United Spirits Limited

Fast Moving Consumer Goods · Beverages

NSE: UNITDSPR BSE: 532432
₹1354.00
▼ -9.00 (-0.66%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
80/100
Strong
Valuation
24/100
Expensive
Momentum
28/100
Bearish

QVM read Quality, pricey and fading Quality Strong, Valuation Expensive, Momentum Bearish

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

United Spirits Limited (USL) is an Indian alcoholic beverages company, and the world's second-largest spirits company by volume. It is a subsidiary of Diageo, and headquartered at UB Tower in Bangalore, Karnataka. USL exports its products to over 37 countries.

Source: Wikipedia

Key Metrics

Market Capitalization
₹98,483 Cr
PE (TTM)
50.2
Industry median 40.5 (21 companies)
Price to Book
11.0
PEG (TTM)
1.7
Institutions holding %
30.04%
FII + DII, latest filed period
Piotroski Score
5
Relative return vs Nifty50, qtr %
5.8
Relative return vs Sector, qtr %
8.3
Free Cash Flow
₹1,278 Cr
as of March 31, 2026
Industry median ₹-2 Cr (32 companies)
EPS Growth (YoY)
51.55%
as of June 30, 2026
Industry median 15.24% (30 companies)
Net Profit Growth (TTM)
29.40%
as of June 30, 2026
Industry median 6.42% (30 companies)
Operating Revenue Growth (TTM)
4.84%
as of June 30, 2026
Industry median 0.00% (30 companies)
Profit Growth (YoY)
51.55%
as of June 30, 2026
Industry median 4.65% (29 companies)
Revenue Growth (YoY)
4.98%
as of June 30, 2026
Industry median 10.01% (27 companies)
Current Ratio
2.05
as of March 31, 2026
Industry median 1.53 (32 companies)
Debt to Equity
0.00
as of March 31, 2026
Industry median 0.48 (30 companies)
Interest Coverage
18.73
as of June 30, 2026
Industry median 3.50 (30 companies)
Net Margin
6.40%
as of June 30, 2026
Industry median 3.81% (27 companies)
Operating Margin (EBIT)
8.23%
as of June 30, 2026
Industry median 6.47% (28 companies)
Operating Margin (TTM)
9.28%
as of June 30, 2026
Industry median 5.01% (30 companies)
Return on Assets
12.70%
as of March 31, 2026
Industry median 2.14% (30 companies)
Return on Capital Employed
26.98%
as of March 31, 2026
Industry median 7.44% (30 companies)
Return on Equity
20.52%
as of March 31, 2026
Industry median 6.32% (30 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

5 of 8 met
  • Yes Net profit is higher than a year earlier in each of the last 4 quarters
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 5)
  • Yes Debt to equity is below 0.5 (0.00)
  • Yes Return on equity is 15% or more (20.5%)
  • No Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

3 of 3 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (1.2% pledged)

Peer comparison

2 of 3 met
  • Yes 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

1 of 6 met
  • Yes Price sits in the Buy zone of its own historical PE range (Buy Zone)
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
-0.7%
Low 1337.6000 · High 1376.5000
1W return
-6.0%
Low 1337.6000 · High 1442.0000
1M return
-9.1%
Low 1337.6000 · High 1498.9000
52W return
0.5%
Low 1210.8000 · High 1563.4000
Lifetime High ₹1688.5500 (Jan. 2, 2025)
Lifetime Low ₹448.1000 (March 23, 2020)

Full price history and technicals →

EMA & SMA

Bullish0
Bearish6
5D
1383.8
10D
1396.4
20D
1416.4
50D
1433.7
100D
1416.9
200D
1374.9

Delivery and volume

Day avg. delivery
60.7%
Week avg. delivery
74.7%
Month avg. delivery
68.8%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

1356.03
Pivot
First resistance1374.47
Second resistance1394.93
Third resistance1413.37
First support1335.57
Second support1317.13
Third support1296.67
Day RSI33.5
Day MFI17.6
Day MACD-24.65
Day MACD signal-22.49

Beta

1M1.14
3M0.73
1Y0.85
3Y0.70

Price change analysis

↓ -9.1%
Over 1 Month
LowHigh
1337.601498.90
↑ 0.1%
Over 3 Months
LowHigh
1337.601563.40
↑ 8.4%
Over 6 Months
LowHigh
1210.801563.40
↑ 0.5%
Over 1 Year
LowHigh
1210.801563.40
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 50.2 (own history: 48.4–84.6)
Buy Zone
Revenue (June 30, 2026)
₹6,113 Cr
Net profit (June 30, 2026)
₹391 Cr
Basic EPS (June 30, 2026)
₹5.3800

Ranks #2 of 32 in Beverages by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter56.67%
  • Mutual funds15.03%
  • FII/FPI12.89%
  • Other DII2.12%
  • Public13.29%

Largest holders

NameCategoryShares %Shares
Diageo Relay B.V.Promoter55.8800%406447245
HDFC Mutual Fund - Various SchemesPublic4.3400%31536466
USL Benefit TrustPublic2.3800%17295450
Aditya Birla Sun Life Trustee Private Limited A/c - Various SchemesPublic1.9000%13812350
Kotak Mahindra Trustee Co Ltd A/c - Various SchemesPublic1.5800%11491019

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 56.67% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 14.41% to 12.89% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings increased from 13.08% to 15.03% in Jun 2026 qtr

86 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 20 insider trades, 0 SAST, 24 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
7 Aug 2023 United Breweries (Holdings) Limited Promoter Pledge Invoke 0 ₹0
15 Jul 2021 Rossi & Associates Private Limited Promoter group Sell 0 ₹0
28 Feb 2020 Relay B.V. Promoter Buy 0 ₹0
14 Feb 2020 Kingfisher Finvest India Limited Promoter Pledge Invoke 0 ₹0
20 Aug 2019 Relay B.V. Promoter Buy 0 ₹0
22 Jul 2019 United Breweries (Holdings) Limited Promoter Sell 0 ₹0
8 May 2018 Mallya Private Limited Promoter Sell 0 ₹0
8 May 2018 United Breweries (Holdings) Limited Promoter Sell 0 ₹0
8 May 2018 Kingfisher Finvest India Limited Promoter Sell 0 ₹0
8 May 2018 Devi Investments Private Limited Promoter Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
14 Jul 2025 STATE STREET MSCI ACWI EX USA IMI SCREENED NON-LENDING COMMON TRUST FUND Block Sell 92,683 1357.6000 BSE
14 Jul 2025 STATE STREET MSCI ACWI EX USA IMI SCREENED NON-LENDING COMMON TRUST FUND Block Buy 92,683 1357.6000 BSE
6 Nov 2024 PRAZIM TRADING AND INVESTMENT COMPANY PRIVATE LIMITED Block Sell 1,421,589 1456.1500 NSE
6 Nov 2024 PI OPPORTUNITIES AIF V LLP Block Buy 1,421,589 1456.1500 NSE
20 Oct 2023 NORTHERN LIGHTS FUND TRUST III RONDURE NEW WORLD FUND Block Buy 127,406 1045.9500 BSE
20 Oct 2023 RONDURE NEW WORLD FUND Block Sell 127,406 1045.9500 BSE
25 Oct 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 259,385 835.4500 BSE
25 Oct 2022 ISHARES CORE MSCI EMERGING MARKETS ETF Block Buy 259,385 835.4500 BSE
17 Oct 2022 ISHARES CORE MSCI EMERGING MARKETS ETF Block Buy 407,619 823.5000 BSE
17 Oct 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 407,619 823.5000 BSE

All bulk and block deals →

Last 12 months ₹17.00 per share
Dividend yield 1.26%
Ex-dateSubjectPer share (₹)Record date
8 Jul 2026 Dividend - Rs 11 Per Share 11.0000 8 Jul 2026
27 Jan 2026 Interim Dividend - Rs 6 Per Share 6.0000 27 Jan 2026
1 Aug 2025 Dividend - Rs 8 Per Share 8.0000 1 Aug 2025
3 Apr 2025 Interim Dividend - Rs 4 Per Share 4.0000 3 Apr 2025
12 Jul 2024 Dividend - Rs 5 Per Share 5.0000 12 Jul 2024
17 Nov 2023 Interim Dividend - Rs 4 Per Share 4.0000 17 Nov 2023
16 Sep 2013 Annual General Meeting And Dividend Rs.2.50 Per Share 2.5000 —
17 Sep 2012 Annual General Meeting/ Dividend Rs. 2.50 Per Share 2.5000 —
21 Sep 2011 Annual General Meeting And Dividend Rs.2.50 Per Share 2.5000 —
21 Sep 2010 Annual General Meeting And Dividend Rs.2.50 Per Share 2.5000 —

Corporate Actions

Full history (24 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
15 Jun 2018SPLIT Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share
—NAME_CHANGEName changed from McDowell & Company Limited to United Spirits Limited
—NAME_CHANGEName changed from Mcdowell Spirits Ltd. to United Spirits Limited
13 Aug 2019OTHER Annual General Meeting
30 Aug 2018OTHER Annual General Meeting
22 Aug 2017OTHER Annual General Meeting

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
22 Jul 2026 Financial Results Yes
14 May 2026 Financial Results/Dividend Yes
20 Jan 2026 Financial Results/Dividend Yes
30 Oct 2025 Financial Results Yes
13 Aug 2025 Financial Results Yes

Corporate Announcements

All 1372 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
29 Sep 2026 Resignation of Director/KMP/SMP United Spirits Limited has informed the Exchange about Resignation of Director/KMP/SMP
29 Sep 2026 Resignation United Spirits Limited has informed the Exchange regarding Resignation of Senior Management Personnel (SMP).
29 Sep 2026 Company Update United Spirits Ltd - 532432 - Announcement under Regulation 30 (LODR)-Change in Management
28 Sep 2026 Trading Window United Spirits Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
28 Sep 2026 Insider Trading / SAST United Spirits Ltd - 532432 - Closure of Trading Window
18 Sep 2026 General Updates United Spirits Limited has informed the Exchange about an intimation regarding completion of investment in Nuvola Spirits Private Limited
10 Sep 2026 Company Update United Spirits Ltd - 532432 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates United Spirits Limited has informed the Exchange about Schedule of meet
3 Sep 2026 Updates United Spirits Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI Listing Regulations - ESG Ratings'.'.
31 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates United Spirits Limited has informed the Exchange about Schedule of meet

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Low financial leverage (Debt/Equity 0.00)
  • Comfortable interest coverage (18.7x)
  • Healthy liquidity (Current Ratio 2.05)

Weaknesses

Data unavailable.

Opportunities

Data unavailable.

Threats

  • PE above 35 (50.2) -- priced for continued strong execution

Single-stock futures and a real listed options chain available for this stock -- OI buildup, PCR, Max Pain and Greeks are all on the full F&O page.

Part of: NIFTY 100, NIFTY 200, NIFTY 200, NIFTY 500, NIFTY 500, NIFTY FMCG, NIFTY FMCG, NIFTY MIDCAP 100, NIFTY MIDCAP 150, NIFTY MIDCAP 50, NIFTY MNC, NIFTY MNC, NIFTY NEXT 50

Frequently asked questions about United Spirits Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.