Tata Consultancy Services Limited (TCS) — Financial Flexibility Index
Tata Consultancy Services Limited (TCS) has a Financial Flexibility Index of 0.21x as of March 2026. Free cash flow of Rs156.72 Billion (operating CF Rs145.32 Billion minus capex Rs11.40 Billion) represents 0% of total liabilities (Rs737.68 Billion). Check Tata Consultancy Services Limited (TCS) strategic investment index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Tata Consultancy Services Limited Financial Flexibility Index (2005–2026)
Historical Financial Flexibility Index trend for Tata Consultancy Services Limited across 22 annual periods. See Tata Consultancy Services Limited (TCS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Tata Consultancy Services Limited (2005–2026)
Year-by-year free cash flow to debt coverage for Tata Consultancy Services Limited. For the full company profile including market capitalisation, see TCS market cap.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.79x | Rs580.64 Billion | Rs542.85 Billion | Rs737.68 Billion | ▼ -4.9% |
| 2025 | 0.83x | Rs528.45 Billion | Rs489.08 Billion | Rs638.58 Billion | ▼ -3.0% |
| 2024 | 0.85x | Rs470.12 Billion | Rs443.38 Billion | Rs551.30 Billion | ▼ -0.8% |
| 2023 | 0.86x | Rs450.65 Billion | Rs419.65 Billion | Rs524.45 Billion | ▲ +3.4% |
| 2022 | 0.83x | Rs429.44 Billion | Rs399.49 Billion | Rs516.68 Billion | ▼ -13.6% |
| 2021 | 0.96x | Rs419.78 Billion | Rs388.02 Billion | Rs436.51 Billion | ▼ -2.4% |
| 2020 | 0.99x | Rs356.18 Billion | Rs323.69 Billion | Rs361.50 Billion | ▼ -19.9% |
| 2019 | 1.23x | Rs308.24 Billion | Rs285.93 Billion | Rs250.44 Billion | ▼ -5.1% |
| 2018 | 1.30x | Rs269.29 Billion | Rs250.67 Billion | Rs207.66 Billion | ▼ -20.6% |
| 2017 | 1.63x | Rs272.13 Billion | Rs252.23 Billion | Rs166.72 Billion | ▲ +36.7% |
| 2016 | 1.19x | Rs210.99 Billion | Rs191.09 Billion | Rs176.69 Billion | ▲ +17.2% |
| 2015 | 1.02x | Rs223.18 Billion | Rs193.69 Billion | Rs218.98 Billion | ▼ -1.7% |
| 2014 | 1.04x | Rs178.78 Billion | Rs147.51 Billion | Rs172.35 Billion | ▼ -6.6% |
| 2013 | 1.11x | Rs142.53 Billion | Rs116.15 Billion | Rs128.27 Billion | ▼ -4.5% |
| 2012 | 1.16x | Rs89.84 Billion | Rs69.77 Billion | Rs77.18 Billion | ▲ +18.1% |
| 2011 | 0.99x | Rs84.41 Billion | Rs66.14 Billion | Rs85.66 Billion | ▼ -22.3% |
| 2010 | 1.27x | Rs84.51 Billion | Rs74.06 Billion | Rs66.60 Billion | ▼ -2.2% |
| 2009 | 1.30x | Rs65.56 Billion | Rs54.09 Billion | Rs50.52 Billion | ▲ +2.3% |
| 2008 | 1.27x | Rs51.66 Billion | Rs38.95 Billion | Rs40.74 Billion | ▼ -33.9% |
| 2007 | 1.92x | Rs47.20 Billion | Rs34.72 Billion | Rs24.62 Billion | ▲ +48.6% |
| 2006 | 1.29x | Rs31.47 Billion | Rs24.88 Billion | Rs24.38 Billion | ▼ -9.6% |
| 2005 | 1.43x | Rs24.60 Billion | Rs20.92 Billion | Rs17.23 Billion | — |