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United Spirits Limited - Company Profile

It is a food and beverages public limited company based in Bangalore, Karnataka, India, established in 1999.

1999 | Bangalore, Karnataka, India | Active
Last Updated:

About United Spirits Limited

United Spirits Limited, a active public limited company, was established on 31 March 1999 in Bangalore, Karnataka, India. Engaging in alcoholic beverage manufacturing & distribution within the manufacturing sector, it holds CIN: L01551KA1999PLC024991. Registered under ROC Roc Bangalore. it is listed on BSE: 532432 and NSE: MCDOWELL-N. It has an authorized capital of ₹739.20 Cr and a paid-up capital of ₹145.47 Cr.

Formerly known as Mcdowell And Company Limited. It upholds a compliant status. In 2023, it reported revenue of ₹27,651.70 Cr and a net worth of ₹5,944.50 Cr. Employing 1,876 professional, Its leadership includes Vegulaparanan Kasi Viswanathan (Director), Praveen Someshwar (Managing Director), Mukesh Hari Butani (Director). Past directors included Vinod Rao, Brij Mohan Labroo, Vijay Mallya. It holds ₹1,403.31 Cr open charges and ₹25,810.75 Cr settled loans. Its latest AGM occurred on 29 August 2025, with the balance sheet filed on 31 March 2025. It is based at 'Ub Tower' # 24, Vittal Mallya Road, Bangalore, Karnataka, 560001.

Company Details

  • CIN/LLPIN

    L01551KA1999PLC024991

  • Registration Number

    024991

  • Incorporation Date

    31 March 1999

  • Authorized Capital

    ₹739.20 Cr

  • Paid-Up Capital

    ₹145.47 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Listed (BSE: 532432, NSE: MCDOWELL-N)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 739.20 Cr
  • Paid Up Capital ₹ 145.47 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,403.31 Cr
  • Satisfied Charges ₹ 25,810.75 Cr
  • Revenue Growth -10.14%
  • Profit Growth 36.62%
  • Ebitda -6.09%
  • Net Worth 21.27%
  • Total Assets 13.74%
Company report

United Spirits Limited

Company Report FY 2025-2026

Explore comprehensive insights into United Spirits Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at United Spirits Limited?

Current Directors

NameDesignationAppointment DateStatus
Vegulaparanan Kasi ViswanathanDirector17 Oct 2016Current
Praveen SomeshwarManaging Director01 Apr 2025Current
Mukesh Hari ButaniDirector01 Mar 2024Current
Pradeep JainCfo01 Oct 2020Current
Amrita GangotraDirector01 Sep 2024Current
Mark Dominic SandysDirector01 Apr 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director16 Dec 2021Past
Pramod AbcsddDirector04 Jul 2013Past
Pramod AbcsddDirector25 Feb 2016Past
Pramod AbcsddCompany Secretary31 Mar 2015Past
Pramod AbcsddDirector01 Jun 2007Past
Pramod AbcsddAdditional Director30 Aug 2017Past

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Financial Performance of United Spirits.

United Spirits Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.14% decrease. The company also saw a substantial improvement in profitability, with a 36.62% increase in profit. The company's net worth Soared by an impressive increase of 21.27%.

United Spirits revenue growth over time
United Spirits profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-10.14%
Revenue from Operations
-10.26%
Total Assets
13.74%
Profit or Loss
36.62%
Net Worth
21.27%
EBITDA
-6.09%

What is the Ownership and Shareholding Structure of United Spirits?

In 2023, United Spirits had a promoter holding of 56.68% and a public holding of 43.32%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹14,033,056,000.00

Satisfied Charges

₹258,107,462,257.00

Charges Breakdown by Lending Institutions

  • Others : 1284.46 Cr
  • Mbi Investment Ltd. : 75.00 Cr
  • Mbl Investments Ltd. : 43.20 Cr
  • State Bank Of Patiala : 0.65 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2010Others₹1,284.46 CrOpen
27 May 2005Mbl Investments Ltd.₹43.20 CrOpen
27 May 2005Mbi Investment Ltd.₹75.00 CrOpen
01 Feb 1999State Bank Of Patiala₹6.50 MOpen
23 Dec 2015The Hongkong And Shanghai Banking Corporation Limited₹325.00 CrSatisfied

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How Many Employees Work at United Spirits?

United Spirits has a workforce of 1876 employees as of Jul 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for United Spirits Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of United Spirits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped United Spirits's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on United Spirits

Recent Activity within the Organization

  • Director Appointment

    Narayan Keelveedhi Seshadri was appointed as a Additional Director was appointed as a Additional Director on 09 Oct 2025 & has been associated with this company since 1 month 23 days . was recorded as a recent event.

  • Director Appointment

    The activity Pragya Kaul was appointed as a Company Secretary was appointed as a Company Secretary on 10 Sep 2025 & has been associated with this company since 2 months 24 days . was completed.

  • Annual General Meeting

    United Spirits Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Praveen Someshwar was appointed as a Ceo was appointed as a Ceo on 23 Apr 2025 & has been associated with this company since 7 months 11 days . was documented.

  • Director Appointment

    Praveen Someshwar was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2025 & has been associated with this company since 8 months 2 days . was recorded as a recent event.

  • Balance Sheet

    Progress on United Spirits Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of United Spirits Limited?

    The CIN of United Spirits Limited is L01551KA1999PLC024991.

  • Where is United Spirits Limited headquartered?

    United Spirits Limited is headquartered at 'Ub Tower' # 24, Vittal Mallya Road, Bangalore, Karnataka, 560001.

  • When was United Spirits Limited incorporated?

    United Spirits Limited was incorporated on 31 March 1999.

  • Who are the current directors of United Spirits Limited?

    The current directors of United Spirits Limited are

  • What is the primary industry of United Spirits Limited?

    The primary industry of United Spirits Limited is Manufacturing.

  • Is United Spirits Limited a listed company?

    United Spirits Limited is listed. It is listed on BSE: 532432 and NSE: MCDOWELL-N.

  • What is the capital structure of United Spirits Limited?

    The authorized capital of United Spirits Limited is ₹739.20 Cr, and the paid-up capital is ₹145.47 Cr.

  • What is the compliance status of United Spirits Limited?

    The compliance status of United Spirits Limited is Compliant.

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