United Spirits Ltd

532432

Summary

Fair Value Assessment
Overvalued (21% Premium)
Fair ValueQ1,102.11UncertaintyHigh
Close Price1,334.45Feb 27, 2025
Market Closed
1,285.40
Price Down by 49.05 | 3.68 %
Previous Close
1,334.45
Day Range
1,278.10 – 1,338.95
Year Range
1,081.80 – 1,700.00
Bid / Ask
Market Cap
912.7 Bil
Volume / Average
6.9 k / 14.3 k
Beta (5-Year)
0.95
Shares Outstanding
710.06 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
United Spirits Ltd manufactures and sells spirits, beer, wine, and other alcoholic beverages. The company is engaged in the business of manufacture, purchase, and sale of beverage alcohol and other allied spirits, including through tie-up manufacturing units and strategic franchising of some of its brands. Its brand portfolio consists of McDowell's No.1, Royal Challenge, Black Dog, Signature, Antiquity, Director's Special Black, McDowell's Rum, McDowell's Brandy, Bagpiper, Old Tavern, and Haywards among others. Geographically, the firm generates a majority of its revenue from India.
Contact
No. 24, Vittal Mallya Road UB Tower, Bengaluru, KA 560001
T +91 8022210705
www.diageoindia.com opens in a new tab
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
2,598

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
117.60 112.59 105.54 96.55 80.98 92.78
Revenue Growth %
7.07% 6.68% 9.32% 19.22% -12.72% -0.12%
Gross Profit
53.78 51.01 43.70 42.34 35.15 41.01
Gross Profit Margin %
45.73% 45.31% 41.41% 43.85% 43.40% 44.21%
Operating Income
18.36 17.30 11.35 13.04 7.54 12.80
Operating Margin %
15.61% 15.37% 10.75% 13.51% 9.31% 13.80%
EBIT
18.72 18.03 13.51 11.69 7.17 12.71
EBIT Margin %
15.92% 16.01% 12.80% 12.10% 8.85% 13.70%
EBITDA
21.58 20.78 16.33 14.72 10.02 15.63
EBITDA Margin %
18.35% 18.46% 15.47% 15.25% 12.37% 16.85%
Net Income
14.03 14.08 11.36 8.29 3.84 6.59
Net Profit Margin %
11.93% 12.51% 10.67% 8.40% 4.47% 6.69%
Basic EPS
19.76 19.83 16.01 11.68 5.41 9.29
Diluted EPS
19.76 19.83 16.01 11.68 5.41 9.29
Normalized EPS
20.06 19.65 12.73 13.10 6.52 9.67
Total Dividends per Share
5.00 4.00
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
119.55 112.49 97.62 89.11 85.37 88.51
Total Liabilities
43.23 41.28 37.62 40.37 44.78 51.65
Total Debt
5.18 2.65 1.83 6.05 10.35 25.67
Total Equity
76.32 71.21 60.00 48.75 40.59 36.87
Cash And Cash Equivalents
8.41 10.52 1.15 0.55 0.78 0.66
Working Capital
42.69 34.74 26.10 13.25 4.65 -1.24
Shares Outstanding (Bil)
0.71 0.71
Book Value Per Share
100.27 84.48 69.84 57.98 52.47
Total Debt To Equity
0.07 0.04 0.03 0.12 0.25 0.70
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
9.77 11.18 6.15 9.77 18.18 7.83
Cash From Investing Activities
4.65 2.26 -0.53 -3.13 -0.99 -1.94
Cash From Financing Activities
-7.92 -4.07 -5.01 -6.88 -17.07 -7.40
Capital Expenditures
0.98 1.37 1.34 1.74 2.12
Free Cash Flow
16.44 10.07 9.99 6.99 5.60
Change in Cash
6.50 9.37 0.61 -0.23 0.12 -1.50

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Hina Nagarajan (59) Director, Chief Executive Officer and Managing Director
Pradeep Jain (56) Director and Chief Financial Officer
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
Franklin India I(acc)USD 0.72 2.62 5,114,143
Jan 31, 2025
Franklin India Equity Not Rated 0.72 3.06 5,114,143
Dec 31, 2024
HDFC Flexi Cap Gr 0.66 1.01 4,659,326
-215,674
4.42%
Jan 31, 2025
Kotak India Midcap Diversified Fund Not Rated 0.60 1.93 4,248,191
33,191
0.79%
Dec 31, 2024
Vanguard Total Intl Stock Index Inv 0.57 0.01 4,058,308
Jan 31, 2025
Total (for Top 5) 3.27 23,194,111
-182,483

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