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Fast Moving Consumer Goods · NSE: HINDUNILVR

Hindustan Unilever Limited - Fair Value & Intrinsic Value Estimate

Intrynsic's multi-model valuation estimates Hindustan Unilever Limited's fair value at ₹1,224 per share (range ₹690–₹2,554) against a market price of ₹2,145 - a gap of -42.9% (updated 24 July 2026). This is an estimated fair value based on stated assumptions, not investment advice.

Low ₹690Above fair-value est.High ₹2,554

Market price

₹2,145

close of 24 Jul 2026

Est. fair value

₹1,224

₹690–₹2,554

Gap

-42.9%

price vs estimate

Trading ~43% above our estimated fair-value range. Assumptions and per-model workings are below.

What Hindustan Unilever Limited does

Hindustan Unilever sells everyday brands like Surf, Dove, Lifebuoy and Horlicks to most Indian households. Its growth follows rural incomes and premiumisation of daily-use products.

Fast Moving Consumer Goods · Diversified FMCG

Health signals

GrowthRevenue +2.1%/yr (3y)Okay

Over the last 3 years, revenue grew 2.1%/yr and profit grew 14.1%/yr.

ProfitabilityROE 30.9%Good

Every ₹100 of shareholder money earned ₹30.9 in profit last year, vs a sector median of 8.8%.

DebtD/E 0.03Good

It holds more cash than debt.

Valuation-43% vs estimateWeak

The market price is above our estimated fair-value range (based on stated assumptions).

Quality₹88 cash per ₹100 profitGood

About ₹88 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.

The valuation, explained- models, weights & assumptions ▾

Intrynsic values Hindustan Unilever Limited with 4 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.

ModelEstimated valuevs priceWeight
DCFFuture Cash Flows Method₹914-57%-
EV/EBITDAIndustry Comparison Method₹1,534-28%-
P/E MultipleEarnings Multiple Method₹2,554+19%-
DDMDividend Discount Method₹690-68%-

Key assumptions

Risk-free rate
7.0%
Equity risk premium
6.5%
Beta
0.651
Cost of equity
11.2%
Terminal growth
5.0%
Tax rate
25%

Reverse DCF: today's market price implies the company must grow free cash flow about 33.2% a year for the next decade - versus 5.3% historical revenue growth.

Key financialsFY17–FY26

Full statements & analysis →
Revenue₹64,468 Cr
Net profit₹15,059 Cr
EPS₹64.01
Free cash flow₹9,638 Cr
ROE (latest)30.9%
Revenue growth (CAGR)7.7%
Profit growth (CAGR)14.4%

Peers

ITC Limited₹3,58,093 CrP/E 17.3ROE 29.0%Fair-value estimate →
Hindustan Foods Limited₹7,006 CrP/E 46.4ROE 12.8%
Davangere Sugar Company Limited₹472 CrP/E 55.0ROE 1.8%
Godavari Biorefineries Limited₹1,402 CrP/E 397.0ROE 0.5%
Ask AI about Hindustan Unilever LimitedChat with Intrynsic's research agent about results, risks and filings.Sign up free →Track it in your watchlistFair-value alerts, result-day briefs and portfolio analytics.Sign up free →See the full model workingsEvery assumption, per-model trace, reverse DCF and peer lens.Sign up free →

Frequently asked questions

What is Hindustan Unilever Limited's intrinsic value?

Intrynsic's multi-model valuation estimates Hindustan Unilever Limited's fair value at ₹1,224 per share (range ₹690–₹2,554), last updated 24 July 2026. This is an estimate based on stated assumptions, not investment advice.

Is Hindustan Unilever Limited overvalued or undervalued?

Hindustan Unilever Limited trades at ₹2,145 against Intrynsic's estimated fair value of ₹1,224 - the market price is 43% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.

What is Hindustan Unilever Limited's P/E ratio?

Hindustan Unilever Limited trades at about 33.5 times its latest annual earnings per share.

What does Hindustan Unilever Limited do?

Hindustan Unilever sells everyday brands like Surf, Dove, Lifebuoy and Horlicks to most Indian households. Its growth follows rural incomes and premiumisation of daily-use products.

How is Hindustan Unilever Limited's fair value calculated?

Intrynsic runs 4 valuation models for Hindustan Unilever Limited (DCF, EV/EBITDA, P/E Multiple, DDM) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.

Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy

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