United Spirits Ltd (UNITDSPR)
₹1,333.70
Mkt cap
₹97,007 Cr
P/E ratio
53.50
P/B
10.67
Div yield
1.27%
ROE
21.40%
ROCE
26.40%
EPS (TTM)
₹24.93
Book value
₹125
52W range
1,211–1,563
Sector
Fast Moving Consumer Goods
Price history
Previous close
Diageo India incorporated in India as United Spirits Ltd.(USL) is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo PLC. The company manufactures, sells, and distributes a wide portfolio of premium brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, Royal Challenge, McDowell’s No.1, Smirnoff and Captain Morgan. [1]
NSE UNITDSPRBSE 532432
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthLow
TechnicalsNeutral
52-week range
−14.69% from high₹1,334
₹1,211+10.15% from low₹1,563
Current
₹1,333.70
Prev close
₹1,289.50
Day
+3.43%
Price performance
1D
+3.43%
1W
+6.53%
1M
−2.15%
3M
−12.94%
6M
−2.18%
1Y
−1.30%
YTD
−3.47%
Financials
Revenue, profit & margin
P/E ratio
53.5×
UNITDSPR is 17% above the sector median of 45.6×
UNITDSPR53.5×
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 | 2,869 | 3,002 | 2,783 | 2,761 | 2,844 | 3,433 | 2,946 | 3,021 | 3,173 | 3,691 | 3,054 | 2,708 | 3,264 | |
| Expenses | 2,401 | 2,516 | 2,449 | 2,049 | 2,344 | 2,868 | 2,437 | 2,383 | 2,507 | 3,077 | 2,461 | 2,279 | 2,622 | |
| Operating Profit | 468 | 486 | 334 | 712 | 500 | 565 | 509 | 638 | 666 | 614 | 593 | 429 | 642 | |
| OPM % | 16% | 16% | 12% | 26% | 18% | 16% | 17% | 21% | 21% | 17% | 19% | 16% | 20% | |
| Other Income | 71 | 52 | 80 | 35 | 54 | 7 | 136 | 58 | 44 | 28 | 226 | 218 | 44 | |
| Interest | 27 | 16 | 29 | 22 | 25 | 20 | 22 | 49 | 21 | 19 | 69 | 30 | 24 | |
| Depreciation | 66 | 63 | 73 | 72 | 69 | 72 | 70 | 76 | 65 | 80 | 76 | 72 | 76 | |
| Profit before tax | 446 | 459 | 312 | 653 | 460 | 480 | 553 | 571 | 624 | 543 | 674 | 545 | 586 | |
| Tax % | 24% | 24% | 23% | 26% | 26% | 30% | 24% | 27% | 26% | 23% | 20% | 15% | 27% | |
| Net Profit | 339 | 350 | 241 | 485 | 341 | 335 | 421 | 417 | 464 | 418 | 539 | 463 | 428 | |
| EPS in Rs | 4.66 | 4.81 | 3.31 | 6.67 | 4.69 | 4.61 | 5.79 | 5.73 | 6.38 | 5.75 | 7.41 | 6.37 | 5.88 | |
| 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 +1.18% · closed higher next day 38 of last 63
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26† | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 23 Jan '24◦ | 24 May '24◦ | 23 Jul '24◦ | 24 Oct '24 | 23 Jan '25◦ | 20 May '25◦ | 13 Aug '25◦ | 30 Oct '25◦ | 20 Jan '26◦ | 14 May '26◦ | 22 Jul '26◦ | 28 Oct '26◦ |
| Earnings day | +0.37% | −1.75% | +3.82% | −0.45% | −2.06% | +0.05% | +1.00% | +2.64% | +0.11% | +3.79% | +0.98% | +5.06% |
| +1 day | −1.09% | +1.00% | +8.39% | +0.94% | −7.32% | +0.76% | +0.10% | +3.80% | +1.50% | +3.39% | +4.49% | +8.66% |
| +5 days | −2.53% | +0.23% | +6.10% | −1.18% | −5.11% | −2.18% | +1.81% | +1.07% | +0.89% | +0.75% | +9.09% | — |
| +15 days | +3.25% | +6.30% | +5.45% | +0.30% | −6.92% | −3.39% | −0.78% | +2.62% | +7.49% | −2.67% | +7.89% | — |
| +30 days | +3.47% | +9.33% | +11.49% | +3.22% | −11.52% | −11.13% | +0.18% | +3.43% | +5.40% | +6.12% | +6.03% | — |
| 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 11 Per Share | 11.00 | 8 Jul '26 | 8 Jul '26 |
Shareholding
as of Sep 202656.68%Promoter
Promoters56.68%
FIIs12.85%0.04
DIIs17.65%0.51
Public12.83%0.46
Government0.01%
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 | 84.83 | 19,535 | 0.77% | 69 | +11.21% | 1,148 | +15.94% | 18.38% |
| Tilaknagar Inds. | ₹480.85 | 52.74 | 11,920 | 0.21% | 32 | −30.28% | 1,046 | +155.67% | 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 | 45.59 | 1,071 | 0.29% | 20 | +16.23% | 260 | +16.81% | 11.45% |
Filings
Annual reports15
Concall transcripts58
RECOct 2026TranscriptJul 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptJan 2026RECJan 2026TranscriptNov 2025RECNov 2025TranscriptAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025TranscriptOct 2024RECOct 2024TranscriptJul 2024TranscriptMay 2024TranscriptMay 2024PPTMay 2024PPTMar 2024TranscriptFeb 2024RECFeb 2024TranscriptNov 2023
Credit ratings6
Announcements5
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 30 OctAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 29 Oct - Investor call recording for 29 October 2026 is now available on the company website.Announcement under Regulation 30 (LODR)-Newspaper Publication 29 OctIntimation Under Regulation 8(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 ('SEBI PIT Regulations'). 28 Oct - Board approved amended insider-trading code, effective 29 October 2026.Announcement under Regulation 30 (LODR)-Change in Management 28 Oct - United Spirits appoints Sameer Chugh as General Counsel India from 1 Dec 2026; Shobana Nikam resigns effective 31 Oct 2026.





