Max India Limited (MAXIND) — Financial Flexibility Index
Max India Limited (MAXIND) has a Financial Flexibility Index of -0.07x as of September 2025. Free cash flow of Rs-259.70 Million (operating CF Rs-457.80 Million minus capex Rs198.10 Million) represents 0% of total liabilities (Rs3.71 Billion). Check MAXIND capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Max India Limited Financial Flexibility Index (2016–2026)
Historical Financial Flexibility Index trend for Max India Limited across 11 annual periods. For the full cash flow conversion analysis, see MAXIND operating cash flow.
Annual Financial Flexibility Index for Max India Limited (2016–2026)
Year-by-year free cash flow to debt coverage for Max India Limited. Explore Max India Limited debt service capacity to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | -0.13x | Rs-333.30 Million | Rs-846.60 Million | Rs2.61 Billion | ▲ +53.7% |
| 2025 | -0.28x | Rs-756.71 Million | Rs-1.12 Billion | Rs2.74 Billion | ▲ +28.0% |
| 2024 | -0.38x | Rs-735.93 Million | Rs-1.02 Billion | Rs1.92 Billion | ▼ -210.8% |
| 2023 | 0.35x | Rs730.70 Million | Rs694.10 Million | Rs2.11 Billion | ▲ +2.5% |
| 2022 | 0.34x | Rs731.96 Million | Rs664.96 Million | Rs2.17 Billion | ▲ +37.6% |
| 2021 | 0.25x | Rs844.18 Million | Rs726.67 Million | Rs3.44 Billion | ▼ -60.7% |
| 2020 | 0.62x | Rs1.98 Billion | Rs349.37 Million | Rs3.18 Billion | ▲ +307.5% |
| 2019 | 0.15x | Rs1.61 Billion | Rs-25.39 Million | Rs10.52 Billion | ▲ +110.6% |
| 2018 | 0.07x | Rs674.76 Million | Rs311.08 Million | Rs9.29 Billion | ▼ -78.6% |
| 2017 | 0.34x | Rs3.32 Billion | Rs778.25 Million | Rs9.77 Billion | ▲ +4.1% |
| 2016 | 0.33x | Rs4.03 Billion | Rs-175.66 Million | Rs12.36 Billion | — |