HCL Technologies Limited (HCLTECH) — Cash Flow Quality Index
HCL Technologies Limited (HCLTECH) has a Cash Flow Quality Index of 1.40x as of September 2025. Operating cash flow of Rs60.23 Billion exceeds net income of Rs43.17 Billion, indicating high earnings quality where cash backs reported profits. Explore HCLTECH cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
HCL Technologies Limited Cash Flow Quality Index (2004–2026)
Historical Cash Flow Quality Index for HCL Technologies Limited across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HCL Technologies Limited (HCLTECH) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for HCL Technologies Limited (2004–2026)
Year-by-year earnings quality comparison for HCL Technologies Limited. For live market cap and the full company financial profile, see HCL Technologies Limited stock valuation.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.28x | Rs213.59 Billion | Rs166.42 Billion | ▲ +0.5% |
| 2025 | 1.28x | Rs222.61 Billion | Rs174.37 Billion | ▲ +19.2% |
| 2024 | 1.07x | Rs224.48 Billion | Rs209.67 Billion | ▲ +15.9% |
| 2023 | 0.92x | Rs180.09 Billion | Rs194.88 Billion | ▼ -7.3% |
| 2022 | 1.00x | Rs2.23 Billion | Rs2.24 Billion | ▼ -19.4% |
| 2021 | 1.24x | Rs2.67 Billion | Rs2.16 Billion | ▲ +29.5% |
| 2020 | 0.96x | Rs1.77 Billion | Rs1.85 Billion | ▲ +34.4% |
| 2019 | 0.71x | Rs89.71 Billion | Rs126.22 Billion | ▼ -5.9% |
| 2018 | 0.76x | Rs83.28 Billion | Rs110.24 Billion | ▼ -11.5% |
| 2017 | 0.85x | Rs89.95 Billion | Rs105.42 Billion | ▲ +41.8% |
| 2016 | 0.60x | Rs44.60 Billion | Rs74.14 Billion | ▼ -28.1% |
| 2015 | 0.84x | Rs974.04 Million | Rs1.16 Billion | ▲ +37.8% |
| 2015 | 0.61x | Rs55.39 Billion | Rs91.17 Billion | ▼ -25.5% |
| 2014 | 0.82x | Rs64.57 Billion | Rs79.17 Billion | ▼ -4.3% |
| 2013 | 0.85x | Rs44.92 Billion | Rs52.70 Billion | ▲ +7.1% |
| 2012 | 0.80x | Rs25.53 Billion | Rs32.10 Billion | ▼ -3.7% |
| 2011 | 0.83x | Rs17.63 Billion | Rs21.35 Billion | ▼ -32.1% |
| 2010 | 1.22x | Rs17.91 Billion | Rs14.72 Billion | ▲ +74.8% |
| 2009 | 0.70x | Rs11.18 Billion | Rs16.06 Billion | ▼ -39.0% |
| 2008 | 1.14x | Rs13.49 Billion | Rs11.83 Billion | ▲ +50.8% |
| 2007 | 0.76x | Rs10.80 Billion | Rs14.28 Billion | ▼ -18.8% |
| 2006 | 0.93x | Rs7.54 Billion | Rs8.09 Billion | ▲ +12.0% |
| 2005 | 0.83x | Rs5.95 Billion | Rs7.16 Billion | ▼ -96.8% |
| 2004 | 25.70x | Rs4.82 Billion | Rs187.37 Million | — |