| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 6.9K | 13.7% | 3.3% |
| Total Income | 7.2K | 10.6% | 5.0% |
| Expenditure | 6.4K | 13.9% | 2.3% |
| PBT | 703.00 | 29.9% | 29.5% |
| Net Profit | 539.00 | 29.0% | 28.0% |
| OPM | 8.07% | 0.65pp | 1.14pp |
| NPM | 7.54% | 2.31pp | 1.36pp |
| EPS | 8.00 | 36.0% | 34.9% |
United Spirits FY26 Net Sales Value at ₹12,467 Cr, Up 7.7%
14 May 2026 · 14 May, 6:42 pm
Summary
United Spirits Ltd. reported a resilient performance for the fourth quarter and financial year ended March 31, 2026. For Q4FY26, consolidated net sales value grew by 3.7% to INR3,054 crore, with consolidated EBITDA increasing by 16.3% to INR593 crore. The full fiscal year 2026 saw consolidated net sales value rise 7.7% to INR12,467 crore and consolidated EBITDA grow 11.0% to INR2,286 crore. Standalone EBITDA margin for Q4FY26 was 19.4%, a 226 bps expansion year-over-year. CEO Praveen Someshwar highlighted a healthy double-digit growth in the core portfolio nationally, excluding an impacted state, and expressed confidence in delivering medium-term double-digit growth, supported by progressive policy in Karnataka and the UK-FTA.
Key Highlights
- 1
Consolidated net sales value for Q4FY26 reached INR3,054 crore, marking a 3.7% increase year-over-year.
- 2
For the full financial year 2026, consolidated net sales value stood at INR12,467 crore, reflecting a growth of 7.7%.
- 3
Consolidated EBITDA for Q4FY26 grew by 16.3% to INR593 crore, while full-year FY26 consolidated EBITDA increased by 11.0% to INR2,286 crore.
- 4
Standalone EBITDA margin for Q4FY26 expanded to 19.4%, with the full-year FY26 margin reported at 18.4%.
- 5
Profit after tax for Q4FY26 was INR568 crore.
- 6
The Board of Directors approved the sale of the company's 100% stake in Royal Challengers Sports Private Limited (RCSPL) on March 24, 2026.
- 7
A final dividend of INR11.0 per share has been recommended for the fiscal year 2026.
Management Comments
Praveen Someshwar
We have delivered a resilient fiscal 2026 amidst an adverse policy in a salient state. The core portfolio at a national level, barring the impacted state, has delivered a broad-based and healthy double-digit growth setting us up for a strong FY27. We welcome the progressive policy in the state of Karnataka, which has the potential to provide a fillip to the premiumisation journey in the state. This, along with UK-FTA on the anvil, bodes well for our business and gives us confidence to deliver on our medium-term guidance of double-digit growth. During the quarter, the Board of Directors have approved the sale of our 100% stake in Royal Challengers Sports Private Limited (RCSPL) on 24th March 2026. The transaction is subject to the receipt of all requisite approvals, including from the CCI and the BCCI. This transaction further enables us to sharpen our focus on the core beverage alcohol business. The Board of Directors have recommended a final dividend of INR11.0 per share for the fiscal year 2025-26, subject to Shareholder’s approval. Looking ahead, we are excited on the consumer opportunity in India and confident to capture it through our innovation muscle and by tapping into the key white spaces through both category participation and creation in a value-accretive manner.
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