United Breweries Ltd

United Breweries announced that the 27th Annual General Meeting(AGM) of the company will be held on 12 August 2026.

Revenue from operations (excluding excise duty) fell 3.14% YoY to Rs 2,250.07 crore in Q4 FY26. Profit before exceptional items and tax declined to Rs 42.28 crore in Q4 FY26 from Rs 132.07 crore a year ago. The company reported exceptional items during the quarter, primarily comprising a Rs 74.04 crore gain from the sale of freehold land, partly offset by higher gratuity and long-term compensated absence liabilities following new labour code implementation. Sell-in volumes grew 4.1% in Q4 FY26, while sell-out volumes increased in the high single digits. Premium segment volumes rose 16%, outperforming the overall portfolio. The company noted that volume growth was largely driven by markets serviced through contract breweries, which impacted net sales and gross margins. Net sales declined 3% during the quarter. Gross profit margin improved 332 basis points YoY to 45.4%. However, the EBIT margin was impacted by higher fixed costs, increased new bottle infusion, and an adverse source mix. Capex stood at Rs 432 crore in FY26, up Rs 177 crore YoY, with investments directed towards commercial and supply chain initiatives. United Breweries said 80% of its markets returned to growth in the fourth quarter of FY26, with premium brands such as Kingfisher Ultra, Kingfisher Ultra Max, and Heineken Silver posting strong performance. The company said the beer category returned to double-digit growth in the quarter, rising 10%, with growth in both sell-in and sell-out volumes on a year-on-year basis. United Breweries remains optimistic about the recovery in beer demand, aided by recent regulatory changes. However, it highlighted that the ongoing Middle East conflict has disproportionately impacted the Indian beer industry, leading to supply chain disruptions, inflationary pressures, and reduced high-margin export volumes. 'This is resulting in a significant increase in raw material, packaging, transportation, and other operating costs. Along with sustained competitive intensity, this is expected to weigh on performance in the coming quarters,' the company said. The company expects the cost impact to be in the range of Rs 400 crore to Rs 500 crore over the next two to three quarters. It has initiated mitigation measures, including price hikes in coordination with state governments and cost optimization efforts, while continuing structural initiatives to improve productivity and efficiency. Despite near-term headwinds, the company remains confident about the long-term growth prospects of the beer category in India, supported by its manufacturing network and strategic investments. On a full-year basis, the company's net profit declined 6.5% to Rs 413.17 crore on a 3.6% rise in revenue from operations (excluding excise duty) to Rs 9,239.94 crore in FY26 over FY25. For FY26, volumes grew 3%, while premium volumes rose 21%. The company said it strengthened its market position during the year, with share gains in double-digit basis points and higher brand power. Net sales for FY26 rose 4%, while gross profit margin stood at 43.9%, up 92 basis points from the previous year. Meanwhile, the board has recommended a dividend of Rs 10 per equity share of face value Rs 1 each for FY26. The payout is subject to shareholder approval at the upcoming AGM and, if approved, will be paid on or before 10 September 2026. United Breweries (UBL) is engaged in the business of manufacturing and selling beer and non-alcoholic beverages. Shares of United Breweries fell 3.84% to Rs 1,398.15 on the BSE.Powered by Capital Market - Live

United Breweries announced that the Board of Directors of the Company at its meeting held on 5 May 2026, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 1000%) , subject to the approval of the shareholders.

Net profit of United Breweries rose 4.31% to Rs 101.78 crore in the quarter ended March 2026 as against Rs 97.57 crore during the previous quarter ended March 2025. Sales declined 3.14% to Rs 2250.07 crore in the quarter ended March 2026 as against Rs 2322.98 crore during the previous quarter ended March 2025. For the full year,net profit declined 6.46% to Rs 413.17 crore in the year ended March 2026 as against Rs 441.69 crore during the previous year ended March 2025. Sales rose 3.64% to Rs 9239.94 crore in the year ended March 2026 as against Rs 8915.09 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2250.072322.98 -3 9239.948915.09 4 OPM %6.198.04 -8.729.43 - PBDT118.28188.84 -37 778.97863.85 -10 PBT42.27132.07 -68 506.98630.87 -20 NP101.7897.57 4 413.17441.69 -6 Powered by Capital Market - Live

United Breweries will hold a meeting of the Board of Directors of the Company on 5 May 2026.

United Breweries announced that 'Kingfisher Smooth Strong Premium Beer' will be available in Maharashtra with effect from 31 March 2026. The product is currently available across leading retail outlets in Mumbai and Pune and will be rolled out across Maharashtra from April. It will be priced at Rs 125 for a 330 ml bottle, Rs 120 for a 330 ml can, Rs 155 for a 500 ml can, and Rs 200 for a 650 ml bottle. Powered by Capital Market - Live

United Breweries Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1615.9, down 1.8% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.98% on the day, quoting at 23171.6. The Sensex is at 74668.43, down 1.8%.United Breweries Ltd has added around 0.24% in last one month.Meanwhile, Nifty FMCG index of which United Breweries Ltd is a constituent, has eased around 6.5% in last one month and is currently quoting at 48189.15, down 0.43% on the day. The volume in the stock stood at 23083 shares today, compared to the daily average of 1.22 lakh shares in last one month.The PE of the stock is 103.71 based on TTM earnings ending December 25.Powered by Capital Market - Live

The order involves a total demand of about Rs 31.88 crore, including GST of Rs 15.94 crore and an equivalent penalty. The dispute relates to the taxability of the assignment of leasehold land in Navi Mumbai and a classification issue concerning non-alcoholic beverages. The company said it had earlier deposited Rs 11.12 crore under protest before the initiation of proceedings due to regulatory ambiguity surrounding the matter at the time the leasehold rights were sold. United Breweries added that it believes it has strong merits to defend its position and is currently evaluating appropriate judicial and appellate remedies. United Breweries is engaged in the business of manufacturing and selling beer and non-alcoholic beverages. The company reported a 110.7% surge in consolidated net profit to Rs 81.15 crore in Q3 FY26 from Rs 38.52 crore in Q3 FY25, while revenue from operations (excluding excise duty) rose 3.62% YoY to Rs 2,072.72 crore in the December 2025 quarter. Powered by Capital Market - Live

United Breweries Ltd is up for a third straight session in a row. The stock is quoting at Rs 1703.3, up 3.22% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.69% on the day, quoting at 24595.5. The Sensex is at 79408.36, down 0.76%. United Breweries Ltd has risen around 11.07% in last one month. Meanwhile, Nifty FMCG index of which United Breweries Ltd is a constituent, has risen around 4.21% in last one month and is currently quoting at 50000.8, down 0.29% on the day. The volume in the stock stood at 1.14 lakh shares today, compared to the daily average of 98159 shares in last one month.The PE of the stock is 103.69 based on TTM earnings ending December 25.Powered by Capital Market - Live

Revenue from operations (excluding excise duty) rose 3.62% YoY to Rs 2,072.72 crore in the December 2025 quarter. Profit before exceptional items and tax rose to Rs 151.02 crore in Q3 FY26 from Rs 87.08 crore a year ago. The company had reported an exceptional loss of Rs 18.73 crore in the corresponding quarter of the previous fiscal year, mainly due to severance pay and provisions made towards the impact of the newly notified labour codes, which are regulatory-driven and non-recurring in nature. United Breweries reported a 4% YoY increase in net sales in Q3 FY26, driven by premiumization and a favorable price mix. Premium volumes continued to outpace the overall portfolio (YTD +23%), taking year-to-date net sales growth to 6%. Gross margin improved sharply to 45.3% in Q3, the highest level in the last three years, expanding 222 bps YoY, aided by positive price mix, portfolio localization, and operational excellence. On a year-to-date basis, gross margin stood at 43.4%, up 12 bps YoY. EBIT surged 86% YoY during the quarter, aided by strong margin expansion and early benefits from the productivity and cost-effectiveness program. The productivity and cost-effectiveness program, launched earlier in the year and continuing through FY27, is expected to deliver gross savings of 3'6% of the total cost base over time, with a substantial portion planned for strategic reinvestment to support sustained growth, premiumization, and category building. Brand investments remained strong, resulting in the highest portfolio brand power in the last three years. During the quarter, the company strengthened its innovation pipeline with the launch of Kingfisher Smooth in Rajasthan and Karnataka in January 2026, aimed at reviving category growth and expanding its presence in the strong beer segment. United Breweries (UBL) is engaged in the business of manufacturing and selling beer and non-alcoholic beverages.Powered by Capital Market - Live