United Breweries Limited announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, demonstrating resilient performance amid challenging market conditions. The Board of Directors approved these results at their meeting held on February 10, 2026, following review by the Audit Committee and statutory auditors.

Earnings Call and Investor Presentation

The company has scheduled an investor presentation and earnings call for February 11, 2026, following the announcement of its Q3FY26 financial results. This initiative, conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, aims to provide stakeholders with comprehensive insights into the company's quarterly performance.

Financial Performance Overview

The company reported strong financial metrics for the third quarter, with significant improvements in profitability and margins. The results reflect the company's strategic focus on premiumisation and operational excellence initiatives.

Quarterly Highlights and Market Performance

The investor presentation revealed key performance indicators for Q3 FY26, showing mixed results amid market challenges. Volume declined by 1.3% during the quarter, attributed to colder-than-usual winter conditions affecting the beer category. However, the company achieved a net sales growth of 4%, driven by positive price mix improvements.

Year-to-Date Performance and Strategic Focus

For the nine months ended December 31, 2025, United Breweries Limited reported revenue from operations of Rs. 13,05,007 lakhs compared to Rs. 14,97,527 lakhs in the corresponding period of the previous year. The company achieved volume growth of 2.6% year-to-date, with premium volumes growing by 23%, demonstrating successful premiumisation strategy.

Regulatory Compliance and Transparency

Company Secretary and Compliance Officer Nikhil Malpani confirmed that the investor presentation materials have been made available on the company's website and submitted to both BSE Limited and National Stock Exchange of India Limited in compliance with regulatory requirements. This transparency initiative reinforces the company's commitment to maintaining open communication with investors and stakeholders.

SBI Mutual Fund has crossed the significant 5% shareholding threshold in United Breweries following a strategic market acquisition completed on February 01, 2026. The mutual fund acquired 60,683 shares through market purchase, pushing its total holding above the regulatory disclosure limit and triggering mandatory reporting requirements under SEBI regulations.

Acquisition Details and Holdings

The transaction details reveal the scale and impact of SBI Mutual Fund's increased position in the brewing company:

The acquisition represents a 0.0230% increase in SBI Mutual Fund's shareholding percentage, bringing the total stake to 5.0097% of United Breweries' paid-up share capital.

Regulatory Compliance and Disclosure

The crossing of the 5% threshold triggered mandatory disclosure requirements under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. SBI Funds Management Limited, acting on behalf of SBI Mutual Fund, formally notified United Breweries on February 02, 2026, one day after the acquisition through official communication reference FM/CS/2026/49.

The disclosure was simultaneously communicated to both major stock exchanges where United Breweries shares are listed:

• National Stock Exchange of India Limited
• BSE Limited

Company Structure and Share Capital

United Breweries maintains a stable equity structure with no changes resulting from this acquisition:

The acquisition involved only equity shares with voting rights, with no convertible securities, warrants, or encumbered shares involved in the transaction.

Fund Management Perspective

SBI Mutual Fund's acquisition was executed across its various schemes, representing a collective investment decision rather than a single scheme purchase. The fund management company confirmed that it does not belong to the promoter or promoter group of United Breweries, maintaining its status as an institutional investor.

The market purchase approach indicates the fund's confidence in United Breweries' prospects, with the acquisition completed through regular trading channels rather than through any special arrangements or preferential allotments. The formal regulatory filing was signed by the Chief Compliance Officer & Company Secretary of SBI Funds Management Limited, ensuring full compliance with disclosure norms.