Macquarie cut target for Hindustan Unilever stock to INR 2,750.00

Published on 10/08/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY27 revenue rose 10.00 percent to INR 173.41 billion. Average target for Hindustan Unilever stock is INR 2,412.32.

Hindustan Unilever, INE030A01027, Illustration mit AI erstellt.

Hindustan Unilever (ISIN INE030A01027) delivered Q1 FY27 revenue growth of 10.00 percent to INR 173.41 billion, while net profit fell 3.00 percent to INR 26.73 billion. According to Investing.com on October 1, 2026, Macquarie maintained its Buy rating but cut its target from INR 2,860.00 to INR 2,750.00.

Target cut meets earnings pressure

The target reduction puts the latest analyst view against a quarter with a clear split between sales and profit. Upstox reported on October 7, 2026, that consolidated net profit declined from INR 27.56 billion to INR 26.73 billion because of a prior-year tax credit, while total income increased from INR 157.57 billion to INR 173.41 billion.

The same report put Q1 FY27 earnings before interest, taxes, depreciation and amortization at INR 39.47 billion, up from INR 36.40 billion, while the margin contracted from 23.10 percent to 22.76 percent. Underlying sales growth reached 10.00 percent, the company's strongest pace in 13 quarters, with volume growth of 5.00 percent.

October results set the next test

Upstox reported that Hindustan Unilever's board will meet on October 28, 2026, to approve second-quarter and half-year results for the period ended September 30, 2026. The board will also consider an interim dividend for the fiscal year ending March 31, 2027.

That date matters because the next report will show whether the 10.00 percent sales pace can translate into steadier profit growth after the tax-related comparison effect. Management's operating challenge is visible in the margin: revenue accelerated, but the 38-basis-point decline to 22.76 percent leaves less room for higher input costs and promotional spending.

Consumer portfolio remains broad

Hindustan Unilever operates across home care, beauty and personal care, foods and refreshment products in India. The company's website says turnover reached INR 637.63 billion in fiscal 2025-26 and that its brands are used by 9 out of 10 Indian households, giving the quarterly figures a broad consumer base.

Indian listing stays below yearly high

On the NSE, Hindustan Unilever's 52-week range was INR 1,826.90 to INR 2,667.20 as of October 7, 2026. The company's latest reported sales growth, planned October results and Macquarie's lower target leave the next earnings release as the clearest numerical test for the stock's valuation.