Asia300

United Breweries Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jul 21, 2017
Prev close: 813.65
Jul 21, 2017
Market cap:
Market cap(USD):
215,133.26M
3,344.27M
Shares: 264.40M

Currency in INR

Company profile

Market(Ticker): BOM(532478)
Sector:
Industry:
Consumer Non-Durables
Beverages: Alcoholic
Full time employees: --

Business summary

United Breweries Ltd. engages in the manufacture and trade of beer. It manages and operates breweries and does brand licensing. It distributes its products under the following brand names: Kingfisher, Bullet, Cannon 10000, Kalyani Black Label, UB Export, Zingaro, and London Pilsner. The company was founded on March 15, 1915 and is headquartered in Bangalore, India.

Company background

The company is the beer-industry leader in India, controlling about 50% of the market. Dutch brewer Heineken holds a roughly 40% share in the company, while UB Group Chairman Vijay Mallya holds a stake of about 36%. Heineken owns much of its stake in the company through its Indian subsidiary, Scottish & Newcastle India.

Mallya's stake was once the same as Heineken's, but the Dutch company increased its interest 2013. Mallya, who also owns the grounded Kingfisher Airlines, was elected chairman of UB Group in 1983 at age 28. Prior to joining his family business, he worked for the American Hoechst Corporation (now Sanofi-Aventis) in the U.S. and Jenson & Nicholson in the U.K.

United Breweries was set up in 1915 after Scotsman Thomas Leishman bought and merged five breweries in south India. In 1947, the company was purchased by Mallya's father, Vittal Mallya. In 2004, United Breweries entered a joint venture with Scottish & Newcastle India, which is now owned by Heineken, to produce and sell beverages. The company behind India's best-selling beer, Kingfisher Strong, started manufacturing and distributing Heineken beer in India in 2009.

In the news

Financial highlights

Mar 2017

  • Local currency
  • US Dollar
Revenue 47,291.9M
Gross profit 19,079.4M
Operating income 3,550.7M
Income before tax 3,481.3M
Net income 2,295.7M
EBITDA 6,421.2M
Diluted EPS 8.7
Dividends per share --
Total assets 44,787M
Total liabilities 21,417.1M
Total equity 23,342.1M
Operating cash flow --

Currency in INR

Revenue 705.24M
Gross profit 284.52M
Operating income 52.95M
Income before tax 51.91M
Net income 34.23M
EBITDA 95.75M
Diluted EPS 0.12
Dividends per share --
Total assets 689.72M
Total liabilities 329.82M
Total equity 359.46M
Operating cash flow --

Currency in USD

Valuation measures

Mar 2017

PER 88.56
ROA 5.30%
ROE 10.33%
Operating margin 7.50%
Profit margin 4.85%

Key executive

  • Managing Director & Executive Director: Shekhar Ramamurthy
  • Chief Financial Officer & Executive Director: Steven Bosch
  • General Manager-Technical: Shyam Lal Mittal
  • Secretary, Senior VP-Legal & Compliance Officer: Govind Iyengar
  • Executive Vice President-Manufacturing: Cedric Peter Vaz

Share holders

  • United Breweries Ltd.(34.0%)
  • United Breweries (Holdings) Ltd.(10.8%)
  • Heineken NV(9.6%)
  • MALLYA VIJAY(8.0%)
  • Mallya Pvt Ltd.(3.7%)
  • First State Investment Management (UK) Ltd.(3.2%)
  • McDowell Holdings Ltd.(2.3%)
  • Franklin Templeton Asset Management (India) Pvt Ltd.(2.3%)
  • Arisaig Partners (Asia) Pte Ltd.(2.2%)
  • Kamsco Industries Pvt Ltd.(2.0%)

Address

  • Website: http://unitedbreweries.com
  • Address: UB Towers, UB City, No. 24 Vittal Mallya Road, Bangalore, 560001, India
  • Phone: +91.80.39855000

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