United Spirits anticipates 10-15% volume growth in Karnataka.
This growth aims to offset price cuts in the P&A segment.
Livesquawk •
United Spirits targets 5%-6% volume growth, 6%-7% price mix growth for FY27.
Marketing reinvestment rate projected at 10.5%-11% for FY27, per concall update.
Livesquawk •
United Spirits expects UK trade deal benefits by October.
Bio portfolio prices may drop 7%-9% post trade benefits.
Livesquawk •
United Spirits forecasts stronger H2FY due to reduced Maharashtra impact, favorable Karnataka policies.
Plans to launch new McDowell's bundle in 85% key markets before festive season; updates expected October.
CLSA maintains Hold on United Spirits with target ₹1,285 due to higher advertising weighing on EBITDA.
Despite in-line sales growth and expanding gross margins, EBITDA remains impacted.