Max India Limited Financial Flexibility Index

Latest as of September 2025: -0.07x

Max India Limited 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). See how much free cash does Max India Limited generate to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

-0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs-259.70 Million
Operating CF − Capex

Total Liabilities

Rs3.71 Billion
INR

Capital Expenditures

Rs198.10 Million
INR

Financial Flexibility Index of Max India Limited (2016–2026)

Financial flexibility index of Max India Limited from 2016 to 2026. Historical Financial Flexibility Index trend for Max India Limited across 11 annual periods. Check cash flow quality index of Max India Limited to evaluate the quality of earnings relative to operating cash generation.

Max India Limited Financial Flexibility Index by Year (2016–2026)

Max India Limited financial flexibility index by year from 2016 to 2026. Year-by-year free cash flow to debt coverage for Max India Limited. For the full cash flow conversion analysis, see MAXIND cash flow metrics.

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 —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities