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). Read how much debt does Tech Mahindra Limited carry for a breakdown of total debt and financial obligations.
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 Tech Mahindra Limited (TECHM) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
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 TECHM market cap overview.
| 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 | — |