United Breweries Q1 FY27: Volume-led growth, steadier cash flow, and a clear push toward premium

Standalone net sales were Rs 3,065 crore, EBITDA was Rs 333 crore, and profit after tax was Rs 166 crore for Q1 FY27.

The presentation reports sell-in volume growth of 9% and sell-out growth of 13% in Q1 FY27, with premium volumes up 7%.

Gross margin was 41.0%, down 155 bps YoY. EBITDA margin was 10.9%, down 35 bps YoY, based on the standalone table.

The company highlighted category growth revival, advocacy for equitable tax on beer, productivity and cost efficiencies including network redesign, and brands and innovation including scaling Kingfisher Smooth and accelerating Heineken Silver.

The executive summary states free operating cash flow improved 38% to Rs 548 crore.

In the July 09, 2026 disclosure, the company stated the Board recommended a dividend of Rs 10 per equity share (face value Rs 1) for FY 2025-26, subject to shareholder approval, with record date August 07, 2026 and payment on or before September 10, 2026.