Tata Consultancy Services Limited (TCS) — Free Cash Flow Generation Index
Tata Consultancy Services Limited (TCS) has a Free Cash Flow Generation Index of 0.95x as of December 2025. Free cash flow of Rs131.07 Billion represents 1% of operating cash flow (Rs138.22 Billion). See TCS current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Tata Consultancy Services Limited Free Cash Flow Generation Index (2005–2025)
Historical FCF Generation Index trend for Tata Consultancy Services Limited across 21 annual periods. Explore TCS cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Tata Consultancy Services Limited (2005–2025)
Year-by-year Free Cash Flow Generation Index for Tata Consultancy Services Limited. For the full company profile including market capitalisation, see TCS market cap overview.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 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 | — |