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). Read Larsen & Toubro Limited balance sheet liabilities for a breakdown of total debt and financial obligations.
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. Explore Larsen & Toubro Limited (LT) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Larsen & Toubro Limited (2002–2026)
Year-by-year Free Cash Flow Generation Index for Larsen & Toubro Limited. For the full company profile including market capitalisation, see LT market cap overview.
| 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 | — |