	C 2012 Mar 31	R 2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	2017 Mar 31	C 2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	9,216	10,378	10,508	9,254	8,495	8,818	8,591	9,341	9,325	8,131	9,712	10,612	11,321	12,069	12,467
Cost of Operating Revenue	5,444	6,166	6,246	5,697	5,218	5,425	4,713	5,110	5,611	4,979	5,952	6,884	6,787	6,910	6,963
Gross Profit	3,771	4,212	4,261	3,557	3,277	3,392	3,877	4,231	3,715	3,153	3,761	3,728	4,534	5,159	5,504
Gross Margin	40.9	40.6	40.6	38.4	38.6	38.5	45.1	45.3	39.8	38.8	38.7	35.1	40.0	42.7	44.1
Total Operating Expenses	8,245	9,230	10,843	8,902	7,670	7,998	7,521	8,149	8,037	7,355	8,395	9,476	9,587	10,108	10,470
Operating Profit	971	1,148	-335	352	825	820	1,070	1,192	1,288	776	1,318	1,135	1,734	1,961	1,997
Operating Margin	10.5	11.1	-3.2	3.8	9.7	9.3	12.5	12.8	13.8	9.5	13.6	10.7	15.3	16.2	16.0
Financing Income/(Expense) - Net	-776	-1,106	-711	-1,176	-468	-370	-272	-225	-205	-176	-82	-55	97	93	-158
Profit before Taxes	335	73	-4,213	-1,635	366	163	912	1,012	1,160	540	1,087	1,279	1,857	2,135	2,219
Income Taxes	148	177	275	49	223	70	260	328	485	178	276	153	449	553	510
Profit after Tax	188	-101	-4,489	-1,688	138	100	634	700	659	384	829	1,136	1,408	1,582	1,838
PAT Margin	2.0	-1.0	-42.7	-18.2	1.6	1.1	7.4	7.5	7.1	4.7	8.5	10.7	12.4	13.1	14.7
EPS - Basic - ex Extraordinary Items	2.99	-1.58	-63.35	-23.18	1.95	1.41	8.94	9.87	10.06	5.41	11.68	16.01	19.84	22.28	24.07
EPS - Diluted - ex Extraordinary Items	2.99	-1.58	-63.35	-23.18	1.95	1.41	8.94	9.87	10.06	5.41	11.68	16.01	19.84	22.28	24.07
EBIT	971	1,148	-335	352	825	820	1,070	1,192	1,288	776	1,318	1,135	1,734	1,961	1,997
EBITDA	1,118	1,327	-133	575	982	1,004	1,262	1,407	1,580	1,061	1,622	1,418	2,009	2,244	2,286
EBITDA Margin	12.1	12.8	-1.3	6.2	11.6	11.4	14.7	15.1	16.9	13.1	16.7	13.4	17.7	18.6	18.3

Balance Sheet

Abridged

Understanding Balance Sheet

United Spirits Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	R 2013 Mar 31	2014 Mar 31	R 2015 Mar 31	R 2016 Mar 31	2017 Mar 31	R 2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	PRESS
Total Current Assets	6,073	6,124	6,987	4,739	5,288	5,749	5,662	5,264	4,870	4,803	5,163	6,235	7,377	9,202	10,563
Long-Term Investments	217	92	113	968	128	131	-	-	-	8	-	25	139	348	369
Property Plant & Equipment - Net	2,127	2,162	2,300	1,559	1,659	1,655	1,473	1,520	1,655	1,577	1,564	1,218	1,108	1,379	1,292
Total Non-Current Assets	9,784	10,359	7,871	3,890	3,041	3,147	3,287	3,948	4,070	3,807	3,797	3,561	3,935	4,081	3,906
Total Assets	15,857	16,483	14,858	8,629	8,329	8,896	8,926	9,109	8,851	8,537	8,911	9,762	11,249	13,248	14,469
Total Current Liabilities	5,592	6,577	10,426	5,882	5,851	6,199	5,678	5,188	4,994	4,338	3,838	3,624	3,903	4,722	5,145
Long Term Debt	5,165	4,676	997	1,112	731	870	763	780	135	95	135	80	137	334	308
Total Non-Current Liabilities	5,589	5,108	1,399	1,279	838	914	815	834	171	140	198	138	225	422	367
Total Liabilities	11,180	11,685	11,825	7,161	6,689	7,113	6,493	6,022	5,165	4,478	4,037	3,762	4,128	5,144	5,512
Total Shareholders' Equity	4,662	4,787	3,032	1,467	1,635	1,786	2,419	3,090	3,728	4,120	4,954	6,000	7,121	8,104	8,953
Minority Interest	15	11	1	1	6	-3	14	-3	-41	-61	-79	-	-	-	4
Total Equity	4,676	4,798	3,033	1,468	1,640	1,783	2,433	3,087	3,687	4,059	4,875	6,000	7,121	8,104	8,957
Total Liabilities & Equity	15,857	16,483	14,858	8,629	8,329	8,896	8,926	9,109	8,851	8,537	8,911	9,762	11,249	13,248	14,469

Cash Flow

Abridged

Understanding Cash Flow Statement

United Spirits Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2012 Mar 31	R 2013 Mar 31	C 2014 Mar 31	2015 Mar 31	R 2016 Mar 31	2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	489	320	-44	-111	406	153	689	509	778	883	1,139	1,164	1,784	2,152	2,064
Working Capital - Increase/(Decrease)	-504	752	-1,415	-766	-579	138	-12	217	-170	804	-205	-565	-645	-209	-579
Net CF from Operating Activities	-15	1,073	-1,458	-878	-173	291	677	725	608	1,687	934	599	1,139	1,943	1,485
Capital Expenditures - Net	669	217	273	107	278	258	30	77	200	138	96	110	79	161	-72
Net CF from Investing Activities	-1,141	-1,211	-300	3,838	746	-247	100	-72	-200	-110	-319	-74	184	-1,150	-466
Dividends Paid - Cash - Total	33	33	36	1	0	-	-	-	-	-	-	-	284	355	1,263
Stock - Issuance/(Retirement) - Net	-	-	2,576	-	-	-	-	-	-	-	-	-	-	-	-
Debt - LT & ST - Issuance/(Retirement) - Total	313	-379	-72	-3,173	-692	-99	-712	-579	-559	-1,565	-638	-465	-102	-162	-150
Net Cash Flow from Financing Activities	863	-6	2,190	-3,282	-695	-100	-713	-579	-559	-1,565	-638	-465	-386	-517	-1,413
Free Cash Flow to Equity	-371	478	-1,804	-4,158	-1,142	-65	-65	70	-150	-16	200	24	958	1,620	1,407
Free Operating CF net dividend	-731	749	-1,772	-1,088	-478	-20	492	552	397	1,513	800	462	757	1,426	41
Free Operating CF	-698	782	-1,735	-1,087	-477	-20	492	552	397	1,513	800	462	1,041	1,781	1,304

Business Segment Analysis

FY End:

Mar 25

United Spirits Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Assets

Beverage alcohol (48.8%)₹ 12,615.00 CrBeverage alcohol (48.8%)₹ 12,615.00 CrSports (2.5%)₹ 640.00 Cr

Regional Segment Analysis

FY End:

Mar 25

United Spirits Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (99.3%)₹ 27,039.00 CrOutside India (0.7%)₹ 181.00 Cr

Historical Segment Analysis

Track how United Spirits Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31

Beverage alcohol	212	174	134	137
Beverage alcohol	212	174	134	137

Frequently Asked Questions

What is the revenue of United Spirits Ltd.?

The latest trailing twelve month revenue of United Spirits Ltd. is ₹ 12,467.00 Cr, reflecting a 1-year growth of 3.30% and a 3-year CAGR of 5.52%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of United Spirits Ltd.?

The latest trailing twelve month net profit (PAT) of United Spirits Ltd. is ₹ 1,838.00 Cr, with a 3-year earnings CAGR of 14.56%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of United Spirits Ltd.?

The trailing twelve month EBITDA of United Spirits Ltd. is approximately ₹ 1,997.00 Cr (based on an operating margin of 16.02%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of United Spirits Ltd.?

The trailing twelve month Earnings Per Share (EPS) of United Spirits Ltd. is 24.07. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of United Spirits Ltd.?

The debt-to-equity ratio of United Spirits Ltd. stands at 0.05. The interest coverage ratio is 12.64x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of United Spirits Ltd.?

The estimated book value per share of United Spirits Ltd. is 123.09 (derived from a P/B ratio of 11.45 and market price of ₹ 1,408.80), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of United Spirits Ltd.?

The trailing twelve month operating cash flow of United Spirits Ltd. is ₹ 1,485.00 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does United Spirits Ltd. report consolidated or standalone financials?

United Spirits Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.