United Spirits Limited
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
United Spirits Limited (MCDOWELL-N) - Total Assets
Latest total assets as of September 2025: ₹134.84 Billion INR
Based on the latest financial reports, United Spirits Limited (MCDOWELL-N) holds total assets worth ₹134.84 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
United Spirits Limited - Total Assets Trend (2004–2025)
This chart illustrates how United Spirits Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
United Spirits Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
United Spirits Limited's total assets of ₹134.84 Billion consist of 69.5% current assets and 30.5% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹7.02 Billion | 15.3% |
| Accounts Receivable | ₹34.32 Billion | 25.9% |
| Inventory | ₹23.05 Billion | 17.4% |
| Property, Plant & Equipment | ₹13.79 Billion | 10.4% |
| Intangible Assets | ₹3.29 Billion | 2.5% |
| Goodwill | ₹10.00 Million | 0.0% |
Asset Composition Trend (2004–2025)
This chart illustrates how United Spirits Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: United Spirits Limited's current assets represent 69.5% of total assets in 2025, an increase from 65.0% in 2004.
- Cash Position: Cash and equivalents constituted 15.3% of total assets in 2025, up from 2.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 25.9% of total assets.
United Spirits Limited Competitors by Total Assets
Key competitors of United Spirits Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hite Jinro
KO:000080
|
Korea | ₩3.44 Trillion |
|
Luzhou Lao Jiao Co Ltd
SHE:000568
|
China | CN¥65.50 Billion |
|
Jiugui Liquor Co Ltd
SHE:000799
|
China | CN¥4.65 Billion |
|
Wuliangye Yibin Co Ltd
SHE:000858
|
China | CN¥181.07 Billion |
|
Beijing Shunxin Agriculture Co Ltd
SHE:000860
|
China | CN¥12.93 Billion |
|
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869
|
China | CN¥12.16 Billion |
|
Bohae Brewery
KO:000890
|
Korea | ₩143.36 Billion |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
China | CN¥59.50 Billion |
United Spirits Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - United Spirits Limited generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, United Spirits Limited generates $ 11.94 in net profit.
United Spirits Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.97 | 2.11 | 0.97 |
| Quick Ratio | 1.35 | 1.53 | 0.54 |
| Cash Ratio | 0.11 | 0.13 | 0.00 |
| Working Capital | ₹45.49 Billion | ₹ 42.69 Billion | ₹ -1.64 Billion |
United Spirits Limited - Advanced Valuation Insights
This section examines the relationship between United Spirits Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 14.07 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 17.8% |
| Total Assets | ₹132.48 Billion |
| Market Capitalization | $4.04 Billion USD |
Valuation Analysis
Below Book Valuation: The market values United Spirits Limited's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: United Spirits Limited's assets grew by 17.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for United Spirits Limited (2004–2025)
The table below shows the annual total assets of United Spirits Limited from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹132.48 Billion | +17.77% |
| 2024-03-31 | ₹112.49 Billion | +15.24% |
| 2023-03-31 | ₹97.61 Billion | +9.54% |
| 2022-03-31 | ₹89.11 Billion | +4.38% |
| 2021-03-31 | ₹85.37 Billion | -3.55% |
| 2020-03-31 | ₹88.51 Billion | -2.83% |
| 2019-03-31 | ₹91.09 Billion | +1.70% |
| 2018-03-31 | ₹89.56 Billion | +0.68% |
| 2017-03-31 | ₹88.96 Billion | +3.92% |
| 2016-03-31 | ₹85.60 Billion | +8.51% |
| 2015-03-31 | ₹78.89 Billion | -46.91% |
| 2014-03-31 | ₹148.58 Billion | -9.32% |
| 2013-03-31 | ₹163.85 Billion | +3.33% |
| 2012-03-31 | ₹158.57 Billion | +22.76% |
| 2011-03-31 | ₹129.17 Billion | +13.25% |
| 2010-03-31 | ₹114.06 Billion | -3.68% |
| 2009-03-31 | ₹118.42 Billion | +16.96% |
| 2008-03-31 | ₹101.25 Billion | +170.08% |
| 2007-03-31 | ₹37.49 Billion | +15.01% |
| 2006-03-31 | ₹32.60 Billion | +98.22% |
| 2005-03-31 | ₹16.44 Billion | +82.89% |
| 2004-03-31 | ₹8.99 Billion | -- |