Earnings Call Transcript - United Spirits
Full Earnings Transcript: Conference Call between Management and Analysts03-02-2020
03-02-2020
United Spirits' investors in high spirits as cost-cuts drive profits
The stock price is a bit difficult to digest, what with the price-earnings valuation at 51 times estimated FY20 earnings.The firm's success at cutting costs this quarter was positive for its stock price29-01-2020
United Spirits Ltd - 532432 - Appointment of Company Secretary and Compliance Officer
This is further to the intimation submitted to you regarding the appointment of Mr. Mital Sanghvi as the Company Secretary with effect from June 1, 2020, we would like to inform you that the Board of Directors of United Spirits Limited at their meeting held today have also appointed him as Compliance Officer in terms of Regulation 6 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 9 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 with effect from June 1, 2020 in place of Mr V Ramachandran, present Company Secretary and Compliance Officer, who will be retiring on the close of hours on 31st May 2020, upon attaining superannuation.28-01-2020
United Spirits profits up 35% to 259 crore
This was led by growth in sales of Prestige and Above portfolio27-01-2020
USL Q3 net profit up 15% to Rs 232cr
USL CEO Anand Kripalu said, "during the third quarter, we continued to experience substantial inflation in our key raw material costs. While this resulted in significant compression in gross margin, we still delivered an EBITDA margin of 16.4 per cent, up 207bps.27-01-2020
United Spirits Ltd - 532432 - Appointment Of Mr. Mital Sanghvi, As Company Secretary Of The Company With Effect From June 1, 2020 In Place Of The Outgoing Company Secretary, Mr V Ramachandran.
This is to inform you that the Board of Directors at their meeting held today noted the retirement of Mr V Ramachandran as Company Secretary at the close of hours on 31st May 2020 on attaining superannuation. The Board placed on record their sincere appreciation of the exemplary services rendered by Mr V Ramachandran during his tenure as Company Secretary. Further, the Board of Directors have passed a resolution at their meeting held today and appointed Mr. Mital Sanghvi, as Company Secretary of the Company with effect from June 1, 2020 in place of the outgoing Company Secretary, Mr V Ramachandran.27-01-2020
United Spirits Ltd - 532432 - Appointment of Company Secretary and Compliance Officer
This is to inform you that the Board of Directors at their meeting held today noted the retirement of Mr V Ramachandran as Company Secretary at the close of hours on 31st May 2020 on attaining superannuation. The Board placed on record their sincere appreciation of the exemplary services rendered by Mr V Ramachandran during his tenure as Company Secretary. Further, the Board of Directors have passed a resolution at their meeting held today and appointed Mr. Mital Sanghvi, as Company Secretary of the Company with effect from June 1, 2020 in place of the outgoing Company Secretary, Mr V Ramachandran. Mr Sanghvi will report to Mr Sanjeev Churiwala, Executive Director and Chief Financial Officer of the Company.27-01-2020
United Spirits Ltd - 532432 - Un-Audited Financial Results-Quarter And Nine Months Ended December 31, 2019
The Board of Directors of the Company at the meeting held today, considered and approved the un-audited standalone and consolidated financial results of the Company for the Quarter and Nine months ended December 31, 2019 ("UFR"). The Limited Review Report ("LRR") thereon received from the Statutory Auditors of the Company on the standalone and consolidated financial results were placed at the said Meeting.27-01-2020
United Spirits Ltd - 532432 - Un-Audited Financial Results-Quarter And Nine Months Ended December 31, 2019
The Board of Directors of the Company at the meeting held today, considered and approved the un-audited standalone and consolidated financial results of the Company for the Quarter and Nine months ended December 31, 2019 ("UFR"). The Limited Review Report ("LRR") thereon received from the Statutory Auditors of the Company on the standalone and consolidated financial results were placed at the said Meeting.27-01-2020