Tata Consultancy Services Limited (NSE:TCS)

Tata Consultancy Services Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	497,990	492,100	485,530	459,080	421,470	383,270
Depreciation & Amortization	53,250	54,470	52,420	49,850	50,220	46,040
Loss (Gain) From Sale of Assets	-260	-170	-200	-70	-260	-230
Asset Writedown & Restructuring Costs	1,200	1,200	-	-	-	-
Loss (Gain) From Sale of Investments	-7,340	-7,010	-2,690	-3,120	-2,240	-1,980
Provision & Write-off of Bad Debts	2,430	1,840	1,280	1,140	1,400	1,350
Other Operating Activities	10,960	610	-13,670	5,320	-8,770	-1,270
Change in Accounts Receivable	-46,210	-52,480	-52,280	-33,320	-76,830	-51,440
Change in Inventory	-20	-80	70	-	-80	-120
Change in Accounts Payable	-4,760	-11,050	37,180	-6,320	20,360	1,860
Change in Unearned Revenue	4,440	3,200	3,950	-7,400	390	-1,030
Change in Other Net Operating Assets	11,780	38,310	-22,510	-21,780	13,990	23,040
Operating Cash Flow	523,460	520,940	489,080	443,380	419,650	399,490
Operating Cash Flow Growth	3.84%	6.51%	10.31%	5.66%	5.05%	2.96%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-41,870	-42,240	-39,800	-22,020	-25,320	-24,830
Sale of Property, Plant & Equipment	820	650	230	170	370	310
Cash Acquisitions	-62,140	-67,680	-	-	-	-
Sale (Purchase) of Intangibles	-3,340	-3,670	-9,440	-4,350	-3,550	-4,970
Investment in Securities	-22,960	-33,380	-5,860	48,110	-53,540	-55,190
Other Investing Activities	23,480	17,870	31,950	38,350	82,430	75,710
Investing Cash Flow	-106,010	-128,450	-23,180	60,260	390	-8,970

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Repaid	-	-18,610	-16,640	-16,140	-15,150	-14,170
Total Debt Repaid	-19,880	-18,610	-16,640	-16,140	-15,150	-14,170
Net Debt Issued (Repaid)	-19,880	-18,610	-16,640	-16,140	-15,150	-14,170
Repurchase of Common Stock	-	-	-	-209,590	-41,920	-180,000
Common Dividends Paid	-397,990	-394,370	-448,640	-251,370	-413,470	-133,170
Other Financing Activities	-15,120	-8,350	-9,100	-8,260	-8,240	-8,470
Financing Cash Flow	-432,990	-421,330	-474,380	-485,360	-478,780	-335,810

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	6,600	9,590	1,740	650	5,090	1,590
Net Cash Flow	-8,940	-19,250	-6,740	18,930	-53,650	56,300

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	481,590	478,700	449,280	421,360	394,330	374,660
Free Cash Flow Growth	3.69%	6.55%	6.63%	6.86%	5.25%	3.83%
Free Cash Flow Margin	17.46%	17.93%	17.60%	17.49%	17.49%	19.54%
Free Cash Flow Per Share	133.11	132.31	124.18	115.54	107.77	101.29
Levered Free Cash Flow	397,165	369,468	326,685	369,961	356,873	385,525
Unlevered Free Cash Flow	405,321	377,136	331,660	374,824	361,741	390,425

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	13,570	9,010	8,400	6,990	7,790	6,980
Cash Income Tax Paid	146,330	143,840	155,860	124,890	129,660	114,860
Change in Working Capital	-34,770	-22,100	-33,590	-68,820	-42,170	-27,690

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

Data Sources Report a data error