{"id":288260,"date":"2026-10-06T09:42:06","date_gmt":"2026-10-06T04:12:06","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=288260"},"modified":"2026-10-06T09:42:06","modified_gmt":"2026-10-06T04:12:06","slug":"alcoholic-beverage-stocks-strong-roadmap","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/","title":{"rendered":"3 Alcoholic Beverage Stocks With a Strong Future Roadmap: United Spirits, Radico Khaitan and Allied Blenders and Distillers"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>United Spirits Rs 1,369.00, P\/E 52.90. Radico Khaitan Rs 4,289.10, P\/E 81.51. Allied Blenders Rs 696.75, P\/E 92.87. Closing prices of 5 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Alcoholic beverage stocks with the clearest long-term roadmaps today include United Spirits in premium spirits and whisky, Radico Khaitan in premium Indian-made spirits and Allied Blenders and Distillers in whisky brands and capacity expansion. FY26 revenue growth was 4.4% at United Spirits, 24.8% at Radico Khaitan and 11.5% at Allied Blenders. P\/E stands at 52.90 for United Spirits (industry 53.39), 81.51 for Radico Khaitan (industry 53.39) and 92.87 for Allied Blenders (industry 53.39). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Alcoholic beverage stocks give investors exposure to a category where consumers trade up to higher-priced brands as incomes rise. Results depend on premiumisation, raw material costs and state excise policy, which is why mix and pricing matter as much as volume.<\/p>\n<p>This list covers three alcoholic beverage sector stocks: United Spirits for premium spirits and whisky, Radico Khaitan for premium Indian-made spirits and Allied Blenders and Distillers for whisky brands and capacity expansion. Every figure comes from the latest reported financials and the 5 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=alcoholic-beverage-stocks-strong-roadmap\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#What_Are_Alcoholic_Beverage_Stocks\" title=\"What Are Alcoholic Beverage Stocks?\">What Are Alcoholic Beverage Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Alcoholic_Beverage_Stocks_at_a_Glance\" title=\"Alcoholic Beverage Stocks at a Glance\">Alcoholic Beverage Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Why_Do_Alcoholic_Beverage_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Alcoholic Beverage Stocks Have a Strong Roadmap in India?\">Why Do Alcoholic Beverage Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#United_Spirits_Premiumisation_Across_Whisky_and_Spirits_Anchors_the_Roadmap\" title=\"United Spirits: Premiumisation Across Whisky and Spirits Anchors the Roadmap\">United Spirits: Premiumisation Across Whisky and Spirits Anchors the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Radico_Khaitan_Premium_Launches_and_Capacity_Additions_Drive_the_Pipeline\" title=\"Radico Khaitan: Premium Launches and Capacity Additions Drive the Pipeline\">Radico Khaitan: Premium Launches and Capacity Additions Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Allied_Blenders_and_Distillers_Brand_Upgrades_and_Capacity_Build_the_Next_Leg\" title=\"Allied Blenders and Distillers: Brand Upgrades and Capacity Build the Next Leg\">Allied Blenders and Distillers: Brand Upgrades and Capacity Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Best_Alcoholic_Beverage_Stocks_in_India_United_Spirits_vs_Radico_Khaitan_vs_Allied_Blenders_on_Key_Financials\" title=\"Best Alcoholic Beverage Stocks in India: United Spirits vs Radico Khaitan vs Allied Blenders on Key Financials\">Best Alcoholic Beverage Stocks in India: United Spirits vs Radico Khaitan vs Allied Blenders on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#How_to_Evaluate_Liquor_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Liquor Stocks to Buy Before You Invest\">How to Evaluate Liquor Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Risks_to_Consider_Before_Investing_in_Alcoholic_Beverage_Stocks\" title=\"Risks to Consider Before Investing in Alcoholic Beverage Stocks\">Risks to Consider Before Investing in Alcoholic Beverage Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#FAQs_on_Alcoholic_Beverage_Stocks\" title=\"FAQs on Alcoholic Beverage Stocks\">FAQs on Alcoholic Beverage Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Which_are_the_best_alcoholic_beverage_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best alcoholic beverage stocks in India with a strong roadmap?\">Which are the best alcoholic beverage stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Is_United_Spirits_a_good_stock_to_buy_now\" title=\"Is United Spirits a good stock to buy now?\">Is United Spirits a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#What_is_the_PE_ratio_of_United_Spirits_Radico_Khaitan_and_Allied_Blenders\" title=\"What is the P\/E ratio of United Spirits, Radico Khaitan and Allied Blenders?\">What is the P\/E ratio of United Spirits, Radico Khaitan and Allied Blenders?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Which_of_these_alcoholic_beverage_stocks_has_the_highest_return_on_equity\" title=\"Which of these alcoholic beverage stocks has the highest return on equity?\">Which of these alcoholic beverage stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#What_are_the_risks_of_investing_in_alcoholic_beverage_stocks\" title=\"What are the risks of investing in alcoholic beverage stocks?\">What are the risks of investing in alcoholic beverage stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#How_did_United_Spirits_Radico_Khaitan_and_Allied_Blenders_perform_in_Q1_FY27\" title=\"How did United Spirits, Radico Khaitan and Allied Blenders perform in Q1 FY27?\">How did United Spirits, Radico Khaitan and Allied Blenders perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#Do_alcoholic_beverage_stocks_pay_dividends\" title=\"Do alcoholic beverage stocks pay dividends?\">Do alcoholic beverage stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/alcoholic-beverage-stocks-strong-roadmap\/#How_can_I_invest_in_alcoholic_beverage_stocks_in_India\" title=\"How can I invest in alcoholic beverage stocks in India?\">How can I invest in alcoholic beverage stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Alcoholic_Beverage_Stocks\"><\/span><strong>What Are Alcoholic Beverage Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Alcoholic beverage stocks are shares of companies that make and sell spirits, whisky, beer and wine. In India most listed names sell IMFL, so state excise rules, raw material costs and consumer demand for premium brands decide their margins.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Alcoholic_Beverage_Stocks_at_a_Glance\"><\/span><strong>Alcoholic Beverage Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three alcoholic beverage stocks as of the 5 October 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/unitdspr\/united-spirits-ltd-share-price-today\">United Spirits<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,369.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">99,651<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">52.90<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">53.39<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.53%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.05<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/radico\/radico-khaitan-ltd-share-price-today\">Radico Khaitan<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,289.10<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">57,347<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">81.51<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">53.39<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.23%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.15<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/abdl\/allied-blenders-and-distillers-ltd-share-price-today\">Allied Blenders and Distillers<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">696.75<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19,482<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">92.87<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">53.39<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.73%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.69<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among alcoholic beverage sector stocks, United Spirits trades below the industry P\/E, while Radico Khaitan and Allied Blenders trade at a premium to the industry multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Alcoholic_Beverage_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Alcoholic Beverage Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Alcoholic beverage stocks have a strong roadmap in India because premiumisation lifts realisation per bottle, and listed makers are adding distillery capacity to serve rising consumer demand. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Premiumisation:<\/strong> Consumers moving to higher-priced whisky and spirits lift revenue per case and margin.<\/li>\n<li><strong>Distillery capacity:<\/strong> Added capacity supports volume growth and can improve control over raw material costs.<\/li>\n<li><strong>Consumer demand:<\/strong> Rising incomes and urbanisation widen the base of regular spirits drinkers.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"United_Spirits_Premiumisation_Across_Whisky_and_Spirits_Anchors_the_Roadmap\"><\/span><strong>United Spirits: Premiumisation Across Whisky and Spirits Anchors the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>United Spirits&#8217; roadmap rests on premiumisation of its spirits portfolio, with higher-priced whisky and other brands carrying better margins and extending reach across more states.<\/p>\n<p>Revenue grew from Rs 9,760.80 crore in FY22 to Rs 12,945.00 crore in FY26, a 32.6% rise, and FY26 revenue was 4.4% higher than FY25. FY26 net profit rose 8.0% to Rs 1,709.00 crore. Over four years, net profit rose from Rs 810.60 crore in FY22 to Rs 1,709.00 crore. In Q1 FY27, revenue declined 2.7% to Rs 6,195.00 crore, and net profit rose 11.0% to Rs 463.00 crore. Operating margin was 10.05% in FY26 and 10.57% in Q1 FY27 against 11.06% a year earlier.<\/p>\n<p>Debt to equity is 0.05 and return on equity is 20.53%. FY26 operating cash flow was Rs 1,459.00 crore against capital expenditure of Rs 181.00 crore. United Spirits paid a dividend of Rs 17 per share for FY26, a yield of 1.24%. At a P\/E of 52.90 against an industry P\/E of 53.39, the stock trades below its industry multiple.<\/p>\n<p>What to watch: Q1 FY27 revenue was 2.7% lower than a year earlier, while net profit rose 11.0%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Radico_Khaitan_Premium_Launches_and_Capacity_Additions_Drive_the_Pipeline\"><\/span><strong>Radico Khaitan: Premium Launches and Capacity Additions Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Radico Khaitan&#8217;s roadmap rests on premiumisation of its IMFL portfolio, new premium and luxury launches and added distillery capacity.<\/p>\n<p>Revenue grew from Rs 2,875.41 crore in FY22 to Rs 6,062.27 crore in FY26, a 110.8% rise, and FY26 revenue was 24.8% higher than FY25. FY26 net profit rose 74.9% to Rs 604.48 crore. Over four years, net profit rose from Rs 248.54 crore in FY22 to Rs 604.48 crore. In Q1 FY27, revenue grew 10.4% to Rs 5,869.46 crore, and net profit rose 75.9% to Rs 229.60 crore. Operating margin was 4.88% in FY26 and 6.10% in Q1 FY27 against 4.27% a year earlier.<\/p>\n<p>Debt to equity is 0.15 and return on equity is 18.23%. FY26 operating cash flow was Rs 742.64 crore against capital expenditure of Rs 244.59 crore. Radico Khaitan paid a dividend of Rs 9 per share for FY26, a yield of 0.21%. At a P\/E of 81.51 against an industry P\/E of 53.39, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The P\/E of 81.51 sits above the industry P\/E of 53.39, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Allied_Blenders_and_Distillers_Brand_Upgrades_and_Capacity_Build_the_Next_Leg\"><\/span><strong>Allied Blenders and Distillers: Brand Upgrades and Capacity Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Allied Blenders and Distillers&#8217; roadmap rests on moving its whisky brands up the price ladder, adding premium variants and investing in distillery capacity.<\/p>\n<p>Revenue grew from Rs 2,696.90 crore in FY22 to Rs 3,948.77 crore in FY26, a 46.4% rise, and FY26 revenue was 11.5% higher than FY25. FY26 net profit rose 13.0% to Rs 220.12 crore. Over four years, net profit rose from Rs 1.48 crore in FY22 to Rs 220.12 crore. In Q1 FY27, revenue grew 1.7% to Rs 1,813.79 crore, and net profit fell 18.6% to Rs 45.42 crore. Operating margin was 7.47% in FY26 and 6.64% in Q1 FY27 against 6.68% a year earlier.<\/p>\n<p>Debt to equity is 0.69 and return on equity is 13.73%. FY26 operating cash flow was Rs 361.96 crore against capital expenditure of Rs 349.44 crore. Allied Blenders paid a dividend of Rs 5.4 per share for FY26, a yield of 0.78%. At a P\/E of 92.87 against an industry P\/E of 53.39, the stock trades above its industry multiple.<\/p>\n<p>What to watch: Q1 FY27 net profit was 18.6% lower than a year earlier; the P\/E of 92.87 sits above the industry P\/E of 53.39, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Alcoholic_Beverage_Stocks_in_India_United_Spirits_vs_Radico_Khaitan_vs_Allied_Blenders_on_Key_Financials\"><\/span><strong>Best Alcoholic Beverage Stocks in India: United Spirits vs Radico Khaitan vs Allied Blenders on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best alcoholic beverage stocks in India, United Spirits leads on FY26 operating margin and return on equity; Radico Khaitan leads on Q1 FY27 revenue growth and five-year revenue growth. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">United Spirits<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Radico Khaitan<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Allied Blenders<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,945.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,062.27<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,948.77<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Revenue growth FY22 to FY26<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">110.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">46.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,709.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">604.48<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">220.12<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">74.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating profit margin<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.05%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.88%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-2.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 net profit growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">75.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-18.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.53%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.23%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.73%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">52.90<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">81.51<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">92.87<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.05<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.15<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.69<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.24%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.21%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.78%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,459.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">742.64<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">361.96<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Revenue is reported with excise treated differently across companies and periods, so compare growth rates within each company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Liquor_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Liquor Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen alcoholic beverage stocks and shortlist liquor stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which is 53.39 for all three here.<\/li>\n<li>Track operating margin across several quarters, because input costs can move faster than prices.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these alcoholic beverage stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Alcoholic_Beverage_Stocks\"><\/span><strong>Risks to Consider Before Investing in Alcoholic Beverage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>State excise policy:<\/strong> Pricing, taxes and licensing are set state by state, so policy changes can move volumes and margins.<\/li>\n<li><strong>Raw material costs:<\/strong> Grain, glass and packaging prices can squeeze margins before price increases are possible.<\/li>\n<li><strong>Valuation:<\/strong> Radico Khaitan trades at 81.51 times earnings and Allied Blenders at 92.87, against an industry multiple of 53.39, so a miss on growth can weigh on the stock.<\/li>\n<li><strong>Regulation:<\/strong> Advertising limits and taxation changes can affect brand building and pricing.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track United Spirits, Radico Khaitan and Allied Blenders live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three liquor stocks cover premium spirits and whisky, premium Indian-made spirits, and whisky brand upgrades. United Spirits leads on FY26 operating margin and return on equity; Radico Khaitan leads on Q1 FY27 revenue growth and five-year revenue growth.<\/p>\n<p>Across alcoholic beverage sector stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the liquor stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Alcoholic_Beverage_Stocks\"><\/span><strong>FAQs on Alcoholic Beverage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_alcoholic_beverage_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best alcoholic beverage stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> United Spirits, Radico Khaitan and Allied Blenders and Distillers stand out for their roadmaps in premium spirits and whisky. FY26 revenue growth was 4.4% at United Spirits, 24.8% at Radico Khaitan and 11.5% at Allied Blenders, and return on equity ranges from 13.73% to 20.53%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_United_Spirits_a_good_stock_to_buy_now\"><\/span><strong>Is United Spirits a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> United Spirits has a debt to equity ratio of 0.05, a return on equity of 20.53% and a P\/E of 52.90 against an industry P\/E of 53.39. State excise policy and raw material costs can move margins, and the stock trades close to its industry multiple. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_United_Spirits_Radico_Khaitan_and_Allied_Blenders\"><\/span><strong>What is the P\/E ratio of United Spirits, Radico Khaitan and Allied Blenders?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 52.90 for United Spirits (industry 53.39), 81.51 for Radico Khaitan (industry 53.39) and 92.87 for Allied Blenders (industry 53.39). Only Radico Khaitan and Allied Blenders trade at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_alcoholic_beverage_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these alcoholic beverage stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> United Spirits has the highest return on equity at 20.53%, followed by Radico Khaitan at 18.23% and Allied Blenders and Distillers at 13.73%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_alcoholic_beverage_stocks\"><\/span><strong>What are the risks of investing in alcoholic beverage stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are state excise and licensing changes, raw material cost swings, advertising limits and high valuations. Radico Khaitan trades at 81.51 times earnings and Allied Blenders at 92.87, against an industry multiple of 53.39.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_United_Spirits_Radico_Khaitan_and_Allied_Blenders_perform_in_Q1_FY27\"><\/span><strong>How did United Spirits, Radico Khaitan and Allied Blenders perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> United Spirits reported revenue of Rs 6,195.00 crore, down 2.7% year on year, and net profit rose 11.0% to Rs 463.00 crore. Radico Khaitan reported revenue of Rs 5,869.46 crore, up 10.4% year on year, and net profit rose 75.9% to Rs 229.60 crore. Allied Blenders and Distillers reported revenue of Rs 1,813.79 crore, up 1.7% year on year, and net profit fell 18.6% to Rs 45.42 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_alcoholic_beverage_stocks_pay_dividends\"><\/span><strong>Do alcoholic beverage stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, all three companies pay dividends. The dividend yield is 1.24% for United Spirits, 0.21% for Radico Khaitan and 0.78% for Allied Blenders, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_alcoholic_beverage_stocks_in_India\"><\/span><strong>How can I invest in alcoholic beverage stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy alcoholic beverage stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best alcoholic beverage stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"United Spirits, Radico Khaitan and Allied Blenders and Distillers stand out for their roadmaps in premium spirits and whisky. FY26 revenue growth was 4.4% at United Spirits, 24.8% at Radico Khaitan and 11.5% at Allied Blenders, and return on equity ranges from 13.73% to 20.53%.\"}},{\"@type\":\"Question\",\"name\":\"Is United Spirits a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"United Spirits has a debt to equity ratio of 0.05, a return on equity of 20.53% and a P\/E of 52.90 against an industry P\/E of 53.39. State excise policy and raw material costs can move margins, and the stock trades close to its industry multiple. This article is not investment advice, so consult a SEBI-registered advisor before deciding.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio of United Spirits, Radico Khaitan and Allied Blenders?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E ratio is 52.90 for United Spirits (industry 53.39), 81.51 for Radico Khaitan (industry 53.39) and 92.87 for Allied Blenders (industry 53.39). Only Radico Khaitan and Allied Blenders trade at or above the industry multiple.\"}},{\"@type\":\"Question\",\"name\":\"Which of these alcoholic beverage stocks has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"United Spirits has the highest return on equity at 20.53%, followed by Radico Khaitan at 18.23% and Allied Blenders and Distillers at 13.73%.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in alcoholic beverage stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are state excise and licensing changes, raw material cost swings, advertising limits and high valuations. Radico Khaitan trades at 81.51 times earnings and Allied Blenders at 92.87, against an industry multiple of 53.39.\"}},{\"@type\":\"Question\",\"name\":\"How did United Spirits, Radico Khaitan and Allied Blenders perform in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"United Spirits reported revenue of Rs 6,195.00 crore, down 2.7% year on year, and net profit rose 11.0% to Rs 463.00 crore. Radico Khaitan reported revenue of Rs 5,869.46 crore, up 10.4% year on year, and net profit rose 75.9% to Rs 229.60 crore. Allied Blenders and Distillers reported revenue of Rs 1,813.79 crore, up 1.7% year on year, and net profit fell 18.6% to Rs 45.42 crore.\"}},{\"@type\":\"Question\",\"name\":\"Do alcoholic beverage stocks pay dividends?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, all three companies pay dividends. The dividend yield is 1.24% for United Spirits, 0.21% for Radico Khaitan and 0.78% for Allied Blenders, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in alcoholic beverage stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy alcoholic beverage stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>United Spirits, Radico Khaitan and Allied Blenders and Distillers compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":36,"featured_media":288258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[4235,8454,1155,6993,600],"class_list":["post-288260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-alcoholic-beverage-stocks","tag-allied-blenders-and-distillers","tag-liquor-stocks","tag-radico-khaitan","tag-united-spirits"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["288258"],"rank_math_title":["Alcoholic Beverage Stocks: United Spirits, Radico Khaitan and Mor"],"rank_math_description":["Alcoholic beverage stocks with a strong roadmap: United Spirits, Radico Khaitan and Allied Blenders And Distillers compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["alcoholic beverage stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-alcoholic-beverage-stocks-with-a-strong-future-roadmap-united-spirits-radico.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/288260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=288260"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/288260\/revisions"}],"predecessor-version":[{"id":288261,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/288260\/revisions\/288261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/288258"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=288260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=288260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=288260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}