United Breweries Plunges 5% On Dismal Q4 Numbers


United Breweries during Thursday’s trading session tanked nearly 5% on an intraday basis as the company posted dismal Q4 numbers. The company's Q4 net profit slipped 87.2% at Rs 6.7 crore versus Rs 52.4 crore, in the same quarter last year. The operating profit (EBITDA) of the company was down 19.7% at Rs 101.1 crore and EBITDA margin was down 130 bps at 9.1%.

The company in its filings to the exchanges added that the board of directors has recommended payment of dividend at 115% or Rs 1.15 per equity share for the financial year ended March 31, 2017.

The stock of the company has delivered 7.8% returns in a period of one year and has underperformed the BSE Midcap and BSE FMCG indices in the same time period. United Breweries Ltd is currently trading at Rs 783.05, down by Rs 30.5 or 3.75% from its previous closing of Rs 813.55 on the BSE.
 
The scrip opened at Rs 773 and has touched a high and low of Rs 805.45 and Rs 773 respectively. So far 488227(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 21510.26 crore.
 
The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 975.5 on 07-Oct-2016 and a 52 week low of Rs 690 on 24-May-2016. Last one week high and low of the scrip stood at Rs 877.5 and Rs 784 respectively.
 
The promoters holding in the company stood at 73.87 % while Institutions and Non-Institutions held 20.47 % and 5.66 % respectively.
 
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