Hindustan Unilever cash flow

Latest FY26

Cash from operations: ₹10,999cr−7.5% on FY25
Capital spending: ₹1,361cr+8.5% on FY25
Free cash flow: ₹9,638cr−9.3% on FY25
Cash from financing: −₹10,810cr−₹13,101 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	1,436	1,363	1,216	1,152
	—	424	372	317	114
	—	−546	−755	−546	−411
	—	−5.0	0.0	−3.0	−2.0
	—	−195	−256	−249	−99.0
	—	16.0	11.0	0.0	0.0
	—	−105	4.0	10.0	−8.0
	—	539	378	0.0	−4.0
	—	−256	−595	0.0	0.0
	—	−692	−584	74.0	−339
	—	441	−846	93.0	−803
	—	−177	−187	95.0	−270
	—	13.0	−3.0	−30.0	5.0
	—	−182	−242	32.0	−38.0
	—	10.0	−87.0	−26.0	−19.0
	—	2,119	833	910	475
	—	−19.0	212	17.0	5.0
	—	−141	−111	−92.0	104
	—	−224	152	43.0	99.0
	—	−401	245	−49.0	43.0
	—	−43.0	−173	220	−219
Cash from operating activities
	14,300	13,827	14,423	13,930	13,346
	—	2,012	−269	2,032	−215
	—	15,839	14,154	15,962	13,131
	—	0.0	0.0	−112	−2.0
	—	4,840	2,268	381	3,138
	—	10,999	11,886	15,469	9,991
Cash from investing activities
	—	1,258	1,254	1,468	1,174
	—	103	0.0	9.0	18.0
	—	29.0	13.0	20.0	121
	—	0.0	−21.0	0.0	60.0
	—	298	0.0	0.0	0.0
	—	2,661	0.0	0.0	334
	—	0.0	0.0	0.0	1.0
	—	0.0	0.0	3.0	2.0
	—	428	835	425	259
	—	−417	6,900	−4,295	−409
	—	−3,684	6,473	−5,324	−1,494
Cash from financing activities
	—	0.0	0.0	0.0	−2.0
	—	46.0	0.0	85.0	7.0
	—	507	498	423	467
	—	133	130	110	88.0
	—	10,124	12,473	9,416	8,474
	—	0.0	0.0	0.0	85.0
	—	−10,810	−13,101	−10,034	−8,953
	—	−3,495	5,258	111	−456
	—	−3,495	5,258	111	−456
	—	2,583	6,070	812	701
Reference items
	15,665	15,054	14,851	14,663	14,149
	22.9%	23.4%	23.5%	23.7%	23.4%
	9,638	9,638	10,632	13,992	8,799
	—	9,504	10,490	13,797	—
	₹41.01	₹41.01	₹45.24	₹59.54	₹37.44
	44.27×	—	—	—	—
	—	0.73×	1.11×	1.50×	0.99×
	—	4,840	2,268	381	3,138
	—	133	130	110	88.0

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HINDUNILVR₹1,815.80

Hindustan Unilever Ltd.

· FMCG & Retail

₹ CrorePeersITC NESTLEIND DABUR TATACONSUM BRITANNIA GODREJCP UNITDSPR VBLMcap ₹4.27L Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	1,152.0	1,216.0	1,363.0	1,436.0	—
+ Finance Costs	114.0	317.0	372.0	424.0	—
+ Interest Income	-411.0	-546.0	-755.0	-546.0	—
+ Dividend Income	-2.0	-3.0	0.0	-5.0	—
+ Fair Value (Gains) / Losses	-99.0	-249.0	-256.0	-195.0	—
+ Share-based Payments	0.0	0.0	11.0	16.0	—
+ Unrealised FX (Gain) / Loss	-8.0	10.0	4.0	-105.0	—
+ Other Non-cash Items	-4.0	0.0	378.0	539.0	—
+ Other — Cash Effects are Investing / Financing	0.0	0.0	-595.0	-256.0	—
Changes in Working Capital
+ Inventories	-339.0	74.0	-584.0	-692.0	—
+ Trade Receivables — Current	-803.0	93.0	-846.0	441.0	—
+ Other Financial Assets — Current	-270.0	95.0	-187.0	-177.0	—
+ Other Financial Assets — Non-current	5.0	-30.0	-3.0	13.0	—
+ Other Current Assets	-38.0	32.0	-242.0	-182.0	—
+ Other Non-current Assets	-19.0	-26.0	-87.0	10.0	—
+ Trade Payables — Current	475.0	910.0	833.0	2,119.0	—
+ Other Financial Liabilities — Current	5.0	17.0	212.0	-19.0	—
+ Other Financial Liabilities — Non-current	104.0	-92.0	-111.0	-141.0	—
+ Other Current Liabilities	99.0	43.0	152.0	-224.0	—
+ Provisions — Current	43.0	-49.0	245.0	-401.0	—
+ Provisions — Non-current	-219.0	220.0	-173.0	-43.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	13,346.0	13,930.0	14,423.0	13,827.0	14,300.0
+ Total Adjustments (incl. Working Capital)	-215.0	2,032.0	-269.0	2,012.0	—
Cash from Operations (pre-tax)	13,131.0	15,962.0	14,154.0	15,839.0	—
+ Other Inflows / (Outflows) — Operating	-2.0	-112.0	0.0	0.0	—
+ Income Taxes Paid	3,138.0	381.0	2,268.0	4,840.0	—
Cash from Operating Activities	9,991.0	15,469.0	11,886.0	10,999.0	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	1,174.0	1,468.0	1,254.0	1,258.0	—
+ Acq of Intangible Assets	18.0	9.0	0.0	103.0	—
+ Disp of Fixed Assets	121.0	20.0	13.0	29.0	—
+ Disp of Intangible Assets	60.0	0.0	-21.0	0.0	—
+ Disp of Interests in Joint Ventures	0.0	0.0	0.0	298.0	—
+ Acq of Subsidiaries / Businesses (net)	334.0	0.0	0.0	2,661.0	—
+ Loans & Advances Made	1.0	0.0	0.0	0.0	—
+ Dividends Received — Investing	2.0	3.0	0.0	0.0	—
+ Interest Received — Investing	259.0	425.0	835.0	428.0	—
+ Other Inflows / (Outflows) — Investing	-409.0	-4,295.0	6,900.0	-417.0	—
Cash from Investing Activities	-1,494.0	-5,324.0	6,473.0	-3,684.0	—
Cash from Financing Activities
+ Proceeds from Exercise of Stock Options	-2.0	0.0	0.0	0.0	—
+ Repayment of Borrowings	7.0	85.0	0.0	46.0	—
+ Payment of Lease Liabilities	467.0	423.0	498.0	507.0	—
+ Interest Paid	88.0	110.0	130.0	133.0	—
+ Dividends Paid	8,474.0	9,416.0	12,473.0	10,124.0	—
+ Other Inflows / (Outflows) — Financing	85.0	0.0	0.0	0.0	—
Cash from Financing Activities	-8,953.0	-10,034.0	-13,101.0	-10,810.0	—
Net Changes in Cash (pre-FX)	-456.0	111.0	5,258.0	-3,495.0	—
Net Changes in Cash	-456.0	111.0	5,258.0	-3,495.0	—
Closing Cash	701.0	812.0	6,070.0	2,583.0	—
Reference Items
EBITDA	14,149.0	14,663.0	14,851.0	15,054.0	15,665.0
EBITDA Margin %	23.36	23.69	23.53	23.35	22.92
Free Cash Flow (CFO − Capex)	8,799.0	13,992.0	10,632.0	9,638.0	9,638.0
Free Cash Flow to Equity	—	13,797.0	10,490.0	9,504.0	—
Free Cash Flow per Basic Share	37.44	59.54	45.24	41.01	41.01
Price to Free Cash Flow	—	—	—	—	44.27
Cash Flow to Net Income	0.99	1.50	1.11	0.73	—
Cash Paid for Taxes	3,138.0	381.0	2,268.0	4,840.0	—
Cash Paid for Interest	88.0	110.0	130.0	133.0	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 196%.