United Spirits shares rise 2.01%; stock among top gainers on Nifty Next 50

Shares of United Spirits gained 2.01% to trade at Rs 1,332.40 on Thursday. The stock's positive movement positioned it as one of the top gainers on the Nifty Next 50 index.

Financial Performance:

Consolidated Yearly Data:

The consolidated yearly financial performance of United Spirits reveals consistent growth over the past five years. Key highlights include:

• Revenue: Increased steadily from Rs 8,131.30 Crore in 2021 to Rs 12,069.00 Crore in 2025.
• Net Profit: Rose significantly from Rs 363.40 Crore in 2021 to Rs 1,589.00 Crore in 2025.
• EPS: Grew from Rs 5.41 in 2021 to Rs 22.28 in 2025.
• BVPS: Increased from Rs 55.87 in 2021 to Rs 111.78 in 2025.
• ROE: Remained relatively stable, ranging from 9.31% in 2021 to 19.52% in 2025.
• Debt to Equity: Improved to 0.00 in 2023, remaining at this level through 2025.

The following table summarizes the consolidated yearly financial data for United Spirits:Consolidated Quarterly Data:

The consolidated quarterly financial performance shows the following trends:

• Revenue: Fluctuated between Rs 2,761.00 Crore in June 2024 and Rs 3,433.00 Crore in December 2024.
• Net Profit: Varied from Rs 338.00 Crore in December 2024 to Rs 486.00 Crore in June 2024.
• EPS: Ranged from Rs 4.72 in December 2024 to Rs 6.83 in June 2024.

The table below presents a summary of the consolidated quarterly financial data:Yearly Income Statement:

The yearly income statement data provides insights into the company's financial performance. Key figures are:

• Sales: Increased from Rs 8,131 Crore in March 2021 to Rs 12,069 Crore in March 2025.
• Other Income: Increased from Rs 39 Crore in March 2021 to Rs 336 Crore in March 2025.
• Total Income: Increased from Rs 8,170 Crore in March 2021 to Rs 12,405 Crore in March 2025.
• Total Expenditure: Increased from Rs 7,442 Crore in March 2021 to Rs 10,174 Crore in March 2025.
• EBIT: Increased from Rs 728 Crore in March 2021 to Rs 2,231 Crore in March 2025.
• Interest: Decreased from Rs 187 Crore in March 2021 to Rs 89 Crore in March 2025.
• Tax: Increased from Rs 177 Crore in March 2021 to Rs 553 Crore in March 2025.
• Net Profit: Increased from Rs 363 Crore in March 2021 to Rs 1,589 Crore in March 2025.

Here’s a table summarizing the yearly income statement data:Quarterly Income Statement:

The quarterly income statement for United Spirits reveals the following:

• Sales: Ranged from Rs 2,761 Crore in June 2024 to Rs 3,433 Crore in December 2024.
• Other Income: Varied from Rs 35 Crore in June 2024 to Rs 175 Crore in March 2025.
• Total Income: Ranged from Rs 2,796 Crore in June 2024 to Rs 3,505 Crore in December 2024.
• Total Expenditure: Varied from Rs 2,120 Crore in June 2024 to Rs 3,002 Crore in December 2024.
• EBIT: Ranged from Rs 487 Crore in September 2024 to Rs 676 Crore in June 2024.
• Interest: Remained relatively stable, ranging from Rs 20 Crore to Rs 49 Crore.
• Tax: Ranged from Rs 119 Crore in September 2024 to Rs 168 Crore in June 2024.
• Net Profit: Varied from Rs 338 Crore in December 2024 to Rs 486 Crore in June 2024.

Here’s a table summarizing the quarterly income statement data:Cash Flow:

The cash flow data reveals the following trends:

• Operating Activities: Cash flow from operating activities was Rs 1,817 Crore in March 2021 and increased to Rs 1,947 Crore in March 2025.
• Investing Activities: Cash flow from investing activities was -Rs 99 Crore in March 2021 and decreased to -Rs 1,114 Crore in March 2025.
• Financing Activities: Cash flow from financing activities was -Rs 1,706 Crore in March 2021 and increased to -Rs 557 Crore in March 2025.
• Net Cash Flow: Net cash flow was Rs 11 Crore in March 2021 and increased to Rs 276 Crore in March 2025.

Here’s a table summarizing the cash flow data:Balance Sheet:

The balance sheet data shows the following:

• Share Capital: Remained constant at Rs 145 Crore from March 2021 to March 2025.
• Reserves & Surplus: Increased from Rs 3,974 Crore in March 2021 to Rs 7,959 Crore in March 2025.
• Current Liabilities: Increased from Rs 4,337 Crore in March 2021 to Rs 4,722 Crore in March 2025.
• Other Liabilities: Increased from Rs 79 Crore in March 2021 to Rs 422 Crore in March 2025.
• Total Liabilities: Increased from Rs 8,537 Crore in March 2021 to Rs 13,248 Crore in March 2025.
• Fixed Assets: Decreased from Rs 1,968 Crore in March 2021 to Rs 1,783 Crore in March 2025.
• Current Assets: Increased from Rs 4,803 Crore in March 2021 to Rs 9,202 Crore in March 2025.
• Other Assets: Increased from Rs 1,765 Crore in March 2021 to Rs 2,263 Crore in March 2025.
• Total Assets: Increased from Rs 8,537 Crore in March 2021 to Rs 13,248 Crore in March 2025.

Here’s a table summarizing the balance sheet data:Financial Ratios:

Key financial ratios for United Spirits are as follows:

• Basic EPS (Rs.): Increased from Rs 5.41 in March 2021 to Rs 22.28 in March 2025.
• Diluted EPS (Rs.): Increased from Rs 5.41 in March 2021 to Rs 22.28 in March 2025.
• Book Value/Share (Rs.): Increased from Rs 55.87 in March 2021 to Rs 111.78 in March 2025.
• Dividend/Share (Rs.): Increased to Rs 12.00 in March 2025.
• P/E Ratio: 62.89 in March 2025.
• P/B Ratio: 12.54 in March 2025.
• Debt to Equity: 0.00 in March 2025.

Here’s a table summarizing the key financial ratios:Corporate Actions

Dividends:

United Spirits has announced several dividends in recent years. The details are as follows:

• Final Dividend: Announced on May 20, 2025, with an effective date of August 1, 2025, amounting to Rs 8.00 per share (400%).
• Interim Dividend: Announced on March 25, 2025, with an effective date of April 3, 2025, amounting to Rs 4.00 per share (200%).

Stock Splits:

• The company executed a stock split, announced on April 13, 2018. The old face value was Rs 10, and the new face value is Rs 2, with an ex-split date of June 15, 2018, and a record date of June 18, 2018.

Recent Moneycontrol analysis indicates a very bearish sentiment on the stock.