

United Spirits Profile
Key Indicators
- Authorised Capital ₹ 739.20 Cr
- Paid Up Capital ₹ 145.47 Cr
- Company Age 26 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,532.55 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%
About United Spirits
United Spirits Limited (USL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 March 1999 and has a history of 26 years and one month. Its registered office is in Bangaluru, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532432 and on the National Stock Exchange(NSE) under MCDOWELL-N.
The Corporate was formerly known as Mcdowell And Company Limited. The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 739.20 Cr and a paid-up capital of Rs 145.47 Cr.
The company currently has active open charges totaling ₹1,532.55 Cr. The company has closed loans amounting to ₹25,810.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at United Spirits Limited India are Mital Sanghvi as Company Secretary, Pradeep Jain as Cfo, and Hina Nagarajan as Ceo. Mukesh Butani, Vegulaparanan Viswanathan, Pradeep Jain, and Six other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L01551KA1999PLC024991
- Company No.
024991
- Stock Symbol
BSE : 532432 NSE : MCDOWELL-N
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Mar 1999
- Date of AGM
31 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at United Spirits?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Mital Sanghvi ![]() | Company Secretary | 01-Jun-2020 | Current |
Pradeep Jain ![]() | CFO | 08-Jun-2023 | Current |
Hina Nagarajan | CEO | 01-Jul-2021 | Current |
Board Members (8)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vegulaparanan Viswanathan ![]() | Director | 17-Oct-2016 | Current |
Mukesh Butani ![]() | Director | 01-Mar-2024 | Current |
Mark Sandys ![]() | Director | 01-Apr-2022 | Current |
Indu Bhushan ![]() | Director | 01-Mar-2024 | Current |
Pradeep Jain ![]() | Whole-Time Director and Cfo | 01-Feb-2023 | Current |
Amrita Gangotra ![]() | Director | 01-Sep-2024 | Current |
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%.


- Key Matrics
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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.

Related Corporates (Common Directorship)
- The Advertising Standards Council Of India
Hina Nagarajan is a mutual person
- Ksb Limited
Vegulaparanan Viswanathan is a mutual person
- International Tax Research And Analysis Foundation
Mukesh Butani is a mutual person
- Hitachi Energy India Limited
Mukesh Butani is a mutual person
- India1 Payments Limited
Amrita Gangotra is a mutual person
- Colgate-Palmolive (India) Limited
Indu Bhushan is a mutual person
Charges (Loans)
₹1,532.55 Cr
₹25,810.75 Cr
Charges Breakdown by Lending Institutions
- Others : 1284.46 Cr
- Mbi Investment Ltd. : 75.00 Cr
- Mbl Investments Ltd. : 43.20 Cr
- Sicom Ltd. : 32.00 Cr
- Standard Chartered Bank : 25.00 Cr
- Others : 72.89 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
17 Jun 2010 | Others | ₹1,284.46 Cr | Open |
25 Nov 2005 | Corporation Bank | ₹8.00 Cr | Open |
27 May 2005 | Mbl Investments Ltd. | ₹43.20 Cr | Open |
27 May 2005 | Mbi Investment Ltd. | ₹75.00 Cr | Open |
29 Apr 2005 | Standard Chartered Bank | ₹25.00 Cr | Open |
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.

Deals i

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

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

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
Preeti Arora was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 7 months 13 days .
- Director Appointment
Amrita Gangotra was appointed as a Director was appointed as a Director on 01 Sep 2024 & has been associated with this company since 8 months 12 days .
- Annual General Meeting
United Spirits Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.
- Balance Sheet
United Spirits Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Mukesh Hari Butani was appointed as a Director was appointed as a Director on 01 Mar 2024 & has been associated with this company since 1 year 2 months .
- Director Appointment
Indu Bhushan was appointed as a Director was appointed as a Director on 01 Mar 2024 & has been associated with this company since 1 year 2 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of United Spirits Limited?
United Spirits Limited was incorporated on 31 Mar 1999.
What is authorized share capital and paid-up capital of United Spirits Limited?
The authorized share capital of United Spirits Limited is ₹ 739.20 Cr and paid-up capital is ₹ 145.47 Cr.
Who are the current board members & directors of United Spirits Limited?
Currently 12 directors are associated with United Spirits Limited.
- Mukesh Hari Butani
- Vegulaparanan Kasi Viswanathan
- Pradeep Jain
- Amrita Gangotra
- Preeti Arora
- Mital Arvind Sanghvi
- Pradeep Jain
- Hina Nagarajan
- Mark Dominic Sandys
- Indu Bhushan
- Mahendrakumar Sharma
- Hina Nagarajan
What is the registered address of United Spirits Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of United Spirits Limited is 'Ub Tower' 24, Vittal Mallya Road India, Bangalore, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of United Spirits Limited?
The corporate identification number (CIN) of United Spirits Limited is L01551KA1999PLC024991 and the company number is 024991 as per Ministry of Corporate Affairs (MCA).
Is United Spirits Limited registered with any stock exchange in India?
Yes, United Spirits Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MCDOWELL-N.
What is the official website of United Spirits Limited?
The Official website of United Spirits Limited is https://www.diageoindia.com
What has been the recent revenue trend for United Spirits Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for United Spirits Limited has fallen by -10.14%.
How many employees does United Spirits Limited currently have?
As Per 2023 financial reports, 1876 employees are currently employed by United Spirits Limited.
What change has been observed in the net worth of United Spirits Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of United Spirits Limited has experienced an upsurge of 21.27%.
What are the total open charges for United Spirits Limited?
As per the financial statements for fiscal Year 2023, The total open charges for United Spirits Limited amount to ₹ 1,532.55 Cr.
When was the last Balance Sheet of United Spirits Limited filed with the ROC?
The most recent Balance Sheet for United Spirits Limited was filed with the ROC on 31 Mar 2024.
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