2026-01-10 05:00:47 pm | Source: Motilal Oswal Financial Services Ltd
Neutral United Breweries Ltd for the Target Rs. 1,700 by Motilal Oswal Financial Services Ltd
* Demand environment for beer players moderated in 3Q due to the off-season (extended monsoon and earlier winters). We model 1% revenue growth and 1% volume growth YoY.
* UBBL continues to gain market share in the premium segment; this should aid realization.
* We expect GM will be flat YoY at 43%. EBITDA margins expected to decline 110bp YoY to 6% due to operating deleverage.
* The outlook on state mix and realization growth remains a key monitorable.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Smart Pens That Digitize Handwriting: Where Traditio...
Wellness Tourism and the New Travel Mindset: Journey...
Buy Titan Company Ltd for the Target Rs. 4,650 by Mo...
Neutral Senco Gold Ltd for the Target Rs. 365 by Mot...
Buy PN Gadgil Jewellers Ltd for the Target Rs. 825 b...
Arianna Huffington: Redefining Success Through Well-...
Buy Kalyan Jewellers India Ltd for the Target Rs. 65...
Neutral Westlife Foodworld Ltd for the Target Rs. 60...
Buy Restaurant Brands Asia Ltd for the Target Rs. 12...
Yoga aids speedy opioid withdrawal recovery, improve...
 2.jpg)
