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 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see Tech Mahindra Limited operating cash flow efficiency.
Annual Financial Flexibility Index for Tech Mahindra Limited (2005–2026)
Year-by-year free cash flow to debt coverage for Tech Mahindra Limited. Explore TECHM cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |