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United Spirits to Fully Acquire NAO Spirits in ₹130-Crore Deal, Boosting Craft Gin Portfolio Jun 19, 2025

United Spirits (USL) has announced plans to acquire 100% ownership of NAO Spirits & Beverages, maker of premium Indian craft gin brands, for ₹130 crore. The acquisition will be completed in stages, with USL's stake increasing from 30% to 97.07% initially, and is expected to conclude by June 2026. This move strengthens USL's position in the premium gin segment, giving it full control over popular craft gin brands 'Greater Than' and 'Hapusa'. The acquisition aligns with USL's strategy to expand in the growing premium gin market in India and is expected to create synergies in distribution and marketing.

United Spirits Shares See Significant Block Trade on NSE Jun 11, 2025

United Spirits Faces Potential Impact as Maharashtra Hikes Liquor Excise Duty Jun 11, 2025

Maharashtra Hikes Liquor Excise Duty, United Spirits Faces Price Pressure Jun 10, 2025

Diageo Refutes Speculation on Royal Challengers Bangalore Stake Sale Jun 10, 2025

More news about United Spirits

10Jun 25

United Spirits Shares Rise as Diageo Considers Selling Stake in IPL Team Royal Challengers Bengaluru

United Spirits, a Diageo subsidiary, is considering selling part or all of its stake in the IPL team Royal Challengers Bengaluru. Diageo is seeking a valuation of up to $2 billion for the team, significantly higher than previous estimates. The news has led to a 3.28% increase in United Spirits' share price. This move could allow Diageo to focus on its core beverage business and unlock value from non-core assets. The potential sale occurs amid the IPL's growing financial might and reports of possible regulatory changes regarding alcohol brand promotion in the league.

26May 25

United Spirits Sets Ambitious Innovation Targets, Maintains Working Capital Efficiency

United Spirits Ltd. aims to double its innovation contribution to Net Sales Value (NSV) from high single-digit or low double-digit to a higher range within 3-5 years. The company also plans to maintain its working capital within 16.00% to 20.00%. This dual strategy focuses on growth through innovation and maintaining financial stability through operational efficiency.

23May 25

United Spirits Anticipates Volume Growth from Potential Duty Reduction

United Spirits expects significant benefits from a potential reduction in import duties from 150% to 75%. The company anticipates high single-digit additional volume growth and a similar price reduction for consumers. These positive impacts are expected to materialize around FY27. Despite these changes, margins are projected to remain range-bound in the next couple of years.

23May 25

United Spirits Executive Highlights Potential Benefits of India-UK FTA for Whiskey Industry

An executive from United Spirits, a leading Indian alcoholic beverage company, has commented on the potential impact of the India-UK Free Trade Agreement (FTA) on the whiskey market. The FTA is expected to improve cost accessibility in the world's largest whiskey market, potentially reducing trade barriers, increasing market access, and enhancing competitiveness for both Indian and UK whiskey producers. This development could lead to more competitive pricing and increased market opportunities in both countries.

21May 25

United Spirits: Q4 Profit Soars 75% YoY to Rs 421 Crore, Margins Expand on Premiumisation

United Spirits, a leading Indian alcoholic beverage company, has reported strong Q4 financial results. Net profit surged 75% to Rs 421.00 crore, while revenue grew 2% to Rs 6,634.00 crore. EBITDA increased 38% to Rs 460.00 crore, and Net Sales Value rose 9% to Rs 3,031.00 crore. The company saw significant margin expansion, with gross margin expanding by 114 bps to 44.5% and EBITDA margin growing by 356 bps to 17.1%. United Spirits recommended a final dividend of Rs 8.00 per equity share.

20May 25

United Spirits Reports Strong Quarterly Performance, Announces ₹8 Dividend

United Spirits has released its Q4 financial results, showing significant growth. Revenue increased by 8.9% to ₹3,031.00 crore, while net profit soared by 74.7% to ₹421.00 crore. EBITDA grew by 37.7%, and operating margins improved to 15.2%. The Prestige & Above segment saw 13.2% NSV growth. For the full fiscal year, consolidated net sales rose 6.6% to ₹12,069.00 crore, with net profit up 12.4% to ₹1,582.00 crore. The board has recommended a final dividend of ₹8.00 per equity share.

19May 25

United Spirits Poised for Strong Q4 Performance, Analysts Predict

United Spirits Ltd., a leading Indian alcoholic beverage company, is expected to announce robust Q4 results. Analysts anticipate double-digit revenue growth, margin expansion, and strong performance in the Prestige & Above portfolio. Key factors driving this optimism include favorable regulatory changes, easing input costs, and strong demand in premium segments. The company's focus on premium categories is likely to yield positive outcomes, reflecting successful capitalization on the premiumization trend in the Indian alcohol market.

30Apr 25

United Spirits Appeals ₹1,337.00 Crore Loan Dispute in Karnataka High Court

United Spirits Limited has filed an appeal in the Karnataka High Court challenging a Commercial Court decision that upheld an arbitral tribunal's rejection of its ₹1,337 crore loan claim against United Breweries Ltd as premature. The dispute stems from a 2013 loan agreement with United Breweries (Holdings) Limited. United Spirits is seeking to recover the loan amount plus 9.50% annual interest. The company states it does not expect immediate financial implications from this legal action.

21Apr 25

United Spirits Poised to Benefit from Potential India-UK Free Trade Agreement

United Spirits may see improved business prospects as India and the UK near completion of a Free Trade Agreement (FTA), expected to be signed by month-end. The deal could significantly reduce duties on imported Scotch whisky, benefiting United Spirits' premium spirits segment. This may lead to reduced import costs, more competitive pricing, and expanded market opportunities for Scotch brands in India. An early harvest deal with the EU is also under consideration, potentially further reshaping the imported spirits landscape in India.

11Apr 25

United Spirits Secures Major Tax Relief, Demand Slashed by 99.8%

United Spirits Limited (USL) has received a favorable order from the Commissioner of Central Tax, Bengaluru, reducing its tax demand from ₹527.70 crore to ₹0.88 crore, a 99.8% reduction. The relief covers service tax demands, issues related to Contract Bottling Units, and CENVAT credit matters for the period from September 2004 to June 2017. Despite the significant reduction, USL plans to appeal against the remaining tax demand. The company expects no material financial implications based on its risk assessment.

02Apr 25

United Spirits Ltd Announces Rs 4 Per Share Interim Dividend for FY2025

United Spirits Ltd (USL) has announced an interim dividend of Rs 4.00 per share for FY2025, with a total payout of Rs 291.00 crore. Key dates include: Last Date to Buy Shares - April 2, 2024; Record Date - April 3, 2024; Dividend Credit Date - April 21, 2024. The company's promoters, holding over 56% stake, will receive a significant portion of the dividend. Investors must purchase shares by April 2, 2024, to be eligible for the dividend.

01Apr 25

United Spirits Sells Prime Mumbai Property for ₹172.00 Crore

United Spirits has approved the sale of a luxury residential property in Mumbai's upscale Malabar Hills area for ₹172.00 crore. The property includes a ground floor, two upper floors, and comes with furniture, fixtures, and fittings. This sale of a non-core asset could provide the company with additional liquidity and may be part of a strategy to optimize its asset portfolio and focus on core business operations in the alcoholic beverage industry.

31Mar 25

United Spirits Limited Sells Mumbai Property for ₹172 Crore

United Spirits Limited (USL) has sold a residential property in Mumbai's Malabar Hill area for ₹172.00 crore. The sale includes furniture, fixtures, and fittings. The buyers are Mr. Ajaykumar Dineshkumar Vaghani and Mrs. Manisha Ajay Vaghani, who are not related to the company's promoters or group companies. USL has disclosed the transaction details to stock exchanges in compliance with SEBI regulations, confirming it's not a related party transaction and doesn't include special rights.

27Mar 25

United Spirits Approves ₹4/Share Interim Dividend for FY25, Sets Record Date

United Spirits Ltd has approved an interim dividend of ₹4.00 per equity share for the fiscal year 2025. The record date is set for April 3, 2025, with payment to be made on or after April 21, 2025. Following the announcement, the company's stock price increased by 2.50% on the stock exchange.

25Mar 25

United Spirits Ltd Revises Record Date for Interim Dividend to April 3, 2025

United Spirits Ltd has changed the record date for its upcoming interim dividend from April 2 to April 3, 2025. The board meeting to consider the dividend remains scheduled for March 27, 2025. Eligible shareholders as of the new record date will receive the dividend if declared. This change has been communicated to stock exchanges in compliance with SEBI regulations.