Hindustan UnileverNSE: HINDUNILVRBSE: 500696Fast Moving Consumer Goods · Diversified FMCG

₹2,101.306.60 (0.31%)

Mkt Cap: ₹4.94 L Cr.
P/E (TTM): 33.11
Open: ₹2,119.60
Day's Range: ₹2,091.10 – ₹2,119.60
52W Range: ₹2,016.00 – ₹2,750.00
Div Yield: 2.08%
EPS (TTM): ₹45.11
Book Value: ₹207.44

Hindustan Unilever Financial Statements

Name: Hindustan Unilever Financials — historical data
Creator: StockeZee

For Mar 2026, Hindustan Unilever reported revenue of ₹64,468 crore and net profit of ₹15,040 crore. Return on equity stands at 31.00%. Profit & loss, balance sheet and cash flow across 9 reported years are below.

Updated 31 Jul 2026Source: NSE & BSE company filingsNifty 50 constituent

Latest year revenue: ₹64,468 Cr
EBITDA: ₹15,054 Cr
Operating margin: 23.35%
Profit after tax: ₹15,040 Cr
Net margin: 23.33%
EPS: ₹64.01
Latest year: Mar 2026
Years reported: 9

Hindustan Unilever profit & loss

Reported annual performance for Hindustan Unilever, oldest to newest. Figures in ₹ crore unless a row states otherwise.

Hindustan Unilever annual profit and loss statement. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue from Operations	36,238	39,310	39,783	47,028	52,446	60,580	61,896	63,121	64,468
Sales Growth YoY %	—	8.48%	1.2%	18.21%	11.52%	15.51%	2.17%	1.98%	2.13%
Other Income	384	550	632	410	258	512	811	1,017	751
Total Income	36,622	39,860	40,415	47,438	52,704	61,092	62,707	64,138	65,219
Cost of Goods Sold (COGS)	16,730	18,474	18,259	22,148	25,735	31,716	29,760	30,578	31,665
Cost of Materials Consumed	12,927	13,707	11,976	15,432	16,446	20,212	19,257	19,458	20,981
Purchases of Stock-in-Trade	3,875	4,755	6,391	7,121	9,311	11,579	10,514	11,273	11,113
Changes in Inventories	-72	12	-108	-405	-22	-75	-11	-153	-429
Gross Profit	19,508	20,836	21,524	24,880	26,711	28,864	32,136	32,543	32,803
Gross Margin %	53.83%	53%	54.1%	52.9%	50.93%	47.65%	51.92%	51.56%	50.88%
Total Operating Expenses	12,009	11,956	11,663	13,254	13,854	14,715	17,473	17,692	17,749
Employee Benefit Expense	1,860	1,875	1,820	2,358	2,545	2,854	3,009	3,077	3,175
Other Expenses	10,149	10,081	9,843	10,896	11,309	11,861	14,464	14,615	14,574
EBITDA	7,499	8,880	9,861	11,626	12,857	14,149	14,663	14,851	15,054
OPM %	20.69%	22.59%	24.79%	24.72%	24.51%	23.36%	23.69%	23.53%	23.35%
Total Non-Operating Expenses	513	370	920	952	1,153	1,187	1,556	2,055	1,508
Depreciation & Amortisation	520	565	1,002	1,074	1,091	1,137	1,216	1,355	1,333
Finance Costs	26	33	118	117	106	114	334	395	410
Exceptional Items (Before Tax)	-33	-228	-200	-239	-44	-64	6	305	-235
Profit Before Tax (PBT)	7,304	8,604	9,173	10,606	11,874	13,346	13,930	14,423	13,827
Tax Expense	2,079	2,544	2,409	2,606	2,987	3,201	3,644	3,744	3,160
Current Tax	2,216	2,610	2,243	2,520	2,840	3,001	3,521	3,620	3,163
Deferred Tax	-137	-66	166	86	147	200	123	124	-3
Effective Tax %	28.46%	29.57%	26.26%	24.57%	25.16%	23.98%	26.16%	25.96%	22.85%
Profit/Loss from Discontinued Operations	2	0	-8	-1	5	-1	0	0	4,407
Total Profit for Period	5,227	6,060	6,756	7,999	8,892	10,143	10,282	10,671	15,059
Less: Non-controlling Interests	13	6	8	4	13	23	5	22	19
Net Profit (Owner's PAT)	5,214	6,054	6,748	7,995	8,879	10,120	10,277	10,649	15,040
Net Profit Margin %	14.39%	15.4%	16.96%	17%	16.93%	16.71%	16.6%	16.87%	23.33%
PAT Growth YoY %	—	16.11%	11.46%	18.48%	11.06%	13.98%	1.55%	3.62%	41.23%
Earnings Per Share (EPS)	₹24.09	₹27.97	₹31.17	₹34.03	₹37.79	₹43.07	₹43.74	₹45.32	₹64.01
Diluted Shares Outstanding (Cr.)	216	216	216	235	235	235	235	235	235
Profit/Loss from Associates	0	0	0	0	0	-1	-4	-8	-15
Other Comprehensive Income (Net of Tax)	-11	-4	-89	21	115	-26	25	-19	202
Expenses	29,318	31,256	31,242	36,832	40,830	47,746	48,777	49,715	51,392
Material Cost %	35.67%	34.87%	30.1%	32.81%	31.36%	33.36%	31.11%	30.83%	32.54%
Employee Cost %	5.13%	4.77%	4.57%	5.01%	4.85%	4.71%	4.86%	4.87%	4.92%
Other Cost %	28.01%	25.64%	24.74%	23.17%	21.56%	19.58%	23.37%	23.15%	22.61%
Interest Coverage (x)	268.42	251.97	75.08	90.19	111	114.14	40.26	34.17	33.47

Hindustan Unilever revenue and profit trend

Reported annual revenue and net profit, oldest to newest. Two panels because the two measures live on different scales — one shared axis would distort both.

Hindustan Unilever balance sheet

Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.

Hindustan Unilever annual balance sheet with assets, liabilities and equity. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Equity	7,885	8,246	47,694	49,087	50,522	51,423	49,609	49,008
Equity Share Capital	216	216	235	235	235	235	235	235
Reserves & Surplus	7,651	8,013	47,439	48,826	50,069	50,983	49,167	48,504
Equity Method Investments	—	—	—	—	69	65	57	—
Total Equity	7,885	8,246	47,694	49,087	50,522	51,423	49,609	49,008
Non-Current Liabilities	2,077	2,590	9,960	10,150	10,537	14,200	13,734	15,195
Deferred Tax Liabilities	—	—	5,988	6,141	6,421	6,557	6,685	7,474
Non-Current Provisions	1,082	1,227	1,578	1,580	1,363	1,576	1,528	1,684
Other Non-Current Liabilities	818	424	1,367	1,331	1,086	4,243	3,598	3,692
Non-Current Financial Liabilities	177	939	1,027	1,098	1,667	1,824	1,923	2,345
Current Liabilities	8,667	9,317	11,103	11,280	12,028	12,876	16,537	15,549
Short-term Borrowings	99	—	—	—	98	13	1	—
Trade Payables	7,206	7,535	8,802	9,068	9,574	10,486	11,315	13,325
Current Financial Liabilities	7,591	8,467	10,008	10,269	10,875	11,729	13,000	14,544
Other Current Financial Liabilities	286	932	1,206	1,201	1,203	1,230	1,684	1,219
Other Current Liabilities	553	428	588	665	764	807	959	736
Current Provisions	523	422	507	346	389	340	675	265
Current Tax Liabilities	—	—	—	—	—	—	1,903	4
Total Liabilities	10,744	11,907	21,063	21,430	22,565	27,076	30,271	30,744
Total Non-Current Assets	6,715	7,832	54,540	54,995	56,089	57,175	57,829	60,731
Property, Plant & Equipment (PPE)	4,192	4,960	6,116	6,169	6,949	8,031	8,625	8,182
Capital Work-in-Progress	406	597	745	1,313	1,132	1,025	1,009	880
Intangible Assets	406	402	27,930	27,907	28,263	28,247	28,244	31,184
Non-Current Investments	2	2	2	2	2	2	2	112
Loans – Non-Current	215	238	251	115	98	102	87	85
Other Non-Current Assets	993	1,229	1,465	1,352	1,375	1,467	1,559	1,503
Non-Current Financial Assets	228	243	870	846	825	864	852	906
Net Fixed Assets	5,004	5,959	34,791	35,389	36,344	37,303	37,878	40,246
Total Current Assets	11,910	12,303	14,200	15,509	16,986	21,312	22,028	19,007
Inventories	2,574	2,767	3,579	4,096	4,251	4,022	4,415	4,789
Trade Receivables	1,816	1,149	1,758	2,236	3,079	2,997	3,819	3,379
Cash & Cash Equivalents	621	3,216	1,842	1,147	714	825	6,071	2,583
Current Investments	2,714	1,253	2,707	3,519	2,811	4,558	3,751	4,247
Loans – Current	4	—	—	35	36	38	46	50
Current Financial Assets	8,868	8,935	10,124	10,725	11,990	16,577	16,658	12,903
Other Current Assets	468	601	497	688	745	713	955	1,159
Other Current Financial Assets	577	1,420	1,188	1,089	1,386	1,425	1,488	1,979
Assets Held for Sale	4	18	17	13	12	12	23	14
Current Tax Assets	—	—	—	—	—	—	—	156
Net Working Capital	3,243	2,986	3,097	4,229	4,958	8,436	5,491	3,458
Additional Asset Fields	391	301	37	37	228	215	224	283
Def Tax Assets	373	284	17	11	10	10	17	14
Non Controlling Int	18	17	20	26	218	205	207	269
Total Assets	18,629	20,153	68,757	70,517	73,087	78,499	79,880	79,752
Total Borrowings	99	—	—	—	98	13	1	—
Net Debt	-522	—	—	—	-616	-812	-6,070	—
Debt to Equity (x)	0.01	—	—	—	0	0	0	—
Current Ratio (x)	1.37	1.32	1.28	1.37	1.41	1.66	1.33	1.22

Hindustan Unilever cash flow statement

Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.

Hindustan Unilever annual cash flow statement across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Net Cash from Operating Activities	9,048	9,991	15,469	11,886	10,999
Profit Before Tax	11,874	13,346	13,930	14,423	13,827
Depreciation & Amortisation	1,106	1,152	1,216	1,363	1,436
Finance Costs	106	114	317	372	424
Working Capital Changes	-1,000	-957	1,287	-791	704
Tax Paid	-2,784	-3,138	-381	-2,268	-4,840
Net Cash from Investing Activities	-1,728	-1,494	-5,324	6,473	-3,684
Purchase of PPE	-1,225	-1,174	-1,468	-1,254	-1,258
Sale of Fixed Assets	175	181	20	-8	29
Interest Received	161	259	425	835	428
Net Cash from Financing Activities	-8,015	-8,953	-10,034	-13,101	-10,810
Proceeds from Borrowings	55	0	0	0	0
Repayment of Borrowings	-55	-7	-85	0	-46
Interest Paid	-82	-88	-110	-130	-133
Dividend Paid	-7,526	-8,474	-9,416	-12,473	-10,124
Buyback / Redemption of Shares	0	0	0	0	0
Lease Liabilities Paid	-407	-467	-423	-498	-507
Net Change in Cash	-695	-456	111	5,258	-3,495
Effect of Foreign Exchange Changes	0	0	0	0	0
Free Cash Flow	7,823	8,817	14,001	10,632	9,741
CFO / PBT (x)	0.76	0.75	1.11	0.82	0.8

Hindustan Unilever key ratios

Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.

Hindustan Unilever trades at a P/E of 33.11× against a sector median of 34.07× — a 3% discount. Sector comparisons can mislead for conglomerates with mixed business lines.

Hindustan Unilever valuation, profitability, return and leverage ratios
Ratio	Category	Value
P/E (TTM)	Valuation	33.11
Forward P/E	Valuation	40.45
P/B	Valuation	10.16
PEG (TTM)	Valuation	3.69
EV / EBITDA (TTM)	Valuation	33.26
P/S (TTM)	Valuation	7.5
Operating margin	Profitability	23.3%
Net margin (TTM)	Profitability	23.25%
Return on equity	Return ratios	31%
Return on capital employed	Return ratios	28.4%
Return on assets	Return ratios	10.72%
Debt to equity	Leverage & liquidity	0.03
Beta	Leverage & liquidity	0.48
EPS (TTM)	Per share	₹45.11
Book value	Per share	₹207.44
Revenue / share (TTM)	Per share	₹271.32
Cash flow / share	Per share	₹46.81
Dividend yield	Shareholder returns	2.08%
Dividend payout (TTM)	Shareholder returns	142.98%

How this is calculated

Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.

Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.

Hindustan Unilever: frequently asked questions

What is Hindustan Unilever's annual revenue?

Hindustan Unilever reported revenue of ₹64,468 crore in Mar 2026, up 2.1% on the previous financial year.

Is Hindustan Unilever profitable?

Hindustan Unilever reported a net profit of ₹15,040 crore in Mar 2026, up 41.2% on the previous financial year.

What is Hindustan Unilever's EPS?

Hindustan Unilever reported earnings per share of ₹64.01 for Mar 2026.

What is Hindustan Unilever's operating margin?

Hindustan Unilever's operating margin for Mar 2026 was 23.35%.

What is Hindustan Unilever's return on equity?

Hindustan Unilever's return on equity stands at 31.00%. ROE measures profit generated per rupee of shareholder equity.

How many years of Hindustan Unilever financials are shown?

9 reported financial years are tabulated on this page, the most recent being Mar 2026.

Are these figures consolidated or standalone?

Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.

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Disclaimer

The data, ratios and commentary about Hindustan Unilever Ltd (HINDUNILVR) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.