StockWatch
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Breweries & Distilleries
Business Update4 Jun 2026, 09:11 pm

United Spirits to close Hyderabad factory by Aug 2026; 2% revenue impact

AI Summary

United Spirits Ltd announced the proposed closure of its manufacturing unit in Hyderabad, India, by August 31, 2026. This decision is part of the company's multi-year Supply Chain Agility Program, approved in January 2023. The unit contributed approximately 2% (₹599 crore) to the company's revenue from operations during the financial year 2025-26. The company plans to transfer the excise license to another party, leading to the cessation of factory operations. The disclosure was made on June 3, 2026, with a delay attributed to internal verification.

Key Highlights

  • United Spirits to close Hyderabad manufacturing unit by August 31, 2026.
  • Unit contributed 2% (₹599 crore) to FY25-26 revenue from operations.
  • Closure is part of a multi-year Supply Chain Agility Program.
  • Company intends to transfer the excise license to another party.
UNITDSPR
Breweries & Distilleries
UNITED SPIRITS LTD.

Price Impact