Question 1

What are the key takeaways from United Spirits Limited?

Accepted Answer

United Spirits Q4 FY26: Revenue ₹6,855 Cr (vs ₹6,549 Cr YoY), PAT ₹539 Cr (vs ₹421 Cr YoY) Q4 FY26 results show consolidated revenue from operations of ₹6,855 Cr, up from ₹6,549 Cr in Q4 FY25, with consolidated profit after tax of ₹539 Cr versus ₹421 Cr in Q4 FY25. Profit before tax for Q4 FY26 was ₹658 Cr compared with ₹542 Cr in Q4 FY25, supported by higher Beverage Alcohol segment performance. The quarter included exceptional charge of ₹40 Cr (net) and continued one-off items recognised duri…

Question 2

What were United Spirits Limited's key financial metrics?

Accepted Answer

Revenue from operations (Consolidated) Q4 FY26: ₹6,855 Cr (vs ₹6,549 Cr in Q4 FY25); Profit after tax (Consolidated) Q4 FY26: ₹539 Cr (vs ₹421 Cr in Q4 FY25); Profit before tax (Consolidated) Q4 FY26: ₹658 Cr (vs ₹542 Cr in Q4 FY25); Total segment results / EBITDA (Consolidated) Q4 FY26: ₹542 Cr (vs ₹460 Cr in Q4 FY25)

Question 3

What were the highlights of United Spirits Limited?

Accepted Answer

Consolidated revenue from operations in Q4 FY26 increased to ₹6,855 Cr, driven by higher excise-included volumes and Beverage Alcohol sales compared with ₹6,549 Cr in Q4 FY25. Consolidated profit after tax rose to ₹539 Cr in Q4 FY26 from ₹421 Cr in Q4 FY25, reflecting improved PBT and operating leverage in the core beverage business. Total segment results (EBITDA) for Q4 FY26 were ₹542 Cr, up from ₹460 Cr in Q4 FY25, indicating margin recovery at the segment level. Beverage alcohol segment reve…

Question 4

What is the outlook or guidance for United Spirits Limited?

Accepted Answer

Board approved a final dividend for FY25-26 subject to shareholder approval (amount not specified in disclosed text). Management expects the RCSPL sale to complete within the next 12 months subject to regulatory approvals including CCI and BCCI processes, which would be a material cash / strategic event. Capital expenditure in FY26 included purchases of property, plant and equipment and intangible assets of ₹181 Cr, indicating ongoing investment in capacity and brands.

Question 5

What are the key risks or concerns for United Spirits Limited?

Accepted Answer

Historical inquiry-related regulatory matters remain open (SEBI, ED, AD banks and SFIO notices) and management cannot currently estimate potential financial impact, creating legal and compliance risk. Write-off of loan to UBHL of ₹1,238 Cr (approved March 5, 2026) poses recovery uncertainty and potential future cash flow impact if legal remedies are unsuccessful. Exceptional charges related to the Supply Agility Programme and labour code impact (₹91 Cr for FY26 total; ₹49 Cr labour-code impact)…

United Spirits Limited

Quarterly Results 16

Annual Reports 15

Concalls 35

United Spirits Limited

Quarterly Results 16

Annual Reports 15

Concalls 35