62 PE for 0-10% growth is quite expensive. Isn’t it?
Focus needs to be on higher margin at lower topline because they have exited all low margin franchisees and cleaned up the balance sheet. Earnings growth will justify the valuation
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United Spirits Limited Q3 FY’24 Earnings Conference Call January 24, 2024
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Prestige & Above segment clocked a double-digit growth of 10% year-on-year and overall net sales value growth of 7.5% year-on-year
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The renovated bundle of Antiquity Blue is performing well in the launched markets
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The steady strong performance of Signature and Royal Challenge American Pride
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Royal Challenge American Pride continues to be our fastest-growing innovation. We have expanded the brand to 3 new markets: Himachal, Arunachal and Uttaranchal
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In Assam, we have launched McDowell’s No. 1 premium smooth variant, which is at a premium to the core McDowell’s No. 1 Luxury in the state
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