HINDUNILVR
Hindustan Unilever Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
HINDUNILVR
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹2,101 today
BEAR
₹3,060
+46%
13.6% a year · 42.1x exit
BASE
₹4,130
+96%
23.5% a year · 52.2x exit
BULL
₹5,002
+138%
32% a year · 59.2x exit
Where the market has priced it
32x33x today69x
management named no year; shown one year out
- at 33x its FY26 earnings the stock trades below the bottom of its own ten-year range (42x)
- this company's own median multiple sits 43% above its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹64 (screener) |
|---|---|
| Guided growth | 23.5% a year, said on the call of 07-May-2026 · transcript |
| Read across as | operating: revenue growth x margin change — high confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 42.08x / 52.22x / 59.2x, this company’s own p20 / median / p80 across 10 filed years |
| Filed-industry peers | median 36.59x across 8 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
margin 23.7%ebitda margin 23.7%generic growth 6.5%revenue growth 10%
From a profitability perspective, EBITDA grew 6% year-on-year with EBITDA margin at 23.7%, coming in at the higher end of our guidance.
Call 07-May-2026 · bridge confidence high · transcript PDF