Tech Mahindra Limited (TECHM) — Free Cash Flow Generation Index
Tech Mahindra Limited (TECHM) has a Free Cash Flow Generation Index of 1.11x as of September 2025. Free cash flow of Rs35.11 Billion represents 1% of operating cash flow (Rs31.69 Billion). See TECHM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Tech Mahindra Limited Free Cash Flow Generation Index (2005–2026)
Historical FCF Generation Index trend for Tech Mahindra Limited across 22 annual periods. Explore cash flow to debt ratio of Tech Mahindra Limited to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Tech Mahindra Limited (2005–2026)
Year-by-year Free Cash Flow Generation Index for Tech Mahindra Limited. For the full company profile including market capitalisation, see market cap of Tech Mahindra Limited.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.89x | Rs54.76 Billion | Rs61.72 Billion | Rs6.96 Billion | ▼ -1.1% |
| 2025 | 0.90x | Rs51.92 Billion | Rs57.86 Billion | Rs5.93 Billion | ▲ +2.5% |
| 2024 | 0.88x | Rs55.85 Billion | Rs63.76 Billion | Rs7.91 Billion | ▲ +7.1% |
| 2023 | 0.82x | Rs45.57 Billion | Rs55.72 Billion | Rs10.15 Billion | ▼ -0.1% |
| 2022 | 0.82x | Rs43.27 Billion | Rs52.85 Billion | Rs9.58 Billion | ▼ -10.8% |
| 2021 | 0.92x | Rs74.28 Billion | Rs80.94 Billion | Rs6.66 Billion | ▲ +13.8% |
| 2020 | 0.81x | Rs35.13 Billion | Rs43.58 Billion | Rs8.45 Billion | ▼ -1.5% |
| 2019 | 0.82x | Rs36.27 Billion | Rs44.32 Billion | Rs8.05 Billion | ▲ +14.6% |
| 2018 | 0.71x | Rs25.37 Billion | Rs35.53 Billion | Rs10.17 Billion | ▼ -12.0% |
| 2017 | 0.81x | Rs33.03 Billion | Rs40.71 Billion | Rs7.68 Billion | ▲ +13.6% |
| 2016 | 0.71x | Rs22.94 Billion | Rs32.13 Billion | Rs9.19 Billion | ▲ +33.8% |
| 2015 | 0.53x | Rs12.86 Billion | Rs24.09 Billion | Rs11.23 Billion | ▲ +30.2% |
| 2014 | 0.41x | Rs6.53 Billion | Rs15.93 Billion | Rs9.40 Billion | ▼ -48.2% |
| 2013 | 0.79x | Rs6.77 Billion | Rs8.55 Billion | Rs1.79 Billion | ▲ +35.4% |
| 2012 | 0.58x | Rs4.16 Billion | Rs7.12 Billion | Rs2.96 Billion | ▼ -12.7% |
| 2011 | 0.67x | Rs3.10 Billion | Rs4.64 Billion | Rs1.53 Billion | ▼ -6.6% |
| 2010 | 0.72x | Rs10.39 Billion | Rs14.50 Billion | Rs4.11 Billion | ▼ -9.8% |
| 2009 | 0.79x | Rs9.71 Billion | Rs12.22 Billion | Rs2.51 Billion | ▲ +445.1% |
| 2008 | -0.23x | Rs-448.00 Million | Rs1.95 Billion | Rs2.39 Billion | ▲ +95.2% |
| 2007 | -4.76x | Rs-1.60 Billion | Rs336.69 Million | Rs1.94 Billion | ▼ -778.4% |
| 2006 | 0.70x | Rs931.15 Million | Rs1.33 Billion | Rs395.05 Million | ▼ -9.0% |
| 2005 | 0.77x | Rs1.86 Billion | Rs2.41 Billion | Rs549.41 Million | — |