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HINDUNILVR - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 25 May 26, 12:03 am

Fundamental Rating: 3.9

Stock Code HINDUNILVR Market Cap 5,17,427 Cr. Current Price 2,202 ₹ High / Low 2,660 ₹
Stock P/E 47.6 Book Value 210 ₹ Dividend Yield 1.86 % ROCE 28.1 %
ROE 22.1 % Face Value 1.00 ₹ DMA 50 2,245 ₹ DMA 200 2,297 ₹
Chg in FII Hold -0.61 % Chg in DII Hold 0.65 % PAT Qtr 2,766 Cr. PAT Prev Qtr 2,730 Cr.
RSI 44.2 MACD -5.51 Volume 14,11,723 Avg Vol 1Wk 13,14,729
Low price 2,022 ₹ High price 2,660 ₹ PEG Ratio 17.3 Debt to equity 0.03
52w Index 28.1 % Qtr Profit Var 9.21 % EPS 65.7 ₹ Industry PE 41.3

📊 Core Financials

  • Revenue Growth: Quarterly PAT at ₹2,766 Cr vs ₹2,730 Cr, showing modest 9.21% growth.
  • Profit Margins: ROE at 22.1% and ROCE at 28.1% highlight strong profitability.
  • Debt Ratios: Debt-to-equity of 0.03 reflects negligible leverage.
  • Cash Flows: Dividend yield of 1.86% provides moderate shareholder returns.
  • Return Metrics: EPS of ₹65.7 demonstrates solid earnings power.

💹 Valuation Indicators

  • P/E Ratio: 47.6 vs industry PE of 41.3, suggesting premium valuation.
  • P/B Ratio: Price ₹2,202 vs book value ₹210, trading at ~10.5x book.
  • PEG Ratio: 17.3, indicating expensive growth expectations.
  • Intrinsic Value: Current price below DMA 50 (₹2,245) and DMA 200 (₹2,297), showing weak momentum.

🏢 Business Model & Competitive Advantage

Hindustan Unilever Limited (HINDUNILVR) is India’s largest FMCG company with a diversified portfolio across personal care, home care, and food & beverages. Its competitive advantage lies in brand leadership, distribution strength, and consistent innovation. Strong ROE and ROCE reinforce operational efficiency.

📈 Entry Zone & Long-Term Guidance

Entry zone looks attractive around ₹2,150–₹2,200 given RSI (44.2) and MACD (-5.51) showing oversold conditions. Long-term holding is favorable due to brand strength, industry leadership, and consistent profitability, though valuations remain high.


✅ Positive

  • Strong ROE (22.1%) and ROCE (28.1%) reflect efficient capital use.
  • Debt-to-equity ratio of 0.03 ensures financial stability.
  • EPS of ₹65.7 highlights robust earnings profile.

⚠️ Limitation

  • P/E ratio (47.6) above industry average (41.3), suggesting overvaluation.
  • Dividend yield of 1.86% is modest compared to valuation levels.

📉 Company Negative News

  • Stock trading below DMA 200, reflecting weak technical momentum.
  • FII holding decreased (-0.61%), showing reduced foreign investor confidence.

📈 Company Positive News

  • DII holding increased (+0.65%), showing strong domestic institutional support.
  • Quarterly PAT improved from ₹2,730 Cr to ₹2,766 Cr.

🏭 Industry

The FMCG industry in India is resilient, driven by rising consumption, urbanization, and premiumization trends. Industry PE at 41.3 is lower than HINDUNILVR’s 47.6, suggesting relative overvaluation. Competitive pressures exist, but HUL benefits from unmatched brand leadership.

🔎 Conclusion

HINDUNILVR demonstrates strong fundamentals with high returns, negligible debt, and industry leadership. Despite premium valuations, entry around ₹2,150–₹2,200 is reasonable for long-term investors. Holding is recommended for stability, dividends, and consistent growth potential.

Would you like me to also compare HINDUNILVR with peers like ITC, Nestle India, and Dabur to evaluate relative positioning in the FMCG sector?

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