High input costs to keep margins under pressure for United Breweries

Inflationary environment also poses a risk to consumption and volume growth
14-02-2023
Bigul

UNITED BREWERIES LTD.-$ - 532478 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

In terms of Regulation 39(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we submit herewith information in respect of loss of Equity Share Certificate of the Company duly received from the respective shareholder.
14-02-2023
Bigul

UNITED BREWERIES LTD.-$ - 532478 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to Regulation 47 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclosed herewith copies of newspapers Unaudited Financial Results (Standalone & Consolidated) for the quarter and year to date ended December 31, 2022, duly published in the Financial Express and Kannada Prabha newspapers respectively on February 11, 2023.
11-02-2023

United Breweries stock falls 5% after dismal December quarter numbers

UBL said due to a change in operating models in these states on account of a post-integration review undertaken by Heineken, there has been a volume decline, which resulted in lower cash inflows due to reduction in revenue.
10-02-2023

United Breweries consolidated net loss at Rs 1.81 crore in December quarter

Beer maker United Breweries Ltd on Thursday reported a consolidated net loss of Rs 1.81 crore in the third quarter ended December 31, 2022 on account of impairment of assets in Tamil Nadu and Andhra Pradesh, besides higher expenses. The company had posted a consolidated net profit of Rs 91.02 crore in the same quarter last fiscal, United Breweries Ltd (UBL) said in a regulatory filing. Consolidated total income during the quarter under review stood at Rs 3,713.54 crore as against Rs 3,517.98 crore in the year-ago period, it added. Total expenses were higher at Rs 3,675.28 crore as compared to Rs 3,394.4 crore in the corresponding quarter a year ago, the company said. The company said there was continued inflationary pressures on costs, particularly on prices of barley and packaging material. During the quarter, the company said it incurred an exceptional item outgo of Rs 33.12 crore which was recorded as impairment on property, plant and equipment in Tamil Nadu and Andhra Pradesh.
09-02-2023
Bigul

UNITED BREWERIES LTD.-$ - 532478 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

In terms of Regulation 39(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we submit herewith information in respect of loss of Equity Share Certificate of the Company duly received from the respective shareholder.
09-02-2023
Bigul

UNITED BREWERIES LTD.-$ - 532478 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

This has reference to Regulation 30(6) read with Para A of Part A of Schedule-III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Regulations') In accordance with the above Regulation, as Quarter3 FY23 Financial Results Earnings call is schedule tomorrow, Friday, February 10, 2023 @ 04.00 p.m. IST, by way of conference call with Investors and analyst, hosted by Investec India. Investor Presentation is attached. Unaudited Financial Results for the quarter and year to date ended December 31, 2022 are already uploaded on the website of Bombay Stock Exchange and National Stock Exchange of India Limited.
09-02-2023
Bigul

UNITED BREWERIES LTD.-$ - 532478 - Announcement under Regulation 30 (LODR)-Meeting Updates

Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company at its meeting held on February 09, 2023, has re-appointed Mr. Sudhir Vishnupant Hulyalkar, Company Secretaries (Membership No. 6040 and COP No. 6137) as the Secretarial Auditor of the Company for the term of 2 years with effect from April 01, 2023. The above said appointment is pursuant to applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
09-02-2023
Bigul

Q3FY23 Quarterly Result Announced for United Breweries Ltd.

Breweries & distilleries firm United Breweries announced Q3FY23 results: Q3FY23: Volume growth in the quarter and year-to-date signalling continuing category growth. Q3 volume up 4%, up 5% vs 2019. Year-to-date volumes up 43%, vs 2019 volumes up 3% Year-to-date EBITDA Rs 598 crore, up 33% from 451 crore in 2021 Volume growth of 4% in the quarter vs the prior year, primarily driven by Telangana, Rajasthan and Karnataka. YTD volume growth was 43% driven by Rajasthan, West Bengal, Telangana and Maharashtra. The premium segment recorded growth ahead of the total portfolio, growing 13% in the quarter with a strong 75% growth YTD, driven by Heineken and Kingfisher Ultra & Max. Capex YTD was a spend of Rs 113 crore, and with continued volume growth, Cape investments are planned to meet the expected volume expansion. Result PDF
09-02-2023
Bigul

UNITED BREWERIES LTD.-$ - 532478 - Unaudited Financial Results For Quarter Ended December 31, 2022

In terms of Regulation 33 (and all other provisions pertaining to disclosure requirements, if any) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we are furnishing herewith Statement of Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and year to date period ended December 31, 2022 along with Independent Auditor's Review Report. The Board Meeting commenced at 12.30 p.m. and concluded at 05.45 p.m. The Results will be published in an English daily and also in a local Newspaper in Kannada, being the regional language where the Registered office of the Company is situated. Copy of the Press Release is enclosed.
09-02-2023
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