
HUL vs ITC vs Nestle India: Side-by-Side Comparison of India's Top FMCG Stocks
HUL, ITC and Nestle India compared on market cap, valuation, ROE, 52-week range and dividend yield. Data as of September 2026.
Updated: 22 Sept 2026 • 11:34 am
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Quick Answer
HUL vs ITC vs Nestle India is a side-by-side comparison of three of India's leading FMCG companies. HUL carries the largest market cap of the three, ITC trades at the lowest PE alongside the highest dividend yield, and Nestle India posts by far the highest ROE and PE of the trio. Each company's numbers are presented here without a declared "better" pick, since the right stock depends on an investor's own criteria.
HUL vs ITC vs Nestle India starts with the core numbers most investors compare across leading FMCG companies: market capitalisation, valuation, profitability, and the 52-week trading range. Figures below are as of September 2026 and will shift with daily price moves.
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HUL vs ITC vs Nestle India: Key Metrics at a Glance
| Metric | HUL | ITC | Nestle India |
|---|---|---|---|
| Market Cap (approx.) | Rs 4,78,530 crore | Rs 3,39,870 crore | Rs 2,80,888 crore |
| PE Ratio (TTM) | 31.96 | 16.84 | 73.72 |
| PB Ratio | Not disclosed | Not disclosed | Not disclosed |
| ROE (%) | 22.41% | 28.53% | 67.85% |
| 52-Week High | Not disclosed | Not disclosed | Rs 1,535.90 |
| 52-Week Low | Not disclosed | Not disclosed | Rs 1,084.70 |
| Dividend Yield | 2.01% | 5.35% | 0.82% |
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Valuation Comparison: PE and PB Ratios
On valuation, ITC trades at a considerably lower PE of 16.84 compared with HUL's 31.96, while Nestle India commands the richest valuation of the three at a PE of 73.72, reflecting its premium packaged-foods positioning and asset-light balance sheet.
Profitability Comparison: Return on Equity
On return on equity, Nestle India stands out sharply at 67.85%, a figure partly inflated by its relatively small equity base for a company of its scale, followed by ITC at 28.53% and HUL at 22.41%.
52-Week Trading Range Comparison
Nestle India's 52-week range of Rs 1,084.70 to Rs 1,535.90 is available from recent trading data; comparable 52-week range figures for HUL and ITC from the same data source were not available and should be checked directly on the Univest Screener or NSE for the latest levels.
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Dividend Yield Comparison
ITC offers the highest dividend yield among the three at 5.35%, well ahead of HUL at 2.01% and Nestle India at 0.82%, making it the more income-oriented pick of the trio on this single metric.
What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three FMCG majors should track rural versus urban volume growth trends, premiumisation within each company's portfolio, and for ITC specifically, the ongoing FMCG-versus-cigarettes business mix debate that has long shaped how the stock is valued relative to pure-play FMCG peers.
Also read – TCS vs Infosys vs Wipro: Side-by-Side Comparison of India's Top IT Services Stocks
Snapshot: HUL vs ITC vs Nestle India is a widely searched comparison among investors tracking this sector. HUL vs ITC vs Nestle India highlights differences in valuation. HUL vs ITC vs Nestle India highlights differences in profitability. HUL vs ITC vs Nestle India highlights differences in dividend yield. HUL vs ITC vs Nestle India is best read as a factual snapshot rather than a recommendation.
In short: HUL vs ITC vs Nestle India remains one of the most-searched sector comparisons on Dalal Street. HUL vs ITC vs Nestle India draws attention every earnings season. HUL vs ITC vs Nestle India is tracked closely by retail and institutional investors alike. HUL vs ITC vs Nestle India numbers should always be checked live before acting.
Quick recap: HUL vs ITC vs Nestle India. HUL vs ITC vs Nestle India. HUL vs ITC vs Nestle India data as of September 2026.
Conclusion
HUL vs ITC vs Nestle India highlights how differently three leading names in the same sector can score across valuation, profitability and dividend metrics, even when operating in the same space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on HUL vs ITC vs Nestle India
What is the market cap difference between HUL, ITC and Nestle India?
Ans. As of September 2026, HUL has a market cap of approximately Rs 4,78,530 crore, ITC is at approximately Rs 3,39,870 crore, and Nestle India is at approximately Rs 2,80,888 crore.
Which of the three has the highest PE ratio?
Ans. Among HUL, ITC and Nestle India, the PE ratios stand at 31.96, 16.84 and 73.72 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. HUL, ITC and Nestle India post ROE of 22.41%, 28.53% and 67.85% respectively as of September 2026.
What is the 52-week range for HUL, ITC and Nestle India?
Ans. HUL has traded between Not disclosed and Not disclosed, ITC between Not disclosed and Not disclosed, and Nestle India between Rs 1,084.70 and Rs 1,535.90 over the past 52 weeks.
Which of these three stocks pays the highest dividend yield?
Ans. HUL, ITC and Nestle India carry dividend yields of 2.01%, 5.35% and 0.82% respectively as of September 2026.
Why does Nestle India have such a high ROE?
Ans. Nestle India's ROE of 67.85% is partly a function of its relatively small equity base for a company of its scale, alongside strong profitability from its packaged foods portfolio.
Why does ITC trade at a lower PE than HUL and Nestle India?
Ans. ITC has historically traded at a lower PE than pure-play FMCG peers partly due to its cigarettes business, which carries ESG-related concerns among some investors, alongside limited cigarette volume growth.
Is one of HUL, ITC or Nestle India better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.
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