United Spirits Ltd

United Spirits Ltd

Fortune 500 2024
+ 14 More
+ 14 More
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

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
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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)
76104881882122372783754576871323985876456619738
Cash & Bank Balance
(INR Cr)
126988360847428325687137363705282363632769449
Total Debt
(INR Cr)
2651836051037257028833421414442434987830782428164671158507804

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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 0.040.030.120.250.690.931.412.322.607.562.741.721.751.611.553.28
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%