🔍

HINDUNILVR - Hind. Unilever

📊 NSE: HINDUNILVR 🏢 Personal Care - Multinational 📅 Last Updated: 12/13/2025 23:00

📢 Recent Corporate Announcements

HUL Releases Audio/Video Recording of Q4 FY2026 Earnings Conference Call

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Apr 2026, 08:04 PM

Hindustan Unilever Limited (HUL) has informed the exchanges that the audio and video recordings of its earnings conference call for the quarter and financial year ended March 31, 2026, are now available. This follows the company's earnings announcement and provides transparency regarding management's discussion on financial performance. The recordings are hosted on the company's official website as per SEBI regulatory requirements. This is a standard post-earnings procedure to ensure all stakeholders have access to the management commentary.

Audio and video recordings of the Q4 FY2026 earnings call are now publicly available.
The call pertains to the financial results for the period ending March 31, 2026.
Filing is in compliance with Regulation 30(6) of SEBI (LODR) Regulations, 2015.
Recordings can be accessed via the HUL investor relations portal.

💡 Investors should review the recording to understand management's perspective on volume growth and margin outlook. No immediate action is required as this is a routine compliance filing.

HUL Q4 FY26: Revenue Up 8%, Volume Growth Hits 12-Quarter High of 6%; Rs 22 Final Dividend

🟢 POSITIVE ⭐ 9/10

EARNINGS 📅 30 Apr 2026, 10:58 AM

Hindustan Unilever (HUL) reported a strong Q4 FY26 with consolidated revenue growing 8% YoY to Rs. 16,207 crores, driven by a 6% underlying volume growth, the highest in 12 quarters. EBITDA margins improved sequentially to 23.7%, while reported PAT surged 20% to Rs. 3,002 crores, aided by a stake divestment in Nutritionalab. For the full year FY26, the company achieved a turnover of Rs. 63,763 crores with a 4% volume growth. The board has proposed a final dividend of Rs. 22 per share, bringing the total FY26 payout to Rs. 41 per share.

Q4 Revenue grew 8% YoY to Rs. 16,207 crores with a 12-quarter high volume growth (UVG) of 6%.
EBITDA margin improved 40 bps sequentially to 23.7%, with absolute EBITDA up 6% YoY at Rs. 3,841 crores.
Home Care segment delivered 9% growth, while Vaseline and Sunsilk both crossed the Rs. 1,000 crore annual turnover milestone.
Reported PAT for Q4 rose 20% YoY to Rs. 3,002 crores, including proceeds from the divestment of Nutritionalab Pvt. Ltd.
Total dividend for FY26 stands at Rs. 41 per share, including a newly proposed final dividend of Rs. 22.

💡 Investors should take confidence in the recovery of volume growth and sequential margin expansion, which suggests strengthening consumer demand. The stock remains a core defensive holding with a robust dividend yield and market leadership in key categories.

HUL Schedules 93rd AGM for June 30, 2026; Sets June 23 as Cut-off Date

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Apr 2026, 10:55 AM

Hindustan Unilever Limited (HUL) has announced that its 93rd Annual General Meeting (AGM) will be held on Tuesday, June 30, 2026. The Board of Directors approved this schedule during their meeting on April 30, 2026, which concluded at 10:21 A.M. The company has also fixed June 23, 2026, as the cut-off date to determine the eligibility of shareholders to attend the meeting. This is a standard regulatory disclosure in compliance with SEBI regulations.

93rd Annual General Meeting scheduled for June 30, 2026
Cut-off date for shareholder eligibility fixed as June 23, 2026
Board meeting duration was 81 minutes, concluding at 10:21 A.M. on April 30, 2026

💡 Shareholders interested in participating in the AGM should ensure they hold shares by the June 23 cut-off date. No immediate trading action is required as this is a routine administrative announcement.

HUL Recommends ₹22 Final Dividend; FY26 Consolidated Turnover Rises to ₹63,763 Crores

🟡 NEUTRAL ⭐ 8/10

DIVIDEND 📅 30 Apr 2026, 10:53 AM

Hindustan Unilever Limited (HUL) reported a consolidated turnover of ₹63,763 crores for FY 2025-26, marking a growth from ₹60,573 crores in the previous year. However, consolidated Profit After Tax (PAT) saw a marginal decline to ₹10,652 crores from ₹10,680 crores, impacted by exceptional losses. The Board has recommended a final dividend of ₹22 per share, bringing the total payout for the year to ₹41 per share. The record date for the final dividend entitlement is fixed as June 23, 2026.

Consolidated turnover for FY26 grew 5.3% year-on-year to ₹63,763 crores.
Consolidated Profit After Tax (PAT) stood at ₹10,652 crores versus ₹10,680 crores in the previous year.
Final dividend of ₹22 per share recommended, taking total FY26 dividend to ₹41 per share.
Exceptional items for the year resulted in a loss of ₹235 crores compared to a gain of ₹347 crores last year.
Record date for the final dividend is set for June 23, 2026.

💡 Investors should focus on the steady revenue growth and consistent dividend yield despite flat bottom-line performance. The stock remains a defensive play, but monitoring margin recovery and volume growth in the investor presentation is advised.

HUL Re-appoints Ms. Ashu Suyash as Independent Director for a 5-Year Term

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 30 Apr 2026, 10:48 AM

Hindustan Unilever Limited (HUL) has approved the re-appointment of Ms. Ashu Suyash as an Independent Director for a second term of five years. Her new tenure will run from November 12, 2026, to November 11, 2031, subject to shareholder approval. Ms. Suyash is a highly experienced professional with over 35 years in financial services, including a previous role as MD & CEO of CRISIL. This move ensures leadership continuity and maintains high standards of corporate governance on the HUL board.

Re-appointment for a 5-year term commencing November 12, 2026, to November 11, 2031.
Ms. Ashu Suyash brings over 35 years of experience in banking, capital markets, and analytics.
She is the former Managing Director & CEO of CRISIL Limited and a member of the Global Operating Committee of S&P Global.
The appointment is subject to shareholder approval as per SEBI Listing Regulations.
Ms. Suyash also serves on the boards of Kotak Mahindra Bank and Tata Elxsi.

💡 This is a routine governance update that ensures board stability and expertise; no immediate trading action is required. Investors should take confidence in the company's ability to retain high-caliber independent oversight.

HUL FY26 Revenue Grows 5.3% to ₹63,763 Cr; Total Dividend Declared at ₹41 Per Share

🟡 NEUTRAL ⭐ 8/10

EARNINGS 📅 30 Apr 2026, 10:28 AM

Hindustan Unilever Limited (HUL) reported a 5.26% growth in consolidated turnover to ₹63,763 crores for the financial year ended March 31, 2026. Despite the revenue growth, Consolidated Profit After Tax (PAT) saw a marginal decline to ₹10,652 crores from ₹10,680 crores in the previous year. The bottom line was impacted by an exceptional loss of ₹235 crores compared to a gain of ₹347 crores in FY25. The Board has recommended a final dividend of ₹22 per share, taking the total dividend for the year to ₹41 per share.

Consolidated turnover increased to ₹63,763 crores in FY26 from ₹60,573 crores in FY25.
Consolidated Profit After Tax (PAT) stood at ₹10,652 crores, a slight decrease from ₹10,680 crores YoY.
Recommended a final dividend of ₹22 per share, with the record date set for June 23, 2026.
Total dividend for FY26 reaches ₹41 per share, including an interim dividend of ₹19 paid earlier.
Exceptional items resulted in a loss of ₹235 crores versus a gain of ₹347 crores in the previous fiscal.

💡 Investors should note the stagnant profit growth despite rising revenues and monitor the impact of exceptional items on the bottom line. The stock remains a steady dividend play with a total payout of ₹41 for the year.

HUL Schedules Q4 and FY26 Earnings Conference Call for April 30, 2026

🟡 NEUTRAL ⭐ 4/10

EARNINGS 📅 22 Apr 2026, 09:31 PM

Hindustan Unilever Limited (HUL) has officially scheduled its earnings conference call for the quarter and financial year ended March 31, 2026, on April 30, 2026. This announcement follows a prior intimation regarding the Board Meeting where the financial results will be formally approved. The call provides a platform for analysts and institutional investors to engage with management regarding the company's annual performance. Dial-in details and the presentation link have been made available on the company's investor relations website.

Earnings conference call scheduled for April 30, 2026, following the Board Meeting.
The call will cover financial results for the quarter and full year ended March 31, 2026.
Dial-in details are hosted on HUL's official investor relations webpage.
This is a routine regulatory intimation following the initial board meeting notice on April 2, 2026.

💡 Investors should mark April 30 on their calendars to review the financial results and listen to management commentary on volume growth and rural demand. No immediate action is required as this is a routine scheduling announcement.

Hindustan Unilever Submits Routine SEBI Compliance Certificate for Q4 FY2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Apr 2026, 03:31 PM

Hindustan Unilever Limited (HUL) has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The document, issued by KFin Technologies Limited, covers the period from January 1, 2026, to March 31, 2026. It confirms that the company has processed all dematerialization requests within the statutory 15-day limit. This filing is a standard administrative requirement to ensure the accuracy of electronic shareholding records.

Compliance for the quarter ended March 31, 2026, confirmed by RTA KFin Technologies Limited.
Demat requests processed and certificates mutilated/cancelled within 15 days of receipt.
Name of the depository substituted as the registered owner in company records.
Confirmation that dematerialized shares are listed on the BSE and NSE.

💡 This is a routine regulatory disclosure with no impact on business fundamentals. No action is required from shareholders.

HUL Clarifies No Plans to Divest Foods Portfolio Following Unilever PLC Announcement

🟡 NEUTRAL ⭐ 7/10

REGULATORY 📅 20 Mar 2026, 12:53 PM

Hindustan Unilever Limited (HUL) has issued a formal clarification to the stock exchanges following an announcement by its parent company, Unilever PLC. The company emphasized that the Foods business remains a strategic and attractive segment for its Indian operations. HUL explicitly denied being in any discussions regarding the divestment of its Foods portfolio. This clarification is intended to address market speculation and confirm the stability of its current business structure in India.

HUL issued a clarification under SEBI Regulation 30 following Unilever PLC's global announcement.
The company confirmed that the Foods segment remains an important and attractive business for HUL.
HUL stated it is not in any discussions regarding the divestment of its Foods portfolio.
The announcement aims to maintain investor confidence amidst global restructuring at the parent level.

💡 Investors should maintain their positions as the core business structure remains intact despite global changes at Unilever PLC. Monitor the Foods segment's growth contribution in upcoming quarterly results to assess its continued strategic value.

HUL Grants 2,69,514 Stock Options Under Performance Share Plan Scheme 2024

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 16 Mar 2026, 01:00 PM

Hindustan Unilever Limited (HUL) has announced the grant of 2,69,514 stock options to eligible employees under its Performance Share Plan Scheme 2024. The grant was approved by the Nomination and Remuneration Committee via a circular resolution dated March 15, 2026. Although the company stated that this is not a material event under SEBI Regulation 30, the disclosure was made to maintain transparency with shareholders. Such schemes are standard practice in large corporations to align employee performance with long-term shareholder interests.

Grant of 2,69,514 stock options to eligible employees.
Approved under the HUL Performance Share Plan Scheme 2024.
Approval finalized by the Nomination and Remuneration Committee on March 15, 2026.
Company clarified the event is not material under SEBI Listing Obligations but disclosed for transparency.

💡 No action is required as this is a routine administrative disclosure regarding employee compensation and talent retention. Investors should monitor if such grants lead to significant equity dilution over time, though this specific grant is relatively small.

HUL Announces Trading Window Closure from March 16 for FY26 Annual Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Mar 2026, 05:42 PM

Hindustan Unilever Limited (HUL) has notified the exchanges regarding the closure of its trading window starting March 16, 2026. This closure is in anticipation of the audited financial results for the quarter and financial year ending March 31, 2026. The restriction applies to designated persons and will lift 48 hours after the results are publicly disclosed. This is a mandatory regulatory requirement under SEBI's Insider Trading guidelines and does not reflect any change in company fundamentals.

Trading window closure begins on March 16, 2026.
Relates to the financial results for the quarter and year ending March 31, 2026.
Window remains closed until 48 hours post-announcement of audited results.
Filing is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

💡 This is a standard procedural announcement with no impact on company fundamentals. Investors should monitor the upcoming earnings date for actual performance data.

HUL to Participate in ICICI Group Investor Meet on March 6, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 02 Mar 2026, 05:49 PM

Hindustan Unilever Limited (HUL) has informed the exchanges about its upcoming participation in a physical group meeting with the ICICI Group. The meeting is scheduled for March 6, 2026, and will involve management representatives. This disclosure is a routine compliance requirement under Regulation 30 of the SEBI (LODR) Regulations, 2015. Such meetings are standard for large-cap companies to engage with institutional investors and discuss broader business trends.

HUL to attend a physical group meeting with ICICI Group on March 6, 2026.
The meeting will feature participation from HUL's management representatives.
Disclosure made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is a routine investor relations event with no immediate financial impact announced.

💡 Investors should monitor for any investor presentations or transcripts that may be released following the meeting for insights into management's outlook. No immediate action is required as this is a standard corporate disclosure.

HUL to Attend Kotak Chasing Growth 2026 Investor Conference on February 25

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 20 Feb 2026, 06:50 PM

Hindustan Unilever Limited (HUL) has announced its participation in the 'Kotak: CHASING GROWTH 2026' investor conference. The meeting is scheduled for February 25, 2026, and will be conducted in a physical format. Management representatives will interact with institutional investors to discuss the company's business environment and strategy. This is a standard regulatory disclosure under SEBI LODR Regulations, 2015, and does not contain any immediate financial updates.

Participation in Kotak: CHASING GROWTH 2026 conference confirmed.
The investor meet is scheduled for February 25, 2026.
The meeting will be held in a physical conference format.
Management representatives will lead the interaction with institutional investors.
Disclosure made in compliance with SEBI Listing Obligations and Disclosure Requirements.

💡 Investors should monitor for any investor presentations or transcripts released after the conference for insights into HUL's growth outlook and margin guidance. No immediate action is required as this is a routine investor interaction.

HUL to Invest ₹2,000 Crore to Expand Premium Manufacturing Capacity

🟢 POSITIVE ⭐ 8/10

EXPANSION 📅 18 Feb 2026, 07:11 PM

Hindustan Unilever (HUL) has announced a strategic investment of ₹2,000 crore to be deployed over the next two years. This capital expenditure is focused on expanding manufacturing capacity for high-growth premium categories within Beauty & Wellbeing and Home Care liquids. The initiative aims to modernize the supply chain through automation and digital technologies while targeting 100% renewable energy for the new facilities. This move underscores HUL's commitment to premiumization and scaling high-margin segments to meet evolving consumer demands.

Proposed investment of ₹2,000 crore over a two-year period across multiple locations.
Focus on premium Skin Care, Hair Care, and Home Care liquid categories.
Capacity expansion to leverage advanced automation and digital technologies for supply-chain agility.
New facilities designed to operate on 100% renewable energy in line with sustainability goals.

💡 Investors should view this as a positive long-term indicator of HUL's focus on high-margin premium segments. Monitor the progress of this capex and its eventual impact on volume growth and operating margins.

HUL Completes Acquisition of Remaining 49% Stake in Zywie Ventures for INR 824 Crores

🟢 POSITIVE ⭐ 8/10

M&A 📅 13 Feb 2026, 02:17 PM

Hindustan Unilever Limited (HUL) has successfully completed the acquisition of the balance 49% stake in Zywie Ventures Private Limited. The transaction was finalized for a total consideration of INR 824 Crores, following the terms of the Share Subscription and Share Purchase Agreement. This move gives HUL full ownership of the entity, which is known for its health and wellness brand OZiva. The acquisition aligns with HUL's long-term strategy to scale its presence in the high-growth digital-first wellness segment.

Acquisition of the remaining 49% stake in Zywie Ventures Private Limited completed on February 13, 2026.
Total cash consideration for the final tranche of shares is INR 824 Crores.
Zywie Ventures becomes a wholly-owned subsidiary of Hindustan Unilever Limited.
The transaction was executed in accordance with the Share Subscription and Share Purchase Agreement dated February 12, 2026.

💡 Investors should view this as a positive consolidation of HUL's portfolio in the premium wellness category. Monitor the integration of Zywie's brands and their impact on HUL's overall margin profile in the coming quarters.

View All HINDUNILVR Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Home Care: INR 22,808 Cr (+4.8% YoY); Beauty & Wellbeing: INR 12,821 Cr (+2.1% YoY); Personal Care: INR 9,039 Cr (-2.9% YoY); Foods: INR 15,098 Cr (-0.36% YoY); Others: INR 914 Cr (+15% YoY). Total Turnover for FY25 was INR 60,680 Cr, up 1.85% from INR 59,579 Cr in FY24.

Geographic Revenue Split

Primarily domestic (India) focused; exports and consignment sales contributed INR 914 Cr (1.5% of total turnover) in FY25. Rural demand recovery is cited as a key driver for future volume growth.

Profitability Margins

Operating profit margin remained stable at 22% in FY25. Net profit margin improved from 17.0% to 17.5% in FY25. Return on Net Worth increased from 20.0% to 21.2% YoY.

EBITDA Margin

EBITDA margin for SQ'25 was 23.2%, down 90 bps YoY due to higher business investments. H1 FY26 EBITDA margin was 23%, down 110 bps YoY. FY25 EBITDA was INR 14,289 Cr (+0.7% YoY).

Capital Expenditure

Historical investments in subsidiaries include INR 352 Cr loan to Unilever India Exports and INR 10 Cr to Lakme Lever. Cash management investments in Mutual Funds and T-Bills totaled INR 20,943 Cr as of March 31, 2025.

Credit Rating & Borrowing

Reaffirmed at CRISIL AAA/Stable. Borrowing costs are negligible as the company maintains a Debt-Equity ratio of 0.0 and an interest coverage ratio of 100.5x.

⚙️ Operational Drivers

Raw Materials

Key raw materials include palm oil and its derivatives (for Skin Cleansing), tea and coffee (for Beverages), and chemicals for Skin Care. Commodity price volatility in these areas directly impacts gross margins.

Import Sources

Sourced globally and domestically; specifically mentions PT. Unilever Oleochemical Indonesia as a key related party supplier for raw materials.

Key Suppliers

PT. Unilever Oleochemical Indonesia (UOI) is a major supplier with a shareholder-approved transaction limit of INR 3,000 Cr per financial year for raw materials.

Capacity Expansion

Current capacity not disclosed in MT; however, the company is 'reshaping the portfolio' by accelerating in high-growth demand spaces and demerging the lower-margin Ice Cream business to improve overall EBITDA by 50-60 bps.

Raw Material Costs

Operating costs for FY25 were INR 47,180 Cr (77.7% of turnover). Gross margins improved by ~400 bps in FY24 due to moderating commodity prices, though SQ'25 saw pricing volatility in Skin Cleansing and Beverages.

Manufacturing Efficiency

Return on Capital Employed (ROCE) improved significantly from 96.3% in FY24 to 108.2% in FY25, indicating high capital efficiency.

Logistics & Distribution

Distribution is managed through an extensive network; costs are part of the 'other expenses' which saw phasing impacts in SQ'25.

📈 Strategic Growth

Expected Growth Rate

Growth Strategy

Strategy based on four pillars: market development, premiumization, reshaping the portfolio (e.g., Ice Cream demerger), and channel focus (e-commerce and specialist stores). The demerger is expected to add 50-60 bps to EBITDA margins. Focus on volume-led growth in H2 FY26.

Products & Services

Soaps (Skin Cleansing), Detergents (Home Care), Tea and Coffee (Beverages), Skin Creams (Skin Care), Ketchup and Soups (Foods), and Ice Cream (until demerger).

Brand Portfolio

Lakme, Kwality Wall's, Minimalist, Surf Excel, Rin, Wheel, Dove, Lux, Ponds, Horlicks.

New Products/Services

Minimalist brand (acquired/partnered) delivered strong double-digit growth in H1 FY26. Focus on 'bold launches' in high-growth demand spaces.

Market Expansion

Expanding specialist store presence (cosmetic stores and chemists) and disproportionate investment in e-commerce, where CAC to LTV ratios are closely monitored.

Market Share & Ranking

Market leader in 85% of its business segments; reported gains in turnover-weighted market shares in SQ'25.

Strategic Alliances

Partnership with Minimalist; Material Related Party Transaction agreement with PT. Unilever Oleochemical Indonesia for raw material supply up to INR 3,000 Cr annually.

🌍 External Factors

Industry Trends

FMCG industry is shifting toward premiumization and e-commerce; rural demand is recovering while urban consumption shows some delay in pantry replenishment.

Competitive Landscape

Intensifying competition from both regional players and large FMCG peers; HUL maintains leadership through 'market development' and 'premiumization'.

Competitive Moat

Strong moat derived from market leadership in 85% of portfolio, extensive distribution network, and brand equity (Lakme, Dove, etc.). Sustainable through high ROCE (108.2%) and EVA-focused capital allocation.

Macro Economic Sensitivity

Highly sensitive to rural demand recovery and inflation; easing inflation is expected to support volume growth in FY25.

Consumer Behavior

Consumers delayed pantry replenishment in SQ'25 in expectation of lower shelf prices due to pricing volatility.

Geopolitical Risks

Resolution of prior years' tax matters between UK and Indian tax authorities resulted in a one-off positive impact on PAT in SQ'25.

⚖️ Regulatory & Governance

Industry Regulations

Transitory impact from GST changes noted in SQ'25; compliance with SEBI (SBEB) Regulations for employee share plans.

Environmental Compliance

Integrated Report focuses on Natural, Human, and Social Capital; specific ESG compliance costs in INR are not disclosed.

Taxation Policy Impact

Normalized Effective Tax Rate is 26.6%. H1 FY26 reported ETR was 20.5% due to one-off tax settlements.

Legal Contingencies

Resolution of prior years' tax matters between UK and Indian tax authorities provided a one-off benefit. 92 integrity incidents reported in FY25, resulting in 37 employee terminations.

⚠️ Risk Analysis

Key Uncertainties

Volatility in commodity prices (palm oil, tea) and the pace of rural demand recovery are the primary uncertainties impacting margins and volume growth.