Beverage companies like United Spirits, United Breweries, and Radico Khaitan could potentially increase prices due to a surge in costs for raw materials (glass, PET bottles, aluminium) and logistics, which have risen by 8-40% and 10%, respectively. These increased costs may affect their pricing strategies in the beverage industry.
United Breweries Limited
UBLRecent Discussions
JPMorgan has downgraded United Breweries to 'Underweight' due to concerns over high input costs and pricing challenges, setting a target price of Rs 1,415. Instead, they favor Marico, Nestle, and Tata Consumer for their defensive potential. Additionally, they see more appealing risk-reward prospects in Britannia, HUL, and Varun Beverages.
United Breweries Limited has been issued a tax demand of INR 22.5 crore by Maharashtra VAT Department for the fiscal year 2021-22. The company plans to challenge the decision, anticipating only a minor financial deposit as a precursor to the appeal.
United Breweries' Chief Human Resources Officer, Kavita Singh, is set to depart on April 30, 2026. The company acknowledges her valuable contributions and has announced her resignation on their official website.