| Revenue growth | 7.6% Total NSV; 11.3% P&A NSV growth (excl. AP & MH). |
|---|---|
| Margins | Focused on profitable growth; premium segments (Mid-Prestige+) grew ~17.1%. |
| Demand visibility | Strong; 100mn legal drinking age consumers joining in 5 years. |
| Management confidence | High; leveraging 'India moment' and macro tailwinds like 7% GDP growth. |
Growth
Reported NSV grew 7.6% to ₹12,448 Cr; P&A NSV grew 8.6%. Excluding AP & MH, NSV grew 10.9%.
Risks
Policy headwinds in Maharashtra and West Asia geo-political situation noted as key risks/restraints.
Earnings Call filed with NSE, NSE: UNITDSPR. Summary written with AI assistance from the document.
United Spirits Ltd: key numbers
- Share price
- ₹1,418.50
- Market cap
- ₹1,03,175 Cr
- Revenue (annual)
- ₹12,467 Cr
- Net profit (annual)
- ₹1,838 Cr
- P/E (TTM)
- 55.8×Sector 29.0×
- Promoter holding
- 56.67%+0.00% QoQ
- FII holding
- 12.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from United Spirits Ltd
All →United Spirits Legal & Regulatory
United Spirits disclosed that DRI issued seizure memos under the Customs Act for goods worth about Rs 6.45 Crore. The company says there is no material impact and is seeking provisional release.
- Value
- ₹6.45 Cr
United Spirits ED Probe / Tax Survey
United Spirits' DRI seized goods worth about Rs.6.45 Crore under the Customs Act. The company says there is no material impact on operations.
- Value
- ₹6.45 Cr
United Spirits ED Probe / Tax Survey
United Spirits faced a Maharashtra GST and VAT search, concluded on 29 October 2026. The company reports no impact so far and is fully cooperating.
United Spirits Legal & Regulatory
United Spirits faced a Maharashtra GST and VAT search from October 19 to 29, 2026. Company reports no financial or operational impact and is cooperating fully.
United Spirits Earnings Call Transcript: Key Takeaways
United Spirits delivered resilient 6.3% P&A revenue growth despite significant regulatory headwinds from FSSAI and policy changes. Management remains aggressively optimistic, front-loading marketing spend ahead of the festive season.
- Call
- Guides 10% growth
United Spirits Board Meeting Outcome
United Spirits' board approved amendments to its insider trading code on 28 October 2026, effective 29 October 2026. The revised code is available on the company website.