Consolidated Q2FY24:
Hina Nagarajan, CEO & Managing Director, commenting on the Q2FY24 performance, said, “We have maintained the growth and margin momentum in the second quarter of fiscal 2024 on the back of sustained investment in our brands and proven productivity muscle. Continuing our future-back consumer focus approach, we have now brought our global Tequila trademark Don Julio to India. This is in line with our strategy & commitment to bring the best from around the world to our aspiring Indian consumers. We are optimistic about the India potential of this opportunity in line with global trends.
I am also delighted to inform you that the Board of Directors has approved an interim dividend of Rs 4.0 per share. This is after a long hiatus, enabled by the successful turnaround of the Company to sustained profitability. We take the opportunity to thank our long-term investors for their patience and commitment.
Looking ahead, our priority is to sustain the growth momentum and realise the full potential of our portfolio offerings. While inflationary headwinds remain challenging, we remain focussed on revenue growth management & value chain productivity in our quest of long-term value creation for all our stakeholders.”
Equity Capital: 6,119.20 Cr FV: 2.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 15,779.50 | 22,156.90 |
LAST 3M | 54,802.13 | -2,099.03 |
LAST 6M | 93,089.45 | 78,838.27 |
LAST 12M | 161,092.98 | 118,023.38 |
Date | Action Type | Ratio |
---|---|---|
Nov 17, 2023 | Dividend | 200 |
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
UB Tower, 24 Vittal Mallya Road UB City, Bangalore, Karnataka, 560001
Tel | : | 91-80-39856500/22210705 |
: | usinvestor:unitedsprits.in | |
Website | : | http://www.diageoindia.com |
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 |
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 Dec 01, 2023 04:07 PM the closing price of United Spirits Ltd was ₹ 1,053.80.
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 Dec 01, 2023 04:07 PM, the market cap of United Spirits Ltd stood at ₹ 76,648.25.
The latest PE ratio of United Spirits Ltd as of Dec 01, 2023 04:07 PM is 59.68
The latest PB ratio of United Spirits Ltd as of Dec 01, 2023 04:07 PM is 0.09
The 52-week high of United Spirits Ltd is ₹ 1,110.00 while the 52-week low is ₹ 730.55
According to analyst recommendations, United Spirits Ltd has a “Buy” rating for the long term.