Max Financial Services Limited (MFSL) — Capital Reinvestment Ratio
Max Financial Services Limited (MFSL) has a Capital Reinvestment Ratio of 0.08x as of September 2025, meaning it reinvests 0% of its operating cash flow (Rs16.90 Billion) in capital expenditures (Rs1.29 Billion). See MFSL net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Max Financial Services Limited Capital Reinvestment Ratio (2004–2025)
This chart tracks Max Financial Services Limited's Capital Reinvestment Ratio across 22 annual periods. Check MFSL cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Max Financial Services Limited (2004–2025)
Year-by-year Capital Reinvestment Ratio for Max Financial Services Limited from 2004 to 2025. For live market cap and broader valuation context, see Max Financial Services Limited (MFSL) total market value.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.03x | Rs83.52 Billion | Rs2.18 Billion | ▼ -28.5% |
| 2024 | 0.04x | Rs61.07 Billion | Rs2.23 Billion | ▲ +108.2% |
| 2023 | 0.02x | Rs99.22 Billion | Rs1.74 Billion | ▲ +16.3% |
| 2022 | 0.02x | Rs84.96 Billion | Rs1.28 Billion | ▲ +56.6% |
| 2021 | 0.01x | Rs86.21 Billion | Rs829.39 Million | ▼ -28.7% |
| 2020 | 0.01x | Rs94.68 Billion | Rs1.28 Billion | ▲ +18.6% |
| 2019 | 0.01x | Rs88.26 Billion | Rs1.00 Billion | ▲ +60.8% |
| 2018 | 0.01x | Rs69.51 Billion | Rs491.88 Million | ▼ -62.8% |
| 2017 | 0.02x | Rs42.66 Billion | Rs810.69 Million | ▼ -18.6% |
| 2016 | 0.02x | Rs38.02 Billion | Rs887.34 Million | ▼ -81.6% |
| 2015 | 0.13x | Rs25.79 Billion | Rs3.27 Billion | ▼ -10.3% |
| 2014 | 0.14x | Rs21.78 Billion | Rs3.07 Billion | ▲ +5.8% |
| 2013 | 0.13x | Rs19.41 Billion | Rs2.59 Billion | ▲ +14.7% |
| 2012 | 0.12x | Rs28.54 Billion | Rs3.32 Billion | ▼ -8.6% |
| 2011 | 0.13x | Rs26.81 Billion | Rs3.41 Billion | ▲ +76.8% |
| 2010 | 0.07x | Rs24.67 Billion | Rs1.77 Billion | ▼ -63.6% |
| 2009 | 0.20x | Rs15.24 Billion | Rs3.01 Billion | ▲ +47.1% |
| 2008 | 0.13x | Rs14.00 Billion | Rs1.88 Billion | ▼ -63.1% |
| 2007 | 0.36x | Rs6.62 Billion | Rs2.41 Billion | ▼ -17.1% |
| 2006 | 0.44x | Rs2.52 Billion | Rs1.11 Billion | ▼ -66.1% |
| 2005 | 1.30x | Rs530.62 Million | Rs688.10 Million | ▼ -35.6% |
| 2004 | 2.01x | Rs267.30 Million | Rs538.06 Million | — |