Name: Latest research reports of United Spirits Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: United Spirits Ltd.
Rating: 3
Author: Motilal Oswal

Operationally in line; maintains double-digit growth guidance

Neutral: United Spirits Ltd.

Target

Motilal Oswal

United Spirits (UNSP) registered a 6.9% YoY revenue growth (est. 3.9%). The
Prestige & Above (P&A) segment grew 6.5% YoY, with volume growth of
3.7% YoY (10% four-year CAGR). The popular segment posted 3.3%/4.0%
YoY value/volume growth