NSE / BSEConsumer Discretionary
β‚Ή1509.05+27.00+1.82%
P/E55.4Mkt Capβ‚Ή95.95 K CrEV/EBITDA46.6

United Spirits Limited

P/E55.4Mkt Capβ‚Ή95.95 K CrEV/EBITDA46.6
Company Profile

United Spirits Limited, together with its subsidiaries, manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally. It operates through Beverage Alcohol and Sports segments. The company offers alcoholic beverages, such as Scotch whisky, Indian made foreign liquor whisky, malts, tequila, brandy, rum, vodka, and gin under the Godawan, McDowell's No.1, Royal Challenge, Royal Challenge American Pride, Signature, Antiquity, Black Dog, Director's Special Black, McDowell's Rum, McDowell's Brandy, and McDowell's X-series brands. It also imports, manufactures, distributes, and sells alcoholic beverages under Diageo's iconic brands, which include Don Julio, Singleton, Tanquery, Captain Morgan, Johnnie Walker, J&B, Baileys, Lagavulin, Talisker, VAT 69, Black & White, Smirnoff, and Ciroc. In addition, the company holds the perpetual right to the Royal Challengers Bengaluru cricket franchise of Indian Premier League and Women's Premier League. It also exports its products to approximately 24 countries. The company was formerly known as McDowell & Company Limited and changed its name to United Spirits Limited in October 2006. The company was founded in 1826 and is headquartered in Bengaluru, India. United Spirits Limited is a subsidiary of Relay B.V.

Valuation

Market Cap
β‚Ή0.00
β€”
Current Price
β‚Ή0
β€”as of 28 Jul 2026
P/E Ratio
0.0x
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P/B Ratio
0.0x
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EV / EBITDA
0.0x
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EV / Sales
0.0x
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52W High
β‚Ή0
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52W Low
β‚Ή0
β€”
Shares Out
0.00 Cr
β€”

Profitability

Operating Margin
0.0%
β€”
Net Profit Margin
0.0%
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EBITDA Margin
0.0%
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Returns

ROE
0.0%
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ROCE
0.0%
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ROIC %
β€”
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ROA
0.0%
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Dividend Payout
0.0%
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Solvency

Current Ratio
0.0x
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Debt / Equity
0.0x
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Debt / Assets
0.0x
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CFO / Net Profit
0.0x
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Interest Coverage
0.0x
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AI Summary

Indian Stock

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Rule-based from financial data. Not advice.

Price Historyβ–² 14.70% over 1Y
Monthly Returns

Historically, Sep has averaged the highest return (+6.4%); Jan the lowest (-7.3%).

Average from:
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-5.6%Negative MonthJan 2026: -5.57%+1.5%Neutral MonthFeb 2026: +1.46%-11.9%Negative MonthMar 2026: -11.87%+8.7%Positive MonthApr 2026: +8.72%-3.2%Negative MonthMay 2026: -3.17%+5.2%Positive MonthJun 2026: +5.22%+11.7%*Positive MonthJul 2026: +11.74%β€”β€”β€”β€”β€”
2025-12.5%Negative MonthJan 2025: -12.50%-9.6%Negative MonthFeb 2025: -9.62%+9.0%Positive MonthMar 2025: +9.05%+11.7%Positive MonthApr 2025: +11.66%-2.8%Negative MonthMay 2025: -2.83%-6.1%Negative MonthJun 2025: -6.09%-6.2%Negative MonthJul 2025: -6.16%-2.2%Negative MonthAug 2025: -2.22%+1.3%Neutral MonthSep 2025: +1.26%+7.8%Positive MonthOct 2025: +7.82%+1.5%Neutral MonthNov 2025: +1.47%-0.6%Neutral MonthDec 2025: -0.55%
2024-2.5%Negative MonthJan 2024: -2.50%+7.0%Positive MonthFeb 2024: +7.01%-2.7%Negative MonthMar 2024: -2.71%+3.7%Positive MonthApr 2024: +3.68%-1.4%Neutral MonthMay 2024: -1.39%+10.0%Positive MonthJun 2024: +9.98%+10.8%Positive MonthJul 2024: +10.79%+4.4%Positive MonthAug 2024: +4.42%+7.8%Positive MonthSep 2024: +7.78%-8.9%Negative MonthOct 2024: -8.90%+5.6%Positive MonthNov 2024: +5.61%+6.2%Positive MonthDec 2024: +6.24%
2023-12.4%Negative MonthJan 2023: -12.36%-3.8%Negative MonthFeb 2023: -3.75%+2.2%Positive MonthMar 2023: +2.21%+2.8%Positive MonthApr 2023: +2.75%+13.6%Positive MonthMay 2023: +13.57%+3.3%Positive MonthJun 2023: +3.29%+11.0%Positive MonthJul 2023: +11.02%-0.3%Neutral MonthAug 2023: -0.34%-0.1%Neutral MonthSep 2023: -0.13%+2.5%Positive MonthOct 2023: +2.50%+1.8%Neutral MonthNov 2023: +1.83%+6.3%Positive MonthDec 2023: +6.28%
2022-3.6%Negative MonthJan 2022: -3.61%+2.3%Positive MonthFeb 2022: +2.25%+0.3%Neutral MonthMar 2022: +0.32%-2.8%Negative MonthApr 2022: -2.82%-6.0%Negative MonthMay 2022: -5.97%-6.3%Negative MonthJun 2022: -6.29%+2.4%Positive MonthJul 2022: +2.40%+4.3%Positive MonthAug 2022: +4.27%+3.7%Positive MonthSep 2022: +3.73%+6.5%Positive MonthOct 2022: +6.50%+3.9%Positive MonthNov 2022: +3.94%-5.9%Negative MonthDec 2022: -5.86%
2021β€”β€”β€”β€”β€”+8.0%Positive MonthJun 2021: +8.01%-3.2%Negative MonthJul 2021: -3.19%+11.6%Positive MonthAug 2021: +11.65%+19.3%Positive MonthSep 2021: +19.32%+11.1%Positive MonthOct 2021: +11.15%-6.9%Negative MonthNov 2021: -6.86%+1.7%Neutral MonthDec 2021: +1.66%
AvgΒ±SD-7.3%Β±4.3%-0.5%Β±5.7%-0.6%Β±6.8%+4.8%Β±5.0%+0.0%Β±6.9%+2.4%Β±6.4%+4.4%Β±7.2%+3.6%Β±4.8%+6.4%Β±7.0%+3.8%Β±6.9%+1.2%Β±4.3%+1.6%Β±4.6%
* Current month β€” value will change until month-end.

Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β€” the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.

Seasonal Tendency

This aggregates every month by calendar position β€” all Januaries together, all Februaries together, and so on β€” to show whether a given month has leaned positive or negative historically. β€˜Simple’ counts each month as +1 or βˆ’1. β€˜Weighted’ gives larger moves more influence: +2 above +10%, βˆ’2 below βˆ’10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations β€” read it as a historical tendency, not a reliable seasonal pattern.

Historical Trend

This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.

Year-to-Date ROI
Average from:
SD Γ—
Latest: 1.045x (2026)

Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β€” at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in β€œAverage from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.

Historical Performance

Revenue, profitability, and cash flow trends (β‚Ή Crores)

Revenue (10Y)

Operating Income (10Y)

Net Profit (10Y)

Operating Margin % (10Y)

Dividend Payout % (10Y)

Free Cash Flow (10Y)

Growth Summary

Latest fiscal year: Mar 2025

Revenueβ‚Ή11.57 K Crβ–² 8.2%
EBITDA Growthβ€”
Net Profitβ‚Ή1.56 K Crβ–² 18.8%
Cash from Ops (CFO)β€”
Free Cash Flow (FCF)β€”β–Ό 86.3%
Revenue CAGR 5Y3.3%
EBITDA CAGR 5Y5.5%
Net Profit CAGR 5Y13.2%
NP Growth 1Y18.8%

Historical Growth

Year-by-year revenue, profitability, and cash flow (β‚Ή Crores, last 10 years)

YearRevenueOp. IncomeNet ProfitCFOFCFROERev Growth 1YNP Growth 1Y
Mar 2025β‚Ή11.57 K Crβ€”β‚Ή1.56 K Crβ€”β€”19.8%8.2%18.8%
Mar 2024β‚Ή10.69 K Crβ€”β‚Ή1.31 K Crβ€”β€”18.8%3.1%24.7%
Mar 2023β‚Ή10.37 K Crβ€”β‚Ή1.05 K Crβ€”β€”17.7%10.1%23.6%
Mar 2022β‚Ή9.42 K Crβ€”β‚Ή851.00 Crβ€”β€”17.4%19.5%174.5%
Mar 2021β‚Ή7.89 K Crβ€”β‚Ή310.00 Crβ€”β€”7.5%-13.2%-56.0%
Mar 2020β‚Ή9.09 K Crβ€”β‚Ή705.00 Crβ€”β€”18.5%1.2%7.0%
Mar 2019β‚Ή8.98 K Crβ€”β‚Ή659.00 Crβ€”β€”21.0%9.9%17.3%
Mar 2018β‚Ή8.17 K Crβ€”β‚Ή562.00 Crβ€”β€”22.5%-4.4%230.6%
Mar 2017β‚Ή8.55 K Crβ€”β‚Ή170.00 Crβ€”β€”8.8%3.6%39.3%
Mar 2016β‚Ή8.25 K Crβ€”β‚Ή122.00 Crβ€”β€”7.1%3.5%-106.2%

Financial Statements

Income statement, balance sheet, and cash flow (β‚Ή Crores, as reported)

Consolidated Figures in USD Millions.

Unnamed: 0Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue / Net Sales8,4097,9688,2488,5488,1708,9819,0917,8899,42410,37410,69211,57312,097
Total Expenses8,5667,4828,3707,5777,1427,6937,5856,9027,9268,9558,9849,5159,917
EBIT / Operating Profit-157486-1219711,0281,2871,5069881,4981,4191,7082,0582,180
OPM %-2%6%-1%11%13%14%17%13%16%14%16%18%18%
Other Income-4,173-1,712985-2152156847-104-109245318361391
Finance Costs613593447369268220191166881047689112
Depreciation & Amortisation86110102132135144228249289271264274273
Profit Before Tax-5,028-1,9283162558409911,1354691,0121,2891,6862,0562,186
Tax %1%1%61%33%33%34%38%34%16%18%22%24%-
Net Profit / PAT-5,103-1,9561221705626597053108511,0521,3121,5581,654
EPS (β‚Ή)-70.23-26.931.682.347.739.069.704.2711.7114.4618.0421.4222.74
Dividend Payout %0%0%0%0%0%0%0%0%0%0%50%56%-

Peer Comparison

Consumer Discretionary sector peers, ranked by market cap

CompanyMarket CapRevenueP/EP/BEV/EBITDARev G 1Y
United Spirits Limitedthis co.β‚Ή95.95 K Crβ‚Ή11.57 K Cr55.4011.8846.628.2%
Titan Company Limitedβ‚Ή3.76 L Crβ‚Ή54.84 K Cr96.6021.0969.4916.4%
Eternal Limitedβ‚Ή2.84 L Crβ‚Ή8.62 K Cr120.007.95193.9130.1%
Avenue Supermarts Limitedβ‚Ή2.49 L Crβ‚Ή57.79 K Cr79.8010.4657.8616.7%
Trent Ltd [Lakme Ltd]β‚Ή1.39 L Crβ‚Ή16.67 K Cr82.4021.0949.0239.8%
Marico Limitedβ‚Ή98.15 K Crβ‚Ή7.58 K Cr52.3019.3863.518.3%
SWIGGY LIMITEDβ‚Ή96.87 K Crβ‚Ή8.80 K Crβ€”7.26-63.9238.0%
Industry Averageβ€”β‚Ή4.70 K Cr80.047.9662.2524.3%

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