United Spirits Limited (MCDOWELL-N) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.112x

Based on the latest financial reports, United Spirits Limited (MCDOWELL-N) has a cash flow conversion efficiency ratio of 0.112x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs9.39 Billion ≈ $101.55 Million USD) by net assets (Rs84.08 Billion ≈ $909.29 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is United Spirits Limited's balance sheet to measure how much of total assets are equity-financed.

United Spirits Limited - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how United Spirits Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check United Spirits Limited earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

United Spirits Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of United Spirits Limited ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Applied Industrial Technologies
NYSE:AIT
0.054x
Far EasTone Telecommunications Co Ltd
TW:4904
0.095x
Lupin Limited
NSE:LUPIN
0.147x
Logitech International S.A.
SW:LOGN
0.089x
Corebridge Financial Inc.
NYSE:CRBG
-0.001x
Guangdong Haid Group Co Ltd
SHE:002311
0.075x
Penske Automotive Group Inc
NYSE:PAG
0.038x
Madrigal Pharmaceuticals Inc
NASDAQ:MDGL
-0.221x

Annual Cash Flow Conversion Efficiency for United Spirits Limited (2004–2025)

The table below shows the annual cash flow conversion efficiency of United Spirits Limited from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see how much is United Spirits Limited worth.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-03-31 Rs81.04 Billion
≈ $876.42 Million
Rs19.83 Billion
≈ $214.45 Million
0.245x +50.21%
2024-03-31 Rs71.21 Billion
≈ $770.11 Million
Rs11.60 Billion
≈ $125.45 Million
0.163x +58.99%
2023-03-31 Rs59.99 Billion
≈ $648.82 Million
Rs6.15 Billion
≈ $66.48 Million
0.102x -48.90%
2022-03-31 Rs48.75 Billion
≈ $527.19 Million
Rs9.77 Billion
≈ $105.70 Million
0.201x -55.23%
2021-03-31 Rs40.59 Billion
≈ $438.95 Million
Rs18.18 Billion
≈ $196.58 Million
0.448x +110.80%
2020-03-31 Rs36.87 Billion
≈ $398.70 Million
Rs7.83 Billion
≈ $84.70 Million
0.212x -30.84%
2019-03-31 Rs30.87 Billion
≈ $333.87 Million
Rs9.48 Billion
≈ $102.56 Million
0.307x -19.22%
2018-03-31 Rs24.33 Billion
≈ $263.09 Million
Rs9.25 Billion
≈ $100.05 Million
0.380x +4.83%
2017-03-31 Rs17.83 Billion
≈ $192.84 Million
Rs6.47 Billion
≈ $69.95 Million
0.363x +172.09%
2016-03-31 Rs17.90 Billion
≈ $193.54 Million
Rs2.39 Billion
≈ $25.80 Million
0.133x +144.84%
2015-03-31 Rs6.60 Billion
≈ $71.41 Million
Rs-1.96 Billion
≈ $-21.23 Million
-0.297x -63.37%
2014-03-31 Rs30.33 Billion
≈ $328.01 Million
Rs-5.52 Billion
≈ $-59.69 Million
-0.182x -186.53%
2013-03-31 Rs47.98 Billion
≈ $518.92 Million
Rs10.09 Billion
≈ $109.13 Million
0.210x +30.07%
2012-03-31 Rs46.76 Billion
≈ $505.73 Million
Rs7.56 Billion
≈ $81.77 Million
0.162x +685.90%
2011-03-31 Rs41.96 Billion
≈ $453.80 Million
Rs-1.16 Billion
≈ $-12.52 Million
-0.028x -106.56%
2010-03-31 Rs37.82 Billion
≈ $409.01 Million
Rs15.91 Billion
≈ $172.11 Million
0.421x +327.62%
2009-03-31 Rs23.92 Billion
≈ $258.67 Million
Rs2.35 Billion
≈ $25.45 Million
0.098x -16.20%
2008-03-31 Rs22.76 Billion
≈ $246.19 Million
Rs2.67 Billion
≈ $28.91 Million
0.117x -65.88%
2007-03-31 Rs15.40 Billion
≈ $166.59 Million
Rs5.30 Billion
≈ $57.33 Million
0.344x +541.84%
2006-03-31 Rs9.70 Billion
≈ $104.93 Million
Rs520.26 Million
≈ $5.63 Million
0.054x -62.26%
2005-03-31 Rs2.81 Billion
≈ $30.40 Million
Rs399.35 Million
≈ $4.32 Million
0.142x +26.10%
2004-03-31 Rs2.76 Billion
≈ $29.83 Million
Rs310.69 Million
≈ $3.36 Million
0.113x --

About United Spirits Limited

NSE:MCDOWELL-N India Beverages - Wineries & Distilleries
Market Cap
$11.92 Billion
Rs1.10 Trillion INR
Market Cap Rank
#1942 Global
#79 in India
Share Price
Rs1515.90
Change (1 day)
-1.04%
52-Week Range
Rs1218.80 - Rs1531.90
All Time High
Rs1688.55
About

United Spirits Limited manufactures, purchases, and sells alcoholic beverages and other allied spirits in India and internationally. Its alcoholic beverages include Scotch whisky, Indian made foreign liquor whisky, brandy, rum, vodka, and gin. The company primarily owns McDowell's No.1, Royal Challenge, Signature, Antiquity, Black Dog, Director's Special Black, McDowell's Rum, and McDowell's Bran… Read more