Hindustan Unilever Limited (HUL) FY25 & Q4FY25 Results Update

Navigating Resilience with Strategic Premiumization
(CMP: ₹2331 as on April 2025)

🔷 Financial Highlights

• Revenue Growth:
  
  

• Q4FY25 Revenue at ₹15,000 Cr, up 3% YoY (Mild improvement)
  
  

• FY25 Revenue at ₹60,680 Cr, up 2% YoY
  
  

• Volume Growth:
  
  

• Q4FY25 and FY25 UVG at 2%
  
  

• Profitability:
  
  

• Q4FY25 PAT grew 4% YoY to ₹2,493 Cr
  
  

• FY25 PAT grew 5% YoY to ₹10,644 Cr
  
  

• Margins remained robust with EBITDA margin at 23.1% for Q4FY25 but declined by 30 bps v/s last year.
  
  

🔷 Segmental Performance

Key Highlights:

• Liquids Portfolio and Premiumization driving growth.
  
  

• Ice Cream, Hair Care, and Beverages categories showing strong momentum.
  
  

🔷 Solvency, Liquidity & Cash Flow Strength

• Debt-Free Balance Sheet
  
  

• Cash and Equivalents: ₹5,947 Cr
  
  

• Operating Cash Flow: ₹11,606 Cr
  
  

• Dividend: ₹53/share (Yield: ~2.3%)
  
  

🔷 Strategic Focus Areas

• Accelerated premiumization into Future Core categories.
  
  

• Increased digital-first marketing: 40% rise in influencer spends.
  
  

• Strong e-commerce penetration: 45% GSV growth.
  
  

• Rural revival strategies underway.
  
  

🔷 Valuation Snapshot

🔷 Outlook

Short Term:
Moderate growth expected with improving macro trends in H2FY26.

Long Term:
Sustained leadership in Indian FMCG space, driven by innovation, digitization, and premiumization.

Corporate View:
✅ Hold/Gradual Accumulation for long-term portfolios.

📢 Disclosure:
This report is for educational purposes and does not constitute financial advice. Investors must exercise discretion.