| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | Volumes up 13% led by premiumization and strong summer demand. |
|---|---|
| Margins | Gross margin down to 41%; structural recovery program mitigating inflation impacts. |
| Demand visibility | Strong; beer category accelerating due to favorable regulatory reforms in Karnataka. |
| Management confidence | Balanced; 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.
Earnings Call Transcript filed with BSE, NSE: UBL. Summary written with AI assistance from the document.
United Breweries Ltd: key numbers
- Share price
- ₹1,221.00
- Market cap
- ₹32,284 Cr
- Revenue (annual)
- ₹9,240 Cr
- Net profit (annual)
- ₹413.2 Cr
- P/E (TTM)
- 66.6×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.