āagman

Not investment advice. Data and computed figures, for information only.

Hindustan Unilever Ltd

NSE: HINDUNILVRF&O
₹1,893.80
−₹3.30 (−0.17%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹4,36,249 Cr
CMP
₹1,893.80
52-wk High / Low
₹2,667 / 1,814
P/E
39.6
P/B
9.0
Book Value
₹207.0
Div Yield
2.21%
ROCE
28.0%
ROE
31.0%
Face Value
₹1
D/E
0.03

Price−24.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹546
√(22.5 × EPS × book value per share)
ROIC
22.6%
vs 13.1% sector median
Cash flow to profit
0.73
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−33
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
3.9%
ROE × earnings retention ratio
ROE stability
4.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.60DII +0.59
Latest quarter vs the previous one
Cash-accrual divergence
5.1%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 27% vs the 2024 sector median of 21%)
+Annualised volatility of 22.3% is in the low band (≤25%)
Watch-outs
−Borrowings are up 735.0% since FY2016 (177 to 1478)
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales15,49615,62315,56715,21015,70715,92615,55615,19015,75715,91916,44116,35117,341
Expenses11,83211,82811,90211,67511,96512,13911,86711,57212,11812,13712,66012,51413,394
Operating Profit3,6643,7953,6653,5353,7423,7873,6893,6183,6393,7823,7813,8373,947
OPM %23.6%24.3%23.5%23.2%23.8%23.8%23.7%23.8%23.1%23.8%23.0%23.5%22.8%
Other Income1461781843092092037331491032694,048503113
Interest5088911059311010977122124887675
Depreciation286297313320329338318318326322337348353
Profit before tax3,4743,5883,4453,4193,5293,5423,9953,3723,2943,6057,4043,9163,632
Net Profit2,5562,6572,5082,5612,6122,5952,9892,4752,7682,6946,6032,9942,680
EPS (₹)10.8711.3010.6810.8911.1111.0312.7010.4911.7311.4328.1212.7311.38

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales31,97232,18633,16235,54539,31039,78347,02852,44660,58061,89661,32864,46866,052
Expenses26,56026,27626,83428,04630,43029,92235,40239,58946,43347,23746,63049,42950,705
Operating Profit5,4125,9106,3287,4998,8809,86111,62612,85714,14714,65914,69815,03915,347
OPM %16.9%18.4%19.1%21.1%22.6%24.8%24.7%24.5%23.4%23.7%24.0%23.3%23.2%
Other Income1,2474866063533224241702194488171,3554,9234,933
Interest1817352633118117106114334381410363
Depreciation3223534325205651,0021,0741,0911,1371,2161,2531,3331,360
Profit before tax6,3206,0266,4677,3068,6049,16510,60511,87913,34413,92614,41918,21918,557
Net Profit4,3764,1514,4905,2276,0606,7567,9998,89210,14310,28210,67115,05914,971
EPS (₹)20.1719.1820.6824.0927.9731.1734.0337.7943.0743.7445.3264.0163.66

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital216216216216216216235235235235235235—
Reserves3,8116,3576,5287,0657,6518,01347,43948,82650,06950,98349,16748,504—
Borrowings43177277099001,0431,2191,4841,6481,478—
Other Liabilities10,3598,0438,68510,58110,66311,92421,06620,40221,55425,78728,81329,521—
Total Liabilities14,43014,79315,70617,86218,62920,15368,74070,50673,07778,48979,86379,738—
Fixed Assets2,8213,2584,4194,5284,7155,47951,44351,47352,67853,74454,33557,428—
CWIP5164082294614065977451,3131,1321,0251,009880—
Investments3,0252,5923,7942,8732,7161,2552,7093,5212,8824,6253,8104,359—
Other Assets8,0678,5357,26410,00010,79212,82213,84314,19916,38519,09520,70917,071—
Total Assets14,43014,79315,70617,86218,62920,15368,74070,50673,07778,48979,86379,738—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3,8183,2924,1715,1856,0595,8007,6239,1639,0489,99115,46911,88610,999
Cash from Investing Activity−475138−282−1,173−1,063−4381,791−1,228−1,728−1,484−5,3246,473−3,676
Cash from Financing Activity−2,960−3,462−3,864−4,214−4,975−5,390−6,819−9,309−8,015−8,953−10,034−13,101−10,810
Net Cash Flow383−3325−20221−282,595−1,374−695−4461115,258−3,487

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %147.0139.0112.091.0103.0116.0117.039.025.027.027.028.028.0
ROE %————————————31.0
EPS (₹)18.2420.1719.1820.6824.0927.9731.1734.0337.7943.0743.7445.3264.01
Book Value (₹)————————————207.0
Face Value (₹)————————————1
P/E————————————39.6
Div Yield %————————————2.21
NPM %—13.212.713.314.615.316.816.916.916.616.417.021.7
OPM %16.017.018.019.021.023.025.025.025.023.024.024.023.0
D/E—0.010.030.040.000.010.000.000.020.020.030.030.03
P/B————————————9.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+7.0%
5 years+7.0%
3 years+2.0%
TTM+6.0%
Compounded profit growth
10 years+14.0%
5 years+13.0%
3 years+14.0%
TTM+4.0%
Stock price CAGR
10 years+8.0%
5 years−6.0%
3 years−9.0%
Last year−23.0%
Return on equity
10 years28.0%
5 years22.0%
3 years24.0%
Last year31.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters67.20%67.20%67.19%67.19%67.18%61.90%61.90%61.90%61.90%61.90%61.90%61.90%
FIIs13.26%13.26%12.56%11.83%12.10%14.95%13.66%14.36%12.67%10.62%10.10%9.50%
DIIs5.66%5.66%6.85%7.03%6.67%10.68%11.61%11.51%13.21%15.48%16.33%16.92%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.04%0.04%0.07%0.07%0.07%
Public13.88%13.88%13.39%13.95%14.05%12.47%12.83%12.17%12.19%11.93%11.60%11.60%
No. of shareholders3,32,2753,32,2753,10,0633,78,3684,59,1827,69,66313,61,50611,27,98212,05,41612,33,43811,06,83111,15,507
Change since Jun 2023 (pp)
Promoters −5.30FIIs −3.76DIIs +11.26Public −2.28

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Newspaper PublicationCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Board Meeting Intimation for Consideration Of Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30Th September 2026 And Payment Of Interim Dividend (If Any)Announcement under Regulation 30 (LODR)-Newspaper PublicationClosure of Trading Window
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Sep 2026PPTSep 2026RecordingSep 2026PPTAug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTFeb 2026TranscriptFeb 2026PPT

Corporate actions

As of 23 Jun 2026
23 Jun 2026DIVIDENDDividend - Rs 22 Per Share—
5 Dec 2025DEMERGERDemerger—
7 Nov 2025DIVIDENDInterim Dividend - Rs 19 Per Share—
23 Jun 2025DIVIDENDDividend - Rs 24 Per Share—
6 Nov 2024DIVIDENDInterim Dividend - Rs 19 Per Share/Special Dividend - Rs 10 Per Share—
14 Jun 2024DIVIDENDAnnual General Meeting/Dividend - Rs 24 Per Share—
2 Nov 2023DIVIDENDInterim Dividend - Rs 18 Per Share—
19 Jun 2023DIVIDENDAnnual General Meeting/Dividend - Rs 22 Per Share—
1 Nov 2022DIVIDENDInterim Dividend - Rs 17 Per Share—
15 Jun 2022DIVIDENDAnnual General Meeting/Dividend - Rs 19 Per Share—
26 Oct 2021DIVIDEND Interim Dividend - Rs 15 Per Share—
14 Jun 2021DIVIDEND Annual General Meeting/Dividend - Rs 17 Per Sh—
28 Oct 2020DIVIDEND Interim Dividend - Rs 14 Per Share—
30 Jul 2020DIVIDEND Special Dividend - Rs 9.50 Per Share—
19 Jun 2020DIVIDEND Annual General Meeting/Dividend - Rs 14 Per Share—
23 Oct 2019DIVIDEND Interim Dividend - Rs 11 Per Sh—
20 Jun 2019DIVIDEND Annual General Meeting/ Dividend - Rs 13 Per Share—
25 Oct 2018DIVIDEND Interim Dividend - Rs 9 Per Share (Date And Purpose Revised)—
21 Jun 2018DIVIDEND Annual General Meeting / Dividend- Rs 12 Per Share—
1 Nov 2017DIVIDEND Interim Dividend - Rs 8/- Per Share—
22 Jun 2017DIVIDEND Annual General Meeting/Dividend - Rs 10/- Per Share—
1 Nov 2016DIVIDEND Interim Dividend Rs 7/- Per Share (Purpose Revised)—
22 Jun 2016DIVIDEND Annual General Meeting/ Dividend - Rs 9.50 Per Share—
19 Oct 2015DIVIDENDInterim Dividend - Rs 6.50/- Per Share (Purpose Revised)—
19 Jun 2015DIVIDENDAnnual General Meeting/ Dividend - Rs 9/- Per Share—
31 Oct 2014DIVIDENDInterim Dividend Rs.6/- Per Share (Purpose Revised)—
11 Jun 2014DIVIDENDAnnual General Meeting/Dividend Rs 7.50/- Per Share—
31 Oct 2013DIVIDENDInterim Dividend Rs.5.50 Per Share (Purpose Revised)—
10 Jul 2013DIVIDENDAnnual General Meeting/Final Dividend Rs.6/- Per Equity Share—
1 Nov 2012DIVIDENDInterim Dividend Rs.4.50 Per Share And Special Dividend Rs.8 Per Share (Purpose Revised)—
4 Jul 2012DIVIDENDAnnual General Meeting And Dividend Rs.4/- Per Share—
4 Nov 2011DIVIDENDInterim Dividend Rs.3.50 Per Share (Purpose Revised)—
8 Jul 2011DIVIDENDAnnual General Meeting And Dividend Rs.3.50 Per Share—
1 Nov 2010DIVIDENDInterim Dividend-Rs.3/- Per Share (Purpose Revised)—
8 Jul 2010DIVIDENDAnnual General Meeting And Final Dividend Rs.3.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman