United Breweries Ltd (UBL)
₹1,180.30
Mkt cap
₹31,208 Cr
P/E ratio
71.80
P/B
6.86
Div yield
0.85%
ROE
7.69%
ROCE
10.70%
EPS (TTM)
₹16.44
Book value
₹172
52W range
1,129–1,844
Sector
Fast Moving Consumer Goods
Price history
Previous close
United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages. [1]
NSE UBLBSE 532478
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthModerate
TechnicalsBearish
52-week range
−35.99% from high₹1,180
₹1,129+4.58% from low₹1,844
Current
₹1,180.30
Prev close
₹1,191.70
Day
−0.96%
Price performance
1D
−1.75%
1W
+2.48%
1M
−3.25%
3M
−18.47%
6M
−20.33%
1Y
−35.97%
YTD
−26.06%
Financials
Revenue, profit & margin
P/E ratio
71.8×
UBL is 58% above the sector median of 45.6×
UBL71.8×
Sector median45.6×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,890 | 1,824 | 2,133 | 2,475 | 2,117 | 2,000 | 2,323 | 2,864 | 2,053 | 2,073 | 2,250 | 3,067 | 2,537 | |
| Expenses | 1,706 | 1,678 | 1,991 | 2,190 | 1,890 | 1,859 | 2,136 | 2,553 | 1,923 | 1,847 | 2,111 | 2,784 | 2,278 | |
| Operating Profit | 184 | 146 | 143 | 285 | 227 | 141 | 187 | 311 | 130 | 226 | 139 | 283 | 259 | |
| OPM % | 10% | 8% | 7% | 12% | 11% | 7% | 8% | 11% | 6% | 11% | 6% | 9% | 10% | |
| Other Income | 12 | 25 | 26 | 7 | 10 | -16 | 8 | 11 | 15 | -8 | 82 | 51 | 41 | |
| Interest | 1 | 2 | 2 | 2 | 2 | 3 | 6 | 11 | 15 | 17 | 29 | 23 | 28 | |
| Depreciation | 51 | 52 | 58 | 58 | 57 | 61 | 57 | 63 | 64 | 69 | 76 | 86 | 89 | |
| Profit before tax | 144 | 117 | 110 | 233 | 178 | 61 | 132 | 248 | 66 | 132 | 116 | 224 | 183 | |
| Tax % | 26% | 27% | 26% | 26% | 26% | 37% | 26% | 26% | 30% | 39% | 12% | 26% | 26% | |
| Net Profit | 107 | 86 | 82 | 174 | 132 | 39 | 98 | 184 | 46 | 81 | 102 | 166 | 135 | |
| EPS in Rs | 4.06 | 3.23 | 3.07 | 6.56 | 5.00 | 1.45 | 3.69 | 6.95 | 1.76 | 3.06 | 3.85 | 6.29 | 5.12 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.36% · closed higher next day 26 of last 63
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26† | Q4FY26† | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 9 Feb '24 | 7 May '24◦ | 26 Jul '24 | 24 Oct '24◦ | 14 Feb '25 | 16 May '25◦ | 22 Jul '25◦ | 30 Oct '25 | 10 Feb '26◦ | 5 May '26◦ | 4 Aug '26◦ | 27 Oct '26◦ |
| Earnings day | +1.17% | +0.52% | −3.43% | +0.26% | +0.51% | +0.11% | −0.93% | −2.78% | +0.48% | −2.82% | −1.50% | +4.72% |
| +1 day | −1.67% | −4.72% | −5.35% | −2.48% | −0.10% | −1.47% | −0.78% | −2.33% | +0.09% | −1.76% | −1.31% | +4.21% |
| +5 days | −1.27% | −5.89% | −5.29% | −2.90% | −0.53% | −0.21% | −4.15% | −3.03% | −0.31% | −4.99% | −3.19% | — |
| +15 days | −3.26% | −6.36% | −5.72% | −6.30% | −6.39% | +1.78% | −5.69% | −6.16% | +1.88% | −7.84% | −5.61% | — |
| +30 days | −2.46% | +4.25% | −2.02% | +0.35% | −2.95% | −4.85% | −10.34% | −10.44% | −3.75% | −7.74% | −15.15% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 10 Per Share | 10.00 | 7 Aug '26 | 7 Aug '26 |
Shareholding
as of Sep 202670.84%Promoter
Promoters70.84%
FIIs5.36%0.49
DIIs17.27%0.52
Public5.37%
Government1.16%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| United Spirits | ₹1,333.70 | 53.50 | 97,007 | 1.27% | 428 | −8.80% | 3,264 | +2.87% | 26.39% |
| Radico Khaitan | ₹4,086.70 | 68.15 | 54,757 | 0.22% | 232 | +66.49% | 1,745 | +16.81% | 24.15% |
| United Breweries | ₹1,180.30 | 71.84 | 31,208 | 0.85% | 135 | +190.86% | 2,537 | +23.60% | 10.68% |
| Allied Blenders | ₹698.25 | 84.82 | 19,531 | 0.77% | 69 | +11.21% | 1,148 | +15.94% | 18.38% |
| Tilaknagar Inds. | ₹480.85 | 57.71 | 11,920 | 0.21% | 22 | −36.94% | 1,035 | +159.98% | 11.45% |
| Piccadily Agro | ₹558.35 | 39.17 | 5,504 | 0.18% | 21 | +16.33% | 251 | +17.42% | 18.01% |
| India Glycols | ₹331.70 | 7.01 | 2,223 | 2.26% | 97 | +32.19% | 1,130 | +8.64% | 12.40% |
| Median: 22 Co. | ₹318.70 | 45.57 | 1,070 | 0.29% | 20 | +16.23% | 260 | +16.81% | 11.45% |
Filings
Annual reports15
Concall transcripts50
RECOct 2026TranscriptAug 2026PPTAug 2026RECAug 2026PPTMay 2026PPTFeb 2026TranscriptOct 2025PPTOct 2025RECOct 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptOct 2024PPTOct 2024RECSep 2024TranscriptJul 2024PPTJul 2024TranscriptMay 2024PPTMay 2024RECMay 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Oct - Newspaper Advertisements - Unaudited Financial Results for the quarter ended September 30, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 28 Oct - Audio recording of Q2 FY2026-27 earnings call released on October 28, 2026.Results-Financial Results For The Quarter Ended September 30, 2026 27 OctAnnouncement under Regulation 30 (LODR)-Investor Presentation 27 Oct - Investor Presentation-Q2FY2027 Financial Results Earnings CallBoard Meeting Outcome for Outcome Of The Board Meeting - Financial Results 27 Oct - Board approved Q2 FY27 unaudited standalone and consolidated results; profit rose, auditors issued unqualified review.