United Breweries secures trademark protection for its iconic 'Oo La La La Le O' Kingfisher jingle, reinforcing sound as a legally protected brand asset in India
Among key trends, spirits companies such as Radico Khaitan Ltd. and United Spirits Ltd. continued to outperform beer major United Breweries Ltd. on volumes, JM Financial said
Beer maker United Breweries Ltd has reported a two-fold jump in consolidated net profit of Rs 81.15 crore in the December quarter of FY26 on a year-on-year basis, driven by growth in its premium portfolio and improved margins. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 38.52 crore in the October-December quarter a year ago, United Breweries Ltd (UBL) said in a regulatory filing on Tuesday. However, UBL's revenue from operations was down 11.05 per cent to Rs 3,936.99 crore in the December quarter from Rs 4,426.55 crore in the corresponding period a year ago. "Beer category in Q3, FY26 was impacted by a colder-than-usual winter. Overall, sell-in volume declined 1.3 per cent, resulting in 2.6 per cent growth in YTD-FY26," said UBL in its earnings presentations. In the North, which included Rajasthan, Uttar Pradesh, Haryana, Delhi & Punjab, volumes declined 16 per cent in the quarter, while in East and South, volumes fell .
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India's largest beer maker will expand its visi-cooler network, add new capacity and roll out product innovations to drive accessibility and category growth
In the September quarter, the company's gross margins shrunk 104 basis points year-on-year to 42.8 per cent on account of an adverse product mix and inter-state transfer
Raw material costs will remain supportive for spirits players, with prices of ENA (extra neutral alcohol) and glass expected to stay benign
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This expansion will be financed through debt and equity, it said in its exchange filing
United Breweries Ltd on Wednesday reported a 65 per cent decline in consolidated net profit to Rs 46.34 crore in the September quarter impacted by unusual monsoon hitting beer sales. The company had posted a consolidated net profit of Rs 132.33 crore in the second quarter of the previous fiscal year, United Breweries Ltd (UBL) said in a regulatory filing. Consolidated revenue from operations during the quarter stood at Rs 3,737.31 crore compared to Rs 4,743.56 crore in the corresponding period a year ago, it added. Total expenses in the quarter under review were lower at Rs 3,686.37 crore as compared to Rs 4,575.68 crore, the company said. UBL said its "total volume declined 3.4 per cent in Q2, with growth in mainly Maharashtra, Andhra Pradesh and Assam more than off-set by adverse weather across our footprint as well as stock-building in Q2-FY25 following the peak season impacted by national elections". Premium volume grew 17 per cent in the quarter, it added. The company said i
UBL reported mid-single-digit growth in net revenue in India, despite a decline in beer volumes, affected by an unusually strong monsoon season
Dutch brewing major Heineken NV, which owns United Breweries Ltd (UBL), on Wednesday said its India beer volume saw a "mid-single-digit" decline in the September quarter on account of unusually heavy rains in parts of the country during monsoon. However, its organic net revenue grew in "mid-single-digit", largely supported by price hikes in some of the key states, along with a portfolio mix. "In India, organic net revenue (beia) grew by a mid-single-digit, while beer volume fell by a mid-single-digit, impacted by an unusually strong monsoon season. We outperformed the market. Price-mix expanded by a high single digit, supported by pricing in key states and portfolio mix," said Heineken in its earnings statement. Its volume in the premium beer segment -- generally above Rs 125 per pint -- "grew in the low teens" led by Ultra Max from the portfolio of the home-grown brand Kingfisher and launch of Amstel Grande during the quarter. In 2025, many states saw higher than normal rainfall i
Nirmal Bang assigned a target price of ₹2,250 per share for United Breweries, an upside of 25 per cent from Wednesday's closing price
The company has expanded brewery capacity by a third in Andhra Pradesh which, coupled with improving growth prospects in Maharashtra, is expected to offset the excise-related headwind in Karnataka
Leading beer maker United Breweries Ltd (UBL) expects a 6 to 7 per cent volume growth this fiscal despite the impact of rains in some of the key states during the second quarter, said its Chief Executive Officer and Managing Director Vivek Gupta. Besides, premiumisation is also expected to grow by 25 per cent and the long-term outlook for UBL, now controlled by Dutch multinational brewing company Heineken NV, is "very strong", Gupta told PTI. He expects recent GST reforms, in which the government is lowering the taxes on most consumer goods and some services, effective from September 22, will also help increase the consumption of alcoholic beverages. However, this will also depend on state governments. If they "work objectively, where they do not just increase taxes (excise) because they feel about a revenue shortfall coming of GST (changes), I think it should help in consumption of Alco-Bev because consumers will spend money on coming together, connecting together, going outside, .
Mount Everest Breweries has acquired Cheers Breweries in Mysuru for Rs 300 crore, boosting capacity by 75 per cent and marking its entry into Karnataka's beer market
United Breweries is targeting 25-30% growth in its premium segment every quarter, with plans to expand capacity and outpace market growth in the beer industry, says CEO Vivek Gupta
United Breweries has commenced production of its flagship brand Kingfisher at the recently leased Ilios Brewery in East Godavari, Andhra Pradesh
United Breweries share price was trading 1.6 per cent higher at ₹1,824.3 per share against the previous close of ₹1,795.8 on the NSE
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