MRF Limited (MRF) — Free Cash Flow Generation Index
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). Explore capital reinvestment ratio of MRF Limited to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
MRF Limited Free Cash Flow Generation Index (2004–2026)
Historical FCF Generation Index trend for MRF Limited across 21 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of MRF Limited.
Annual Free Cash Flow Generation for MRF Limited (2004–2026)
Year-by-year Free Cash Flow Generation Index for MRF Limited. Check cash flow reinvestment rate of MRF Limited to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |