United Breweries Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials and compliance.
CIN L36999KA1999PLC025195 Incorporated 13 May 1999 ROC Bangalore HQ Bangalore, Karnataka, India
Active Listed - NSE: UBL · BSE: 532478 Public Limited Company food and beverages
Data last updated
Revenue · FY 2026
₹17,463 Cr
▼ 10.02% YoY
EBITDA · FY 2026
₹850.69 Cr
▼ 2.97% YoY
Net profit · FY 2026
₹413.39 Cr
▼ 6.56% YoY
Authorised capital
₹998.98 Cr
Registered with MCA
Paid-up capital
₹26.44 Cr
Issued & subscribed
Open charges
₹750.5 Cr
Satisfied ₹62,057 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
2,258
Latest available

About United Breweries Limited

Data last updated: 09 January 2026

United Breweries Limited is a public limited company based in Bangalore, Karnataka, India. It specialises in alcoholic beverage manufacturing and distribution, a part of the broader food and beverages sector. Incorporated on 13 May 1999, the company has been in operation for over 27 years.

Registered with ROC Bangalore under CIN L36999KA1999PLC025195. Listed on BSE: 532478 and NSE: UBL.

Capital: an authorised share capital of ₹998.98 Cr and a paid-up capital of ₹26.44 Cr. Formerly known as Ub Infrastructure Projects Limited and Ub Beer Limited. It is led by directors including Vivek Gupta and Jan Cornelis Van Der Linden.

Last AGM: 07 August 2025. Financial statements filed for year ended 31 March 2025. Office: Ubtower Ubcity 24 Vittalmallyaroad, Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2025, the company reported a revenue of ₹19,444 Cr, a growth of 5% compared to the previous year.

The company has a workforce of approximately 2,258 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - United Breweries. As per MCA filings, the company has open charges of ₹750.5 Cr and satisfied charges of ₹62,057 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unitedbreweries.com.

Company Details of United Breweries Limited
CIN L36999KA1999PLC025195
Registration Number 025195
Incorporation Date 13 May 1999
ROC Bangalore
Listing Status Listed (BSE: 532478, NSE: UBL)
Company Status Active
Date of Last AGM 07 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    Ubtower Ubcity 24 Vittalmallyaroad, Bangalore, Karnataka, India – 560001
  • Industry
    Food and Beverages, Alcoholic Beverage Manufacturing & Distribution
Company report
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Financials, compliance, directors, charges, ownership and filings for United Breweries Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of United Breweries Limited

United Breweries Limited has undergone 2 name changes throughout its history. The company was previously known as Ub Infrastructure Projects Limited, and Ub Beer Limited. The current legal name is United Breweries Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
United Breweries Limited Current
Ub Infrastructure Projects Limited Previous
Ub Beer Limited Previous

CIN History of United Breweries Limited

United Breweries Limited has one previous CIN (Corporate Identification Number): U36999KA1999PLC025195. The current CIN is L36999KA1999PLC025195, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L36999KA1999PLC025195 Current
U36999KA1999PLC025195 Previous

Associated Brands with United Breweries Limited

United Breweries Limited operates one associated brand: United Breweries. These brands represent United Breweries Limited's diversified market presence and brand portfolio.

Brand Description Website
Processed beverages are manufactured and marketed globally by United Breweries. unitedbreweries.com

Competitors & Alternatives of United Breweries Limited

Brands and companies operating in the same space as United Breweries Limited include Diageo, John Distilleries, Diageo India and 4 more.

Competitor Description Location Founded
Diageo Diageo Multi-category alcoholic beverage company London, United Kingdom, United Kingdom 1886
John Distilleries John Distilleries Brand of whiskey, rum, brandy, and wines Bengaluru, India, India 1996
Diageo India Diageo India Multi-category alcoholic beverages are produced and distributed by Diageo India. Bengaluru, India, India 1826
Latambarcem Brewers Latambarcem Brewers Craft beers and functional beverages are produced artisanally. Bicholim, India, India 2017
Toit Toit Beers are branded and offered by Toit in India. Bengaluru, India, India 2009
SOM Group of Companies SOM Group of Companies Liquor is processed and managed by SOM Group of Companies. Bhopal, India, India 1986
Geist Geist Craft beer is manufactured, distributed, and retailed by Geist. Bengaluru, India, India 2005

Business Activity of United Breweries Limited

United Breweries Limited is engaged in the principal business activity of manufacturing, with detailed activities including food, beverages and tobacco products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C1 Food, beverages and tobacco products *********

Auditor Details of United Breweries Limited

United Breweries Limited is audited by BSR & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
BSR & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of United Breweries Limited

United Breweries Limited is currently managed by 11 directors, with 44 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vivek Gupta Managing Director 25 Sep 2023 2 Years 9 Months Current
Jan Cornelis Van Der Linden Director 01 Jun 2020 6 Years 1 Months Current
Radovan Sikorsky Director 01 Aug 2024 1 Years 11 Months Current
Manu Anand Director 29 May 2022 4 Years 1 Months Current
Ranjan Ramdas Pai Director 24 Oct 2024 1 Years 8 Months Current
Geetu Gidwani Verma Director 29 May 2022 4 Years 1 Months Current
Showing 6 of 11 current directors. View all directors

Financials of United Breweries Limited FY 2026 filings available

United Breweries Limited reported revenue of ₹17,463 Cr (down 10.02% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹17,463 Cr ▼ 10.02%
Profit · FY 2026
₹413.39 Cr ▼ 6.56%
EBITDA · FY 2026
₹850.69 Cr ▼ 2.97%
Revenue₹ Cr · Consolidated010,00020,000FY 2020: ₹14,651 Cr14,651FY 2020FY 2021: ₹10,186 Cr · -30.5% YoY10,186-30.5%FY 2021FY 2022: ₹131 Cr · -98.7% YoY131-98.7%FY 2022FY 2023: ₹16,651 Cr · +12587.6% YoY16,651+12587.6%FY 2023FY 2024: ₹18,380 Cr · +10.4% YoY18,380+10.4%FY 2024FY 2025: ₹19,409 Cr · +5.6% YoY19,409+5.6%FY 2025FY 2026: ₹17,463 Cr · -10% YoY17,463-10%FY 2026
Net Profit₹ Cr · Consolidated0200400600FY 2020: ₹428 Cr428FY 2020FY 2021: ₹114 Cr · -73.4% YoY114-73.4%FY 2021FY 2022: ₹4 Cr · -96.8% YoY3.7-96.8%FY 2022FY 2023: ₹305 Cr · +8222.8% YoY305+8222.8%FY 2023FY 2024: ₹411 Cr · +34.8% YoY411+34.8%FY 2024FY 2025: ₹442 Cr · +7.7% YoY442+7.7%FY 2025FY 2026: ₹413 Cr · -6.6% YoY413-6.6%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year02,0004,0006,000Q1'25: ₹5,811 Cr · +10.8% YoY5,811+10.8%Q1'25Q2'25: ₹4,744 Cr · +13.1% YoY4,744+13.1%Q2'25Q3'25: ₹4,427 Cr · +6.5% YoY4,427+6.5%Q3'25Q4'25: ₹4,427 Cr · -7.5% YoY4,427-7.5%Q4'25Q1'26: ₹5,381 Cr · -7.4% YoY5,381-7.4%Q1'26Q2'26: ₹3,737 Cr · -21.2% YoY3,737-21.2%Q2'26Q3'26: ₹3,937 Cr · -11.1% YoY3,937-11.1%Q3'26Q4'26: ₹4,408 Cr · -0.4% YoY4,408-0.4%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹17,463 Cr ₹19,409 Cr ₹18,380 Cr ₹16,651 Cr ₹131.24 Cr ₹10,186 Cr ₹14,651 Cr
Other Income ₹45.17 Cr ₹35.9 Cr ₹73.74 Cr ₹49.43 Cr ₹29.79 Lakh ₹50.25 Cr ₹9.3 Cr
Total Income ₹17,509 Cr ₹19,444 Cr ₹18,453 Cr ₹16,701 Cr ₹131.54 Cr ₹10,236 Cr ₹14,660 Cr
Cost of Materials Consumed ₹4,997.31 Cr ₹4,936.73 Cr ₹4,567.55 Cr ₹4,224.76 Cr ₹27.07 Cr ₹1,965.16 Cr ₹2,966.05 Cr
Purchases of Stock-in-Trade ₹304.77 Cr ₹181.74 Cr ₹118.25 Cr ₹92.47 Cr ₹1.96 Cr ₹73.71 Cr ₹194.97 Cr
Changes in Inventories -₹132.52 Cr -₹49.96 Cr -₹33.45 Cr -₹51.87 Cr ₹23.01 Lakh -₹9.5 Cr -₹9.89 Cr
Employee Benefit Expense ₹762.17 Cr ₹718.46 Cr ₹452.1 Cr ₹411.83 Cr ₹5.23 Cr ₹485.49 Cr ₹504.12 Cr
Finance Costs ₹71.72 Cr ₹12.86 Cr ₹6.89 Cr ₹4.64 Cr ₹14.78 Lakh ₹22.67 Cr ₹31.12 Cr
Depreciation & Amortisation ₹271.99 Cr ₹232.98 Cr ₹211.9 Cr ₹210.59 Cr ₹2.17 Cr ₹232.01 Cr ₹285.1 Cr
Other Expenses ₹10,726 Cr ₹12,781 Cr ₹12,579 Cr ₹11,358 Cr ₹89.78 Cr ₹7,289.84 Cr ₹10,120 Cr
Total Expenses ₹17,002 Cr ₹18,814 Cr ₹17,902 Cr ₹16,250 Cr ₹126.59 Cr ₹10,059 Cr ₹14,092 Cr
Profit Before Exceptional Items & Tax ₹506.98 Cr ₹630.87 Cr ₹551.14 Cr ₹450.43 Cr ₹4.94 Cr ₹176.63 Cr ₹568.92 Cr
Exceptional Items ₹55.31 Cr -₹25.76 Cr ₹0 -₹33.12 Cr ₹0 -₹7.22 Cr ₹0
Profit Before Tax ₹562.29 Cr ₹605.11 Cr ₹551.14 Cr ₹417.31 Cr ₹4.94 Cr ₹169.41 Cr ₹568.92 Cr
Total Tax Expense ₹148.9 Cr ₹162.7 Cr ₹140.28 Cr ₹112.63 Cr ₹1.28 Cr ₹55.58 Cr ₹140.63 Cr
Net Profit ₹413.39 Cr ₹442.41 Cr ₹410.86 Cr ₹304.68 Cr ₹3.66 Cr ₹113.83 Cr ₹428.29 Cr
  attributable to Owners ₹413.17 Cr ₹441.69 Cr ₹410.03 Cr ₹303.98 Cr ₹3.65 Cr ₹113.22 Cr ₹427.73 Cr
  attributable to NCI ₹22 Lakh ₹72 Lakh ₹83 Lakh ₹70 Lakh ₹62,000 ₹61 Lakh ₹56 Lakh
Other Comprehensive Income ₹9.43 Cr ₹2.38 Cr ₹1.73 Cr ₹3.42 Cr ₹60,000 ₹14.9 Cr -₹11.51 Cr
Total Comprehensive Income ₹422.82 Cr ₹444.79 Cr ₹412.59 Cr ₹308.1 Cr ₹3.67 Cr ₹128.73 Cr ₹416.78 Cr
EBITDA (computed) ₹850.69 Cr ₹876.71 Cr ₹769.93 Cr ₹665.66 Cr ₹7.26 Cr ₹431.31 Cr ₹885.14 Cr
Basic EPS ₹15.63 ₹16.71 ₹15.51 ₹11.50 ₹13.82 ₹4.28 ₹16.18
Diluted EPS ₹15.63 ₹16.71 ₹15.51 ₹11.50 ₹13.82 ₹4.28 ₹16.18
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹9,692.57 Cr ₹8,222.79 Cr ₹7,053.37 Cr ₹6,280.39 Cr
Non-current Assets ₹3,466.41 Cr ₹2,543.91 Cr ₹2,637.9 Cr ₹2,593.94 Cr
Current Assets ₹6,226.16 Cr ₹5,674.02 Cr ₹4,410.54 Cr ₹3,681.59 Cr
Property, Plant & Equipment ₹2,037.72 Cr ₹1,735.12 Cr ₹1,760.09 Cr ₹1,832.35 Cr
Inventories ₹2,150.28 Cr ₹1,616.43 Cr ₹1,368.74 Cr ₹1,427.81 Cr
Trade Receivables ₹2,943.98 Cr ₹2,860.63 Cr ₹2,313.84 Cr ₹1,407.32 Cr
Cash & Equivalents ₹460.08 Cr ₹341.92 Cr ₹129.15 Cr ₹329.86 Cr
Equity (Net Worth) ₹4,527.84 Cr ₹4,369.64 Cr ₹4,183.56 Cr ₹3,969.5 Cr
Equity Share Capital ₹26.44 Cr ₹26.44 Cr ₹26.44 Cr ₹26.44 Cr
Borrowings (Non-current) ₹0 ₹35.69 Cr ₹0 ₹0
Borrowings (Current) ₹1,175.26 Cr ₹584.29 Cr ₹77.41 Cr ₹0
Total Debt (computed) ₹1,175.26 Cr ₹619.98 Cr ₹77.41 Cr ₹0
Current Liabilities ₹5,033.15 Cr ₹3,783.01 Cr ₹2,829.13 Cr ₹2,277.46 Cr
Total Liabilities ₹5,164.73 Cr ₹3,853.15 Cr ₹2,869.81 Cr ₹2,310.89 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹434.95 Cr ₹235.05 Cr ₹77.33 Cr -₹119.57 Cr ₹9 Cr
Investing Cash Flow -₹409.05 Cr -₹239.42 Cr -₹147.8 Cr -₹120.83 Cr -₹1.6 Cr
Financing Cash Flow ₹91.51 Cr ₹217.14 Cr -₹130.23 Cr -₹292.34 Cr -₹2.87 Cr
Capital Expenditure ₹511.72 Cr ₹258.3 Cr ₹191.5 Cr ₹156.28 Cr ₹1.74 Cr
Free Cash Flow (computed) -₹76.77 Cr -₹23.25 Cr -₹114.17 Cr -₹275.85 Cr ₹7.26 Cr
Dividends Paid ₹248.94 Cr ₹264.63 Cr ₹198.52 Cr ₹277.85 Cr ₹13.44 Lakh
Net Change in Cash ₹118.16 Cr ₹212.77 Cr -₹200.7 Cr ₹329.86 Cr ₹4.53 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹4,408.41 Cr ₹3,936.99 Cr ₹3,737.31 Cr ₹5,380.78 Cr ₹4,427.15 Cr ₹4,426.55 Cr ₹4,743.56 Cr ₹5,811.28 Cr ₹4,788.68 Cr ₹4,154.98 Cr ₹4,192.86 Cr ₹5,243.01 Cr
Other Income ₹8.15 Cr ₹11.09 Cr ₹14.86 Cr ₹11.07 Cr ₹8.01 Cr ₹10.14 Cr ₹10.4 Cr ₹7.35 Cr ₹26.46 Cr ₹24.77 Cr ₹12.09 Cr ₹10.42 Cr
Total Income ₹4,416.56 Cr ₹3,948.08 Cr ₹3,752.17 Cr ₹5,391.85 Cr ₹4,435.16 Cr ₹4,436.69 Cr ₹4,753.96 Cr ₹5,818.63 Cr ₹4,815.14 Cr ₹4,179.75 Cr ₹4,204.95 Cr ₹5,253.43 Cr
Cost of Materials Consumed ₹1,112.71 Cr ₹1,261.81 Cr ₹1,079.75 Cr ₹1,543.04 Cr ₹1,258.39 Cr ₹1,132.2 Cr ₹1,188.77 Cr ₹1,357.37 Cr ₹1,217.85 Cr ₹1,007.68 Cr ₹1,045.41 Cr ₹1,296.61 Cr
Purchases of Stock-in-Trade ₹56.66 Cr ₹83.2 Cr ₹84.57 Cr ₹80.34 Cr ₹58.07 Cr ₹33.23 Cr ₹53.86 Cr ₹36.58 Cr ₹25.63 Cr ₹33.16 Cr ₹25.71 Cr ₹33.75 Cr
Changes in Inventories ₹56.35 Cr -₹215.56 Cr ₹7.19 Cr ₹19.5 Cr ₹25.27 Cr -₹30.78 Cr -₹57.36 Cr ₹12.91 Cr -₹4.18 Cr -₹22.23 Cr -₹25.48 Cr ₹18.44 Cr
Employee Benefit Expense ₹195.49 Cr ₹180.9 Cr ₹186.37 Cr ₹199.41 Cr ₹191.38 Cr ₹168.23 Cr ₹175.16 Cr ₹131.5 Cr ₹125.57 Cr ₹109.63 Cr ₹118.24 Cr ₹98.66 Cr
Finance Costs ₹29.04 Cr ₹16.86 Cr ₹14.65 Cr ₹11.17 Cr ₹5.88 Cr ₹3.2 Cr ₹2.19 Cr ₹1.59 Cr ₹1.75 Cr ₹2.05 Cr ₹1.43 Cr ₹1.66 Cr
Depreciation & Amortisation ₹76.01 Cr ₹68.96 Cr ₹64.09 Cr ₹62.93 Cr ₹56.77 Cr ₹61.34 Cr ₹57.15 Cr ₹57.72 Cr ₹57.76 Cr ₹51.84 Cr ₹50.92 Cr ₹51.38 Cr
Other Expenses ₹2,848.02 Cr ₹2,400.89 Cr ₹2,249.75 Cr ₹3,227.58 Cr ₹2,707.33 Cr ₹2,982.19 Cr ₹3,155.91 Cr ₹3,987.52 Cr ₹3,281 Cr ₹2,880.74 Cr ₹2,844.69 Cr ₹3,572.46 Cr
Total Expenses ₹4,374.28 Cr ₹3,797.06 Cr ₹3,686.37 Cr ₹5,143.97 Cr ₹4,303.09 Cr ₹4,349.61 Cr ₹4,575.68 Cr ₹5,585.19 Cr ₹4,705.38 Cr ₹4,062.87 Cr ₹4,060.92 Cr ₹5,072.96 Cr
Profit Before Exceptional Items & Tax ₹42.28 Cr ₹151.02 Cr ₹65.8 Cr ₹247.88 Cr ₹132.07 Cr ₹87.08 Cr ₹178.28 Cr ₹233.44 Cr ₹109.76 Cr ₹116.88 Cr ₹144.03 Cr ₹180.47 Cr
Exceptional Items ₹74.04 Cr -₹18.73 Cr ₹0 ₹0 ₹0 -₹25.76 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹116.32 Cr ₹132.29 Cr ₹65.8 Cr ₹247.88 Cr ₹132.07 Cr ₹61.32 Cr ₹178.28 Cr ₹233.44 Cr ₹109.76 Cr ₹116.88 Cr ₹144.03 Cr ₹180.47 Cr
Total Tax Expense ₹14.45 Cr ₹51.14 Cr ₹19.46 Cr ₹63.85 Cr ₹34.31 Cr ₹22.8 Cr ₹45.95 Cr ₹59.64 Cr ₹28.21 Cr ₹31.08 Cr ₹36.86 Cr ₹44.13 Cr
Net Profit ₹101.87 Cr ₹81.15 Cr ₹46.34 Cr ₹184.03 Cr ₹97.76 Cr ₹38.52 Cr ₹132.33 Cr ₹173.8 Cr ₹81.55 Cr ₹85.8 Cr ₹107.17 Cr ₹136.34 Cr
  attributable to Owners ₹101.78 Cr ₹81 Cr ₹46.52 Cr ₹183.87 Cr ₹97.57 Cr ₹38.4 Cr - ₹173.55 Cr ₹81.2 Cr ₹85.34 Cr ₹107.28 Cr ₹0
  attributable to NCI ₹9 Lakh ₹15 Lakh -₹18 Lakh ₹16 Lakh ₹19 Lakh ₹12 Lakh - ₹25 Lakh ₹35 Lakh ₹46 Lakh -₹11 Lakh ₹0
Other Comprehensive Income -₹4.47 Cr ₹52 Lakh ₹1.62 Cr ₹11.76 Cr -₹80 Lakh -₹2.69 Cr ₹2.62 Cr ₹3.25 Cr -₹1.4 Cr -₹75 Lakh ₹4.1 Cr -₹22 Lakh
Total Comprehensive Income ₹97.4 Cr ₹81.67 Cr ₹47.96 Cr ₹195.79 Cr ₹96.96 Cr ₹35.83 Cr ₹134.95 Cr ₹177.05 Cr ₹80.15 Cr ₹85.05 Cr ₹111.27 Cr ₹136.12 Cr
EBITDA (computed) ₹147.33 Cr ₹236.84 Cr ₹144.54 Cr ₹321.98 Cr ₹194.72 Cr ₹151.62 Cr ₹237.62 Cr ₹292.75 Cr ₹169.27 Cr ₹170.77 Cr ₹196.38 Cr ₹233.51 Cr
Basic EPS ₹3.85 ₹3.06 ₹1.76 ₹6.95 ₹3.69 ₹1.45 ₹5.00 ₹6.56 ₹3.07 ₹3.23 ₹4.06 ₹5.15
Diluted EPS ₹3.85 ₹3.06 ₹1.76 ₹6.95 ₹3.69 ₹1.45 ₹5.00 ₹6.56 ₹3.07 ₹3.23 ₹4.06 ₹5.15
Latest 12 quarters shown of 24 on record.
Segment · Q3 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Beer ₹3,934.67 Cr ₹307.33 Cr ₹0 ₹0
Non-alcoholic beverages ₹2.32 Cr -₹4.91 Cr ₹0 ₹0
Segment · FY 2025 (annual) Revenue Result (PBIT) Assets Liabilities
Beer ₹19,403 Cr ₹1,070.22 Cr - -
Non alcoholic beverages ₹5.28 Cr -₹11.67 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹17,456 Cr ₹19,401 Cr ₹18,372 Cr ₹16,643 Cr ₹131.17 Cr ₹10,183 Cr ₹14,646 Cr
Other Income ₹44.63 Cr ₹35.7 Cr ₹72.93 Cr ₹49.27 Cr ₹29.66 Lakh ₹50.2 Cr ₹9.11 Cr
Total Income ₹17,501 Cr ₹19,437 Cr ₹18,445 Cr ₹16,692 Cr ₹131.47 Cr ₹10,234 Cr ₹14,656 Cr
Cost of Materials Consumed ₹5,004.44 Cr ₹4,945.65 Cr ₹4,575.86 Cr ₹4,233.21 Cr ₹27.14 Cr ₹1,972.56 Cr ₹2,974.86 Cr
Purchases of Stock-in-Trade ₹304.77 Cr ₹181.74 Cr ₹118.25 Cr ₹92.47 Cr ₹1.96 Cr ₹73.71 Cr ₹194.97 Cr
Changes in Inventories -₹132.22 Cr -₹50.57 Cr -₹32.9 Cr -₹51.4 Cr ₹22.89 Lakh -₹9.95 Cr -₹9.55 Cr
Employee Benefit Expense ₹756.88 Cr ₹713.12 Cr ₹447.53 Cr ₹407.76 Cr ₹5.19 Cr ₹482.29 Cr ₹499.77 Cr
Finance Costs ₹71.72 Cr ₹12.85 Cr ₹6.89 Cr ₹4.64 Cr ₹14.78 Lakh ₹22.67 Cr ₹31.12 Cr
Depreciation & Amortisation ₹271.61 Cr ₹232.69 Cr ₹211.64 Cr ₹210.32 Cr ₹2.17 Cr ₹231.85 Cr ₹284.97 Cr
Other Expenses ₹10,717 Cr ₹12,772 Cr ₹12,569 Cr ₹11,347 Cr ₹89.7 Cr ₹7,285.29 Cr ₹10,112 Cr
Total Expenses ₹16,994 Cr ₹18,807 Cr ₹17,896 Cr ₹16,244 Cr ₹126.54 Cr ₹10,058 Cr ₹14,088 Cr
Profit Before Exceptional Items & Tax ₹506.58 Cr ₹629.11 Cr ₹549.32 Cr ₹448.57 Cr ₹4.93 Cr ₹175.18 Cr ₹567.42 Cr
Exceptional Items ₹55.31 Cr -₹25.76 Cr ₹0 -₹33.12 Cr ₹0 -₹7.22 Cr ₹0
Profit Before Tax ₹561.89 Cr ₹603.35 Cr ₹549.32 Cr ₹415.45 Cr ₹4.93 Cr ₹167.96 Cr ₹567.42 Cr
Total Tax Expense ₹148.73 Cr ₹162.18 Cr ₹139.93 Cr ₹111.99 Cr ₹1.28 Cr ₹55.11 Cr ₹140.19 Cr
Net Profit ₹413.16 Cr ₹441.17 Cr ₹409.39 Cr ₹303.46 Cr ₹3.65 Cr ₹112.85 Cr ₹427.23 Cr
Other Comprehensive Income ₹9.41 Cr ₹2.39 Cr ₹1.72 Cr ₹3.42 Cr ₹60,000 ₹14.9 Cr -₹11.51 Cr
Total Comprehensive Income ₹422.57 Cr ₹443.56 Cr ₹411.11 Cr ₹306.88 Cr ₹3.66 Cr ₹127.75 Cr ₹415.72 Cr
EBITDA (computed) ₹849.91 Cr ₹874.65 Cr ₹767.85 Cr ₹663.53 Cr ₹7.25 Cr ₹429.7 Cr ₹883.51 Cr
Basic EPS ₹15.63 ₹16.69 ₹15.48 ₹11.48 ₹13.81 ₹4.27 ₹16.16
Diluted EPS ₹15.63 ₹16.69 ₹15.48 ₹11.48 ₹13.81 ₹4.27 ₹16.16
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹9,680.95 Cr ₹8,211.62 Cr ₹7,043.28 Cr ₹6,271.23 Cr
Non-current Assets ₹3,460.56 Cr ₹2,535.89 Cr ₹2,636.77 Cr ₹2,587.25 Cr
Current Assets ₹6,220.39 Cr ₹5,670.87 Cr ₹4,401.65 Cr ₹3,679.12 Cr
Property, Plant & Equipment ₹2,035.65 Cr ₹1,732.89 Cr ₹1,758.64 Cr ₹1,830.89 Cr
Inventories ₹2,147.91 Cr ₹1,614.93 Cr ₹1,366.45 Cr ₹1,425.97 Cr
Trade Receivables ₹2,943.09 Cr ₹2,860.11 Cr ₹2,313.29 Cr ₹1,407.07 Cr
Cash & Equivalents ₹459.78 Cr ₹341 Cr ₹128.63 Cr ₹329.52 Cr
Equity (Net Worth) ₹4,517.31 Cr ₹4,359.15 Cr ₹4,174.07 Cr ₹3,961.26 Cr
Equity Share Capital ₹26.44 Cr ₹26.44 Cr ₹26.44 Cr ₹26.44 Cr
Borrowings (Non-current) ₹0 ₹35.69 Cr ₹0 ₹0
Borrowings (Current) ₹1,175.26 Cr ₹584.29 Cr ₹77.41 Cr ₹0
Total Debt (computed) ₹1,175.26 Cr ₹619.98 Cr ₹77.41 Cr ₹0
Current Liabilities ₹5,032.07 Cr ₹3,782.35 Cr ₹2,828.54 Cr ₹2,276.61 Cr
Total Liabilities ₹5,163.64 Cr ₹3,852.47 Cr ₹2,869.21 Cr ₹2,309.97 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹435.67 Cr ₹233.5 Cr ₹76.83 Cr -₹120.65 Cr ₹8.99 Cr
Investing Cash Flow -₹409.37 Cr -₹238.49 Cr -₹147.7 Cr -₹120.45 Cr -₹1.6 Cr
Financing Cash Flow ₹91.73 Cr ₹217.36 Cr -₹130.01 Cr -₹291.76 Cr -₹2.86 Cr
Capital Expenditure ₹511.06 Cr ₹254.78 Cr ₹191.12 Cr ₹156.14 Cr ₹1.73 Cr
Free Cash Flow (computed) -₹75.39 Cr -₹21.28 Cr -₹114.29 Cr -₹276.79 Cr ₹7.26 Cr
Dividends Paid ₹248.72 Cr ₹264.41 Cr ₹198.3 Cr ₹277.63 Cr ₹13.22 Lakh
Net Change in Cash ₹118.78 Cr ₹212.37 Cr -₹200.88 Cr -₹532.86 Cr ₹4.53 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹4,406.14 Cr ₹3,935.63 Cr ₹3,735.56 Cr ₹5,378.88 Cr ₹4,425.53 Cr ₹4,424.65 Cr ₹4,741.52 Cr ₹5,809.1 Cr ₹4,786.83 Cr ₹4,153.18 Cr ₹4,190.83 Cr ₹5,241.4 Cr
Other Income ₹7.82 Cr ₹10.85 Cr ₹15.01 Cr ₹10.95 Cr ₹7.85 Cr ₹10.08 Cr ₹10.52 Cr ₹7.25 Cr ₹26.32 Cr ₹24.06 Cr ₹12.23 Cr ₹10.32 Cr
Total Income ₹4,413.96 Cr ₹3,946.48 Cr ₹3,750.57 Cr ₹5,389.83 Cr ₹4,433.38 Cr ₹4,434.73 Cr ₹4,752.04 Cr ₹5,816.35 Cr ₹4,813.15 Cr ₹4,177.24 Cr ₹4,203.06 Cr ₹5,251.72 Cr
Cost of Materials Consumed ₹1,114.43 Cr ₹1,263.74 Cr ₹1,081.4 Cr ₹1,544.87 Cr ₹1,260.51 Cr ₹1,134.2 Cr ₹1,191.11 Cr ₹1,359.83 Cr ₹1,220.54 Cr ₹1,009.59 Cr ₹1,047.01 Cr ₹1,298.72 Cr
Purchases of Stock-in-Trade ₹56.66 Cr ₹83.2 Cr ₹84.57 Cr ₹80.34 Cr ₹58.07 Cr ₹33.23 Cr ₹53.86 Cr ₹36.58 Cr ₹25.63 Cr ₹33.16 Cr ₹25.71 Cr ₹33.75 Cr
Changes in Inventories ₹55.81 Cr -₹214.9 Cr ₹7.22 Cr ₹19.65 Cr ₹25.55 Cr -₹30.93 Cr -₹57.49 Cr ₹12.3 Cr -₹4.05 Cr -₹21.93 Cr -₹25.51 Cr ₹18.59 Cr
Employee Benefit Expense ₹194.3 Cr ₹179.57 Cr ₹185.06 Cr ₹197.95 Cr ₹189.91 Cr ₹166.91 Cr ₹173.86 Cr ₹130.25 Cr ₹124.26 Cr ₹108.46 Cr ₹117.16 Cr ₹97.65 Cr
Finance Costs ₹29.04 Cr ₹16.86 Cr ₹14.65 Cr ₹11.17 Cr ₹5.87 Cr ₹3.2 Cr ₹2.19 Cr ₹1.59 Cr ₹1.75 Cr ₹2.05 Cr ₹1.43 Cr ₹1.66 Cr
Depreciation & Amortisation ₹75.91 Cr ₹68.88 Cr ₹63.98 Cr ₹62.84 Cr ₹56.66 Cr ₹61.29 Cr ₹57.08 Cr ₹57.66 Cr ₹57.71 Cr ₹51.77 Cr ₹50.84 Cr ₹51.32 Cr
Other Expenses ₹2,845.8 Cr ₹2,398.54 Cr ₹2,247.17 Cr ₹3,225.55 Cr ₹2,705.26 Cr ₹2,980.1 Cr ₹3,153.34 Cr ₹3,985.4 Cr ₹3,278.47 Cr ₹2,878.33 Cr ₹2,841.87 Cr ₹3,569.91 Cr
Total Expenses ₹4,371.95 Cr ₹3,795.89 Cr ₹3,684.05 Cr ₹5,142.37 Cr ₹4,301.83 Cr ₹4,348 Cr ₹4,573.95 Cr ₹5,583.61 Cr ₹4,704.31 Cr ₹4,061.43 Cr ₹4,058.51 Cr ₹5,071.6 Cr
Profit Before Exceptional Items & Tax ₹42.01 Cr ₹150.59 Cr ₹66.52 Cr ₹247.46 Cr ₹131.55 Cr ₹86.73 Cr ₹178.09 Cr ₹232.74 Cr ₹108.84 Cr ₹115.81 Cr ₹144.55 Cr ₹180.12 Cr
Exceptional Items ₹74.04 Cr -₹18.73 Cr ₹0 ₹0 ₹0 -₹25.76 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹116.05 Cr ₹131.86 Cr ₹66.52 Cr ₹247.46 Cr ₹131.55 Cr ₹60.97 Cr ₹178.09 Cr ₹232.74 Cr ₹108.84 Cr ₹115.81 Cr ₹144.55 Cr ₹180.12 Cr
Total Tax Expense ₹14.38 Cr ₹51.03 Cr ₹19.57 Cr ₹63.75 Cr ₹34.17 Cr ₹22.71 Cr ₹45.84 Cr ₹59.46 Cr ₹28 Cr ₹30.96 Cr ₹36.93 Cr ₹44.04 Cr
Net Profit ₹101.67 Cr ₹80.83 Cr ₹46.95 Cr ₹183.71 Cr ₹97.38 Cr ₹38.26 Cr ₹132.25 Cr ₹173.28 Cr ₹80.84 Cr ₹84.85 Cr ₹107.62 Cr ₹136.08 Cr
Other Comprehensive Income -₹4.49 Cr ₹52 Lakh ₹1.62 Cr ₹11.76 Cr -₹79 Lakh -₹2.69 Cr ₹2.62 Cr ₹3.25 Cr -₹1.41 Cr -₹75 Lakh ₹4.1 Cr -₹22 Lakh
Total Comprehensive Income ₹97.18 Cr ₹81.35 Cr ₹48.57 Cr ₹195.47 Cr ₹96.59 Cr ₹35.57 Cr ₹134.87 Cr ₹176.53 Cr ₹79.43 Cr ₹84.1 Cr ₹111.72 Cr ₹135.86 Cr
EBITDA (computed) ₹146.96 Cr ₹236.33 Cr ₹145.15 Cr ₹321.47 Cr ₹194.08 Cr ₹151.22 Cr ₹237.36 Cr ₹291.99 Cr ₹168.3 Cr ₹169.63 Cr ₹196.82 Cr ₹233.1 Cr
Basic EPS ₹3.85 ₹3.06 ₹1.78 ₹6.95 ₹3.69 ₹1.45 ₹5.00 ₹6.55 ₹3.06 ₹3.21 ₹4.07 ₹5.15
Diluted EPS ₹3.85 ₹3.06 ₹1.78 ₹6.95 ₹3.69 ₹1.45 ₹5.00 ₹6.55 ₹3.06 ₹3.21 ₹4.07 ₹5.15
Latest 12 quarters shown of 24 on record.
Segment · Q3 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Beer ₹3,933.31 Cr ₹307.14 Cr ₹0 ₹0
Non-alcoholic beverages ₹2.32 Cr -₹4.91 Cr ₹0 ₹0
Segment · FY 2025 (annual) Revenue Result (PBIT) Assets Liabilities
Beer ₹19,396 Cr ₹1,068.65 Cr - -
Non alcoholic beverages ₹5.28 Cr -₹11.67 Cr - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for United Breweries Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of United Breweries Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 70.83%, foreign institutional investors hold 4.94%, domestic institutional investors hold 18.08%, retail and other public shareholders hold 4.99% of United Breweries Limited. The company had 79,464 shareholders on record.

Promoters: 70.83%DII (Domestic Institutional): 18.08%FII (Foreign Institutional): 4.94%Retail & Others: 4.99%Others: 1.16%
Mar 2026
QUARTER
70.83% Promoters
18.08% DII (Domestic Institutional)
4.94% FII (Foreign Institutional)
4.99% Retail & Others
1.16% Others
Promoter holding - history
Now 70.83% · Mar 2026High 74.68% · Dec 2015Low 57.72% · Jun 2018
56%61%66%71%76%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 74.68%Mar 2016: 73.89%Jun 2016: 73.89%Sep 2016: 73.87%Dec 2016: 73.87%Mar 2017: 73.87%Jun 2017: 73.87%Sep 2017: 73.35%Dec 2017: 73.35%Mar 2018: 73.35%Jun 2018: 57.72%Sep 2018: 57.72%Dec 2018: 57.72%Mar 2019: 57.72%Jun 2019: 57.72%Sep 2019: 57.72%Dec 2019: 57.73%Mar 2020: 57.73%Jun 2020: 57.72%Sep 2020: 57.72%Dec 2020: 57.72%Mar 2021: 57.72%Jun 2021: 72.71%Sep 2021: 72.71%Dec 2021: 72.71%Mar 2022: 72.71%Jun 2022: 72.71%Sep 2022: 72.71%Dec 2022: 72.71%Mar 2023: 72.71%Jun 2023: 72.71%Sep 2023: 70.99%Dec 2023: 70.83%Mar 2024: 70.83%Jun 2024: 70.83%Sep 2024: 70.83%Dec 2024: 70.83%Mar 2025: 70.83%Jun 2025: 70.83%Sep 2025: 70.83%Dec 2025: 70.83%Mar 2026: 70.83%74.68%57.72%70.83%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters70.83%70.83%70.83%70.83%70.83%70.83%
Public29.17%29.17%29.17%29.17%29.17%29.17%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters70.83%70.83%70.83%72.71%72.71%57.72%57.73%57.72%73.35%73.87%73.89%
Public29.17%29.17%29.17%27.29%27.29%42.28%42.29%42.28%26.65%26.13%26.11%
Promoter change (YoY, %pts)+0.00+0.00-1.88+0.00+14.99-0.01+0.01-15.63-0.52-0.02-

Board & Governance of United Breweries Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of United Breweries Limited has 10 directors - 5 independent and 2 executive. The board is chaired by Anand Kripalu.

DirectorPositionOn board sinceListed boards
Jan Cornelis van der Liden Non-Executive - Non Independent Director 2020-06-01 1
Manu Anand Non-Executive - Independent Director 2022-05-29 2
Geetu Gidwani Verma Non-Executive - Independent Director 2022-05-29 1
Anand Kripalu Non-Executive - Independent Director · Chairperson 2023-02-22 4
Subramaniam Somasundaram Non-Executive - Independent Director 2023-06-04 3
Vivek Gupta Executive Director · CEO-MD 2023-09-25 1
Jorn Elimar Kersten Executive Director 2024-08-01 1
Yolanda Talamo Non-Executive - Non Independent Director 2024-08-01 1
Radovan Sikorsky Non-Executive - Non Independent Director 2024-08-01 1
Ranjan Ramdas Pai Non-Executive - Independent Director 2024-10-24 2
Board Committees
CommitteeMembers
Audit Committee Subramaniam Somasundaram (Chairperson), Manu Anand, Anand Kripalu, Radovan Sikorsky
Nomination and remuneration committee Manu Anand (Chairperson), Geetu Gidwani Verma, Anand Kripalu, Yolanda Talamo
Stakeholders Relationship Committee Anand Kripalu (Chairperson), Vivek Gupta, Geetu Gidwani Verma, Jorn Elimar Kersten
Risk Management Committee Manu Anand (Chairperson), Jan Cornelis van der Liden, Geetu Gidwani Verma, Anand Kripalu, Vivek Gupta, Subramaniam Somasundaram, Jorn Elimar Kersten
Corporate Social Responsibility Committee Geetu Gidwani Verma (Chairperson), Vivek Gupta, Yolanda Talamo, Ranjan Ramdas Pai

Group Structure of United Breweries Limited

United Breweries Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects United Breweries Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Maltex Malsters Ltd U15137PB1968PLC002895 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of United Breweries Limited

Open charges
₹750.5 Cr
Satisfied charges
₹62,057 Cr
Breakdown by lending institutions
Citi Bank N.A.₹750.00 Cr
Union Bank of India₹0.50 Cr
Latest charge details
DateLenderAmountStatus
30 Dec 2005 Citi Bank N.A. ₹750 Cr Open
15 Jun 1992 Union Bank of India ₹50 Lakh Open
12 Aug 2020 Others ₹96 Cr Satisfied
24 Jun 2020 Axis Bank Limited ₹120 Cr Satisfied
21 Dec 2017 Others ₹150 Cr Satisfied

Total charge records: 54 View all charges

Employees and EPFO Compliance at United Breweries Limited

United Breweries Limited has a workforce of 2,258 employees as of Jan 24, 2025.

Employee count
2,258
Active EPFO establishments
22
Employee growth
-25.55%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of United Breweries Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
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GST Compliance of United Breweries Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of United Breweries Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for United Breweries Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of United Breweries Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by United Breweries Limited

MSME Payment Delays by United Breweries Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of United Breweries Limited

Subsidiaries & Group Companies of United Breweries Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of United Breweries Limited

MCA Filings & Documents of United Breweries Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on United Breweries Limited

Activity
07 Aug 2025
United Breweries Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records.
Charges
25 Apr 2025
A charge registered on 24 Jun 2020 via Charge ID 100351492 with Axis Bank Limited was fully satisfied on 25 Apr 2025.
Activity
31 Mar 2025
United Breweries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
06 Jan 2025
Jorn Elimar Kersten was appointed as a Cfo on 06 Jan 2025 & has been associated with this company since 1 year 6 months.
Directors
24 Oct 2024
Ranjan Ramdas Pai was appointed as a Director on 24 Oct 2024 & has been associated with this company since 1 year 8 months.
Directors
01 Aug 2024
Radovan Sikorsky was appointed as a Director on 01 Aug 2024 & has been associated with this company since 1 year 11 months.

Frequently Asked Questions about United Breweries Limited

United Breweries Limited is an active public limited company in the food and beverages sector based in Bangalore, Karnataka, India. It was incorporated on 13 May 1999 (27+ years old) and is registered under CIN L36999KA1999PLC025195. Listed on BSE: 532478 and NSE: UBL. The company has 2,258 employees.

United Breweries Limited reported revenue of ₹19,444 Cr for FY 2025 (up 5.00% YoY).

The primary industry of United Breweries Limited is food and beverages. The company specifically operates in alcoholic beverage manufacturing and distribution. The company is currently active in this sector.

Yes. United Breweries Limited is listed on both BSE (code: 532478) and NSE (symbol: UBL).

United Breweries Limited can be reached at the registered office: Ubtower Ubcity 24 Vittalmallyaroad, Bangalore, Karnataka, India – 560001, or through the website unitedbreweries.com.

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