United Spirits vs Radico Khaitan: share price, P/E, ROE and financials compared
United Spirits
Radico Khaitan
United Spirits and Radico Khaitan at a glance
United Spirits and Radico Khaitan are both listed in Fast Moving Consumer Goods. United Spirits is the larger by market cap, at ₹1.0L Cr against ₹60,499 Cr for Radico Khaitan (1.7 times as large). On valuation, United Spirits has the lower P/E (59.8× against 75.9×) and the lower price-to-book (11.11× against 16.49×). On returns and margins, United Spirits has the higher ROCE (25.5% against 24.0%), while Radico Khaitan has the higher ROE (24.0% against 19.2%) and the higher operating margin (19.4% against 17.8%). Over three years, Radico Khaitan has faster 3-year sales growth (+24.6% against +5.6% a year) and faster 3-year profit growth (+40.0% against +17.4% a year). United Spirits carries less debt for its equity, with a debt-to-equity of 0.05× against 0.11×.
Key metrics, side by side
| Metric | United SpiritsUNITDSPR | Radico KhaitanRADICO |
|---|---|---|
| Price (₹) | 1,418.00 | 4,515.20 |
| Market cap (₹ Cr) | 1,00,686 | 60,499 |
| P/E | 59.8× (the lower figure, shaded) | 75.9× |
| P/B | 11.11× (the lower figure, shaded) | 16.49× |
| Dividend yield, trailing | 1.20% (the higher figure, shaded) | 0.20% |
| ROE | 19.2% | 24.0% (the higher figure, shaded) |
| ROCE | 25.5% (the higher figure, shaded) | 24.0% |
| Operating margin (OPM) | 17.8% | 19.4% (the higher figure, shaded) |
| Net margin (NPM) | 14.7% (the higher figure, shaded) | 12.3% |
| Sales CAGR 3Y | +5.6% | +24.6% (the higher figure, shaded) |
| Profit CAGR 3Y | +17.4% | +40.0% (the higher figure, shaded) |
| Debt to equity | 0.05× (the lower figure, shaded) | 0.11× |
| Interest cover | 15.0× (the higher figure, shaded) | 13.7× |
| Net profit TTM (₹ Cr) | 1,848 | 796 |
| 1Y return | −3.9% | +41.4% (the higher figure, shaded) |
| Promoter holding | – | 40.17% |
United Spirits vs Radico Khaitan: common questions
Which is bigger, United Spirits or Radico Khaitan?
By market cap, United Spirits is bigger at ₹1.0L Cr, against ₹60,499 Cr for Radico Khaitan (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,848 Cr for United Spirits and ₹796 Cr for Radico Khaitan.
Which has a lower P/E ratio, United Spirits or Radico Khaitan?
United Spirits trades at a P/E of 59.8× and Radico Khaitan at 75.9×. United Spirits has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, United Spirits or Radico Khaitan?
United Spirits reports a return on equity of 19.2% and Radico Khaitan 24.0%. Radico Khaitan has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, United Spirits or Radico Khaitan?
Over the last three years: Sales grew +5.6% a year at United Spirits and +24.6% at Radico Khaitan, so Radico Khaitan grew sales faster; profit grew +17.4% a year at United Spirits and +40.0% at Radico Khaitan, so Radico Khaitan grew profit faster. Past growth doesn’t predict future growth.