United Spirits (NSE:UNITDSPR) Enterprise Value: ₹980,659 Mil (As of Jul. 12, 2026) ***


NSE:UNITDSPR United Spirits Ltd NSE:UNITDSPR
91 GF Score
Price ₹1,385.70
GF Value ₹1,403.06
Valuation Fairly Valued
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What is United Spirits Enterprise Value?

United Spirits NSE:UNITDSPR +0.33% 91 Enterprise Value is ₹980,659 Mil as of Jul. 12, 2026. GuruFocus rates NSE:UNITDSPR with a GF Score™ of 91/100 and a GF Value™ of ₹1,403.06 (Fairly Valued).

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, United Spirits's Enterprise Value is ₹980,659 Mil. United Spirits's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹25,970 Mil. Therefore, United Spirits's EV-to-EBIT ratio for today is 37.76.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, United Spirits's Enterprise Value is ₹980,659 Mil. United Spirits's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹28,940 Mil. Therefore, United Spirits's EV-to-EBITDA ratio for today is 33.89.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, United Spirits's Enterprise Value is ₹980,659 Mil. United Spirits's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹129,420 Mil. Therefore, United Spirits's EV-to-Revenue ratio for today is 7.58.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, United Spirits's Enterprise Value is ₹980,659 Mil. United Spirits's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, United Spirits's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, United Spirits's Enterprise Value is ₹980,659 Mil. United Spirits's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, United Spirits's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


United Spirits  (NSE:UNITDSPR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

United Spirits's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=980659.223/25970
=37.76

United Spirits's current Enterprise Value is ₹980,659 Mil.
United Spirits's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹25,970 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

United Spirits's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=980659.223/28940
=33.89

United Spirits's current Enterprise Value is ₹980,659 Mil.
United Spirits's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹28,940 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

United Spirits's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=980659.223/129420
=7.58

United Spirits's current Enterprise Value is ₹980,659 Mil.
United Spirits's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹129,420 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

United Spirits's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=980659.223/0
=

United Spirits's current Enterprise Value is ₹980,659 Mil.
United Spirits's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

United Spirits's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=980659.223/0
=

United Spirits's current Enterprise Value is ₹980,659 Mil.
United Spirits's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 Spirits Enterprise Value Related Terms


United Spirits Enterprise Value Historical Data

* Premium members only.

The historical data trend for United Spirits's Enterprise Value 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 Spirits Enterprise Value Chart

United Spirits Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 632,643.85 527,504.60 789,419.88 974,170.07 858,755.40

United Spirits Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 974,170.07 1,038,729.96 939,770.93 1,050,076.64 858,755.40

NSE:UNITDSPR vs BF.B: Enterprise Value Comparison

For the Beverages - Wineries & Distilleries subindustry, United Spirits's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Spirits Enterprise Value vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Spirits's Enterprise Value distribution charts can be found below:

* The bar in red indicates where United Spirits's Enterprise Value falls into.


NSE:UNITDSPR
91GF Score
United Spirits Ltd NSE:UNITDSPR
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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United Spirits Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

United Spirits's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

United Spirits's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ₹980,659 Mil mean?
United Spirits (NSE:UNITDSPR) has a Enterprise Value of ₹980,659 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on United Spirits and its competitors.
Is United Spirits' Enterprise Value too high?
United Spirits' current Enterprise Value is ₹980,659 Mil. Overall, United Spirits has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Spirits' Enterprise Value compare to BF.B?
United Spirits' Enterprise Value of ₹980,659 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Beverages - Alcoholic company?
A good Enterprise Value depends on the Beverages - Alcoholic industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on United Spirits and its competitors. United Spirits's current Enterprise Value is ₹980,659 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Spirits stock overvalued right now?
Based on GuruFocus' analysis, United Spirits (NSE:UNITDSPR) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,403.06, compared to a current price of ₹1,385.70 — trading 1.2% below its estimated fair value. The current Enterprise Value is ₹980,659 Mil. United Spirits' overall GF Score™ is 91/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For United Spirits (NSE:UNITDSPR), the current Enterprise Value is ₹980,659 Mil as of Jul. 12, 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 Spirits (NSE:UNITDSPR) Overvalued in 2026?

Based on GuruFocus' analysis, United Spirits stock appears to be undervalued. The current stock price of ₹1,385.70 is trading 1.2% below its estimated GF Value™ of ₹1,403.06. GuruFocus considers United Spirits to be Fairly Valued.

Key valuation signals for NSE:UNITDSPR:

  • Enterprise Value: ₹980,659 Mil
  • GF Value™: ₹1,403.06 vs. price of ₹1,385.70 (1.2% below fair value)
  • GF Score™: 91/100

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


United Spirits Business Description

Other Exchanges 532432:India
Address No. 24, Vittal Mallya Road, UB Tower, Bengaluru, KA, IND, 560001
United Spirits Ltd manufactures and sells spirits, beer, wine, and other alcoholic beverages. The company is engaged in the business of manufacture, purchase, and sale of beverage alcohol and other allied spirits, including through tie-up manufacturing units and strategic franchising of some of its brands. Its brand portfolio consists of McDowell's No.1, Royal Challenge, Black Dog, Signature, Antiquity, Director's Special Black, McDowell's Rum, McDowell's Brandy, Bagpiper, Old Tavern, and Haywards among others. Geographically, the firm generates a majority of its revenue from India. The company's segment includes: Beverage alcohol; and Sports. It derives maximum revenue from Beverage alcohol that manufacture, purchase, franchise and sale of beverage alcohol and other allied spirits.
91GF Score

Get the complete analysis for NSE:UNITDSPR

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

₹1,385.70
Price
₹1,403.06
GF Value