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

Latest as of June 2026: 0.111x

Based on the latest financial reports, Tata Consultancy Services Limited (TCS) has a cash flow conversion efficiency ratio of 0.111x as of June 2026. 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 (Rs123.02 Billion ≈ $1.33 Billion USD) by net assets (Rs1.11 Trillion ≈ $11.96 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see TCS market cap for the company's overall valuation and market capitalisation.

Tata Consultancy Services Limited - Cash Flow Conversion Efficiency Trend (2005–2026)

This chart illustrates how Tata Consultancy Services Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore Tata Consultancy Services Limited cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Industrial and Commercial Bank of China Limited F:ICK	0.325x
National Grid PLC ADR NYSE:NGG	0.088x
Midea Group Co Ltd SHE:000333	0.098x
Eoptolink Technology Inc Ltd SHE:300502	0.180x
Intuit Inc NASDAQ:INTU	0.257x
Barclays PLC MX:BCSN	N/A
Johnson Controls International PLC NYSE:JCI	0.118x
Waste Management Inc NYSE:WM	0.174x

Annual Cash Flow Conversion Efficiency for Tata Consultancy Services Limited (2005–2026)

The table below shows the annual cash flow conversion efficiency of Tata Consultancy Services Limited from 2005 to 2026. View TCS share price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs1.09 Trillion ≈ $11.75 Billion	Rs542.85 Billion ≈ $5.87 Billion	0.500x	-2.12%
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

$85.69 Billion

Rs7.92 Trillion INR

Market Cap Rank

#309 Global

#3 in India

Share Price

Rs2190.00

Change (1 day)

+0.05%

52-Week Range

Rs1982.60 - Rs3324.90

All Time High

Rs4542.67