ICRA Limited (ICRA) — Free Cash Flow Generation Index
ICRA Limited (ICRA) has a Free Cash Flow Generation Index of 0.94x as of September 2025. Free cash flow of Rs730.71 Million represents 1% of operating cash flow (Rs779.99 Million). Explore ICRA capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
ICRA Limited Free Cash Flow Generation Index (2002–2025)
Historical FCF Generation Index trend for ICRA Limited across 24 annual periods. For the full cash flow conversion analysis, see ICRA Limited cash flow conversion.
Annual Free Cash Flow Generation for ICRA Limited (2002–2025)
Year-by-year Free Cash Flow Generation Index for ICRA Limited. Check total reinvestment intensity of ICRA Limited to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.91x | Rs1.32 Billion | Rs1.45 Billion | Rs124.12 Million | ▼ -2.3% |
| 2024 | 0.94x | Rs1.00 Billion | Rs1.07 Billion | Rs68.97 Million | ▲ +3.0% |
| 2023 | 0.91x | Rs901.70 Million | Rs992.58 Million | Rs90.88 Million | ▼ -4.0% |
| 2022 | 0.95x | Rs921.54 Million | Rs973.75 Million | Rs52.22 Million | ▼ -0.8% |
| 2021 | 0.95x | Rs728.71 Million | Rs763.84 Million | Rs35.13 Million | ▲ +17.8% |
| 2020 | 0.81x | Rs172.58 Million | Rs213.19 Million | Rs40.61 Million | ▼ -14.0% |
| 2019 | 0.94x | Rs761.41 Million | Rs808.54 Million | Rs47.13 Million | ▲ +0.1% |
| 2018 | 0.94x | Rs582.32 Million | Rs619.00 Million | Rs36.68 Million | ▲ +3.3% |
| 2017 | 0.91x | Rs582.21 Million | Rs639.53 Million | Rs57.32 Million | ▲ +6.6% |
| 2016 | 0.85x | Rs608.19 Million | Rs711.89 Million | Rs103.70 Million | ▲ +16.1% |
| 2015 | 0.74x | Rs500.65 Million | Rs680.64 Million | Rs179.99 Million | ▲ +32.9% |
| 2014 | 0.55x | Rs461.36 Million | Rs833.78 Million | Rs372.42 Million | ▼ -28.9% |
| 2013 | 0.78x | Rs186.50 Million | Rs239.67 Million | Rs53.16 Million | ▼ -13.1% |
| 2012 | 0.90x | Rs348.94 Million | Rs389.82 Million | Rs40.88 Million | ▼ -0.6% |
| 2011 | 0.90x | Rs428.16 Million | Rs475.41 Million | Rs47.25 Million | ▲ +5.2% |
| 2010 | 0.86x | Rs357.16 Million | Rs417.33 Million | Rs60.18 Million | ▼ -6.3% |
| 2009 | 0.91x | Rs351.00 Million | Rs384.20 Million | Rs33.20 Million | ▲ +7.4% |
| 2008 | 0.85x | Rs266.45 Million | Rs313.29 Million | Rs46.84 Million | ▲ +41.6% |
| 2007 | 0.60x | Rs95.54 Million | Rs159.12 Million | Rs63.57 Million | ▼ -9.2% |
| 2006 | 0.66x | Rs61.07 Million | Rs92.38 Million | Rs31.31 Million | ▲ +236.2% |
| 2005 | -0.49x | Rs-20.71 Million | Rs42.66 Million | Rs63.37 Million | ▼ -142.2% |
| 2004 | 1.15x | Rs74.73 Million | Rs64.93 Million | Rs9.80 Million | ▼ -12.0% |
| 2003 | 1.31x | Rs69.29 Million | Rs52.96 Million | Rs16.33 Million | ▼ -0.6% |
| 2002 | 1.32x | Rs63.74 Million | Rs48.45 Million | Rs15.29 Million | — |