United Breweries Gets 'Reduce' From Dolat Capital Post Weak Q2 Earnings, Trims Target Price

5 days ago 6

ARTICLE AD BOX

Dolat Capital upgrades United Breweries by a notch to ‘Reduce’ from Sell rating due to price correction.

31 Oct 2025, 03:36 PM IST i

31 Oct 2025, 03:36 PM IST

31 Oct 2025, 03:36 PM IST

<div class="paragraphs"><p>United Breweries posted weak Q2 FY26 across parameters.</p><p> (Photo source: Company website)</p></div>

United Breweries posted weak Q2 FY26 across parameters.

(Photo source: Company website)

The brokerage expects United Breweries' revenue/gross profit/Ebitda/adjusted proift after tax CAGR of 10/12/21/25% over FY25-28E, driven by low base and Oplev, following flat earnings for ~eight years. However, volume headwinds, weak and delayed recovery in margins and rich valuations are constraining factors to turn constructive.

To continue reading this story

You must be an existing Premium User

Already a Premium User?

Read Entire Article