United Breweries shares see biggest single-day decline in eight months, fall to 52-week low

Shares of United Breweries fell 3.1% on Tuesday, September 8, to hit their 52-week low.

This is the stock's biggest single-day gain since since January 20, 2026, when it had declined 3.4%. However, it did fall 3.02% on May 19, 2026 as well.

Shares of United Breweries hit an intraday and 52-week low of ₹1,251.6 apiece on Tuesday. The stock has declined in six out of the last nine trading sessions.

Last week, the management of United Breweries told CNBC-TV18 that it expects premium beer to become a much larger part of its business over the next four years, with the segment potentially set to account for 18% to 20% of sales by FY30, up from around 11% at present.

The company's MD and CEO Vivek Gupta said premium beer is growing 20% to 25% annually and is becoming an important driver of United Breweries' profitability as well.

Premium volumes increased 34% in 2024 and 24% in 2025, while this year's performance is ahead of plan, he said. Brands such as Heineken Silver and Ultra are driving up premiumization. Last month, the alcohol maker also expanded its Heineken Silver brand across Kerala, Odisha and Madhya Pradesh.

Gupta told CNBC-TV18 that United Breweries is targeting double-digit growth but wants to achieve the same as it steadily improves its margins. He said the quality of growth is important as it is a state-by-state business. He added that growth would come from a combination of better price mix, premiumization and higher volumes.

Earlier this month, United Breweries informed the exchanges that it will invest ₹110 crore to commission a new canning line at its Ellora brewery in Maharashtra, as the beer maker looks at expanding its manufacturing capacity and catering to the growing demand for canned beer.

The new line is expected to become operational in September 2026, subject to statutory approvals, it said. This will be the first canning line at the Ellora brewery and will have a capacity to produce 40,000 cans an hour, the company said.

United Breweries reported its first quarter earnings last month. Its standalone net profit of ₹166 crore was above the CNBC-TV18 poll of ₹147 crore but was 9.5% lower than the previous year's ₹184 crore.

Its revenue came in at ₹3,067 crore, below Street estimate of ₹3,116 crore but 7.1% above the previous year's ₹2,862 crore.

The company's earnings before interest, taxes, depreciation and amortization (EBTIDA) came in at ₹283 crore compared to Street estimates of ₹281 crore. However, it was 9.1% lower than the ₹311 crore the company reported in the June quarter last year.

Its margin expanded to 9.2% from Street estimates of 9% but contracted from 10.9% in the year-ago period.

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Shares of United Breweries are now trading 2.6% lower on Tuesday at ₹1,258. The stock has declined 9% so far in the last one month, taking its year-to-date loss to 22%.