United Breweries Earnings Call Transcript: Key Takeaways
UBL delivered strong revenue and EBITDA growth, driven by volume acceleration and premiumization, though results were flattered by an income tax refund.
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UBL delivered strong revenue and EBITDA growth, driven by volume acceleration and premiumization, though results were flattered by an income tax refund.
United Breweries Ltd reported revenue from operations of ₹4,623 Cr (+23.7% YoY) and net profit of ₹134.8 Cr (+191.1% YoY) for Q2 FY27.
United Breweries Ltd has submitted its quarterly shareholding pattern for the quarter ended September 30, 2026, as required by SEBI regulations.
United Breweries has launched 'Heineken Silver' beer in the state of Assam. This expansion makes the premium brand available to consumers in the region.
United Breweries Limited received income tax refunds totaling ₹100.83 Crore for Assessment Years 2013-14 and 2020-21. These refunds, including interest, positively impact working capital.
United Breweries Limited will hold a board meeting on October 27, 2026, to consider and approve unaudited financial results for the quarter ended September 30, 2026.
United Breweries Limited reported a pending tax dispute with the Income Tax Department regarding a penalty assessment. The company expects no material financial impact.
United Breweries Limited received income tax penalty orders totaling ₹54.83 Crore for various assessment years. The company plans to contest these demands through legal remedies.
UBL received a favorable High Court order dismissing a ₹21.92 crore service tax demand, reducing the company's contingent tax liability to nil.
United Breweries Limited announced the commissioning of a new canning line at its Ellora Brewery in Maharashtra. The project involves a capital investment of ₹110 Crore.
United Breweries has launched its Heineken® Silver beer in the states of Kerala, Odisha, and Madhya Pradesh. This expansion builds on the brand's existing market momentum.
United Breweries Limited held its 27th Annual General Meeting on August 12, 2026. Shareholders approved all agenda items, including financial statements, dividend declaration, and increased borrowing limits.
UBL reports 13% volume growth driven by premiumization and regulatory tailwinds, despite severe raw material inflation from Middle East conflict affecting supply chains.
United Breweries reported Q1 FY27 net sales growth of 7% and EBITDA growth of 4%, despite Middle East war impacts. Premium volumes turned margin accretive for the first time.
United Breweries Ltd reported revenue from operations of ₹5,919 Cr (+10.0% YoY) and net profit of ₹166.3 Cr (-9.6% YoY) for Q1 FY27.
United Breweries Limited has submitted its Business Responsibility and Sustainability Report for FY 2025-2026 as per SEBI regulations, providing details on its ESG initiatives.
United Breweries submitted its Integrated Annual Report for FY 2025-26 and the notice for its 27th Annual General Meeting scheduled for August 12, 2026.
United Breweries commissioned a new ₹90 crore canning line at its Telangana brewery. The facility adds 0.4 million hectolitres of annual capacity for premium products.
United Breweries Ltd will hold its Board meeting on 4 Aug 2026 to approve Q1 results. Insider trading window is closed from 1 Jul to 6 Aug 2026.
United Breweries received a Rs.116.25 Crore penalty demand from Punjab's Market Committee Patiala regarding barley fees. The company intends to challenge this assessment legally.
United Breweries received a Rs.11.63 Cr demand notice for market fees and penalties. The company plans to challenge the order, citing it as arbitrary and legally incorrect.
United Breweries Limited launched Heineken® Silver in Haryana on May 19, 2026. This expansion targets the premium mild beer segment to drive regional growth.
United Breweries will close its Ludhiana brewery by June 2026. The company secured a long-term contract brewing lease to maintain supply and operational efficiency.
United Breweries Limited received a favourable tribunal order eliminating a ₹275 Crore tax demand for FY 2018-19. The demand was reduced to nil, improving financial outlook.
United Breweries reported Q4 FY26 volume growth of 4% despite a double-digit category rebound, focusing on premiumization (16% growth) and managing cost pressures from geopolitical tensions.
United Breweries Limited launched 'Amstel Grande Packaged Drinking Water' in Uttar Pradesh on May 07, 2026. Available in 200ml and 500ml formats, the product expands UBL's non-alcoholic portfolio. The company plans a phased rollout across other Indian states leveraging its existing distribution network.
United Breweries Limited reported an inadvertent disclosure of draft annual financial results to an outside individual by an employee on May 5, 2026. The information was officially disclosed to exchanges within hours, requiring no further regulatory action. The company is initiating steps to ensure compliance with applicable laws.
United Breweries delivered volume growth but faces a significant ₹400-500cr inflationary headwind from the Middle East conflict, impacting margins despite a recovery in category growth.
United Breweries Q4FY26 shows revenue decline but improved gross margins. Focus remains on premiumization and category growth despite geopolitical headwinds.
United Breweries Limited has re-appointed M/s. B S R & Co. LLP as its Statutory Auditor for a second term of five years (60 months), effective August 12, 2026. The decision was made during the Board Meeting held on May 05, 2026.