NSE ScannerComparison · NSE · data 2026-10-31
United Breweries Limited vs United Spirits Limited
In plain words
Size: United Spirits Limited is about 3.1 times the market value of United Breweries Limited.
Valuation (P/E): United Breweries Limited 64.4 vs United Spirits Limited 56.3.
Return on equity: United Spirits Limited 20.1% vs United Breweries Limited 9.3%.
Profit growth over 3 years: United Spirits Limited 14.6% a year vs United Breweries Limited 10.8% a year.
Debt to equity: United Breweries Limited 0.29 vs United Spirits Limited 0.05.
Differences in the numbers, not a recommendation of either stock.
Side by side
| UBL | UNITDSPR | |
|---|---|---|
| Price | ₹1,180.3 | ₹1,333.7 |
| Market cap | ₹31,152 cr | ₹96,956 cr |
| P/E | 64.4 | 56.3 |
| P/B | 6.8 | 10.5 |
| ROE | 9.3% | 20.1% |
| ROCE | 12.1% | 22.7% |
| Debt / equity | 0.29 | 0.05 |
| Operating margin | 5.9% | 15.4% |
| Dividend yield | 0.85% | 1.28% |
| Sales growth, 3 years (yearly) | 7.2% | 5.5% |
| Profit growth, 3 years (yearly) | 10.8% | 14.6% |
| 1-year return | -33.2% | -3.9% |
| Revenue, last 12 months | ₹9,927 cr | ₹12,720 cr |
| Net profit, last 12 months | ₹484 cr | ₹1,683 cr |
| Latest quarter | Mar 2026 | Sept 2026 |
| Quarter net profit | ₹102 cr | ₹428 cr |
| Quarter profit vs a year earlier | — | -7.8% |
| Promoter holding | 70.83% | 56.67% |
| Health check | Average (4.4/10) | Average (6.1/10) |
Common questions
Which has a higher P/E, United Breweries Limited or United Spirits Limited?
United Breweries Limited trades at the higher P/E (64.4 against 56.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
United Spirits Limited (20.1% against 9.3%).
Which carries more debt?
United Breweries Limited has the higher debt-to-equity ratio (0.29 against 0.05).