Max Financial Services Limited (MFSL) — Cash Flow Reinvestment Rate
Max Financial Services Limited (MFSL) has a Cash Flow Reinvestment Rate of 0.08x as of September 2025, reinvesting Rs1.29 Billion (capex Rs1.29 Billion ) from operating cash flow of Rs16.90 Billion. See Max Financial Services Limited free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Max Financial Services Limited Cash Flow Reinvestment Rate (2004–2026)
Historical reinvestment intensity for Max Financial Services Limited across 23 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Max Financial Services Limited.
Annual Cash Flow Reinvestment Rate for Max Financial Services Limited (2004–2026)
Year-by-year capital reinvestment analysis for Max Financial Services Limited. See MFSL financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (INR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2026 | 1.84x | Rs210.97 Billion | Rs114.73 Billion | Rs2.44 Billion | ▲ +54.8% |
| 2025 | 1.19x | Rs99.21 Billion | Rs83.52 Billion | Rs2.18 Billion | ▲ +38.8% |
| 2024 | 0.86x | Rs52.27 Billion | Rs61.07 Billion | Rs2.23 Billion | ▼ -9.7% |
| 2023 | 0.95x | Rs94.02 Billion | Rs99.22 Billion | Rs1.74 Billion | ▼ -45.4% |
| 2022 | 1.74x | Rs147.41 Billion | Rs84.96 Billion | Rs1.28 Billion | ▲ +15.6% |
| 2021 | 1.50x | Rs129.39 Billion | Rs86.21 Billion | Rs829.39 Million | ▲ +60.6% |
| 2020 | 0.93x | Rs88.47 Billion | Rs94.68 Billion | Rs1.28 Billion | ▼ -5.1% |
| 2019 | 0.98x | Rs86.88 Billion | Rs88.26 Billion | Rs1.00 Billion | ▼ -0.3% |
| 2018 | 0.99x | Rs68.63 Billion | Rs69.51 Billion | Rs491.88 Million | ▼ -32.5% |
| 2017 | 1.46x | Rs62.35 Billion | Rs42.66 Billion | Rs810.69 Million | ▲ +0.7% |
| 2016 | 1.45x | Rs55.21 Billion | Rs38.02 Billion | Rs887.34 Million | ▼ -17.0% |
| 2015 | 1.75x | Rs45.11 Billion | Rs25.79 Billion | Rs3.27 Billion | ▲ +18.6% |
| 2014 | 1.47x | Rs32.12 Billion | Rs21.78 Billion | Rs3.07 Billion | ▲ +1006.5% |
| 2013 | 0.13x | Rs2.59 Billion | Rs19.41 Billion | Rs2.59 Billion | ▲ +14.7% |
| 2012 | 0.12x | Rs3.32 Billion | Rs28.54 Billion | Rs3.32 Billion | ▼ -8.6% |
| 2011 | 0.13x | Rs3.41 Billion | Rs26.81 Billion | Rs3.41 Billion | ▲ +76.8% |
| 2010 | 0.07x | Rs1.77 Billion | Rs24.67 Billion | Rs1.77 Billion | ▼ -63.6% |
| 2009 | 0.20x | Rs3.01 Billion | Rs15.24 Billion | Rs3.01 Billion | ▲ +47.1% |
| 2008 | 0.13x | Rs1.88 Billion | Rs14.00 Billion | Rs1.88 Billion | ▼ -63.1% |
| 2007 | 0.36x | Rs2.41 Billion | Rs6.62 Billion | Rs2.41 Billion | ▼ -17.1% |
| 2006 | 0.44x | Rs1.11 Billion | Rs2.52 Billion | Rs1.11 Billion | ▼ -66.1% |
| 2005 | 1.30x | Rs688.10 Million | Rs530.62 Million | Rs688.10 Million | ▼ -35.6% |
| 2004 | 2.01x | Rs538.06 Million | Rs267.30 Million | Rs538.06 Million | — |