Tech Mahindra Limited (TECHM) — Financial Flexibility Index
Tech Mahindra Limited (TECHM) has a Financial Flexibility Index of 0.20x as of September 2025. Free cash flow of Rs35.11 Billion (operating CF Rs31.69 Billion minus capex Rs3.42 Billion) represents 0% of total liabilities (Rs178.75 Billion). Check TECHM PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Tech Mahindra Limited Financial Flexibility Index (2005–2026)
Historical Financial Flexibility Index trend for Tech Mahindra Limited across 22 annual periods. See TECHM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Tech Mahindra Limited (2005–2026)
Year-by-year free cash flow to debt coverage for Tech Mahindra Limited. For the full company profile including market capitalisation, see TECHM stock market capitalisation.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.36x | Rs68.68 Billion | Rs61.72 Billion | Rs192.92 Billion | ▼ -6.8% |
| 2025 | 0.38x | Rs63.79 Billion | Rs57.86 Billion | Rs167.03 Billion | ▼ -13.3% |
| 2024 | 0.44x | Rs71.67 Billion | Rs63.76 Billion | Rs162.77 Billion | ▲ +18.7% |
| 2023 | 0.37x | Rs65.87 Billion | Rs55.72 Billion | Rs177.59 Billion | ▲ +3.9% |
| 2022 | 0.36x | Rs62.44 Billion | Rs52.85 Billion | Rs174.90 Billion | ▼ -41.2% |
| 2021 | 0.61x | Rs87.60 Billion | Rs80.94 Billion | Rs144.34 Billion | ▲ +76.7% |
| 2020 | 0.34x | Rs52.03 Billion | Rs43.58 Billion | Rs151.47 Billion | ▼ -16.8% |
| 2019 | 0.41x | Rs52.37 Billion | Rs44.32 Billion | Rs126.85 Billion | ▲ +0.1% |
| 2018 | 0.41x | Rs45.70 Billion | Rs35.53 Billion | Rs110.85 Billion | ▼ -21.9% |
| 2017 | 0.53x | Rs48.40 Billion | Rs40.71 Billion | Rs91.65 Billion | ▼ -1.1% |
| 2016 | 0.53x | Rs41.32 Billion | Rs32.13 Billion | Rs77.41 Billion | ▲ +12.4% |
| 2015 | 0.47x | Rs35.32 Billion | Rs24.09 Billion | Rs74.39 Billion | ▲ +24.0% |
| 2014 | 0.38x | Rs25.33 Billion | Rs15.93 Billion | Rs66.14 Billion | ▲ +27.7% |
| 2013 | 0.30x | Rs10.34 Billion | Rs8.55 Billion | Rs34.50 Billion | ▼ -14.7% |
| 2012 | 0.35x | Rs10.07 Billion | Rs7.12 Billion | Rs28.68 Billion | ▲ +52.4% |
| 2011 | 0.23x | Rs6.17 Billion | Rs4.64 Billion | Rs26.77 Billion | ▼ -62.8% |
| 2010 | 0.62x | Rs18.61 Billion | Rs14.50 Billion | Rs30.01 Billion | ▼ -62.6% |
| 2009 | 1.66x | Rs14.74 Billion | Rs12.22 Billion | Rs8.89 Billion | ▲ +265.6% |
| 2008 | 0.45x | Rs4.34 Billion | Rs1.95 Billion | Rs9.57 Billion | ▲ +30.8% |
| 2007 | 0.35x | Rs2.28 Billion | Rs336.69 Million | Rs6.57 Billion | ▼ -18.7% |
| 2006 | 0.43x | Rs1.72 Billion | Rs1.33 Billion | Rs4.04 Billion | ▼ -41.8% |
| 2005 | 0.73x | Rs2.96 Billion | Rs2.41 Billion | Rs4.04 Billion | — |