United Spirits Limited Financial Flexibility Index
United Spirits Limited 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 (Rs50.72 Billion). Explore United Spirits Limited capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of United Spirits Limited (2004–2026)
Financial flexibility index of United Spirits Limited from 2004 to 2026. Historical Financial Flexibility Index trend for United Spirits Limited across 23 annual periods. Check MCDOWELL-N capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
United Spirits Limited Financial Flexibility Index by Year (2004–2026)
United Spirits Limited financial flexibility index by year from 2004 to 2026. Year-by-year free cash flow to debt coverage for United Spirits Limited. For the full cash flow conversion analysis, see MCDOWELL-N cash generation efficiency.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.31x | Rs17.07 Billion | Rs15.26 Billion | Rs55.12 Billion | ▼ -25.7% |
| 2025 | 0.42x | Rs21.45 Billion | Rs19.83 Billion | Rs51.44 Billion | ▲ +41.6% |
| 2024 | 0.29x | Rs12.16 Billion | Rs11.18 Billion | Rs41.28 Billion | ▲ +47.5% |
| 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 | — |