MRF Limited (MRF) — Free Cash Flow Generation Index
Latest as of September 2025:
0.67x
MRF Limited (MRF) has a Free Cash Flow Generation Index of 0.67x as of September 2025. Free cash flow of Rs12.52 Billion represents 1% of operating cash flow (Rs18.70 Billion). Read how much debt does MRF Limited carry for a breakdown of total debt and financial obligations.
FCF Generation Index
0.67x
Free Cash Flow / Operating CF
Free Cash Flow
Rs12.52 Billion
INR
Operating Cash Flow
Rs18.70 Billion
INR
Capital Expenditures
Rs6.19 Billion
INR
MRF Limited Free Cash Flow Generation Index (2004–2026)
Historical FCF Generation Index trend for MRF Limited across 21 annual periods. Explore MRF Limited (MRF) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for MRF Limited (2004–2026)
Year-by-year Free Cash Flow Generation Index for MRF Limited. For the full company profile including market capitalisation, see market value of MRF Limited.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.68x | Rs29.91 Billion | Rs44.26 Billion | Rs14.34 Billion | ▲ +125.6% |
| 2025 | 0.30x | Rs5.60 Billion | Rs18.68 Billion | Rs13.08 Billion | ▼ -13.1% |
| 2024 | 0.34x | Rs11.38 Billion | Rs33.01 Billion | Rs21.62 Billion | ▲ +277.4% |
| 2023 | -0.19x | Rs-5.36 Billion | Rs27.55 Billion | Rs32.91 Billion | ▼ -124.2% |
| 2021 | 0.80x | Rs34.72 Billion | Rs43.25 Billion | Rs8.53 Billion | ▲ +480.3% |
| 2020 | -0.21x | Rs-4.80 Billion | Rs22.73 Billion | Rs27.52 Billion | ▲ +62.8% |
| 2019 | -0.57x | Rs-7.11 Billion | Rs12.53 Billion | Rs19.64 Billion | ▼ -260.3% |
| 2018 | 0.35x | Rs8.59 Billion | Rs24.25 Billion | Rs15.67 Billion | ▲ +18.0% |
| 2017 | 0.30x | Rs5.86 Billion | Rs19.55 Billion | Rs13.69 Billion | ▲ +73.5% |
| 2016 | 0.17x | Rs4.82 Billion | Rs27.90 Billion | Rs23.08 Billion | ▼ -35.0% |
| 2014 | 0.27x | Rs4.52 Billion | Rs16.98 Billion | Rs12.46 Billion | ▼ -63.9% |
| 2013 | 0.74x | Rs10.51 Billion | Rs14.26 Billion | Rs3.76 Billion | ▲ +84.4% |
| 2012 | 0.40x | Rs4.13 Billion | Rs10.34 Billion | Rs6.21 Billion | ▲ +113.1% |
| 2011 | -3.06x | Rs-8.49 Billion | Rs2.77 Billion | Rs11.26 Billion | ▲ +31.9% |
| 2010 | -4.49x | Rs-7.11 Billion | Rs1.58 Billion | Rs8.70 Billion | ▼ -656.0% |
| 2009 | 0.81x | Rs6.85 Billion | Rs8.47 Billion | Rs1.62 Billion | ▲ +169.5% |
| 2008 | -1.16x | Rs-3.14 Billion | Rs2.70 Billion | Rs5.84 Billion | ▼ -1043.3% |
| 2007 | -0.10x | Rs-311.40 Million | Rs3.06 Billion | Rs3.37 Billion | ▼ -129.0% |
| 2006 | 0.35x | Rs963.80 Million | Rs2.75 Billion | Rs1.78 Billion | ▲ +116.0% |
| 2005 | -2.19x | Rs-1.76 Billion | Rs804.00 Million | Rs2.56 Billion | ▼ -146.5% |
| 2004 | -0.89x | Rs-889.10 Million | Rs1.00 Billion | Rs1.89 Billion | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).