United Spirits (NSE:UNITDSPR) Interest Coverage: 7.49 (As of Mar. 2026) — 12% Below Median


NSE:UNITDSPR United Spirits Ltd NSE:UNITDSPR
92 GF Score
Price ₹1,439.40
GF Value ₹1,401.08
Valuation Fairly Valued
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What is United Spirits Interest Coverage?

United Spirits NSE:UNITDSPR +0.85% 92 Interest Coverage is 7.49 as of Mar. 2026, which is 12% below its 10-year median of 8.48. GuruFocus rates NSE:UNITDSPR with a GF Score™ of 92/100 and a GF Value™ of ₹1,401.08 (Fairly Valued). Among 158 Beverages - Alcoholic companies, United Spirits ranks better than 58.23% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. United Spirits's Operating Income for the three months ended in Mar. 2026 was ₹5,170 Mil. United Spirits's Interest Expense for the three months ended in Mar. 2026 was ₹-690 Mil. United Spirits's interest coverage for the quarter that ended in Mar. 2026 was 7.49. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for United Spirits's Interest Coverage or its related term are showing as below:

NSE:UNITDSPR' s Interest Coverage Range Over the Past 10 Years
Min: 2.1   Med: 8.48   Max: 22.72
Current: 13.92


NSE:UNITDSPR's Interest Coverage is ranked better than
58.23% of 158 companies
in the Beverages - Alcoholic industry
Industry Median: 8.56 vs NSE:UNITDSPR: 13.92

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


United Spirits  (NSE:UNITDSPR) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


United Spirits Interest Coverage Related Terms


United Spirits Interest Coverage Historical Data

* Premium members only.

The historical data trend for United Spirits's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

United Spirits Interest Coverage Chart

United Spirits Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.82 10.91 22.72 20.07 12.64

United Spirits Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 20.00 11.59 28.33 27.32 7.49

NSE:UNITDSPR vs BF.B: Interest Coverage Comparison

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

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

* The bar in red indicates where United Spirits's Interest Coverage falls into.


NSE:UNITDSPR
92GF Score
United Spirits Ltd NSE:UNITDSPR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Spirits Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Mar. 2026, United Spirits's Interest Expense was ₹-1,580 Mil. Its Operating Income was ₹19,970 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,080 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*19970/-1580
=12.64

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

Here, for the three months ended in Mar. 2026, United Spirits's Interest Expense was ₹-690 Mil. Its Operating Income was ₹5,170 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,080 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5170/-690
=7.49

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 7.49 mean?
United Spirits (NSE:UNITDSPR) has a Interest Coverage of 7.49 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on United Spirits and its competitors. This is 12% below median its historical median of 8.48. Over the past decade, United Spirits' Interest Coverage has ranged from 2.10 to 22.72. According to the industry distribution chart, United Spirits ranks #66 out of 158 companies in the Beverages - Alcoholic industry, placing it in the top 41.8%.
Is United Spirits' Interest Coverage too high?
United Spirits' current Interest Coverage of 7.49 is 12% below median its 10-year median of 8.48. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 22.72. The Beverages - Alcoholic industry median Interest Coverage is 8.56. United Spirits' value of 7.49 is 12.5% below this industry median. Based on the distribution chart, United Spirits ranks #66 out of 158 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, United Spirits has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Spirits' Interest Coverage compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, United Spirits ranks #66 out of 158 companies for Interest Coverage. This puts United Spirits in the upper half of its industry. The industry median Interest Coverage is 8.56. United Spirits' value of 7.49 is 12.5% below this benchmark. Historically, United Spirits' own Interest Coverage has ranged from 2.10 to 22.72 over the past decade. While the company's 10-year median is 8.48 vs. the industry median of 8.56, United Spirits 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 Interest Coverage for a Beverages - Alcoholic company?
The median Interest Coverage among Beverages - Alcoholic companies is 8.56, based on 158 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Spirits's current Interest Coverage of 7.49 is 12.5% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on United Spirits and its competitors. For the Beverages - Alcoholic industry, the median Interest Coverage is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Spirits's current Interest Coverage is 7.49, which is 12% below median its own 10-year median of 8.48. 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 ₹1,401.08, compared to a current price of ₹1,439.40 — trading 2.7% above its estimated fair value. The current Interest Coverage is 7.49, which is 12% below median its 10-year median of 8.48 and 12.5% below the Beverages - Alcoholic industry median of 8.56. United Spirits' overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For United Spirits (NSE:UNITDSPR), the current Interest Coverage is 7.49 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 Spirits (NSE:UNITDSPR) Overvalued in 2026?

Based on GuruFocus' analysis, United Spirits stock appears to be overvalued. The current stock price of ₹1,439.40 is trading 2.7% above its estimated GF Value™ of ₹1,401.08. GuruFocus considers United Spirits to be Fairly Valued.

Key valuation signals for NSE:UNITDSPR:

  • Interest Coverage: 7.49 (12% below median its 10-year median of 8.48)
  • GF Value™: ₹1,401.08 vs. price of ₹1,439.40 (2.7% above fair value)
  • GF Score™: 92/100
  • Industry Position: 12.5% below the Beverages - Alcoholic median (#66 of 158)

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.
92GF Score

Get the complete analysis for NSE:UNITDSPR

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

₹1,439.40
Price
₹1,401.08
GF Value