1. United Spirits
stock logo

48% Buy

United Spirits Share Price

UNITDSPR

₹1,289.65+₹5.15 (0.40%) TodayLast updated on 12 Jul, 2024 | 03:42 PM IST
₹1,273.20₹1,292.70
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • F&O (Option chain)

  • More

Company overview

Financial performance

arrow

Market cap

Market Cap Switch₹93,428 Crs

Open

₹1,284.50

Close

₹1,284.50

Circuit range

₹1,418.60 - ₹1,160.70

Day range

₹1,273.20 - ₹1,292.70

Year range

₹917.10 - ₹1,334.85

Volume

7,03,819

Avg. traded

₹1,285.13

Revenue (12m)

₹26,018 Crs

United Spirits

United Spirits Limited is an Indian alcoholic beverage company based in Bengaluru. It ranks as the second-largest spirits company globally in terms of volume and operates as a holding company of Diageo, which holds 55.88% shareholding in the company, as of December 31, 2023.

It was originally established as a trading company named McDowell & Co. in 1926 during the pre-Independence era by Angus McDowell, it catered to the British residents in India by importing liquor, tobacco products and other consumer goods.

In 1951, United Breweries, led by Vittal Mallya, acquired McDowell & Co. and inaugurated its first distillery unit in Cherthala, Kerala. The company expanded its footprint by launching McDowell whiskey in 1968 and subsequently establishing new distillery units in Hyderabad, Ponda and Hathidah between 1968 and 1972. During the 1970s and 1980s, the UB group expanded further through acquisitions, becoming one of the most renowned distillery groups in India.

A significant milestone for the company occurred in 2005 when it partnered with Dubai-based Jumbo World Holdings Limited to jointly acquire stakes in Shaw Wallace, with the merger completed in 2008. Diageo acquired a 10% stake in United Spirits Limited in 2013, followed by subsequent share purchases, becoming a majority shareholder by 2014.

The market capitalisation of United Spirits Limited stood at over ₹79,500 crore as of January 29, 2024. United Spirits share price few over 80% in the last three years.

Business operations

United Spirits Limited manufactures, sells and distributes a portfolio of premium brands. The company has over 63 brands of Scotch whisky, IMFL whisky, brandy, rum, vodka and gin, with 8 of these brands selling more than a million cases annually. It operates brands across all price points, catering to segments ranging from popular to luxury.

With a pan-India manufacturing presence comprising approximately 40 facilities, the company maintains a wide distribution network of over 70,000 outlets. This facilitates access to vendors, suppliers and distributors across the country.

With an annual production and sales volume of approximately 72 million cases, the company's marquee brands include McDowell’s No.1, Royal Challenge, Royal Challenge American Pride, Signature, Antiquity, Black Dog, Director’s Special Black, McDowell’s Rum and McDowell’s Brandy. During FY23, the company's sales volume amounted to 72.5 million cases, a decrease of 8.4% compared to the previous year. However, net sales/income from operations (net of duties and taxes) increased by 10.1%.

It also imports, manufactures, distributes and sells various iconic Diageo brands such as Haig Gold Label, Captain Morgan, Johnnie Walker, J&B, Baileys, Lagavulin, Talisker, VAT 69, Black & White, Smirnoff and Ciroc in India under different licensing agreements.

Its technical centre was inaugurated in Bengaluru in 1989.

Financial highlights

– The company’s revenue reported for FY 23 stood at ₹27,815.4 crore as against the previous year’s ₹31,061.8 crore. – United Spirits’ net profit was reported at ₹1,125.8 crore in FY23 as against ₹810.6 crores in FY22. d) The earnings per share was reported at ₹16.01 in FY23 as against the previous year’s figure of ₹11.68.

United Spirits Key indicators

arrow

52 week high

₹1,334.85

52 week low

₹917.10

P/E ratio

65.02

P/B ratio

13.17

ROE

20.33%

ROCE

27.3%

Dividend yield

0.7%

Debt/Equity ratio

EPS

18.1

Learn more

Investment checklist: (3/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

48%

Hold

33%

Sell

19%

This analysis is based on the reviews of 21 experts in the last 7 days

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

8.05%

Net profit margin

5.17%

ROE

20.33%

ROA

13.13%

ROCE

27.3%

Learn more

United Spirits Shareholder returns

arrow

1 day

+0.27%

1 week

+1.99%

1 month

-2.52%

3 months

+7.03%

1 year

+38.81%

3 years

+96.03%

5 years

+126.86%

United Spirits Share Price history

arrow
DayOpenCloseDay’s change
Fri, Jul 12 2024
₹1,284.50
₹1,289.65
+0.40%
Thu, Jul 11 2024
₹1,280.00
₹1,284.50
+0.27%
Wed, Jul 10 2024
₹1,289.75
₹1,281.05
-0.56%
Tue, Jul 9 2024
₹1,279.00
₹1,288.25
+1.27%
Mon, Jul 8 2024
₹1,257.00
₹1,272.10
+1.43%
Fri, Jul 5 2024
₹1,259.40
₹1,254.15
-0.42%
Thu, Jul 4 2024
₹1,265.25
₹1,259.40
-0.95%
Wed, Jul 3 2024
₹1,280.00
₹1,271.50
-0.27%

Shareholding info

arrow

Promoters (56.67%)

Mutual Funds (10.12%)

Retail and other (14.37%)

Foreign institutions-FII (16.68%)

Other domestic institutions (2.16%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹5/share

    Ex date 12 Jul 2024

    expand tab
  • Dividend • ₹4/share

    Ex date 17 Nov 2023

    expand tab

Learn more

Frequently asked questions