UNVR Stock: Unilever Indonesia Profile, Business, Performance and Risks

UNVR is the stock code for PT Unilever Indonesia Tbk, a subsidiary of the global Unilever group operating in everyday consumer goods. Its portfolio spans household and personal care products like soap, toothpaste, and detergent, as well as food and beverages through brands widely known to Indonesian consumers. It's one of the oldest consumer goods names on the Indonesia Stock Exchange, listed since 1982.

UNVR stock summary

As of October 22, 2026:

Unilever Indonesia's business

Unilever Indonesia runs its operations through two broad groups: home and personal care, and nutrition and beverages including ice cream. According to Wikipedia, the company markets around 40 brands and operates nine factories concentrated in Cikarang and Rungkut, Surabaya.

Brands mentioned in the news coverage include Lifebuoy, Dove, Vaseline, Sunsilk, Pepsodent, Rinso, Molto, Royco, and Bango. These products reach retail chains, shopping centers, and distributors across Indonesia. The business has a defensive character since consumers keep buying soap, toothpaste, and detergent even when the economy slows, which is why the sector often attracts investors during market turbulence.

In the first half of 2026, 18 out of 24 tracked brands posted sales growth, according to the report cited by media.

Brief history and IPO

Unilever Indonesia was founded on December 5, 1933 as NV Lever's Zeepfabrieken in Jakarta, initially producing Lux and Sunlight soap. Blue Band margarine followed two years later. The company weathered difficult periods, including the repatriation of Dutch directors in 1957-1959 amid the West Irian dispute and the nationalization of its factory in 1964 after being taken over by a pro-PKI labor union. Operations returned to company control in April 1967 following the regime change.

The company's name changed to PT Unilever Indonesia on July 22, 1980. A year later, on September 1, 1980, Unilever merged several of its subsidiaries, including the Van den Bergh's margarine factory and the Colibri cosmetics plant in Surabaya, into a single entity. This restructuring was followed by the release of 15% of shares to the public on the Jakarta Stock Exchange on January 11, 1982, making Unilever Indonesia a publicly listed company from that point on.

Over the following decades, the company expanded its portfolio through acquisitions of local brands such as SariWangi (1991), Bango soy sauce (2001), Taro (2003), and Buavita and Gogo (2007), along with building a new factory in Cikarang to replace the old Tubagus Angke plant.

Shareholders and management

The sources we checked confirm Unilever Indonesia is a subsidiary of the global Unilever group and is described as one of the largest foreign direct investment companies in Indonesia. Details of current shareholding composition and the names of directors or commissioners aren't available in these sources. For the latest shareholder data and management structure, check the company's disclosures directly on idx.co.id or its official annual report.

Recent financial performance

For the first half of 2026 (as of June 30, 2026), Unilever Indonesia booked net sales of Rp16.90 trillion, up about 7.05% from the same period a year earlier. Base sales volume grew 7.3%, with domestic sales up 7.1%.

Net profit came in at Rp2.97 trillion, up 37.7% year over year. But this figure needs context: profit from continuing operations grew a more modest 10.2% to around Rp2.1 trillion, while the rest came from gains on discontinued operations, including a one-off gain of about Rp870.27 billion.

On the balance sheet side as of June 30, 2026, total assets stood at around Rp16.45 trillion, cash and equivalents at Rp1.74 trillion, and total equity at Rp3.02 trillion. The sources we checked don't include third-quarter results or full-year 2026 projections, so for a complete picture readers should check the official financial statements on idx.co.id.

Dividends

Unilever Indonesia paid a dividend of Rp114 per share in late June 2026 for fiscal year 2025, with a 100% payout ratio, meaning the entire net profit was distributed to shareholders. Based on the share price at the time, the dividend yield ranged from 7.06% to 7.10%, higher than average bank deposit rates according to the analysis cited by media.

The cum-dividend date fell on June 12, 2026. After that date, the stock price dipped on June 15 and 17, a pattern some investors call a dividend trap, where the post-dividend price decline eats into the gains from the yield. Still, according to the same report, the correction didn't last long as buyers came back in afterward.

UNVR stock price movement

As of October 22, 2026, UNVR traded at Rp1,370 per share. That's close to its 52-week low of Rp1,295, and far from its 52-week high of Rp2,840, roughly 52% below the peak.

Over the past month the price dropped 15.4%, over three months 19.6%, and over the past year it plunged 33.2%. Average daily trading volume over the last three months stood at 17.34 million shares.

For comparison, in late September and early October 2026 some analysts noted support levels in the Rp1,610 to Rp1,655 range, when the price was still around Rp1,600. The Rp1,370 price on October 22, 2026 means the stock has traded well below those reference levels since. The sources we checked don't explain the specific cause of the move between early and mid-October 2026.

Recent news and catalysts

Several relevant reports from media:

• October 2, 2026 (KabaSumbar): UNVR traded around Rp1,600 after first-half 2026 net profit rose 37.7%, with the breakdown described in the earnings section above. Analysts noted support at Rp1,610 and resistance at Rp1,650 at the time, alongside a spinning top candlestick pattern on October 1 and a MACD indicator still negative but starting to flatten. Foreign investors recorded consecutive net buying from September 25 to October 1, 2026, with large brokers reportedly accumulating shares at an average price around Rp1,620 on October 1.
• September 29, 2026 (Kompas.com): Mirae Asset Sekuritas Senior Market Analyst Nafan Aji Gusta flagged UNVR as one of the stocks drawing retail investor attention at the time, citing support levels at Rp1,610 and Rp1,505.
• June 25, 2026 (KabaSumbar, opinion piece by Supardi of MNC Sekuritas Padang branch): discussion of the Rp114 per share dividend with a roughly 7% yield, plus a note that UNVR rose 1.81% in one session when the Jakarta Composite Index (IHSG) tumbled 3.56% to 5,883, highlighting the stock's relatively defensive character during that period. Foreign investors were net buyers starting June 10, 2026, with pauses on June 12, 17, and 23.

These three reports show relatively positive sentiment from analysts and foreign flows through mid-year into early October 2026, yet the October 22, 2026 price sits well below the levels discussed in those reports.

What it means for investors

A few concrete things worth tracking from this data, without concluding where the price goes next:

• Rp1,295 is the 52-week low. A break below this level would mark a new 12-month low for UNVR.
• The three-month average daily volume of 17.34 million shares is a useful baseline for normal liquidity. Volume well above that figure usually signals a bigger sentiment shift, whether from foreign flows or a corporate news release.
• Third-quarter 2026 financial results aren't in the sources we checked. To see whether the 10.2% growth in continuing-operations profit from the first half continued, the next release should be checked directly on idx.co.id.
• A 100% payout ratio on the latest dividend means future dividend policy hinges heavily on current-year earnings. Investors chasing yield should track quarterly net profit, not just the share price.
• Foreign net buy or net sell activity can be checked through daily trading data on the IDX or a broker's app, as one gauge of institutional sentiment toward this stock.
• With the price now about 52% below its 52-week high, relative valuation metrics like P/E and P/B, which aren't available in these sources, are worth checking before drawing conclusions.

Competitors on the IDX

A few consumer goods issuers often compared with UNVR:

• ICBP (Indofood CBP Sukses Makmur): bigger in packaged food, instant noodles, and dairy products.
• MYOR (Mayora Indah): known for biscuits, instant coffee, and snacks, with sizable export exposure.
• KINO (Kino Indonesia): a smaller local personal care and household products player compared to UNVR.

All three depend heavily on domestic consumer spending, but each has a different product mix and brand base than Unilever Indonesia.

Risks

• The stock's sharp one-year downtrend, now sitting near its 52-week low, signals market sentiment that hasn't fully recovered.
• A 100% payout ratio on the latest dividend leaves almost no retained earnings for expansion; if operating profit comes under pressure, the next dividend could be affected.
• Part of the first-half 2026 net profit growth came from a one-off item, the gain on discontinued operations. Profit from continuing core operations grew far more modestly.
• A dividend trap pattern occurred after the June 2026 cum-date, a reminder that a high yield doesn't automatically translate into net gains if the share price corrects afterward.
• As part of a multinational group, Unilever Indonesia's strategy is also shaped by global corporate decisions, including a history of divesting joint venture subsidiaries like PT Technopia Lever and PT Kimberly-Lever Indonesia.
• The consumer goods sector broadly is sensitive to purchasing power and price competition, including from local brands and modern retail private labels.
• Current shareholder composition and management structure aren't available in the sources we checked, so the latest transparency details should be confirmed directly through official filings on idx.co.id.

How to buy UNVR shares

One lot of UNVR shares consists of 100 shares. At Rp1,370 per share as of October 22, 2026, one lot is worth about Rp137,000, excluding brokerage transaction fees.

To buy this stock, investors need to open a securities account with a brokerage licensed by Indonesia's Financial Services Authority (OJK) and registered as an exchange member of the IDX. Once the account is active and funded, purchases can be made through that broker's trading app.

FAQ

Does UNVR pay dividends regularly?

Based on the sources we checked, UNVR paid a dividend of Rp114 per share in late June 2026 for fiscal year 2025, with a 100% payout ratio. Dividend history for prior years isn't available in these sources, so check the official annual report on idx.co.id.

What is the price of one lot of UNVR shares?

As of October 22, 2026, UNVR traded at Rp1,370 per share, making one lot of 100 shares worth Rp137,000.

Is UNVR part of the LQ45 index?

Not mentioned in the sources we checked. Confirm index membership directly through the IDX website.

How does UNVR differ from ICBP?

UNVR focuses on household and personal care plus some nutrition products through dozens of brands like Lifebuoy, Pepsodent, and Rinso. ICBP (Indofood CBP Sukses Makmur) is bigger in packaged food and instant noodles.

Why has UNVR's stock price dropped so much over the past year?

The sources don't give a specific explanation for the 33.2% one-year decline. What's clear is the stock now sits near its 52-week low of Rp1,295.

Did UNVR's net profit really grow 37.7% in H1 2026?

Yes according to the reports cited, but that growth includes a gain from discontinued operations of about Rp870.27 billion. Profit from continuing operations alone grew more modestly, around 10.2% year over year.

This article is informational content meant to support research, not a recommendation to buy or sell UNVR shares.