Arthneeti

Hindustan Unilever Q2 FY27 Share Price & Earnings Call Analysis

₹1,864.60+0.34% today
Market cap
₹4.38L Cr
P/E
39.72
ROE
31.03%
PEG
2.77
Price to sales
6.63
Debt to equity
0.03
52W high / low
₹2,478 / ₹1,815
Sales growth (5Y)
6.51%
EBITDA margin
23.23%
Net profit margin
23.65%
Promoter holding
61.90%
Sales (last year)
₹66,052 Cr

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]

Guidance scorecard · Q2 FY27 call

What Hind. Unilever's management guided
and where it ranks in Diversified FMCG

#1of 2 in
Diversified FMCG
Revenue10–20%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ1 FY27 call

10–20%
  • Full year FY27 revenue is expected to be better than full year FY26, indicating continued growth.
  • The company sees stable demand environment going forward, supporting sustained sales volume growth.
  • Growth is broad-based across categories (Laundry, Dishwash, Coffee, Beauty & Wellbeing) and channels (General Trade, Modern Trade, E-commerce, Rural, Urban).
  • Both premium and mass segments are growing, with premium categories growing faster.
  • Continued focus on portfolio geared towards higher growth spaces and premiumization.
  • Key growth drivers include market development, increased distribution and assortment, and channel specialization (including quick commerce).
  • Innovation and brand activations are part of a multi-year growth plan.

2 more points from Hind. Unilever's call on revenue

Create a free account to keep reading this call

Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Hind. Unilever said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Hindustan Unilever Limited is investing ahead of the curve in innovation, technology, manufacturing, and digital transformation to remain future-fit and enable long-term value creation.
  • Supply chain investments continuing with recognized manufacturing excellence, evidenced by factories in Haridwar and Sonepat being recognized by the World Economic Forum’s Global Lighthouse Network.
  • Continued expansion and strengthening of omni-channel execution, including quick commerce and offline distribution growth in small towns and rural areas.
  • Acquisition and integration of wellness brands like Minimalist and OZiva to bolster portfolio exposure in higher growth segments.
Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Hind. Unilever said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Hind. Unilever said on the order book →

Full Q1 FY27 analysis
Full Diversified FMCG ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Hind. Unilever rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Financials of Hind. Unilever

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Hind. Unilever

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%
FIIs +13.65%12.67%11.87%12.17%11.43%10.62%10.18%10.79%10.71%10.10%9.50%9.26%
DIIs +12.31%13.21%14.09%14.13%14.67%15.48%15.99%15.62%15.68%16.33%16.92%17.05%
Government +0.04%0.04%0.05%0.05%0.06%0.07%0.07%0.07%0.07%0.07%0.07%0.07%
Public +12.11%12.19%12.11%11.75%11.94%11.93%11.86%11.62%11.64%11.60%11.60%11.71%
No. of Shareholders11,32,96512,05,41612,10,98911,05,25412,18,00112,33,43811,67,94510,95,44711,12,71311,06,83111,15,50711,45,630

Financials of Hind. Unilever

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +15,62315,56715,21015,70715,92615,55615,19015,75715,91916,44116,35117,34118,226
Expenses +11,82811,90211,67511,96512,13911,86711,57212,11812,13712,66012,51413,39414,137
Operating Profit3,7953,6653,5353,7423,7873,6893,6183,6393,7823,7813,8373,9474,089
OPM %24%24%23%24%24%24%24%23%24%23%23%23%22%
Other Income +1781843092092037331491032694,048503113162
Interest8891105931101097712212488767574
Depreciation297313320329338318318326322337348353363
Profit before tax3,5883,4453,4193,5293,5423,9953,3723,2943,6057,4043,9163,6323,814
Tax %26%27%25%26%27%25%27%16%25%11%24%26%27%
Net Profit +2,6572,5082,5612,6122,5952,9892,4752,7682,6946,6032,9942,6802,796
EPS in Rs11.3010.6810.8911.1111.0312.7010.4911.7311.4328.1212.7311.3811.87

Financials of Hind. Unilever

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +31,97232,18633,16235,54539,31039,78347,02852,44660,58061,89661,32864,46868,359
Expenses +26,56026,27626,83428,04630,43029,92235,40239,58946,43347,23746,63049,42952,705
Operating Profit5,4125,9106,3287,4998,8809,86111,62612,85714,14714,65914,69815,03915,654
OPM %17%18%19%21%23%25%25%25%23%24%24%23%23%
Other Income +1,2474866063533224241702194488171,3554,9234,826
Interest1817352633118117106114334381410313
Depreciation3223534325205651,0021,0741,0911,1371,2161,2531,3331,401
Profit before tax6,3206,0266,4677,3068,6049,16510,60511,87913,34413,92614,41918,21918,766
Tax %31%31%31%28%30%26%25%25%24%26%26%17%
Net Profit +4,3764,1514,4905,2276,0606,7567,9998,89210,14310,28210,67115,05915,073
EPS in Rs20.1719.1820.6824.0927.9731.1734.0337.7943.0743.7445.3264.0164.10
Dividend Payout %74%83%82%83%78%80%119%90%91%96%117%64%

Financials of Hind. Unilever

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital216216216216216216235235235235235235235
Reserves3,8116,3576,5287,0657,6518,01347,43948,82650,06950,98349,16748,50448,595
Borrowings +43177277099001,0431,2191,4841,6481,4781,672
Other Liabilities +10,3598,0438,68510,58110,66311,92421,06620,40221,55425,78728,81329,52132,405
Total Liabilities14,43014,79315,70617,86218,62920,15368,74070,50673,07778,48979,86379,73882,907
Fixed Assets +2,8213,2584,4194,5284,7155,47951,44351,47352,67853,74454,33557,42857,618
CWIP5164082294614065977451,3131,1321,0251,0098801,000
Investments3,0252,5923,7942,8732,7161,2552,7093,5212,8824,6253,8104,3597,477
Other Assets +8,0678,5357,26410,00010,79212,82213,84314,19916,38519,09520,70917,07116,812
Total Assets14,43014,79315,70617,86218,62920,15368,74070,50673,07778,48979,86379,73882,907

Financials of Hind. Unilever

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +3,2924,1715,1856,0595,8007,6239,1639,0489,99115,46911,88610,999
Cash from Investing Activity +138-282-1,173-1,063-4381,791-1,228-1,728-1,484-5,3246,473-3,676
Cash from Financing Activity +-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-3325-20221-282,595-1,374-695-4461115,258-3,487
Free Cash Flow3,2463,4604,2485,1965,0466,8135,0977,9958,98014,01210,6249,667
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit95%100%111%111%96%103%100%92%93%108%96%105%

Financials of Hind. Unilever

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days121412131711141619182319
Inventory Days777567655965666555556161
Days Payable148156164185166176163145123143156169
Cash Conversion Cycle-60-67-85-107-90-101-83-64-50-70-72-89
Working Capital Days-53-26-35-37-30-31-32-22-15-22-34-23
ROCE %139%112%91%103%116%117%39%25%27%27%28%28%

Guidance history

How Hind. Unilever's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlanned——
Q4 FY26 call →0–10%FlatPlanned——
Q3 FY26 call →0–10%FlatPlanned——
Q2 FY26 call →10–20%FlatPlanned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

16out of 100

Momentum score · price trend

16 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−24.5%32%
Last 6 months−17.2%26%
Last 3 months−11.3%41%

The price is 34.6% below its all-time high of ₹2,849.77 (20 Sept 2024). Stocks more than 20% below their peak have their score halved, so 32 became 16.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Hind. Unilever: 0.4 × 32 + 0.4 × 26 + 0.2 × 41 = 32, halved to 16 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Hind. Unilever's management said in earlier quarters

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