Northern Spirits Ltd vs United Spirits Ltd Stock Comparison

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Last Updated on: May 05, 2026

Key Highlights

The Latest Trading Price of Northern Spirits Ltd is ₹ 133 as of 05 May 15:30 . The P/E Ratio of Northern Spirits Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe P/E Ratio of United Spirits Ltd changed from 105.4 on March 2021 to 64.2 on March 2025 . This represents a CAGR of -9.44% over 5 years The Market Cap of Northern Spirits Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Market Cap of United Spirits Ltd changed from ₹ 40430 crore on March 2021 to ₹ 101952 crore on March 2025 . This represents a CAGR of 20.32% over 5 years The revenue of Northern Spirits Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of United Spirits Ltd for the Dec '25 is ₹ 3745 crore as compare to the Sep '25 revenue of ₹ 3254 crore. This represent the growth of 15.09% The ebitda of Northern Spirits Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The ebitda of United Spirits Ltd for the Dec '25 is ₹ 640 crore as compare to the Sep '25 ebitda of ₹ 710 crore. This represent the decline of -9.86% The net profit of Northern Spirits Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The net profit of United Spirits Ltd changed from ₹ 485 crore to ₹ 418 crore over 7 quarters. This represents a CAGR of -8.14% The Dividend Payout of Northern Spirits Ltd changed from 2.42 % on March 2024 to 2.1 % on March 2025 . This represents a CAGR of -6.85% over 2 yearsThe Dividend Payout of United Spirits Ltd changed from 49.73 % on March 2024 to 55.84 % on March 2025 . This represents a CAGR of 5.97% over 2 years .

About Northern Spirits Ltd

Northern Spirits Limited was originally incorporated as a Private Limited Company with the name Northern Spirits Private Limited at Kolkata on September 13, 2012.
Subsequently, the Company converted into a Public Limited Company and the name of the Company was changed to Northern Spirits Limited on May 03, 2018.
The Company is primarily engaged in the business of trading and distributing of imported wines, liquors and beverages on PAN India Basis. NSL embarked on its journey in the year 2012 to make a mark in the liquor business.
The Company has been in operation since 2012 as the 'Importer & Distributor of fine Alcoholic Beverages' and is focused in imports of leading international brands such as William Grants (Glenfiddich Single Malt, Grants Whisky, Monkey Shoulder Whisky, Balvenie Single Malt, Hendricks Gin), Bacardi Global (Grey Goose Vodka, Bombay Sapphire Gin, Dewar's Whisky, Martini Vermouth), Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila & Organika Russian Vodka and are distributing the same in Northern Region - Delhi, North East, West Bengal and as a strategic move decided to integrate the business for better corporate governance and Compliance.

About United Spirits Ltd

United Spirits Overview United Spirits Limited was initially incorporated in 1999 as 'McDowell Sprits Limited'. On April 1, 2000, the company's name was changed from McDowell Sprits Limited to McDowell & Company Limited, and thereafter, the name was again changed from McDowell & Company Limited to United Spirits Limited on October 17, 2006.
United Spirits Limited is the largest alco beverage company in India and is also among the largest consumer goods companies. The company is involved in the manufacture, sale and distribution of beverage alcohol. It has a comprehensive brand portfolio with over about 80 brands of Scotch whisky, IMFL whisky, brandy, rum, vodka and gin. 8 of these brands sell more than a million cases annually.
The company produces and sells around 72 million cases. McDowell's No.1, Royal Challenge, Royal Challenge American Pride, Signature, Antiquity, Black Dog, Director's Special Black, McDowell's Rum & McDowell's Brandy are some of the marquee brands owned by your company. United Spirits Dividend Payout Ratio The United Spirits dividend history indicates the proportion of the company’s net profits earned through business operations.
They are usually paid out to the shareholders, and the remaining profits are retained and used to boost the growth of the business, such as capacity addition and expansion ventures. About United Spirits, the company has managed to maintain an appropriate level of payout, which is a case of high discipline, good profitability and balance sheet strength.
It helps understand how the company maintains a balance between its premiumisation strategy and its commitment to rewarding shareholders. United Spirits Dividend Growth and Sustainability United Spirits dividend yield growth and sustainability are dependent upon the earnings performance, cash flow situations, and overall business scenarios. Earnings-Driven Payouts: The United Spirits dividend history reflects the trend of profits rather than the fluctuations in the market. Strong Operating Cash Flows: Significant margins from the Prestige & Above segment and efficient supply chain management enable regular payment of dividends. Business Transformation: Dividends are supported by the company's shift towards high-margin brands and its strategic focus on long-term profitable growth. Low Leverage: A strong credit position and a well-capitalised balance sheet give the company flexibility to continue dividends even while investing in brand building and acquisitions. How to Use Dividend Data for Investment Analysis? Dividend metrics must be viewed alongside earnings trends, valuation ratios, and industry outlook before making any decisions. Check the United Spirits Dividend History: Emphasise the consistency over the longer period instead of the one-off payment. Track Dividend Yield Trends: United Spirits’s dividend yield should be evaluated in relation to the company’s share price changes and its sector peers. Compare Dividends and Earnings: Generally, sustainable dividends are backed by sustained or increasing earnings, especially in the consumer defensive sector. Use Valuation Ratios: Metrics such as P/E, P/B, and ROE should be used for additional information. Measure the Outlook: Investors should look at how the company is moving toward premium brands and monitor any changes in state liquor taxes or government policies This approach helps investors evaluate United Spirits share dividend history and income reliability. .

FAQs for the comparison of Northern Spirits Ltd and United Spirits Ltd

Which company has a larger market capitalization, Northern Spirits Ltd or United Spirits Ltd?

Market cap of Northern Spirits Ltd is 213 Cr while Market cap of United Spirits Ltd is 96,173 Cr

What are the key factors driving the stock performance of Northern Spirits Ltd and United Spirits Ltd?

The stock performance of Northern Spirits Ltd and United Spirits Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Northern Spirits Ltd and United Spirits Ltd?

As of May 5, 2026, the Northern Spirits Ltd stock price is INR ₹132.9. On the other hand, United Spirits Ltd stock price is INR ₹1322.25.

How do dividend payouts of Northern Spirits Ltd and United Spirits Ltd compare?

To compare the dividend payouts of Northern Spirits Ltd and United Spirits Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.