United Spirits, a leading breweries and distilleries company, is going to be in focus on Thursday. The company's board is scheduled to meet on March 27 for an interim dividend proposal. However, the liquor giant has revised its record date for the upcoming benefit. United Spirits' all-time returns are a whopping 20,612% as of now.
United Spirits Share Price:
After market hours of March 26, United Spirits share price closed at Rs 1359.60 apiece on BSE, down by 0.5% with market cap of Rs 98,890.62 crore. The stock's 52-week high and low is at Rs 1,700 apiece and Rs 1,112.00 apiece respectively.
In 2025 so far, United Spirits stock is down by 18% on BSE. However, in a year, the stock is in green with gains of nearly 21%. In 5 years, United Spirits gave 189.4% returns. Noteworthily, the liquor stock's all-time returns is massive 20,612.33%. Once upon a time, United Spirits share price was at Rs 6.57 apiece on September 28, 2001.
United Spirits Interim Dividend:
The board of directors of the alcohol giant is scheduled to meet on March 27 to consider and approve an interim dividend for FY25.
In its regulatory filing, United Spirits said, "However, the interim dividend, if declared, shall be paid to the shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Thursday, 3rd April 2025 (in lieu of Wednesday, 2nd April 2025) which is the revised record date fixed for this purpose."
As per Trendlyne data, the company rewarded investors with 16 dividends since September 2002. In the last 12 months, the dividend payout was of Rs 5 per share. Currently, it has dividend yield of 0.4%.
Should You Buy United Spirits Share?
As per Trendlyne data, the consensus recommendation from 21 analysts for United Spirits Ltd. is BUY. EPS is expected to grow by 1.9% in FY25. The average 1-year target price is at Rs 1,575.48 apiece, hinting at nearly 16% potential upside.
Some of the positive fundamentals of the stock are --- Stock Price rose 20.01% and outperformed its sector by 12.57% in the past year; Debt to Equity Ratio is zero as the company is debt-free; Mutual Fund Holding increased by 0.1% in the last quarter to 11.5; Promoter Share Holding stayed the same in the most recent quarter at 56.67%.
Also, its return on equity is around 20%. However, its price-to-equity ratio is high at 70.63x.
About United Spirits:
United Spirits Ltd (United Spirits), a subsidiary of Diageo plc, manufactures and sells alcoholic beverages. The company's product portfolio comprises Indian-made foreign liquor (IMFL) whisky, brandy, rum, vodka, gin, and wine. It markets its products under McDowell's No.1, Royal Challenge, Signature, Antiquity, Black Dog, Director's Special Black, and McDowell's Brandy brand names. The company also imports, manufactures, distributes, and sells various Diageo brands such as Captain Morgan, Johnnie Walker, 69, Black & White, Smirnoff, J&B, Baileys, Lagavulin, Talisker, VAT and Ciroc. United Spirits sells its products through retail outlets, strategic franchising, and tie-up manufacturing units (TMUs), with offerings spanning across various price points including Popular, Prestige, Premium, and Luxury. The company operates primarily in India, but also has a presence outside India, serving a diverse customer base. United Spirits is headquartered in Bengaluru, Karnataka, India.
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