ITC Limited (ITC) — Cash Flow Quality Index
Latest as of September 2025:
0.59x
ITC Limited (ITC) has a Cash Flow Quality Index of 0.59x as of September 2025. Operating cash flow of Rs61.63 Billion is below net income of Rs103.70 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of ITC Limited to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.59x
Operating CF / Net Income
Operating Cash Flow
Rs61.63 Billion
INR
Net Income
Rs103.70 Billion
INR
Data as of
Sep 2025
Most recent filing
ITC Limited Cash Flow Quality Index (2004–2026)
Historical Cash Flow Quality Index for ITC Limited across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ITC Limited (ITC) cash conversion ratio.
Annual Cash Flow Quality Index for ITC Limited (2004–2026)
Year-by-year earnings quality comparison for ITC Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.66x | Rs184.64 Billion | Rs280.33 Billion | ▲ +29.8% |
| 2025 | 0.51x | Rs176.27 Billion | Rs347.47 Billion | ▼ -39.6% |
| 2024 | 0.84x | Rs171.79 Billion | Rs204.59 Billion | ▲ +15.3% |
| 2023 | 0.73x | Rs188.78 Billion | Rs259.15 Billion | ▼ -4.2% |
| 2022 | 0.76x | Rs157.76 Billion | Rs207.40 Billion | ▲ +8.9% |
| 2021 | 0.70x | Rs125.27 Billion | Rs179.38 Billion | ▼ -4.8% |
| 2020 | 0.73x | Rs146.90 Billion | Rs200.35 Billion | ▲ +11.6% |
| 2019 | 0.66x | Rs125.83 Billion | Rs191.50 Billion | ▼ -13.1% |
| 2018 | 0.76x | Rs131.69 Billion | Rs174.09 Billion | ▲ +14.1% |
| 2017 | 0.66x | Rs106.27 Billion | Rs160.26 Billion | ▲ +3.6% |
| 2016 | 0.64x | Rs98.78 Billion | Rs154.33 Billion | ▼ -6.6% |
| 2015 | 0.69x | Rs98.43 Billion | Rs143.62 Billion | ▲ +21.8% |
| 2014 | 0.56x | Rs73.44 Billion | Rs130.52 Billion | ▼ -12.0% |
| 2013 | 0.64x | Rs71.02 Billion | Rs111.06 Billion | ▼ -1.9% |
| 2012 | 0.65x | Rs59.77 Billion | Rs91.68 Billion | ▼ -11.1% |
| 2011 | 0.73x | Rs54.54 Billion | Rs74.35 Billion | ▲ +3.1% |
| 2010 | 0.71x | Rs44.43 Billion | Rs62.46 Billion | ▲ +0.4% |
| 2009 | 0.71x | Rs35.34 Billion | Rs49.85 Billion | ▲ +10.2% |
| 2008 | 0.64x | Rs30.07 Billion | Rs46.75 Billion | ▲ +15.9% |
| 2007 | 0.56x | Rs22.48 Billion | Rs40.49 Billion | ▼ -10.6% |
| 2006 | 0.62x | Rs20.97 Billion | Rs33.77 Billion | ▲ +8.2% |
| 2005 | 0.57x | Rs15.87 Billion | Rs27.67 Billion | ▼ -31.4% |
| 2004 | 0.84x | Rs19.98 Billion | Rs23.92 Billion | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.