Larsen & Toubro Limited Cash Flow Quality Index
Larsen & Toubro Limited cash flow quality index. Larsen & Toubro Limited (LT) has a Cash Flow Quality Index of 0.51x as of September 2025. Operating cash flow of Rs38.16 Billion is below net income of Rs75.43 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Larsen & Toubro Limited cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Larsen & Toubro Limited (2002–2026)
Cash flow quality index of Larsen & Toubro Limited from 2002 to 2026. Historical Cash Flow Quality Index for Larsen & Toubro Limited across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. See LT net asset quality index to measure how much of total assets are equity-financed.
Larsen & Toubro Limited Cash Flow Quality Index by Year (2002–2026)
Larsen & Toubro Limited cash flow quality index by year from 2002 to 2026. Year-by-year earnings quality comparison for Larsen & Toubro Limited. For the full cash flow conversion analysis, see LT cash flow conversion.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.05x | Rs168.20 Billion | Rs160.84 Billion | ▲ +163.8% |
| 2025 | 0.40x | Rs91.61 Billion | Rs231.04 Billion | ▼ -71.7% |
| 2024 | 1.40x | Rs182.66 Billion | Rs130.59 Billion | ▲ +4.2% |
| 2023 | 1.34x | Rs227.77 Billion | Rs169.73 Billion | ▲ +0.9% |
| 2022 | 1.33x | Rs191.64 Billion | Rs144.11 Billion | ▲ +34.0% |
| 2021 | 0.99x | Rs228.44 Billion | Rs230.26 Billion | ▲ +112.1% |
| 2020 | 0.47x | Rs66.94 Billion | Rs143.14 Billion | ▲ +241.6% |
| 2019 | -0.33x | Rs-47.17 Billion | Rs142.86 Billion | ▲ +62.1% |
| 2018 | -0.87x | Rs-100.31 Billion | Rs115.16 Billion | ▼ -222.5% |
| 2017 | 0.71x | Rs62.35 Billion | Rs87.66 Billion | ▲ +270.2% |
| 2016 | -0.42x | Rs-32.29 Billion | Rs77.29 Billion | ▼ -329.1% |
| 2015 | -0.10x | Rs-6.69 Billion | Rs68.70 Billion | ▲ +90.0% |
| 2014 | -0.97x | Rs-69.63 Billion | Rs71.49 Billion | ▼ -87.1% |
| 2013 | -0.52x | Rs-37.60 Billion | Rs72.23 Billion | ▲ +43.2% |
| 2012 | -0.92x | Rs-63.41 Billion | Rs69.17 Billion | ▼ -288.9% |
| 2011 | -0.24x | Rs-15.87 Billion | Rs67.32 Billion | ▼ -181.7% |
| 2010 | 0.29x | Rs21.18 Billion | Rs73.45 Billion | ▲ +153.5% |
| 2009 | 0.11x | Rs4.96 Billion | Rs43.60 Billion | ▲ +131.4% |
| 2008 | -0.36x | Rs-12.39 Billion | Rs34.19 Billion | ▼ -134.9% |
| 2007 | 1.04x | Rs23.28 Billion | Rs22.40 Billion | ▲ +28.9% |
| 2006 | 0.81x | Rs10.62 Billion | Rs13.17 Billion | ▲ +220.7% |
| 2005 | 0.25x | Rs3.53 Billion | Rs14.05 Billion | ▼ -59.5% |
| 2004 | 0.62x | Rs3.30 Billion | Rs5.33 Billion | ▼ -77.0% |
| 2003 | 2.70x | Rs11.67 Billion | Rs4.33 Billion | ▼ -29.6% |
| 2002 | 3.83x | Rs13.27 Billion | Rs3.47 Billion | — |