United Spirits Profile
Key Indicators
- Authorised Capital ₹ 739.20 Cr
- Paid Up Capital ₹ 145.47 Cr
- Company Age 25 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- 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 25 years and ten months. Its registered office is in Bangalore, 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 2023. 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. Emily Gibson, Mark Sandys, Indu Bhushan, and Nine other members serve as directors at the Company.
Company Details
- Location
Bangalore, 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 2023
- Date of Balance Sheet
31 Mar 2023
- 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 | 01-Oct-2020 | Current |
| Hina Nagarajan | CEO | 01-Jul-2021 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vegulaparanan Viswanathan | Director | 17-Oct-2016 | Current |
| Mukesh Butani | Director | 11-Mar-2024 | Current |
Mark Sandys  | Director | 01-Apr-2022 | Current |
| Mamta Sundara | Director | 01-Feb-2023 | Current |
| Indu Bhushan | Director | 01-Mar-2024 | Current |
| Indu Shahani | Director | 14-Aug-2014 | 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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 IndiaIndu Shahani and Hina Nagarajan are mutual person
S D Fine-Chem LimitedSivanandhan Dhanushkodi is a mutual person
Lighthouse Learning Private LimitedIndu Shahani is a mutual person
Ksb LimitedVegulaparanan Viswanathan is a mutual person
International Tax Research And Analysis FoundationMukesh Butani is a mutual person
Hitachi Energy India LimitedMukesh Butani 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.
