NSE/UNITDSPR

UNITDSPRUnited Spirits Ltd

Consumer Goods · NSE

₹1,302.9+3.86%

52-wk low52-WEEK RANGE52-wk high

₹1,218.8+6.9% from low ·-19.1% from high₹1,610

Price chart · 1M–10Y · daily-close

NSE bhavcopy + 10Y historical

UNITDSPR-10.24% · 1Y

Range high ₹1,645Range low ₹1,210.8Latest ₹1,302.9252 bars · daily-close · NSE bhavcopy + 10Y history

Consumer GoodsBeverages - Wineries & DistilleriesLargecapLow Risk

Stock scorecard

Auto-computed from latest ratios + sector context · not a buy/sell signal

Composite25/100

Performance

Low

Hasn't fared well — amongst the weak performers.

· 52w return -14.1% — underperformer
· Below 200-DMA (-3.8%) — downtrend

Valuation

High

Looks expensive vs the sector.

· P/E 54.0 — 19% above sector median 45.4
· P/B 11.05 above sector median

Growth

Medium

Steady but not standout growth.

· Revenue YoY +7.6% — slow
· Profit YoY +24.6%

Profitability

Medium

Average profitability vs peers.

· ROE 20.5% — high-quality compounder

DVM composite · Durability · Valuation · Momentum

Trendlyne-style 3-axis composite · all drivers shown below · not a buy/sell signal

CompositeC(54/100)

Durability

A+

86/100

Financially resilient — strong quality + solvency profile.

Show 4 drivers

Piotroski F-score7/9 (78pt)
Altman Z" score2.35 (88pt)
Debt/Equity0.05 (100pt)
ROE20.5% (82pt)

Valuation

34/100

Richly valued on most axes; limited margin of safety.

Show 4 drivers

P/E vs sector (54.0 / 45.4)119% (49pt)
P/B11.05 (40pt)
Dividend yield0.92% (23pt)
EV/EBITDA41.3 (0pt)

Momentum

41/100

Momentum is muted; trend is unclear or rolling over.

Show 5 drivers

52w change-14.1% (27pt)
DMA-trend alignmentdown (25pt)
RSI (14)53.4 (60pt)
Price vs 200-DMA-4.1% (50pt)
MACD regimebullish (75pt)

Valuation positioning

Current ratio vs sector peer distribution

P/E (TTM)53.97

OVERVALUED

CheapestP/E 54.0 at 75th %ile — pricier than 75% of peers.Most expensive

P/B11.05

FAIR

CheapestP/B 11.05 at 70th %ile of sector.Most expensive

EV/EBITDA41.26

OVERVALUED

Monthly seasonality

Avg monthly return over 2 years · historical — not a forecast

Best: Apr +9.25% · Worst: Jan -9.01%

Jan

-9.0%

0% win

Feb

-4.2%

50% win

Mar

-1.3%

50% win

Apr

+9.3%

100% win

May

-2.8%

0% win

Jun

+2.0%

SWOT analysis

Auto-derived from ratios + sector context + forensics · research only, not a recommendation

STRENGTHS · 3

High-quality compounder (ROE 20.5%)
Above 20% ROE consistently flags capital-efficient businesses
Lean balance sheet (D/E 0.05)
Low leverage means earnings are less sensitive to rate cycles
Financial quality score 7/9
Piotroski ≥7 historically associated with outperformance

WEAKNESSES · 0

No material weaknesses flag from the numbers

OPPORTUNITIES · 1

15% upside to consensus target (₹1508)
25 analysts see fair value materially higher

THREATS · 0

No immediate threats from the data

RETURNS · DAILY-CLOSE BASED

3Y+ shown as CAGR

+3.9%

+2.7%

-0.9%

-3.5%

-3.3%

-8.6%

+5.8%

—

10Y

—

Fundamentals

VALUATION

Market cap

₹95,122 Cr

P/E (TTM)

54.0

P/E (fwd)

46.2

next 12m

P/B

11.05

EV/EBITDA

41.3

Book value

₹118.33

per share

PROFITABILITY · QUALITY

ROE

20.5%

ROCE

—

Net margin

12.9%

Op margin

14.1%

Gross margin

47.6%

D/E

0.05

GROWTH · MARKET

Rev YoY

+7.6%

Profit YoY

+24.6%

Div yield

0.92%

Payout

49.5%

52w change

-14.1%

Beta

0.22

defensive

Pros and cons

Auto-derived from ratios · not a buy/sell recommendation

PROS · 5

+Forward P/E materially below trailing (46.2x vs 54.0x)Street expects earnings growth that compresses the multiple — positive surprise cushion
+High ROE of 20.5%Capital-efficient business — every rupee of equity generates 20.5 paise of earnings
+3-year profit CAGR of 24.1%Consistently compounding earnings — the Buffett playbook
+Nearly debt-free (D/E 0.05)Low financial risk — funds growth from internal accruals, resilient in downturns
++15% upside to analyst consensus target25 analysts average target of ₹1508 vs current ₹1308

CONS · 0

No material concerns surface from the ratios alone — still layer qualitative research.

Sector-relative context

Consumer Goods · 20 peers

P/E (TTM)

This stock

53.97

Sector median

45.41

Rank 15/20 (30th %ile)

ROE

This stock

20.5%

Sector median

18.8%

Rank 14/20 (35th %ile)

P/B

This stock

11.05

Sector median

8.55

Rank 14/20 (35th %ile)

Quality score · Piotroski F-score

7 / 9

Decent quality — clears Piotroski bar

✓Profitable (positive net income)· Most basic check — company makes money
✓Positive return on assets· Assets generate returns
✓Positive operating cash flow· Profits are backed by real cash, not accruals
✓Operating CF exceeds net profit· Healthy cash conversion — no aggressive revenue recognition
✗Long-term debt decreased YoY· Deleveraging — lower refinancing risk
✗ROA improved YoY· Getting more productive with the asset base
✓Operating margin expanded YoY· Pricing power or cost discipline
✓

Forensic score · Altman Z″ (emerging markets)

Bankruptcy-risk predictor · 1995 Altman emerging-market revision

GREY2.35

Z″ = 2.35 — GREY zone. Not flagged as distressed, but watch the weakest input component below.

Component	Ratio	Weight	Contribution
Working Capital / Total Assets (A)	0.303	×6.56	1.988
Retained Earnings / Total Assets (B)	-0.152	×3.26	-0.495
EBIT / Total Assets (C)	0.146	×6.72	0.984
Book Equity / Total Liabilities (D)	-0.119	×1.05	-0.125

Zones: Z″ ≥ 2.60 safe · 1.10–2.60 grey · < 1.10 distress. All four inputs derived from latest annual filing.

Analyst consensus

25 analysts · BUY

Target mean

₹1508.20

Target high

₹1725.00

Target low

₹1238.00

Upside vs today

+15.3%

Street consensus target is +15.3% vs current price. Consensus is a lagging sentiment read, not a forecast.

Company + balance sheet snapshot

Industry

Beverages - Wineries & Distilleries

Employees

2,420

Shares out

72.7

Revenue (TTM)

₹12,919 Cr

EBITDA

₹2,189 Cr

Total debt

₹412 Cr

Cash

₹2,700 Cr

Net debt

₹-2,288 Cr

Quarterly results

Last 5 quarters · ₹ Cr (Screener.in-grade depth)

Metric	2024-Q3	2024-Q4	2025-Q1	2025-Q2	2025-Q4
Revenue	2,844	3,433	2,975	3,021	3,694
Operating profit	433	496	390	568	519
OPM %	15.2%	14.4%	13.1%	18.8%	14.1%
Interest	25

Annual P&L

Last 4 years · ₹ Cr · all line items

Metric	2022-FY	2023-FY	2024-FY	2025-FY
Revenue	9,655	10,554	11,259	12,013
Operating profit	1,304	1,135	1,727	1,960
OPM %	13.5%	10.8%	15.3%	16.3%
Interest	88	104	76	89

Peer	Last close	1Y change	Mcap ₹Cr	P/E	P/B	ROE	D/E	Rev YoY
UNITDSPRTHIS United Spirits Limited	₹1,302.9	-14.1%	95,122	54.0	11.05	20.5%	0.05	+7.6%
HINDUNILVR Hindustan Unilever Limited	₹2,240.8	-4.7%	5,24,387	51.9	10.76	20.7%	0.04	+3.9%
ITC ITC Limited	₹306.8	-27.4%	3,82,149	18.8	5.38	28.7%	0.01	+6.7%
NESTLEIND Nestle India Limited	₹1,285.6	-46.4%	2,48,058	75.8	55.94	73.8%	0.11	+18.6%
ASIANPAINT Asian Paints Limited	₹2,464	+0.8%	2,41,259	62.7	12.32	19.6%	0.18	+3.7%
BRITANNIA Britannia Industries Limited	₹5,735.5	+6.3%	1,37,295	56.8	36.77	64.8%	0.58	+8.2%
GODREJCP Godrej Consumer Products Limited	₹1,109.4	-8.6%	1,13,048	61.9	9.29	15.0%	0.34	+8.8%
MARICO Marico Limited	₹757.3	+8.9%	98,411	57.3	24.30	—	0.14	+12.2%
DABUR Dabur India Limited	₹442.85	-6.9%	78,344	42.4	7.15	16.9%	0.12	+6.1%

ASK AXEL

Dig deeper into UNITDSPR

Axel can fetch latest news, peer valuation, consensus estimates, insider activity, and concall commentary for UNITDSPR — all in one sourced reply.

Ask free in chat

Run these tools on UNITDSPR

Historical return →

"If I had bought UNITDSPR in year X"

Rolling returns →

Worst/best 1/3/5/7/10-yr windows

Buy-the-dip backtester →

Dip-buying vs SIP on UNITDSPR

Brokerage + charges →

All-in cost for trading UNITDSPR

Research tool · not investment advice.

Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. Daily OHLCV sourced primarily from our NSE bhavcopy ingest (public sec_bhavdata_full CSV), with Stooq as a fallback for historical gaps. Split + bonus adjusted. Excludes dividends. Not a recommendation. Past performance does not predict future returns. For authoritative live quotes see NSE / BSE directly.

Quarter	EPS estimate	EPS actual	Surprise %
-1q	6.56	7.38	+12.5%
-2q	5.23	6.80	+29.9%
-3q	4.10	3.66	-10.7%
-4q	4.40	6.20	+40.9%

Date	Amount
2026-01-27	₹6.00
2025-08-01	₹8.00
2025-04-03	₹4.00
2024-07-12	₹5.00

Metric	2022-FY	2023-FY	2024-FY	2025-FY
Equity capital	145	145	145	145
Reserves	-1,354	-308	814	1,795
Borrowings	605	183	265	480
Total liabilities	8,911	9,761	11,249	13,248
Fixed assets	1,564	1,223	1,113	1,387
CWIP	91	73	43	80
Investments	—	20	—	273
Other assets	240	1	1	218
Total assets	8,911	9,761	11,249	13,248

Metric	2022-FY	2023-FY	2024-FY	2025-FY
CF Operating	977	615	1,118	1,947
CF Investing	-313	-55	226	-1,114
CF Financing	-688	-500	-407	-557
Net cash flow	-23	60	937	276
Free cash flow	843	478	1,020	1,785

Metric	2025-FY	2024-FY	2023-FY	2022-FY
OPM %	16.3%	15.3%	10.8%	13.5%
Net margin %	13.2%	12.5%	10.8%	8.6%
ROE %	109.1%	353.8%	-165.7%	-68.5%
ROCE %	122.1%	310.8%	-473.9%	-194.6%
Debt / Equity	0.25	0.28	-1.12	-0.50
Dividend payout %	22%	—	—	—
Interest coverage	25.0×	25.4×	13.3×	13.3×
Revenue growth YoY	+6.7%	+6.7%	+9.3%	—
Profit growth YoY	+12.4%	+23.8%	+37.2%	—

UNITDSPRUnited Spirits Ltd

Price chart · 1M–10Y · daily-close

Stock scorecard

DVM composite · Durability · Valuation · Momentum

Valuation positioning

Monthly seasonality

SWOT analysis

Fundamentals

Pros and cons

Sector-relative context

Quality score · Piotroski F-score

Forensic score · Altman Z″ (emerging markets)

Analyst consensus

Company + balance sheet snapshot

Quarterly results

Annual P&L

Peer comparison · Consumer Goods

Ask Axel about UNITDSPR

Recent news

Dig deeper into UNITDSPR

Run these tools on UNITDSPR

Technical snapshot

Earnings history + surprises

Dividends + splits history

Stock scorecard

Recent news

SWOT analysis

DVM composite · Durability · Valuation · Momentum

Valuation positioning

Monthly seasonality

Fundamentals

Pros and cons

Sector-relative context

Quality score · Piotroski F-score

Forensic score · Altman Z″ (emerging markets)

Analyst consensus

Company + balance sheet snapshot

Quarterly results

Annual P&L

Balance sheet

Cash flow statement

Ratios

Peer comparison · Consumer Goods