United Breweries shares in focus after leasing Andhra facility to ramp up Kingfisher production
Shares of
United Breweries
Ltd (UBL), India's largest beer maker and part of the HEINEKEN group, will be in focus on Wednesday after the company entered a leasing agreement with Ilios Breweries Pvt. Ltd. to expand its manufacturing capacity in
Andhra Pradesh
.
The move aims to strengthen UBL's supply chain and meet growing demand for
Kingfisher
and other offerings in the region. The lease arrangement became effective on 20 May, following excise approval a day earlier.
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UBL already operates a wholly owned brewery in Ranasthalam, Srikakulam district. The newly leased facility is expected to boost distribution efficiency and support higher volumes during the peak season. The company attributed the expansion to evolving consumer preferences and regulatory support for lower-alcohol beverages.
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The manufacturing expansion comes on the heels of strong financial results for the January–March quarter. UBL reported a 20.5% year-on-year increase in standalone net profit to Rs 97.4 crore. Revenue rose 8.9% to Rs 2,321.3 crore, while EBITDA jumped 31.2% to Rs 186.3 crore, with margins improving to 8%.
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Vivek Gupta, MD and CEO of UBL, said the company expects to maintain double-digit growth in both volume and revenue in FY26, led by premiumisation. Premium beer volumes grew 34% in FY25, and UBL aims to build on this momentum despite a challenging operating environment.
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United Breweries share price target
According to Trendlyne, the average target price for
United Breweries
is Rs 2,048, suggesting a potential upside of 1% from current levels. The stock holds a 'Hold' rating from 16 analysts.
United Breweries shares price performance
United Breweries shares have gained 9% in the past six months and 43% over the last two years. The company's market capitalisation stands at Rs 53,486 crore.
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