Valuation United Breweries Limited NSE India S.E.

Equities

Market Closed - NSE India S.E. Other stock markets 12:05:10 18/05/2026 BST			5-day change	1st Jan Change
1,354.50 ^INR	-0.97%		-4.60%	-16.48%

08:10am	United Breweries closure of operations of Ludhiana brewery/unit	RE
05-12	United Breweries favourable tax order reduced demand to 70 million rupees	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	328,285	393,646	376,751	458,042	529,009	357,925	-	-
Change	-	19.91%	-4.29%	21.58%	15.49%	-32.34%	-	-
Enterprise Value (EV) ¹	324,738	384,647	372,954	456,146	530,780	415,202	367,352	367,494
Change	-	18.45%	-3.04%	22.31%	16.36%	-21.78%	2.62%	0.04%
P/E ratio	290x	108x	124x	112x	120x	98.7x	77.8x	47.3x
PBR	9.16x	10x	9.5x	11x	12.1x	9.02x	7.69x	7.09x
PEG	-	0x	-7.4x	3.2x	15.51x	-15.27x	-7.1x	0.7x
Capitalization / Revenue	7.74x	6.74x	5.02x	5.64x	5.93x	4.41x	3.48x	3.12x
EV / Revenue	7.65x	6.59x	4.97x	5.62x	5.95x	4.49x	3.57x	3.2x
EV / EBITDA	85.2x	55.2x	60.5x	65.5x	63.1x	51.5x	37x	27.2x
EV / EBIT	218x	80.2x	91.9x	94.2x	87.3x	77.8x	61.6x	39.2x
EV / FCF	77.4x	53x	-135x	-400x	-2,283x	-541x	75.1x	84x
FCF Yield	1.29%	1.89%	-0.74%	-0.25%	-0.04%	-0.18%	1.33%	1.19%
Dividend per Share ²	0.5	10.5	7.5	10	10	10	10.83	16.18
Rate of return	0.04%	0.71%	0.53%	0.58%	0.5%	0.65%	0.8%	1.2%
EPS ²	4.28	13.82	11.5	15.51	16.71	15.63	17.4	28.59
Distribution rate	11.7%	76%	65.2%	64.5%	59.8%	64%	62.3%	56.6%
Net sales ¹	42,431	58,384	74,999	81,227	89,151	92,399	102,958	114,757
EBITDA ¹	3,811	6,966	6,162	6,962	8,408	8,055	9,938	13,529
EBIT ¹	1,490	4,794	4,056	4,843	6,078	5,335	5,961	9,364
Net income ¹	1,132	3,655	3,040	4,100	4,417	4,132	4,485	7,517
Net Debt ¹	-3,547	-8,999	-3,797	-1,896	1,771	7,450	9,426	9,569
Reference price ²	1,241.60	1,488.80	1,424.90	1,732.35	2,000.75	1,353.70	1,353.70	1,353.70
Nbr of stocks (in thousands)	264,405	264,405	264,405	264,405	264,405	264,405	-	-
Announcement Date	27/04/21	26/04/22	04/05/23	07/05/24	07/05/25	05/05/26	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ANHEUSER-BUSCH INBEV SA/NV	17.56x	3.36x	9.3x	1.78%	158B
AMBEV S.A.	15.31x	2.46x	7.29x	5.98%	48.14B
HEINEKEN N.V.	14.34x	1.72x	7.62x	3.06%	41.71B
CONSTELLATION BRANDS, INC.	12.28x	3.85x	10.18x	2.96%	24.51B
CARLSBERG A/S	13.68x	1.85x	8.65x	3.76%	17.96B
ASAHI GROUP HOLDINGS, LTD.	14.85x	1.22x	8.86x	3.3%	14.16B
KIRIN HOLDINGS COMPANY, LIMITED	12.31x	1.16x	8.01x	3.01%	13.28B
Average	14.33x	2.23x	8.56x	3.41%	45.34B
Weighted average by Cap.	15.83x	2.77x	8.73x	2.91%