Tata Consultancy Services Limited (TCS) — Cash Flow Quality Index
Tata Consultancy Services Limited (TCS) has a Cash Flow Quality Index of 0.92x as of June 2026. Operating cash flow of Rs123.02 Billion is below net income of Rs133.49 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Tata Consultancy Services Limited to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Tata Consultancy Services Limited Cash Flow Quality Index (2005–2026)
Historical Cash Flow Quality Index for Tata Consultancy Services Limited across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tata Consultancy Services Limited operating cash flow efficiency.
Annual Cash Flow Quality Index for Tata Consultancy Services Limited (2005–2026)
Year-by-year earnings quality comparison for Tata Consultancy Services Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.10x | Rs542.85 Billion | Rs492.10 Billion | ▲ +10.1% |
| 2025 | 1.00x | Rs489.08 Billion | Rs487.97 Billion | ▲ +4.2% |
| 2024 | 0.96x | Rs443.38 Billion | Rs460.99 Billion | ▼ -3.0% |
| 2023 | 0.99x | Rs419.65 Billion | Rs423.03 Billion | ▼ -4.5% |
| 2022 | 1.04x | Rs399.49 Billion | Rs384.49 Billion | ▼ -12.8% |
| 2021 | 1.19x | Rs388.02 Billion | Rs325.62 Billion | ▲ +19.5% |
| 2020 | 1.00x | Rs323.69 Billion | Rs324.47 Billion | ▲ +10.1% |
| 2019 | 0.91x | Rs285.93 Billion | Rs315.62 Billion | ▼ -6.5% |
| 2018 | 0.97x | Rs250.67 Billion | Rs258.80 Billion | ▲ +1.2% |
| 2017 | 0.96x | Rs252.23 Billion | Rs263.57 Billion | ▲ +21.9% |
| 2016 | 0.79x | Rs191.09 Billion | Rs243.38 Billion | ▲ +6.6% |
| 2015 | 0.74x | Rs193.69 Billion | Rs262.98 Billion | ▲ +26.8% |
| 2014 | 0.58x | Rs147.51 Billion | Rs254.02 Billion | ▼ -9.6% |
| 2013 | 0.64x | Rs116.15 Billion | Rs180.90 Billion | ▲ +28.1% |
| 2012 | 0.50x | Rs69.77 Billion | Rs139.23 Billion | ▼ -16.5% |
| 2011 | 0.60x | Rs66.14 Billion | Rs110.21 Billion | ▼ -32.8% |
| 2010 | 0.89x | Rs74.06 Billion | Rs82.90 Billion | ▲ +1.6% |
| 2009 | 0.88x | Rs54.09 Billion | Rs61.50 Billion | ▲ +32.0% |
| 2008 | 0.67x | Rs38.95 Billion | Rs58.46 Billion | ▼ -5.6% |
| 2007 | 0.71x | Rs34.72 Billion | Rs49.18 Billion | ▼ -0.5% |
| 2006 | 0.71x | Rs24.88 Billion | Rs35.07 Billion | ▼ -10.7% |
| 2005 | 0.79x | Rs20.92 Billion | Rs26.34 Billion | — |