United Spirits Limited

Produces and distributes a wide range of premium alcoholic beverages.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated:

United Spirits Profile

Key Indicators

  • Authorised Capital ₹ 739.20 Cr
  • Paid Up Capital ₹ 145.47 Cr
  • Company Age 26 Year, 2 Months
  • 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 two months. 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

Food and Beverages
Company report

United Spirits Limited

Explore comprehensive data for United Spirits Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Mital Sanghvi Country flag representing In Company Secretary01-Jun-2020Current
Pradeep Jain Country flag representing In CFO08-Jun-2023Current
Hina Nagarajan CEO01-Jul-2021Current

Board Members (8)

NameDesignationAppointment DateStatus
Vegulaparanan Viswanathan Country flag representing In Director 17-Oct-2016Current
Mukesh Butani Country flag representing In Director 01-Mar-2024Current
Mark Sandys Country flag representing Gb Director 01-Apr-2022Current
Indu Bhushan Country flag representing In Director 01-Mar-2024Current
Pradeep Jain Country flag representing In Whole-Time Director and Cfo 01-Feb-2023Current
Amrita Gangotra Country flag representing In Director 01-Sep-2024Current

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

Charges (Loans)

Open Charges

₹1,532.55 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
17 Jun 2010Others₹1,284.46 CrOpen
25 Nov 2005Corporation Bank₹8.00 CrOpen
27 May 2005Mbl Investments Ltd.₹43.20 CrOpen
27 May 2005Mbi Investment Ltd.₹75.00 CrOpen
29 Apr 2005Standard Chartered Bank₹25.00 CrOpen

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

    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 28 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 27 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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