United Spirits Limited (MCDOWELL-N) - Total Assets

Latest as of September 2025: Rs134.84 Billion INR ≈ $1.46 Billion USD

Based on the latest financial reports, United Spirits Limited (MCDOWELL-N) holds total assets worth Rs134.84 Billion INR (≈ $1.46 Billion USD) 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. Also see MCDOWELL-N market cap overview for the company's overall valuation and market capitalisation.

United Spirits Limited - Asset Composition Analysis

Current Asset Composition (March 2025)

United Spirits Limited's total assets of Rs134.84 Billion consist of 69.5% current assets and 30.5% non-current assets. Review MCDOWELL-N current and long-term liabilities to assess the company's total debt and financial obligations.

Asset Category	Amount (INR)	% of Total Assets
Cash & Equivalents	Rs7.02 Billion	15.3%
Accounts Receivable	Rs34.32 Billion	25.9%
Inventory	Rs23.05 Billion	17.4%
Property, Plant & Equipment	Rs13.79 Billion	10.4%
Intangible Assets	Rs3.29 Billion	2.5%
Goodwill	Rs10.00 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. See latest United Spirits Limited stock price today for real-time trading data and today's change.

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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
Shanghai Jinfeng Wine Co Ltd SHG:600616	China	CN¥2.17 Billion
High Coast Distillery AB ST:HIGHCO-B	Sweden	Skr274.52 Million
Endeavour Group Ltd AU:EDV	Australia	AU$11.73 Billion
Treasury Wine Estates Ltd AU:TWE	Australia	AU$6.87 Billion
Lark Distilling Co. Ltd AU:LRK	Australia	AU$122.62 Million
Australian Vintage Ltd AU:AVG	Australia	AU$387.20 Million
Wei Long Grape Wine Co Ltd SHG:603779	China	CN¥954.70 Million
Tonghua Grape Wine Co Ltd SHG:600365	China	CN¥771.86 Million

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	Rs45.49 Billion	Rs42.69 Billion	Rs-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	0.08
Asset Growth Rate (YoY)	17.8%
Total Assets	Rs132.48 Billion
Market Capitalization	$10.78 Billion USD

Valuation Analysis

Below Book Valuation: The market values United Spirits Limited's assets below their book value (0.08x), 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	Rs132.48 Billion ≈ $1.43 Billion	+17.77%
2024-03-31	Rs112.49 Billion ≈ $1.22 Billion	+15.24%
2023-03-31	Rs97.61 Billion ≈ $1.06 Billion	+9.54%
2022-03-31	Rs89.11 Billion ≈ $963.72 Million	+4.38%
2021-03-31	Rs85.37 Billion ≈ $923.24 Million	-3.55%
2020-03-31	Rs88.51 Billion ≈ $957.23 Million	-2.83%
2019-03-31	Rs91.09 Billion ≈ $985.09 Million	+1.70%
2018-03-31	Rs89.56 Billion ≈ $968.59 Million	+0.68%
2017-03-31	Rs88.96 Billion ≈ $962.06 Million	+3.92%
2016-03-31	Rs85.60 Billion ≈ $925.75 Million	+8.51%
2015-03-31	Rs78.89 Billion ≈ $853.12 Million	-46.91%
2014-03-31	Rs148.58 Billion ≈ $1.61 Billion	-9.32%
2013-03-31	Rs163.85 Billion ≈ $1.77 Billion	+3.33%
2012-03-31	Rs158.57 Billion ≈ $1.71 Billion	+22.76%
2011-03-31	Rs129.17 Billion ≈ $1.40 Billion	+13.25%
2010-03-31	Rs114.06 Billion ≈ $1.23 Billion	-3.68%
2009-03-31	Rs118.42 Billion ≈ $1.28 Billion	+16.96%
2008-03-31	Rs101.25 Billion ≈ $1.09 Billion	+170.08%
2007-03-31	Rs37.49 Billion ≈ $405.43 Million	+15.01%
2006-03-31	Rs32.60 Billion ≈ $352.53 Million	+98.22%
2005-03-31	Rs16.44 Billion ≈ $177.84 Million	+82.89%
2004-03-31	Rs8.99 Billion ≈ $97.24 Million	--

About United Spirits Limited

NSE:MCDOWELL-N India Beverages - Wineries & Distilleries

Market Cap

$10.78 Billion

Rs996.91 Billion INR

Market Cap Rank

#2110 Global

#87 in India

Share Price

Rs1370.60

Change (1 day)

-1.75%

52-Week Range

Rs1218.80 - Rs1556.00

All Time High

Rs1688.55