United Breweries Limited (BOM:532478)

United Breweries Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	4,844	4,132	4,417	4,100	3,040	3,655
Depreciation & Amortization	3,198	2,718	2,329	2,119	2,106	2,172
Other Amortization	1.7	1.7	0.5	-	-	-
Loss (Gain) From Sale of Assets	-740.5	-740.1	-0.4	-3.7	-13.5	-0.8
Asset Writedown & Restructuring Costs	-	-	-	-	331.2	-
Loss (Gain) From Sale of Investments	-	-	-	-	-	-5.4
Stock-Based Compensation	-	-	59.3	-	-	-
Provision & Write-off of Bad Debts	-39.8	46	109.9	123	81.4	180.4
Other Operating Activities	-390.3	-230.6	-344.5	-399.1	-580.3	1.6
Change in Accounts Receivable	-3,295	-865.2	-5,586	-9,188	-1,613	1,217
Change in Inventory	-1,903	-5,339	-2,477	590.7	-4,920	2,009
Change in Accounts Payable	6,246	3,251	5,096	2,260	842.5	167.6
Change in Other Net Operating Assets	-41.4	1,375	-1,469	1,092	-469.5	-399.3
Operating Cash Flow	7,880	4,350	2,135	695	-1,196	8,996
Operating Cash Flow Growth	74.06%	103.69%	207.25%	-	-	45.03%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-3,976	-5,117	-2,583	-1,915	-1,563	-1,736
Sale of Property, Plant & Equipment	794.7	791.1	1.4	8.2	19.8	7.7
Investment in Securities	6.7	15.6	13.4	-9.8	-0.5	-22.6
Other Investing Activities	347.9	220	190.6	438.5	335.2	149.7
Investing Cash Flow	-2,826	-4,091	-2,378	-1,478	-1,208	-1,601

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	6,004	4,974	774.1	-	-
Total Debt Issued	10,031	6,004	4,974	774.1	-	-
Short-Term Debt Repaid	-	-	-	-	-	-1.7
Long-Term Debt Repaid	-	-2,054	-95.3	-72.7	-99.8	-2,549
Lease Payments	-2,131	-2,054	-95.3	-72.7	-99.8	-49.2
Total Debt Repaid	-8,634	-2,054	-95.3	-72.7	-99.8	-2,551
Net Debt Issued (Repaid)	1,397	3,950	4,879	701.4	-99.8	-2,551
Common Dividends Paid	-2,488	-2,487	-2,446	-1,983	-2,776	-132.1
Dividends Paid	-2,488	-2,487	-2,446	-1,983	-2,776	-132.1
Other Financing Activities	-773.2	-547.8	-63.7	57.5	-47.4	-183.5
Financing Cash Flow	-1,864	915.1	2,370	-1,224	-2,923	-2,867

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	16.6	7.5	-	-	-	-
Net Cash Flow	3,206	1,182	2,128	-2,007	-5,327	4,529

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	3,904	-767.7	-447.6	-1,220	-2,759	7,261
Free Cash Flow Growth	-	-	-	-	-	73.03%
Free Cash Flow Margin	3.64%	-0.83%	-0.50%	-1.50%	-3.68%	12.44%
Free Cash Flow Per Share	14.77	-2.90	-1.69	-4.61	-10.43	27.46
Levered Free Cash Flow	3,508	157.2	-267.31	-1,329	-2,320	7,234
Unlevered Free Cash Flow	4,093	582.51	-191.81	-1,287	-2,292	7,326
Free Cash Flow After Leases	1,773	-2,822	-542.9	-1,293	-2,858	7,212

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	545.5	545.5	61.4	-	-	181.2
Cash Income Tax Paid	2,144	2,144	1,919	1,388	1,397	1,301
Change in Working Capital	1,006	-1,577	-4,436	-5,245	-6,160	2,994

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 27, 2026

Data Sources Report a data error