UNITED BREWERIES LTD (UBL) financials

UNITED BREWERIES LTD (UBL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages.[1]

Market Cap: ₹31,723Cr.
Current Price: ₹1,200
Stock P/E: 91.7
ROE: 7.70%
ROCE: 10.7%
Book Value: ₹171
Dividend Yield: 0.83%
52W High / Low: ₹1,846/1,140

In Jun 2026, UNITED BREWERIES LTD (UBL) reported sales ₹3,065 Cr and net profit ₹166 Cr.

Annual TTM: sales ₹9,435 Cr, net profit ₹396 Cr.

Shareholding: Promoters 70.84% (Sep 2026), FIIs 5.36% (Sep 2026), DIIs 17.27% (Sep 2026), Government 1.16% (Sep 2026), Public 5.37% (Sep 2026).

UBL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	2,115	1,998	2,321	2,862	2,051	2,071	2,248	3,065
Expenses	1,888	1,857	2,135	2,552	1,921	1,846	2,109	2,782
Operating Profit	227	141	186	311	130	225	139	283
OPM %	11%	7%	8%	11%	6%	11%	6%	9%
Other Income	11	-16	8	11	15	-8	82	51
Interest	2	3	6	11	15	17	29	23
Depreciation	57	61	57	63	64	69	76	86
Profit before tax	178	61	132	247	67	132	116	225
Tax %	26%	37%	26%	26%	29%	39%	12%	26%
Net Profit	132	38	97	184	47	81	102	166
EPS in Rs	5.00	1.45	3.68	6.95	1.78	3.06	3.85	6.29
Raw PDF	—	—	—	—	—	—	—	—

UBL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	6,505	4,241	5,832	7,492	8,115	8,907	9,233	9,435
Expenses	5,630	3,861	5,137	6,877	7,420	8,068	8,427	8,658
Operating Profit	874	380	695	614	695	839	805	777
OPM %	13%	9%	12%	8%	9%	9%	9%	8%
Other Income	9	43	30	16	73	10	100	140
Interest	31	23	15	5	7	13	72	84
Depreciation	285	232	217	210	212	233	272	294
Profit before tax	567	168	493	415	549	603	562	539
Tax %	25%	33%	26%	27%	25%	27%	26%	—
Net Profit	427	113	365	303	409	441	413	396
EPS in Rs	16.16	4.27	13.80	11.48	15.48	16.69	15.63	14.98
Dividend Payout %	15%	12%	76%	65%	65%	60%	64%	—

UBL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	26	26	26	26	26	26	26	26
Reserves	3,155	3,492	3,553	3,906	3,935	4,148	4,333	4,491
Borrowings	211	252	262	10	16	102	620	1,317
Other Liabilities	1,985	1,774	2,003	1,999	2,294	2,767	3,232	3,847
Total Liabilities	5,379	5,544	5,845	5,941	6,271	7,043	8,212	9,681
Fixed Assets	1,752	1,901	1,942	1,905	1,843	1,768	1,740	2,041
CWIP	190	199	128	110	77	173	251	509
Investments	26	26	14	16	16	16	16	15
Other Assets	3,411	3,418	3,761	3,910	4,335	5,087	6,205	7,115
Total Assets	5,379	5,544	5,845	5,941	6,271	7,043	8,212	9,681

UBL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	644	507	619	899	-121	77	212	436
Cash from Investing Activity	-430	-402	-151	-160	-120	-148	-237	-409
Cash from Financing Activity	-198	-95	-88	-286	-292	-130	237	92
Net Cash Flow	17	10	380	453	-533	-201	212	119
Free Cash Flow	208	104	470	727	-275	-113	-43	4
CFO/OP	91%	80%	185%	148%	3%	31%	48%	81%

UBL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	70.84%	70.84%	70.84%	70.84%	70.84%	70.84%	70.84%	70.84%
FIIs	6.43%	6.92%	6.73%	6.26%	5.50%	4.94%	4.87%	5.36%
DIIs	16.52%	16.17%	16.37%	16.68%	17.45%	18.08%	17.79%	17.27%
Government	1.16%	1.16%	1.16%	1.16%	1.16%	1.16%	1.16%	1.16%
Public	5.06%	4.93%	4.92%	5.07%	5.07%	4.99%	5.37%	5.37%
No. of Shareholders	68,483	68,802	71,177	78,877	81,332	79,464	93,908	95,495

UBL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	85	76	120	79	69	104	117	116
Inventory Days	323	310	555	300	318	296	325	430
Days Payable	185	154	308	204	160	206	294	360
Cash Conversion Cycle	223	231	368	174	227	195	148	186
Working Capital Days	48	50	62	31	49	62	50	24
ROCE %	28%	17%	5%	13%	11%	13%	14%	11%

UBLUpdated 14 Oct 2026, 4:50

United Breweries Ltd

UBLUpdated 14 Oct 2026, 4:50

Market Cap

₹31,723Cr.

Current Price

₹1,200

High / Low

₹1,846/1,140

Stock P/E

91.7

ROE7.70%

ROCE10.7%

Book Value₹171

Face Value₹1.00

Dividend Yield0.83%

About

United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	2273	2	2050	10	51	180	24	136	5.15
Sep 2023	1888	1	1703	12	51	145	26	108	4.07
Dec 2023	1823	2	1677	24	52	116	27	85	3.21
Mar 2024	2132	2	1990	26	58	109	26	81	3.06
Jun 2024	2473	2	2188	7	58	233	26	173	6.55
Sep 2024	2115	2	1888	11	57	178	26	132	5
Dec 2024	1998	3	1857	-16	61	61	37	38	1.45
Mar 2025	2321	6	2135	8	57	132	26	97	3.68
Jun 2025	2862	11	2552	11	63	247	26	184	6.95
Sep 2025	2051	15	1921	15	64	67	29	47	1.78
Dec 2025	2071	17	1846	-8	69	132	39	81	3.06
Mar 2026	2248	29	2109	82	76	116	12	102	3.85
Jun 2026	3065	23	2782	51	86	225	26	166	6.29

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	4692	73	4071	37	207	378	31	260	9.82
Mar 2016	4839	81	4109	48	244	453	34	298	11.27
Mar 2017	4734	59	4093	52	287	347	34	229	8.67
Mar 2018	5629	48	4727	12	260	607	35	394	14.9
Mar 2019	6472	31	5335	32	260	878	36	563	21.28
Mar 2020	6505	31	5630	9	285	567	25	427	16.16
Mar 2021	4241	23	3861	43	232	168	33	113	4.27
Mar 2022	5832	15	5137	30	217	493	26	365	13.8
Mar 2023	7492	5	6877	16	210	415	27	303	11.48
Mar 2024	8115	7	7420	73	212	549	25	409	15.48
Mar 2025	8907	13	8068	10	233	603	27	441	16.69
Mar 2026	9233	72	8427	100	272	562	26	413	15.63
TTM	9435	84	8658	140	294	539	—	396	14.98

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	70.84%
FIIs	5.36%
DIIs	17.27%
Government	1.16%
Public	5.37%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	70.84%	6.71%	16.06%	1.16%	5.22%
Mar 2024	70.84%	6.63%	16.12%	1.16%	5.25%
Jun 2024	70.84%	6.43%	16.38%	1.16%	5.19%
Sep 2024	70.84%	6.26%	16.62%	1.16%	5.13%
Dec 2024	70.84%	6.43%	16.52%	1.16%	5.06%
Mar 2025	70.84%	6.92%	16.17%	1.16%	4.93%
Jun 2025	70.84%	6.73%	16.37%	1.16%	4.92%
Sep 2025	70.84%	6.26%	16.68%	1.16%	5.07%
Dec 2025	70.84%	5.5%	17.45%	1.16%	5.07%
Mar 2026	70.84%	4.94%	18.08%	1.16%	4.99%
Jun 2026	70.84%	4.87%	17.79%	1.16%	5.37%
Sep 2026	70.84%	5.36%	17.27%	1.16%	5.37%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	26	1823	836	1195	3881	1811	90	25	1954	3881
Mar 2016	26	2119	806	1410	4362	1797	61	25	2478	4362
Mar 2017	26	2306	594	1547	4474	1726	137	26	2586	4474
Mar 2018	26	2662	312	1719	4719	1705	72	26	2916	4719
Mar 2019	26	3155	211	1985	5379	1752	190	26	3411	5379
Mar 2020	26	3492	252	1774	5544	1901	199	26	3418	5544
Mar 2021	26	3553	262	2003	5845	1942	128	14	3761	5845
Mar 2022	26	3906	10	1999	5941	1905	110	16	3910	5941
Mar 2023	26	3935	16	2294	6271	1843	77	16	4335	6271
Mar 2024	26	4148	102	2767	7043	1768	173	16	5087	7043
Mar 2025	26	4333	620	3232	8212	1740	251	16	6205	8212
Mar 2026	26	4491	1317	3847	9681	2041	509	15	7115	9681

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	839	-327	-572	-60
Mar 2016	539	-245	-297	-3
Mar 2017	544	-234	-301	9
Mar 2018	562	-196	-363	3
Mar 2019	644	-430	-198	17
Mar 2020	507	-402	-95	10
Mar 2021	619	-151	-88	380
Mar 2022	899	-160	-286	453
Mar 2023	-121	-120	-292	-533
Mar 2024	77	-148	-130	-201
Mar 2025	212	-237	237	212
Mar 2026	436	-409	92	119

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	75	84	100	97	85	76	120	79	69	104	117	116
Inventory Days	276	322	326	265	323	310	555	300	318	296	325	430
Days Payable	170	196	200	172	185	154	308	204	160	206	294	360
Cash Conversion Cycle	182	211	226	190	223	231	368	174	227	195	148	186
Working Capital Days	23	21	34	53	48	50	62	31	49	62	50	24
ROCE %	16%	19%	14%	22%	28%	17%	5%	13%	11%	13%	14%	11%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of UNITED BREWERIES LTD (UBL)?

The reported market capitalisation for UNITED BREWERIES LTD (UBL) is ₹31,723Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of UBL?

The current price shown for UNITED BREWERIES LTD (UBL) on Fincrux is ₹1,200 with a 52-week high/low of ₹1,846/1,140.

What is the P/E ratio of UNITED BREWERIES LTD (UBL)?

The stock P/E for UNITED BREWERIES LTD (UBL) is 91.7 on Fincrux, with ROE at 7.70% and ROCE at 10.7%.

What were UBL latest quarterly results?

For Jun 2026, UNITED BREWERIES LTD (UBL) reported sales ₹3,065 Cr and net profit ₹166 Cr (figures in ₹ crore unless noted).

What are UBL annual sales and net profit?

For TTM, UNITED BREWERIES LTD (UBL) shows sales of ₹9,435 Cr and net profit of ₹396 Cr on the Fincrux profit & loss statement.

Who owns UNITED BREWERIES LTD (UBL)?

Latest shareholding for UNITED BREWERIES LTD (UBL) on Fincrux: Promoters 70.84% (Sep 2026), FIIs 5.36% (Sep 2026), DIIs 17.27% (Sep 2026), Government 1.16% (Sep 2026), Public 5.37% (Sep 2026).

Where can I find UNITED BREWERIES LTD (UBL) financials?

UNITED BREWERIES LTD (UBL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show UBL balance sheet and cash flow?

Yes. The UNITED BREWERIES LTD (UBL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 14 October 2026 at 4:50