.62%▼0.2 | 11.64%▲0.0 | 11.6%▼0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15,188 | 14,857 | 15,339 | 15,508 | 15,146 | 14,734 | 15,931 | 15,263 | 15,805 | 15,733 |
| Expenses | 11,648 | 11,422 | 11,733 | 11,861 | 11,582 | 11,268 | 12,373 | 11,644 | 12,165 | 12,008 |
| Operating Profit | 3,540 | 3,435 | 3,606 | 3,647 | 3,564 | 3,466 | 3,558 | 3,619 | 3,640 | 3,725 |
| OPM % | 23% | 23% | 24% | 24% | 24% | 24% | 22% | 24% | 23% | 24% |
| Net Profit | 2,519 | 2,406 | 2,538 | 2,612 | 3,001 | 2,493 | 2,732 | 2,690 | 7,075 | 2,930 |
| EPS ₹ | 10.72 | 10.24 | 10.8 | 11.12 | 12.77 | 10.61 | 11.63 | 11.45 | 30.11 | 12.47 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹61,975Cr, up 0.8% YoY. OPM at 23%.
Debt Position
Borrowings at ₹1,325Cr. Debt-to-equity ratio: 0.03x. Healthy balance sheet.
Capex Cycle
CWIP at ₹833Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 16.33% (+4.86pp change). FIIs: 10.1% (-4.38pp change). Promoters hold 61.9%.
Margin & Efficiency
ROCE declining from 150% (Mar 2015) to 28% (Mar 2026). Working capital days: -1.
Valuation
PE 48.6x with 28.1% ROCE. Price is 970% above book value of ₹210. Dividend yield: 1.82%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 7 May - Transcript of the Earnings Call for the quarter and financial year ended 31st March, 2026
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 30 Apr - Audio/video recording of Q4 FY2026 earnings call available on HUL website.
- The Board At Its Meeting Held On 30Th April, 2026, Decided To Hold The 93Rd Annual General Meeting Of The Company On Tuesday, 30Th June, 2026. 30 Apr
- Record Date For Final Dividend For FY 2025-26 Is 23Rd June, 2026. 30 Apr - HUL announced FY26 audited results and recommended Rs 22 final dividend; total dividend Rs 41 per share.
- Announcement under Regulation 30 (LODR)-Change in Directorate 30 Apr - Board approved re-appointment of Ashu Suyash as Independent Director for five years from 12 Nov 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse