Beauty & Wellbeing
Beauty that cares for people, society and planet
Business review of the year
In F Y'26, Beauty & Wellbeing (B&W) reported 6% Underlying Sales Growth, led by a balanced mix of volume and price, with strong momentum in Hair Care, Health & Wellbeing and Premium Skin Care. In Skin Care, Channels of the Future delivered competitive double-digit growth, reinforcing the strength of H U L’s future-fit channel strategy. Looking ahead, B&W will continue its transformation journey, focusing on high-growth demand spaces, culture-shaping brands and democratising aspirations to deliver sustained value for H U L.
- ₹14,990 Crores. Revenue
₹14,990 Crores
- 6%. Underlying Sales Growth
6%
- 28%. Segment Margin
28%
- 23%. Contribution to H U L
23%
- 4X expansion . of Masstige & Wellbeing portfolio
4X expansion
- ₹850 Crores+ Minimalist. Annual Revenue Run rate
₹850 Crores+ Minimalist
- #1 Market leader. in Hair Care and Skin Care
#1 Market leader
- Double-digit growth. in Skin Care market development cells
Double-digit growth
Message from Harman Dhillon
F Y 2025–26 was a year of steady progress and continued transformation for Beauty & Wellbeing in India. Operating in a dynamic beauty landscape marked by evolving aspirations and heightened competitive intensity, the business remained anchored to its long-term vision of being the Beauty Shapers of India. The focus for the year was on strengthening the foundations of growth, while continuing to rewire the portfolio by elevating brands and building capabilities for the next phase of premiumisation-led growth.
Harman Dhillon
Executive Director, Beauty & Wellbeing
Radical consumer segmentation is the foundation of how we build and go to market, shaping every brand, channel, and media choice. In Beauty & Wellbeing, this guides how we activate our portfolio across Skin Care, Hair Care, and Health & Wellbeing.
























