CRISIL has reaffirmed 'AAA/Stable' rating on the bank loan facilities of Hindustan Unilever (HUL). The rating continue to reflect HUL's market leadership across segments in the fast-moving consumer goods (FMCG) industry, strong brand presence, robust financial risk profile, and high operating efficiency.

CRISIL believes that HUL will maintain its strong financial risk profile, and its leading position in the domestic FMCG industry, over the medium term. The company's cash flows are sufficient to fund its capital expenditure requirements.

The outlook, however, may be revised to 'Negative' if there is significant erosion in HUL's market share in key business segments, thereby adversely affecting the company's business risk profile.

Shares of the company declined Rs 0.8, or 0.11%, to settle at Rs 748.60. The total volume of shares traded was 18,889 at the BSE (Wednesday).