Tech Mahindra Limited (TECHM) — Cash Flow Quality Index
Tech Mahindra Limited (TECHM) has a Cash Flow Quality Index of 2.65x as of September 2025. Operating cash flow of Rs31.69 Billion exceeds net income of Rs11.95 Billion, indicating high earnings quality where cash backs reported profits. Explore TECHM operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Tech Mahindra Limited Cash Flow Quality Index (2005–2026)
Historical Cash Flow Quality Index for Tech Mahindra Limited across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tech Mahindra Limited cash flow conversion.
Annual Cash Flow Quality Index for Tech Mahindra Limited (2005–2026)
Year-by-year earnings quality comparison for Tech Mahindra Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.94x | Rs61.72 Billion | Rs65.73 Billion | ▼ -31.0% |
| 2025 | 1.36x | Rs57.86 Billion | Rs42.52 Billion | ▼ -49.7% |
| 2024 | 2.70x | Rs63.76 Billion | Rs23.58 Billion | ▲ +212.8% |
| 2023 | 0.86x | Rs55.72 Billion | Rs64.45 Billion | ▲ +21.9% |
| 2022 | 0.71x | Rs52.85 Billion | Rs74.52 Billion | ▼ -47.8% |
| 2021 | 1.36x | Rs80.94 Billion | Rs59.53 Billion | ▲ +57.8% |
| 2020 | 0.86x | Rs43.58 Billion | Rs50.58 Billion | ▲ +7.8% |
| 2019 | 0.80x | Rs44.32 Billion | Rs55.43 Billion | ▲ +9.8% |
| 2018 | 0.73x | Rs35.53 Billion | Rs48.79 Billion | ▼ -31.1% |
| 2017 | 1.06x | Rs40.71 Billion | Rs38.53 Billion | ▲ +32.1% |
| 2016 | 0.80x | Rs32.13 Billion | Rs40.17 Billion | ▲ +20.2% |
| 2015 | 0.67x | Rs24.09 Billion | Rs36.18 Billion | ▲ +54.4% |
| 2014 | 0.43x | Rs15.93 Billion | Rs36.95 Billion | ▼ -47.3% |
| 2013 | 0.82x | Rs8.55 Billion | Rs10.46 Billion | ▲ +26.2% |
| 2012 | 0.65x | Rs7.12 Billion | Rs10.99 Billion | ▲ +22.5% |
| 2011 | 0.53x | Rs4.64 Billion | Rs8.77 Billion | ▼ -74.4% |
| 2010 | 2.06x | Rs14.50 Billion | Rs7.03 Billion | ▲ +91.1% |
| 2009 | 1.08x | Rs12.22 Billion | Rs11.32 Billion | ▲ +124.2% |
| 2008 | 0.48x | Rs1.95 Billion | Rs4.04 Billion | ▲ +776.0% |
| 2007 | 0.05x | Rs336.69 Million | Rs6.13 Billion | ▼ -89.1% |
| 2006 | 0.51x | Rs1.33 Billion | Rs2.62 Billion | ▼ -76.6% |
| 2005 | 2.16x | Rs2.41 Billion | Rs1.11 Billion | — |