Hindustan Unilever Limited enters its Q1 FY 2026-2027 results facing a complex input cost environment as elevated palm oil and crude oil prices test the resilience of its consumer demand. Investors will be monitoring whether the company's mid-single-digit price hikes have successfully protected margins while maintaining the strong volume momentum seen in the previous quarter.
| Results date | July 28, 2026 |
|---|---|
| Quarter | Q1 FY 2026-2027 |
| Previous quarter revenue | Rs. 16,351 Cr |
| Previous quarter PAT | Rs. 3,006 Cr |
| Market cap | Rs. 507,993.58 Cr |
| CMP | Rs. 2161.8 |
The company has scheduled a board meeting on July 28, 2026, to consider and approve the audited financial results for the quarter ended June 30, 2026.
Hindustan Unilever is expected to sustain revenue growth near 7% as mid-single-digit volume growth combines with industry-wide price hikes of 3–7%. While crude palm oil prices reached USD 1,218 per tonne for tariff assessment in June 2026, management continues to target a consolidated EBITDA margin in the 22–23% range for FY27. The company's volume-led growth strategy remains the primary focus, with the absence of the ice cream business providing a cleaner comparison for continuing operations compared to the Rs. 1,222 Cr PBIT loss recorded across FY26. Analysts will look for confirmation that the 6% underlying volume growth achieved in Q4 FY26 has remained resilient in the face of recent pricing actions.
Performance vs Guidance Tracking: Management's progress against stated operational targets for the fiscal year.
Operating metric trajectory: Key demand and pricing indicators for the FMCG segment.
Risks and headwinds to monitor: External cost pressures impacting profitability.
Revenue from continuing operations stood at Rs. 16,351 Cr in Q4 FY26, representing a 7.6% YoY growth. This performance was supported by the highest underlying volume growth in 12 quarters.
Management has guided to maintain a consolidated EBITDA margin in the 22–23% range for FY27. In the previous quarter, the company reported an EBITDA margin of 23.7%.
HUL maintains a structural negative working capital advantage where trade payables of Rs. 13,325 Cr exceed receivables of Rs. 3,379 Cr. The company remains net cash positive with Rs. 2,583 Cr in cash and equivalents.
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