United Breweries Ltd.
Snapshot View

1420.05 +0.35 ▲0.0%

30 July 2021, 04:00:00 P.M.
Volume: 21,728

Overview View Details

Sector Alcohol Compare with Sector peers
Industry Breweries & Distilleries Compare with Industry peers
Website http://www.unitedbreweries.com
Financial Indicators
Market Cap 37,751.77 Cr.
Earnings per share (EPS) 9.78 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 146.04 Trailing Twelve Months Ending 2021-06
Industry PE 75.01 Trailing Twelve Months Ending 2021-06
Book Value / Share 136.65 Trailing Twelve Months Ending 2021-06
Price to Book Value 10.45 Calculated using Price: 1,427.80
Dividend Yield 0.04 Period Ending 2021-03
No. of Shares Subscribed 26.44 Cr. 264,405,149 Shares
FaceValue 1
Company Profile

In 1915, the foundation of Good Times was laid with the coming together of 5 breweries in South India. The company’s beer business has shown strong growth and it is the undisputed king of the Indian beer market. United Breweries Limited is synonymous with innovation and aggressive marketing that is complemented by a strong distribution network which encompasses an impressive spread of owned and contract manufacturing facilities across the country. The company’s flagship brand 'Kingfisher', has achieved international recognition consistently, and has won many awards at international beer festivals. It’s most popular beer, Kingfisher Premium Lager beer, is currently available in many countries and leads the way among Indian beers in the international market.

Business area of the company

The company is into breweries business. It is among the largest beer company.

Products

Alcoholic Brands

  • Kingfisher Premium
  • Kingfisher Strong
  • Kingfisher Ultra
  • Kingfisher Ultra Max
  • Kingfisher Ultra Witbier
  • Kingfisher Storm
  • Kingfisher Blue
  • Heineken
  • Amstel Bier
  • Sol
  • Affligem
  • Edelweiss
  • Desperados
  • Bullet
  • Cannon 10000
  • Zingaro
  • Kalyani Black Label
  • UB Export
  • UB Export Strong
  • London Pilsner
  • London Pilsner Strong

Non-Alcoholic Brands

  • Kingfisher Radler Lemon
  • Kingfisher Radler Mint & Lime
  • Kingfisher Radler Ginger & Lime
  • Kingfisher Premium Packaged Drinking Water
  • Kingfisher Strong Power Soda
  • Kingfisher Storm Strong Soda
  • Kingfisher Ultra Non-Alcoholic
  • Heineken 0.0
  • Amstel Malt Classic Non-Alcoholic

Awards

2017:

  • UBl Chennai received the prestigious safety management award for the year 2017 from Govt. of Tamil Nadu.
  • UBL Chamundi received two award first place from CII-EHS for 2017-18 and CII – Excellence in EHS with five star rating for 2017-18.

2018:

  • UBL Chennai & UBL Kuthambakkam were awarded 3-star ratings from the CII for Excellence in EHS.
  • UBL Chamundi has been awarded a 4-star rating from the CII for Excellence in EHS.
  • UBL Palakkad was awarded the 1st place by the Kerala State Pollution Control Board for Best Environment Initiatives in the large-scale Industries category.

2019:

  • UBL Palakkad was awarded for its good safety system practice by the Kerala State Factories & Boilers in large-scale industries for the year 2019.
  • UBL Chamundi won the Platinum award the Platinum award at the 18th annual Genentech Safety function 2019.
  • UBL Srikakulam was awarded a three-star rating in appreciation to EHS practices at the CII-SR EHS Excellence Awards 2019.
  • UBL Mangalore won the Green Award - 2019 from the KSPCB.
  • Kingfisher Storm produced by its brewery at Srikakulam won the award “The Country’s Best” in World Beer Awards 2019, at United Kingdom.
  • Brewery in Alwar, Rajasthan was bestowed with Bhamashah Award “Shiksha Bhushan” for the 5th consecutive year for exemplary work in the field of education under its CSR programme.
  • Breweries in Tamilnadu received awards from Tiruvallur District Collector under “CSR MUMMARI SCHEME (Water Rejuvenation Project)” for its CSR activity.

Milestones

  • 1915: United Breweries (UB) forays into brewing with 5 breweries in South India.
  • 1944: First bottled beer is created under the label 'Exports Beer'.
  • 1948: Mr. Vittal Mallya becomes first Chairman.
  • 1950: Bangalore is made headquarters.
  • 1960: Kalyani Breweries is set up in Kalyani, West Bengal.
  • 1965: Kesarwal Beverages is set up in Goa.
  • 1974: High Range Breweries is set up in Cherthala in Kerala.
  • 1974: UB brand is exported to Aden and Middle East.
  • 1978: Punjab Breweries is set up in Ludhiana, Punjab.
  • 1978: Kingfisher Premium is launched.
  • 1981: Kingfisher canned beer is launched.
  • 1982: Kingfisher Lager is launched in the UK & USA.
  • 1983: Dr. Vijay Mallya becomes Chairman.
  • 1993: Punjab Breweries, High Range Breweries, Kalyani Breweries & Kesarval Beverages get amalgamated into UB.
  • 1994: Premier Breweries gets amalgamated into UB.
  • 1996: Bombay Breweries is acquired.
  • 1999: Kingfisher Strong is launched.
  • 2000: Associated Breweries and Mangalore Breweries are acquired.
  • 2001: Inertia Industries (name changed to Millennium Beer) gets acquired.
  • 2001: Scheme of arrangement for separating brewery business into a new entity is introduced.
  • 2002: Enters a Joint Venture with Scottish & Newcastle UK and McDowell Alcobev Ltd. (name since changed to Millennium Alcobev Pvt. Ltd. – MAPL).
  • 2002: MAPL acquires GMR Beverages, Empee Breweries. GMR, Empee and Millennium Beer become subsidiaries of MAPL.
  • 2005: UB enters into strategic alliance with Scottish & Newcastle. Scottish & Newcastle acquires equity shares of UB and becomes an equal promoter.
  • 2005: Brewery business of Associated Breweries gets demerged into UB and Mangalore Breweries is amalgamated into UB. Associated Breweries continues to hold investments and remains a subsidiary of UB.
  • 2006: Karnataka Breweries is acquired.
  • 2006: Karnataka Breweries, London Pilsner Breweries and London Draft Pubs is amalgamated into UB.
  • 2007: Greenfield breweries in Chopanki, Rajasthan and Khurda, Odisha commence operations.
  • 2008: Kingfisher Blue is launched.
  • 2009: Heineken NV acquires control over Scottish & Newcastle, and Heineken becomes promoter of UB.
  • 2009: Kingfisher Ultra is launched.
  • 2010: Greenfield brewery in Sangareddy District, Andhra Pradesh, commences operations.
  • 2010: Heineken breweries in India come under the Management of UB.
  • 2010: MAPL and four breweries of MAPL subsidiaries are amalgamated into UB.
  • 2010: Associated Breweries and UB Nizam Breweries are amalgamated into UB.
  • 2011: UB Ajanta Breweries and Chennai Breweries are amalgamated into UB.
  • 2012: Greenfield Brewery in Nanjungud, Karnataka, commences operations.
  • 2012: Heineken is brewed by UB in India.
  • 2012: Scottish & Newcastle India is amalgamated into UB.
  • 2014: UB acquires brewery assets i.e. land, building, plant and equipment in Shahjahanpur, Rajasthan.
  • 2015: Greenfield Brewery in Naubatpur, Patna, Bihar commences operations.
  • 2015: Kingfisher Ultra Max is launched.
  • 2016: Kingfisher Buzz is launched.
  • 2017: Kingfisher Storm is launched.
  • 2018: Kingfisher Radler is launched.
  • 2018: Kingfisher forays into the non-alcoholic segment.
  • 2018: Completed a comprehensive 3600 machine guard audit for all the breweries to ensure high levels of safety when working on machines and moving parts.
  • 2019: Ultra Max achieves one million cases.
  • 2019: Kingfisher Ultra Draught is launched.
  • 2020: UB Export signed Sandalwood superstar Rakshit Shetty.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.02%
1 Week
-1.66%
1 Month
-1.90%
3 Month
+17.08%
6 Month
+9.33%
1 Year
+47.11%
2 Year
+1.42%
5 Year
+74.80%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 12.65 14.75 14.94 14.94 10.26 15.71 19.18 12.78 3.21
Return on Capital Employed (%) 13.37 14.42 16.06 19.00 13.83 22.10 28.46 16.74 5.04
Return on Assets (%) 4.91 5.93 6.69 7.24 5.20 8.58 11.15 7.73 1.97

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 1,511 1,707 1,851 2,147 2,334 2,690 3,184 3,520 3,582
Non Curr. Liab. 821 613 583 330 239 233 98 185 161
Curr. Liab. 1,406 1,576 1,449 1,886 1,903 1,797 2,100 1,990 2,138
Minority Int. 2 2 2 3 3 3 3 3 4
Equity & Liab. 3,740 3,898 3,885 4,366 4,479 4,723 5,384 5,699 5,885
Non Curr. Assets 1,879 1,895 2,124 2,185 2,113 2,083 2,383 2,738 2,561
Curr. Assets 1,861 2,003 1,761 2,181 2,365 2,641 3,001 2,961 3,324
Misc. Exp. not W/O
Total Assets 3,740 3,898 3,885 4,366 4,479 4,723 5,384 5,699 5,885

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 3,559 3,899 4,230 4,688 4,833 4,729 6,475 6,509 4,243
Other Income 73 39 15 38 86 52 32 9 50
Total Income 3,632 3,938 4,245 4,726 4,920 4,781 6,507 6,519 4,293
Total Expenditure -3,147 -3,422 -3,632 -4,066 -4,140 -4,087 -5,337 -5,633 -3,862
PBIDT 485 516 612 659 779 694 1,170 885 431
Interest -99 -80 -80 -73 -81 -59 -31 -31 -23
Depreciation -149 -170 -198 -208 -244 -287 -260 -285 -232
Taxation -91 -93 -109 -119 -156 -118 -316 -141 -56
Exceptional Items -20 -7
PAT 127 173 226 260 299 230 563 428 114

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 152 290 841 539 544 563 643 508 620
Cash Fr. Inv. -432 -158 -329 -245 -234 -197 -430 -402 -152
Cash Fr. Finan. 211 -172 -572 -297 -301 -364 -196 -95 -88
Net Change -68 -40 -60 -3 9 3 17 10 380
Cash & Cash Eqvt 107 67 6 3 13 15 19 29 410

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 57.72 57.72 57.72 57.72 57.72 57.72 57.72 57.72 72.71
Public 42.28 42.28 42.28 42.28 42.28 42.28 42.28 42.28 27.29
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 18.20 18.20 18.20 18.20 18.20 18.20 18.20 18.20 14.45

Announcements View Details

Fri, 30 Jul 2021
Disclosure Of Regulation 30 Of The SEBI (LODR) Regulations 2015 - Change In Director
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015 (the Regulations) this is to inform you that Mr. A K Ravi Nedungadi (DIN 00103214) a Non-Executive Director of the Company did not seek re-appointment at the Annual General Meeting held on July 29 2021. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015 read with item 7 Para A Part A of Schedule III to the said Regulations the following disclosure is furnished. The Resolution for Mr. Berend Cornelis Roelof Odink as Director and Chief Financial Officer has been approved. Intimation was already provided on June 29 2021.

You are requested to take the above information on record.
Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
With reference to above captioned subject we wish to inform that the members of the Company through Annual General Meeting held on July 29 2021 have by way of Special Resolution approved the amendment to the Articles of Association of United Breweries Limited as stated Annexure to Notice of Annual General Meeting dated July 04 2021.

A copy of amended/restated Articles of Association of the Company is attached herewith as Annexure-A for your record.

The above information will also be made available on the website of the Company; www.unitedbreweries.com.

You are requested to take the above information on record.
Fri, 30 Jul 2021
Shareholder Meeting / Postal Ballot-Outcome of AGM
In terms of clause 13 of Para A Part A of Schedule III of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015 we attached herewith Summary of Proceedings of Twenty-second Annual General Meeting of the Company held on July 29 2021.

Technical Scans View Details

Fri, 30 Jul 2021
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Close Crossing 20 EMA From Below Close Crossing 20 EMA From Below
NR 4 NR 4
NR 7 NR 7

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