Over the last few years, both beginners and experienced investors have gained immense profits by efficiently planning and investing in stocks. However, there are some investors whose success formulas don’t prove to be successful, and they end up losing their hard-earned money. This makes people think twice before entering the stock market and investing in shares. Though the stock market is genuinely unpredictable, but when an investor makes an informed decision, they are likely to get profits from those investments.
United Spirits, A Diageo Group Company, is an Indian alcoholic beverage company performing well in the share market. It is the second-largest spirits company in the world and is a Diageo subsidiary. For years, the United Spirits share price has been fast-growing and is expected to rise in the future as well.
If you plan to invest in the United Spirits share, the following article will help you. From the United Spirits share price forecast to the United Spirits share price history, we have covered all the essential information to help you make a wise decision.
Table of contents
- United Spirits Share Price
- United Spirits Company Information
- History of the United Spirits
- Management of United Spirits
- United Spirits Company Location
- United Spirits Company Performance
- United Spirits Stock Returns in 2021, 2022 and 2023
- United Spirits Share Price NSE
- United Spirits Share Price BSE
- United Spirits Listings and Indices
- Should you Invest in United Spirits?
- FAQ’s about United Spirits Share Price
United Spirits Share Price
The table below will give you an insight into the United Spirits share price:
| Open Price | Previous Close | Volume | Value |
| 850.1 | 849.8 | 359401 | 30.53 Cr |
Refer to the tabular representation below to know about the fundamentals of United Spirits share:
| Market Cap | Rs. 61750 Crore |
| P/E Ratio (TTM) | 46.36 |
| P/B Ratio | 12.47 |
| Industry P/E | 37.4 |
| Debt to Equity | 0.1 |
| ROE | 18.26 |
| EPS (TTM) | 18.33 |
| Dividend Yield | NA |
| Book Value | 79.43 |
| Face Value | 2 |
Note: The United Spirits share price statistics above is mentioned as per the data available on January 18, 2023.
United Spirits Company Information
Headquartered in Bangalore, Karnataka, United Spirits was founded in 1826 and was formerly known as McDowell & Co. Ltd. Often shortened as USL, United Spirits is the world’s second-largest spirits company by volume and a flagship entity of the UB group. It is a subsidiary of Diageo, a worldwide leader in the beverage alcohol industry with an extraordinary portfolio of premium brands like Johnnie Walker, Black & White, Black Dog etc., across wine and spirits beer categories. Having an amazing track record, United Spirits have a global footprint with exports to more than 35+ countries. The company has a decent-sized presence in the country with sales offices and distilleries across India and a team of over 7500 people working hard to fulfil the company’s mission. The product portfolio of USL comprises Indian-made Foreign Liquor (IMFL) whisky, rum, brandy, vodka, wine and gin.
United Spirits has received recognition from independent juries like the International Spirits Challenge (UK), International Wine and Spirits Competition (UK), World Beverage Competition (US), Mundusvini (Germany) and Monde Quality Institute (Belgium) for its high-quality products. This Diageo-controlled liquor brand also announced the sale and franchising of around 30 famous brands to Singapore-based Inbrew Beverages for a consideration of Rs. 820 crores. The company has a remarkable and aggressive acquisition strategy and has acquired India’s second-largest Indian liquor manufacturer Shaw Wallace, Bouvet Ladubay and the world’s fourth-largest Scotch whisky player, Whyte & Mackay.
History of the United Spirits
Founded in 1826 in India by Angus McDowell, United Spirits originated as a trading company called McDowell & Co. The company imported tobacco, liquor and other consumer goods into India to serve the British people’s needs. McDowell & Co. Ltd. was incorporated as a company in 1898, with a capital of Rs. 8 lakhs. The company’s principal shareholders were G.A. Ruppell, A.M. Hooper and G.D. Coleman. Later in 1951, Vittal Mallya’s United Breweries Group bought McDowell & Co., and in 1959, the first distillery was established by Mallya in Kerala. In 1983, Vijay Mallya took over the directorship of McDowell and assumed the chairmanship of UB Group and McDowell after Vittal Mallya’s death. In 1987, the company’s headquarter was moved from Madras to Bangalore, and the company developed a technical centre there for product and process development research.
In 2006, McDowell & Co. Ltd, Triumph Distillers and some other companies were merged together to form United Spirits Limited. Diageo held approximately 36.3 million shares in United Spirits after multiple purchases, making it the largest shareholder. In 2014, Diageo’s shareholdings rose to 54.8% of the USL.
Management of United Spirits
The management team of United Spirits is listed in tabular representation below:
| Name | Designation |
| Aarif Aziz | Chief Human Resource Officer |
| Abanti Sankaranarayanan | Chief Strategy Officer |
| Anant Swarup | Senior General Manager |
| Arun Goyal | Asst. Vice President |
| Avinash Deoskar | Vice President |
| D Sivanandhan | Independent Director |
| Deepika Warrier | Chief Marketing Officer |
| Hina Nagarajan | Managing Director & CEO |
| Indu Shahani | Independent Director |
| John Thomas Kennedy | Non-Executive Director |
| Mahendra Kumar Sharma | Chairman & Ind.Director |
| Mark Dominic Sandys | Non-Executive Director |
| Mital Sanghvi | Vice President & Co. Secretary |
| Pradeep Jain | Chief Financial Officer |
| Prathmesh Mishra | Chief Commercial Officer |
| Rajeev Gupta | Independent Director |
| Randall David Ingber | Non-Executive Director |
| Sanjeev Ganesh | Executive Vice President |
| V K Viswanathan | Independent Director |
United Spirits Company Location
United Spirits is headquartered in Bangalore, Karnataka and the company’s registered office address is stated below:
Registered Office Address
UB Tower
24 Vittal Mallya Road UB City
Bangalore, Karnataka – India
FAX – 91-80-39856862
Contact No.- 91-80-39856500/22210705
Email – usinvestor@unitedsprits[dot]in
United Spirits Company Performance
For the convenience of the readers, we have showcased the last 5 years performance of United Spirits in the form of a table below:
| FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | |
| Total Revenue | 9,747.90 | 8,170.90 | 9,347.40 | 9,410.00 | 8,809.50 |
| Total Revenue Growth (%) | 19.3 | -12.59 | -0.67 | 6.82 | -1.27 |
| Total Expenses | 8,496.10 | 7,565.30 | 8,250.40 | 8,399.10 | 7,853.20 |
| Total Expenses Growth (%) | 12.3 | -8.3 | -1.77 | 6.95 | -6.42 |
| Profit after Tax (PAT) | 828.6 | 383.6 | 658.9 | 700.2 | 633.8 |
| PAT Growth (%) | 116.01 | -41.78 | -5.9 | 10.48 | 533.17 |
| Operating Profit Margin (%) | 13.79 | 9.75 | 14.03 | 13.36 | 14.28 |
| Net Profit Margin (%) | 8.53 | 4.71 | 7.06 | 7.49 | 7.37 |
| Basic EPS (₹) | 11.68 | 5.41 | 9.29 | 9.87 | 44.68 |
United Spirits Stock Returns in 2021, 2022 and 2023
The stock returns data of United Spirits share price from 2021 to 2023 is stated in the tabulated data below:
| Date | Price | Open | High | Low | Volume | Chg% |
| Jan 2023 | 848.85 | 875.05 | 881.5 | 837.35 | 770.20K | -3.27% |
| Dec 2022 | 877.55 | 937 | 951.8 | 864.45 | 20.32M | -5.87% |
| Nov 2022 | 932.3 | 900 | 934.85 | 861.25 | 26.88M | 4.01% |
| Oct 2022 | 896.35 | 830 | 899 | 802 | 30.74M | 6.42% |
| Sep 2022 | 842.3 | 812.75 | 892.45 | 798.3 | 50.64M | 3.75% |
| Aug 2022 | 811.85 | 782 | 833.5 | 760.85 | 42.25M | 4.22% |
| Jul 2022 | 779 | 760.5 | 870 | 754.05 | 28.89M | 2.53% |
| Jun 2022 | 759.75 | 812.7 | 831.8 | 712 | 24.57M | -6.13% |
| May 2022 | 809.4 | 857.5 | 858.9 | 728.8 | 28.68M | -6.19% |
| Apr 2022 | 862.85 | 889 | 944 | 840.45 | 21.89M | -2.87% |
| Mar 2022 | 888.35 | 880.05 | 934.9 | 765.2 | 41.37M | 0.36% |
| Feb 2022 | 885.15 | 870.1 | 898.5 | 808.05 | 34.75M | 2.16% |
| Jan 2022 | 866.4 | 892.3 | 958 | 823.3 | 32.42M | -3.55% |
| Dec 2021 | 898.25 | 890 | 938.9 | 848.5 | 26.68M | 1.73% |
| Nov 2021 | 882.95 | 964.95 | 1,019.95 | 862 | 49.69M | -6.80% |
| Oct 2021 | 947.35 | 855 | 963.4 | 811.2 | 70.29M | 11.05% |
| Sep 2021 | 853.1 | 719 | 865.95 | 702.25 | 70.20M | 19.29% |
| Aug 2021 | 715.15 | 647 | 731.6 | 629.7 | 53.62M | 11.61% |
| Jul 2021 | 640.75 | 664 | 690 | 629.1 | 38.32M | -3.16% |
| Jun 2021 | 661.65 | 616 | 684 | 609.75 | 48.62M | 8.03% |
| May 2021 | 612.45 | 517 | 617.65 | 512.55 | 50.34M | 17.88% |
| Apr 2021 | 519.55 | 559 | 561.9 | 507.5 | 29.51M | -6.61% |
| Mar 2021 | 556.35 | 537.9 | 573.65 | 517.65 | 48.15M | 3.97% |
| Feb 2021 | 535.1 | 580.5 | 595 | 531 | 50.31M | -7.53% |
United Spirits Share Price NSE
| United Spirits Share Price NSE | 848.40 |
| Previous Close | 849.80 |
| Open | 850.1 |
| High | 854 |
| Low | 846 |
United Spirits Share Price BSE
| United Spirits Share Price BSE | 848.15 |
| Previous Close | 849.55 |
| Previous Open | 846.85 |
| High | 854.00 |
| Low | 845.47 |
United Spirits Listings and Indices
Key Dates
- Incorporation Date – 31/03/1999
- Year Ending Month – March
- AGM Date (Month) – August
Listing Information
- Face Value of Equity Shares – 2.0
- Market Lot of Equity Shares – 1
- NSE Code – MCDOWELL-N
- BSE Code – 532432
- BSE Group – A
Indices
United Spirits forms a significant part of the following indices:
- MCX-SX 40 Index
- Nifty 200
- Nifty 500 Multicap 50:25:25 Index
- Nifty FMCG
- NIfty 100
- Nifty 500
- Nifty Alpha Low Volatility 30
- Nifty India Consumption
- Nifty MNC
- Nifty Total Market
- S&P BSE 100 LargeCap TMC Index
- S&P BSE 250 LargeMidCap Index
- S&P BSE AllCap
- S&P BSE Dollex – 200
- S&P BSE LargeMidCap
- S&P BSE Dollex – 100
- S&P BSE 500
- S&P BSE 200
- Nifty100 Equal Weight
- Nifty Next 50
- Nifty LargeMidcap 250
Should you Invest in United Spirits?
Investing in shares of United Spirits is quite beneficial and can prove lucrative in the long run. With high TTM EPS growth and increasing profits every quarter, the company has the potential to generate a higher return on investment. Another significant reason that makes United Spirits an ideal investment is that the company has low debt, and the book value per share has been improving for the last two years.
Note: Financial investments are subject to market risk; it is mandatory to do your own research before investing.
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FAQ’s about United Spirits Share Price
Q1. Is United Spirits a good stock?
As per the United Spirits share price forecast, the United Spirits share is semi-strong and an average stock to invest in. Also, the price trend analysis shows that its share price is likely to rise, but for the short term only. However, make sure to check the valuation and quality before investing.
Q2. Is United Spirits getting delisted?
Reports suggest that United Spirits shares were delisted from Delhi Stock Exchange (DSE) with effect from March 31, 2009, but they are still listed on NSE and BSE.
Q3. Is United Spirits good for long-term investment?
United Spirits share price history of the last three years shows that the United Spirits share has grown EPS by 11% every year. It’s quite a good rate if the company can sustain it, indicating that the stock is good for long-term investment.
Q4. What is the United Spirits share price today?
The share price of every stock is volatile and keeps on fluctuating throughout the day owing to a list of factors. As of January 18, 01:18 pm, the share price of United Spirits is Rs. 848.85 on NSE and Rs. 848.70 on BSE.
