Mahanagar Gas Limited (MGL) — Financial Flexibility Index

Latest as of September 2025: 0.41x

Mahanagar Gas Limited (MGL) has a Financial Flexibility Index of 0.41x as of September 2025. Free cash flow of Rs9.99 Billion (operating CF Rs5.36 Billion minus capex Rs4.63 Billion) represents 0% of total liabilities (Rs24.41 Billion). Check MGL cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.41x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs9.99 Billion
Operating CF − Capex

Total Liabilities

Rs24.41 Billion
INR

Capital Expenditures

Rs4.63 Billion
INR

Mahanagar Gas Limited Financial Flexibility Index (2011–2026)

Historical Financial Flexibility Index trend for Mahanagar Gas Limited across 16 annual periods. For the full cash flow conversion analysis, see Mahanagar Gas Limited cash flow conversion.

Annual Financial Flexibility Index for Mahanagar Gas Limited (2011–2026)

Year-by-year free cash flow to debt coverage for Mahanagar Gas Limited. Explore Mahanagar Gas Limited (MGL) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (INR) Operating CF Total Liabilities YoY Change
2026 0.89x Rs22.54 Billion Rs11.78 Billion Rs25.40 Billion ▼ -18.6%
2025 1.09x Rs25.90 Billion Rs14.06 Billion Rs23.75 Billion ▲ +4.1%
2024 1.05x Rs23.51 Billion Rs15.68 Billion Rs22.46 Billion ▲ +18.1%
2023 0.89x Rs16.82 Billion Rs9.69 Billion Rs18.98 Billion ▼ -6.6%
2022 0.95x Rs15.53 Billion Rs9.04 Billion Rs16.36 Billion ▲ +13.4%
2021 0.84x Rs11.45 Billion Rs8.06 Billion Rs13.69 Billion ▼ -30.6%
2020 1.21x Rs14.18 Billion Rs9.83 Billion Rs11.76 Billion ▲ +20.0%
2019 1.00x Rs10.47 Billion Rs6.84 Billion Rs10.42 Billion ▼ -0.2%
2018 1.01x Rs9.21 Billion Rs6.52 Billion Rs9.15 Billion ▼ -1.7%
2017 1.02x Rs8.04 Billion Rs5.47 Billion Rs7.84 Billion ▲ +31.3%
2016 0.78x Rs6.47 Billion Rs4.25 Billion Rs8.28 Billion ▼ -29.6%
2015 1.11x Rs6.24 Billion Rs4.27 Billion Rs5.63 Billion ▲ +30.8%
2014 0.85x Rs5.74 Billion Rs3.98 Billion Rs6.77 Billion ▼ -23.5%
2013 1.11x Rs6.65 Billion Rs4.39 Billion Rs6.00 Billion ▼ -17.2%
2012 1.34x Rs6.41 Billion Rs4.28 Billion Rs4.79 Billion ▼ -7.3%
2011 1.44x Rs5.34 Billion Rs3.02 Billion Rs3.70 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities