HINDUNILVR · Personal & Household Prods. · INE030A01027
Analyst mean 2.21 · 38 analysts · 51% bullishWhat the numbers mean when read together — computed from the filings, not a score.
Operating cash flow is only 73% of trailing profit. Worth watching whether the gap is working-capital timing or something structural.
Operating cash flow ₹10,999 cr vs trailing net profit ₹14,971 cr. A persistent gap below 1.0 can be benign (growth working capital) or a tell (profit not converting to cash).
Both revenue and profit grew over the last year (5.8% and 38.3%) — growth is translating to the bottom line.
Trailing revenue ₹66,052 cr, trailing profit ₹14,971 cr. Profit growing at least as fast as revenue indicates operating leverage or pricing power.
Net margin has narrowed from 17.6% to 15.5% year-on-year — profitability per rupee of sales is shrinking.
Quarter net margin 15.5% vs 17.6% four quarters earlier. Sustained compression signals pricing pressure, cost inflation, or mix deterioration.
Free cash flow is positive and consistent — the business funds itself after capex.
Latest free cash flow ₹9,667 cr. Negative in only 0 of 12 years. A self-funding business needs less external capital and dilutes less.
Markers show corporate actions (splits, bonus, dividends). Prices are split-adjusted so the series is continuous.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,926 | 15,556 | 15,190 | 15,757 | 15,919 | 16,441 | 16,351 | 17,341 |
| Expenses | 12,139 | 11,867 | 11,572 | 12,118 | 12,137 | 12,660 | 12,514 | 13,394 |
| Other Income | 203 | 733 | 149 | 103 | 269 | 4,048 | 503 | 113 |
| Depreciation | 338 | 318 | 318 | 326 | 322 | 337 | 348 | 353 |
| Profit before tax | 3,542 | 3,995 | 3,372 | 3,294 | 3,605 | 7,404 | 3,916 | 3,632 |
| Net Profit | 2,595 | 2,989 | 2,475 | 2,768 | 2,694 | 6,603 | 2,994 | 2,680 |
| EPS | 11.03 | 12.70 | 10.49 | 11.73 | 11.43 | 28.12 | 12.73 | 11.38 |
| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 235 | 235 | 235 | 235 | 235 | 235 |
| Reserves | 47,439 | 48,826 | 50,069 | 50,983 | 49,167 | 48,504 |
| Borrowings | 0 | 1,043 | 1,219 | 1,484 | 1,648 | 1,478 |
| Fixed Assets | 51,443 | 51,473 | 52,678 | 53,744 | 54,335 | 57,428 |
| CWIP | 745 | 1,313 | 1,132 | 1,025 | 1,009 | 880 |
| Investments | 2,709 | 3,521 | 2,882 | 4,625 | 3,810 | 4,359 |
| Total Assets | 68,740 | 70,506 | 73,077 | 78,489 | 79,863 | 79,738 |