ALFA Finder| Revenue growth | Double-digit growth guided for FY27. |
|---|---|
| Margins | Gross margin up 330 bps; EBIT pressured by brand investment. |
| Demand visibility | Strong underlying demand; category grew 10% in Q4. |
| Management confidence | High confidence in structural growth and long-term beer category potential. |
Growth
Primary volumes grew 4%, while sell-through was 8-9%. Premium segment up 16%. Gross margin expanded 330 bps.
Outlook
FY27 volume guidance of 6-7% with double-digit revenue growth. New brewery in UP and can lines planned.
Risks
Geopolitical impact in Middle East creating ₹400-500cr cost headwind; high aluminum and energy prices.
Earnings Call filed with BSE, NSE: UBL. Summary written with AI assistance from the document.
United Breweries Ltd: key numbers
- Share price
- ₹1,225.20
- Market cap
- ₹32,395 Cr
- Revenue (annual)
- ₹9,240 Cr
- Net profit (annual)
- ₹413.2 Cr
- P/E (TTM)
- 66.9×Sector 29.0×
- Promoter holding
- 70.83%+0.00% QoQ
- FII holding
- 5.36%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from United Breweries Ltd
All →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.
United Breweries Q2 FY27 Results: Net Profit ₹134.8 Cr, Up 191.1% YoY
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.
- Key figure
- Net profit ₹134.8 Cr · +191.1% YoY
United Breweries Other Announcement
United Breweries Ltd has submitted its quarterly shareholding pattern for the quarter ended September 30, 2026, as required by SEBI regulations.
United Breweries Product Launch
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 Legal & Regulatory
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.
- Value
- ₹100.8 Cr
United Breweries Board Meeting Date
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.