United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 47714.73 Crore) operating in Beverages – Alcoholic sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 1729.50 Crore, down -22.62 % from last quarter Total Income of Rs 2235.00 Crore and up 66.76 % from last year same quarter Total Income of Rs 1037.10 Crore. Company reported net profit after tax of Rs 50.30 Crore in latest quarter.
Investment Rationale
The ongoing strategic review of the Popular segment (to be concluded by Dec’21) as well as the business strategy refresh being undertaken by the CEO, who took over earlier this month, could be important milestones in driving medium to long term earnings growth.
Promoter/FII Holdings
Promoters held 56.8 per cent stake in the company as of June 30, 2021, while FIIs held 19 per cent, DIIs 9.9 per cent and public and others 14.3 per cent.
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