United Spirits Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 11 per equity share.
UNITDSPR · price
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On the reaction day the stock moved 3.9 pts more than Nifty 100 and 4.7 pts more than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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United Spirits Limited's Board approved audited FY2026 results showing standalone profit of Rs. 1,830 Crores, up 17.5% from Rs. 1,558 Crores in FY2025. Revenue from operations grew to Rs. 27,781 Crores from Rs. 26,780 Crores. EPS stood at Rs. 25.16 versus Rs. 21.42 last year. The Board recommended a Final Dividend of Rs. 11 per equity share (face value Rs. 2), a sharp increase from Rs. 3.50 per share in the prior year. Record date is July 8, 2026, and payment will be made on or after August 13, 2026 subject to shareholder approval at the AGM on August 4, 2026. The company also disclosed historical regulatory matters including past fund diversion investigations and ongoing legal proceedings with former management.
The 214% dividend jump signals management's confidence in sustained cash generation and is positive for income-focused investors. The strong 17.5% profit growth supports the increased payout, though the stock may already reflect the robust annual results.