Message from the management

HUL at a glance



Indian households use one or more of our brands everyday



business gaining penetration1


brands in the Kantar list of most valued brands in India2

Suppliers and business partners

₹ 29,000 Cr+

material spends

Suppliers and business partners


suppliers trained in ESG awareness3

75 Bn+

units manufactured3

Planet and society

3.2 Tn+

litres water potential created5

Planet and society


reduction in total waste generated from factories3, 4

~10 Mn

people reached through our community development initiative – Prabhat


9 Mn+

retail outlets reached


1.3 Mn

retailers use Shikhar, our e-B2B app



Our people


Employer of choice6

Our people


gender diversity at managerial positions3

1,00,000+ hrs

of training and upskilling employees


₹59,579 Cr



` 10,114 Cr

Profit After Taxation

` 42

Dividend Per Share

1March 2024 MAT Business winning report based on Nielsen market data (HUL relevant categories)

2India’s Most Valuable Brands – Kantar BrandZ Report, 2023

3HUL including subsidiaries

4Against 2008 baseline

5Water potential cumulatively and collectively created by Hindustan Unilever Foundation along with its partners

6Based on brand perception study by InsideIIM at target Business schools in 2023

Our strategy

To make sustainable living commonplace
Financial ambition
Double-digit EPS growth driven by topline

We will operate with the twin agenda of outperforming in our current business, while accelerating transformation to serve India’s evolving aspirations.

Growing the core with Unmissable Brand Superiority
Reshaping our portfolio in high growth and premium spaces
Market making backed by innovation and technology
Leadership in channels of the future

Winning in Many Indias (WiMI)

De-averaged consumer understanding

Fuel for growth

Generate savings to
re-invest behind brands and future fit capabilities

Digital enterprise

Sell more, save more, manage better


Key priorities: Climate, Nature, Plastics and Livelihoods

Future-fit talent

Development and diversity of our workforce

Suppliers and business partners
Planet and society
Our people

Our value creation model

What we depend on...

Financial Capital

Funds generated from our operations & financing activities

₹50,973 Cr

Net worth

Social and Relationship Capital

Continuous engagement with stakeholders to strengthen relationships and create a positive impact on our communities

₹234 Cr

CSR spends

Natural Capital

Integrating sustainability into our business strategy, we are working towards making a positive difference to people and planet


Renewable energy consumed1

Intellectual Capital

We continue to focus on science, technology and innovation to drive superior experiences


Access to patents

Human Capital

Our people are instrumental in achieving our purpose. We are committed to creating a future-ready workforce



Manufactured Capital

Our new age sites and digitalisation of our supply chain enable us to deliver superior products


Owned factories1

What we do...

Consumer insights

We track changing consumer sentiment through our People Data Centre, combining social listening with traditional consumer research.


A countrywide network of logistics warehouses ultimately delivers our products to millions of retail outlets. We continue to digitise operations making us future-fit.


Our marketing and R&D teams use consumer insights, along with the best ideas and thinking from specialists to develop our brands and products.


We create an increasing amount of tailored digital content to connect with consumers and make it easy for them to choose our brands.


Each year, we buy large quantities of raw materials and packaging materials to make our products.


We use many channels to make our brands available to consumers wherever and whenever they shop. Our products are available in over 9 million retail outlets.


Our factories and third-party manufacturers convert materials using state-of-the-art technology into the products we sell.

Consumer use

9 out of 10 households in India use our products to feel good and get more out of life.

Note: All underpinned by the management of our principal risks.

The value we create for...


We aim to provide superior-quality products and brands that the increasingly discerning consumers are looking for.

Our people

We aim to reward people fairly for the work they do and help them find their purpose while fostering a culture for personal and professional growth alongside business growth.


We partner with traditional trade distributors, retailers and digital commerce marketplaces to grow our business and theirs.

Planet and society

We aim to improve the health of the planet while contributing to a fairer and more socially inclusive world.

Suppliers and
business partners

We partner with suppliers to help innovate our products and support mutual and sustainable growth.


We aim to deliver consistent, competitive performance and drive long-term value creation for our shareholders.

1HUL including subsidiaries
2Permanent employees and workers

Our divisions

₹21,900 Cr


₹22,165 Cr


₹15,292 Cr


Our iconic brands with turnover greater than ₹1,000 Cr

FY‘24 turnover

₹5,000 Cr+

₹2,000 Cr+

₹1,000 Cr+

Our presence

9 out of 10

households in India use one or more of our brands


Direct to Consumer (D2C) websites

9 Mn+

retail outlets reached


distribution hubs


owned factories*


Lighthouse factories

*HUL including subsidiaries

Financial & ESG performance highlights

₹59,579 Cr


₹10,114 Cr

Profit After Taxation


Earnings Per Share


EPR compliant


reduction in CO2 emissions in manufacturing
(Kg/tonne of production, against 2008 baseline)


paper and board used in packaging sustainably sourced

2 lakh+

women microentrepreneurs in rural India empowered through project Shakti.

~ 10 Mn

reached through Prabhat our sustainable community development initiative.

4 lakh+

people have access to safe sanitation through Project Suvidha.


employees trained on Code of Business Principles


Independent Directors covered by familiarisation training


Board Committees led by Independent Directors

Digital transformation at HUL

India has witnessed rapid digitisation, with internet penetration increasing from 15% to over 50% in 7 years. To be at the forefront of this change, we are transforming our operations, with data and technology centre stage.

Creating personalised and omni-channel experiences

Leveraging automated and intelligent media planning and deployment

Riding the digital commerce tailwinds

Leveraging data and analytics

Enhancing B2B commerce