United Spirits Ltd (BOM:532432)
₹ 1567.15 2.8 (0.18%) Market Cap: 1.14 Til Enterprise Value: 1.12 Til PE Ratio: 78.47 PB Ratio: 14.94 GF Score: 89/100
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Q4 2019 United Spirits Ltd Earnings Call Transcript

May 30, 2019 / 06:30AM GMT
Release Date Price: ₹540.15 (+0.90%)
Operator

Ladies and gentlemen, good day and welcome to the United Spirits Limited Q4 and Full Year 2019 Results Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Anand Kripalu, Managing Director and Chief Executive Officer; and Mr. Sanjeev Churiwala, ED and Chief Financial Officer from United Spirits Limited.

Thank you and over to you, sir.

Anand Kripalu
United Spirits Limited - MD, CEO & Additional Director

Thank you very much. Hi, everyone, and a very warm welcome to this call where we will discuss FY '19 Q4 and the full year results. I'm joined by Sanjeev, and I'm Anand Kripalu.

Before we open up the lines for questions, I just wanted to use this opportunity, as we typically do, to provide a perspective of our results that we announced last evening.

As you may have seen in the published results, net sales in the quarter grew a modest 4%, with the Prestige & Above segment growing 8% on the back of a relatively high build of 16% growth in the

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