HUL

HINDUSTAN UNILEVER LTD

Financial statements & historical fundamentals analysis

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Borrowings	+277	0	+99	0	0	+1,043	+1,219	+1,484	+1,648	+1,478
Capital Work in Progress	+229	+461	+406	+597	+745	+1,313	+1,132	+1,025	+1,009	+880
Debtor Days	+12	+13	+17	+11	+14	+16	+19	+18	+23	+19
Debtors	+1,085	+1,310	+1,816	+1,149	+1,758	+2,236	+3,079	+2,997	+3,819	+3,379
Equity Share Capital	+216	+216	+216	+216	+235	+235	+235	+235	+235	+235
Inventory	+2,541	+2,513	+2,574	+2,767	+3,579	+4,096	+4,251	+4,022	+4,415	+4,789
Inventory Turnover	+13	+14	+15	+14	+13	+13	+14	+15	+14	+13
Investments	+3,794	+2,873	+2,716	+1,255	+2,709	+3,521	+2,882	+4,625	+3,810	+4,359
Net Block	+4,419	+4,528	+4,715	+5,479	+51,443	+51,473	+52,678	+53,744	+54,335	+57,428
Other Assets	+7,264	+10,000	+10,792	+12,822	+13,843	+14,199	+16,385	+19,095	+20,709	+17,071
Other Liabilities	+8,685	+10,581	+10,663	+11,924	+21,066	+20,402	+21,554	+25,787	+28,813	+29,521
Reserves	+6,528	+7,065	+7,651	+8,013	+47,439	+48,826	+50,069	+50,983	+49,167	+48,504
Return on Capital Emp	—	+1	+1	+1	+0	+0	+0	+0	+0	+0
Return on Equity	+1	+1	+1	+1	+0	+0	+0	+0	+0	+0
Total	+15,706	+17,862	+18,629	+20,153	+68,740	+70,506	+73,077	+78,489	+79,863	+79,738
Working Capital	-1,421	-581	+129	+898	-7,223	-6,203	-5,169	-6,692	-8,104	-12,450

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Financing Activity	-4,214	-4,975	-5,390	-6,819	-9,309	-8,015	-8,953	-10,034	-13,101	-10,810
Cash from Investing Activity	-1,173	-1,063	-438	+1,791	-1,228	-1,728	-1,484	-5,324	+6,473	-3,676
Cash from Operating Activity	+5,185	+6,059	+5,800	+7,623	+9,163	+9,048	+9,991	+15,469	+11,886	+10,999
Net Cash Flow	-202	+21	-28	+2,595	-1,374	-695	-446	+111	+5,258	-3,487

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Depreciation	+432	+520	+565	+1,002	+1,074	+1,091	+1,137	+1,216	+1,253	+1,333	+1,360
Dividend Payout	+1	+1	+1	+1	+1	+1	+1	+1	+1	+1	—
EPS	+21	+24	+28	+31	+34	+38	+43	+44	+45	+64	+64
Expenses	+26,834	+28,046	+30,430	+29,922	+35,402	+39,589	+46,433	+47,237	+46,630	+49,429	+50,705
Interest	+35	+26	+33	+118	+117	+106	+114	+334	+381	+410	+363
Net profit	+4,476	+5,214	+6,054	+6,748	+7,995	+8,879	+10,120	+10,277	+10,649	+15,040	+14,957
Operating Profit	+6,328	+7,499	+8,880	+9,861	+11,626	+12,857	+14,147	+14,659	+14,698	+15,039	+15,347
OPM	+0	+0	+0	+0	+0	+0	+0	+0	+0	+0	+0
Other Income	+606	+353	+322	+424	+170	+219	+448	+817	+1,355	+4,923	+4,933
Price	+873	+1,276	+1,634	+2,200	+2,327	+1,961	+2,450	+2,167	+2,162	+2,055	+1,927
Price to earning	+42	+53	+58	+71	+68	+52	+57	+50	+48	+32	+30
Profit before tax	+6,467	+7,306	+8,604	+9,165	+10,605	+11,879	+13,344	+13,926	+14,419	+18,219	+18,557
Sales	+33,162	+35,545	+39,310	+39,783	+47,028	+52,446	+60,580	+61,896	+61,328	+64,468	+66,052
Tax	+1,977	+2,079	+2,544	+2,409	+2,606	+2,987	+3,201	+3,644	+3,748	+3,160	+3,586

Metric	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Depreciation	+320	+329	+338	+318	+318	+326	+322	+337	+348	+353
Expenses	+11,675	+11,965	+12,139	+11,867	+11,572	+12,118	+12,137	+12,660	+12,514	+13,394
Interest	+105	+93	+110	+109	+77	+122	+124	+88	+76	+75
Net profit	+2,558	+2,610	+2,591	+2,984	+2,464	+2,756	+2,685	+6,607	+2,992	+2,673
Operating Profit	+3,535	+3,742	+3,787	+3,689	+3,618	+3,639	+3,782	+3,781	+3,837	+3,947
OPM	+0	+0	+0	+0	+0	+0	+0	+0	+0	+0
Other Income	+309	+209	+203	+733	+149	+103	+269	+4,048	+503	+113
Profit before tax	+3,419	+3,529	+3,542	+3,995	+3,372	+3,294	+3,605	+7,404	+3,916	+3,632
Sales	+15,210	+15,707	+15,926	+15,556	+15,190	+15,757	+15,919	+16,441	+16,351	+17,341
Tax	+858	+917	+947	+1,006	+897	+526	+911	+801	+922	+952