UBL
Large CapUnited Breweries Limited
Consumer
United Breweries Limited operates in Alcoholic Beverages, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Weak fundamentals, management trust is supportive, price trend argues for patience, and recent execution is mixed.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/4 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Bad · 0/100Rev -3% YoY · margin compression · PAT +4% YoY · +9% QoQ · operating leverage
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2,250 Cr | -3.1% | +8.5% |
| EBITDA | ₹139 Cr | -25.7% | -38.5% |
| Operating margin | 6.0% | -200 bps | -500 bps |
| PAT | ₹102 Cr | +4.1% | +25.9% |
| PAT margin | 4.5% | +31 bps | +62 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Issuer evidence available
United Breweries Limited operates in Alcoholic Beverages, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Management claims from the latest issuer document are tracked in the accountability section below.
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Extracted source claims
We remain optimistic about the long-term growth potential of the beer category, driven by increasing disposable income, favorable demographics & premiumization.
"optimistic about the long-term growth potential of the beer category"
Volatility in inflationary pressures will remain.
"volatility will remain"
We continue to focus on revenue management and cost initiatives to drive margin accretion.
"drive margin accretion"
Building further category growth while driving the share of premium in our portfolio remains a key focus.
"driving the share of premium in our portfolio remains a key focus"
Trend score and candlestick chart
42NeutralSMA20 -14.6% / mo · near 52W low
Technical chart
UBLdaily · 5Y-25.6%Technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 41. Wait for confirmation.
- SMA20 falling (~9.3% over last month) — short-term momentum negative.
- RSI(14) at 41 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation, score drivers, trust methodology, financials, and peers
Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.
Fundamental score breakdown
WATCHLISTWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 11/15 to the score.
- Growth contributes 12/25 to the score.
Main drags
- Fair-value margin of safety is negative at -9.3%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 1/30; verify the latest quarterly trend.
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Healthy Trust: Claim history is still being built. It ranks around the 79th percentile of the scored universe and 80th percentile within Consumer. No major sub-score weakness stands out.
High Trust Lite: Promoter holding is 70.8%. Key concern: 1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Generally investable credibility. Look for weak sub-scores before increasing position size.
overall median 67 · Consumer: 80th pctile, median 67 · Large: 58th pctile, median 74
79 documents indexed, but claim history is not strong enough yet.
4 claims extracted · No contradicted claim yet
How to read this Trust Score
Healthy Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 70.8%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 0.1%.
- ▸9 years of positive FCF.
Trust risks
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Intrinsic value
Fundamentals
Valuation
- P/E
- 93.00
- P/B
- 7.68
- EV/EBITDA
- 33.49
- Market Cap
- 34784.00Cr
Profitability
- ROE
- 8.42%
- ROCE
- 10.70%
- ROA
- 4.26%
- Dividend Y
- 0.76%
Growth (CAGR)
- Revenue 5Y
- 17.00%
- EPS 5Y
- 26.00%
- Revenue 3Y
- 7.00%
- EPS 3Y
- 5.00%
Balance Sheet
- Debt/Equity
- 0.29
- Interest Coverage
- 11.19×
- Altman Z
- 6.08
- Book Value
- 171.00
Cash Flow
- FCF Yield
- 0.07%
- FCF Positive Y
- 9/5
- OCF
- 435.00 Cr
- EPS TTM
- 15.63
Shareholding
- Promoter Hold
- 70.84%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 4%
Financial History
Updated 9/6/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.