United Breweries Ltd

United Breweries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

United Breweries Ltd

₹ 2,005 0.53%
23 May 9:36 a.m.
unitedbreweries.com BSE: 532478 NSE: UBL
About

United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages. [1]

Key Points

Brand Portfolio
The Co markets its products under the flagship brands Kingfisher and Heineken. Some of the most popular brands in its portfolio include Kingfisher Premium, Kingfisher Ultra, Kingfisher Strong, Kingfisher Ultra Max, UB Export Lager, London Pilsner etc. [1]

Website BSE NSE
  • Market Cap ₹ 53,011 Cr.
  • Current Price ₹ 2,005
  • High / Low ₹ 2,300 / 1,810
  • Stock P/E 115
  • Book Value ₹ 165
  • Dividend Yield 0.50 %
  • ROCE 13.9 %
  • ROE 10.8 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has been maintaining a healthy dividend payout of 63.3%

Cons

  • Stock is trading at 12.1 times its book value
  • Company has a low return on equity of 9.73% over last 3 years.
  • Debtor days have increased from 96.6 to 117 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Alcoholic Beverages Industry: Breweries & Distilleries

Part of BSE 500 BSE Fast Moving Consumer Goods BSE 200 Nifty 500 BSE MidCap

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,707 2,437 1,680 1,611 1,764 2,273 1,888 1,823 2,132 2,473 2,115 1,998 2,321
1,447 2,172 1,460 1,534 1,711 2,050 1,703 1,677 1,990 2,188 1,888 1,857 2,135
Operating Profit 260 265 219 77 53 223 185 146 142 285 227 141 186
OPM % 15% 11% 13% 5% 3% 10% 10% 8% 7% 12% 11% 7% 8%
13 10 14 -20 12 10 12 24 26 7 11 -16 8
Interest 2 1 1 2 1 2 1 2 2 2 2 3 6
Depreciation 53 58 52 50 51 51 51 52 58 58 57 61 57
Profit before tax 218 217 180 5 13 180 145 116 109 233 178 61 132
Tax % 25% 26% 26% 145% 26% 24% 26% 27% 26% 26% 26% 37% 26%
163 162 134 -2 10 136 108 85 81 173 132 38 97
EPS in Rs 6.16 6.11 5.08 -0.08 0.37 5.15 4.07 3.21 3.06 6.55 5.00 1.45 3.68
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
4,236 4,692 4,839 4,734 5,629 6,472 6,505 4,241 5,832 7,492 8,115 8,907
3,639 4,071 4,109 4,093 4,727 5,335 5,630 3,861 5,137 6,877 7,420 8,068
Operating Profit 597 621 730 641 902 1,138 874 380 695 614 695 839
OPM % 14% 13% 15% 14% 16% 18% 13% 9% 12% 8% 9% 9%
15 37 48 52 12 32 9 43 30 16 73 10
Interest 80 73 81 59 48 31 31 23 15 5 7 13
Depreciation 198 207 244 287 260 260 285 232 217 210 212 233
Profit before tax 334 378 453 347 607 878 567 168 493 415 549 603
Tax % 32% 31% 34% 34% 35% 36% 25% 33% 26% 27% 25% 27%
226 260 298 229 394 563 427 113 365 303 409 441
EPS in Rs 8.53 9.82 11.27 8.67 14.90 21.28 16.16 4.27 13.80 11.48 15.48 16.69
Dividend Payout % 11% 10% 10% 13% 13% 12% 15% 12% 76% 65% 65% 60%
Compounded Sales Growth
10 Years: 7%
5 Years: 6%
3 Years: 15%
TTM: 10%
Compounded Profit Growth
10 Years: 6%
5 Years: 1%
3 Years: 8%
TTM: 12%
Stock Price CAGR
10 Years: 7%
5 Years: 17%
3 Years: 11%
1 Year: 6%
Return on Equity
10 Years: 11%
5 Years: 9%
3 Years: 10%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 26 26 26 26 26 26 26 26 26 26 26 26
Reserves 1,605 1,823 2,119 2,306 2,662 3,155 3,492 3,553 3,906 3,935 4,148 4,333
1,306 836 806 594 312 211 252 262 10 16 102 620
958 1,195 1,410 1,547 1,719 1,985 1,774 2,003 1,999 2,294 2,767 3,232
Total Liabilities 3,896 3,881 4,362 4,474 4,719 5,379 5,544 5,845 5,941 6,271 7,043 8,212
1,607 1,811 1,797 1,726 1,705 1,752 1,901 1,942 1,905 1,843 1,768 1,740
CWIP 82 90 61 137 72 190 199 128 110 77 173 251
Investments 25 25 25 26 26 26 26 14 16 16 16 16
2,181 1,954 2,478 2,586 2,916 3,411 3,418 3,761 3,910 4,335 5,087 6,205
Total Assets 3,896 3,881 4,362 4,474 4,719 5,379 5,544 5,845 5,941 6,271 7,043 8,212

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
290 839 539 544 562 644 507 619 899 -121 77 234
-157 -327 -245 -234 -196 -430 -402 -151 -160 -120 -148 -238
-173 -572 -297 -301 -363 -198 -95 -88 -286 -292 -130 217
Net Cash Flow -40 -60 -3 9 3 17 10 380 453 -533 -201 212

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 83 75 84 100 97 85 76 120 79 69 104 117
Inventory Days 293 276 322 326 265 323 310 555 300 318 296 116
Days Payable 113 170 196 200 172 185 154 308 204 160 206 83
Cash Conversion Cycle 262 182 211 226 190 223 231 368 174 227 195 151
Working Capital Days 66 38 37 50 57 49 59 74 31 50 65 74
ROCE % 14% 16% 19% 14% 22% 28% 17% 5% 13% 11% 13% 14%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
72.71% 72.72% 72.72% 72.72% 72.72% 71.00% 70.84% 70.84% 70.84% 70.84% 70.84% 70.84%
7.69% 6.93% 6.94% 6.43% 6.31% 6.70% 6.71% 6.63% 6.43% 6.26% 6.43% 6.92%
13.01% 13.87% 13.91% 14.41% 14.65% 15.97% 16.06% 16.12% 16.38% 16.62% 16.52% 16.17%
1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16%
5.43% 5.32% 5.28% 5.27% 5.16% 5.19% 5.22% 5.25% 5.19% 5.13% 5.06% 4.93%
No. of Shareholders 64,67563,57661,76063,47569,38467,95465,41866,91467,86866,79468,48368,802

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Right Issue

Credit ratings

Concalls