United Spirits Limited, an illustrious Indian alcoholic beverages company, stands as the world’s second-largest spirits company by volume. Nestled in Bangalore, Karnataka, it operates under the umbrella of Diageo, boasting a diverse portfolio encompassing renowned brands such as Johnnie Walker, Black Dog, Smirnoff, and Captain Morgan. This conglomerate extends its reach far and wide, exporting its fine concoctions to over 37 countries while steadfastly advocating responsible drinking practices.
Renowned for its consistent growth trajectory and a commendable history of delivering robust financial performances, United Spirits emerges as an enticing prospect for discerning investors seeking stability and profitability in their investment ventures.
In this comprehensive exploration, we delve into the trajectory of United Spirits Ltd.’s share price objectives spanning the years from 2024 to 2030, meticulously analyzing each juncture to ascertain its viability as a lucrative investment opportunity. So, sit back, indulge in your libation of choice, and embark on a journey to unravel the realm of United Spirits Ltd.
United Spirits Q4 FY24 Results: Summary and Key Points
- USL’s standalone net profit surged by 88% in Q4 ending March 2024, reaching Rs 384 crore.
- Revenue from operations saw a healthy growth of 10%, climbing to Rs 6,394 crore.
- Total income in the March quarter surged to Rs 6,623 crore, despite a 7% increase in total expenses to Rs 6,132 crore.
- USL’s EBITDA for Q4FY24 rose by 7% to Rs 361 crore and by 31% to Rs 1,708 crore for the fiscal year.
- Net sales value for Q4FY24 witnessed a commendable 7% uptick, reaching Rs 2,666 crore.
- The company’s board recommended a dividend of Rs 5 per share for FY24, emphasizing its commitment to delivering shareholder value.
- Hina Nagarajan, CEO & Managing Director, highlighted double-digit growth and mid-teen margins amid challenging market conditions.
- The company’s iconic trademark is being renovated and expanded under the “House of McDowell’s” umbrella to tap into new consumer segments.
- Nagarajan expressed confidence in their strategy, especially after winning awards like “Single Malt Whisky of the Year” at the London Spirits Competition and the success of the Royal Challengers Bengaluru Women’s Premier League (WPL) team in March 2024.
How to purchase United Spirits shares?
Below are the trading platforms that you can use to purchase United Spirits shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
United Spirits Share Price Prediction: 2024, 2025 to 2030
United Spirits Share Price Target 2024
| When | Maximum Price | Minimum Price |
| July 2024 | 1,298.70 | 1,129.31 |
| August 2024 | 1,350.65 | 1,174.48 |
| September 2024 | 1,404.68 | 1,221.46 |
| October 2024 | 1,377.14 | 1,197.51 |
| November 2024 | 1,432.22 | 1,245.41 |
| December 2024 | 1,446.54 | 1,257.86 |
In 2024, United Spirits is projected to experience a significant increase in stock prices. As we step into July, the maximum price is expected to reach ₹1,298.70, while the minimum price is anticipated to be ₹1,129.31. By December, the maximum price is projected to rise to ₹1,446.54, with the minimum price at ₹1,257.86. This trend suggests a consistent upward movement for United Spirits throughout the year.
United Spirits Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,461.01 | 1,123.85 |
| February 2025 | 1,475.77 | 1,135.20 |
| March 2025 | 1,506.76 | 1,159.04 |
| April 2025 | 1,491.84 | 1,147.57 |
| May 2025 | 1,448.39 | 1,114.14 |
| June 2025 | 1,513.56 | 1,164.28 |
| July 2025 | 1,483.89 | 1,141.45 |
| August 2025 | 1,529.78 | 1,176.75 |
| September 2025 | 1,548.14 | 1,190.88 |
| October 2025 | 1,588.39 | 1,221.84 |
| November 2025 | 1,628.10 | 1,252.38 |
| December 2025 | 1,701.36 | 1,308.74 |
In 2025, United Spirits is projected to show substantial growth in its stock prices. As we step into January, the maximum price is expected to be ₹1,461.01, with a minimum price of ₹1,123.85. By December, the maximum price is projected to climb to ₹1,701.36, while the minimum price is anticipated to reach ₹1,308.74.
United Spirits Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 1,752.40 | 1,348.00 |
| February 2026 | 1,708.59 | 1,314.30 |
| March 2026 | 1,742.77 | 1,340.59 |
| April 2026 | 1,778.33 | 1,367.95 |
| May 2026 | 1,760.73 | 1,354.40 |
| June 2026 | 1,804.74 | 1,388.26 |
| July 2026 | 1,769.36 | 1,361.04 |
| August 2026 | 1,824.08 | 1,403.14 |
| September 2026 | 1,860.56 | 1,431.20 |
| October 2026 | 1,908.94 | 1,468.41 |
| November 2026 | 1,956.66 | 1,505.12 |
| December 2026 | 2,005.58 | 1,542.75 |
United Spirits Share Price Target 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 2,025.63 | 1,558.18 |
| February 2027 | 2,077.57 | 1,598.13 |
| March 2027 | 2,158.60 | 1,660.46 |
| April 2027 | 2,116.27 | 1,627.90 |
| May 2027 | 2,054.63 | 1,580.49 |
| June 2027 | 2,147.09 | 1,651.61 |
| July 2027 | 2,104.99 | 1,619.22 |
| August 2027 | 2,170.09 | 1,669.30 |
| September 2027 | 2,246.05 | 1,727.73 |
| October 2027 | 2,304.44 | 1,772.65 |
| November 2027 | 2,362.05 | 1,816.96 |
| December 2027 | 2,421.11 | 1,862.39 |
United Spirits Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 2,469.53 | 1,899.64 |
| February 2028 | 2,532.85 | 1,948.34 |
| March 2028 | 2,631.63 | 2,024.33 |
| April 2028 | 2,580.03 | 1,984.64 |
| May 2028 | 2,504.88 | 1,926.83 |
| June 2028 | 2,617.60 | 2,013.54 |
| July 2028 | 2,566.28 | 1,974.06 |
| August 2028 | 2,645.65 | 2,035.11 |
| September 2028 | 2,738.24 | 2,106.34 |
| October 2028 | 2,809.44 | 2,161.11 |
| November 2028 | 2,879.67 | 2,215.13 |
| December 2028 | 2,951.67 | 2,270.51 |
United Spirits Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 3,010.70 | 2,315.92 |
| February 2029 | 3,087.90 | 2,375.31 |
| March 2029 | 3,208.32 | 2,467.94 |
| April 2029 | 3,145.42 | 2,419.55 |
| May 2029 | 3,053.80 | 2,349.08 |
| June 2029 | 3,191.22 | 2,454.79 |
| July 2029 | 3,128.65 | 2,406.65 |
| August 2029 | 3,225.41 | 2,481.09 |
| September 2029 | 3,338.30 | 2,567.92 |
| October 2029 | 3,425.10 | 2,634.69 |
| November 2029 | 3,510.73 | 2,700.56 |
| December 2029 | 3,598.49 | 2,768.07 |
United Spirits Share Price Target 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 3,670.46 | 2,823.43 |
| February 2030 | 3,764.58 | 2,895.83 |
| March 2030 | 3,911.40 | 3,008.77 |
| April 2030 | 3,834.70 | 2,949.77 |
| May 2030 | 3,723.01 | 2,863.86 |
| June 2030 | 3,890.55 | 2,992.73 |
| July 2030 | 3,814.26 | 2,934.05 |
| August 2030 | 3,932.23 | 3,024.79 |
| September 2030 | 4,069.86 | 3,130.66 |
| October 2030 | 4,175.67 | 3,212.06 |
| November 2030 | 4,280.07 | 3,292.36 |
| December 2030 | 4,387.07 | 3,374.67 |
In 2030, United Spirits’ stock prices are expected to show a significant upward trajectory. As we step into January, the maximum price is projected to be ₹3,670.46, with a minimum price of ₹2,823.43. By December, the maximum price is anticipated to reach ₹4,387.07, while the minimum price is expected to be ₹3,374.67. This forecast highlights a Strong growth trend for United Spirits throughout the year.
Financial Condition of United Spirits: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 9,325 | 8,131 | 9,712 | 10,612 | 11,321 |
| Expenses + | 7,756 | 7,080 | 8,117 | 9,208 | 9,321 |
| Operating Profit | 1,569 | 1,051 | 1,595 | 1,404 | 2,000 |
| OPM % | 17% | 13% | 16% | 13% | 18% |
| Other Income + | 89 | -25 | -117 | 262 | 208 |
| Interest | 212 | 188 | 88 | 104 | 76 |
| Depreciation | 285 | 299 | 304 | 282 | 275 |
| Profit before tax | 1,160 | 540 | 1,087 | 1,279 | 1,857 |
| Tax % | 47% | 33% | 25% | 12% | 24% |
| Net Profit + | 621 | 362 | 811 | 1,126 | 1,408 |
| EPS in Rs | 9.07 | 5.28 | 11.4 | 15.62 | 19.36 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 26% |
Over the past five years, United Spirits Limited (USL) has demonstrated robust financial performance and steady growth across key metrics. Sales have consistently increased from ₹9,325 crore in March 2020 to ₹11,321 crore in March 2024, indicating a positive sales trajectory. Correspondingly, expenses have also risen, reflecting the company’s expansion and operational activities, reaching ₹9,321 crore in March 2024. Despite fluctuations, the operating profit has trended upwards, reaching ₹2,000 crore in March 2024, with an Operating Profit Margin (OPM) percentage of 18%. Other income sources have varied, ranging from ₹89 crore to ₹208 crore over the years. While interest and depreciation expenses have fluctuated, they remained relatively stable compared to other financial metrics. Profit Before Tax (PBT) has generally shown an upward trend, reaching ₹1,857 crore in March 2024, indicating strong financial performance. The net profit has consistently increased, reflecting the company’s profitability and growth, from ₹621 crore in March 2020 to ₹1,408 crore in March 2024. Additionally, the Earnings Per Share (EPS) witnessed significant growth, rising from ₹9.07 in March 2020 to ₹19.36 in March 2024, enhancing shareholder value. Notably, the company initiated dividend payouts, with a payout percentage of 26% in March 2024, underscoring its commitment to returning value to shareholders. This comprehensive financial performance underscores USL’s position as a stable and promising investment option.
FAQS
What is the current share price of United Spirits?
As of July 10th, 2024, the current share price of United Spirits is 1,284 INR.
What is the share target price for United Spirits by 2025?
According to our analysis, United Spirits could reach a maximum of ₹1,701.36 by the end of 2025.
What is United Spirits share price target for 2030?
The share price target for United Spirits in 2030 is projected to range between ₹2,823.43 and ₹4,387.07
What factors can contribute to the rise in United Spirits’ share price?
Factors like strong financial performance, growth in sales and revenue, expanding market share, and positive market sentiment can contribute to the rise in United Spirits’ share price.
What are the risks associated with investing in United Spirits?
The risks associated with investing in United Spirits include market volatility, regulatory changes, competition, and changes in consumer preferences.
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Conclusion
United Spirits’ Q4 results for FY24 showcase Strong performance, marked by an impressive 88% surge in net profit to Rs 384 crore and a solid 10% revenue growth to Rs 6,394 crore. Key financial indicators such as EBITDA and net sales value also demonstrate positive trends, underscoring operational efficiency. The company’s strategic initiatives, including brand renovation and expansion, underscore its forward-thinking market strategies. The board’s recommendation of a Rs 5 per share dividend underscores its commitment to enhancing shareholder value. CEO Hina Nagarajan’s emphasis on achieving double-digit growth and mid-teen margins further instills confidence in the company’s leadership. Overall, United Spirits’ Q4 results exhibit resilience, adaptability, and a promising growth trajectory within the beverage alcohol industry.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading United Spirits. This post on United Spirits shares price target from 2024 to 2030 is for educational purposes only.
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