UNITED SPIRITS vs UNITED BREWERIES - Comparison Results
Current Valuations
| UNITED SPIRITS | UNITED BREWERIES | UNITED SPIRITS/ UNITED BREWERIES |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 65.5 | 92.0 | 71.2% | View Chart |
| P/BV | x | 12.4 | 8.1 | 153.3% | View Chart |
| Dividend Yield | % | 1.1 | 0.7 | 153.9% |
Financials
 UNITED SPIRITS  UNITED BREWERIES |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| UNITED SPIRITS Mar-26 |
UNITED BREWERIES Mar-26 |
UNITED SPIRITS/ UNITED BREWERIES |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 1,645 | 2,291 | 71.8% | |
| Low | Rs | 1,213 | 1,401 | 86.6% | |
| Sales per share (Unadj.) | Rs | -39.6 | 38.4 | -103.1% | |
| Earnings per share (Unadj.) | Rs | 23.5 | 15.6 | 150.3% | |
| Cash flow per share (Unadj.) | Rs | 27.5 | 25.9 | 106.0% | |
| Dividends per share (Unadj.) | Rs | 17.00 | 10.00 | 170.0% | |
| Avg Dividend yield | % | 1.2 | 0.5 | 219.6% | |
| Book value per share (Unadj.) | Rs | 123.1 | 170.8 | 72.1% | |
| Shares outstanding (eoy) | m | 727.35 | 264.41 | 275.1% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | -36.1 | 48.0 | -75.1% | |
| Avg P/E ratio | x | 60.8 | 118.1 | 51.5% | |
| P/CF ratio (eoy) | x | 52.0 | 71.2 | 73.0% | |
| Price / Book Value ratio | x | 11.6 | 10.8 | 107.4% | |
| Dividend payout | % | 72.4 | 64.0 | 113.1% | |
| Avg Mkt Cap | Rs m | 1,039,439 | 488,131 | 212.9% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 6,350 | 7,622 | 83.3% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | -28,820 | 10,164 | -283.6% | |
| Other income | Rs m | 4,780 | 452 | 1,058.2% | |
| Total revenues | Rs m | -24,040 | 10,616 | -226.5% | |
| Gross profit | Rs m | 21,880 | 8,608 | 254.2% | |
| Depreciation | Rs m | 2,890 | 2,720 | 106.3% | |
| Interest | Rs m | 1,580 | 717 | 220.3% | |
| Profit before tax | Rs m | 22,190 | 5,623 | 394.6% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 5,100 | 1,489 | 342.5% | |
| Profit after tax | Rs m | 17,090 | 4,134 | 413.4% | |
| Gross profit margin | % | -75.9 | 84.7 | -89.6% | |
| Effective tax rate | % | 23.0 | 26.5 | 86.8% | |
| Net profit margin | % | -59.3 | 40.7 | -145.8% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 104,470 | 62,262 | 167.8% | |
| Current liabilities | Rs m | 54,030 | 50,332 | 107.3% | |
| Net working cap to sales | % | -175.0 | 117.4 | -149.1% | |
| Current ratio | x | 1.9 | 1.2 | 156.3% | |
| Inventory Days | Days | -418 | 356 | -117.5% | |
| Debtors Days | Days | -46 | 10,572 | -0.4% | |
| Net fixed assets | Rs m | 36,220 | 35,518 | 102.0% | |
| Share capital | Rs m | 1,450 | 264 | 548.4% | |
| "Free" reserves | Rs m | 88,070 | 44,897 | 196.2% | |
| Net worth | Rs m | 89,520 | 45,162 | 198.2% | |
| Long term debt | Rs m | 0 | 0 | - | |
| Total assets | Rs m | 147,700 | 97,779 | 151.1% | |
| Interest coverage | x | 15.0 | 8.8 | 170.2% | |
| Debt to equity ratio | x | 0 | 0 | - | |
| Sales to assets ratio | x | -0.2 | 0.1 | -187.7% | |
| Return on assets | % | 12.6 | 5.0 | 254.8% | |
| Return on equity | % | 19.1 | 9.2 | 208.6% | |
| Return on capital | % | 26.6 | 14.0 | 189.1% | |
| Exports to sales | % | -6.4 | 0 | - | |
| Imports to sales | % | -47.7 | 49.8 | -95.7% | |
| Exports (fob) | Rs m | 1,850 | NA | - | |
| Imports (cif) | Rs m | 13,750 | 5,066 | 271.4% | |
| Fx inflow | Rs m | 1,850 | 2,927 | 63.2% | |
| Fx outflow | Rs m | 13,750 | 5,066 | 271.4% | |
| Net fx | Rs m | -11,900 | -2,139 | 556.4% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 14,590 | 4,350 | 335.4% | |
| From Investments | Rs m | -4,280 | -4,091 | 104.6% | |
| From Financial Activity | Rs m | -14,500 | 915 | -1,584.5% | |
| Net Cashflow | Rs m | -4,190 | 1,182 | -354.6% | |
Share Holding
| Indian Promoters | % | 0.8 | 9.3 | 8.5% | |
| Foreign collaborators | % | 55.9 | 61.5 | 90.8% | |
| Indian inst/Mut Fund | % | 30.1 | 23.8 | 126.2% | |
| FIIs | % | 12.9 | 4.9 | 264.7% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 43.3 | 29.2 | 148.5% | |
| Shareholders | 293,859 | 93,908 | 312.9% | ||
| Pledged promoter(s) holding | % | 84.6 | 94.3 | 89.7% |
Compare UNITED SPIRITS With: RADICO KHAITAN G.M. BREWERIES TILAKNAGAR IND. GLOBUS SPIRITS GULSHAN POLYOLS
More on United Spirits vs UNITED BREWERIES
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
United Spirits vs UNITED BREWERIES Share Price Performance
| Period | United Spirits | UNITED BREWERIES |
|---|---|---|
| 1-Day | -0.26% | -1.04% |
| 1-Month | 9.65% | 1.86% |
| 1-Year | 15.31% | -28.58% |
| 3-Year CAGR | 15.49% | -3.67% |
| 5-Year CAGR | 18.29% | -0.15% |
* Compound Annual Growth Rate
Here are more details on the United Spirits share price and the UNITED BREWERIES share price.
Moving on to shareholding structures...
The promoters of United Spirits hold a 56.7% stake in the company. In case of UNITED BREWERIES the stake stands at 70.8%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of United Spirits and the shareholding pattern of UNITED BREWERIES.
Finally, a word on dividends...
In the most recent financial year, United Spirits paid a dividend of Rs 17.0 per share. This amounted to a Dividend Payout ratio of 72.4%.
UNITED BREWERIES paid Rs 10.0, and its dividend payout ratio stood at 64.0%.
You may visit here to review the dividend history of United Spirits, and the dividend history of UNITED BREWERIES.
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