united spirits latest news

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United Spirits Limited (USL) Overview United Spirits Limited (USL) is a prominent Indian alcoholic beverages company and a subsidiary of the global spirits giant, Diageo PLC. Headquartered in Bengaluru, Karnataka, USL is recognized as the world's second-largest spirits company by volume.

Company Details - Founded: 1826 as McDowell & Co. - Incorporated: 1999 - Headquarters: UB Tower, Bengaluru, Karnataka - Ownership: Diageo PLC holds approximately 54.8% of the company. - Operations: USL manufactures and markets over 200 brands, including McDowell’s No.1, Royal Challenge, Signature, Antiquity, Black Dog, and Johnnie Walker.

Financial Highlights (as of March 31, 2025) - Market Capitalization: ₹1,12,681.19 crore - Revenue: ₹12,069 crore - Net Profit: ₹1,582 crore - Promoter Holding: 56.67% Stock Performance -

Ticker Symbols: NSE: UNITDSPR | BSE: 532432 - Recent Price Movement: On June 3, 2025, shares rose nearly 4% to ₹1,609.60 following an upgrade by JP Morgan to 'Overweight,' with a target price of ₹1,760. -

Analyst Consensus: The median 12-month target price is ₹1,638, with estimates ranging from ₹1,022 to ₹1,885.

Market Presence - Domestic Market Share: Approximately 60% in India - Global Reach: Exports to over 35 countries -

Production Facilities: Operates 36 manufacturing units across India

Recent Developments - Q4 FY25 Performance: Reported a net profit of ₹4.51 billion, attributed to strong consumer demand for premium alcohol

Analyst Ratings: Goldman Sachs initiated a 'Buy' rating with a target price of ₹1,650, indicating a potential upside of around 14% from the current market price. News "United Spirits shares jump 4% after JP Morgan upgrades to 'Overweight'; target raised to ₹1,760."

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