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United Breweries Ltd

UBL Share Price

1,679.000.84% (-14.30)
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With a market cap of ₹44,771 cr, stock is ranked 208

Stock is 1.81x as volatile as Nifty

UBL Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹44,771 cr, stock is ranked 208

Stock is 1.81x as volatile as Nifty

UBL Performance & Key Metrics

UBL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
122.2110.250.59%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
36.808.971.68%

UBL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
44%
Analysts have suggested that investors can buy this stock

from 16 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

UBL Company Profile

United Breweries Limited (UBL) is a holding company. The Company is engaged in the manufacture and sale of beer, including licensing of brands.

Investor Presentation

View older View older 

Oct 29, 2025

PDF
View Older Presentations
PE Ratio
65.83
65.83
1Y Return
6.17%
6.17%
Buy Reco %
83.33
83.33
PE Ratio
124.59
124.59
1Y Return
37.08%
37.08%
Buy Reco %
95.00
95.00
PE Ratio
90.26
90.26
1Y Return
78.33%
78.33%
Buy Reco %
100.00
100.00
PE Ratio
48.58
48.58
1Y Return
13.75%
13.75%
Buy Reco %
100.00
100.00
PE Ratio
123.99
123.99
1Y Return
11.01%
11.01%
Buy Reco %
100.00
100.00
Compare with Peers

UBL Sentiment Analysis

UBL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

UBL Stock Summary · July 2025

In Q1 FY'26, the company achieved an 11% increase in volume and a 16% rise in net sales, largely driven by a remarkable 46% growth in the premium segment, despite facing challenges in Karnataka and West Bengal due to taxation and competitive pressures. While operational efficiencies are being enhanced through increased capital expenditure and local production, short-term margin pressures persist, particularly in regions with high taxation. The evolving competitive landscape, marked by rivals focusing on economy brands, underscores the importance of premiumization as a growth strategy. Management remains cautiously optimistic about future opportunities, particularly in states like Uttar Pradesh and Assam, where favorable policies could significantly boost sales and profitability. However, ongoing supply chain challenges and regional market dynamics necessitate a careful approach to sustaining growth and improving margins.

UBL Stock Growth Drivers
UBL Stock Growth Drivers
8
  • Volume and Sales Growth

    The company achieved an 11% growth in volume and a 16% increase in net sales

  • Premium Segment Performance

    The premium segment has been a significant driver of growth, with a 46% increase in

UBL Stock Challenges
UBL Stock Challenges
6
  • Margin Pressures

    The company has experienced a decline in gross margin, reported at 42.5%, which is a

  • Volume Growth Challenges

    The company is facing challenges in achieving its volume growth targets due to several factors,

UBL Forecast

UBL Forecasts

Price

Revenue

Earnings

UBL

UBL

Income

Balance Sheet

Cash Flow

UBL Income Statement

UBL Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 6.55%, vs industry avg of 6.96%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 25.22% to 22.46%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 0.64%, vs industry avg of 13.72%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue4,780.905,632.156,507.446,518.544,348.345,868.237,549.358,196.428,950.999,284.47
Raw Materialssubtract843.841,067.431,229.801,288.31748.541,108.921,677.891,708.001,855.998,497.37
Power & Fuel Costsubtract140.76153.02189.75178.92117.74147.79227.76227.12217.36
Employee Costsubtract356.28399.22448.43504.12485.49523.12595.51647.35718.46
Selling & Administrative Expensessubtract1,051.871,106.511,314.791,363.70938.021,181.791,353.271,375.821,481.56
Operating & Other expensessubtract1,694.321,990.852,154.302,298.351,634.462,180.203,062.383,468.203,826.67
Depreciation/Amortizationsubtract287.05259.65259.86285.10232.01217.19210.59211.90232.98245.13
Interest & Other Itemssubtract58.6547.6531.2031.1222.6714.784.646.8912.8634.90
Taxes & Other Itemssubtract118.56213.62316.37141.1956.19128.98113.33141.11163.42140.71
EPS8.6814.9121.2916.184.2813.8211.5015.5116.7113.86
DPS1.152.002.502.500.5010.507.5010.0010.0010.00
Payout ratio0.130.130.120.150.120.760.650.640.600.72

UBL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Oct 29PDF
Jul 22PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 7PDF
Feb 13PDF
Oct 24PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Oct 20PDF
Jul 27PDF
FY 2022FY 2022

Annual report

PDF

Investor Presentation

Apr 26PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
 

UBL Stock Peers

UBL Past Performance & Peer Comparison

UBL Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer StaplesAlcoholic Beverages

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
United Breweries Ltd101.3610.250.59%
United Spirits Ltd65.8312.850.84%
Radico Khaitan Ltd124.5915.640.12%
Allied Blenders and Distillers Ltd90.2611.250.57%

UBL Stock Price Comparison

Compare UBL with any stock or ETF
Compare UBL with any stock or ETF
UBL
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UBL Holdings

UBL Shareholdings

UBL Promoter Holdings Trend

UBL Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

UBL Institutional Holdings Trend

UBL Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

UBL Shareholding Pattern

UBL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding70.83%15.51%1.18%6.26%6.23%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

UBL Shareholding History

UBL Shareholding History

JunSepDec '24MarJunSep6.43%6.26%6.43%6.91%6.73%6.26%

Mutual Funds Invested in UBL

Mutual Funds Invested in UBL

No mutual funds holding trends are available

Top 5 Mutual Funds holding United Breweries Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.1978%0.65%-0.09%56/126 (-17)
1.0902%2.03%-0.33%19/68 (-1)
1.0486%1.32%0.16%34/87 (-1)

Compare 3-month MF holding change on Screener

UBL Insider Trades & Bulk Stock Deals

UBL Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing UBL stock

smallcases containing UBL stock

Looks like this stock is not in any smallcase yet.

UBL Events

UBL Events

UBL Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

UBL has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.59%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.91 every year

Dividends

Corp. Actions

Announcements

Legal Orders

UBL Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

UBL has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.59%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.91 every year

UBL Upcoming Dividends

UBL Upcoming Dividends

No upcoming dividends are available

UBL Past Dividends

UBL Past Dividends

Cash Dividend

Ex DateEx DateJul 31, 2025

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Jul 31, 2025

Cash Dividend

Ex DateEx DateJul 25, 2024

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Jul 25, 2024

Cash Dividend

Ex DateEx DateAug 3, 2023

Final
Final | Div/Share: ₹7.50

Dividend/Share

7.50

Ex DateEx Date

Aug 3, 2023

Cash Dividend

Ex DateEx DateAug 2, 2022

Final
Final | Div/Share: ₹10.50

Dividend/Share

10.50

Ex DateEx Date

Aug 2, 2022

Cash Dividend

Ex DateEx DateJul 1, 2021

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Jul 1, 2021

UBL Stock News & Opinions

UBL Stock News & Opinions

Corporate
United Breweries launches Heineken' Silver in New Delhi

United Breweries (UBL), part of the HEINEKEN Company, announced the launch of Heineken' Silver in New Delhi. The introduction of this iconic variant across bars and retail outlets marks a significant milestone in Heineken's expansion in India. Vikram Bahl, Chief Marketing Officer, United Breweries Limited, said, 'Bringing Heineken' Silver to New Delhi marks an important step in growing the premium beer category in India. Consumers today seek smoother and lighter beers, and Heineken' Silver delivers exactly that with its smooth and refreshing taste. With Delhi's young, energetic and social crowd, this beer truly matches the spirit of the city. We're excited for consumers to try it, enjoy it and make it part of their social experiences.' Heineken' Silver is now available in New Delhi and priced at INR 155 for a 330ml bottle, INR 180 for a 500ml can, and INR 305 for a 650ml bottle.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
United Breweries update on upcoming brewery in Unnao, Uttar Pradesh

United Breweries has completed the registration of the lease deed for the industrial plot allotted by the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) in Unnao district, Uttar Pradesh, for its upcoming greenfield brewery. The proposed facility will produce both mainstream and premium brands, including Heineken', with capabilities for cans and bottles. This milestone strengthens the Company's manufacturing footprint, expands capacity and supports its long-term growth plans in India. In February 2025, the Company announced plans for the greenfield brewery to meet strong category growth in Uttar Pradesh. The facility is expected to be operational by Q2 FY27. Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
United Breweries Ltd down for fifth straight session

United Breweries Ltd is down for a fifth straight session today. The stock is quoting at Rs 1741.1, down 0.39% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.5% on the day, quoting at 26182.7. The Sensex is at 85587.27, up 0.47%.United Breweries Ltd has lost around 3.16% in last one month.Meanwhile, Nifty FMCG index of which United Breweries Ltd is a constituent, has eased around 2.01% in last one month and is currently quoting at 55380.8, up 0.16% on the day. The volume in the stock stood at 28154 shares today, compared to the daily average of 1.5 lakh shares in last one month.The PE of the stock is 121.64 based on TTM earnings ending September 25.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Volumes jump at United Breweries Ltd counter

CCL Products (India) Ltd, Redington Ltd, Astral Ltd, International Gemmological Institute (India) Ltd are among the other stocks to see a surge in volumes on BSE today, 06 November 2025.United Breweries Ltd saw volume of 3.48 lakh shares by 10:46 IST on BSE, a 57.69 fold spurt over two-week average daily volume of 6023 shares. The stock dropped 0.57% to Rs.1,801.70. Volumes stood at 2921 shares in the last session.CCL Products (India) Ltd saw volume of 2.05 lakh shares by 10:46 IST on BSE, a 47.63 fold spurt over two-week average daily volume of 4294 shares. The stock increased 11.68% to Rs.991.00. Volumes stood at 3392 shares in the last session.Redington Ltd clocked volume of 25.02 lakh shares by 10:46 IST on BSE, a 18.62 times surge over two-week average daily volume of 1.34 lakh shares. The stock gained 11.37% to Rs.278.75. Volumes stood at 1.06 lakh shares in the last session.Astral Ltd clocked volume of 1.98 lakh shares by 10:46 IST on BSE, a 14.86 times surge over two-week average daily volume of 13305 shares. The stock gained 5.23% to Rs.1,544.30. Volumes stood at 16615 shares in the last session.International Gemmological Institute (India) Ltd clocked volume of 3.84 lakh shares by 10:46 IST on BSE, a 13.13 times surge over two-week average daily volume of 29289 shares. The stock gained 9.17% to Rs.365.90. Volumes stood at 40489 shares in the last session.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Spotlight
United Breweries slides after Q2 PAT slumps 65% YoY to Rs 47 cr

Revenue from operations (excluding excise duty) fell 3.02% YoY to Rs 2,052.83 crore in the September 2025 quarter. Profit before tax (PBT) dropped 63.09% to Rs 65.80 crore in Q2 FY26, compared with Rs 178.28 crore posted in the same quarter the previous year. United Breweries faced headwinds in Q2 FY26 due to a stronger-than-usual monsoon and a subdued beer market; however, the company gained market share on a sell-out basis. Overall sell-in volumes declined 3%, while the premium segment recorded 17% growth, continuing to outperform the broader market. Net sales in Q2 fell 3%, as lower volumes and a mid-single-digit price-mix improvement were offset by adverse state- and source-mix effects, taking year-to-date net sales growth to 7%. Total volumes declined 3.4% in Q2, as growth in Maharashtra, Andhra Pradesh and Assam was offset by adverse weather conditions and higher trade inventories. The premium segment volumes increased 17%, supported by robust demand for Kingfisher Ultra, Kingfisher Ultra Max and Heineken Silver. During the quarter, gross profit rose 5% on a year-to-date basis compared with the previous year, while EBIT declined 18%, impacted by negative operating leverage in Q2 and continued investments in brand building. Investments in capital expenditure stood at Rs 293 crore in Q2, higher by Rs 242 crore year-on-year, primarily towards the new greenfield project in Uttar Pradesh and other commercial capex aimed at driving future qualitative growth. As part of its ongoing network optimization and productivity program, the company closed its Mangalore unit earlier this year and continues to implement initiatives to enhance operational efficiency and cost competitiveness. 'We remain optimistic about the industry's long-term growth potential, driven by increasing disposable income, favorable demographics & premiumization,' stated the firm in an exchange filing. United Breweries (UBL) is engaged in the business of manufacturing and selling beer and non-alcoholic beverages.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
United Breweries consolidated net profit declines 64.80% in the September 2025 quarter

Net profit of United Breweries declined 64.80% to Rs 46.52 crore in the quarter ended September 2025 as against Rs 132.17 crore during the previous quarter ended September 2024. Sales declined 3.02% to Rs 2052.83 crore in the quarter ended September 2025 as against Rs 2116.72 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2052.832116.72 -3 OPM %6.3210.73 - PBDT129.89235.43 -45 PBT65.80178.28 -63 NP46.52132.17 -65 Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
United Breweries Ltd soars 1.79%, gains for fifth straight session

United Breweries Ltd is up for a fifth straight session today. The stock is quoting at Rs 1830, up 1.79% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.85% on the day, quoting at 26088.15. The Sensex is at 85287.34, up 1.02%. United Breweries Ltd has gained around 1.86% in last one month. Meanwhile, Nifty FMCG index of which United Breweries Ltd is a constituent, has gained around 3.14% in last one month and is currently quoting at 56609.15, up 0.9% on the day. The volume in the stock stood at 1.25 lakh shares today, compared to the daily average of 1.3 lakh shares in last one month.The PE of the stock is 102.22 based on TTM earnings ending June 25.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
United Breweries to convene board meeting

United Breweries will hold a meeting of the Board of Directors of the Company on 29 October 2025.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
United Breweries relaunches Kalyani Black Label Strong in West Bengal

United Breweries announced the relaunch of Kalyani Black Label Strong in West Bengal. Named after UBL's very first brewery in the country, located on the banks of the river Kalyani, this iconic beer is deeply intertwined with the state's history and culture. Known for its bold strong taste, Kalyani Black Label Strong has been a trusted choice for generations of beer drinkers and the very first beer experience for many in Eastern India. With this relaunch, UBL brings back not only a brand with proud local heritage but also a fresh opportunity for today's consumers to experience it. At a highly attractive price of INR 140 per 650ml bottle, the brand is set to reinvigorate the strong beer category in the state. Kalyani Black Label Strong will be available across leading outlets in West Bengal in 650ml bottles.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
United Breweries Ltd slips for fifth straight session

United Breweries Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1940, down 0.29% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.47% on the day, quoting at 24651.35. The Sensex is at 80880.8, down 0.38%.United Breweries Ltd has added around 0.02% in last one month.Meanwhile, Nifty FMCG index of which United Breweries Ltd is a constituent, has increased around 3.42% in last one month and is currently quoting at 55812.15, up 0.88% on the day. The volume in the stock stood at 32028 shares today, compared to the daily average of 1.72 lakh shares in last one month.The PE of the stock is 110.58 based on TTM earnings ending June 25.Powered by Capital Market - Live

4 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of United Breweries Ltd (UBL) today?

    The share price of UBL as on 5th December 2025 is ₹1679. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on United Breweries Ltd (UBL) share?

    The past returns of United Breweries Ltd (UBL) share are
    • Past 1 week: -0.51%
    • Past 1 month: -6.34%
    • Past 3 months: -7.81%
    • Past 6 months: -16.57%
    • Past 1 year: -13.30%
    • Past 3 years: -2.45%
    • Past 5 years: 55.11%

  3. What are the peers or stocks similar to United Breweries Ltd (UBL)?
  4. What is the dividend yield % of United Breweries Ltd (UBL) share?

    The current dividend yield of United Breweries Ltd (UBL) is 0.59.

  5. What is the market cap of United Breweries Ltd (UBL) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of United Breweries Ltd (UBL) is ₹44771.72 Cr as of 5th December 2025.

  6. What is the 52 week high and low of United Breweries Ltd (UBL) share?

    The 52-week high of United Breweries Ltd (UBL) is ₹2299.70 and the 52-week low is ₹1666.30.

  7. What is the PE and PB ratio of United Breweries Ltd (UBL) stock?

    The P/E (price-to-earnings) ratio of United Breweries Ltd (UBL) is 101.36. The P/B (price-to-book) ratio is 10.25.

  8. Which sector does United Breweries Ltd (UBL) belong to?

    United Breweries Ltd (UBL) belongs to the Consumer Staples sector & Alcoholic Beverages sub-sector.

  9. How to buy United Breweries Ltd (UBL) shares?

    You can directly buy United Breweries Ltd (UBL) shares on Tickertape. Simply sign up, connect your demat account and place your order.