United Breweries, 532478, UBL Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

44,746.61
122.14
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

45,089.72
0.59%
10.30

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

6.31
16.01
5.93

EBITDA CAGR (%)

10 Years
5 Years
3 Years

1.95
17.15
6.41

PAT CAGR (%)

10 Years
5 Years
3 Years

4.00
31.29
13.26

P:E (Median)

8 Years
5 Years
3 Years

118.06
125.59
122.81

P:BV (Average)

8 Years
5 Years
3 Years

10.91
11.02
11.38

EV:EBITDA (Average)

8 Years
5 Years
3 Years

54.29
63.97
61.20

Earnings Forecasts:

(Updated: 29-11-2025)

Description 2024 2025 2026 2027
Adj EPS 16.71 18.26 25.8 35
P/E Ratio 101.33 92.73 65.63 48.38
Revenue 8915.09 9743.97 11009.9 12289.7
EBITDA 840.81 914.28 1301.97 1622.99
Net Income 441.69 503.42 740.05 967.05
ROA 5.78 6.32 8.93 11.15
P/B Ratio 10.26 9.80 9.08 8.17
ROE 10.34 10.82 15.54 18.31
FCFF -11.99 509 -38.68 883.05
FCFF Yield -0.03 1.14 -0.09 1.97
Net Debt -237.2 261.37 574.6 -273
BVPS 165.05 172.87 186.45 207.33

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 3,735.56 4,741.52 -21.22% 5,378.88 5,809.10 -7.41% 4,425.53 4,786.83 -7.55% 4,424.65 4,153.18 6.54%
Expenses 3,605.42 4,514.68 -20.14% 5,068.36 5,524.36 -8.25% 4,239.30 4,644.85 -8.73% 4,283.51 4,007.61 6.88%
EBITDA 130.14 226.84 -42.63% 310.52 284.74 9.05% 186.23 141.98 31.17% 141.14 145.57 -3.04%
EBIDTM 3.48% 4.78% 5.77% 4.90% 4.21% 2.97% 3.19% 3.50%
Other Income 15.01 10.52 42.68% 10.95 7.25 51.03% 7.85 26.32 -70.17% 10.08 24.06 -58.10%
Interest 14.65 2.19 568.95% 11.17 1.59 602.52% 5.87 1.75 235.43% 3.20 2.05 56.10%
Depreciation 63.98 57.08 12.09% 62.84 57.66 8.98% 56.66 57.71 -1.82% 61.29 51.77 18.39%
PBT 66.52 178.09 -62.65% 247.46 232.74 6.32% 131.55 108.84 20.87% 60.97 115.81 -47.35%
Tax 19.57 45.84 -57.31% 63.75 59.46 7.21% 34.17 28.00 22.04% 22.71 30.96 -26.65%
PAT 46.95 132.25 -64.50% 183.71 173.28 6.02% 97.38 80.84 20.46% 38.26 84.85 -54.91%
PATM 1.26% 2.79% 3.42% 2.98% 2.20% 1.69% 0.86% 2.04%
EPS 1.78 5.00 -64.40% 6.95 6.55 6.11% 3.68 3.06 20.26% 1.45 3.21 -54.83%

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 3,737.31 4,743.56 -21.21% 5,380.78 5,811.28 -7.41% 4,427.15 4,788.68 -7.55% 4,426.55 4,154.98 6.54%
Expenses 3,607.63 4,516.34 -20.12% 5,069.87 5,525.88 -8.25% 4,240.44 4,645.87 -8.73% 4,285.07 4,008.98 6.89%
EBITDA 129.68 227.22 -42.93% 310.91 285.40 8.94% 186.71 142.81 30.74% 141.48 146.00 -3.10%
EBIDTM 3.47% 4.79% 5.78% 4.91% 4.22% 2.98% 3.20% 3.51%
Other Income 14.86 10.40 42.88% 11.07 7.35 50.61% 8.01 26.46 -69.73% 10.14 24.77 -59.06%
Interest 14.65 2.19 568.95% 11.17 1.59 602.52% 5.88 1.75 236.00% 3.20 2.05 56.10%
Depreciation 64.09 57.15 12.14% 62.93 57.72 9.03% 56.77 57.76 -1.71% 61.34 51.84 18.33%
PBT 65.80 178.28 -63.09% 247.88 233.44 6.19% 132.07 109.76 20.33% 61.32 116.88 -47.54%
Tax 19.46 45.95 -57.65% 63.85 59.64 7.06% 34.31 28.21 21.62% 22.80 31.08 -26.64%
PAT 46.34 132.33 -64.98% 184.03 173.80 5.89% 97.76 81.55 19.88% 38.52 85.80 -55.10%
PATM 1.24% 2.79% 3.42% 2.99% 2.21% 1.70% 0.87% 2.06%
EPS 1.76 5.00 -64.80% 6.95 6.56 5.95% 3.69 3.07 20.20% 1.45 3.23 -55.11%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 17,964.62 8,907.35 8,115.39 7,491.71 5,831.93 4,240.73 6,504.55 6,472.43 5,628.73 4,734.12 4,838.81 Net Sales Growth -7.83% 9.76% 8.32% 28.46% 37.52% -34.80% 0.50% 14.99% 18.90% -2.16% Cost Of Goods Sold 5,298.68 1,814.34 1,683.41 1,634.94 1,138.46 745.99 1,287.57 1,165.16 1,110.97 839.79 778.14 Gross Profit 12,665.94 7,093.01 6,431.98 5,856.77 4,693.47 3,494.74 5,216.98 5,307.27 4,517.76 3,894.33 4,060.67 GP Margin 70.50% 79.63% 79.26% 78.18% 80.48% 82.41% 80.21% 82.00% 80.26% 82.26% 83.92% Total Expenditure 17,196.59 8,068.40 7,420.47 6,877.45 5,137.01 3,861.23 5,630.15 5,334.67 4,727.63 4,092.95 4,146.96 Power & Fuel Cost - 211.25 219.04 219.34 142.02 114.51 172.95 183.55 147.85 136.05 157.10 % Of Sales - 2.37% 2.70% 2.93% 2.44% 2.70% 2.66% 2.84% 2.63% 2.87% 3.25% Employee Cost - 713.12 642.78 591.44 519.36 482.29 499.77 443.86 394.63 352.09 334.29 % Of Sales - 8.01% 7.92% 7.89% 8.91% 11.37% 7.68% 6.86% 7.01% 7.44% 6.91% Manufacturing Exp. - 3,575.87 3,265.67 2,894.82 1,973.77 1,411.04 2,076.68 2,053.54 1,704.73 1,486.09 1,521.89 % Of Sales - 40.15% 40.24% 38.64% 33.84% 33.27% 31.93% 31.73% 30.29% 31.39% 31.45% General & Admin Exp. - 573.85 530.70 468.60 438.19 331.39 379.44 345.30 326.54 162.03 133.21 % Of Sales - 6.44% 6.54% 6.25% 7.51% 7.81% 5.83% 5.33% 5.80% 3.42% 2.75% Selling & Distn. Exp. - 907.46 844.91 884.45 743.42 606.44 984.11 969.36 819.63 926.38 944.40 % Of Sales - 10.19% 10.41% 11.81% 12.75% 14.30% 15.13% 14.98% 14.56% 19.57% 19.52% Miscellaneous Exp. - 272.51 233.96 183.86 181.79 169.57 229.63 173.90 223.28 190.52 944.40 % Of Sales - 3.06% 2.88% 2.45% 3.12% 4.00% 3.53% 2.69% 3.97% 4.02% 5.74% EBITDA 768.03 838.95 694.92 614.26 694.92 379.50 874.40 1,137.76 901.10 641.17 691.85 EBITDA Margin 4.28% 9.42% 8.56% 8.20% 11.92% 8.95% 13.44% 17.58% 16.01% 13.54% 14.30% Other Income 43.89 35.70 72.93 49.27 29.66 50.20 9.11 31.70 12.98 51.60 86.16 Interest 34.89 12.85 6.89 4.64 14.78 22.67 31.12 31.20 47.65 58.65 81.07 Depreciation 244.77 232.69 211.64 210.32 216.91 231.85 284.97 259.78 259.60 286.95 243.51 PBT 506.50 629.11 549.32 448.57 492.89 175.18 567.42 878.48 606.83 347.17 453.43 Tax 140.20 162.18 139.93 111.99 127.88 55.11 140.19 315.70 212.84 117.84 155.56 Tax Rate 27.68% 26.88% 25.47% 26.96% 25.94% 32.81% 24.71% 35.94% 35.07% 33.94% 34.31% PAT 366.30 441.17 409.39 303.46 365.01 112.85 427.23 562.78 393.99 229.33 297.87 PAT before Minority Interest 366.30 441.17 409.39 303.46 365.01 112.85 427.23 562.78 393.99 229.33 297.87 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 2.04% 4.95% 5.04% 4.05% 6.26% 2.66% 6.57% 8.70% 7.00% 4.84% 6.16% PAT Growth -22.27% 7.76% 34.91% -16.86% 223.45% -73.59% -24.09% 42.84% 71.80% -23.01% EPS 13.85 16.69 15.48 11.48 13.81 4.27 16.16 21.29 14.90 8.67 11.27

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 17,971.79 8,915.09 8,122.68 7,499.92 5,838.44 4,243.09 6,509.24 6,475.43 5,619.02 4,729.19 4,833.14 Net Sales Growth -7.83% 9.76% 8.30% 28.46% 37.60% -34.81% 0.52% 15.24% 18.82% -2.15% Cost Of Goods Sold 5,290.77 1,806.03 1,674.55 1,626.02 1,131.93 739.04 1,278.42 1,155.38 1,089.57 823.52 760.23 Gross Profit 12,681.02 7,109.06 6,448.13 5,873.90 4,706.51 3,504.05 5,230.82 5,320.05 4,529.45 3,905.67 4,072.91 GP Margin 70.56% 79.74% 79.38% 78.32% 80.61% 82.58% 80.36% 82.16% 80.61% 82.59% 84.27% Total Expenditure 17,203.01 8,074.28 7,426.49 6,883.69 5,141.82 3,862.03 5,633.40 5,337.07 4,717.03 4,087.33 4,140.19 Power & Fuel Cost - 217.36 227.12 227.76 147.79 117.74 178.92 189.75 153.02 140.76 162.89 % Of Sales - 2.44% 2.80% 3.04% 2.53% 2.77% 2.75% 2.93% 2.72% 2.98% 3.37% Employee Cost - 718.46 647.35 595.51 523.12 485.49 504.12 448.43 399.22 356.28 338.60 % Of Sales - 8.06% 7.97% 7.94% 8.96% 11.44% 7.74% 6.93% 7.10% 7.53% 7.01% Manufacturing Exp. - 3,577.95 3,267.48 2,896.88 1,975.14 1,411.83 2,078.29 2,054.38 1,705.26 1,487.07 1,522.61 % Of Sales - 40.13% 40.23% 38.63% 33.83% 33.27% 31.93% 31.73% 30.35% 31.44% 31.50% General & Admin Exp. - 574.10 530.91 468.82 438.37 331.58 379.59 345.43 326.68 162.20 133.32 % Of Sales - 6.44% 6.54% 6.25% 7.51% 7.81% 5.83% 5.33% 5.81% 3.43% 2.76% Selling & Distn. Exp. - 907.46 844.91 884.45 743.42 606.44 984.11 969.36 819.63 926.38 944.45 % Of Sales - 10.18% 10.40% 11.79% 12.73% 14.29% 15.12% 14.97% 14.59% 19.59% 19.54% Miscellaneous Exp. - 272.92 234.17 184.25 182.05 169.91 229.95 174.34 223.65 191.12 944.45 % Of Sales - 3.06% 2.88% 2.46% 3.12% 4.00% 3.53% 2.69% 3.98% 4.04% 5.75% EBITDA 768.78 840.81 696.19 616.23 696.62 381.06 875.84 1,138.36 901.99 641.86 692.95 EBITDA Margin 4.28% 9.43% 8.57% 8.22% 11.93% 8.98% 13.46% 17.58% 16.05% 13.57% 14.34% Other Income 44.08 35.90 73.74 49.43 29.79 50.25 9.30 32.01 13.13 51.97 86.40 Interest 34.90 12.86 6.89 4.64 14.78 22.67 31.12 31.20 47.65 58.65 81.07 Depreciation 245.13 232.98 211.90 210.59 217.19 232.01 285.10 259.86 259.65 287.05 243.63 PBT 507.07 630.87 551.14 450.43 494.44 176.63 568.92 879.31 607.82 348.13 454.65 Tax 140.42 162.70 140.28 112.63 128.36 55.58 140.63 316.00 213.19 118.21 155.98 Tax Rate 27.69% 26.89% 25.45% 26.99% 25.96% 32.81% 24.72% 35.94% 35.07% 33.96% 34.31% PAT 366.65 441.69 410.03 303.98 365.46 113.22 427.73 562.94 394.20 229.57 298.30 PAT before Minority Interest 366.36 442.41 410.86 304.68 366.08 113.83 428.29 563.31 394.63 229.92 298.67 Minority Interest -0.29 -0.72 -0.83 -0.70 -0.62 -0.61 -0.56 -0.37 -0.43 -0.35 -0.37 PAT Margin 2.04% 4.95% 5.05% 4.05% 6.26% 2.67% 6.57% 8.69% 7.02% 4.85% 6.17% PAT Growth -22.56% 7.72% 34.89% -16.82% 222.79% -73.53% -24.02% 42.81% 71.71% -23.04% EPS 13.87 16.71 15.51 11.50 13.82 4.28 16.18 21.29 14.91 8.68 11.28

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 4,359.15 4,174.07 3,961.26 3,932.01 3,579.62 3,517.97 3,181.89 2,688.45 2,332.52 2,145.62 Share Capital 26.44 26.44 26.44 26.44 26.44 26.44 26.44 26.44 26.44 26.44 Total Reserves 4,326.78 4,147.63 3,934.82 3,905.57 3,553.18 3,491.53 3,155.45 2,662.01 2,306.08 2,119.18 Non-Current Liabilities 180.24 136.22 108.07 128.60 160.34 184.58 98.08 233.28 238.80 329.92 Secured Loans 0.00 0.00 0.00 0.00 107.50 0.37 75.43 205.00 184.03 257.95 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 8.53 0.00 0.00 0.00 0.00 Long Term Provisions 190.82 157.58 123.84 136.00 68.93 192.08 1.63 0.93 0.00 8.49 Current Liabilities 3,782.35 2,828.54 2,276.61 1,973.26 2,136.98 1,989.00 2,098.63 1,797.32 1,902.65 1,886.22 Trade Payables 1,149.23 948.18 716.39 637.69 629.04 544.63 589.94 522.72 459.88 418.14 Other Current Liabilities 1,962.70 1,707.43 1,458.23 1,233.43 1,416.77 1,194.44 1,421.76 1,141.19 1,151.90 1,176.13 Short Term Borrowings 574.85 77.41 0.00 0.00 0.17 160.15 6.00 52.78 211.90 212.88 Short Term Provisions 95.57 95.52 101.99 102.14 91.00 89.78 80.93 80.63 78.97 79.07 Total Liabilities 8,321.74 7,138.83 6,345.94 6,033.87 5,876.94 5,691.55 5,378.60 4,719.05 4,473.97 4,361.76 Net Block 1,740.26 1,767.68 1,843.12 1,904.76 1,942.04 1,900.75 1,752.19 1,705.05 1,725.55 1,797.36 Gross Block 5,406.64 5,206.88 5,090.73 4,924.37 4,762.17 4,499.48 4,072.24 3,865.21 3,649.02 3,440.36 Accumulated Depreciation 3,666.38 3,439.20 3,247.61 3,019.61 2,820.13 2,598.73 2,320.05 2,160.16 1,923.47 1,643.00 Non Current Assets 2,871.87 2,732.32 2,661.96 2,658.48 2,555.55 2,736.53 2,378.86 2,082.93 2,112.42 2,184.67 Capital Work in Progress 250.97 172.57 77.08 109.89 127.99 199.12 189.92 72.27 137.18 60.84 Non Current Investment 15.50 15.62 15.70 16.00 13.71 25.68 25.68 25.57 25.50 25.47 Long Term Loans & Adv. 785.67 724.33 709.65 601.04 435.32 560.06 377.31 269.99 203.92 295.55 Other Non Current Assets 79.47 52.12 16.41 26.79 36.49 50.92 33.76 10.05 20.27 5.45 Current Assets 5,445.01 4,401.65 3,679.12 3,370.51 3,321.39 2,955.02 2,999.74 2,636.12 2,361.55 2,177.09 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 1,614.93 1,366.45 1,425.97 934.41 1,135.29 1,092.29 1,030.80 806.44 750.14 687.35 Sundry Debtors 2,860.11 2,313.29 1,407.07 1,254.50 1,394.82 1,349.77 1,510.02 1,498.35 1,295.35 1,118.81 Cash & Bank 441.94 208.19 394.95 907.74 468.05 73.31 45.12 20.16 21.55 11.47 Other Current Assets 528.03 92.13 76.83 80.90 323.23 439.65 413.80 311.17 294.51 359.46 Short Term Loans & Adv. 416.85 421.59 374.30 192.96 239.02 339.61 341.68 246.48 192.83 301.42 Net Current Assets 1,662.66 1,573.11 1,402.51 1,397.25 1,184.41 966.02 901.11 838.80 458.90 290.87 Total Assets 8,316.88 7,133.97 6,341.08 6,028.99 5,876.94 5,691.55 5,378.60 4,719.05 4,473.97 4,361.76

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 4,363.92 4,178.34 3,964.89 3,935.12 3,582.28 3,520.26 3,183.77 2,690.26 2,334.21 2,147.12 Share Capital 26.44 26.44 26.44 26.44 26.44 26.44 26.44 26.44 26.44 26.44 Total Reserves 4,331.55 4,151.90 3,938.45 3,908.68 3,555.84 3,493.82 3,157.33 2,663.82 2,307.77 2,120.68 Non-Current Liabilities 180.71 136.54 108.77 129.03 160.75 184.99 98.05 233.22 238.71 329.83 Secured Loans 0.00 0.00 0.00 0.00 107.50 0.37 75.43 205.00 184.03 257.95 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 8.53 0.00 0.00 0.00 0.00 Long Term Provisions 191.36 157.96 124.59 136.44 69.39 192.55 1.63 0.93 0.00 8.49 Current Liabilities 3,783.01 2,829.13 2,277.46 1,974.61 2,138.20 1,990.44 2,099.55 1,797.00 1,903.00 1,886.41 Trade Payables 1,149.55 948.45 716.98 638.00 629.47 545.04 590.22 521.72 459.55 417.59 Other Current Liabilities 1,962.91 1,707.63 1,458.41 1,234.39 1,417.48 1,195.39 1,422.36 1,141.83 1,152.53 1,176.83 Short Term Borrowings 574.85 77.41 0.00 0.00 0.17 160.15 6.00 52.78 211.90 212.88 Short Term Provisions 95.70 95.64 102.07 102.22 91.08 89.86 80.97 80.67 79.02 79.11 Total Liabilities 8,333.36 7,149.23 6,355.73 6,042.90 5,884.98 5,699.03 5,384.41 4,723.42 4,478.70 4,365.89 Net Block 1,748.94 1,775.58 1,851.03 1,912.91 1,949.46 1,926.08 1,777.14 1,729.81 1,750.36 1,822.25 Gross Block 5,459.71 5,258.88 5,142.51 4,939.41 4,776.20 4,531.26 4,104.52 3,897.22 3,681.03 3,472.36 Accumulated Depreciation 3,673.42 3,445.95 3,254.13 3,026.50 2,826.74 2,605.18 2,327.38 2,167.41 1,930.67 1,650.11 Non Current Assets 2,880.44 2,733.76 2,669.28 2,663.77 2,561.42 2,737.58 2,383.04 2,082.90 2,113.36 2,185.24 Capital Work in Progress 253.37 172.68 77.13 109.89 128.79 199.12 189.92 72.27 137.18 60.84 Non Current Investment 7.85 7.97 8.05 8.35 6.06 0.27 0.27 0.16 0.09 0.06 Long Term Loans & Adv. 787.82 725.41 711.06 602.15 436.43 561.19 378.22 270.61 205.46 296.64 Other Non Current Assets 82.46 52.12 22.01 30.47 40.68 50.92 37.49 10.05 20.27 5.45 Current Assets 5,448.06 4,410.54 3,681.59 3,374.25 3,323.56 2,961.45 3,001.37 2,640.52 2,365.34 2,180.65 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 1,616.43 1,368.74 1,427.81 935.81 1,136.68 1,093.93 1,032.46 808.00 750.84 688.05 Sundry Debtors 2,860.63 2,313.84 1,407.32 1,254.86 1,394.99 1,350.38 1,510.99 1,498.57 1,295.40 1,118.86 Cash & Bank 442.88 214.20 395.29 909.68 469.28 78.59 46.17 24.24 24.29 14.03 Other Current Assets 528.12 92.16 76.86 80.92 322.61 438.55 411.75 309.71 294.81 359.71 Short Term Loans & Adv. 416.91 421.60 374.31 192.98 238.37 338.49 339.56 244.98 193.08 301.56 Net Current Assets 1,665.05 1,581.41 1,404.13 1,399.64 1,185.36 971.01 901.82 843.52 462.34 294.24 Total Assets 8,328.50 7,144.30 6,350.87 6,038.02 5,884.98 5,699.03 5,384.41 4,723.42 4,478.70 4,365.89

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 233.50 76.83 -120.65 899.07 619.17 506.62 644.38 562.01 543.88 539.05 PBT 603.35 549.32 415.45 492.89 167.96 567.42 878.48 606.83 347.17 453.43 Adjustment 243.73 182.09 218.56 235.61 235.45 348.79 263.78 335.50 337.28 321.94 Changes in Working Capital -422.25 -516.18 -615.60 300.15 297.60 -219.57 -108.89 -127.24 2.49 -76.16 Cash after chg. in Working capital 424.83 215.23 18.41 1,028.65 701.01 696.64 1,033.37 815.09 686.94 699.21 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -191.33 -138.40 -139.06 -129.58 -81.84 -190.02 -388.99 -253.08 -143.06 -160.16 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -238.49 -147.71 -120.45 -159.66 -150.59 -401.73 -429.70 -195.92 -233.53 -245.25 Net Fixed Assets -278.16 -211.64 -133.55 -144.10 -191.56 -436.44 -324.68 -151.28 -285.00 -193.43 Net Investments 0.12 0.08 0.30 -2.29 11.97 0.00 -0.11 -0.07 -0.03 0.00 Others 39.55 63.85 12.80 -13.27 29.00 34.71 -104.91 -44.57 51.50 -51.82 Cash from Financing Activity 217.36 -130.01 -291.76 -286.43 -88.17 -94.88 -198.01 -363.44 -301.09 -296.67 Net Cash Inflow / Outflow 212.37 -200.89 -532.86 452.98 380.41 10.01 16.67 2.65 9.26 -2.87 Opening Cash & Equivalents 128.63 329.52 862.38 409.40 28.99 18.98 2.31 12.55 3.29 6.16 Closing Cash & Equivalent 341.00 128.63 329.52 862.38 409.40 28.99 18.98 15.20 12.55 3.29

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 235.05 69.50 -119.57 899.62 620.28 507.79 643.04 563.30 544.05 539.21 PBT 605.11 551.14 417.31 494.44 169.41 568.92 879.31 607.82 348.13 454.65 Adjustment 243.91 181.57 218.88 235.86 235.56 348.77 263.60 335.41 337.28 321.83 Changes in Working Capital -422.05 -524.45 -616.02 299.39 297.59 -219.63 -110.05 -126.54 2.16 -77.73 Cash after chg. in Working capital 426.97 208.26 20.17 1,029.69 702.56 698.06 1,032.86 816.69 687.57 698.75 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -191.92 -138.76 -139.74 -130.07 -82.28 -190.27 -389.82 -253.39 -143.52 -159.54 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -239.42 -147.81 -120.83 -160.07 -151.55 -402.44 -430.38 -197.04 -233.63 -245.24 Net Fixed Assets -278.16 -211.64 -133.55 -144.10 -191.56 -436.44 -324.68 -151.28 -285.00 -193.43 Net Investments 0.12 0.08 0.30 -2.29 11.97 0.00 -0.11 -0.07 -0.03 0.00 Others 38.62 63.75 12.42 -13.68 28.04 34.00 -105.59 -45.69 51.40 -51.81 Cash from Financing Activity 217.14 -122.40 -292.34 -286.65 -88.39 -95.19 -195.92 -363.53 -301.16 -296.83 Net Cash Inflow / Outflow 212.77 -200.71 -532.74 452.90 380.34 10.16 16.74 2.73 9.26 -2.86 Opening Cash & Equivalents 129.15 329.86 862.60 409.70 29.36 19.20 2.46 12.62 3.36 6.22 Closing Cash & Equivalent 341.92 129.15 329.86 862.60 409.70 29.36 19.20 15.35 12.62 3.36

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 164.65 157.87 149.82 148.71 135.39 133.05 120.34 101.68 88.22 81.15 ROA 5.71% 6.07% 4.90% 6.13% 1.95% 7.72% 11.15% 8.57% 5.19% 7.23% ROE 10.35% 10.06% 7.69% 9.72% 3.18% 12.75% 19.17% 15.69% 10.24% 14.91% ROCE 13.42% 13.55% 10.64% 13.08% 5.02% 16.71% 28.45% 22.08% 13.81% 18.96% Fixed Asset Turnover 3.66 3.57 3.32 2.71 2.20 3.42 3.56 3.31 2.89 2.90 Receivable days 48.67 36.96 29.19 36.86 49.19 35.63 38.84 40.99 43.08 39.44 Inventory Days 28.05 27.74 25.88 28.80 39.92 26.45 23.72 22.84 25.65 23.58 Payable days 210.97 180.46 151.15 203.06 287.13 39.01 39.56 41.03 39.69 34.73 Cash Conversion Cycle -134.26 -115.76 -96.08 -137.41 -198.02 23.08 23.00 22.80 29.04 28.29 Total Debt/Equity 0.13 0.02 0.00 0.00 0.07 0.07 0.07 0.12 0.25 0.38 Interest Cover 47.95 80.73 90.54 34.35 8.41 19.23 29.16 13.74 6.92 6.59

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 164.83 158.03 149.96 148.83 135.49 133.14 120.41 101.75 88.28 81.21 ROA 5.71% 6.08% 4.91% 6.14% 1.97% 7.73% 11.15% 8.58% 5.20% 7.24% ROE 10.37% 10.09% 7.71% 9.74% 3.21% 12.78% 19.18% 15.71% 10.26% 14.94% ROCE 13.44% 13.58% 10.68% 13.11% 5.05% 16.74% 28.46% 22.10% 13.83% 19.00% Fixed Asset Turnover 3.62 3.53 3.30 2.70 2.19 3.39 3.53 3.28 2.86 2.87 Receivable days 48.66 36.95 29.18 36.85 49.19 35.64 38.84 41.02 43.07 39.43 Inventory Days 28.07 27.77 25.91 28.82 39.97 26.49 23.75 22.89 25.67 23.61 Payable days 212.00 181.51 152.08 204.35 290.04 39.02 39.52 41.07 39.71 34.77 Cash Conversion Cycle -135.28 -116.79 -97.00 -138.68 -200.88 23.11 23.08 22.83 29.03 28.27 Total Debt/Equity 0.13 0.02 0.00 0.00 0.07 0.07 0.07 0.12 0.25 0.38 Interest Cover 48.05 80.99 90.94 34.45 8.47 19.28 29.18 13.76 6.94 6.61

Top Investors:

sbi equity hybrid fund

icici prudential bluechip fund

nippon life india trustee ltd-a/c nippon india growth fund

derive trading and resorts private limited

aditya birla sun life trustee private limited a/c aditya birla sun life mnc fund

recovery officer drt 1 chennai

investor education and protection fund (iepf)

llp

Annual Reports:

News Update:

United Breweries launches Heineken Silver in New Delhi
26th Nov 2025, 12:00 PM

Heineken Silver is now available in New Delhi and priced at Rs 155 for a 330ml bottle, Rs 180 for a 500ml can, and Rs 305 for a 650ml bottle
Read More
United Breweries completes lease registration for greenfield brewery in Uttar Pradesh
22nd Nov 2025, 16:59 PM

The proposed facility will produce both mainstream and premium brands, including Heineken, with capabilities for cans and bottles
Read More
United Breweries launches London Pilsner Strong Beer in Odisha
9th Sep 2025, 12:21 PM

London Pilsner will be available across leading outlets in Odisha, marking it as the fourth market after Maharashtra, Karnataka, and Madhya Pradesh
Read More

United Breweries Ltd.

Breweries & Distilleries

BSE: 532478 | NSE: UBL

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

United Breweries Ltd.

Breweries & Distilleries

BSE: 532478 | NSE: UBL

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: