profit from every ₹100 of sales.
₹0₹100
United Spirits
₹1,409.95-1.40% today
+0.3% in 1 year
1-year low ₹1,219.051-year high ₹1,555.00
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹54.47 for every ₹1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What United Spirits sold, what it kept, and what it did with the cash.
Sales went from ₹106 billion in 2023 to ₹125 billion in 2026, with ₹18.4 billion of profit last year.
SalesProfit
United Spirits handed back 99% of the cash it generated last year.
₹12.6B
Free cash flow 2026₹12.8B
Bought back its own shares–
Paid as dividends₹12.6B
Cash vs. debt₹8.6B vs. ₹4.1B
United Spirits vs. similar companies
United Spirits grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| United Spirits | 54.5× · Expensive | ||
 Kweichow Moutai | 21.3× · Fair price | ||
 Diageo | 23.7× · Fair price | ||
 Wuliangye Yibin Co.,Ltd. | 31.4× · Expensive | ||
 Constellation Brands | 14.5× · Cheap |
AI analysis
An AI analyst reads United Spirits's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 105,540 | 112,590 | 115,730 | 124,670 | |
| 43,700 | 51,170 | 51,760 | 57,930 | |
| 11,350 | 17,270 | 17,860 | 19,970 | |
| 16,650 | 22,080 | 23,130 | 26,660 | |
| 11,370 | 14,080 | 15,820 | 18,380 | |
| 16.01 | 19.83 | 22.28 | 25.89 | |
| 41.4% | 45.4% | 44.7% | 46.5% | |
| 10.8% | 15.3% | 15.4% | 16.0% | |
| 10.8% | 12.5% | 13.7% | 14.7% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 97,610 | 112,490 | 132,480 | 144,690 |
| Cash | 1,150 | 10,520 | 9,930 | 8,590 |
| Total debt | 1,830 | 2,650 | 4,800 | 4,130 |
| Total liabilities | 37,620 | 41,280 | 51,440 | 55,120 |
| 59,990 | 71,210 | 81,040 | 89,530 | |
| 710 | 710 | 710 | 710 | |
| 17.7% | 20.7% | 18.8% | 20.0% | |
| 19.0% | 19.8% | 19.5% | 20.5% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 6,150 | 11,180 | 19,470 | 14,590 | |
| 1,370 | 980 | 1,620 | 1,810 | |
| 4,780 | 10,200 | 17,850 | 12,780 | |
| Dividends paid | – | 2,840 | 3,550 | 12,630 |
| – | – | – | – | |
| 230 | 370 | 170 | 220 |
Valuation
- 54.5×
- –
- 3.13
- 10.2×
- 8.0×
- 78.3×
- 37.4×
- 1.3%
- 1.8%
- 1.3%
Profitability
- 46.5%
- 16.0%
- 14.7%
- –
- 19.0%
- 18.3%
- –
- –
- –
- –
Growth
- +5.7%
- +17.4%
- –
- –
- +0.0%
Financial health
- -0.2×
- 0.05
- –
- 15.0×
- 2.05
- –
- –
How it ranks in Consumer Staples
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 15%of 670
Top 28%of 674
Bottom 8%of 624
Top 47%of 673
Bottom 20%of 668
1.3%of the share price, paid each year
On $1,000 invested$13a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
68.7% of its profit
Room to growStretchedMore than it earns: 98.8%
News
United Microelectronics October revenue rises 18.3% Y/YSeeking Alpha · Nov 5, 2026United Fire Group outlines ~10% growth pace as it sees ~0.5-point expense ratio improvement potentialSeeking Alpha · Nov 4, 2026Mark Cuban Warns Hyperscaler Borrowing Could Create A “Debt Bubble In The United States Of America”Yahoo Finance · Oct 29, 2026United Rentals subsidiary prices $2.5B debt dealSeeking Alpha · Oct 27, 2026United Natural Foods (UNFI): buy, sell, or hold post Q2 earnings?Yahoo Finance · Oct 26, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
59No pass
Benjamin Graham
44No pass
Philip Fisher
58No pass
Peter Lynch
43No pass
Joel Greenblatt
19No pass
Charlie Munger
63Pass
Terry Smith
51No pass
Questions about United Spirits
Is United Spirits a good stock to buy?
A solid business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the United Spirits AI analysis
What does United Spirits do?
United Spirits Limited, together with its subsidiaries, manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally. It operates through Beverage Alcohol and Sports segments. It is in Beverages - Wineries & Distilleries, based in Bengaluru, India.
Does United Spirits pay a dividend?
Yes. At today's price the dividend is 1.3% a year, about 69% of its yearly profit. In 2026 it paid out ₹12.6 billion in dividends.
Is United Spirits stock halal?
No. United Spirits does not pass our halal screen: its main business, alcohol, is not permitted. How we check
How has United Spirits stock done over the past year?
Up 0.3% over the past twelve months, to ₹1,409.95. It traded between ₹1,219.05 and ₹1,555.00 and is 9.3% below its high.
Who are United Spirits's competitors?
The largest listed companies in the same industry are Kweichow Moutai, Diageo, Wuliangye Yibin Co.,Ltd. and Constellation Brands. The peers table on this page compares their profit, growth and price with United Spirits's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.