50.85 (2.15%) Credit rating agency CRISIL has reaffirmed ‘AAA/Stable’ rating to Hindustan Unilever’s (HUL) long term bank facilities worth Rs 1000 crore. The company has received the said rating on the back of its market leadership across segments in the fast-moving consumer goods (FMCG) industry, strong brand presence, robust financial risk profile, and high operating efficiency. These rating strengths are partially offset by the intensifying competition in the FMCG industry.
HUL is India’s largest fast moving consumer goods company, with leadership in Home & Personal Care Products and Foods & Beverages. HUL's brands, spread across 20 distinct consumer categories, touch the lives of two out of three Indians.