Hindustan Unilever Ltd

Hindustan Unilever Ltd

₹ 2,317 -0.44%
06 May - close price
About

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]

Key Points

Business Segments & Brand Portfolio
The company has a portfolio of over 50 brands, spanning 16 FMCG categories, including 19 brands with a turnover of more than Rs. 1,000 Cr PA. [1] The products are split into the following segments:

  • Market Cap 5,44,190 Cr.
  • Current Price 2,317
  • High / Low 2,660 / 2,022
  • Stock P/E 49.8
  • Book Value 207
  • Dividend Yield 1.77 %
  • ROCE 28.4 %
  • ROE 22.3 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 92.4%

Cons

  • Stock is trading at 11.2 times its book value
  • The company has delivered a poor sales growth of 6.51% over past five years.
  • Earnings include an other income of Rs.4,923 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
15,215 15,496 15,623 15,567 15,210 15,707 15,926 15,556 15,190 16,514 15,919 16,441 16,351
11,643 11,832 11,828 11,902 11,675 11,965 12,139 11,867 11,572 12,797 12,137 12,660 12,514
Operating Profit 3,572 3,664 3,795 3,665 3,535 3,742 3,787 3,689 3,618 3,717 3,782 3,781 3,837
OPM % 23% 24% 24% 24% 23% 24% 24% 24% 24% 23% 24% 23% 23%
240 146 178 184 309 209 203 733 149 74 269 4,048 503
Interest 29 50 88 91 105 93 110 109 77 127 124 88 76
Depreciation 291 286 297 313 320 329 338 318 318 361 322 337 348
Profit before tax 3,492 3,474 3,588 3,445 3,419 3,529 3,542 3,995 3,372 3,303 3,605 7,404 3,916
Tax % 26% 26% 26% 27% 25% 26% 27% 25% 27% 16% 25% 11% 24%
2,601 2,556 2,657 2,508 2,561 2,612 2,595 2,989 2,475 2,768 2,694 6,603 2,994
EPS in Rs 11.07 10.87 11.30 10.68 10.89 11.11 11.03 12.70 10.49 11.73 11.43 28.12 12.73
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
31,972 32,186 33,162 35,545 39,310 39,783 47,028 52,446 60,580 61,896 63,121 64,468
26,560 26,276 26,834 28,046 30,430 29,922 35,402 39,589 46,433 47,237 48,278 49,429
Operating Profit 5,412 5,910 6,328 7,499 8,880 9,861 11,626 12,857 14,147 14,659 14,843 15,039
OPM % 17% 18% 19% 21% 23% 25% 25% 25% 23% 24% 24% 23%
1,247 486 606 353 322 424 170 219 448 817 1,322 4,923
Interest 18 17 35 26 33 118 117 106 114 334 395 410
Depreciation 322 353 432 520 565 1,002 1,074 1,091 1,137 1,216 1,355 1,333
Profit before tax 6,320 6,026 6,467 7,306 8,604 9,165 10,605 11,879 13,344 13,926 14,415 18,219
Tax % 31% 31% 31% 28% 30% 26% 25% 25% 24% 26% 26% 17%
4,376 4,151 4,490 5,227 6,060 6,756 7,999 8,892 10,143 10,282 10,671 15,059
EPS in Rs 20.17 19.18 20.68 24.09 27.97 31.17 34.03 37.79 43.07 43.74 45.32 64.01
Dividend Payout % 74% 83% 82% 83% 78% 80% 119% 90% 91% 96% 117% 64%
Compounded Sales Growth
10 Years: 7%
5 Years: 7%
3 Years: 2%
TTM: 2%
Compounded Profit Growth
10 Years: 10%
5 Years: 6%
3 Years: 2%
TTM: 5%
Stock Price CAGR
10 Years: 11%
5 Years: 0%
3 Years: -1%
1 Year: 2%
Return on Equity
10 Years: 27%
5 Years: 20%
3 Years: 21%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 216 216 216 216 216 216 235 235 235 235 235 235
Reserves 3,811 6,357 6,528 7,065 7,651 8,013 47,439 48,826 50,069 50,983 49,167 48,504
43 177 277 0 99 0 0 1,043 1,219 1,484 1,648 1,478
10,359 8,043 8,685 10,581 10,663 11,924 21,066 20,402 21,554 25,787 28,813 29,535
Total Liabilities 14,430 14,793 15,706 17,862 18,629 20,153 68,740 70,506 73,077 78,489 79,863 79,752
2,821 3,258 4,419 4,528 4,715 5,479 51,443 51,473 52,678 53,744 54,335 57,428
CWIP 516 408 229 461 406 597 745 1,313 1,132 1,025 1,009 880
Investments 3,025 2,592 3,794 2,873 2,716 1,255 2,709 3,521 2,882 4,625 3,810 4,359
8,067 8,535 7,264 10,000 10,792 12,822 13,843 14,199 16,385 19,095 20,709 17,085
Total Assets 14,430 14,793 15,706 17,862 18,629 20,153 68,740 70,506 73,077 78,489 79,863 79,752

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3,292 4,171 5,185 6,059 5,800 7,623 9,163 9,048 9,991 15,469 11,886 10,999
138 -282 -1,173 -1,063 -438 1,791 -1,228 -1,728 -1,484 -5,324 6,473 -3,684
-3,462 -3,864 -4,214 -4,975 -5,390 -6,819 -9,309 -8,015 -8,953 -10,034 -13,101 -10,810
Net Cash Flow -33 25 -202 21 -28 2,595 -1,374 -695 -446 111 5,258 -3,495
Free Cash Flow 3,246 3,460 4,248 5,196 5,046 6,813 5,097 7,995 8,980 14,012 10,624 9,668
CFO/OP 95% 100% 111% 111% 96% 103% 100% 92% 93% 108% 95% 105%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 12 14 12 13 17 11 14 16 19 18 22 19
Inventory Days 77 75 67 65 59 65 66 65 55 55 59 55
Days Payable 148 156 164 185 166 176 163 145 123 143 152 154
Cash Conversion Cycle -60 -67 -85 -107 -90 -101 -83 -64 -50 -70 -71 -79
Working Capital Days -53 -26 -35 -37 -30 -31 -32 -22 -15 -22 -33 1
ROCE % 139% 112% 91% 103% 116% 117% 39% 25% 27% 27% 28% 28%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Underlying Volume Growth (UVG)
%

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Rural Reach (Project Shakti Entrepreneurs)
Number
Ad & Promotion (A&P) Spend
% of Sales
Distribution Reach (Outlets Reached)
Million Outlets
Brands with Turnover > 1000 Crore
Number ・Standalone data
Business Winning Market Share
% of turnover

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90%
14.48% 13.90% 13.65% 12.67% 11.87% 12.17% 11.43% 10.62% 10.18% 10.79% 10.71% 10.10%
11.47% 11.90% 12.31% 13.21% 14.09% 14.13% 14.67% 15.48% 15.99% 15.62% 15.68% 16.33%
0.04% 0.04% 0.04% 0.04% 0.05% 0.05% 0.06% 0.07% 0.07% 0.07% 0.07% 0.07%
12.09% 12.26% 12.11% 12.19% 12.11% 11.75% 11.94% 11.93% 11.86% 11.62% 11.64% 11.60%
No. of Shareholders 10,96,27011,76,41111,32,96512,05,41612,10,98911,05,25412,18,00112,33,43811,67,94510,95,44711,12,71311,06,831

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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