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United Breweries

Q1 FY27

United Breweries Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹1,202
Market cap₹31.8K Cr
P/E91.9
Updated16 Oct 2026
Read4 min read

What the Q1 FY27 call signalled

1 of 3 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned

The short version

United Breweries expects continued category growth momentum, driven by policy reforms and increased consumer demand. United Breweries Limited expects continued category growth momentum driven by policy reforms and premiumization.

From United Breweries's Q1 FY27 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Moderate growth
  • United Breweries expects continued category growth momentum, driven by policy reforms and increased consumer demand.
  • Aspiration for premium segment sales to grow from around 10-11% to nearly 20% of total revenue.
  • Anticipation of double-digit volume growth in upcoming quarters (Q2, Q3, Q4) barring major policy roadblocks.
  • Long-term goal of double-digit revenue growth with share growth and strong premiumization momentum.
  • Focus on expanding product innovation, including Kingfisher Strong Smooth and Heineken Silver.
  • Plans to expand brewery capacity through greenfield and brownfield projects, supporting growth in key states.

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Profitability & Margins

See what United Breweries said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • United Breweries Limited is investing in both greenfield and brownfield brewery expansions.
  • A new greenfield brewery is planned in Uttar Pradesh, currently served by contract breweries.
  • Two new can lines have been added as part of brownfield expansions, one in Maharashtra and one in Telangana.
  • The Telangana can line was commissioned recently and began production quickly.
  • The company balances own breweries and contract breweries for flexibility and capital efficiency.
  • Expansion decisions are based on market potential, policy stability, and portfolio needs.

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Fundraising & Capital Structure

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Order Book & Pipeline

The transcript of United Breweries Limited's Q1 FY27 Earnings Conference Call does not explicitly mention details regarding current or expected order book or pending orders. The discussion primarily focuses on: - Industry growth and market reforms. - Volume growth and premiumization. - Pricing interventions across states. - Cost efficiency and productivity initiatives.

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United Breweries — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹2.3K Cr, net profit ₹102 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were United Breweries Q1 FY27 results?

United Breweries expects continued category growth momentum, driven by policy reforms and increased consumer demand. United Breweries Limited expects continued category growth momentum driven by policy reforms and premiumization.

What is United Breweries share price analysis?

United Breweries currently shows a below-average growth signal. The stock trades at a P/E of 91.9 with a market cap of ₹31,771 Cr. Investors should review the full earnings analysis for detailed insights.

Is United Breweries planning capital expenditure?

United Breweries Limited is investing in both greenfield and brownfield brewery expansions.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.