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United Spirits Ltd share Price Today

Company details

1,146.95
1,175.00
760.05
1,207.00
6M Return 12.49%
1Y Return 52.82%
Mkt Cap.(Cr) 85,103.70
Volume 1,001,198
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 1,001,198

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Breweries & Distilleries company United Spirits announced Q3FY24 results:


Financial Performance - Consolidated

  • Net Sales Value (NSV): Rs 3,002 Crore, an increase of 8.0% YoY.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): Rs 487 Crore, a 30.8% growth YoY.

Financial Performance - Standalone

  • Net Sales Value (NSV): Rs 2,989 Crore, Prestige & Above segment sales constituting 88% of NSV.
  • Total NSV Growth: 7.5% YoY.
  • Prestige & Above Segment NSV Growth: 10.0% YoY.
  • EBITDA: Rs 491 Crore, a 33.6% increase from the previous year, with an EBITDA margin of 16.4%.

Profitability

  • Consolidated Profit After Tax (PAT): Rs 350 Crore.
  • Standalone Profit After Tax (PAT): Rs 348 Crore, net profit margin standing at 11.6%.


Segment Performance

  • Prestige & Above: Strong growth, with segment net sales up 13.8% during 9MFY24.
  • Popular Segment: Net sales declined by 4.6% during 9MFY24.


Hina Nagarajan, CEO & Managing Director, commented on the quarter's performance: "We have delivered a resilient quarter in a challenging macro environment. While the sequential demand momentum was relatively muted, reassuringly, the premiumisation trend continues.

Our consumer engagement remained high with a slew of festivals, the cricket World Cup, and peak wedding season. The focus on continuous improvement and value chain productivity is reflected in the performance.

Looking ahead, we remain cautiously optimistic on growth on the back of sustained investments in our brands, belief in our innovation and renovation pipeline, and the long-term India consumer potential."

 

 

 

Result PDF

View Other Company Results

United Spirits Ltd shares SWOT Analysis

Strengths (9)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,181.1
R2 1,192.1
R3 1,209.1
Pivot

1,164.00

S1 1,153.0
S2 1,136.0
S3 1,125.0
EMA SMA
1,146.5
1,133.9
1,109.8
1,058.0
1,144.4
1,138.9
1,111.1
1,064.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
NORTHERN LIGHTS FUND TRUST III RONDURE NEW WORLD FUND Block Purchase 2023-10-20 1045.95 127406 BSE
RONDURE NEW WORLD FUND Block Sell 2023-10-20 1045.95 127406 BSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-14 884.9 482127 NSE
Name Category Shares
Diageo RELAY BV (Formerly known as RELAY B V) PROMOTER 55.88%
UNITED BREWERIES HOLDINGS LIMITED PROMOTER 0.76%

OUR RESEARCH VIEW

Investment recommendation
Premium player with a strong portfolio of global brands…
Call Date
13 Dec 2023
Entry Price 1,040.00
Target Price 1,250.00
Duration
12 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 Spirits Ltd Stocks COMPARISON

Financials( in Cr) United Spirits Ltd United Breweries Ltd Radico Khaitan Ltd Piccadily Agro Industries Ltd Sula Vineyards Ltd
Price 1,170.05 1,860.20 1,720.60 522.90 561.50
% Change 0.88 0.34 -1.12 5 0.38
Mcap Cr 85,103.70 49,184.62 23,007.00 4,932.99 4,739.06
Revenue TTM Cr 10,611.60 7,499.92 3,142.81 608.89 516.27
Net Profit TTM Cr 1,125.80 304.68 204.37 23.30 84.03
PE TTM 66.95 145.18 91.78 56.29 50.39
1 Year Return 52.82 28.84 51.21 999.22 47.38
ROCE 17.41 10.58 11.40 12.44 19.69
ROE 15.21 7.71 9.65 10.64 18.12
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 6,119.20 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -6,228.06
LAST 3M 77,954.71 28,409.22
LAST 6M 138,694.84 74,737.91
LAST 12M 215,251.82 194,497.84
United Spirits Limited - Updates

Apr 23, 2024 l NSE Announcement

United Spirits Limited - Updates

Apr 22, 2024 l NSE Announcement

United Spirits Limited - Loss of Share Certificates

Apr 18, 2024 l NSE Announcement

Date Action Type Ratio
Nov 17, 2023 Dividend 200

United Spirits Ltd Information

Stock PE (TTM)
66.95
Promoter Holding
56.67%
Book Value
93.6339
ROCE
17.41%
ROE
15.21%
Description
  • United Spirits Ltd. (USL) is an Indian alcoholic beverage company with an outstanding collection of premium brands. It manufactures a vast array of vodka, whisky, rum, and other spirits. It was incorporated in 1999 with its headquarters in Bangalore. United Spirits’ standalone June 2022 net sales were Rs HYPERLINK "https://www.moneycontrol.com/news/business/earnings/united-spirits-standalone-june-2022-net-sales-at-rs-2169-30-crore-up-34-31-y-o-y-8894921.html" 2,196.30 crore, up 34.31% from Rs 1,615.10 crore in June 2021. On 29 August 2022, the company’s market capitalisation stood at Rs HYPERLINK "https://www.moneycontrol.com/india/stockpricequote/breweriesdistilleries/unitedspirits/US" 58,287 crore.  

    The company is listed on the Bombay Stock Exchange with the code 532432 and on the National Stock Exchange with the code MCDOWELL-N. It is also listed on the MCX Stock Exchange and Cochin Stock Exchange.  

    United Spirits Ltd. is a subsidiary of Diageo. Its world-class portfolio includes premium brands like Black Dog, Vat 69, Signature, Royal Challenge, Johnnie Walker, Black & White, Antiquity, Singelton, Ketel One, Smirnoff, Captain Morgan, Tanqueray, and McDowell’s No. 1.  

    According to the company’s shareholding pattern, on 30 June 2022, promoters had a 56.73% stake, foreign institutional investors had a 16.76% stake, domestic institutional investors had a 10.87% stake, and the public had a 15.65% stake. The leading promoter is Diageo Relay BV, with a 55.94% share. During the June 2022 quarter, the promoters’ pledge remained unchanged at 1.19%. The mutual fund holdings increased from 7.65% to 8.03%, with the number of mutual fund schemes increasing from 176 to 182.  

    Mr Mahendra Kumar Sharma is the company’s chairman. Ms Hina Nagarajan is the managing director and the CEO. Other board members include Dr (Mrs) Indu Shahani, Mr V K Viswanathan, Mr Mark Dominic Sandys, Mr Rajeev Gupta, Mr D Sivanandhan, Mr John Thomas Kennedy, and Mr Randall David Ingber. The auditors of the company are Price Waterhouse & Co Chartered Accountants LLP. On 30 June 2022, the company disclosed a total of 72.66 crore shares outstanding.  

    On 29 August 2022, United Spirits Ltd.’s share price closed at Rs 805 on BSE and at Rs 802.15 on NSE. The company’s 52-week high share price was Rs 1,019.95, and the 52-week low share price was Rs 702.25. Over one year, United Spirits Ltd.’s share gave investors a return of 17.52%.  

    The company’s peers include Tilaknagar Industries Ltd., Radico Khaitan Ltd., United Breweries Ltd., and Globus Spirits Ltd. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose 

Registered Address

UB Tower, 24 Vittal Mallya Road UB City, Bangalore, Karnataka, 560001

Tel : 91-80-39856500/22210705
Email : investor.India:diageo.com
Website : http://www.diageoindia.com
Registrar

Alpha Systems Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 532432
NSE Code : MCDOWELL-N
Book Closure Date (Month) :
BSE Group : A
ISIN : INE854D01024

FAQ’s on United Spirits Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of Apr 23, 2024 04:02 PM the closing price of United Spirits Ltd was ₹ 1,170.05.

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 Apr 23, 2024 04:02 PM, the market cap of United Spirits Ltd stood at ₹ 85,103.70.

The latest PE ratio of United Spirits Ltd as of Apr 23, 2024 04:02 PM is 66.95

The latest PB ratio of United Spirits Ltd as of Apr 23, 2024 04:02 PM is 0.08

The 52-week high of United Spirits Ltd share price is ₹ 1,207.00 while the 52-week low is ₹ 760.05

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

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