Larsen & Toubro Limited (LT) — Free Cash Flow Generation Index
Larsen & Toubro Limited (LT) has a Free Cash Flow Generation Index of 0.30x as of September 2025. Free cash flow of Rs11.41 Billion represents 0% of operating cash flow (Rs38.16 Billion). Explore LT capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Larsen & Toubro Limited Free Cash Flow Generation Index (2002–2026)
Historical FCF Generation Index trend for Larsen & Toubro Limited across 16 annual periods. For the full cash flow conversion analysis, see LT cash generation efficiency.
Annual Free Cash Flow Generation for Larsen & Toubro Limited (2002–2026)
Year-by-year Free Cash Flow Generation Index for Larsen & Toubro Limited. Check cash flow reinvestment rate of Larsen & Toubro 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 |
|---|---|---|---|---|---|
| 2026 | 0.71x | Rs120.11 Billion | Rs168.20 Billion | Rs48.09 Billion | ▲ +38.0% |
| 2025 | 0.52x | Rs47.42 Billion | Rs91.61 Billion | Rs44.19 Billion | ▼ -31.2% |
| 2024 | 0.75x | Rs137.50 Billion | Rs182.66 Billion | Rs45.17 Billion | ▼ -8.0% |
| 2023 | 0.82x | Rs186.33 Billion | Rs227.77 Billion | Rs41.44 Billion | ▼ -2.3% |
| 2022 | 0.84x | Rs160.53 Billion | Rs191.64 Billion | Rs31.11 Billion | ▼ -9.0% |
| 2021 | 0.92x | Rs210.36 Billion | Rs228.44 Billion | Rs18.08 Billion | ▲ +89.3% |
| 2020 | 0.49x | Rs32.57 Billion | Rs66.94 Billion | Rs34.37 Billion | ▼ -6.8% |
| 2017 | 0.52x | Rs32.56 Billion | Rs62.35 Billion | Rs29.79 Billion | ▲ +145.7% |
| 2010 | -1.14x | Rs-24.22 Billion | Rs21.18 Billion | Rs45.40 Billion | ▲ +88.6% |
| 2009 | -10.04x | Rs-49.82 Billion | Rs4.96 Billion | Rs54.78 Billion | ▼ -6374.6% |
| 2007 | -0.16x | Rs-3.61 Billion | Rs23.28 Billion | Rs26.89 Billion | ▼ -543.4% |
| 2006 | -0.02x | Rs-256.00 Million | Rs10.62 Billion | Rs10.87 Billion | ▲ +86.6% |
| 2005 | -0.18x | Rs-637.40 Million | Rs3.53 Billion | Rs4.17 Billion | ▼ -124.9% |
| 2004 | 0.72x | Rs2.39 Billion | Rs3.30 Billion | Rs909.30 Million | ▼ -21.0% |
| 2003 | 0.92x | Rs10.71 Billion | Rs11.67 Billion | Rs963.70 Million | ▲ +15.4% |
| 2002 | 0.80x | Rs10.55 Billion | Rs13.27 Billion | Rs2.72 Billion | — |