United Spirits Limited (MCDOWELL-N) — Financial Flexibility Index
United Spirits Limited (MCDOWELL-N) has a Financial Flexibility Index of 0.20x as of September 2025. Free cash flow of Rs10.28 Billion (operating CF Rs9.39 Billion minus capex Rs890.00 Million) represents 0% of total liabilities (Rs50.76 Billion). Check MCDOWELL-N cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
United Spirits Limited Financial Flexibility Index (2004–2025)
Historical Financial Flexibility Index trend for United Spirits Limited across 22 annual periods. For the full cash flow conversion analysis, see MCDOWELL-N operating cash flow.
Annual Financial Flexibility Index for United Spirits Limited (2004–2025)
Year-by-year free cash flow to debt coverage for United Spirits Limited. Explore MCDOWELL-N operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.42x | Rs21.45 Billion | Rs19.83 Billion | Rs51.44 Billion | ▲ +36.8% |
| 2024 | 0.30x | Rs12.58 Billion | Rs11.60 Billion | Rs41.28 Billion | ▲ +52.6% |
| 2023 | 0.20x | Rs7.51 Billion | Rs6.15 Billion | Rs37.62 Billion | ▼ -27.5% |
| 2022 | 0.28x | Rs11.11 Billion | Rs9.77 Billion | Rs40.37 Billion | ▼ -38.1% |
| 2021 | 0.44x | Rs19.91 Billion | Rs18.18 Billion | Rs44.78 Billion | ▲ +130.9% |
| 2020 | 0.19x | Rs9.95 Billion | Rs7.83 Billion | Rs51.65 Billion | ▲ +3.4% |
| 2019 | 0.19x | Rs11.21 Billion | Rs9.48 Billion | Rs60.22 Billion | ▲ +9.5% |
| 2018 | 0.17x | Rs11.09 Billion | Rs9.25 Billion | Rs65.24 Billion | ▲ +26.3% |
| 2017 | 0.13x | Rs9.58 Billion | Rs6.47 Billion | Rs71.13 Billion | ▲ +67.8% |
| 2016 | 0.08x | Rs5.43 Billion | Rs2.39 Billion | Rs67.71 Billion | ▲ +4479.0% |
| 2015 | 0.00x | Rs126.66 Million | Rs-1.96 Billion | Rs72.28 Billion | ▲ +107.5% |
| 2014 | -0.02x | Rs-2.75 Billion | Rs-5.52 Billion | Rs118.25 Billion | ▼ -120.7% |
| 2013 | 0.11x | Rs12.99 Billion | Rs10.09 Billion | Rs115.87 Billion | ▼ -12.9% |
| 2012 | 0.13x | Rs14.39 Billion | Rs7.56 Billion | Rs111.80 Billion | ▲ +598.9% |
| 2011 | 0.02x | Rs1.61 Billion | Rs-1.16 Billion | Rs87.21 Billion | ▼ -92.9% |
| 2010 | 0.26x | Rs19.77 Billion | Rs15.91 Billion | Rs76.24 Billion | ▲ +543.7% |
| 2009 | 0.04x | Rs3.81 Billion | Rs2.35 Billion | Rs94.50 Billion | ▼ -40.5% |
| 2008 | 0.07x | Rs5.31 Billion | Rs2.67 Billion | Rs78.49 Billion | ▼ -73.8% |
| 2007 | 0.26x | Rs5.70 Billion | Rs5.30 Billion | Rs22.08 Billion | ▲ +563.3% |
| 2006 | 0.04x | Rs891.60 Million | Rs520.26 Million | Rs22.89 Billion | ▼ -13.0% |
| 2005 | 0.04x | Rs610.56 Million | Rs399.35 Million | Rs13.63 Billion | ▼ -50.9% |
| 2004 | 0.09x | Rs568.96 Million | Rs310.69 Million | Rs6.23 Billion | — |