United Spirits Key Ratios
NSE: UNITDSPR | BSE: 532432
₹1,517.70
As on 28-Aug-2026 11:14IST
Market cap
₹1,10,135 Cr
Revenue (TTM)
₹28,118 Cr
P/E Ratio
58.5
P/B Ratio
12
Div. Yield
1.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -10.69 | 5.13 | 5.01 | 2.00 | -1.13 |
| EBIT | -30.95 | 1.71 | 15.58 | 10.25 | 13.98 |
| Net Profit | -40.77 | 31.32 | 28.72 | 13.00 | 20.93 |
| EPS | -14.10 | 11.03 | 24.44 | 11.90 | 22.64 |
| Book Value | -- | -- | 10.48 | 14.27 | 16.88 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 15.00 | 14.12 | 7.07 | 16.02 | 15.35 |
| Net Margin
| 12.97 | 11.28 | 5.90 | 13.20 | 12.14 |
| Return on equity
| 21.13 | 19.79 | 21.49 | 20.04 | 18.98 |
| Return on Capital
| 28.77 | 26.26 | -- | 27.86 | 26.74 |
| Return on Assets
| 13.01 | 11.56 | 12.18 | 11.99 | 11.38 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
27.86
|
26.74
|
29.40
|
24.48
|
|
Peer Median
|
--
|
21.54
|
23.37
|
15.42
|
--
|
ROE
21.49
Higher than Peers by 5.14
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
21.49
|
20.04
|
18.98
|
21.46
|
20.56
|
|
Peer Median
|
16.34
|
17.86
|
21.91
|
13.06
|
--
|
ROA
12.18
Higher than Peers by 0.93
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
12.18
|
11.99
|
11.38
|
13.25
|
12.26
|
|
Peer Median
|
11.25
|
12.14
|
15.22
|
8.54
|
--
|
EBIT Margin
7.07
Higher than Peers by 1.02
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
7.07
|
16.02
|
15.35
|
15.25
|
10.70
|
|
Peer Median
|
6.05
|
5.84
|
6.61
|
4.49
|
--
|
Net Margin
5.90
Higher than Peers by 0.24
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
5.90
|
13.20
|
12.14
|
12.19
|
10.54
|
|
Peer Median
|
5.66
|
10.63
|
8.04
|
6.58
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
7.18
|
6.42
|
6.47
|
5.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
5.01
Lower than Peers by 8.08
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
5.01
|
7.72
|
2.23
|
6.68
|
9.26
|
|
Peer Median
|
13.09
|
26.68
|
26.57
|
5.48
|
--
|
EBIT Growth
15.58
Lower than Peers by 25.29
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
15.58
|
12.38
|
2.95
|
52.07
|
-12.11
|
|
Peer Median
|
40.87
|
54.83
|
108.80
|
62.12
|
--
|
Net Profit Growth
28.72
Higher than Peers by 12.44
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
28.72
|
18.27
|
2.63
|
25.04
|
38.91
|
|
Peer Median
|
16.28
|
30.28
|
186.33
|
3,755.52
|
--
|
EPS Growth
24.44
Lower than Peers by 14.84
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
24.44
|
16.18
|
12.36
|
23.83
|
37.50
|
|
Peer Median
|
39.28
|
27.44
|
178.73
|
3,262.84
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
10.48
|
13.81
|
18.67
|
21.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
0.00
|
--
|
0.00
|
0.00
|
|
Peer Median
|
0.15
|
0.25
|
0.12
|
0.25
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
0.00
|
--
|
0.00
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.05
Higher than Peers by 0.43
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
2.05
|
1.93
|
1.93
|
1.86
|
1.72
|
|
Peer Median
|
1.63
|
1.58
|
1.35
|
1.30
|
--
|
Quick Ratio
1.53
Higher than Peers by 0.57
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
1.53
|
1.44
|
1.45
|
1.35
|
1.11
|
|
Peer Median
|
0.96
|
1.00
|
1.06
|
0.94
|
--
|
Interest Coverage
16.74
Higher than Peers by 9.60
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
16.74
|
15.04
|
22.91
|
25.43
|
13.30
|
|
Peer Median
|
7.14
|
13.00
|
20.07
|
6.16
|
--
|
Operating Efficiency
Debtors to sales
12.84
Lower than Peers by 0.24
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
12.84
|
28.95
|
29.47
|
26.99
|
22.94
|
|
Peer Median
|
13.07
|
13.69
|
7.65
|
9.70
|
--
|
Asset Turnover
2.03
Higher than Peers by 0.21
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
2.03
|
1.95
|
2.11
|
2.45
|
3.03
|
|
Peer Median
|
1.82
|
1.79
|
2.06
|
3.06
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
46.05
|
44.06
|
38.51
|
31.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
32.63
|
29.77
|
30.11
|
28.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
186.70
|
179.25
|
168.15
|
145.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
--
|
-108.02
|
-105.42
|
-99.53
|
-85.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
58.46
Higher than Peers by 12.55
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
58.46
|
48.09
|
64.24
|
58.41
|
48.23
|
|
Peer Median
|
45.91
|
37.22
|
29.45
|
30.18
|
--
|
Price / Book Value
11.99
Higher than Peers by 7.42
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
11.99
|
9.87
|
12.54
|
11.55
|
9.14
|
|
Peer Median
|
4.57
|
3.38
|
3.14
|
5.86
|
--
|
Dividend Yield
1.12
Higher than Peers by 0.94
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
1.12
|
1.39
|
0.86
|
0.79
|
--
|
|
Peer Median
|
0.18
|
0.45
|
0.24
|
0.18
|
--
|
EV/EBITDA
38.89
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
38.89
|
31.26
|
41.76
|
36.38
|
36.21
|
|
Peer Median
|
--
|
30.44
|
33.62
|
32.80
|
--
|
Market Cap
1,10,135
Higher than Peers by 1,03,683
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
United Spirits
|
1,10,135
|
88,381
|
1,01,624
|
82,237
|
54,835
|
|
Peer Median
|
6,452
|
4,660
|
2,582
|
3,019
|
--
|