In 2000, the Indian government transferred 74 percent equity of Modern Foods to the company, marking a significant historical event. The company introduced various initiatives during the 2000s such as the ‘Pureit’ water purifier and Direct to Home services. HUL garnered multiple awards and accolades, emerging as a top player in the FMCG sector and Indian business landscape. Fast forward to 2020, HUL acquired VWash, a prominent female intimate hygiene brand. Following the merger with GSK Consumer Healthcare, HUL’s product lineup now includes renowned health drinks Boost and Horlicks, solidifying its position as the largest F&R business in the nation.

Hindustan Unilever Share Price Target 2024, 2025, upto 2030

Hindustan Unilever Share Price Target 2024 t0 2030 Informations

• In 2024, Hindustan Unilever Ltd (HINDUNILVR) is expected to experience strong growth, with an initial target of ₹2802.06. However, market volatility might lead to fluctuations mid-year, peaking at ₹3009.21.
• For Hindustan Unilever Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹3069, followed by a steady climb to ₹3523.
• In 2026, a temporary decline in early months for Hindustan Unilever Ltd is possible, with a recovery expected by mid-year, aiming for ₹3513.
• Anticipating mixed trends for Hindustan Unilever Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹4616.
• For 2028 and 2029, Hindustan Unilever Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
• By 2030, the cumulative impact of market dynamics could lead Hindustan Unilever Ltd to a substantial year-end target, surpassing previous expectations.

Board, Management and Auditors

Board of Directors

Hindustan Unilever Limited is led by Mr. Sanjiv Mehta, who serves as the CEO & MD. Below are the board of directors at HUL.

Sanjiv Mehta – Chief Executive Officer & Managing Director

Sanjiv Mehta serves as the President of Unilever South Asia, overseeing the management committee of HUL and holding a position on the Unilever Leadership Executive responsible for managing the global consumer goods company. Additionally, he is the President of the Federation of Indian Chambers of Commerce and Industry, a Board Director of the Indian School of Business, and an Independent Director on the Board of Air India.

Nitin Paranjpe – Non-Executive Chairman

Nitin Paranjpe has served on the Unilever Leadership Executive for nearly ten years and holds the position of Chief Operating Officer at Unilever. In his role as Chief People & Transformation Officer, he is responsible for overseeing the implementation of the new Compass Organization and managing HR operations.

Ritesh Tiwari – Executive Director (Finance & IT and CFO)

Ritesh Tiwari, the Vice President of Finance at Unilever, South Asia, has led teams in India and internationally in finance, supply chain, and sales. Recently, he has taken on the role of Vice President in the UK and CFO for Unilever International, where he is recognized for implementing digital transformation and streamlining processes.

Dev Bajpai – Executive Director

Dev Bajpai has been part of HUL’s management committee since 2010 and is affiliated with the Institute of Company Secretaries of India. He is responsible for managing legal and corporate affairs at the company.

Willem Uijen – Executive Director (Supply Chain)

He leads the supply chain operations for HUL and Unilever, South Asia. A Dutch national, he has been part of Unilever since 1999.

Independent Directors

Hindustan Unilever Limited’s board comprises six independent directors responsible for corporate governance, legal compliance, and safeguarding public and investor interests. The directors are O.P.Bhatt, Kalpana Morparia, Sanjiv Misra, Ashu Suyash, Ashish Gupta, and Leo Puri.

Auditors

Hindustan Unilever Ltd’s financials undergo auditing by M/s B S R & Co. LLP. This audit firm was selected as Statutory Auditors for the second consecutive term of five years starting in 2019. Additionally, the company assigns cost auditors and secretarial auditors annually.

Market Capitalisation and Stock Information

Hindustan Unilever Ltd became the first foreign subsidiary to offer equity to Indian investors by being listed on the Bombay, Madras, and Calcutta Stock Exchanges in 1956. Presently, the HUL stock is traded on the National Stock Exchange and Bombay Stock Exchange, demonstrating consistent performance and being recognized as a profitable investment. Major mutual funds with over 5% of their AUM invested in this stock include ICICI Prudential Bharat Consumption Fund Direct-Growth, Baroda BNP Paribas India Consumption Fund Direct-Growth, Canara Robeco Consumer Trends Fund Direct-Growth, and Mirae Asset Great Consumer Fund Direct-Growth.

Corporate Social Responsibility Information

Hindustan Unilever Ltd is dedicated to operating and expanding the business in a socially responsible way. The company aims to reduce the environmental footprint of its activities and support communities through various programs. The board has implemented several CSR projects outlined below:

Water Conservation

The Hindustan Unilever Foundation (HUF) was created to assist in implementing scalable solutions to tackle India’s water challenges. Presently, the water conservation initiative includes 11,500 villages across 12 states through collaborations with NGOs and co-founders.

Swachh Aadat Swachh Bharat

The project is created to encourage health and hygiene practices in the nation in accordance with India’s Swachh Bharat initiative. It also seeks to develop and implement waste management and sanitation solutions.

Plastic Waste Management

The company is dedicated to reducing its environmental impact by transitioning to reusable and recyclable plastic packaging. It collaborates with partners on comprehensive pilot projects in the region.

Happy Homes Projects

Asha Daan, a home for challenged and abandoned children and HIV-positive individuals, was established in Mumbai as part of this project. In Assam, Ankur serves as another educational center for children facing challenges.

Project Shakti

HUL’s rural program focuses on small villages with the goal of empowering underprivileged rural women. It seeks to offer them income-generating opportunities, deliver health and hygiene education, and grant access to information via a specialized portal.

Financial Information

Top Line

Hindustan Unilever Ltd has demonstrated significant revenue growth in the past five years according to the audited financial statements. During this period, the company has consistently achieved remarkable increases in both turnover and volume.

Bottom Line

Over the past ten years, the company has increased its bottom line by 26,000 crore INR and doubled its turnover. The profit has shown significant growth in the past five years, with profit before tax rising from 7,285 crore INR in 2018 to 11,739 crore INR in 2022.

Net Worth

The net worth stayed consistent around 8000 crore INR between 2018 and 2020, then surged to an impressive 47,674 crore INR in 2021 before being documented at 49,061 crore INR by March 2022.

HUL Technicals

EMA & SMA

Current Price

₹2,675.00

+178.7 (7.16%)

EMA SMA

20 Day: ₹2,355.54

50 Day: ₹2,335.17

100 Day: ₹2,364.64

200 Day: ₹2,420.34

HUL Resistance and Support

PIVOT

₹2,675.00

Resistance

Support

HUL Delivery and Volume

HUL Result Highlights

Q4FY24 Quarterly & FY24 Annual Result Announced for Hindustan Unilever Ltd.

• Underlying Sales Growth (USG) of 1%.
• Underlying Volume Growth (UVG) of 2%.
• EBITDA margin at 23.4%.

HUL Synopsis

NSE-Cosmetics/Personal Care

Hindustan Unilever Ltd. is engaged in the hairdressing and beauty treatment business. The company’s total operating revenue for the fiscal year ended on 31/03/2024 is Rs. 60469.00 Cr., with an equity capital of Rs. 235.00 Cr.

HUL Shareholding Pattern

HUL Management

Hindustan Unilever Images