United Breweries (NSE:UBL) Total Operating Expense: ₹35,369 Mil (TTM As of Mar. 2026)

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NSE:UBL United Breweries Ltd NSE:UBL
78 GF Score
Price ₹1,357.30
GF Value ₹2,167.62
Valuation Significantly Undervalued
! 4 Warning Signs
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What is United Breweries Total Operating Expense?

United Breweries NSE:UBL +0.64% 78 Total Operating Expense is ₹35,369 Mil as of Mar. 2026. GuruFocus rates NSE:UBL with a GF Score™ of 78/100 and a GF Value™ of ₹2,167.62 (Significantly Undervalued). The stock has 4 warning signs investors should review.

United Breweries's Total Operating Expense for the three months ended in Mar. 2026 was ₹9,612 Mil. United Breweries's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹35,369 Mil.

United Breweries Total Operating Expense Related Terms

United Breweries Total Operating Expense Historical Data

* Premium members only.

The historical data trend for United Breweries's Total Operating Expense 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 Total Operating Expense Chart

United Breweries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,812.60 24,957.00 25,569.70 32,387.50 35,368.50

United Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 8,513.10 9,734.60 8,157.30 7,864.80 9,611.80
NSE:UBL
78GF Score
United Breweries Ltd NSE:UBL
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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United Breweries Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 ₹35,369 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.

What does a Total Operating Expense of ₹35,369 Mil mean?
United Breweries (NSE:UBL) has a Total Operating Expense of ₹35,369 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on United Breweries and its competitors.
Is United Breweries' Total Operating Expense too high?
United Breweries' current Total Operating Expense is ₹35,369 Mil. Overall, United Breweries has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Breweries' Total Operating Expense compare to BUD and STZ?
United Breweries' Total Operating Expense of ₹35,369 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 Total Operating Expense for a Beverages - Alcoholic company?
A good Total Operating Expense depends on the Beverages - Alcoholic industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on United Breweries and its competitors. United Breweries's current Total Operating Expense is ₹35,369 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 ₹2,167.62, compared to a current price of ₹1,357.30 — trading 37.4% below its estimated fair value. The current Total Operating Expense is ₹35,369 Mil. United Breweries' overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For United Breweries (NSE:UBL), the current Total Operating Expense is ₹35,369 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 ₹1,357.30 is trading 37.4% below its estimated GF Value™ of ₹2,167.62. GuruFocus considers United Breweries to be Significantly Undervalued.

Key valuation signals for NSE:UBL:

  • Total Operating Expense: ₹35,369 Mil
  • GF Value™: ₹2,167.62 vs. price of ₹1,357.30 (37.4% below fair value)
  • GF Score™: 78/100 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.
78GF Score

Get the complete analysis for NSE:UBL

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

₹1,357.30
Price
₹2,167.62
GF Value