United Spirits Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
United Spirits Limited, one of the largest alcoholic beverage companies in India, is a subsidiary of global giant, Diageo. United Spirits ranks as the world’s second-largest spirits firm by volume and is home to iconic brands such as McDowell’s No.1, Black Dog, and Johnnie Walker. The company operates 36 manufacturing facilities across the country, along with a technical centre in Bengaluru, Karnataka. The technical centre, with a team of 25 domain scientists, has helped United Spirits achieve several industry milestones. Some of these include developing India's first pre-mixed gin, the first tetra pack for spirits and manufacturing Asia’s first single malt whisky.
Incorporation Year: 1999
Headquarters: Bengaluru, Karnataka
Top Management: Diageo ; MD & CEO-Hina Nagarajan
Industry: Consumer Goods & Ancillaries
Website: www.diageoindia.com
Featured In Fortune India Ranking
Fortune 500 India
#212(2024)
#199(2023)
#182(2022)
#179(2021)
#154(2020)
#161(2019)
#165(2018)
#153(2017)
#117(2016)
#147(2015)
#103(2014)
#106(2013)
#104(2012)
#103(2011)
#107(2010)
#212(2024)#199(2023)#182(2022)#179(2021)#154(2020)#161(2019)#165(2018)#153(2017)#117(2016)#147(2015)#103(2014)#106(2013)#104(2012)#103(2011)#107(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
11,458
(INR Cr)
Net Operating Income
11,321
(INR Cr)
Assets
7,401
(INR Cr)
Profit
1,408
(INR Cr)
Net Worth
7,121
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 11458 2.3% | 11202 13.8% | 9844 22.0% | 8071 -13.6% | 9344 0.0% | 9347 5.7% | 8841 -0.3% | 8869 -4.8% | 9319 -7.2% | 10044 -14.5% | 11742 13.3% | 10362 3.9% | 9971 - | 7928 21.9% | 6503 13.0% | 5754 - |
| Net Operating Income (INR Cr) | 11321 6.68% | 10612 9.26% | 9712 19.44% | 8131 -12.80% | 9325 -0.16% | 9341 8.73% | 8591 -2.57% | 8818 3.80% | 8495 -9.00% | 9335 -12.06% | 10615 1.11% | 10499 13.57% | - | 7376 15.94% | 6362 16.35% | 5468 19.12% |
| Profit (INR Cr) | 1408 23.8% | 1137 37.2% | 829 116.0% | 384 -41.8% | 659 -5.9% | 700 10.5% | 634 533.2% | 100 -27.6% | 138 - | -1688 - | -4489 - | -101 - | 188 - | 570 - | -23 - | -408 - |
| Assets (INR Cr) | 7401 19.5% | 6194 12.7% | 5495 7.4% | 5115 -18.6% | 6285 4.3% | 6024 2.0% | 5906 -1.1% | 5971 -0.3% | 5990 2.7% | 5835 -50.3% | 11742 -12.9% | 13473 1.6% | 13264 - | 11020 14.4% | 9632 -5.5% | 10196 - |
| Net Worth (INR Cr) | 7121 18.7% | 5999 21.1% | 4954 20.2% | 4120 10.5% | 3728 20.6% | 3090 27.8% | 2419 35.5% | 1786 9.2% | 1635 147.9% | 660 -78.3% | 3032 -36.7% | 4787 2.7% | 4662 - | 4179 10.7% | 3774 58.4% | 2383 14.7% |
| Employee Cost (INR Cr) | 547 -10.3% | 610 -6.6% | 653 17.4% | 556 5.0% | 530 -23.2% | 690 1.3% | 681 -1.1% | 688 1.2% | 680 -12.6% | 778 -9.6% | 860 7.6% | 799 10.3% | 725 55.5% | 466 -12.3% | 531 -18.3% | 649 - |
| Interest Cost (INR Cr) | 76 | 104 | 88 | 188 | 212 | 237 | 278 | 375 | 457 | 687 | 1323 | 985 | 876 | 456 | 619 | 738 |
| Cash & Bank Balance (INR Cr) | 1269 | 883 | 60 | 84 | 74 | 283 | 256 | 87 | 137 | 363 | 705 | 282 | 363 | 632 | 769 | 449 |
| Total Debt (INR Cr) | 265 | 183 | 605 | 1037 | 2570 | 2883 | 3421 | 4144 | 4243 | 4987 | 8307 | 8242 | 8164 | 6711 | 5850 | 7804 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 12.3% | 10.2% | 8.4% | 4.8% | 7.1% | 7.5% | 7.2% | 1.1% | 1.5% | - | - | - | 1.9% | 7.2% | - | - |
| Profit As % Of Assets | 19.0% | 18.4% | 15.1% | 7.5% | 10.5% | 11.6% | 10.7% | 1.7% | 2.3% | - | - | - | 1.4% | 5.2% | - | - |
| Profit As % Of Networth | 19.8% | 19.0% | 16.7% | 9.3% | 17.7% | 22.7% | 26.2% | 5.6% | 8.5% | - | - | - | 4.0% | 13.6% | - | - |
| Interest Cost to EBITDA % | 3.9% | 8.6% | 6.2% | 19.7% | 13.8% | 17.1% | 24.2% | 60.7% | 144.6% | - | - | 91.2% | 79.1% | 39.9% | 86.5% | 190.1% |
| Debt to Equity Ratio | 0.04 | 0.03 | 0.12 | 0.25 | 0.69 | 0.93 | 1.41 | 2.32 | 2.60 | 7.56 | 2.74 | 1.72 | 1.75 | 1.61 | 1.55 | 3.28 |
| RONW | 21.0% | 15.2% | 14.6% | 5.7% | 9.8% | 10.9% | 9.1% | 4.6% | 4.1% | - | - | - | 4.2% | 14.3% | - | - |
| ROCE | 27.8% | 17.4% | 18.6% | 8.9% | 15.1% | 13.1% | 10.6% | 8.3% | 10.0% | 0.0% | 0.0% | 8.0% | 10.0% | 12.5% | 7.3% | 4.4% |