Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Hindustan Unilever Ltd
Quarter-by-quarter operating performance
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 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 |
| Expenses + | 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% |
| Other Income + | 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% |
| Net Profit + | 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 |
Financials of Hindustan Unilever Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 31,972 | 32,186 | 33,162 | 35,545 | 39,310 | 39,783 | 47,028 | 52,446 | 60,580 | 61,896 | 63,121 | 64,468 |
| Expenses + | 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% |
| Other Income + | 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% |
| Net Profit + | 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% |
Financials of Hindustan Unilever Ltd
Capital structure and asset base
| 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 |
| Borrowings + | 43 | 177 | 277 | 0 | 99 | 0 | 0 | 1,043 | 1,219 | 1,484 | 1,648 | 1,478 |
| Other Liabilities + | 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 |
| Fixed Assets + | 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 |
| Other Assets + | 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 |
Financials of Hindustan Unilever Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 3,292 | 4,171 | 5,185 | 6,059 | 5,800 | 7,623 | 9,163 | 9,048 | 9,991 | 15,469 | 11,886 | 10,999 |
| Cash from Investing Activity + | 138 | -282 | -1,173 | -1,063 | -438 | 1,791 | -1,228 | -1,728 | -1,484 | -5,324 | 6,473 | -3,684 |
| 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 | -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% |
Financials of Hindustan Unilever Ltd
Working capital efficiency and return ratios
| 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% |