One of India’s leading fast-moving consumer goods (FMCG) corporations is Hindustan Unilever Ltd., also known as HUL. It has been doing business in India for more than 80 years as a subsidiary of the British-Dutch multinational corporation Unilever. HUL has a broad product line that includes everything from foods and drinks to personal care and home care items, and it dominates both urban and rural Indian markets. The business is renowned for its emphasis on innovation, sustainability, and providing value to its customers. We shall explore more deeply into the background, offerings, and corporate philosophy of Hindustan Unilever Ltd. in this article.
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Contents
HOW TO BUY HUL SHARES?
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HUL IN RECENT NEWS
- Hindustan Unilever Ltd has divested its atta and salt businesses for a sum of ₹60.4 crore.
- HUL has partnered with Coaching Beyond to provide training and mentorship for promising young women cricketers.
- HUL and Reckitt emerged as leaders in television advertising during the initial half of 2023.
- HUL’s first-quarter results revealed an impressive 8% increase in net profit, totaling ₹2,472 crore.
- Hindustan Unilever is expecting a consistent rebound in its volume sales.
- Hindustan Unilever aims to prioritize and enhance growth driven by increasing product volumes.
HUL SHARE PRICE TARGET 2023
| HUL SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| September 2023 | ₹2,790.16 | ₹1,915.50 |
| October 2023 | ₹3,609.67 | ₹2,776.67 |
| November 2023 | ₹3,970.64 | ₹3,054.34 |
| December 2023 | ₹4,447.12 | ₹3,420.86 |
It is evident that Hindustan Unilever Ltd’s share price is projected to experience an upward trend in 2023. The maximum price for the stock is expected to reach ₹4,447.12 in December 2023, which is a significant increase from its current price. Additionally, the minimum price for the stock is expected to rise from ₹1,915.50 in September 2023 to ₹3,420.86 in December 2023. This indicates a bullish market sentiment for the company and suggests that investors may benefit from investing in the stock.
In particular, the growth percentage for Hindustan Unilever Ltd’s share price is projected to be substantial, especially in the second half of the year. The stock is expected to rise by more than 80% from its minimum price in September 2023 to its maximum price in December 2023. Such growth may be attributed to the company’s robust business strategies and focus on sustainability, which have led to consistent revenue growth over the years.
HUL SHARE PRICE TARGET 2024
| HUL SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹4,681.17 | ₹3,383.12 |
| February 2024 | ₹5,259.75 | ₹4,383.12 |
| March 2024 | ₹5,536.58 | ₹4,501.28 |
| April 2024 | ₹5,033.25 | ₹3,871.73 |
| May 2024 | ₹4,194.38 | ₹3,226.44 |
| June 2024 | ₹5,033.25 | ₹3,871.73 |
| July 2024 | ₹4,278.26 | ₹3,316.48 |
| August 2024 | ₹4,706.09 | ₹3,734.99 |
| September 2024 | ₹4,941.39 | ₹3,801.07 |
| October 2024 | ₹5,813.40 | ₹4,471.85 |
| November 2024 | ₹6,104.07 | ₹4,695.44 |
| December 2024 | ₹6,226.16 | ₹4,789.35 |
The maximum share price target for the company is projected to reach ₹6,226.16 in December 2024, which represents an increase of almost 600% from the minimum share price target of ₹3,383.12 in January 2024.
The data in the table suggests that the share price target for Hindustan Unilever Ltd in 2024 will continue to experience an uptrend, especially in the first half of the year. By February 2024, the maximum share price target is projected to reach ₹5,259.75, which is a significant increase from its minimum share price target of ₹4,383.12. The trend is expected to continue throughout the year, with the maximum share price target projected to reach ₹6,226.16 in December 2024.
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HUL SHARE PRICE TARGET 2025
| HUL SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹6,350.68 | ₹4,885.14 |
| February 2025 | ₹6,684.93 | ₹5,142.25 |
| March 2025 | ₹7,019.17 | ₹5,399.36 |
| April 2025 | ₹6,267.12 | ₹4,820.86 |
| May 2025 | ₹5,697.38 | ₹4,382.60 |
| June 2025 | ₹6,267.12 | ₹4,820.86 |
| July 2025 | ₹5,968.68 | ₹4,591.29 |
| August 2025 | ₹6,217.38 | ₹4,782.60 |
| September 2025 | ₹6,528.25 | ₹5,021.73 |
| October 2025 | ₹6,919.94 | ₹5,323.03 |
| November 2025 | ₹7,404.34 | ₹5,695.64 |
| December 2025 | ₹7,552.43 | ₹5,809.56 |
Hindustan Unilever Ltd’s share price has been steadily increasing over the years. It is expected to continue the upward trend in 2025 as well. The maximum share price target for 2025 is ₹7,552.43, and the minimum share price target is ₹4,382.60. This indicates a potential growth percentage of around 72.4% from the minimum to the maximum price target. Looking at the trend, it seems like the year 2025 will be a bullish period for the company, with an uptrend expected in the later part of the year. With a consistent track record of growth and a promising future, Hindustan Unilever Ltd could be an attractive investment opportunity for those looking to invest in the Indian stock market.
HUL SHARE PRICE TARGET 2026 TO 2030
| HUL SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹5,286.70 | ₹3,700.69 |
| 2027 | ₹4,493.69 | ₹3,145.59 |
| 2028 | ₹8,088.65 | ₹5,662.05 |
| 2029 | ₹16,615.34 | ₹11,630.73 |
| 2030 | ₹18,503.44 | ₹12,952.41 |
Looking at the projected maximum and minimum prices for Hindustan Unilever Ltd shares from 2026 to 2030, it appears that the company may experience some fluctuations in its share prices during this period. In 2026, the maximum price is expected to be ₹5,286.70, while the minimum price is projected to be ₹3,700.69. Similarly, in 2027, the maximum and minimum prices are expected to be ₹4,493.69 and ₹3,145.59, respectively. However, by 2028, the maximum price is predicted to increase significantly to ₹8,088.65, with the minimum price at ₹5,662.05. The share prices are then projected to reach even higher levels in 2029, with a maximum of ₹16,615.34 and a minimum of ₹11,630.73. By 2030, the maximum price is expected to be ₹18,503.44, while the minimum price is projected to be ₹12,952.41. Therefore, it appears that Hindustan Unilever Ltd may experience significant growth during this period, especially in the latter half of the decade.
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FINANCIAL STRENGTH OF HINDUSTAN UNILEVER LTD (2019 TO 2023)
| Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 TTM |
|---|---|---|---|---|---|
| Sales +(Rs crore) | 39,310 | 39,783 | 47,028 | 52,446 | 61,452 |
| Expenses +(Rs crore) | 30,430 | 29,930 | 35,402 | 39,589 | 46,432 |
| Operating Profit(Rs crore) | 8,880 | 9,853 | 11,626 | 12,857 | 14,410 |
| OPM % | 23% | 25% | 25% | 25% | 23% |
| Other Income +(Rs crore) | 322 | 432 | 170 | 219 | 447 |
| Interest(Rs crore) | 33 | 118 | 117 | 106 | 114 |
| Depreciation(Rs crore) | 565 | 1,002 | 1,074 | 1,091 | 1,137 |
| Profit before tax(Rs crore) | 8,604 | 9,165 | 10,605 | 11,879 | 13,344 |
| Tax % | 30% | 26% | 25% | 25% | 24% |
| Net Profit +(Rs crore) | 6,060 | 6,756 | 7,999 | 8,892 | 10,308 |
| EPS in Rs | 27.97 | 31.17 | 34.03 | 37.79 | 43.81 |
| Dividend Payout % | 78% | 80% | 119% | 90% | 91% |
Over the last five years, the company has displayed a noteworthy financial performance characterized by several key highlights. First and foremost, the company has managed to maintain a nearly debt-free status throughout this period, indicating a strong financial foundation. Sales have experienced consistent growth, more than doubling from ₹39,310 crore in March 2019 to ₹61,452 crore in the trailing twelve months of 2023. This revenue growth underscores the company’s ability to expand its market presence and capture consumer demand effectively.
Operating profit margins have remained robust, fluctuating between 23% and 25%, showcasing operational efficiency and profitability. However, there was a slight dip in operating profit margin observed in the latest period, suggesting potential challenges or increased costs that warrant further examination.
Despite occasional variations, the company has consistently rewarded shareholders with dividends, with a dividend payout percentage ranging from 78% to 119%. While the payout percentage briefly exceeded 100% in 2021, it may reflect a strategic decision to distribute profits to shareholders even in challenging times.
Net profit has steadily grown from ₹6,060 crore in March 2019 to ₹10,308 crore in the trailing twelve months of 2023, demonstrating the company’s capacity to convert its revenue into profits. This sustained profit growth reflects positively on the management’s ability to navigate market dynamics and maintain a competitive edge.
Furthermore, earnings per share (EPS) have witnessed substantial growth, increasing from ₹27.97 in March 2019 to ₹43.81 in the trailing twelve months. This rising EPS underlines the company’s commitment to delivering value to its investors and indicates a promising trajectory for future earnings.
In summary, the company’s performance over the last five years reflects its resilience and adaptability in a dynamic business environment. While there are areas of consideration, such as the fluctuation in dividend payout and the recent dip in operating profit margins, the overall picture suggests a financially stable and progressive organization poised for continued growth and value creation for its shareholders.
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POINTS TO NOTE WHILE INVESTING IN HINDUSTAN UNILEVER LTD SHARES:
- The company maintains a nearly debt-free status.
- It boasts a strong track record of return on equity (ROE), with a 3-year ROE of 21.6%.
- The company consistently maintains a healthy dividend payout ratio of 99.9%.
- The stock is currently trading at 11.7 times its book value.
HINDUSTAN UNILEVER LTD SHARE PRICE TARGET BY EXPERTS:
- KR Choksey recommends buying Hindustan Unilever shares with a target price of Rs 3109 (July 25, 2023).
- Sharekhan advises purchasing Hindustan Unilever shares, projecting a target price of Rs 3050 (July 05, 2023).
- ICICI Direct encourages investors to buy Hindustan Unilever shares, setting a target price of Rs 2788, with a previous target of Rs 2656 (July 7, 2023).
- Anand Rathi suggests buying Hindustan Unilever Ltd shares with a target price of Rs 2960.(August 31,2023)
- Motilal Oswal recommends buying Hindustan Unilever Ltd shares with a target price of Rs 3100.(August 31,2023)
FAQ’s
The maximum share price of Hindustan Unilever Ltd in 2028 is Rs. 8088.65
The maximum share price of Hindustan Unilever Ltd in 2029 is Rs. 16615.34
The maximum share price of Hindustan Unilever Ltd in 2030 is Rs. 18503.44
CONCLUSION: HINDUSTAN UNILEVER LTD
Hindustan Unilever Ltd.’s financial records for the preceding five years demonstrate consistent growth for the company in terms of total revenue, profit after tax (PAT), and operating profit margins. Over the years, the business has steadily increased its revenue and profit while maintaining a positive net profit margin. It is crucial to remember that the business has also had to deal with growing total expenses, which could have an impact on its future profitability. In general, investors seeking for a reliable and successful firm may find Hindustan Unilever Ltd shares to be a solid investment choice given its strong financial condition and growth trajectory. Nonetheless, investors should carry out their own due diligence and take other aspects into account.
Experts’ views on Hindustan Unilever Ltd. indicate a positive sentiment, with target price recommendations ranging from Rs 2788 to Rs 3109. The company’s financial performance, as reflected in the provided table, showcases consistent growth and profitability. With robust sales, steady net profit, and increasing earnings per share, Hindustan Unilever appears to be on a promising trajectory. However, investors should consider these recommendations alongside their own research and market conditions before making investment decisions.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.