Share Price and Basic Stock Data
Last Updated: December 8, 2025, 3:27 pm
| PEG Ratio | 4.73 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
United Spirits Ltd, a prominent player in the beverages and distilleries sector, has demonstrated a commendable performance in recent quarters. For the fiscal year ending March 2025, the company reported sales of ₹12,069 Cr, reflecting a robust growth trajectory from ₹10,612 Cr in the previous year. This upward trend is underscored by quarterly sales figures, with the latest quarter ending June 2025 recording ₹3,021 Cr. The company’s ability to maintain a consistent revenue stream, even during challenging market conditions, speaks volumes about its operational resilience. The sales growth can be attributed to the increasing demand for premium alcoholic beverages in India, where the market is evolving towards higher-quality products. However, the sales figures also reveal some fluctuations, particularly in the March 2023 quarter, where sales dipped to ₹2,503 Cr, indicating that seasonality and market dynamics could impact performance. Overall, the revenue trend appears positive, suggesting a solid foundation for future growth.
Profitability and Efficiency Metrics
When it comes to profitability, United Spirits has exhibited impressive metrics. The company’s operating profit margin (OPM) stood at 19% for the fiscal year ending March 2025, which is a significant improvement from the 13% reported in March 2023. This recovery in margins is indicative of the company’s effective cost management and pricing strategies in a competitive landscape. The net profit for the same period rose to ₹1,582 Cr, further highlighting the company’s ability to convert sales into profit efficiently. Interestingly, the interest coverage ratio (ICR) of 28.98x indicates that United Spirits is comfortably handling its interest obligations, underscoring its financial health. However, the price-to-earnings (P/E) ratio of 61.8 may suggest that the stock is trading at a premium, which could be seen as a risk for value-conscious investors. The company’s return on equity (ROE) of 19.7% also reflects a healthy return for shareholders, although it is crucial to monitor how this evolves in relation to industry benchmarks.
Balance Sheet Strength and Financial Ratios
United Spirits’ balance sheet exhibits notable strength, with reserves standing at ₹8,263 Cr against borrowings of merely ₹412 Cr, indicating a very low debt load. This low leverage not only enhances financial stability but also provides the company with flexibility for future investments or expansions. The current ratio of 1.95x suggests that the company is well-positioned to meet its short-term liabilities, which is a reassuring sign for investors. Furthermore, the cash conversion cycle of 109 days, while slightly extended, remains manageable and reflects a competent operational framework. However, the high price-to-book value (P/BV) ratio of 12.54x could indicate that the stock is overvalued, potentially raising concerns among value investors. Overall, the balance sheet’s robustness, combined with sound liquidity ratios, positions United Spirits favorably in a capital-intensive industry.
Shareholding Pattern and Investor Confidence
The shareholding pattern of United Spirits is indicative of strong institutional confidence, with promoters holding 56.68% of the company. This significant insider ownership can instill trust among retail investors, as it suggests that those closest to the company have a vested interest in its success. The presence of foreign institutional investors (FIIs) at 14.38% and domestic institutional investors (DIIs) at 14.90% further underscores the stock’s attractiveness to large, sophisticated investors. However, it’s worth noting a slight decline in FIIs from a peak of 16.68% in March 2024, which may raise questions about changing sentiments among international investors. The increase in the number of shareholders to 3,23,938 as of September 2025 indicates growing interest and confidence in the company’s prospects. This diverse ownership structure could be a positive factor in maintaining stock liquidity and stability.
Outlook, Risks, and Final Insight
Looking ahead, United Spirits appears poised for continued growth, driven by rising consumer demand for premium alcoholic beverages. However, the company must navigate several risks, including fluctuating raw material prices and potential regulatory changes in the liquor industry, which could impact profitability. Additionally, the high P/E and P/BV ratios may suggest a premium valuation that could deter some investors if growth slows or market conditions worsen. On the flip side, the company’s strong balance sheet and efficient operations provide a solid buffer against economic downturns. Investors should weigh these strengths against the inherent risks, considering their own risk appetite and investment horizon. Overall, United Spirits represents a compelling option for those looking to tap into India’s evolving beverage market, but caution is advised given the potential volatility associated with consumer goods sectors.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of United Spirits Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| United Spirits Ltd | 1,03,895 Cr. | 1,428 | 1,700/1,270 | 60.6 | 116 | 0.82 % | 26.5 % | 19.7 % | 2.00 |
| United Breweries Ltd | 44,289 Cr. | 1,675 | 2,300/1,662 | 116 | 164 | 0.60 % | 13.9 % | 10.8 % | 1.00 |
| Industry Average | 74,092.00 Cr | 1,551.50 | 88.30 | 140.00 | 0.71% | 20.20% | 15.25% | 1.50 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,419 | 2,911 | 2,779 | 2,503 | 2,667 | 2,869 | 3,002 | 2,783 | 2,761 | 2,844 | 3,433 | 3,031 | 3,021 |
| Expenses | 2,047 | 2,474 | 2,407 | 2,268 | 1,955 | 2,401 | 2,516 | 2,449 | 2,049 | 2,344 | 2,868 | 2,572 | 2,383 |
| Operating Profit | 372 | 437 | 372 | 235 | 712 | 468 | 486 | 334 | 712 | 500 | 565 | 459 | 638 |
| OPM % | 15% | 15% | 13% | 9% | 27% | 16% | 16% | 12% | 26% | 18% | 16% | 15% | 21% |
| Other Income | -12 | 389 | -127 | 0 | 5 | 71 | 52 | 80 | 35 | 54 | 7 | 175 | 58 |
| Interest | 22 | 21 | 24 | 36 | 4 | 27 | 16 | 29 | 22 | 25 | 20 | 22 | 49 |
| Depreciation | 83 | 66 | 65 | 69 | 74 | 66 | 63 | 73 | 72 | 69 | 72 | 70 | 76 |
| Profit before tax | 254 | 739 | 155 | 130 | 639 | 446 | 459 | 312 | 653 | 460 | 480 | 542 | 571 |
| Tax % | -3% | 26% | -38% | 21% | 25% | 24% | 24% | 23% | 26% | 26% | 30% | 22% | 27% |
| Net Profit | 261 | 548 | 214 | 103 | 477 | 339 | 350 | 241 | 485 | 341 | 335 | 421 | 417 |
| EPS in Rs | 3.66 | 7.61 | 2.95 | 1.41 | 6.56 | 4.66 | 4.81 | 3.31 | 6.67 | 4.69 | 4.61 | 5.79 | 5.73 |
Last Updated: August 22, 2025, 10:24 am
Below is a detailed analysis of the quarterly data for United Spirits Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 3,021.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,031.00 Cr. (Mar 2025) to 3,021.00 Cr., marking a decrease of 10.00 Cr..
- For Expenses, as of Jun 2025, the value is 2,383.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,572.00 Cr. (Mar 2025) to 2,383.00 Cr., marking a decrease of 189.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 638.00 Cr.. The value appears strong and on an upward trend. It has increased from 459.00 Cr. (Mar 2025) to 638.00 Cr., marking an increase of 179.00 Cr..
- For OPM %, as of Jun 2025, the value is 21.00%. The value appears strong and on an upward trend. It has increased from 15.00% (Mar 2025) to 21.00%, marking an increase of 6.00%.
- For Other Income, as of Jun 2025, the value is 58.00 Cr.. The value appears to be declining and may need further review. It has decreased from 175.00 Cr. (Mar 2025) to 58.00 Cr., marking a decrease of 117.00 Cr..
- For Interest, as of Jun 2025, the value is 49.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 22.00 Cr. (Mar 2025) to 49.00 Cr., marking an increase of 27.00 Cr..
- For Depreciation, as of Jun 2025, the value is 76.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 70.00 Cr. (Mar 2025) to 76.00 Cr., marking an increase of 6.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 571.00 Cr.. The value appears strong and on an upward trend. It has increased from 542.00 Cr. (Mar 2025) to 571.00 Cr., marking an increase of 29.00 Cr..
- For Tax %, as of Jun 2025, the value is 27.00%. The value appears to be increasing, which may not be favorable. It has increased from 22.00% (Mar 2025) to 27.00%, marking an increase of 5.00%.
- For Net Profit, as of Jun 2025, the value is 417.00 Cr.. The value appears to be declining and may need further review. It has decreased from 421.00 Cr. (Mar 2025) to 417.00 Cr., marking a decrease of 4.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 5.73. The value appears to be declining and may need further review. It has decreased from 5.79 (Mar 2025) to 5.73, marking a decrease of 0.06.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 22, 2025, 10:24 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,508 | 9,254 | 8,495 | 8,818 | 8,591 | 9,341 | 9,325 | 8,131 | 9,712 | 10,612 | 11,321 | 12,069 | 12,329 |
| Expenses | 13,876 | 9,619 | 8,162 | 7,826 | 7,381 | 7,947 | 7,756 | 7,080 | 8,117 | 9,195 | 9,321 | 9,833 | 10,167 |
| Operating Profit | -3,368 | -366 | 333 | 991 | 1,209 | 1,394 | 1,569 | 1,051 | 1,595 | 1,417 | 2,000 | 2,236 | 2,162 |
| OPM % | -32% | -4% | 4% | 11% | 14% | 15% | 17% | 13% | 16% | 13% | 18% | 19% | 18% |
| Other Income | 681 | -360 | 648 | -265 | 172 | 70 | 89 | -25 | -117 | 249 | 208 | 271 | 294 |
| Interest | 1,323 | 687 | 457 | 375 | 278 | 237 | 212 | 188 | 88 | 104 | 76 | 89 | 116 |
| Depreciation | 203 | 223 | 157 | 189 | 192 | 215 | 285 | 299 | 304 | 283 | 275 | 283 | 287 |
| Profit before tax | -4,213 | -1,635 | 366 | 163 | 912 | 1,012 | 1,160 | 540 | 1,087 | 1,279 | 1,857 | 2,135 | 2,053 |
| Tax % | 7% | 3% | 61% | 43% | 28% | 32% | 47% | 33% | 25% | 12% | 24% | 26% | |
| Net Profit | -4,489 | -1,687 | 143 | 93 | 652 | 684 | 621 | 362 | 811 | 1,126 | 1,408 | 1,582 | 1,514 |
| EPS in Rs | -61.78 | -23.23 | 1.90 | 1.38 | 8.72 | 9.64 | 9.07 | 5.28 | 11.40 | 15.63 | 19.36 | 21.75 | 20.82 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 46% | 55% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 62.42% | 108.48% | -34.97% | 601.08% | 4.91% | -9.21% | -41.71% | 124.03% | 38.84% | 25.04% | 12.36% |
| Change in YoY Net Profit Growth (%) | 0.00% | 46.06% | -143.44% | 636.04% | -596.17% | -14.12% | -32.50% | 165.74% | -85.19% | -13.80% | -12.69% |
United Spirits Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 5% |
| 3 Years: | 8% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 20% |
| 3 Years: | 17% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 18% |
| 3 Years: | 17% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 19% |
| 3 Years: | 20% |
| Last Year: | 20% |
Last Updated: September 5, 2025, 1:50 pm
Balance Sheet
Last Updated: December 4, 2025, 2:10 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 | 145 |
| Reserves | 2,887 | 514 | 1,489 | 1,640 | 2,274 | 2,945 | 3,583 | 3,974 | 4,808 | 5,854 | 6,976 | 7,959 | 8,263 |
| Borrowings | 8,307 | 4,987 | 4,242 | 4,144 | 3,421 | 2,883 | 2,570 | 1,037 | 605 | 183 | 265 | 480 | 412 |
| Other Liabilities | 3,518 | 2,242 | 2,452 | 2,967 | 3,086 | 3,135 | 2,546 | 3,354 | 3,304 | 3,534 | 3,790 | 4,592 | 4,664 |
| Total Liabilities | 14,858 | 7,889 | 8,329 | 8,896 | 8,926 | 9,109 | 8,844 | 8,511 | 8,863 | 9,716 | 11,176 | 13,176 | 13,484 |
| Fixed Assets | 5,700 | 1,921 | 1,887 | 1,917 | 1,791 | 1,841 | 1,956 | 1,893 | 1,855 | 1,534 | 1,560 | 1,712 | 1,757 |
| CWIP | 110 | 114 | 282 | 199 | 102 | 118 | 121 | 97 | 96 | 83 | 37 | 72 | 81 |
| Investments | 238 | 216 | 77 | 0 | 0 | 25 | 22 | -0 | 222 | 286 | 645 | 923 | 1,330 |
| Other Assets | 8,810 | 5,637 | 6,084 | 6,780 | 7,033 | 7,124 | 6,745 | 6,521 | 6,690 | 7,813 | 8,934 | 10,469 | 10,316 |
| Total Assets | 14,858 | 7,889 | 8,329 | 8,896 | 8,926 | 9,109 | 8,844 | 8,511 | 8,863 | 9,716 | 11,176 | 13,176 | 13,484 |
Below is a detailed analysis of the balance sheet data for United Spirits Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 145.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 145.00 Cr..
- For Reserves, as of Sep 2025, the value is 8,263.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,959.00 Cr. (Mar 2025) to 8,263.00 Cr., marking an increase of 304.00 Cr..
- For Borrowings, as of Sep 2025, the value is 412.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 480.00 Cr. (Mar 2025) to 412.00 Cr., marking a decrease of 68.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 4,664.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,592.00 Cr. (Mar 2025) to 4,664.00 Cr., marking an increase of 72.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 13,484.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13,176.00 Cr. (Mar 2025) to 13,484.00 Cr., marking an increase of 308.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,757.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,712.00 Cr. (Mar 2025) to 1,757.00 Cr., marking an increase of 45.00 Cr..
- For CWIP, as of Sep 2025, the value is 81.00 Cr.. The value appears strong and on an upward trend. It has increased from 72.00 Cr. (Mar 2025) to 81.00 Cr., marking an increase of 9.00 Cr..
- For Investments, as of Sep 2025, the value is 1,330.00 Cr.. The value appears strong and on an upward trend. It has increased from 923.00 Cr. (Mar 2025) to 1,330.00 Cr., marking an increase of 407.00 Cr..
- For Other Assets, as of Sep 2025, the value is 10,316.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10,469.00 Cr. (Mar 2025) to 10,316.00 Cr., marking a decrease of 153.00 Cr..
- For Total Assets, as of Sep 2025, the value is 13,484.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,176.00 Cr. (Mar 2025) to 13,484.00 Cr., marking an increase of 308.00 Cr..
Notably, the Reserves (8,263.00 Cr.) exceed the Borrowings (412.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -11.00 | -370.00 | 329.00 | 987.00 | -2.00 | -1.00 | -1.00 | 0.00 | -604.00 | -182.00 | -263.00 | -478.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79 | 69 | 99 | 122 | 115 | 99 | 89 | 98 | 89 | 84 | 99 | 103 |
| Inventory Days | 185 | 123 | 150 | 226 | 263 | 235 | 199 | 254 | 229 | 193 | 186 | 197 |
| Days Payable | 115 | 56 | 78 | 144 | 195 | 171 | 124 | 176 | 168 | 154 | 176 | 191 |
| Cash Conversion Cycle | 148 | 136 | 171 | 205 | 183 | 163 | 165 | 177 | 150 | 122 | 108 | 109 |
| Working Capital Days | -148 | -61 | -30 | -22 | -12 | -8 | -8 | 17 | 39 | 51 | 52 | 48 |
| ROCE % | -24% | -3% | 15% | 15% | 18% | 20% | 21% | 14% | 25% | 20% | 28% | 26% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Flexi Cap Fund | 5,735,000 | 0.9 | 820.91 | N/A | N/A | N/A |
| HDFC Large Cap Fund | 4,775,527 | 1.72 | 683.57 | N/A | N/A | N/A |
| HDFC Mid Cap Fund | 3,972,655 | 0.64 | 568.65 | N/A | N/A | N/A |
| ICICI Prudential Large Cap Fund | 3,102,769 | 0.59 | 444.13 | N/A | N/A | N/A |
| Mirae Asset Large & Midcap Fund | 3,094,883 | 1.03 | 443 | N/A | N/A | N/A |
| SBI Contra Fund | 2,937,085 | 0.85 | 420.41 | 1,907,565 | 2025-08-22 02:33:33 | 53.97% |
| Franklin India Flexi Cap Fund | 2,570,003 | 1.86 | 367.87 | 3,452,563 | 2025-11-03 12:27:19 | -25.56% |
| HDFC Hybrid Equity Fund | 2,410,676 | 1.4 | 345.06 | N/A | N/A | N/A |
| SBI Balanced Advantage Fund | 2,265,500 | 0.84 | 324.28 | 2,246,700 | 2025-11-03 12:27:19 | 0.84% |
| HDFC Balanced Advantage Fund | 2,124,257 | 0.29 | 304.07 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 22.28 | 19.83 | 16.01 | 11.68 | 5.41 |
| Diluted EPS (Rs.) | 22.28 | 19.83 | 16.01 | 11.68 | 5.41 |
| Cash EPS (Rs.) | 25.82 | 23.23 | 19.38 | 15.34 | 9.12 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 111.78 | 98.22 | 82.47 | 67.10 | 55.87 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 111.78 | 98.22 | 82.47 | 67.10 | 55.87 |
| Revenue From Operations / Share (Rs.) | 166.47 | 156.15 | 145.86 | 133.69 | 111.92 |
| PBDIT / Share (Rs.) | 35.57 | 30.70 | 20.48 | 22.62 | 15.04 |
| PBIT / Share (Rs.) | 31.67 | 26.91 | 16.60 | 18.44 | 10.92 |
| PBT / Share (Rs.) | 29.54 | 25.63 | 17.59 | 14.96 | 7.45 |
| Net Profit / Share (Rs.) | 21.92 | 19.43 | 15.49 | 11.16 | 5.00 |
| NP After MI And SOA / Share (Rs.) | 21.82 | 19.42 | 15.62 | 11.41 | 5.28 |
| PBDIT Margin (%) | 21.36 | 19.66 | 14.04 | 16.92 | 13.43 |
| PBIT Margin (%) | 19.02 | 17.23 | 11.37 | 13.79 | 9.75 |
| PBT Margin (%) | 17.74 | 16.41 | 12.06 | 11.18 | 6.65 |
| Net Profit Margin (%) | 13.16 | 12.44 | 10.62 | 8.34 | 4.46 |
| NP After MI And SOA Margin (%) | 13.10 | 12.43 | 10.70 | 8.53 | 4.71 |
| Return on Networth / Equity (%) | 19.52 | 19.77 | 18.93 | 16.72 | 9.31 |
| Return on Capital Employeed (%) | 26.92 | 26.55 | 19.67 | 26.41 | 18.88 |
| Return On Assets (%) | 11.94 | 12.51 | 11.64 | 9.29 | 4.49 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.06 | 0.21 |
| Asset Turnover Ratio (%) | 0.98 | 1.08 | 1.12 | 1.11 | 0.92 |
| Current Ratio (X) | 1.95 | 1.89 | 1.72 | 1.35 | 1.11 |
| Quick Ratio (X) | 1.46 | 1.36 | 1.10 | 0.78 | 0.63 |
| Inventory Turnover Ratio (X) | 5.53 | 5.27 | 2.43 | 2.32 | 2.04 |
| Dividend Payout Ratio (NP) (%) | 40.39 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 34.26 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earning Retention Ratio (%) | 59.61 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Earning Retention Ratio (%) | 65.74 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | 28.98 | 29.29 | 14.34 | 18.68 | 5.82 |
| Interest Coverage Ratio (Post Tax) (X) | 19.58 | 19.76 | 10.15 | 12.09 | 3.28 |
| Enterprise Value (Cr.) | 99593.25 | 80992.75 | 54142.26 | 64690.27 | 41154.36 |
| EV / Net Operating Revenue (X) | 8.25 | 7.15 | 5.10 | 6.66 | 5.06 |
| EV / EBITDA (X) | 38.62 | 36.38 | 36.34 | 39.36 | 37.68 |
| MarketCap / Net Operating Revenue (X) | 8.42 | 7.26 | 5.19 | 6.64 | 4.97 |
| Retention Ratios (%) | 59.60 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | 12.54 | 11.55 | 9.17 | 13.02 | 9.81 |
| Price / Net Operating Revenue (X) | 8.42 | 7.26 | 5.19 | 6.64 | 4.97 |
| EarningsYield | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
After reviewing the key financial ratios for United Spirits Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 22.28. This value is within the healthy range. It has increased from 19.83 (Mar 24) to 22.28, marking an increase of 2.45.
- For Diluted EPS (Rs.), as of Mar 25, the value is 22.28. This value is within the healthy range. It has increased from 19.83 (Mar 24) to 22.28, marking an increase of 2.45.
- For Cash EPS (Rs.), as of Mar 25, the value is 25.82. This value is within the healthy range. It has increased from 23.23 (Mar 24) to 25.82, marking an increase of 2.59.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 111.78. It has increased from 98.22 (Mar 24) to 111.78, marking an increase of 13.56.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 111.78. It has increased from 98.22 (Mar 24) to 111.78, marking an increase of 13.56.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 166.47. It has increased from 156.15 (Mar 24) to 166.47, marking an increase of 10.32.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 35.57. This value is within the healthy range. It has increased from 30.70 (Mar 24) to 35.57, marking an increase of 4.87.
- For PBIT / Share (Rs.), as of Mar 25, the value is 31.67. This value is within the healthy range. It has increased from 26.91 (Mar 24) to 31.67, marking an increase of 4.76.
- For PBT / Share (Rs.), as of Mar 25, the value is 29.54. This value is within the healthy range. It has increased from 25.63 (Mar 24) to 29.54, marking an increase of 3.91.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 21.92. This value is within the healthy range. It has increased from 19.43 (Mar 24) to 21.92, marking an increase of 2.49.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 21.82. This value is within the healthy range. It has increased from 19.42 (Mar 24) to 21.82, marking an increase of 2.40.
- For PBDIT Margin (%), as of Mar 25, the value is 21.36. This value is within the healthy range. It has increased from 19.66 (Mar 24) to 21.36, marking an increase of 1.70.
- For PBIT Margin (%), as of Mar 25, the value is 19.02. This value is within the healthy range. It has increased from 17.23 (Mar 24) to 19.02, marking an increase of 1.79.
- For PBT Margin (%), as of Mar 25, the value is 17.74. This value is within the healthy range. It has increased from 16.41 (Mar 24) to 17.74, marking an increase of 1.33.
- For Net Profit Margin (%), as of Mar 25, the value is 13.16. This value exceeds the healthy maximum of 10. It has increased from 12.44 (Mar 24) to 13.16, marking an increase of 0.72.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 13.10. This value is within the healthy range. It has increased from 12.43 (Mar 24) to 13.10, marking an increase of 0.67.
- For Return on Networth / Equity (%), as of Mar 25, the value is 19.52. This value is within the healthy range. It has decreased from 19.77 (Mar 24) to 19.52, marking a decrease of 0.25.
- For Return on Capital Employeed (%), as of Mar 25, the value is 26.92. This value is within the healthy range. It has increased from 26.55 (Mar 24) to 26.92, marking an increase of 0.37.
- For Return On Assets (%), as of Mar 25, the value is 11.94. This value is within the healthy range. It has decreased from 12.51 (Mar 24) to 11.94, marking a decrease of 0.57.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.98. It has decreased from 1.08 (Mar 24) to 0.98, marking a decrease of 0.10.
- For Current Ratio (X), as of Mar 25, the value is 1.95. This value is within the healthy range. It has increased from 1.89 (Mar 24) to 1.95, marking an increase of 0.06.
- For Quick Ratio (X), as of Mar 25, the value is 1.46. This value is within the healthy range. It has increased from 1.36 (Mar 24) to 1.46, marking an increase of 0.10.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.53. This value is within the healthy range. It has increased from 5.27 (Mar 24) to 5.53, marking an increase of 0.26.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 40.39. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 40.39, marking an increase of 40.39.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 34.26. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 34.26, marking an increase of 34.26.
- For Earning Retention Ratio (%), as of Mar 25, the value is 59.61. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 59.61, marking an increase of 59.61.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 65.74. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 65.74, marking an increase of 65.74.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 28.98. This value is within the healthy range. It has decreased from 29.29 (Mar 24) to 28.98, marking a decrease of 0.31.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 19.58. This value is within the healthy range. It has decreased from 19.76 (Mar 24) to 19.58, marking a decrease of 0.18.
- For Enterprise Value (Cr.), as of Mar 25, the value is 99,593.25. It has increased from 80,992.75 (Mar 24) to 99,593.25, marking an increase of 18,600.50.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 8.25. This value exceeds the healthy maximum of 3. It has increased from 7.15 (Mar 24) to 8.25, marking an increase of 1.10.
- For EV / EBITDA (X), as of Mar 25, the value is 38.62. This value exceeds the healthy maximum of 15. It has increased from 36.38 (Mar 24) to 38.62, marking an increase of 2.24.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 8.42. This value exceeds the healthy maximum of 3. It has increased from 7.26 (Mar 24) to 8.42, marking an increase of 1.16.
- For Retention Ratios (%), as of Mar 25, the value is 59.60. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 59.60, marking an increase of 59.60.
- For Price / BV (X), as of Mar 25, the value is 12.54. This value exceeds the healthy maximum of 3. It has increased from 11.55 (Mar 24) to 12.54, marking an increase of 0.99.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 8.42. This value exceeds the healthy maximum of 3. It has increased from 7.26 (Mar 24) to 8.42, marking an increase of 1.16.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in United Spirits Ltd:
- Net Profit Margin: 13.16%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 26.92% (Industry Average ROCE: 20.2%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 19.52% (Industry Average ROE: 15.25%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 19.58
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.46
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 60.6 (Industry average Stock P/E: 88.3)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 13.16%
Fundamental Analysis of United Spirits Ltd
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Beverages & Distilleries | UB Tower, No. 24, Vittal Mallya Road, Bengaluru Karnataka 560001 | investor.india@diageo.com http://www.diageoindia.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Mahendra Kumar Sharma | Chairman & Ind.Director |
| Ms. Hina Nagarajan | Managing Director & CEO |
| Dr.(Mrs.) Indu Shahani | Independent Director |
| Mr. D Sivanandhan | Independent Director |
| Mr. Rajeev Gupta | Independent Director |
| Mr. V K Viswanathan | Independent Director |
| Mr. John Thomas Kennedy | Non Executive Director |
| Mr. Mark Dominic Sandys | Non Executive Director |
| Mr. Pradeep Jain | Executive Director & CFO |
| Ms. Mamta Sundara | Non Executive Director |
United Spirits Ltd. Share Price Update | |
|---|---|
| Share Price | Value |
| Today | ₹1,175.95 |
| Previous Day | ₹1,180.55 |
FAQ
What is the intrinsic value of United Spirits Ltd?
United Spirits Ltd's intrinsic value (as of 08 December 2025) is 1116.95 which is 21.78% lower the current market price of 1,428.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,03,895 Cr. market cap, FY2025-2026 high/low of 1,700/1,270, reserves of ₹8,263 Cr, and liabilities of 13,484 Cr.
What is the Market Cap of United Spirits Ltd?
The Market Cap of United Spirits Ltd is 1,03,895 Cr..
What is the current Stock Price of United Spirits Ltd as on 08 December 2025?
The current stock price of United Spirits Ltd as on 08 December 2025 is 1,428.
What is the High / Low of United Spirits Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of United Spirits Ltd stocks is 1,700/1,270.
What is the Stock P/E of United Spirits Ltd?
The Stock P/E of United Spirits Ltd is 60.6.
What is the Book Value of United Spirits Ltd?
The Book Value of United Spirits Ltd is 116.
What is the Dividend Yield of United Spirits Ltd?
The Dividend Yield of United Spirits Ltd is 0.82 %.
What is the ROCE of United Spirits Ltd?
The ROCE of United Spirits Ltd is 26.5 %.
What is the ROE of United Spirits Ltd?
The ROE of United Spirits Ltd is 19.7 %.
What is the Face Value of United Spirits Ltd?
The Face Value of United Spirits Ltd is 2.00.