Double-digit revenue growth target maintained for FY27
Management reaffirmed ambition for double-digit revenue growth with high single-digit volume growth, balanced by profitability focus and premium mix improvement.
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United Breweries · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
revenue
Premium portfolio to reach 20% of revenue
Company targeting premium segment to grow from current 10-11% to 20% of total revenue, supported by localization and brand strength.
Full-year cost impact revised to 350-400bps
Earlier guidance of 400-500bps impact from Middle East conflict revised downward to 350-400bps, reflecting successful recovery program execution and pricing actions.
Capital Markets Day scheduled for early September
Management announced plans to host a capital markets day in early September to provide deeper insights on industry dynamics, reforms impact, and company positioning.
FY27 Industry Volume Growth Target
Management targets 6-7% industry volume growth trajectory for FY27, assuming normal weather conditions and continued recovery from challenging FY26 affordability headwinds in Karnataka, Telangana, and Rajasthan.
3-6% Gross Cost Savings Program
Productivity and cost effectiveness program targeting 3-6% gross savings on FY25 revenue base, materializing between 2026-2028. Significant portion will be reinvested in brand building, innovation, and category advocacy rather than flowing entirely to P&L.
50% Margin Expansion Structural
Of the 220bps margin expansion achieved, management estimates approximately 50% is structural (from bottle returns, local sourcing, state mix optimization) and should sustain, while remaining portion is more cyclical.