Hindustan Unilever (NSE:HINDUNILVR) Gross Margin %: 49.83% (As of Mar. 2026) — Near Median


NSE:HINDUNILVR Hindustan Unilever Ltd NSE:HINDUNILVR
94 GF Score
Price ₹2,201.20
GF Value ₹2,575.29
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hindustan Unilever Gross Margin %?

Hindustan Unilever NSE:HINDUNILVR -0.43% 94 Gross Margin % is 49.83% as of Mar. 2026, which is 1% above its 10-year median of 49.11. GuruFocus rates NSE:HINDUNILVR with a GF Score™ of 94/100 and a GF Value™ of ₹2,575.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Hindustan Unilever ranks better than 84.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hindustan Unilever's Gross Profit for the three months ended in Mar. 2026 was ₹80,760 Mil. Hindustan Unilever's Revenue for the three months ended in Mar. 2026 was ₹162,070 Mil. Therefore, Hindustan Unilever's Gross Margin % for the quarter that ended in Mar. 2026 was 49.83%.


The historical rank and industry rank for Hindustan Unilever's Gross Margin % or its related term are showing as below:

NSE:HINDUNILVR' s Gross Margin % Range Over the Past 10 Years
Min: 45.06   Med: 49.11   Max: 51.68
Current: 50.24


During the past 13 years, the highest Gross Margin % of Hindustan Unilever was 51.68%. The lowest was 45.06%. And the median was 49.11%.

NSE:HINDUNILVR's Gross Margin % is ranked better than
84.41% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 26.36 vs NSE:HINDUNILVR: 50.24

Hindustan Unilever had a gross margin of 49.83% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hindustan Unilever was -0.30% per year.


Hindustan Unilever  (NSE:HINDUNILVR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Hindustan Unilever had a gross margin of 49.83% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Hindustan Unilever Gross Margin % Related Terms


Hindustan Unilever Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hindustan Unilever's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hindustan Unilever Gross Margin % Chart

Hindustan Unilever Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.42 45.06 49.33 48.88 48.50

Hindustan Unilever Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.58 49.51 50.86 50.78 49.83

NSE:HINDUNILVR vs PG, CL, KVUE: Gross Margin % Comparison

For the Household & Personal Products subindustry, Hindustan Unilever's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hindustan Unilever Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hindustan Unilever's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hindustan Unilever's Gross Margin % falls into.


NSE:HINDUNILVR
94GF Score
Hindustan Unilever Ltd NSE:HINDUNILVR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Unilever Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Hindustan Unilever's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=309270 / 637630
=(Revenue - Cost of Goods Sold) / Revenue
=(637630 - 328360) / 637630
=48.50 %

Hindustan Unilever's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=80760 / 162070
=(Revenue - Cost of Goods Sold) / Revenue
=(162070 - 81310) / 162070
=49.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 49.83% mean?
Hindustan Unilever (NSE:HINDUNILVR) has a Gross Margin % of 49.83% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hindustan Unilever and its competitors. This is near median its historical median of 49.11. Over the past decade, Hindustan Unilever's Gross Margin % has ranged from 45.06 to 51.68. According to the industry distribution chart, Hindustan Unilever ranks #296 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 15.6%.
Is Hindustan Unilever's Gross Margin % too high?
Hindustan Unilever's current Gross Margin % of 49.83% is near median its 10-year median of 49.11. Over the past 10 years, this metric has ranged from a low of 45.06 to a high of 51.68. The Consumer Packaged Goods industry median Gross Margin % is 26.36. Hindustan Unilever's value of 49.83% is 89% above this industry median. Based on the distribution chart, Hindustan Unilever ranks #296 out of 1899 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Unilever has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Unilever's Gross Margin % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Hindustan Unilever ranks #296 out of 1899 companies for Gross Margin %. This places Hindustan Unilever in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.36. Hindustan Unilever's value of 49.83% is 89% above this benchmark. Historically, Hindustan Unilever's own Gross Margin % has ranged from 45.06 to 51.68 over the past decade. While the company's 10-year median is 49.11 vs. the industry median of 26.36, Hindustan Unilever has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,899 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Unilever's current Gross Margin % of 49.83% is 89% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Hindustan Unilever and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Unilever's current Gross Margin % is 49.83%, which is near median its own 10-year median of 49.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Unilever stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Unilever (NSE:HINDUNILVR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,575.29, compared to a current price of ₹2,201.20 — trading 14.5% below its estimated fair value. The current Gross Margin % is 49.83%, which is near median its 10-year median of 49.11 and 89% above the Consumer Packaged Goods industry median of 26.36. Hindustan Unilever's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Hindustan Unilever (NSE:HINDUNILVR), the current Gross Margin % is 49.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hindustan Unilever (NSE:HINDUNILVR) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Unilever stock appears to be undervalued. The current stock price of ₹2,201.20 is trading 14.5% below its estimated GF Value™ of ₹2,575.29. GuruFocus considers Hindustan Unilever to be Modestly Undervalued.

Key valuation signals for NSE:HINDUNILVR:

  • Gross Margin %: 49.83% (near median its 10-year median of 49.11)
  • GF Value™: ₹2,575.29 vs. price of ₹2,201.20 (14.5% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 89% above the Consumer Packaged Goods median (#296 of 1899)

No single metric tells the full story. See the NSE:HINDUNILVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindustan Unilever Business Description

Other Exchanges 500696:India
Address B. D. Sawant Marg, Unilever House, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Hindustan Unilever Ltd is an Indian consumer goods company. The firm offers different brands from distinct categories, including cosmetics and hygiene items, such as detergents, soaps, shampoos, skincare, toothpaste, and deodorants, as well as food and beverages (tea, coffee, packaged foods). Its product portfolio contains household brands such as Lux, Lifebuoy, Pepsodent, Closeup, Pureit, Axe, Brooke Bond, Bru, Knorr, Kissan, Pond's, Vaseline, Lakme, Dove, Clinic Plus, Sunsilk, Kwality Wall's, Surf Excel, Rin, Wheel, and Fair and Lovely. The company's segments include Home Care, which generates maximum revenue, Beauty & Wellbeing, Personal Care, Foods, and others. Geographically, it generates a majority of its revenue from India.
94GF Score

Get the complete analysis for NSE:HINDUNILVR

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,201.20
Price
₹2,575.29
GF Value