Tata Consultancy Services Limited (TCS) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.121x

Based on the latest financial reports, Tata Consultancy Services Limited (TCS) has a cash flow conversion efficiency ratio of 0.121x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs138.22 Billion ≈ $1.49 Billion USD) by net assets (Rs1.15 Trillion ≈ $12.39 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Tata Consultancy Services Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Tata Consultancy Services Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Tata Consultancy Services Limited for a breakdown of total debt and financial obligations.

Tata Consultancy Services Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Tata Consultancy Services Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
HCA Holdings Inc NYSE:HCA	-0.851x
ROLLS ROYCE H.ADR/ LS-20 F:RRU1	N/A
Comcast Corp NASDAQ:CMCSA	0.091x
Equinor ASA OL:EQNR	0.494x
Hon Hai Precision Industry Co Ltd TW:2317	-0.039x
Western Digital Corporation NASDAQ:WDC	0.101x
Canadian Natural Resources Ltd TO:CNQ	0.097x
Howmet Aerospace Inc NYSE MKT:HWM	0.122x

Annual Cash Flow Conversion Efficiency for Tata Consultancy Services Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of Tata Consultancy Services Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see Tata Consultancy Services Limited (TCS) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs957.71 Billion ≈ $10.36 Billion	Rs489.08 Billion ≈ $5.29 Billion	0.511x	+5.18%
2024-03-31	Rs913.19 Billion ≈ $9.88 Billion	Rs443.38 Billion ≈ $4.79 Billion	0.486x	+5.52%
2023-03-31	Rs912.06 Billion ≈ $9.86 Billion	Rs419.65 Billion ≈ $4.54 Billion	0.460x	+3.48%
2022-03-31	Rs898.46 Billion ≈ $9.72 Billion	Rs399.49 Billion ≈ $4.32 Billion	0.445x	-0.18%
2021-03-31	Rs871.08 Billion ≈ $9.42 Billion	Rs388.02 Billion ≈ $4.20 Billion	0.445x	+16.63%
2020-03-31	Rs847.49 Billion ≈ $9.17 Billion	Rs323.69 Billion ≈ $3.50 Billion	0.382x	+20.09%
2019-03-31	Rs898.99 Billion ≈ $9.72 Billion	Rs285.93 Billion ≈ $3.09 Billion	0.318x	+8.52%
2018-03-31	Rs855.30 Billion ≈ $9.25 Billion	Rs250.67 Billion ≈ $2.71 Billion	0.293x	+0.60%
2017-03-31	Rs865.80 Billion ≈ $9.36 Billion	Rs252.23 Billion ≈ $2.73 Billion	0.291x	+8.89%
2016-03-31	Rs714.27 Billion ≈ $7.72 Billion	Rs191.09 Billion ≈ $2.07 Billion	0.268x	-28.50%
2015-03-31	Rs517.63 Billion ≈ $5.60 Billion	Rs193.69 Billion ≈ $2.09 Billion	0.374x	+26.58%
2014-03-31	Rs499.03 Billion ≈ $5.40 Billion	Rs147.51 Billion ≈ $1.60 Billion	0.296x	+0.12%
2013-03-31	Rs393.41 Billion ≈ $4.25 Billion	Rs116.15 Billion ≈ $1.26 Billion	0.295x	+5.63%
2012-03-31	Rs249.63 Billion ≈ $2.70 Billion	Rs69.77 Billion ≈ $754.55 Million	0.280x	-20.44%
2011-03-31	Rs188.28 Billion ≈ $2.04 Billion	Rs66.14 Billion ≈ $715.32 Million	0.351x	-24.22%
2010-03-31	Rs159.77 Billion ≈ $1.73 Billion	Rs74.06 Billion ≈ $800.96 Million	0.464x	+7.24%
2009-03-31	Rs125.13 Billion ≈ $1.35 Billion	Rs54.09 Billion ≈ $584.92 Million	0.432x	+0.57%
2008-03-31	Rs90.62 Billion ≈ $980.01 Million	Rs38.95 Billion ≈ $421.22 Million	0.430x	-23.70%
2007-03-31	Rs61.64 Billion ≈ $666.56 Million	Rs34.72 Billion ≈ $375.47 Million	0.563x	-35.45%
2006-03-31	Rs28.51 Billion ≈ $308.38 Million	Rs24.88 Billion ≈ $269.09 Million	0.873x	+48.80%
2005-03-31	Rs35.67 Billion ≈ $385.79 Million	Rs20.92 Billion ≈ $226.23 Million	0.586x	--

About Tata Consultancy Services Limited

NSE:TCS India Information Technology Services

Market Cap

$96.80 Billion

Rs8.95 Trillion INR

Market Cap Rank

#257 Global

#3 in India

Share Price

Rs2473.90

Change (1 day)

-0.03%

52-Week Range

Rs2358.90 - Rs3620.40

All Time High

Rs4542.67