Hindustan Unilever Ltd (HUL), a 52 per cent subsidiary of Unilever, UK, provides products ranging from personal products, home care, beverages and packaged foods. Despite channel de-stocking pressures, the company's performance in Q1FY18 was better than expected. Its net revenue grew 5 per cent YoY with growth in EBITDA and PAT at 14 per cent and 15 per cent, respectively. PostGST implementation, restocking is expected by the company in H2FY18. The premium segment is likely to show healthy growth after stabilisation of raw material prices. Recently, the company has launched Ayurvedic personal care range under brand Ayush to foray into South Indian regions. Its natural products segment would also boost post acquisition of Indulekha. Thus, we recommend our readers to BUY the scrip.