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United Spirits stock: key metrics
UNITDSPR.NSUnited Spirits had an operating margin of 16% and a return on invested capital (ROIC) of 25.8% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 62.3% | 16.5% | 19.1% |
| 2008 | 78.5% | 23.6% | 5.9% |
| 2009 | 65.1% | 14.3% | −7.5% |
| 2010 | 65.1% | 16.1% | −0.4% |
| 2011 | 60.2% | 14.1% | 7.7% |
| 2012 | 53.9% | 10.6% | 2.0% |
| 2013 | 54.5% | 11.1% | no data |
| 2014 | 40.7% | −3.2% | no data |
| 2015 | 45.7% | 3.8% | −18.4% |
| 2016 | 58.5% | 16.8% | 1.7% |
| 2017 | 51.1% | 9.0% | 1.1% |
| 2018 | 59.8% | 12.0% | 7.6% |
| 2019 | 62.0% | 12.7% | 7.5% |
| 2020 | 58.0% | 13.8% | 7.1% |
| 2021 | 43.4% | 9.3% | 4.7% |
| 2022 | 43.9% | 13.5% | 8.6% |
| 2023 | 41.4% | 10.8% | 10.8% |
| 2024 | 45.4% | 15.3% | 12.5% |
| 2025 | 46.0% | 16.3% | 13.2% |
| 2026 | 39.1% | 16.0% | 14.7% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | 41.4% | 17.1% | 15.1% |
| 2008 | 13.1% | 10.8% | 2.7% |
| 2009 | −17.1% | 7.0% | −3.4% |
| 2010 | −0.6% | 5.8% | −0.2% |
| 2011 | 13.6% | 9.0% | 4.4% |
| 2012 | 4.0% | 5.6% | 1.2% |
| 2013 | no data | 7.4% | no data |
| 2014 | no data | −2.3% | no data |
| 2015 | −100.0% | 3.4% | −19.6% |
| 2016 | 8.5% | 11.9% | 1.7% |
| 2017 | 5.6% | 7.8% | 1.1% |
| 2018 | 26.2% | 12.5% | 7.1% |
| 2019 | 22.7% | 14.0% | 7.7% |
| 2020 | 17.7% | 11.5% | 7.4% |
| 2021 | 9.3% | 9.0% | 4.5% |
| 2022 | 16.7% | 19.0% | 9.3% |
| 2023 | 19.0% | 19.5% | 11.6% |
| 2024 | 19.8% | 24.8% | 12.5% |
| 2025 | 19.5% | 25.9% | 11.9% |
| 2026 | 20.5% | 25.8% | 12.7% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 4 Nov 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.