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A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
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Revenue
₹16,351 Cr
verified against source
Revenue YoY
8%
reported change
EBITDA
Pending
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
HUL delivered 8% revenue growth in Q4 FY26, the highest in 12 quarters, driven by 7% underlying sales growth led by volumes. EBITDA margin at 23.7% came at the higher end of guidance, with PAT before exceptional items at ₹2,711 crore (+4% YoY). Growth was broad-based across segments, with home care and beauty & well-being leading. Management highlighted strong execution in quick commerce, premiumization in personal care, and a turnaround in lifestyle nutrition. For FY27, they expect better performance than FY26 despite geopolitical volatility and input cost inflation of 8-10%. Medium-term margin guidance remains 22.5-23.5%. Key risk: sustained crude inflation and currency depreciation could pressure margins and require further pricing actions.
Colored figures show movement against the previous available record.
Guidance to track
- Management expects FY27 performance to exceed FY26, driven by portfolio transformation and execution improvements.
- Margin guidance maintained at 22.5-23.5% for the medium term, with flexibility to operate at lower end if cost pressures persist.
- Calibrated price increases of 2-5% implemented across home care and personal care to offset input cost inflation.
- Capital investment of ₹2,000 crore planned for expanding capacity in premium formats across home care, personal care, and beauty.
Risks flagged
- Crude-linked commodity costs and rupee depreciation could increase input costs beyond current 8-10% inflation, pressuring margins.
- Below-normal monsoon forecast (92%) could affect rural incomes and demand, though reservoir levels and MSPs provide some buffer.
- If competitors do not follow price hikes, HUL may need to absorb cost inflation or lose market share, potentially impacting margins.
- Mass skincare (Glow & Lovely, talcum powders) remained subdued, weighing on overall beauty segment growth despite premium strength.
Key quotes
- Our number one priority will be to protect our competitiveness and our consumer franchise and to strengthen our consumer franchise and in that sense drive profit through revenue accretion.
- We are confident of fiscal year 27 to be better than fiscal year 26 despite all the volatility that we are seeing in the market.
- The real opportunity to educate India on what is required in skincare... is sunscreens and sun protection is required and therefore educating and making it accessible.
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