United Breweries Limited
United Breweries Limited operates in Breweries & Distilleries, part of the Fast Moving Consumer Goods sector. It booked ₹5,919 cr of revenue in its latest quarter (Q1 FY27) and kept 2.8% of sales as profit. It is the 3rd largest of 9 Breweries & Distilleries companies we track, by market value.
| Segment | FY21 | FY22 | FY24 | FY25 | Share |
|---|---|---|---|---|---|
| Beer | 10,157 | 9,472 | 18,374 | 19,403 | 100% → 100% |
| Non-alcoholic beverages | 29 | 24 | 5 | 5 | 0% → 0% |
| Total | 10,186 | 9,496 | 18,380 | 19,409 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 48% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 27–149 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 22
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in UBL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹5,919 cr |
| Other Income | ₹51 cr |
| Total Income | ₹5,970 cr |
| Cost of Materials | ₹1,640 cr |
| Purchases of Stock-in-Trade | ₹43 cr |
| Inventory Change (±) | ₹123 cr |
| Employee Benefit Expense | ₹216 cr |
| Finance Costs | ₹23 cr |
| Depreciation & Amortisation | ₹86 cr |
| Other Expenses | ₹3,614 cr |
| Total Expenses | ₹5,746 cr |
| Profit before Tax | ₹224 cr |
| Tax Expense | ₹58 cr |
| Net Profit | ₹166 cr |
| Net margin on total income | 2.8% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 3,937 cr | 4,408 cr | 5,919 cr |
| Total income | 3,948 cr | 4,417 cr | 5,970 cr |
| Expenses | 3,797 cr | 4,374 cr | 5,746 cr |
| Profit before tax | 132 cr | 116 cr | 224 cr |
| Tax | 51 cr | 14 cr | 58 cr |
| Net profit (owners' share) | 81 cr | 102 cr | 166 cr |
| Net margin (owners' share, on revenue) | 2.1% | 2.3% | 2.8% |
| EPS (₹) | 3.06 | 3.85 | 6.29 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| United Spirits Limited | ₹1,390 | ₹1.01 L cr | 104.0 | 20.7% | 7.6% | — |
| Radico Khaitan Limited | ₹4,380 | ₹58,662 cr | 63.8 | 27.7% | 3.9% | — |
| United Breweries Limitedthis company | ₹1,217 | ₹32,172 cr | 48.4 | 14.7% | 2.8% | — |
| Allied Blenders and Distillers Limited | ₹653 | ₹18,268 cr | 92.8 | 11.8% | 2.7% | — |
| Tilaknagar Industries Limited | ₹544 | ₹13,459 cr | 106.2 | 4.4% | 1.5% | — |
| Piccadily Agro Industries Limited | ₹601 | ₹5,920 cr | 69.2 | 9.5% | 7.9% | — |
| Globus Spirits Limited | ₹831 | ₹2,416 cr | 22.7 | 9.7% | 2.3% | — |
| GM Breweries Limited | ₹937 | ₹2,141 cr | 14.2 | 14.0% | 4.7% | — |
| India Glycols Limited | ₹249 | ₹1,667 cr | 4.3 | 13.2% | 3.2% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹10 / share | 7 Aug 2026 |
| Dividend | ₹10 / share | 31 Jul 2025 |
| Dividend | ₹10 / share | 25 Jul 2024 |
| Dividend | ₹7.5 / share | 3 Aug 2023 |
| Dividend | ₹10.5 / share | 2 Aug 2022 |
| Dividend | ₹0.5 / share | 1 Jul 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.