United Breweries (UBL.NS) Stock Price

United Breweries Price

🇮🇳NSE·CLOSED
1,335.70INR
Market closed
Today +/-
Today %

United Breweries (UBL.NS) Stock | ISIN INE686F01025. The current United Breweries stock price is 1,335.7 INR (2026). Revenue is 97.09 B INR. Net income is 5.14 B INR. The P/E ratio is 68.77. Market capitalization is 353.17 B INR. United Breweries operates in the Non-cyclical consumption sector.

Revenue has compounded at 18.3% per year over the past 19 years to 194.09 B INR. Earnings per share have grown at 12.1% per year over the last 18 years. United Breweries's net margin stands at 2.3%, up from 1.1% several years earlier. United Breweries currently offers a dividend yield of about 0.75%. The payout ratio is around 50% of earnings. The dividend has grown at 30% per year over the past 16 years.

United Breweries stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of United Breweries over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how United Breweries stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing United Breweries's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

United Breweries Stock Price History
DateUnited Breweries Price
Access this data via the Eulerpool API

United Breweries Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
7.99 B INR
798 M INR
-201 M INR
Jan 1, 2007
12.06 B INR
1.03 B INR
466 M INR
Jan 1, 2008
15.61 B INR
1.13 B INR
455 M INR
Jan 1, 2009
19.3 B INR
1.38 B INR
369 M INR
Jan 1, 2010
22.76 B INR
1.31 B INR
810 M INR
Jan 1, 2011
30.6 B INR
2.6 B INR
1.39 B INR
Jan 1, 2012
35.59 B INR
2.63 B INR
1.24 B INR
Jan 1, 2013
38.99 B INR
3.07 B INR
1.7 B INR
Jan 1, 2014
42.3 B INR
4 B INR
2.23 B INR
Jan 1, 2015
46.88 B INR
4.15 B INR
2.57 B INR
Jan 1, 2016
96.41 B INR
4.91 B INR
2.98 B INR
Jan 1, 2017
102.3 B INR
3.67 B INR
2.3 B INR
Jan 1, 2018
124.31 B INR
6.48 B INR
3.94 B INR
Jan 1, 2019
141.4 B INR
8.99 B INR
5.63 B INR
Jan 1, 2020
146.51 B INR
5.97 B INR
4.28 B INR

United Breweries Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 17, 2026, 7:06 AM
 
REVENUE (B INR)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B INR)
NET INCOME (B INR)
NET INCOME GROWTH (%)
DIV. (INR)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
20222023202420252026e2027e2028e2029e
131.24166.51183.8194.0997.09109.68121.74138.59
28.8526.8810.385.6-49.9812.9710.9913.84
19.4817.4816.9818.0236.0231.8828.7325.23
25.5729.1131.2134.9734.9734.9734.9734.97
3.663.044.14.425.147.819.8810.99
222.88-16.8534.917.7116.2852.1326.4211.28
10.57.510101013.0616.96-
2,000-28.5733.3330.629.86
264264.41264.41264.41264.41264.41264.41264.41
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales United Breweries generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue United Breweries retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare United Breweries's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares United Breweries has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against United Breweries's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

United Breweries stock margins

The United Breweries margin analysis displays the gross margin, EBIT margin, as well as the profit margin of United Breweries. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for United Breweries.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
45.8 %
9.99 %
-2.52 %
Jan 1, 2007
43.1 %
8.5 %
3.86 %
Jan 1, 2008
36.88 %
7.24 %
2.92 %
Jan 1, 2009
47.8 %
7.14 %
1.91 %
Jan 1, 2010
38.25 %
5.74 %
3.56 %
Jan 1, 2011
50.25 %
8.48 %
4.54 %
Jan 1, 2012
49.51 %
7.39 %
3.48 %
Jan 1, 2013
52.9 %
7.88 %
4.35 %
Jan 1, 2014
53.85 %
9.45 %
5.28 %
Jan 1, 2015
54.63 %
8.84 %
5.49 %
Jan 1, 2016
25.41 %
5.09 %
3.09 %
Jan 1, 2017
22.69 %
3.58 %
2.24 %
Jan 1, 2018
21.94 %
5.21 %
3.17 %
Jan 1, 2019
22.74 %
6.35 %
3.98 %
Jan 1, 2020
20.93 %
4.07 %
2.92 %

United Breweries Stock Revenue, EBIT, Earnings per Share

The United Breweries earnings per share therefore indicates how much revenue United Breweries has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
36.82 INR
3.68 INR
-0.93 INR
Jan 1, 2007
55.57 INR
4.72 INR
2.15 INR
Jan 1, 2008
72.26 INR
5.23 INR
2.11 INR
Jan 1, 2009
82.11 INR
5.86 INR
1.57 INR
Jan 1, 2010
94.81 INR
5.44 INR
3.38 INR
Jan 1, 2011
115.9 INR
9.83 INR
5.26 INR
Jan 1, 2012
134.82 INR
9.97 INR
4.7 INR
Jan 1, 2013
147.68 INR
11.64 INR
6.42 INR
Jan 1, 2014
160.22 INR
15.13 INR
8.46 INR
Jan 1, 2015
177.58 INR
15.7 INR
9.74 INR
Jan 1, 2016
365.2 INR
18.59 INR
11.3 INR
Jan 1, 2017
387.49 INR
13.88 INR
8.7 INR
Jan 1, 2018
470.86 INR
24.54 INR
14.93 INR
Jan 1, 2019
535.6 INR
34.03 INR
21.32 INR
Jan 1, 2020
554.97 INR
22.61 INR
16.2 INR

United Breweries business model & stock analysis

United Breweries Ltd is an Indian company that specializes in the production of beer and alcoholic beverages. The company was founded in 1857 and is headquartered in Bangalore, India. It operates six breweries in India with an annual capacity of over 120 million hectoliters. The company has a wide range of products including beer, spirits, and non-alcoholic beverages. Some of its popular brands include Kingfisher, Heineken, and Four Seasons. United Breweries Ltd is a significant contributor to the Indian economy, employing over 10,000 people and supporting social and cultural activities.

United Breweries SWOT Analysis

Strengths

United Breweries Ltd has a strong brand presence in the alcoholic beverages industry.

The company has a wide range of popular beer and spirit brands in its portfolio.

Weaknesses

United Breweries Ltd heavily relies on the Indian market, which makes it vulnerable to economic fluctuations and government regulations.

The company faces intense competition from both domestic and international players in the industry.

Opportunities

The growing middle class in India presents a significant opportunity for increased beer consumption.

Expansion into untapped international markets can help United Breweries Ltd diversify its revenue sources.

Threats

Stringent government regulations regarding alcohol advertising and distribution can impact the company's growth prospects.

Changing consumer preferences towards healthier lifestyle choices may result in a decline in alcohol consumption.

United Breweries Eulerpool Fair Value

United Breweries historical P/E ratio, EBIT multiple, and P/S ratio

United Breweries annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

United Breweries shares outstanding

The number of shares was United Breweries in 2025 — This indicates how many shares 264.405 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
217 M base_Shares
Jan 1, 2007
217 M base_Shares
Jan 1, 2008
216 M base_Shares
Jan 1, 2009
235 M base_Shares
Jan 1, 2010
240 M base_Shares
Jan 1, 2011
264 M base_Shares
Jan 1, 2012
264 M base_Shares
Jan 1, 2013
264 M base_Shares
Jan 1, 2014
264 M base_Shares
Jan 1, 2015
264 M base_Shares
Jan 1, 2016
264 M base_Shares
Jan 1, 2017
264 M base_Shares
Jan 1, 2018
264 M base_Shares
Jan 1, 2019
264 M base_Shares
Jan 1, 2020
264 M base_Shares

United Breweries Dividend History

17 years of dividend payments

YearAnnual DividendYoY ChangePayments
202510INR 0.0%
Jul 31, 202510INR 0.0%1/1
202410INR 33.3%
20237.5INR 28.6%
202210.5INR 2000.0%
20210.5INR 80.0%
20202.5INR 0.0%
20192.5INR 25.0%
20182INR 73.9%
20171.15INR 0.0%
20161.15INR 15.0%

United Breweries dividend history and estimates

In 2025, United Breweries paid a dividend amounting to 10 INR. Dividend means that United Breweries distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
0 INR
0.15 INR
Invalid Date
0.36 INR
-0.06 INR
Jan 1, 2011
0.6 INR
0 INR
Jan 1, 2012
0.7 INR
0 INR
Jan 1, 2013
0.7 INR
0 INR
Jan 1, 2014
0.9 INR
0 INR
Jan 1, 2015
1 INR
0 INR
Jan 1, 2016
1.15 INR
0 INR
Jan 1, 2017
1.15 INR
0 INR
Jan 1, 2018
2 INR
0 INR
Jan 1, 2019
2.5 INR
0 INR
Jan 1, 2020
2.5 INR
0 INR
Jan 1, 2021
0.5 INR
0 INR
Jan 1, 2022
10.5 INR
0 INR
Jan 1, 2023
7.5 INR
0 INR

United Breweries dividend payout ratio

In 2025, United Breweries had a payout ratio of 50.27%. The payout ratio indicates the percentage of the company's profits that United Breweries distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
34.33 %
Jan 1, 2007
34.33 %
Jan 1, 2008
34.33 %
Jan 1, 2009
9.55 %
Jan 1, 2010
10.68 %
Jan 1, 2011
11.39 %
Jan 1, 2012
14.93 %
Jan 1, 2013
10.92 %
Jan 1, 2014
10.65 %
Jan 1, 2015
10.28 %
Jan 1, 2016
10.2 %
Jan 1, 2017
13.25 %
Jan 1, 2018
13.4 %
Jan 1, 2019
11.73 %
Jan 1, 2020
15.43 %
Price targets and forecasts for United Breweries are not yet available.

EESG©

Eulerpool ESG Scorecard© for the United Breweries stock

69/100
84
Environment
78
Social
47
Governance
E

Environment

20
Scope 1 - Direct Emissions13,828.26
Scope 2 - Indirect emissions from purchased energy15,298.61
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions29,126.87
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees9.843
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

United Breweries shareholder structure

% Name
34.03676%
Carlsberg Chongqing Ltd.
Carlsberg Chongqing Ltd.
27.48024%
Heineken Holding NV
Heineken Holding NV
8.0761%
Mallya (Vijay)
Mallya (Vijay)
4.45113%
SBI Funds Management Pvt. Ltd.
SBI Funds Management Pvt. Ltd.
2.68884%
ICICI Prudential Asset Management Co. Ltd.
ICICI Prudential Asset Management Co. Ltd.
2.03617%
Nippon Life India Asset Management Limited
Nippon Life India Asset Management Limited
1.23825%
Kamsco Industries Pvt. Ltd.
Kamsco Industries Pvt. Ltd.
1.23007%
Derive Trading Pvt. Ltd.
Derive Trading Pvt. Ltd.
1.14519%
Aditya Birla Sun Life AMC Limited
Aditya Birla Sun Life AMC Limited
0.93797%
Kotak Mahindra Asset Management Company Limited
Kotak Mahindra Asset Management Company Limited
...

United Breweries Executives and Management Board

RS

Mr. Radovan Sikorsky

Additional Non-Executive Non-Independent Director · since 2022

Compensation96.02 M INR
VG

Mr. Vivek Gupta

(48)

Chief Executive Officer, Managing Director, Executive Director · since 2023

Compensation76.68 M INR
GV

Ms. Geetu Verma

Non-Executive Independent Director

Compensation9.38 M INR
MA

Mr. Manu Anand

(65)

Non-Executive Independent Director

Compensation8.67 M INR
AK

Mr. Anand Kripalu

(64)

Independent Chairman of the Board

Compensation7.42 M INR

Frequently asked questions about United Breweries

The business model of United Breweries Ltd is centered around the production, marketing, and distribution of alcoholic beverages. As one of India's leading breweries, United Breweries Ltd focuses on brewing and selling a wide range of beverages, including beer, spirits, and non-alcoholic drinks. With a strong portfolio of renowned brands like Kingfisher, UB Export, and Heineken, the company aims to cater to the diverse preferences of consumers. Through an extensive distribution network and strategic partnerships, United Breweries Ltd aims to reach a broad customer base across India and other international markets, ensuring a sustainable and profitable business growth.

All fundamentals and in-depth analysis of United Breweries

Our stock analysis for United Breweries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of United Breweries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.