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United Spirits Limited share price

United Spirits Limited, together with its subsidiaries, manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally. The company offers alcoholic beverages, such as Scotch whisky, Indian made foreign liquor whisky, malts, tequila, brandy, rum, vodka, and gin under the Godawan, McDowell's No.1, Royal Challenge, Royal Challenge American Pride, Signature, Antiquity, Black Dog, Director's Special Black, McDowell's Rum, McDowell's Brandy, and McDowell's X-series brands. It also imports, manufactures, distributes, and sells alcoholic beverages under PIPA, Don Julio, Singleton, Tanquery, Captain Morgan, Johnnie Walker, J&B, Baileys, Lagavulin, Tal…Read more

WebsiteNSEहिंदी मेंBSE

Fast Moving Consumer GoodsBeverages - Wineries & DistilleriesNifty 500Nifty Midcap 150NSE: UNITDSPRISIN INE854D01024
16 Oct 2026, 3:29 PM IST₹1,380.00▼ 1.50 (0.11%)
  • Market Cap₹ 97,988 Cr.
  • Current Price₹ 1,380.00
  • High / Low₹ 1,563 / 1,211
  • Stock P/E58.1
  • Book Value₹ 126
  • Dividend Yield1.23 %
  • ROCE25.5 %
  • ROE21.60 %
  • Face Value₹ 2.0
More figures (10)
  • EPS (TTM)₹ 23.75
  • Price / Book10.94
  • OPM16.1 %
  • Debt / Equity0.05
  • Sales growth (5Y)0.3 %
  • Profit growth (5Y)38.4 %
  • Promoter holding59.5 %
  • EV / EBITDA44.4
  • Beta0.21
  • All-time high₹ 1,700

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
UNITDSPR-0.68%-0.12%+10.00%-4.41%+1.54%+8.58%+9.34%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • United Spirits Limited is in the Beverages - Wineries & Distilleries industry (Consumer Defensive), with a market value of ₹97,988 crore.
  • It trades at 58.1 times its last 12 months' earnings and 10.9 times book value.
  • Revenue grew 0.3% a year over the last 5 years, profit 38.4% a year.
  • Return on equity was 21.6% and return on capital employed 25.5% in the latest year.
  • Debt was 0.05 times shareholders' equity.
  • The share price is 11.7% below its 52-week high and up 1.5% over one year.
  • Promoters and insiders hold about 59.5%; institutions about 24.9%.

Pros

  • Strong return on equity: 21.3% on average over the last 3 years.
  • Company is almost debt-free (debt is 0.05 times equity).
  • Profit has grown 38.4% a year over the last 5 years.
  • Pays a healthy dividend: about 69% of profit last year.

Cons

  • Sales growth has been slow: 0.3% a year over the last 5 years.
  • Trades at 10.9 times its book value.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About United Spirits Limited

United Spirits Limited, together with its subsidiaries, manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally. The company offers alcoholic beverages, such as Scotch whisky, Indian made foreign liquor whisky, malts, tequila, brandy, rum, vodka, and gin under the Godawan, McDowell's No.1, Royal Challenge, Royal Challenge American Pride, Signature, Antiquity, Black Dog, Director's Special Black, McDowell's Rum, McDowell's Brandy, and McDowell's X-series brands. It also imports, manufactures, distributes, and sells alcoholic beverages under PIPA, Don Julio, Singleton, Tanquery, Captain Morgan, Johnnie Walker, J&B, Baileys, Lagavulin, Talisker, VAT 69, Black & White, Smirnoff, and Ciroc brands. The company was formerly known as McDowell & Company Limited and changed its name to United Spirits Limited in October 2006. The company was f…

Employees
2,224
Head office
Bengaluru
NSE industry
Fast Moving Consumer Goods

Peer comparison

Consumer DefensiveFast Moving Consumer GoodsBeverages - Wineries & Distilleries

Part ofNifty 500Nifty Midcap 150

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.United Spirits1,380.0058.197,9881.2346310.916,122-2.7525.5
2.Radico Khaitan4,473.4085.359,9390.20230149.361,68429.1124.0
3.Allied Blenders and Distillers748.6595.620,9410.7349-37.429796.3324.6
4.BCL Industries29.907.68831.17366.09623-24.0016.6
5.IFB Agro Industries863.6013.68090.002018.4552125.2711.2
Median: 5 Co.863.6058.120,9410.734910.919796.3324.0

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
5,8086,7376,9626,5116,2386,6727,7326,6346,2957,1997,9426,8556,122
5,0956,2706,4766,1775,5256,1707,1646,1745,6516,5397,3436,2625,693
Operating Profit714467487334713502568460644660599593429
OPM %12%7%7%5%11%8%7%7%10%9%8%9%7%
22405211135547217572815129573
Interest4261629222520224921196930
Depreciation74656373726972707665807672
Profit before tax640446459312654462483543577625541703319
25%24%24%23%26%26%30%22%27%26%23%19%26%
477339350241485341335421417464418539463
EPS in Rs6.714.784.933.406.834.804.725.935.876.535.887.596.52
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
28,87328,82427,41931,06227,81526,01827,27627,81628,118
27,47927,25126,36629,45426,39924,01725,03325,53025,837
Operating Profit1,3941,5721,0531,6081,4172,0012,2432,2862,281
OPM %5%5%4%5%5%8%8%8%8%
6922403673225336478500
Interest237212188881047689158139
Depreciation215285299304283275283289293
Profit before tax1,0141,1645411,0871,2801,8582,1422,2262,188
32%46%33%25%12%24%26%23%23%
6846213628111,1261,4081,5821,8381,883
EPS in Rs9.879.295.4111.6816.0119.8322.2825.8926.52
Dividend Payout %20%22%69%

Compounded Sales Growth

5 Years:
0%
3 Years:
0%
TTM:
3%

Compounded Profit Growth

5 Years:
38%
3 Years:
18%
TTM:
24%

Stock Price CAGR

5 Years:
9%
3 Years:
9%
1 Year:
2%

Return on Equity

4 Years:
21%
Last Year:
22%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital145145145145
Reserves5,8546,9767,9598,808
183265480413
3,5793,8634,6645,103
Total Liabilities9,76111,24913,24814,469
1,2231,1131,3871,311
CWIP73438096
8,46510,09311,78113,062
Total Assets9,76111,24913,24814,469

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6151,1181,9471,459
-55226-1,114-428
-500-407-557-1,450
Net Cash Flow60937276-419
Free Cash Flow4781,0201,7851,278

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—19.0%21.5%20.8%21.6%
ROCE—22.5%26.3%26.1%25.5%
Operating margin—10.8%15.3%15.5%16.1%
Net margin—10.8%12.5%13.7%14.8%
Debt / equity—0.030.040.060.05
Current ratio—1.721.891.952.05
Debtor days—8499108106
Inventory days—132123130144
Days payable—105116126128
Cash conversion cycle—111106112122
Working capital days—90113142159

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 56.67%
  • FIIs 12.85%
  • DIIs 17.65%
  • Government 0.01%
  • Public 12.82%
%Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters56.67%56.67%56.67%56.67%56.67%56.67%56.67%56.67%56.67%56.67%56.67%56.67%
16.23%16.68%15.10%16.11%15.93%14.98%15.04%14.38%14.12%14.41%12.89%12.85%
12.51%12.28%14.01%13.16%13.55%14.60%14.40%14.90%15.37%15.37%17.15%17.65%
Government0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
14.58%14.36%14.21%14.05%13.84%13.74%13.88%14.04%13.83%13.54%13.28%12.82%
No. of Shareholders2,64,5832,51,0952,52,1212,45,5582,57,7692,64,9952,88,9003,23,9383,03,7462,92,6612,93,8592,58,028

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding United Spirits

Holder (above 1%)Stake
HDFC Mutual Fund - Various SchemesMutual fund · see the fund house4.62%
Aditya Birla Sun Life Trustee Private Limited A/C - Various SchemesMutual fund2.10%
Kotak Mahindra Trustee Co Ltd A/C - Various SchemesMutual fund1.50%
Nippon Life India Trustee Ltd - Various SchemesMutual fund1.20%
Icici Prudential - Various SchemesMutual fund1.04%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 14.83% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Results announced
22 Oct 2026
Ex-dividend date
8 Jul 2026
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Latest news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about United Spirits Limited

What is the share price of United Spirits Limited today?
United Spirits Limited (UNITDSPR) last traded at ₹1,380.00 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of United Spirits Limited?
About ₹97,988 crore at the latest price.
What is the P/E ratio of United Spirits Limited?
About 58.1 times its earnings over the last 12 months.
Is United Spirits Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy United Spirits Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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