Buy United Breweries, price target Rs 1325: CK Narayan

CK Narayan of Chart Advise has a buy call on United Breweries Ltd. with a target price of Rs 1325. The current price of United Breweries Ltd. is Rs 1280.5. CK Narayan recommended to keep a stop loss at Rs 1285.

United Breweries Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 34356.81 Crore) operating in Beverages - Alcoholic sector.

United Breweries Ltd. key Products/Revenue Segments include Beer which contributed Rs 13770.43 Crore to Sales Value (97.40 % of Total Sales), Other Operating Revenue which contributed Rs 172.12 Crore to Sales Value (1.21 % of Total Sales), Scrap which contributed Rs 87.83 Crore to Sales Value (0.62 % of Total Sales).


Others which contributed Rs 87.76 Crore to Sales Value (0.62 % of Total Sales), Royalty Income which contributed Rs 10.60 Crore to Sales Value (0.07 % of Total Sales) and Non-Alcoholic Beverages which contributed Rs 8.08 Crore to Sales Value (0.05 % of Total Sales) for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1579.55 Crore, down 22.94 % from last quarter sales of Rs 2049.75 Crore and up 3.47 % from last year same quarter sales of Rs 1526.55 Crore. Company has reported net profit after tax of Rs 114.78 Crore in latest quarter.