HUL in Focus: Q4 Results & Dividend on April 30

Key Updates • Board meeting on April 30, 2026 to approve Q4 results & consider final dividend • FY25 payout was ₹53/share (₹24 final) — similar or higher payout expected What to Watch in Q4 • Q3 PAT had declined 30% YoY to ₹2,118 Cr due to margin pressure • Focus on margin recovery and input cost trends • Management commentary on rural demand and volume growth Market Context • Stock down ~8% over the past year, near 52-week lows (~₹2,023) • Analyst meet scheduled same day — key for forward guidance • Parent Unilever restructuring global foods business, increasing India’s strategic importance Why It Matters HUL is a consumption bellwether. Q4 results and management commentary will provide signals on demand recovery and margin outlook for the FMCG sector. Learning Outcome For FMCG companies, margin trends and volume growth are critical. Investors should track raw material costs, rural demand, and pricing power.