United Breweries Ltd for Long-Term investment?

Starting date 01Jul2008
First low 01jan2009 @63.05 and it is low to All-Time.
All-Time High 03Jun2024 2,182.45
United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages.
The Co markets its products under the flagship brands Kingfisher and Heineken. Some of the most popular brands in its portfolio include Kingfisher Premium, Kingfisher Ultra, Kingfisher Strong, Kingfisher Ultra Max, UB Export Lager, London Pilsner etc.
The Co has a market share of 54% in the Indian beer market as of March 2022. In FY21, the Co unlocked the African continent by foraying into seven countries: Kenya, South Sudan, Ethiopia, Tanzania, Uganda, Democratic Republic of Congo and Seychelles. With this expansion, the Co now has a strong presence in more than 50 countries, and will continue to expand into similar such potential markets in the future.
In FY21, The Co leveraged its long-standing association with ‘Sunburn’, Asia’s biggest electronic dance music festival as a platform to promote home consumption. Kingfisher sponsored ‘Sunburnhome’ which was streamed live on Facebook and Instagram, reaching 50 Million people. The Co also got associated with IPL cricket teams via two of its best-known campaigns, the iconic ‘Divided by Teams, United by Kingfisher’ campaign and the more recently launched ‘Kya Plan Hai’ campaign.
Kingfisher Storm has extended its footprint by entering the Northern markets of Delhi & Rajasthan. Amstel International, slow brewed Beer also continued its footprint expansion in Haryana, Telangana & Maharashtra which were added to the list of Amstel markets post the gradual unlocking in FY21.
Domestic- 99%
Export- 1%
The Co’s top 2 customers accounted for 33% of its total revenue in FY22.
Market Cap 54,601Cr INR, Stock P/E 133, Current 2,065INR, ROCE 13.5 %, ROE 10.1%, Debt to equity 0.02 Company is almost debt free.
Company has been maintaining a healthy dividend payout of 68.6%
, Promoter holding 70.8%, Return over 3yr 13.9%, Return over 5yr 8.55%, ROE 3yr 9.35%, ROCE 3yr 12.7%, Industry PE 31.8, Net Profit 411Cr INR
I think this company is good for long-term investment.
I WELCOME YOUR THOUGHTS. BE SURE TO SHARE YOUR THOUGHTS ON THIS.
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