United Breweries (NSE:UBL) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


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 Research & Development?

United Breweries NSE:UBL -0.58% 74 Research & Development is ₹0 Mil as of Mar. 2026. 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.

Research & Development is the aggregate amount of research and development expenses during the year. United Breweries's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

United Breweries  (NSE:UBL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

United Breweries Research & Development Related Terms

United Breweries Research & Development Historical Data

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The historical data trend for United Breweries's Research & Development 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 Research & Development Chart

United Breweries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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United Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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NSE:UBL
74GF Score
United Breweries Ltd NSE:UBL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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United Breweries Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹0 Mil mean?
United Breweries (NSE:UBL) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on United Breweries and its competitors.
Is United Breweries' Research & Development too high?
United Breweries' current Research & Development is ₹0 Mil. 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' Research & Development compare to STZ and TAP?
United Breweries' Research & Development of ₹0 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 Research & Development for a Beverages - Alcoholic company?
A good Research & Development depends on the Beverages - Alcoholic industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on United Breweries and its competitors. United Breweries's current Research & Development is ₹0 Mil. 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 Research & Development is ₹0 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For United Breweries (NSE:UBL), the current Research & Development is ₹0 Mil 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:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹2,162.20 vs. price of ₹1,328.80 (38.5% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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

Research & Development 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