United Spirits: Expects Strong Double-Digit Growth For P&A Portfolio In FY27 Despite Maharashtra And Andhra Pradesh. Company Achieves EBITDA Margin Guidance Of 18.4% In FY26. Smirnoff Projected To Hit ₹1,000 Crores In Net Sales Value In 18 Months.

 18 May 2026 08:44 AM

United Spirits: Expects Strong Double-Digit Growth For P&A Portfolio In FY27 Despite Maharashtra And Andhra Pradesh. Company Achieves EBITDA Margin Guidance Of 18.4% In FY26. Smirnoff Projected To Hit ₹1,000 Crores In Net Sales Value In 18 Months.

United Spirits: Management Plans To Mitigate 50% Of Inflation Through Pricing And The Other 50% By Improving Productivity, Acknowledging That Price Changes Generally Take Time. Management Expects Strong Double-Digit Growth In Karnataka Due To These Strategies And The Strong Performance From Last Year.

 18 May 2026 08:43 AM

United Spirits: Management Plans To Mitigate 50% Of Inflation Through Pricing And The Other 50% By Improving Productivity, Acknowledging That Price Changes Generally Take Time. Management Expects Strong Double-Digit Growth In Karnataka Due To These Strategies And The Strong Performance From Last Year.

United Spirits: Expects Packaging Costs To Rise By 4% To 5% In Q1, Causing A Gross Margin Decrease Of 1.25% To 1.5% (INR 35-40 Crores), Which Could Double In Q2 If Issues Persist. Dividend Payout Ratio Updated To 60% To 85%, And A&P Spending Remains Around 10.5%.

 18 May 2026 08:43 AM

United Spirits: Expects Packaging Costs To Rise By 4% To 5% In Q1, Causing A Gross Margin Decrease Of 1.25% To 1.5% (INR 35-40 Crores), Which Could Double In Q2 If Issues Persist. Dividend Payout Ratio Updated To 60% To 85%, And A&P Spending Remains Around 10.5%.

USL: Nomura maintains a Buy on USL with a Target Price of ₹1650, citing a Q4 sales miss due to the Maharashtra-made liquor impact, while operating margin improved to 19.4% and underlying EBITDA growth remained in line with expectations.

 15 May 2026 08:52 AM

USL: Nomura maintains a Buy on USL with a Target Price of ₹1650, citing a Q4 sales miss due to the Maharashtra-made liquor impact, while operating margin improved to 19.4% and underlying EBITDA growth remained in line with expectations.

United Spirits: JPMorgan maintains an Overweight on United Spirits with a Target Price of ₹1445, citing a margin-led Q4 earnings beat and constructive FY27 outlook despite some revenue impact from export disruptions and state elections.

 15 May 2026 08:55 AM

United Spirits: JPMorgan maintains an Overweight on United Spirits with a Target Price of ₹1445, citing a margin-led Q4 earnings beat and constructive FY27 outlook despite some revenue impact from export disruptions and state elections.

United Spirits: Goldman Sachs maintains a Buy on United Spirits with a Target Price of ₹1480, citing a Q4 EBITDA beat driven by strong margin expansion despite a revenue miss, while indicating focus remains on future margin pressures and the revenue growth outlook.

 15 May 2026 08:55 AM

United Spirits: Goldman Sachs maintains a Buy on United Spirits with a Target Price of ₹1480, citing a Q4 EBITDA beat driven by strong margin expansion despite a revenue miss, while indicating focus remains on future margin pressures and the revenue growth outlook.

UNITED SPIRITS: Q4 SL NET PROFIT 5.71B RUPEES VS 4.51B (YOY) || Q4 REVENUE 68.4B RUPEES VS 65.5B (YOY)

 14 May 2026 06:48 PM

UNITED SPIRITS: Q4 SL NET PROFIT 5.71B RUPEES VS 4.51B (YOY) || Q4 REVENUE 68.4B RUPEES VS 65.5B (YOY)

UNITED SPIRITS: Q4 EBITDA 6B RUPEES VS 5.05B (YOY) || Q4 EBITDA MARGIN 8.64% VS 7.71% (YOY)

 14 May 2026 06:48 PM

UNITED SPIRITS: Q4 EBITDA 6B RUPEES VS 5.05B (YOY) || Q4 EBITDA MARGIN 8.64% VS 7.71% (YOY)

UNITED SPIRITS: RECOMMENDED FINAL DIVIDEND OF INR 11/- PER EQUITY SHARE

 14 May 2026 06:49 PM

UNITED SPIRITS: RECOMMENDED FINAL DIVIDEND OF INR 11/- PER EQUITY SHARE

United Spirits: Updates RCB Stake Sale Deal; Rs. 16,660 Cr Transaction Terms Stay the Same, New Buyers Like Big Banyan Holdings PTE Ltd, Times Cricket LLP, and Iconiq Opportunities RC HoldCo Added.

 12 May 2026 08:04 AM

United Spirits: Updates RCB Stake Sale Deal; Rs. 16,660 Cr Transaction Terms Stay the Same, New Buyers Like Big Banyan Holdings PTE Ltd, Times Cricket LLP, and Iconiq Opportunities RC HoldCo Added.

United Spirits: Goldman Sachs maintains a Buy on United Spirits with a Target Price of ₹1,480, as modest Q4 sales growth (3.7% YoY) missed estimates due to base effects in Maharashtra and Andhra Pradesh and weakness in the Popular segment, partly offset by resilience in the Prestige & Above segment, with further clarity awaited from management commentary.

 06 May 2026 09:13 AM

United Spirits: Goldman Sachs maintains a Buy on United Spirits with a Target Price of ₹1,480, as modest Q4 sales growth (3.7% YoY) missed estimates due to base effects in Maharashtra and Andhra Pradesh and weakness in the Popular segment, partly offset by resilience in the Prestige & Above segment, with further clarity awaited from management commentary.

United Spirits Limited: Macquarie maintains Underperform with Target Price ₹1,350, citing growth likely lagging Pernod Ricard India, Pernod’s 11% sales growth in Mar’26, and marginal market share loss for United Spirits in the March quarter.

 17 Apr 2026 09:04 AM

United Spirits Limited: Macquarie maintains Underperform with Target Price ₹1,350, citing growth likely lagging Pernod Ricard India, Pernod’s 11% sales growth in Mar’26, and marginal market share loss for United Spirits in the March quarter.

United Spirits: Pernod Ricard Reports Q3 Earnings

 16 Apr 2026 02:05 PM

United Spirits: Pernod Ricard Reports Q3 Earnings

United Spirits: India Performs Better Than Any Other Region

 16 Apr 2026 02:06 PM

United Spirits: India Performs Better Than Any Other Region

United Spirits: Pernod Ricard Reports Q3 Results, India Business Shows 11% Organic Net Sales Growth, YTD Sales Up 6% - CNBC Tv18

 16 Apr 2026 02:07 PM

United Spirits: Pernod Ricard Reports Q3 Results, India Business Shows 11% Organic Net Sales Growth, YTD Sales Up 6% - CNBC Tv18

United Spirits: Nuvama on United Spirits Buy maintained, Target Price Rs 1660 as Royal Challengers Bengaluru stake sale removes overhang, unlocks capital from low-contribution asset, enables potential one-time dividend and improves capital allocation, return ratios and strategic clarity.

 27 Mar 2026 09:02 AM

United Spirits: Nuvama on United Spirits Buy maintained, Target Price Rs 1660 as Royal Challengers Bengaluru stake sale removes overhang, unlocks capital from low-contribution asset, enables potential one-time dividend and improves capital allocation, return ratios and strategic clarity.

United Spirits Limited: JPMorgan on United Spirits Limited Overweight, Target Price Rs 1565 as ₹166.6bn divestment of Royal Challengers Sports sharpens focus on core liquor business, unlocking ~₹195–200/share value with deal completion expected within 6 months.

 25 Mar 2026 08:56 AM

United Spirits Limited: JPMorgan on United Spirits Limited Overweight, Target Price Rs 1565 as ₹166.6bn divestment of Royal Challengers Sports sharpens focus on core liquor business, unlocking ~₹195–200/share value with deal completion expected within 6 months.

United Spirits Limited: CLSA on United Spirits Limited Hold, Target Price Rs 1300 as ₹166.6bn sale of Royal Challengers Sports Private Limited (owner of Royal Challengers Bengaluru) values RCB at ~$1.2bn (~₹213/share), limiting upside post monetization.

 25 Mar 2026 08:56 AM

United Spirits Limited: CLSA on United Spirits Limited Hold, Target Price Rs 1300 as ₹166.6bn sale of Royal Challengers Sports Private Limited (owner of Royal Challengers Bengaluru) values RCB at ~$1.2bn (~₹213/share), limiting upside post monetization.

United Spirits: Company Announces Complete Sale Of Its Stake In Royal Challengers Sports Pvt Ltd To A Consortium For INR 166.6B

 24 Mar 2026 10:22 PM

United Spirits: Company Announces Complete Sale Of Its Stake In Royal Challengers Sports Pvt Ltd To A Consortium For INR 166.6B

United Spirits: Analysts Believe Karnataka's Policy Is Not Significantly Beneficial For United Spirits.

 06 Mar 2026 03:08 PM

United Spirits: Analysts Believe Karnataka's Policy Is Not Significantly Beneficial For United Spirits.