Hindustan Unilever vs Nestle India: share price, P/E, ROE and financials compared
Hindustan Unilever
Nestle India
Hindustan Unilever and Nestle India at a glance
Hindustan Unilever and Nestle India are both listed in Fast Moving Consumer Goods. Hindustan Unilever is the larger by market cap, at ₹4.7L Cr against ₹2.5L Cr for Nestle India (1.9 times as large). On valuation, Hindustan Unilever has the lower P/E (44.4× against 60.6×) and the lower price-to-book (9.62× against 42.76×). On returns and margins, Hindustan Unilever has the higher operating margin (23.1% against 21.0%), while Nestle India has the higher ROE (79.9% against 21.6%). Neither carries much debt for its equity: debt-to-equity is 0.03× for Hindustan Unilever and 0.08× for Nestle India.
Key metrics, side by side
| Metric | Hindustan UnileverHINDUNILVR | Nestle IndiaNESTLEIND |
|---|---|---|
| Price (₹) | 1,998.40 | 1,282.10 |
| Market cap (₹ Cr) | 4,69,542 | 2,47,229 |
| P/E | 44.4× (the lower figure, shaded) | 60.6× |
| P/B | 9.62× (the lower figure, shaded) | 42.76× |
| Dividend yield, trailing | 2.05% (the higher figure, shaded) | 1.09% |
| ROE | 21.6% | 79.9% (the higher figure, shaded) |
| ROCE | 22.2% | – |
| Operating margin (OPM) | 23.1% (the higher figure, shaded) | 21.0% |
| Net margin (NPM) | 22.0% (the higher figure, shaded) | 16.0% |
| Sales CAGR 3Y | +2.3% | – |
| Profit CAGR 3Y | +14.1% | – |
| Debt to equity | 0.03× | 0.08× |
| Interest cover | 34.7× | 37.9× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 15,062 | – |
| 1Y return | −19.0% | −0.5% (the higher figure, shaded) |
| Promoter holding | 61.90% | 62.76% |
Hindustan Unilever vs Nestle India: common questions
Which is bigger, Hindustan Unilever or Nestle India?
By market cap, Hindustan Unilever is bigger at ₹4.7L Cr, against ₹2.5L Cr for Nestle India (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Hindustan Unilever or Nestle India?
Hindustan Unilever trades at a P/E of 44.4× and Nestle India at 60.6×. Hindustan Unilever has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Hindustan Unilever or Nestle India?
Hindustan Unilever reports a return on equity of 21.6% and Nestle India 79.9%. Nestle India has the higher ROE. ROE is net profit as a share of shareholders’ equity.