UBL
United Breweries Limited
Each stock's 10,000-path forecast, rendered as light.
United Breweries Limited (UBL) Stock Analysis & Case Study
Is UBL a good buy? The data-driven verdict.
United Breweries Limited (UBL) trades at ₹1,400,on the numbers it tread carefully, a Downstox Snapshot Score of 44/100.
On the numbers, United Breweries Limited (UBL) tread carefully, a Downstox Snapshot Score of 44/100, weighing expensive at 107.0× earnings, ROE of 7.7%, a 63% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
UBL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How UBL ranks against the 2,373 companies in our screener
- UBL's market cap of 37,025 Cr ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- UBL's book value of ₹171 ranks in the 68th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- UBL's promoter holding of 70.8% ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- UBL's 3-year profit (PAT) growth of 2.0% ranks in the 31st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- UBL's 3-year revenue growth of 7.0% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- UBL's debt-to-equity ratio of 0.29x is lower than 52% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is UBL overvalued? UBL P/E vs peers
UBL trades at 107.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
UBL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of UBL history (6%/yr drift, 23%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| UBL 2027 | ₹1,126 | ₹1,514 | ₹2,035 | +8% |
| UBL 2028 | ₹1,089 | ₹1,637 | ₹2,462 | +17% |
| UBL 2029 | ₹1,062 | ₹1,770 | ₹2,951 | +26% |
| UBL 2030 | ₹1,066 | ₹1,914 | ₹3,437 | +37% |
| UBL 2031 | ₹1,081 | ₹2,069 | ₹3,963 | +48% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability UBL goes up, or doubles?
The bull case for UBL
- A 10,000-path probability model puts a 63% chance the price is higher in a year, with a median target of ₹1,514 (+8%).
- Relatively low volatility (23%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,951.
The bear case & risks
- UBL's P/E of 107.0x is lower than 10% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 8.2× price-to-book means most of the value is intangible/expectations, not assets on the books.
- UBL's return on equity of 7.7% ranks in the 39th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,062.
UBL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years UBL compounded at 6%/year with annualized volatility of 23%. That volatility implies a 1-year 80% range of ₹1,126-₹2,035, the honest backbone behind any single price target.
UBL price forecast, the full 60-month probability fan
UBL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds UBL hits common targets within the simulated horizon?
Full multi-horizon detail on the UBL price target & forecast page.
UBL Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. UBL scores 6/8, mixed financial health.
UBL MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy UBL with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| UpstoxCHEAPEST | 26.50% | 3.8× |
| ZerodhaCHEAPEST | 26.50% | 3.8× |
| Groww | 26.54% | 3.8× |
| DhanCHEAPEST | 26.50% | 3.8× |
| Kotak Neo | 30.03% | 3.3× |
| Paytm Money | 27.02% | 3.7× |
| PocketfulCHEAPEST | 26.50% | 3.8× |
| Fyers | 27.03% | 3.7× |
| Anand RathiCHEAPEST | 26.50% | 3.8× |
| Bajaj Broking | 28.00% | 3.6× |
| Share India | 26.53% | 3.8× |
Compare every broker on the UBL MTF page.
Which ace investors hold UBL?
Held by 1 tracked superstar investor (from public NSE/BSE disclosures):
About United Breweries Limited: sector, index & market-cap context
United Breweries Limited (UBL) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹37,025 Cr. See more stocks on our screener.
How the UBL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of United Breweries Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
UBL analysis, FAQs
Is United Breweries Limited (UBL) a good buy?
On the numbers, United Breweries Limited (UBL) tread carefully, a Downstox Snapshot Score of 44/100, weighing expensive at 107.0× earnings, ROE of 7.7%, a 63% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is UBL overvalued or undervalued?
UBL trades at 107.0× earnings, expensive versus the ~22× long-run Nifty average.
What is the UBL share price target for 2031?
UBL's probability-weighted 2031 median target is ₹2,069, with an 80% range of ₹1,081-₹3,963 (10,000-path Monte-Carlo).
What is the probability UBL doubles in 5 years?
The modelled probability of UBL reaching ₹2,801 (2×) within 5 years is 27%.
What is the bull case for UBL?
A 10,000-path probability model puts a 63% chance the price is higher in a year, with a median target of ₹1,514 (+8%). Relatively low volatility (23%/yr), a steadier ride than the typical mid/small-cap.
What are the risks in UBL?
UBL's P/E of 107.0x is lower than 10% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 8.2× price-to-book means most of the value is intangible/expectations, not assets on the books. UBL's return on equity of 7.7% ranks in the 39th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.