Synopsis:
United Breweries Ltd shares fell 4% after Q2 income dropped 28% QoQ to ₹2,053 crores and web revenue fell 75% to ₹46.3 crores.
The shares of the Mid-cap firm specializing within the manufacturing and sale of each alcoholic and non-alcoholic drinks, with a major deal with beer, declined by upto 4 % following their Q2 outcomes, with a 75 % decline in revenue QoQ.
With a market capitalization of 47,701.33 Crores on Thursday, the shares of United Breweries Ltd declined by upto 4.1 %, reaching a low of Rs. 1763.75 in comparison with its earlier shut of Rs. 1839.75.

What Occurred
United Breweries Ltd, engaged within the manufacturing and sale of each alcoholic and non-alcoholic drinks, with a major deal with beer, has introduced its Q2 outcomes as follows:
Its Income from operations declined by 3 % YoY from Rs. 2,117 Crores in Q2FY25 to Rs. 2,053 Crores in Q2FY26, and it declined by 28 % QoQ from Rs. 2,864 Crores in Q1FY26 to Rs. 2,053 Crores in Q2FY26.
Its Web Revenue YoY declined by 65 % from Rs. 132 Crores in Q2FY25 to Rs. 46.3 Crores in Q2FY26, and it declined by 75 % QoQ from Rs. 184 Crores in Q1FY26 to Rs. 46.3 Crores in Q2FY26. The earnings per share (EPS) for the quarterly interval stood at Rs. 1.76, in comparison with Rs. 6.95 within the earlier quarter.
The corporate has a low debt-to-equity ratio of 0.14, indicating it depends little or no on debt for financing and is financially steady. On the identical time, it maintains a robust dividend payout of 63.2%, displaying it rewards shareholders generously whereas protecting a conservative capital construction.
Firm Overview & Others
United Breweries Ltd (UBL) is India’s largest beer producer, finest identified for its Kingfisher model, and is now a subsidiary of The HEINEKEN Firm. The corporate has an extended historical past, relationship again to 1915, and provides a various portfolio of beers like Kingfisher, Heineken, and Amstel, together with non-alcoholic drinks, packaged consuming water, and soda.
In evaluating the quarterly revenues, the beer section persistently dominates, contributing over 99% of complete section income throughout all intervals. The entire income peaked in June 2025 at Rs. 5380.78 crores. It then declined to Rs. 3737.31 crores in September 2025. In comparison with September 2024, Rs. 4743.56 crores.
The most recent quarter’s income is decrease, indicating some volatility or seasonal variation in demand. Non-alcoholic drinks contribute marginally, with a slight enhance in September 2025 in comparison with June 2025. General, beer stays the core income driver, with fluctuations affecting complete section income.
Written by Sridhar J
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