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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

43,538.27
105.52
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

43,881.38
0.61%
9.75

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

116.32
123.14
122.86

P:BV (Average)

8 Years
5 Years
3 Years

10.82
11.02
11.28

EV:EBITDA (Average)

8 Years
5 Years
3 Years

54.53
61.34
61.78

Earnings Forecasts:

(Updated: 28-02-2026)

Description 2024 2025 2026 2027
Adj EPS 16.71 18.54 26.92 35.15
P/E Ratio 97.53 87.91 60.54 46.37
Revenue 8915.09 9514.74 10720.2 11992
EBITDA 840.81 926.64 1220.15 1516.18
Net Income 441.69 496.97 707.32 919.7
ROA 5.78 6.38 8.49 10.91
P/B Ratio 9.87 9.43 8.82 8.03
ROE 10.34 10.97 14.99 17.95
FCFF -11.99 666.28 44.26 654.91
FCFF Yield -0.03 1.6 0.11 1.57
Net Debt -237.2 231.78 175.7 32.12
BVPS 165.05 172.78 184.87 202.9

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 3,935.63 4,424.65 -11.05% 3,735.56 4,741.52 -21.22% 5,378.88 5,809.10 -7.41% 4,425.53 4,786.83 -7.55%
Expenses 3,710.15 4,283.51 -13.39% 3,605.42 4,514.68 -20.14% 5,068.36 5,524.36 -8.25% 4,239.30 4,644.85 -8.73%
EBITDA 225.48 141.14 59.76% 130.14 226.84 -42.63% 310.52 284.74 9.05% 186.23 141.98 31.17%
EBIDTM 5.73% 3.19% 3.48% 4.78% 5.77% 4.90% 4.21% 2.97%
Other Income 10.85 10.08 7.64% 15.01 10.52 42.68% 10.95 7.25 51.03% 7.85 26.32 -70.17%
Interest 16.86 3.20 426.88% 14.65 2.19 568.95% 11.17 1.59 602.52% 5.87 1.75 235.43%
Depreciation 68.88 61.29 12.38% 63.98 57.08 12.09% 62.84 57.66 8.98% 56.66 57.71 -1.82%
PBT 131.86 60.97 116.27% 66.52 178.09 -62.65% 247.46 232.74 6.32% 131.55 108.84 20.87%
Tax 51.03 22.71 124.70% 19.57 45.84 -57.31% 63.75 59.46 7.21% 34.17 28.00 22.04%
PAT 80.83 38.26 111.27% 46.95 132.25 -64.50% 183.71 173.28 6.02% 97.38 80.84 20.46%
PATM 2.05% 0.86% 1.26% 2.79% 3.42% 2.98% 2.20% 1.69%
EPS 3.06 1.45 111.03% 1.78 5.00 -64.40% 6.95 6.55 6.11% 3.68 3.06 20.26%

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 3,936.99 4,426.55 -11.06% 3,737.31 4,743.56 -21.21% 5,380.78 5,811.28 -7.41% 4,427.15 4,788.68 -7.55%
Expenses 3,711.24 4,285.07 -13.39% 3,607.63 4,516.34 -20.12% 5,069.87 5,525.88 -8.25% 4,240.44 4,645.87 -8.73%
EBITDA 225.75 141.48 59.56% 129.68 227.22 -42.93% 310.91 285.40 8.94% 186.71 142.81 30.74%
EBIDTM 5.73% 3.20% 3.47% 4.79% 5.78% 4.91% 4.22% 2.98%
Other Income 11.09 10.14 9.37% 14.86 10.40 42.88% 11.07 7.35 50.61% 8.01 26.46 -69.73%
Interest 16.86 3.20 426.88% 14.65 2.19 568.95% 11.17 1.59 602.52% 5.88 1.75 236.00%
Depreciation 68.96 61.34 12.42% 64.09 57.15 12.14% 62.93 57.72 9.03% 56.77 57.76 -1.71%
PBT 132.29 61.32 115.74% 65.80 178.28 -63.09% 247.88 233.44 6.19% 132.07 109.76 20.33%
Tax 51.14 22.80 124.30% 19.46 45.95 -57.65% 63.85 59.64 7.06% 34.31 28.21 21.62%
PAT 81.15 38.52 110.67% 46.34 132.33 -64.98% 184.03 173.80 5.89% 97.76 81.55 19.88%
PATM 2.06% 0.87% 1.24% 2.79% 3.42% 2.99% 2.21% 1.70%
EPS 3.06 1.45 111.03% 1.76 5.00 -64.80% 6.95 6.56 5.95% 3.69 3.07 20.20%

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 17,475.60 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 -11.57% 9.76% 8.32% 28.46% 37.52% -34.80% 0.50% 14.99% 18.90% -2.16% Cost Of Goods Sold 5,294.22 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 12,181.38 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 69.71% 79.63% 79.26% 78.18% 80.48% 82.41% 80.21% 82.00% 80.26% 82.26% 83.92% Total Expenditure 16,623.23 8,068.40 7,420.47 6,877.45 5,137.01 3,861.23 5,630.15 5,334.67 4,727.63 4,093.21 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. - 272.51 233.96 183.86 181.79 169.57 229.63 173.90 223.28 190.78 944.40 % Of Sales - 3.06% 2.88% 2.45% 3.12% 4.00% 3.53% 2.69% 3.97% 4.03% 5.74% EBITDA 852.37 838.95 694.92 614.26 694.92 379.50 874.40 1,137.76 901.10 640.91 691.85 EBITDA Margin 4.88% 9.42% 8.56% 8.20% 11.92% 8.95% 13.44% 17.58% 16.01% 13.54% 14.30% Other Income 44.66 35.70 72.93 49.27 29.66 50.20 9.11 31.70 12.98 51.86 86.16 Interest 48.55 12.85 6.89 4.64 14.78 22.67 31.12 31.20 47.65 58.65 81.07 Depreciation 252.36 232.69 211.64 210.32 216.91 231.85 284.97 259.78 259.60 286.95 243.51 PBT 577.39 629.11 549.32 448.57 492.89 175.18 567.42 878.48 606.83 347.17 453.43 Tax 168.52 162.18 139.93 111.99 127.88 55.11 140.19 315.70 212.84 117.84 155.56 Tax Rate 29.19% 26.88% 25.47% 26.96% 25.94% 32.81% 24.71% 35.94% 35.07% 33.94% 34.31% PAT 408.87 441.17 409.39 303.46 365.01 112.85 427.23 562.78 393.99 229.33 297.87 PAT before Minority Interest 408.87 441.17 409.39 303.46 365.01 112.85 427.23 562.78 393.99 229.33 297.87 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 2.34% 4.95% 5.04% 4.05% 6.26% 2.66% 6.57% 8.70% 7.00% 4.84% 6.16% PAT Growth -3.71% 7.76% 34.91% -16.86% 223.45% -73.59% -24.09% 42.84% 71.80% -23.01% EPS 15.46 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 17,482.23 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 -11.57% 9.76% 8.30% 28.46% 37.60% -34.81% 0.52% 15.24% 18.82% -2.15% Cost Of Goods Sold 5,285.57 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 12,196.66 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 69.77% 79.74% 79.38% 78.32% 80.61% 82.58% 80.36% 82.16% 80.61% 82.59% 84.27% Total Expenditure 16,629.18 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 853.05 840.81 696.19 616.23 696.62 381.06 875.84 1,138.36 901.99 641.86 692.95 EBITDA Margin 4.88% 9.43% 8.57% 8.22% 11.93% 8.98% 13.46% 17.58% 16.05% 13.57% 14.34% Other Income 45.03 35.90 73.74 49.43 29.79 50.25 9.30 32.01 13.13 51.97 86.40 Interest 48.56 12.86 6.89 4.64 14.78 22.67 31.12 31.20 47.65 58.65 81.07 Depreciation 252.75 232.98 211.90 210.59 217.19 232.01 285.10 259.86 259.65 287.05 243.63 PBT 578.04 630.87 551.14 450.43 494.44 176.63 568.92 879.31 607.82 348.13 454.65 Tax 168.76 162.70 140.28 112.63 128.36 55.58 140.63 316.00 213.19 118.21 155.98 Tax Rate 29.20% 26.89% 25.45% 26.99% 25.96% 32.81% 24.72% 35.94% 35.07% 33.96% 34.31% PAT 409.28 441.69 410.03 303.98 365.46 113.22 427.73 562.94 394.20 229.57 298.30 PAT before Minority Interest 408.96 442.41 410.86 304.68 366.08 113.83 428.29 563.31 394.63 229.92 298.67 Minority Interest -0.32 -0.72 -0.83 -0.70 -0.62 -0.61 -0.56 -0.37 -0.43 -0.35 -0.37 PAT Margin 2.34% 4.95% 5.05% 4.05% 6.26% 2.67% 6.57% 8.69% 7.02% 4.85% 6.17% PAT Growth -3.97% 7.72% 34.89% -16.82% 222.79% -73.53% -24.02% 42.81% 71.71% -23.04% EPS 15.48 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. 785.67 724.33 709.65 601.04 435.32 560.06 377.31 269.99 203.92 233.33 Other Non Current Assets 79.47 52.12 16.41 26.79 36.49 50.92 33.76 10.05 20.27 67.67 Current Assets 5,445.01 4,401.65 3,679.12 3,370.51 3,316.51 2,947.88 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 80.90 318.35 432.51 413.80 311.17 294.51 359.46 Short Term Loans & Adv. 416.85 421.59 374.30 192.96 239.02 339.61 341.68 246.48 192.83 240.35 Net Current Assets 1,662.66 1,573.11 1,402.51 1,397.25 1,179.53 958.88 901.11 838.80 458.90 290.87 Total Assets 8,316.88 7,133.97 6,341.08 6,028.99 5,872.06 5,684.41 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. 787.82 725.41 711.06 602.15 436.43 561.19 378.22 270.61 205.46 234.42 Other Non Current Assets 82.46 52.12 22.01 30.47 40.68 50.92 37.49 10.05 20.27 67.67 Current Assets 5,448.06 4,410.54 3,681.59 3,374.25 3,318.68 2,954.31 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 80.92 317.73 431.41 411.75 309.71 294.81 359.71 Short Term Loans & Adv. 416.91 421.60 374.31 192.98 238.37 338.49 339.56 244.98 193.08 240.49 Net Current Assets 1,665.05 1,581.41 1,404.13 1,399.64 1,180.48 963.87 901.82 843.52 462.34 294.24 Total Assets 8,328.50 7,144.30 6,350.87 6,038.02 5,880.10 5,691.89 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, Soufflet Malt to build malthouse in South Rajasthan
20th Feb 2026, 14:58 PM

The first phase of the facility is expected to be commissioned in the beginning of 2028
Read More
United Breweries launches Kingfisher Smooth in Karnataka
28th Jan 2026, 17:20 PM

A strategic innovation within the Kingfisher portfolio, the new product strengthens the brand’s presence in the mainstream strong beer segment
Read More
United Breweries launches Kingfisher Smooth
7th Jan 2026, 14:42 PM

Designed for younger legal-age consumers who enjoy strong beers, it offers an unprecedented strong and smooth drinking experience
Read More
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 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: