United Breweries shares rally 6% after reporting Q3 results

Shares of United Breweries rallied 6.5% to their day’s high of Rs 2,161.45 on the BSE in early trade after the company reported its Q3FY25 results. The firm posted a 54.9% year-on-year (YoY) decline in net profit for the third quarter of FY25.

The company's profit fell to Rs 38.3 crore, down from Rs 84.9 crore in the same period last year, impacted by an exceptional loss of Rs 25.8 crore.

Revenue, however, grew 9.6% YoY to Rs 1,998.4 crore, up from Rs 1,822.7 crore, driven by higher sales volumes and an improved product mix.


EBITDA declined 3.1% YoY to Rs 141.2 crore, compared to Rs 145.7 crore in Q3FY24. Operating margins shrank to 7.1% from 8% a year ago, highlighting margin pressures despite increased revenue.

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United Breweries launched Amstel Grande, a premium beer, this financial year to capitalize on the trend and boost sales in the reported quarter. The move also aimed to counter competition from Anheuser-Busch InBev’s Budweiser Magnum and Carlsberg Elephant.

United Breweries shares target price

As per Trendlyne data, the average target price of the stock is Rs 1,528, which shows an upside of 9% from the current market prices. The consensus recommendation from 20 analysts for the stock is a 'Buy'.

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United Breweries shares performance

On Thursday, United Breweries shares closed at Rs 2,030, down 1.3% on the BSE, while the benchmark Sensex declined 0.04%. The stock has surged 10% over the past three months and 39% in the last two years. The company’s market capitalization stands at Rs 53,679 crore.

United Breweries, part of the Heineken Group, is India’s largest beer manufacturer, known for brands such as Kingfisher, Heineken, and UB Export.

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