United Spirits enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


93,489	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
2,086	2,016	2,201	1,651	371
4.0	4.0	0.0	0.0	0.0
6.0	6.0	0.0	25.0	1.1
91,413	—	—	—	—
−2,080	−2,010	−2,201	−1,626	−370
₹1,260.87	—	—	—	—

9,072	8,963	8,104	7,146	6,001
0.1%	0.1%	0.0%	0.3%	0.0%
0.00×	—	—	—	—

3.27×	—	—	—	—
40.38×	—	—	—	—
46.64×	—	—	—	—
71.53×	—	—	—	—
27,933	27,816	27,276	26,018	27,815
2,264	2,286	2,243	2,001	1,417
1,960	1,997	1,960	1,726	1,134
—	1,459	1,947	1,118	615
1,278	1,278	1,785	1,020	478
—	1,270	1,775	1,015	474
—	181	162	98.0	137

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

UNITDSPR₹1,289.50

United Spirits Ltd.

· FMCG & Retail

₹ CrorePeersRADICO UBL TI VBL GODREJCP BRITANNIA TATACONSUM NESTLEINDMcap ₹93,489 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	93,488.8
- Cash, Equiv & ST Investments	370.9	1,651.0	2,201.0	2,016.0	2,086.0
+ Minority Interest	0.0	0.0	0.0	4.0	4.0
+ Total Debt	1.1	25.0	0.0	6.0	6.0
Enterprise Value	—	—	—	—	91,412.8
Net Debt (memo)	-369.8	-1,626.0	-2,201.0	-2,010.0	-2,080.0
EV per Share	—	—	—	—	1,260.87

Total Capital	6,000.6	7,146.0	8,104.0	8,963.0	9,072.0
Total Debt/Total Capital	0.02	0.35	0.00	0.07	0.07
Total Debt/EV	—	—	—	—	0.00

EV/Sales	—	—	—	—	3.27
EV/EBITDA	—	—	—	—	40.38
EV/EBIT	—	—	—	—	46.64
EV/Free Cash Flow	—	—	—	—	71.53
Reference Items — Trailing FY Values
Sales	27,815.4	26,018.0	27,276.0	27,816.0	27,933.0
EBITDA	1,416.9	2,001.0	2,243.0	2,286.0	2,264.0
EBIT	1,134.4	1,726.0	1,960.0	1,997.0	1,960.0
Operating Cash Flow	614.7	1,118.0	1,947.0	1,459.0	—
Free Cash Flow	478.1	1,020.0	1,785.0	1,278.0	1,278.0
FCFF (free cash flow to the firm)	473.8	1,014.9	1,774.7	1,269.5	—
Capital Expenditure	136.6	98.0	162.0	181.0	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.