Hindustan Unilever Limited (HUL) filed a regulatory disclosure pursuant to SEBI Listing Regulations (Regulation 30) containing its unaudited financial results for the quarter and half year ended 30th September 2026, along with an investor presentation and press release.

Financial Performance - Q2 FY27 (Quarter Ended 30th September 2026)

  • Turnover: ₹18,071 crores
  • Underlying Sales Growth (USG): 15% year-on-year (highest in last 14 quarters)
  • Underlying Volume Growth (UVG): 7% year-on-year
  • EBITDA: ₹4,089 crores, representing 8% year-on-year growth
  • EBITDA Margin: 22.6% (within guided range of 22-24%)
  • Profit After Tax before exceptional items (PAT bei): ₹2,795 crores, representing 9% year-on-year growth
  • Reported Profit After Tax: ₹2,796 crores (flat YoY due to one-off tax related gains of ₹273 crores in exceptional items in base period)

Financial Performance - H1 FY27 (Half Year Ended 30th September 2026)

  • Turnover: ₹35,255 crores
  • Underlying Sales Growth (USG): 12% year-on-year
  • Underlying Volume Growth (UVG): 6% year-on-year
  • EBITDA Growth: 8% year-on-year
  • PAT (bei) Growth: 9% year-on-year

Dividend Declaration

The Board of Directors declared an interim dividend of ₹19 per share for the financial year ending 31st March 2027.

Segment-wise Performance (Q2 FY27)

Home Care

  • Revenue: ₹6,878 crores | Margin: 16%
  • USG: 22% | UVG: Double-digit growth
  • Fabric Wash and Household Care delivered double-digit, broad-based growth across brands and formats
  • Liquids continued robust double-digit growth trajectory
  • Market leadership strengthened through focused market development and calibrated pricing actions

Beauty & Wellbeing

  • Revenue: ₹4,319 crores | Margin: 29%
  • USG: 16% | UVG: Double-digit growth
  • Hair Care accelerated double-digit, volume-led growth trajectory
  • Skin Care and Colour Cosmetics delivered double-digit, volume-led growth
  • Premium Skin Care sustained growth trajectory with double-digit growth in organised trade
  • Health & Wellbeing (OZiva) had subdued performance

Personal Care

  • Revenue: ₹2,617 crores | Margin: 17%
  • USG: 9% | UVG: Flat
  • Skin Cleansing delivered double-digit USG
  • Oral Care delivered low-single digit USG driven by premium innovations

Foods

  • Revenue: ₹3,849 crores | Margin: 22%
  • USG: 9% | UVG: Low-single digit growth
  • Lifestyle Nutrition accelerated double-digit growth momentum
  • Packaged Foods delivered double-digit, broad-based growth
  • Coffee delivered high-single digit growth driven by volumes

Product Innovations and Launches

During the quarter, the company:

  • Expanded Simple portfolio with new Barrier Repair Range
  • Relaunched Vaseline body lotion with upgraded packaging and proposition
  • Launched premium Body Serum lotions under Dove
  • Expanded Minimalist range in Skin Care and Hair Care
  • Relaunched Lux Bar with contemporary packaging
  • Horlicks expanded into protein segment with Horlicks protein powder launch
  • Kissan Condiments refreshed its proposition alongside contemporary packaging

Management Commentary

Priya Nair, CEO and Managing Director, commented that the Indian economy remains resilient with healthy macro indicators supporting a positive consumption environment. The company continues to invest in building long-term capabilities and remains anchored to the 'Winning in New India' strategy of delivering competitive, volume-led profit growth.

Mid-term Outlook

  • Underlying demand environment remains resilient, supported by healthy macro indicators
  • Expect FY27 to be better than FY26 driven by portfolio and channel transformation
  • Commodity inflation expected to continue in the short-term
  • Consolidated EBITDA Margin to be within the current guided range of 22-24%
  • Focus remains on driving competitive, volume-led profit growth anchored to WINI strategy

Definitions

  • Underlying Sales Growth (USG): Increase in turnover for the period, excluding any change resulting from acquisitions and disposals
  • Underlying Volume Growth (UVG): Volume growth including the impact of mix of turnover realisation of products sold
  • PAT (bei): Profit After Tax before exceptional items