Tata Consultancy Services Limited (TCS) — Free Cash Flow Generation Index
Tata Consultancy Services Limited (TCS) has a Free Cash Flow Generation Index of 0.92x as of March 2026. Free cash flow of Rs133.92 Billion represents 1% of operating cash flow (Rs145.32 Billion). Read Tata Consultancy Services Limited (TCS) total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Tata Consultancy Services Limited Free Cash Flow Generation Index (2005–2026)
Historical FCF Generation Index trend for Tata Consultancy Services Limited across 22 annual periods. Explore TCS capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Tata Consultancy Services Limited (2005–2026)
Year-by-year Free Cash Flow Generation Index for Tata Consultancy Services Limited. For the full company profile including market capitalisation, see TCS stock market capitalisation.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.93x | Rs505.06 Billion | Rs542.85 Billion | Rs37.79 Billion | ▲ +1.2% |
| 2025 | 0.92x | Rs449.71 Billion | Rs489.08 Billion | Rs39.37 Billion | ▼ -2.1% |
| 2024 | 0.94x | Rs416.64 Billion | Rs443.38 Billion | Rs26.74 Billion | ▲ +1.5% |
| 2023 | 0.93x | Rs388.65 Billion | Rs419.65 Billion | Rs31.00 Billion | ▲ +0.1% |
| 2022 | 0.93x | Rs369.54 Billion | Rs399.49 Billion | Rs29.95 Billion | ▲ +0.7% |
| 2021 | 0.92x | Rs356.26 Billion | Rs388.02 Billion | Rs31.76 Billion | ▲ +2.1% |
| 2020 | 0.90x | Rs291.20 Billion | Rs323.69 Billion | Rs32.49 Billion | ▼ -2.4% |
| 2019 | 0.92x | Rs263.62 Billion | Rs285.93 Billion | Rs22.31 Billion | ▼ -0.4% |
| 2018 | 0.93x | Rs232.05 Billion | Rs250.67 Billion | Rs18.62 Billion | ▲ +0.5% |
| 2017 | 0.92x | Rs232.33 Billion | Rs252.23 Billion | Rs19.90 Billion | ▲ +2.8% |
| 2016 | 0.90x | Rs171.19 Billion | Rs191.09 Billion | Rs19.90 Billion | ▲ +5.7% |
| 2015 | 0.85x | Rs164.20 Billion | Rs193.69 Billion | Rs29.49 Billion | ▲ +7.6% |
| 2014 | 0.79x | Rs116.25 Billion | Rs147.51 Billion | Rs31.26 Billion | ▲ +2.0% |
| 2013 | 0.77x | Rs89.77 Billion | Rs116.15 Billion | Rs26.38 Billion | ▲ +8.5% |
| 2012 | 0.71x | Rs49.70 Billion | Rs69.77 Billion | Rs20.07 Billion | ▼ -1.6% |
| 2011 | 0.72x | Rs47.88 Billion | Rs66.14 Billion | Rs18.27 Billion | ▼ -15.7% |
| 2010 | 0.86x | Rs63.61 Billion | Rs74.06 Billion | Rs10.45 Billion | ▲ +9.0% |
| 2009 | 0.79x | Rs42.61 Billion | Rs54.09 Billion | Rs11.47 Billion | ▲ +17.0% |
| 2008 | 0.67x | Rs26.24 Billion | Rs38.95 Billion | Rs12.71 Billion | ▲ +5.2% |
| 2007 | 0.64x | Rs22.23 Billion | Rs34.72 Billion | Rs12.49 Billion | ▼ -12.9% |
| 2006 | 0.74x | Rs18.30 Billion | Rs24.88 Billion | Rs6.59 Billion | ▼ -10.8% |
| 2005 | 0.82x | Rs17.24 Billion | Rs20.92 Billion | Rs3.68 Billion | — |