United Spirits Ltd
NSE: UNITDSPR BSE: 532432
₹1419.30
+38.40 (2.78%)
Fri, 13 Nov 2026, 09:08 pm
Market Cap (in Cr)100301.69
PE Ratio61.04
Dividend1.23
United Spirits Analysis
dividend
Pros
Cons
- Unable to calculate sustainability of dividends as United Spirits has not reported any payouts.
- No need to calculate the sustainability of United Spirits's dividends in 3 years as they are not expected to pay a notable one for India.
- Unable to evaluate United Spirits's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate United Spirits's dividend against the top 25% market benchmark as the company has not reported any payouts.
future
Pros
- United Spirits's earnings are expected to grow significantly at over 20% yearly.
- United Spirits's earnings growth is expected to exceed the India market average.
- United Spirits's earnings growth is expected to exceed the low risk savings rate of 7.2%.
- United Spirits's earnings are expected to increase by more than the low risk growth rate in 3 years time.
- United Spirits's net income is expected to increase by more than 50% in 2 years time.
- United Spirits is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
- Performance (ROE) is expected to be above the current IN Beverage industry average.
- An improvement in United Spirits's performance (ROE) is expected over the next 3 years.
Cons
- Cash flow for United Spirits is expected to increase but not above the 50% threshold in 2 years time.
- United Spirits's earnings are expected to increase but not above the low risk growth rate next year.
- United Spirits's revenue is expected to increase but not above the 50% threshold in 2 years time.
- United Spirits's revenue is expected to grow by 5.3% yearly, however this is not considered high growth (20% yearly).
- United Spirits's revenue growth is positive but not above the India market average.
health
Pros
- United Spirits is profitable, therefore cash runway is not a concern.
- United Spirits is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (48.3%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 3x debt.
- United Spirits's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (746.9% vs 44% today).
- Interest payments on debt are well covered by earnings (EBIT is 6.1x coverage).
Cons
- United Spirits's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- United Spirits's level of debt (44%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
Pros
- The tenure for the United Spirits board of directors is about average.
- Anand's compensation has been consistent with company performance over the past year, both up more than 20%.
- The average tenure for the United Spirits management team is over 5 years, this suggests they are a seasoned and experienced team.
Cons
- Anand's remuneration is higher than average for companies of similar size in India.
misc
Pros
Cons
- United Spirits has significant price volatility in the past 3 months.
past
Pros
- United Spirits has delivered over 20% year on year earnings growth in the past 5 years.
- United Spirits used its assets more efficiently than the IN Beverage industry average last year based on Return on Assets.
- United Spirits has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Cons
- United Spirits's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- United Spirits has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- United Spirits's 1-year earnings growth is negative, it can't be compared to the IN Beverage industry average.
value
Pros
- MCDOWELL-N outperformed the Beverage industry which returned -1.3% over the past year.
- MCDOWELL-N outperformed the Market in India which returned -14.5% over the past year.
- NSEI:MCDOWELL-N is up 11.8% outperforming the Beverage industry which returned 9.9% over the past month.
- NSEI:MCDOWELL-N is up 11.8% outperforming the market in India which returned 8% over the past month.
Cons
- United Spirits's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- United Spirits's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- United Spirits is overvalued based on assets compared to the IN Beverage industry average.
- United Spirits is poor value based on expected growth next year.
- United Spirits is overvalued based on earnings compared to the IN Beverage industry average.
- United Spirits is overvalued based on earnings compared to the India market.