HINDUSTAN UNILEVER LIMITED (HUL) SHARE PRICE TARGET 2024, 2025 to 2030

Are you trying to find a stock that can give you long-term profits? One of India’s leading FMCG corporations, Hindustan Unilever Limited (HUL), is the only place to turn. HUL has been a favorite among investors thanks to its lengthy history of more than 80 years and robust range of brands. What can we anticipate for its share price over the next few years? We’ll examine HUL’s share price goal from 2024 to 2030 in this article and determine whether it’s a wise investment.

Hindustan Unilever

HUL appears to be a potential investment, with strong financials and continuous growth over time. So, let’s delve in and find out what this FMCG giant’s future holds.

About Hindustan Unilever Limited

Hindustan Unilever Limited (HUL) is a leading Indian consumer goods company, with a significant presence in the country for over 90 years. A subsidiary of the British company, Unilever, HUL is based in Mumbai and offers a wide array of products ranging from foods, beverages, cleaning agents, and personal care products, to water purifiers. The company boasts a vast distribution network with 9 out of 10 Indian households using its brands, and its robust portfolio includes more than 50 household name brands.

Hindustan Unilever’s Q2 FY24 Results

  • Hindustan Unilever’s Q2 FY24 topline increased by 3.16% YoY, while profit decreased by 0.34% YoY.
  • Compared to the previous quarter, revenue grew by 0.82%, and profit increased by 3.99%.
  • Selling, general & administrative expenses rose by 13.48% compared to the previous quarter and increased by 38.49% YoY.
  • Operating income increased by 4.58% compared to the previous quarter and by 11.16% YoY.
  • The EPS for Q2 FY24 is ₹11.32, which decreased by 1.18% YoY.
  • Stock performance showed a -0.35% return in the last week, a 2.23% return over the last 6 months, and a -0.51% YTD return.
  • The market capitalization is ₹598,699.4 Crores with a 52-week high/low of ₹2,769.65 and ₹2,393.
  • Among 41 analysts covering the company as of October 21, 2023, 2 analysts gave a Sell rating, 14 analysts gave a Hold rating, 16 analysts gave a Buy rating, and 10 analysts gave a Strong Buy rating.

How to purchase Hindustan Unilever shares?

HUL Share Price Target 2024

When Maximum Price Minimum Price
January 2024 2,484.00 2,160.00
February 2024 2,534.69 2,204.08
March 2024 2,586.42 2,249.06
April 2024 2,511.09 2,183.56
May 2024 2,473.98 2,151.29
June 2024 2,563.04 2,228.73
July 2024 2,537.41 2,206.45
August 2024 2,638.91 2,294.70
September 2024 2,744.47 2,386.49
October 2024 2,690.65 2,339.70
November 2024 2,771.37 2,409.89
December 2024 2,840.66 2,470.14

In January 2024, the commodity experienced a maximum price of 2,484.00 and a minimum of 2,160.00. Moving into February, both maximum and minimum prices increased, reaching 2,534.69 and 2,204.08, respectively. March saw a further uptick in prices, with a maximum of 2,586.42 and a minimum of 2,249.06. April exhibited a slight decrease, as the maximum price fell to 2,511.09, and the minimum to 2,183.56. May continued this trend with a maximum of 2,473.98 and a minimum of 2,151.29.

The positive momentum resumed in June, witnessing both maximum and minimum prices rise to 2,563.04 and 2,228.73, respectively. July maintained this upward trajectory with a maximum of 2,537.41 and a minimum of 2,206.45. August marked a significant increase, hitting a maximum price of 2,638.91 and a minimum of 2,294.70. September through December showcased consistent growth, with the maximum prices peaking at 2,840.66 in December and the minimum prices at 2,386.49 in September. Overall, the commodity demonstrated fluctuations throughout the year, reflecting the dynamic nature of the market.

Hindustan Unilever Share Price Target 2025

When Maximum Price Minimum Price
January 2025 ₹3,394.75 ₹2,611.35
February 2025 ₹3,481.80 ₹2,678.30
March 2025 ₹3,617.59 ₹2,782.76
April 2025 ₹3,546.65 ₹2,728.19
May 2025 ₹3,443.35 ₹2,648.73
June 2025 ₹3,598.30 ₹2,767.93
July 2025 ₹3,527.75 ₹2,713.65
August 2025 ₹3,636.85 ₹2,797.58
September 2025 ₹3,764.14 ₹2,895.50
October 2025 ₹3,862.01 ₹2,970.78
November 2025 ₹3,958.56 ₹3,045.05
December 2025 ₹4,057.53 ₹3,121.17

The projected share price targets for Hindustan Unilever (HUL) in 2025 suggest a promising and upward trajectory. Starting in January 2025, HUL’s share price is estimated to range between ₹2,611.35 and ₹3,394.75. Over the year, there’s a clear trend of increasing share prices, culminating in December 2025 with a projected range of ₹3,121.17 to ₹4,057.53. These projections indicate a robust bullish sentiment among investors, reflecting optimism about the company’s performance and market conditions in the coming year. It’s important to note that while these projections are based on current data and expectations, actual market dynamics may influence these price movements.

HUL Share Price Target 2026-2030

Year Maximum Price Minimum Price
2026 ₹4,260.40 ₹2,982.28
2027 ₹4,686.44 ₹3,280.51
2028 ₹6,561.02 ₹3,280.51
2029 ₹5,680.54 ₹2,840.27
2030 ₹7,384.70 ₹5,169.29

The share price targets for Hindustan Unilever (HUL) for the years 2026 to 2030 paint a picture of significant growth and increasing investor confidence in the company’s performance. In 2026, the share price is projected to range between ₹2,982.28 and ₹4,260.40, indicating a substantial increase from the previous years. As we move into 2027, the price target extends further, with a range of ₹3,280.51 to ₹4,686.44, highlighting the ongoing bullish sentiment.

The year 2028 stands out as a year of remarkable growth, with a projected range of ₹3,280.51 to ₹6,561.02, reflecting the potential for substantial appreciation in the company’s stock value. While 2029 sees a slightly lower range of ₹2,840.27 to ₹5,680.54, it still represents considerable optimism about HUL’s prospects.

Finally, in 2030, the share price is anticipated to reach new heights, with a range of ₹5,169.29 to ₹7,384.70, indicating a remarkable long-term upward trajectory. These projections suggest that investors are betting on HUL’s ability to deliver strong financial performance and capture growth opportunities over the next five years.

Finances rule

Financial Condition of Hindustan Unilever: Last 5 years

HUL Financials 2023 2022 2021 2020 2019
Sales
(in Crore INR)
58,154 50,336 45,311 38,273 37,660
Expenses
(in Crore INR)
46,643 39,813 35,792 30,229 30,139
Operating Profit
(in Crore INR)
13,141 11,773 10,717 9,289 8,749
Other Income
(in Crore INR)
640 393 513 733 664
Profit Before Tax
(in Crore INR)
13,079 11,739 10,490 9,092 8,522
PAT
(in Crore INR)
9,962 8,818 7,954 6,738 6,036
EPS 42.40 37.53 33.85 31.12 27.88

Over the past five years, Hindustan Unilever Ltd (HUL) has shown a consistent growth trajectory in its financial performance. The company’s sales have witnessed a steady increase, reaching Rs. 58,154 crores in 2023 compared to Rs. 37,660 crores in 2019. HUL has effectively managed its expenses during this period, with the figure rising from Rs. 30,139 crores in 2019 to Rs. 46,643 crores in 2023, indicating a focus on cost management.

HUL’s operating profit has demonstrated a positive trend, showcasing its ability to generate profits from its core business operations. The operating profit stood at Rs. 13,141 crores in 2023, compared to Rs. 8,749 crores in 2019. Additionally, the company has diversified its revenue streams through other income sources, such as investments and partnerships, with other income increasing from Rs. 664 crore in 2019 to Rs. 640 crore in 2023.

Profit before tax (PBT) has consistently grown over the past five years, indicating HUL’s ability to generate higher profits from its operations. The PBT for 2023 reached Rs. 13,079 crores, a significant increase from Rs. 8,522 crores in 2019. The company’s profitability has translated into higher profits after tax (PAT), which rose from Rs. 6,036 crores in 2019 to Rs. 9,962 crores in 2023.

HUL’s earnings per share (EPS) has also witnessed a positive trend, reflecting the company’s ability to generate returns for its shareholders. The EPS increased from Rs. 27.88 in 2019 to Rs. 42.40 in 2023.

In my opinion, Hindustan Unilever Ltd has exhibited strong financial performance over the last five years, with consistent growth in sales, effective expense management, and improved profitability. The company’s focus on innovation, market expansion, and strategic investments has contributed to its financial success, positioning HUL as a leading player in the consumer goods industry.

FAQS

What is the current share price of Hindustan Unilever Limited (HUL)?

The current share price of HUL is subject to market fluctuations and can vary daily. As of 29th JAN, HUL’s share price is approximately INR 2,430.

What is HUL’s historical performance in terms of share price growth?

HUL has shown consistent growth in its share price over the years. However, past performance does not guarantee future growth.

What factors can influence HUL’s share price target?

Factors such as the company’s financial performance, market trends, government policies, and global events can influence HUL’s share price target.

Can HUL’s share price reach INR 10,000 by 2025?

It is difficult to predict the future performance of any stock, and HUL’s share price reaching INR 10,000 by 2025 would require a significant growth rate. However, past performance and current trends suggest that it is possible, but not guaranteed.

What is the expected revenue growth rate for HUL in the coming years?

HUL’s revenue growth rate is subject to market trends and the company’s financial performance. However, analysts predict a steady revenue growth rate of around 8-10% in the coming years.

Does HUL pay dividends to its shareholders?

Yes, HUL pays dividends to its shareholders. In FY23, the company declared a dividend of 91%.

What is HUL’s price-to-earnings ratio (P/E ratio)?

HUL’s P/E ratio is subject to market fluctuations and can vary daily. As of the last trading session, the P/E ratio was approximately 57.8.

What is the expected profit growth rate for HUL in the coming years?

HUL’s profit growth rate is subject to market trends and the company’s financial performance. However, analysts predict a steady profit growth rate of around 10-12% in the coming years.

What is the expected return on investment (ROI) for HUL’s stock?

The expected ROI for HUL’s stock is subject to market trends and the company’s financial performance. However, analysts predict a steady ROI of around 10-12% in the coming years.

What are some potential risks associated with investing in HUL’s stock?

Some potential risks associated with investing in HUL’s stock include market volatility, economic downturns, government policies, competition, and any unforeseen events that may impact the company’s performance. Investors should conduct thorough research and consider their risk tolerance before investing in any stock.

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Conclusion: Should you invest in HUL shares in 2024?

Hindustan Unilever Ltd. (HUL) has shown steady growth in both its share price and net profits over the past five years. Although its stock has dipped by 12% from its all-time high in the last two years, the company’s sales and profit have grown by over 15%.

If HUL returns to its peak valuation, there’s a potential for a 25% return in the coming year for investors.

However, it’s important to remember that HUL’s stock tends to move slowly. This doesn’t mean there’s a problem with the company; it’s just the nature of how it performs in the market. Anyone thinking of investing in HUL should be prepared for a slow and steady journey rather than quick gains.

Disclaimer: One of the founders and his family members hold HUL shares in their portfolio. This is not a financial advice. Investing in the stock market is risky. Please consult a SEBI-registered financial advisor before investing.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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