loader2
Partner With Us NRI

United Breweries Ltd share Price Today

Company details

1,688.70
1,744.60
1,353.50
1,908.00
6M Return 10.01%
1Y Return 22.78%
Mkt Cap.(Cr) 45,899.39
Volume 144,921
Div Yield 0.43%
OI
-
OI Chg %
-
Volume 144,921

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
Momentum builds up for peak Q1 season in challenging environment
Market leader in Indian Beer market

    United Breweries (UBL) is the biggest beer player in the domestic market (~54% market share), a sector largely dominated by MNCs (~85% of market).

    • On-trade sales comprise ~25% of revenues (rest 75% off-trade)
    • Heineken, one of the world’s largest beer companies, holds 72.7% stake in United Breweries
Q3FY22 results : UBL’s performance was below I-direct estimates on profitability
    • Revenues grew 23% YoY to ₹ 1581 crore, led by volume growth of 19%
    • Absolute EBITDA remained flat at ₹ 183 crore (EBITDA margins contracted 247 bps to 11%)
    •                 However, PAT grew 39% to ₹ 100 crore, as EBITDA was supported by lower depreciation, interest expense and higher other income

Click here for full recommendation

Research view on more stocks

United Breweries announced Q3FY24 & 9MFY24 results:

Standalone Q3FY24

  • Net Sales: Rs 1,823 crore, up 13% from Rs 1,611 crore in Q3FY23.
  • Gross Profit: Rs 802 crore with a Gross Margin of 44.0%, a gain of 215bps from 41.8% in Q3FY23.
  • EBIT: Rs 118 crore, a significant increase of 199% compared to Rs 39 crore in Q3FY23.
  • Profit after Tax: Rs 85 crore compared to Rs 5 crore in Q3FY23, marking a considerable rise.
  • Q3 observed an improved Gross Profit margin due to revenue management and cost initiatives, despite the challenge of inflated costs.

Standalone 9MFY24

  • Net Sales: Rs 5,984 crore, a 4% increase from Rs 5,727 crore in the same period the previous year.
  • Gross Profit: Rs 2,565 crore with a Gross Margin of 42.9%, a decline of 142bps from 44.3% in 9MFY23.
  • EBIT: Rs 446 crore, marginally up by 2% from Rs 439 crore in the same period the previous year.
  • Profit after Tax: Rs 329 crore, up 12% from Rs 294 crore in 9MFY23.
  • EBIT margin stood at 7.4% 9MFY24, signifying resilience in the face of inflationary pressures.

Volume and Net Sales Insights

  • Q3FY24 volume growth of 8% was largely attributed to robust demand in various regions, with East India witnessing a remarkable 22% growth.
  • For 9MFY24, there is a net sales increase of 4%, driven by a recovery in volume during Q2 and Q3 as well as strategic pricing decisions.

Strategic Developments and Outlook

  • Launch of Heineken® Silver Draught Beer in India, marking an addition to the premium segment.
  • Ongoing efforts to drive the share of premium in the portfolio are integral to UBL's strategy.
  • The company endeavors to bolster brand investments and enhance capabilities, suggesting further growth and margin accretion.

 

Result PDF

View Other Company Results

United Breweries announced Q2FY24 results:

1. Volume Growth: United Breweries Ltd saw a strong volume recovery during Q2FY24, with volumes up 7%. Excluding changes in route to market, the volume growth was even higher at 9%.

2. Premium Segment: The premium segment showed robust growth, with a 10% increase in sales during the quarter. This growth was driven by the Kingfisher Ultra family and Heineken Silver, which contributed more than 20% to the overall premium segment.

3. Revenue Growth: Net sales in Q2FY24 increased by 12% compared to the same period last year. This growth was driven by both higher volumes and revenue management initiatives.

4. Gross Profit Margin Improvement: The gross profit margin for the company improved by 396 basis points compared to the previous quarter. On a year-to-date basis, gross profit margin was slightly lower than the previous year, but with further improvements compared to the previous quarter.

5. Capex Investments: United Breweries invested Rs 91 crore in capital expenditures during the first half of the year, primarily in supply chain initiatives to support future growth.
 

 

 

Result PDF

View Other Company Results

United Breweries announced Q1FY24 results:

  • Q1FY24 volumes impacted by RTM changes, supply challenges & lower inter-state sales.
  • Q1FY24 volumes down 12%, with a strong recovery at quarter end.
  • Q1FY24 EBITDA of Rs 233 crore, down 15% YoY
  • Q1FY24 EBITDA margin at 8%, down 95 bps YoY, up 718 bps QoQ, given the increased focus on profitable growth across our footprint.
  • Capex during Q1FY24 was Rs 45 crore, primarily in supply chain initiatives.

 

Result PDF

View Other Company Results

United Breweries announced Q4FY23 & FY23 results:

  • All-time high full year volumes signalling continued category growth
  • Year to date volumes up 31% vs PY
  • Year to date EBITDA, Rs 664 crore, down 8% vs PY, impacted by inflationary pressure
  • Q4 volumes up 3% vs PY, muted by route to market headwinds
  • The premium segment recorded growth ahead of the total portfolio, growing 19% in the quarter with a strong 58% growth YTD, driven by Heineken®, Kingfisher Ultra & Kingfisher Ultra Max.
  • YTD Capex spend was Rs 156 crore. With volume growth expected to continue, Capex investments are needed to meet future growth.

 

Result PDF

View Other Company Results

Breweries & distilleries firm United Breweries announced Q3FY23 results:

  • Q3FY23:
    • Volume growth in the quarter and year-to-date signalling continuing category growth.
    • Q3 volume up 4%, up 5% vs 2019.
    • Year-to-date volumes up 43%, vs 2019 volumes up 3% 
    • Year-to-date EBITDA Rs 598 crore, up 33% from 451 crore in 2021
    • Volume growth of 4% in the quarter vs the prior year, primarily driven by Telangana, Rajasthan and Karnataka. YTD volume growth was 43% driven by Rajasthan, West Bengal, Telangana and Maharashtra.
    • The premium segment recorded growth ahead of the total portfolio, growing 13% in the quarter with a strong 75% growth YTD, driven by Heineken and Kingfisher Ultra & Max.
    • Capex YTD was a spend of Rs 113 crore, and with continued volume growth, Cape investments are planned to meet the expected volume expansion. 

Result PDF

View Other Company Results

Breweries & Distilleries firm United Breweries Announced Q1FY23 Result :

  • Q1 volumes more than doubled compared to Covid impacted prior year
  • Record months in sales with volume growth of 8% compared to 2019
  • Quarterly EBIT, Rs. 218 Cr, up from 46 Cr last year
  • Strong Liquidity positon, Debt Free with bank balances of Rs. 860 Cr
  • Capex during the quarter was Rs. 44 Cr with the volume growth during the quarter resulting in an on-going review of capacity plans to meet future demand.
  • Price increase have been realized in multiple states, including Haryana, Karnataka, Maharashtra, MP, Orissa, Rajasthan, Telangana and UP. The Company continues to pursue options of further price increases, where possible.

 

 

Result PDF

View Other Company Results

United Breweries & Distilleries declares Q4FY22 result:

  • Q4 Volumes Grew 7% And Full Year 33%
  • Annual Ebit Rs. 508 Cr, Up 157% From 198 Cr Last Year
  • Free Operating Cash Flow At Record Rs. 721 Cr
  • Strong Liquidity Positon With About Rs 850 Cr Bank Balances After Prepayment Of All Term Debts
  • The fourth quarter witnessed robust year on year and sequential growth of 7% and 14% respectively. The growth was mixed during the quarter with January being muted due to the impact of the Omicron COVID variant, while March showed a promising start of the peak season.
  • Three regions recorded growth in the fourth quarter, Northern region recording a stellar 26% growth driven by UP, Rajasthan and Haryana, markets in South followed with 8% growth due to strong performance in Telangana and East recorded 2% growth comprising healthy growth in all states except for a decline in West Bengal on account of the change in the route to market. West declined by 11%.

 

Result PDF

View Other Company Results

Beverages company United Breweries announced Q3FY22 results:

  • Q3 volumes increased 19% vs last year Q3, resulting in full recovery of volumes back to pre-covid levels
  • 10% sequential volume growth for the quarter, outperforming the overall market
  • Year to date EBITDA Rs 415 crore, up188% from Rs 157 crore last year 
  • Strong liquid position with about Rs 800 crore bank balance after pre-payment of all term debt
  • EBITDA reached Rs.180 Cr with 11.4% margin in a quarter impacted by higher marketing investments

 

Result PDF

View Other Company Results

PERFORMANCE HIGHLIGHTS FOR THE HALF YEAR ENDING SEPTEMBER 2021:
  • Q2 volume growth of 49% and at 78% of pre-covid levels
  • Q2 EBITDA at Rs. 170 cr with an improvement of 382 BPS
  • Half-year EBITDA, Rs. 272 cr, up from a Rs 21 cr negative last year
  • Strong liquidity positon with about Rs 600 cr bank balances

 

 

Result PDF

View Other Company Results

United Breweries Ltd shares SWOT Analysis

Strengths (3)

  • Company with No Debt
  • Book Value per share Improving for last 2 years
  • FII / FPI or Institutions increasing their shareholding

Weakness (5)

  • Promoters increased pledged shares QoQ
  • Negative profit growth, promoters decreasing shareholding QoQ
  • Declining Revenue every quarter for the past 2 quarters

Opportunity (0)

Data not found

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,757.5
R2 1,779.0
R3 1,813.4
Pivot

1,723.08

S1 1,701.6
S2 1,667.2
S3 1,645.7
EMA SMA
1,718.0
1,728.7
1,710.3
1,662.9
1,711.5
1,750.3
1,724.2
1,636.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MARSHALL WACE INVESTMENT STRATEGIES MARKET NEUTRAL TOPS FUND Block Purchase 2024-01-25 1876.7 63597 NSE
MARSHALL WACE INVESTMENT STRATEGIES TOPS FUND Block Purchase 2024-01-25 1876.7 4793 NSE
SOCIETE GENERALE Block Sell 2024-01-25 1876.7 68390 NSE
Name Category Shares
VIJAY MALLYA PROMOTER 8.08%
SCOTTISH AND NEWCASTLE INDIA LIMITED PROMOTER 34.04%
HEINEKEN INTERNATIONAL B.V PROMOTER 24.27%
HEINEKEN U K LIMITED PROMOTER 3.21%
KAMSCO INDUSTRIES PRIVATE LIMITED PROMOTER 1.24%

OUR RESEARCH VIEW

Trading recommendation

Call Date
03 Aug 2021
Entry Price 1,520.00
Target Price 1,580.00
Duration
Stop Loss -
Investment recommendation
Momentum builds up for peak Q1 season in challenging environment
Call Date
27 Apr 2022
Entry Price 1,540.00
Target Price 1,800.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

United Breweries Ltd Stocks COMPARISON

Financials( in Cr) United Breweries Ltd United Spirits Ltd Radico Khaitan Ltd Sula Vineyards Ltd Tilaknagar Industries Ltd
Price 1,735.95 1,134.25 1,727.75 551.40 210.50
% Change 2.26 -0.46 3.43 1.27 -2.37
Mcap Cr 45,899.39 82,499.79 23,101.40 4,653.82 4,049.58
Revenue TTM Cr 7,499.92 10,611.60 3,142.81 516.27 1,164.36
Net Profit TTM Cr 304.68 1,125.80 204.37 84.03 149.90
PE TTM 135.23 64.89 92.03 49.45 30.22
1 Year Return 22.78 51.34 45.96 55.02 109.14
ROCE 10.58 17.41 11.40 19.69 10.37
ROE 7.71 15.21 9.65 18.12 12.06
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 3,964.89 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

United Breweries Ltd Information

Stock PE (TTM)
135.23
Promoter Holding
70.83%
Book Value
151.8135
ROCE
10.58%
ROE
7.71%

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 532478
NSE Code : UBL
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE686F01025

FAQ’s on United Breweries Ltd Shares

You can buy United Breweries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy United Breweries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:56 PM the closing price of United Breweries Ltd was ₹ 1,735.95.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:56 PM, the market cap of United Breweries Ltd stood at ₹ 45,899.39.

The latest PE ratio of United Breweries Ltd as of Mar 28, 2024 03:56 PM is 135.23

The latest PB ratio of United Breweries Ltd as of Mar 28, 2024 03:56 PM is 0.09

The 52-week high of United Breweries Ltd share price is ₹ 1,908.00 while the 52-week low is ₹ 1,353.50

According to analyst recommendations, United Breweries Ltd Share has a “Buy” rating for the long term.

Download Our

Download App
market app