United Spirits Ltd.
NSE: UNITDSPRUnited Spirits Ltd.: A 30-second snapshot
United Spirits (UNITDSPR), the Diageo-controlled Indian spirits company, trades at ₹1,270 as of early June 2026 — down 16.29% over the past 12 months and 21.98% below its 52-week high. The stock carries a trailing PE of 51.75 and a debt-to-equity of 4.611, the latter a notable outlier relative to FMCG sector peers. Q4 FY26 results showed a profit of ₹5.71 billion with modest revenue growth, supported by premium segment demand.
P/E
51.8
Forward P/E
40.1
ROE
+20.0%
Debt / Equity
4.61
Profit Margin
+14.7%
Div. Yield
+1.3%
5Y ROE > 15%
4/5
5Y FCF > 0
4/5
Quality
63/100
News
7 headlines · 5 positive · 0 negative
UNITDSPR: Profit and revenue rose, with major portfolio moves and stable outlook despite ongoing legal risks - TradingView
TradingView
United Spirits Recommends Final Dividend Of 11 Rupees Per Share - TradingView
TradingView
United Spirits Q4 Profit 5.71 Billion Rupees - TradingView
TradingView
United Spirits sees modest Q4 sales growth and a strong FY26 as premium segment drives gains - CNBC TV18
CNBC TV18
Diageo's Indian unit's profit jumps on premium demand - Yahoo Finance Singapore
Yahoo Finance Singapore
Recent context
- ·Q4 FY26 net profit of ₹5.71 billion was reported alongside a final dividend of ₹11 per share, with management citing the premium segment as the primary driver of FY26 gains (CNBC TV18, May 2026).
- ·News headlines from May 2026 note ongoing legal risks alongside the profit and revenue improvement, without specifying the nature or quantum of the legal exposure.
- ·A TradingView summary from May 2026 cited major portfolio moves and a stable outlook, consistent with Diageo's broader strategy of premiumising the United Spirits portfolio away from mass-market spirits.
Strengths
- +5-year earnings growth of 28% alongside FCF positive in 4 of available years, with a consistency score of 65, indicates a multi-year earnings trajectory that has compounded at above-sector-average rates.
- +Forward PE of 40.10 represents a compression of roughly 11 turns from the trailing PE of 51.75, implying analyst consensus embeds meaningful near-term earnings growth into current pricing.
- +Dividend of ₹11 per share recommended for FY26, translating to a 1.34% yield; dividend maintenance alongside ongoing premium-segment demand signals management confidence in cash generation.
- +Analyst mean rating of 1.92 across 26 analysts (1–5 scale, lower = more constructive) reflects a concentrated and constructive coverage base for a mid-large FMCG name.
Weaknesses
- −Debt-to-equity of 4.611 with a rising debt trend is a structural outlier in FMCG — sector peers including Hindustan Unilever and Britannia carry materially lower leverage, elevating UNITDSPR's sensitivity to rate and liquidity conditions.
- −ROE of 20.03% ranks 5th of 6 among tracked FMCG peers; quality score of 50 places the company mid-pack in the sector, below Nestle India (76.34% ROE), Britannia (53.31%), and Hindustan Unilever (21.6%).
- −Price has declined 16.29% over 12 months and 10.09% over 3 months, remaining below both the 50-DMA (₹1,294.66) and 200-DMA (₹1,348), with the 52-week drawdown reaching 21.98% — sustained underperformance relative to the market cycle.
- −Revenue growth of 0.8% over 5 years is sluggish relative to the 28% 5-year earnings growth figure, implying margin expansion rather than volume/price-driven top-line compounding, a profile more vulnerable to cost-cycle reversal.
Open questions
- ?Does the 4.611 D/E ratio reflect a deliberate capital structure choice by Diageo, and how has the interest coverage ratio trended as debt has risen?
- ?Is the 28% 5-year earnings growth rate attributable to operating leverage from premiumisation, one-time items, or changes in the cost base — and how sustainable is it at the current revenue growth rate of 0.8%?
- ?What is the nature of the ongoing legal risks referenced in recent news, and what is the potential financial exposure relative to the company's current earnings base?
- ?How does UNITDSPR's forward PE of 40.10 compare to its own 5-year historical PE range, and what earnings growth rate is embedded in the current valuation at this price level?
Peer comparison: FMCG
Ranks 3 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| UNITDSPR | United Spirits Ltd.You're viewing | 51.8 | +20.0% | 50 |
| Industry avg | across 5 peers | 52.4 | +37.5% | 51 |
| NESTLEIND | Nestle India Ltd. | 76.5 | +76.3% | 61 |
| HINDUNILVR | Hindustan Unilever Ltd. | 46.1 | +21.6% | 58 |
| BRITANNIA | Britannia Industries Ltd. | 49.1 | +53.3% | 50 |
| TATACONSUM | Tata Consumer Products Ltd. | 73.5 | +6.9% | 45 |
| ITC | ITC Ltd. | 16.9 | +29.3% | 41 |
Technical state
Current price
₹1,270.00
SMA 50
₹1,294.66
SMA 200
₹1,348.00
RSI (14)
43.1 (neutral)
From 52w high
-22.0%
1Y return
-16.3%
3M return
-10.1%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 4.611 is a structural outlier within the FMCG sector; peers such as Hindustan Unilever, ITC, and Britannia carry materially lower leverage ratios, meaning UNITDSPR services a significantly larger debt burden relative to its equity base — and the debt trend is flagged as rising.
- mediumPrice at ₹1,270 sits below both the 50-DMA (₹1,294.66) and 200-DMA (₹1,348), with a 52-week drawdown of 21.98%, a 12-month price change of -16.29%, and a 3-month change of -10.09% — weakness is consistent across all three measured timeframes.
- mediumROE of 20.03% ranks 5th of 6 tracked FMCG peers; quality score of 50 ranks 3rd of 6. The consistencyScore of 65 and only 4 of available years with ROE above 15% indicate a mid-pack rather than structurally superior fundamental profile within the sector.
Cross-section contradictions
- 5-year earnings growth of 28% and FCF positive in 4 of available years stand alongside a 12-month price decline of 16.29% with the stock below both the 50-DMA and 200-DMA — reported fundamental momentum and price action have diverged materially over the past year.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 1 Jun 2026 · rotates through NIFTY 500 every ~5 days