Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).
M&M Free Cash Flow Analysis
Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.
Free Cash Flow = Operating Cash Flow - Capital Expenditures
Using above formula to calculate Free Cash Flow for Mahindra & Mahindra Limited (M&M), the free cash flow value is -72.16B.
All amounts in INR
Mahindra & Mahindra Limited has a negative free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).
M&M Cash Flow Statement History
Following table shows the history of Cash Flow Statements sheet for Mahindra & Mahindra Limited (NSE:M&M).
| 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | |
|---|---|---|---|---|
| Total Cash From Operating Activities | 92,475,500,000 | -70,740,200,000 | -56,299,500,000 | 31,758,100,000 |
| Capital Expenditures | [object Object] | [object Object] | [object Object] | [object Object] |
| Investing Cash Flow | -32,258,200,000 | -85,472,600,000 | -55,977,700,000 | -186,261,100,000 |
| Financing Cash Flow | -58,826,000,000 | 159,461,100,000 | 122,814,100,000 | 158,341,100,000 |
| Free Cash Flow | 32,077,500,000 | -133,785,900,000 | -155,759,400,000 | -72,161,400,000 |
| Stock Based Compensation | 1,052,500,000 | 1,397,500,000 | 1,288,600,000 | 1,201,500,000 |
| Net Short Term Debt Issuance | -2,852,100,000 | 5,167,100,000 | -3,620,300,000 | -4,621,600,000 |
| Repayment Of Debt | -569,377,800,000 | -375,722,900,000 | -464,431,900,000 | -642,270,600,000 |
| Net Issuance Payments Of Debt | -33,430,500,000 | 185,668,300,000 | 145,026,200,000 | 179,004,200,000 |
| Issuance Of Capital Stock | 9,200,000 | 4,005,300,000 | 16,005,100,000 | 20,507,300,000 |
| Taxes Refund Paid | -15,604,200,000 | -27,748,700,000 | -39,961,000,000 | -47,606,900,000 |
| Net P P E Purchase And Sale | -59,198,600,000 | -61,667,900,000 | -96,727,600,000 | -98,089,900,000 |
| Sale Of P P E | 1,199,400,000 | 1,377,800,000 | 2,732,300,000 | 5,829,600,000 |
| Long Term Debt Issuance | 538,799,400,000 | 556,224,100,000 | 613,078,400,000 | 825,896,400,000 |
| Beginning Cash Position | ||||
| End Cash Position | ||||
| Changes In Cash | ||||
| Other Non Cash Items | ||||
| Cash Dividends Paid | ||||
| Gain Loss On Investment Securities | ||||
| Effect Of Exchange Rate Changes | ||||
| Issuance Of Debt | ||||
| Gain Loss On Sale Of P P E | ||||
| Long Term Debt Payments | ||||
| Purchase Of P P E | ||||
| Operating Cash Flow | 92,475,500,000 | -70,740,200,000 | -56,299,500,000 | 31,758,100,000 |
| Capital Expenditure | -60,398,000,000 | -63,045,700,000 | -99,459,900,000 | -103,919,500,000 |
| Net Income From Continuing Operations |