| Management target | Revenue 12.0% FY27 |
|---|
| Revenue growth | P&A revenue grew 10.1% reported; 14.8% excluding Maharashtra impact. |
|---|---|
| Margins | EBITDA margin at 16%; pressured by West Asia packaging costs. |
| Demand visibility | Strong premiumization trends offset by value-segment demand uncertainty. |
| Management confidence | Balanced; highly optimistic on Scotch but cautious on input inflation. |
Growth
P&A revenue grew 14.8% excluding Maharashtra; overall reported P&A volume shrank 1.3%.
Outlook
Management maintains double-digit growth aspirations with 5-6% volume and 6-7% price/mix guidance.
Risks
Inflationary pressures in glass and West Asia crisis impacts; policy-driven volume declines in Maharashtra.
Earnings Call Transcript filed with NSE, NSE: UNITDSPR. Summary written with AI assistance from the document.
United Spirits Ltd: key numbers
- Share price
- ₹1,358.00
- Market cap
- ₹98,774 Cr
- Revenue (annual)
- ₹12,467 Cr
- Net profit (annual)
- ₹1,838 Cr
- P/E (TTM)
- 52.4×Sector 28.6×
- Promoter holding
- 56.67%+0.00% QoQ
- FII holding
- 12.89%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from United Spirits Ltd
All →United Spirits Acquisition Worth ₹2.69 Cr
United Spirits completed its acquisition of a 10.08% stake in Nuvola Spirits Private Limited for an aggregate cash consideration of ₹2.69 Crore.
- Value
- ₹2.69 Cr
United Spirits Other Announcement
United Spirits Limited received an ESG score of 75 for 2026 from NSE Sustainability Ratings and Analytics Limited, compared to a score of 73 for 2025.
United Spirits Other Announcement
United Spirits Limited has received an improved ESG rating of 'Crisil ESG 67' and 'Crisil Core ESG 67' from CRISIL ESG Ratings & Analytics Limited.
United Spirits Regulatory Approval
United Spirits Limited received a revocation order from the FSSAI. The order resumes sales of identified whisky products produced at its Madhya Pradesh manufacturing unit.
United Spirits Legal & Regulatory
FSSAI has revoked its order dated 29th June 2026 regarding product labels at United Spirits' Baramati unit. The company notes no material financial impact.
United Spirits Management Change
United Spirits has extended Ms. Archana Sasan's tenure as Interim General Counsel until December 31, 2026. This move ensures leadership continuity within the legal department.