HUL Q1 turnover rises 9.8%; Nirmal Bang retains Hold despite higher ₹2,295 target
Hindustan Unilever reported Q1 FY27 turnover of ₹16,600 crore, up 9.8% year-on-year, with 5% underlying volume growth. Nirmal Bang raised its target price from ₹2,240 to ₹2,295 but maintained a Hold rating, citing rich valuations and margin pressure.
HUL reported Q1 FY27 turnover growth of 9.8%, EBITDA growth of 8.3% and 5% underlying volume growth. Nirmal Bang retained a Hold rating despite lifting its target price to Rs 2,295, citing rich valuations and margin pressure.
Why this matters
The result follows recent signals that HUL posted its strongest sales growth in 13 quarters and 10% Q1 revenue growth, while profit fell 3% amid commodity pressure; Nirmal Bang's Hold highlights the valuation and margin trade-off.
Retail-company signals are accelerating, up 399700% QoQ.