HUL share price today

Hindustan Unilever Ltd's share price was ₹1,977.10 at the close on 4 November 2026. It has been falling for 33 weeks. That is 5.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,815 and ₹2,424, and at that close it sat 27% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Hindustan Unilever Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +143% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: lowest operating margin in 16 quarters, foreign funds (FIIs) cut their stake for 4 quarters in a row and indian funds and insurers (DIIs) raised their stake for 4 quarters in a row.

1. Lowest operating margin in 16 quarters

   Operating margin was 22% in the September 2026 quarter, against 24% a year earlier.

2. Foreign funds (FIIs) cut their stake for 4 quarters in a row

   From 10.8% to 9.3% of the company by the September 2026 quarter.

3. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row

   From 15.6% to 17.1% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), HUL reported revenue of ₹18,226 crore, up 14.5% from ₹15,919 crore a year earlier, and a profit of ₹2,796 crore, up 3.8% from ₹2,694 crore.

HUL results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 4 September 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

HUL closed at ₹1,977.10 on 4 November 2026, down 14.4% from ₹2,310.37 a year earlier (7 November 2025) and down 14.7% over five years. Its highest weekly close since March 2016 was ₹2,849.77 on 20 September 2024.

HUL share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

12 Nov 2026: Coming up: ex-date for an interim dividend of ₹19 a share. 4 Nov 2026: HUL closed at ₹1,977.10, up 6.0% on the week and up 7.7% on the month.

Earlier

• Results for July to September 2026: Revenue up 14.5% and profit up 3.8% on a year earlier.
• 4 Sep 2026: HUL held its results call for April to June 2026. Management guided: FY27 better than FY26, with competitive volume-led revenue and profit growth.
• 23 Jun 2026: ex-date for a dividend of ₹22 a share.
• 7 Nov 2025: ex-date for an interim dividend of ₹19 a share.

The last was a dividend of ₹22 a share, ex-date 23 June 2026. Next: ₹19 a share, ex-date 12 November 2026.

HUL dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

We do not print a yield for HUL: one of its dividend records from the last 12 months could not be read cleanly or matched to today’s share count, and we do not guess.

Yes. Hindustan Unilever Ltd paid out 64% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 4 September 2026, HUL's management guided: FY27 better than FY26, with competitive volume-led revenue and profit growth.

“That is why we are raising the upper end of our EBITDA margin guidance from 23.5% to 24%.”Niranjan Gupta, CFO, on the call for April to June 2026

What management guided

• 40% of growth from consumption and premiumization, 40% from market making and 20% from new spaces.
• Margin-accretive portfolio growth planned at 1.5x the rest; Dove planned to become HUL's number-two brand.
• Capital spending to rise to 3% of turnover, with 85-90% for growth and savings programs.
• Future Savings Lab to add 100 basis points over 5 years; fixed-cost growth planned at 0.7-0.8x top-line growth.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 4 September 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When HUL reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Body-wash inflection: check whether scaled sampling and education convert trial into repeat usage.

HUL is on one of our India lists: Nifty 50 companies.

Hindustan Unilever Ltd earned ₹2,796 Cr of net profit in the Sep 2026 quarter, +3.8% on the same quarter a year earlier. Full-year FY26 profit was ₹15,059 Cr. Over 10 years profit has grown 13.8% a year on average. That is 15.3% of the quarter's revenue. The same quarter a year earlier earned ₹2,694 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹15,059 Cr (+41.1% on the year before).

Why profit moved: revenue changed +14.5% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +35.6% and revenue +9.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Hindustan Unilever Ltd reported ₹18,226 Cr of revenue in the Sep 2026 quarter, +14.5% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 7.2% a year on average. The last full year, FY26, came in at ₹64,468 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹68,359 Cr.

FY26 revenue was ₹64,468 Cr, +5.1% on the year before.

Recent pace: the last four quarters grew +9.5% on average, against 7.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +9.5%, against +4.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +38.0%, against +21.1% a year (accelerating).

Hindustan Unilever Ltd's operating margin was 22.0% in the Sep 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 16.0% and 25.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.3 percentage points on the year while gross margin changed −4.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 107% of Hindustan Unilever Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹10,999 Cr of operating cash against ₹15,059 Cr of profit. After ₹4,297 Cr of spending on assets, ₹6,702 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 107% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 2.2× depreciation over three years. The next section checks what that spending is building.

Hindustan Unilever Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −89 days in FY26, down from −83 days in FY21. It spent ₹8,300 Cr on assets over the last 3 years. Customers take 19 days to pay, and stock sits for 61 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹64,468 Cr, each day of that cycle ties up about ₹177 Cr, so roughly −₹15,720 Cr is tied up in the business at any time.

FY26: customers took 19 days to pay and stock sat for 61 days, about 2.0 months of sales sitting as stock, for a full cycle of −89 days, shorter than FY21's −83.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 61 days. Customers pay about 19 days after that. Suppliers are paid at 169 days. Together that makes the −89-day cycle.

Spending on assets: ₹8,300 Cr over the last 3 years, against ₹3,802 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹880 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Hindustan Unilever Ltd's P/E is 41.5×, near the low end of its own history: it has been lower only 6% of the time. Its usual P/E (the middle reading) is 58.2×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹64.10.