Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

United Breweries Earnings Call Transcript: Key Takeaways

UBL reports 13% volume growth driven by premiumization and regulatory tailwinds, despite severe raw material inflation from Middle East conflict affecting supply chains.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growthVolumes up 13% led by premiumization and strong summer demand.
MarginsGross margin down to 41%; structural recovery program mitigating inflation impacts.
Demand visibilityStrong; beer category accelerating due to favorable regulatory reforms in Karnataka.
Management confidenceBalanced; optimistic on demand but cautious on persistent supply chain volatility.

Growth

Sell-out volumes grew 13%; premium segment surged 17%, led by Kingfisher Ultra and Heineken Silver.

Outlook

Management targets double-digit revenue growth for FY27 with 20% premium revenue share goal.

Risks

Gross margins compressed 155bps YoY due to elevated packaging and logistics costs; Haryana remains unviable.

Source

Earnings Call Transcript filed with BSE, NSE: UBL. Summary written with AI assistance from the document.

Read the document ↗

United Breweries Ltd: key numbers

Share price
₹1,251.30
Market cap
₹33,085 Cr
Revenue (annual)
₹9,240 Cr
Net profit (annual)
₹413.2 Cr
P/E (TTM)
83.6×Sector 29.0×
Promoter holding
70.83%+0.00% QoQ
FII holding
4.87%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from United Breweries Ltd

All →
22:13 IST BSE
Legal & Regulatory

United Breweries Legal & Regulatory

UBL received a favorable High Court order dismissing a ₹21.92 crore service tax demand, reducing the company's contingent tax liability to nil.

Value
₹21.92 Cr