Unilever Indonesia (UNVR) Returns to Profit Growth in Nine Months of 2025
Key Takeaways
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JAKARTA, Investortrust.id — PT Unilever Indonesia Tbk, or UNVR, has finally recorded a rebound in profit after several years of steep decline. The consumer goods producer posted a net profit of Rp 3.33 trillion in the first nine months of 2025, up more than 11% from Rp 3.01 trillion in the same period last year.
In a statement released to the Indonesia Stock Exchange on Thursday, Oct 23, 2025, the company reported that the profit increase aligned with higher net sales, which rose from Rp 27.41 trillion to Rp 27.61 trillion. Gross profit also climbed from Rp 13.28 trillion to Rp 13.38 trillion.
The earnings growth was supported by lower marketing, selling, and administrative expenses. As a result, operating profit expanded from Rp 3.91 trillion to Rp 4.45 trillion. However, financial expenses rose sharply from Rp 65.18 billion to Rp 113.39 billion.
Unilever’s basic earnings per share increased from Rp 79 to Rp 87, while cash and cash equivalents at the end of the period jumped from Rp 539.63 billion to Rp 879.80 billion.
Unilever Indonesia Finance Director Neeraj Lal reaffirmed the company’s commitment to distributing all of its 2025 net profit as dividends to shareholders, maintaining a 100% dividend payout ratio. “We are committed to giving 100% of our profit to shareholders and will continue to distribute dividends next year, just as we did this year,” he said.
Meanwhile, President Director Benjie Yap said the company’s fundamentals have become increasingly solid. “The decisive steps and strategic initiatives we have taken to address operational challenges have started to yield tangible results,” Yap said.
Upside Potential Remains Despite Mixed Fundamentals
At Rp 2,230 per share, Unilever Indonesia (UNVR) is trading near the upper end of its 52-week range of Rp 985 to Rp 2,270, marking a 7.7% gain in the latest session.
According to InvestingPro’s fair value models, the stock’s intrinsic worth averages Rp 2,499.55, implying a 12.1% upside potential with low uncertainty. Analyst targets from 20 institutions cluster around Rp 1,705, while proprietary valuation models range widely from Rp 1,901 to Rp 3,942, reflecting differing views on near-term growth momentum versus dividend yield stability.
Source: InvestingPro. Data are current as of the time of publication.
Despite the rebound, UNVR’s overall financial health remains in the “fair” category, weighed by weaker growth and relative value metrics but supported by solid profitability and strong cash-flow health. The company continues to attract investors as a leading consumer staples play in Indonesia, underpinned by resilient margins and consistent dividend policy.

