United Spirits Limited Free Cash Flow Generation Index
United Spirits Limited free cash flow generation index. United Spirits Limited (MCDOWELL-N) has a Free Cash Flow Generation Index of 1.09x as of September 2025. Free cash flow of Rs10.28 Billion represents 1% of operating cash flow (Rs9.39 Billion). Check United Spirits Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of United Spirits Limited (2004–2026)
Free cash flow generation index of United Spirits Limited from 2004 to 2026. Historical FCF Generation Index trend for United Spirits Limited across 20 annual periods. Explore United Spirits Limited capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
United Spirits Limited Free Cash Flow Generation Index by Year (2004–2026)
United Spirits Limited free cash flow generation index by year from 2004 to 2026. Year-by-year Free Cash Flow Generation Index for United Spirits Limited. For the full cash flow conversion analysis, see MCDOWELL-N cash generation efficiency.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.88x | Rs13.45 Billion | Rs15.26 Billion | Rs1.81 Billion | ▼ -4.0% |
| 2025 | 0.92x | Rs18.21 Billion | Rs19.83 Billion | Rs1.62 Billion | ▼ -3.3% |
| 2024 | 0.95x | Rs10.62 Billion | Rs11.18 Billion | Rs980.00 Million | ▲ +22.1% |
| 2023 | 0.78x | Rs4.78 Billion | Rs6.15 Billion | Rs1.37 Billion | ▼ -9.9% |
| 2022 | 0.86x | Rs8.43 Billion | Rs9.77 Billion | Rs1.34 Billion | ▼ -4.6% |
| 2021 | 0.90x | Rs16.44 Billion | Rs18.18 Billion | Rs1.74 Billion | ▲ +23.9% |
| 2020 | 0.73x | Rs5.72 Billion | Rs7.83 Billion | Rs2.12 Billion | ▼ -10.7% |
| 2019 | 0.82x | Rs7.75 Billion | Rs9.48 Billion | Rs1.73 Billion | ▲ +2.1% |
| 2018 | 0.80x | Rs7.41 Billion | Rs9.25 Billion | Rs1.84 Billion | ▲ +54.2% |
| 2017 | 0.52x | Rs3.36 Billion | Rs6.47 Billion | Rs3.11 Billion | ▲ +287.5% |
| 2016 | -0.28x | Rs-660.77 Million | Rs2.39 Billion | Rs3.05 Billion | ▼ -138.9% |
| 2013 | 0.71x | Rs7.19 Billion | Rs10.09 Billion | Rs2.90 Billion | ▲ +637.9% |
| 2012 | 0.10x | Rs729.97 Million | Rs7.56 Billion | Rs6.83 Billion | ▼ -87.3% |
| 2010 | 0.76x | Rs12.06 Billion | Rs15.91 Billion | Rs3.85 Billion | ▲ +98.1% |
| 2009 | 0.38x | Rs900.58 Million | Rs2.35 Billion | Rs1.45 Billion | ▲ +3125.7% |
| 2008 | 0.01x | Rs31.71 Million | Rs2.67 Billion | Rs2.64 Billion | ▼ -98.7% |
| 2007 | 0.92x | Rs4.90 Billion | Rs5.30 Billion | Rs403.07 Million | ▲ +222.8% |
| 2006 | 0.29x | Rs148.92 Million | Rs520.26 Million | Rs371.34 Million | ▼ -39.2% |
| 2005 | 0.47x | Rs188.14 Million | Rs399.35 Million | Rs211.21 Million | ▲ +179.2% |
| 2004 | 0.17x | Rs52.42 Million | Rs310.69 Million | Rs258.27 Million | — |