United Spirits Limited (MCDOWELL-N) — Capital Reinvestment Ratio
United Spirits Limited (MCDOWELL-N) has a Capital Reinvestment Ratio of 0.09x as of September 2025, meaning it reinvests 0% of its operating cash flow (Rs9.39 Billion) in capital expenditures (Rs890.00 Million). Check United Spirits Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
United Spirits Limited Capital Reinvestment Ratio (2004–2025)
This chart tracks United Spirits Limited's Capital Reinvestment Ratio across 19 annual periods. For the full cash flow conversion analysis, see United Spirits Limited (MCDOWELL-N) cash conversion ratio.
Annual Capital Reinvestment Ratio for United Spirits Limited (2004–2025)
Year-by-year Capital Reinvestment Ratio for United Spirits Limited from 2004 to 2025. See cash generation quality of United Spirits Limited to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | Rs19.83 Billion | Rs1.62 Billion | ▼ -3.3% |
| 2024 | 0.08x | Rs11.60 Billion | Rs980.00 Million | ▼ -62.0% |
| 2023 | 0.22x | Rs6.15 Billion | Rs1.37 Billion | ▲ +62.1% |
| 2022 | 0.14x | Rs9.77 Billion | Rs1.34 Billion | ▲ +43.5% |
| 2021 | 0.10x | Rs18.18 Billion | Rs1.74 Billion | ▼ -64.6% |
| 2020 | 0.27x | Rs7.83 Billion | Rs2.12 Billion | ▲ +48.1% |
| 2019 | 0.18x | Rs9.48 Billion | Rs1.73 Billion | ▼ -8.4% |
| 2018 | 0.20x | Rs9.25 Billion | Rs1.84 Billion | ▼ -58.6% |
| 2017 | 0.48x | Rs6.47 Billion | Rs3.11 Billion | ▼ -62.3% |
| 2016 | 1.28x | Rs2.39 Billion | Rs3.05 Billion | ▲ +344.0% |
| 2013 | 0.29x | Rs10.09 Billion | Rs2.90 Billion | ▼ -68.2% |
| 2012 | 0.90x | Rs7.56 Billion | Rs6.83 Billion | ▲ +273.1% |
| 2010 | 0.24x | Rs15.91 Billion | Rs3.85 Billion | ▼ -60.8% |
| 2009 | 0.62x | Rs2.35 Billion | Rs1.45 Billion | ▼ -37.5% |
| 2008 | 0.99x | Rs2.67 Billion | Rs2.64 Billion | ▲ +1199.7% |
| 2007 | 0.08x | Rs5.30 Billion | Rs403.07 Million | ▼ -89.3% |
| 2006 | 0.71x | Rs520.26 Million | Rs371.34 Million | ▲ +35.0% |
| 2005 | 0.53x | Rs399.35 Million | Rs211.21 Million | ▼ -36.4% |
| 2004 | 0.83x | Rs310.69 Million | Rs258.27 Million | — |