United Breweries Ltd

532478

Summary

Fair Value Assessment
Overvalued (12% Premium)
Fair ValueQ1,776.71UncertaintyHigh
Close Price2,005.60Feb 27, 2025
Market Closed
1,946.15
Price Down by 59.45 | 2.96 %
Previous Close
2,005.60
Day Range
1,922.00 – 1,978.80
Year Range
1,650.05 – 2,299.40
Bid / Ask
Market Cap
514.6 Bil
Volume / Average
2.1 k / 5.4 k
Beta (5-Year)
0.76
Shares Outstanding
264.41 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaro, London Pilsner, and Heineken among others. Geographically, it derives key revenue from its business in India and the rest from other regions.
Contact
No. 24, Vittal Mallya Road UB Tower, UB City, Bengaluru, KA 560001
T +91 8045655000
www.unitedbreweries.com opens in a new tab
Sector
Consumer Defensive
Industry
Beverages - Brewers
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
2,875

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
84.79 78.76 73.31 56.05 40.59 62.60
Revenue Growth %
11.78% 7.45% 30.79% 38.10% -35.16% 0.72%
Gross Profit
33.31 30.42 29.01 25.66 19.49 29.73
Gross Profit Margin %
39.28% 38.62% 39.58% 45.78% 48.03% 47.50%
Operating Income
5.64 4.85 4.06 4.85 1.83 5.98
Operating Margin %
6.65% 6.16% 5.53% 8.65% 4.51% 9.55%
EBIT
5.46 5.12 3.88 4.94 1.87 5.97
EBIT Margin %
6.44% 6.51% 5.30% 8.81% 4.61% 9.54%
EBITDA
7.80 7.24 5.99 7.11 4.19 8.82
EBITDA Margin %
9.20% 9.20% 8.17% 12.68% 10.33% 14.09%
Net Income
4.25 4.10 3.04 3.65 1.13 4.28
Net Profit Margin %
5.03% 5.22% 4.16% 6.53% 2.80% 6.84%
Basic EPS
16.09 15.51 11.50 13.82 4.28 16.18
Diluted EPS
16.09 15.51 11.50 13.82 4.28 16.18
Normalized EPS
16.81 15.50 12.44 13.82 5.49 16.25
Total Dividends per Share
10.00 7.50 10.50 0.50 2.50 2.50
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
70.69 70.53 62.80 59.49 58.52 55.51
Total Liabilities
28.38 28.70 23.11 20.10 22.66 20.27
Total Debt
1.27 1.02 0.16 0.10 2.62 2.52
Total Equity
42.31 41.84 39.70 39.39 35.86 35.24
Cash And Cash Equivalents
0.49 1.29 3.30 8.63 4.10 0.29
Working Capital
16.60 15.86 14.09 14.05 11.85 9.71
Shares Outstanding (Bil)
0.26 0.26 0.26
Book Value Per Share
158.03 149.96 148.83 135.48 133.14
Total Debt To Equity
0.03 0.02 0.00 0.00 0.07 0.07
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
-1.93 0.70 -1.20 9.00 6.20 5.08
Cash From Investing Activities
-1.69 -1.48 -1.21 -1.60 -1.52 -4.02
Cash From Financing Activities
-1.62 -1.22 -2.92 -2.87 -0.88 -0.95
Capital Expenditures
1.92 1.56 1.74 2.01 4.04
Free Cash Flow
4.02 3.36 4.09 0.94 2.97
Change in Cash
-5.24 -2.01 -5.33 4.53 3.80 0.10

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Vivek Gupta (—) Director, Managing Director and Chief Executive 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
SBI Equity Hybrid Fund Reg IDCW-P 1.13 0.90 2,983,652
Jan 31, 2025
SBI Multicap Reg Gr Not Rated 1.03 3.10 2,715,556
Jan 31, 2025
ICICI Pru Bluechip Gr 0.94 0.84 2,474,641
Jan 31, 2025
ICICI Pru Large & Mid Cap Gr 0.85 2.59 2,245,925
Jan 31, 2025
Kotak Flexicap Reg Gr 0.78 0.91 2,075,000
Jan 31, 2025
Total (for Top 5) 4.73 12,494,774

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