United Breweries (NSE:UBL) EBITDA Margin %: 9.84% (As of Mar. 2026) — 16% Below Median


NSE:UBL United Breweries Ltd NSE:UBL
74 GF Score
Price ₹1,328.80
GF Value ₹2,162.20
Valuation Significantly Undervalued
! 4 Warning Signs
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What is United Breweries EBITDA Margin %?

United Breweries NSE:UBL -0.58% 74 EBITDA Margin % is 9.84% as of Mar. 2026, which is 16% below its 10-year median of 11.70. GuruFocus rates NSE:UBL with a GF Score™ of 74/100 and a GF Value™ of ₹2,162.20 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 211 Beverages - Alcoholic companies, United Breweries ranks worse than 57.82% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. United Breweries's EBITDA for the three months ended in Mar. 2026 was ₹2,214 Mil. United Breweries's Revenue for the three months ended in Mar. 2026 was ₹22,501 Mil. Therefore, United Breweries's EBITDA margin for the quarter that ended in Mar. 2026 was 9.84%.


United Breweries  (NSE:UBL) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


United Breweries EBITDA Margin % Related Terms


United Breweries EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for United Breweries's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

United Breweries EBITDA Margin % Chart

United Breweries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.96 8.63 9.77 9.55 9.81

United Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.38 11.24 7.04 10.52 9.84

NSE:UBL vs STZ, TAP: EBITDA Margin % Comparison

For the Beverages - Brewers subindustry, United Breweries's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Breweries EBITDA Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where United Breweries's EBITDA Margin % falls into.


NSE:UBL
74GF Score
United Breweries Ltd NSE:UBL
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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United Breweries EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

United Breweries's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=9060/92399.4
=9.81 %

United Breweries's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2213.7/22500.7
=9.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 9.84% mean?
United Breweries (NSE:UBL) has a EBITDA Margin % of 9.84% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on United Breweries and its competitors. This is 16% below median its historical median of 11.70. Over the past decade, United Breweries' EBITDA Margin % has ranged from 8.63 to 18.82. According to the industry distribution chart, United Breweries ranks #122 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 57.8%.
Is United Breweries' EBITDA Margin % too high?
United Breweries' current EBITDA Margin % of 9.84% is 16% below median its 10-year median of 11.70. Over the past 10 years, this metric has ranged from a low of 8.63 to a high of 18.82. The Beverages - Alcoholic industry median EBITDA Margin % is 11.04. United Breweries' value of 9.84% is 10.9% below this industry median. Based on the distribution chart, United Breweries ranks #122 out of 211 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, United Breweries has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Breweries' EBITDA Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, United Breweries ranks #122 out of 211 companies for EBITDA Margin %. This places United Breweries in the lower half of its industry. The industry median EBITDA Margin % is 11.04. United Breweries' value of 9.84% is 10.9% below this benchmark. Historically, United Breweries' own EBITDA Margin % has ranged from 8.63 to 18.82 over the past decade. While the company's 10-year median is 11.70 vs. the industry median of 11.04, United Breweries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Beverages - Alcoholic company?
The median EBITDA Margin % among Beverages - Alcoholic companies is 11.04, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Breweries's current EBITDA Margin % of 9.84% is 10.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on United Breweries and its competitors. For the Beverages - Alcoholic industry, the median EBITDA Margin % is 11.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Breweries's current EBITDA Margin % is 9.84%, which is 16% below median its own 10-year median of 11.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Breweries stock overvalued right now?
Based on GuruFocus' analysis, United Breweries (NSE:UBL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,162.20, compared to a current price of ₹1,328.80 — trading 38.5% below its estimated fair value. The current EBITDA Margin % is 9.84%, which is 16% below median its 10-year median of 11.70 and 10.9% below the Beverages - Alcoholic industry median of 11.04. United Breweries' overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For United Breweries (NSE:UBL), the current EBITDA Margin % is 9.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is United Breweries (NSE:UBL) Overvalued in 2026?

Based on GuruFocus' analysis, United Breweries stock appears to be undervalued. The current stock price of ₹1,328.80 is trading 38.5% below its estimated GF Value™ of ₹2,162.20. GuruFocus considers United Breweries to be Significantly Undervalued.

Key valuation signals for NSE:UBL:

  • EBITDA Margin %: 9.84% (16% below median its 10-year median of 11.70)
  • GF Value™: ₹2,162.20 vs. price of ₹1,328.80 (38.5% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 10.9% below the Beverages - Alcoholic median (#122 of 211)

No single metric tells the full story. See the NSE:UBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Breweries Business Description

Other Exchanges 532478:India
Address No. 24, Vittal Mallya Road, UB Tower, UB City, Bengaluru, KA, IND, 560001
United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaro, London Pilsner, and Heineken among others. Geographically, it derives key revenue from its business in India and the rest from other regions.
74GF Score

Get the complete analysis for NSE:UBL

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,328.80
Price
₹2,162.20
GF Value