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United Spirits Ltd. Cash Flow Statement

NSE:MCDOWELL-N | BREW/DISTILLERIES

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Cash Flow Insights

Cash Conversion

0.91x

MCDOWELL-N's operating cash flow covered 91% of net income in FY 2025. Some earnings may be tied up in working capital.

Free Cash Flow

₹17.85B

MCDOWELL-N's free cash flow was ₹17.85B in FY 2025, up 75.0% from FY 2024.

Dividend Coverage

5.0x

MCDOWELL-N's free cash flow covered dividends 5.0x in FY 2025, leaving room for reinvestment or debt reduction.

CapEx Intensity

8.3%

Capital expenditure was 8.3% of operating cash flow in FY 2025 for MCDOWELL-N, indicating a capital-light business.

2-year MCDOWELL-N cash flow snapshot

Hover the chart icon for YoY change.

FY 2024 - FY 2025
Item Chart 2024 2025
Net Income 18.57B 21.35B
Cash flow Operating Activities 11.18B 19.47B
Investments in PPE -980.00M -1.62B
Cash flow Investing Activities 2.26B -11.14B
Dividend Paid -2.84B -3.55B
Cash flow Financing Activities -4.07B -5.57B
Cash at beginning of period 1.15B 10.52B
Cash at end of period 10.52B 13.28B
Free Cash Flow 10.20B 17.85B

Values are shown in millions (M) and billions (B). All amounts are in Indian Rupees (₹).

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: Mar-2025