NTPC Limited (NTPC) — Free Cash Flow Generation Index
Latest as of September 2025:
1.36x
NTPC Limited (NTPC) has a Free Cash Flow Generation Index of 1.36x as of September 2025. Free cash flow of Rs689.04 Billion represents 1% of operating cash flow (Rs504.91 Billion). See NTPC net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
1.36x
Free Cash Flow / Operating CF
Free Cash Flow
Rs689.04 Billion
INR
Operating Cash Flow
Rs504.91 Billion
INR
Capital Expenditures
Rs184.13 Billion
INR
NTPC Limited Free Cash Flow Generation Index (2005–2025)
Historical FCF Generation Index trend for NTPC Limited across 21 annual periods. Explore NTPC Limited (NTPC) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for NTPC Limited (2005–2025)
Year-by-year Free Cash Flow Generation Index for NTPC Limited. For the full company profile including market capitalisation, see NTPC market cap overview.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.18x | Rs91.53 Billion | Rs504.36 Billion | Rs412.83 Billion | ▼ -25.8% |
| 2024 | 0.24x | Rs99.69 Billion | Rs407.85 Billion | Rs308.16 Billion | ▼ -35.7% |
| 2023 | 0.38x | Rs152.33 Billion | Rs400.52 Billion | Rs248.19 Billion | ▼ -8.4% |
| 2022 | 0.42x | Rs173.44 Billion | Rs417.88 Billion | Rs244.44 Billion | ▲ +47.5% |
| 2021 | 0.28x | Rs91.32 Billion | Rs324.44 Billion | Rs233.12 Billion | ▲ +8.9% |
| 2020 | 0.26x | Rs63.53 Billion | Rs245.83 Billion | Rs182.30 Billion | ▲ +222.3% |
| 2019 | -0.21x | Rs-34.59 Billion | Rs163.67 Billion | Rs198.26 Billion | ▼ -562.8% |
| 2018 | 0.05x | Rs8.98 Billion | Rs196.63 Billion | Rs187.65 Billion | ▲ +124.6% |
| 2017 | -0.19x | Rs-38.17 Billion | Rs206.00 Billion | Rs244.17 Billion | ▲ +63.6% |
| 2016 | -0.51x | Rs-78.36 Billion | Rs154.11 Billion | Rs232.47 Billion | ▼ -69.2% |
| 2015 | -0.30x | Rs-44.31 Billion | Rs147.46 Billion | Rs191.77 Billion | ▼ -99.6% |
| 2014 | -0.15x | Rs-24.79 Billion | Rs164.69 Billion | Rs189.48 Billion | ▲ +36.3% |
| 2013 | -0.24x | Rs-38.98 Billion | Rs165.08 Billion | Rs204.06 Billion | ▼ -308.6% |
| 2012 | -0.06x | Rs-8.71 Billion | Rs150.62 Billion | Rs159.32 Billion | ▲ +58.0% |
| 2011 | -0.14x | Rs-16.61 Billion | Rs120.75 Billion | Rs137.36 Billion | ▲ +21.4% |
| 2010 | -0.17x | Rs-20.86 Billion | Rs119.23 Billion | Rs140.09 Billion | ▼ -62.5% |
| 2009 | -0.11x | Rs-11.03 Billion | Rs102.42 Billion | Rs113.44 Billion | ▼ -341.5% |
| 2008 | 0.04x | Rs4.64 Billion | Rs104.08 Billion | Rs99.44 Billion | ▲ +328.2% |
| 2007 | -0.02x | Rs-1.62 Billion | Rs83.06 Billion | Rs84.69 Billion | ▲ +95.9% |
| 2006 | -0.47x | Rs-29.78 Billion | Rs63.04 Billion | Rs92.82 Billion | ▼ -571.8% |
| 2005 | -0.07x | Rs-3.59 Billion | Rs51.02 Billion | Rs54.61 Billion | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).