Top companies in India by Free Cash Flow

This ranking features the top 1,863 companies in India ranked by Free Cash Flow, totalling a Free Cash Flow of USD 63.11 B, for January 15, 2025.

India

All sectors
Free Cash Flow
#
Name
Free Cash Flow
 Reported Date
Stock Price
Change
 Price (30 days) Country
1
ICICIBANK.NS

ICICI Bank Limited

1

ICICIBANK.NS
USD 18.42 B
March 31, 2024 USD 14.33 1.01%

India
2
HDFCBANK.NS

HDFC Bank Limited

2

HDFCBANK.NS
USD 9.04 B
March 31, 2024 USD 19.02 1.11%

India
3
ONGC.NS

Oil and Natural Gas Corporation Limited

3

ONGC.NS
USD 5.68 B
March 31, 2024 USD 3.01 1.96%

India
4
AXISBANK.NS

Axis Bank Limited

4

AXISBANK.NS
USD 5.58 B
March 31, 2024 USD 12.15 0.37%

India
5
TCS.NS

Tata Consultancy Services Limited

5

TCS.NS
USD 5.00 B
March 31, 2024 USD 48.91 -1.21%

India
6
BHARTIARTL.NS

Bharti Airtel Limited

6

BHARTIARTL.NS
USD 4.66 B
March 31, 2024 USD 18.49 0.33%

India
7
TATAMOTORS.NS

Tata Motors Limited

7

TATAMOTORS.NS
USD 4.38 B
March 31, 2024 USD 8.90 2.75%

India
8
IOC.NS

Indian Oil Corporation Limited

8

IOC.NS
USD 4.07 B
March 31, 2024 USD 1.46 3.96%

India
9
UNIONBANK.NS

Union Bank of India

9

UNIONBANK.NS
USD 3.55 B
March 31, 2024 USD 1.20 2.95%

India
10
SBILIFE.NS

SBI Life Insurance Company Limited

10

SBILIFE.NS
USD 3.48 B
March 31, 2024 USD 17.32 2.32%

India
11
BPCL.NS

Bharat Petroleum Corporation Limited

11

BPCL.NS
USD 3.16 B
March 31, 2024 USD 3.12 2.00%

India
12
POWERGRID.NS

Power Grid Corporation of India Limited

12

POWERGRID.NS
USD 3.10 B
March 31, 2024 USD 3.35 1.07%

India
13
LICI.NS

Life Insurance Corporation of India

13

LICI.NS
USD 3.04 B
March 31, 2024 USD 9.54 2.18%

India
14
INFY.NS

Infosys Limited

14

INFY.NS
USD 2.88 B
March 31, 2024 USD 22.42 -0.98%

India
15
HCLTECH.NS

HCL Technologies Limited

15

HCLTECH.NS
USD 2.57 B
March 31, 2024 USD 20.95 -8.71%

India
16
INDIGO.NS

InterGlobe Aviation Limited

16

INDIGO.NS
USD 2.41 B
March 31, 2024 USD 46.16 -0.01%

India
17
IDEA.NS

Vodafone Idea Limited

17

IDEA.NS
USD 2.30 B
March 31, 2024 USD 0.10 6.75%

India
18
VEDL.NS

Vedanta Limited

18

VEDL.NS
USD 2.27 B
March 31, 2024 USD 4.98 4.24%

India
19
SBIN.NS

State Bank of India

19

SBIN.NS
USD 2.09 B
March 31, 2024 USD 8.64 2.71%

India
20
WIPRO.NS

Wipro Limited

20

WIPRO.NS
USD 1.99 B
March 31, 2024 USD 3.38 0.49%

India
21
KOTAKBANK.NS

Kotak Mahindra Bank Limited

21

KOTAKBANK.NS
USD 1.75 B
March 31, 2024 USD 20.23 0.85%

India
22
HINDUNILVR.NS

Hindustan Unilever Limited

22

HINDUNILVR.NS
USD 1.68 B
March 31, 2024 USD 27.36 -3.25%

India
23
CANBK.NS

Canara Bank

23

CANBK.NS
USD 1.65 B
March 31, 2024 USD 1.08 5.46%

India
24
HINDPETRO.NS

Hindustan Petroleum Corporation Limited

24

HINDPETRO.NS
USD 1.65 B
March 31, 2024 USD 4.31 2.58%

India
25
LT.NS

Larsen & Toubro Limited

25

LT.NS
USD 1.65 B
March 31, 2024 USD 40.01 0.10%

India
26
ITC.NS

ITC Limited

26

ITC.NS
USD 1.63 B
March 31, 2024 USD 5.04 -0.41%

India
27
ADANIPOWER.NS

Adani Power Limited

27

ADANIPOWER.NS
USD 1.39 B
March 31, 2024 USD 6.20 19.54%

India
28
MAHABANK.NS

Bank of Maharashtra

28

MAHABANK.NS
USD 1.35 B
March 31, 2024 USD 0.61 13.37%

India
29
GICRE.NS

General Insurance Corporation of India

29

GICRE.NS
USD 1.34 B
March 31, 2024 USD 4.89 4.00%

India
30
HDFCLIFE.NS

HDFC Life Insurance Company Limited

30

HDFCLIFE.NS
USD 1.27 B
March 31, 2024 USD 6.94 0.26%

India
31
IDFCFIRSTB.NS

IDFC First Bank Limited

31

IDFCFIRSTB.NS
USD 1.22 B
March 31, 2024 USD 0.72 4.55%

India
32
NTPC.NS

NTPC Limited

32

NTPC.NS
USD 1.20 B
March 31, 2024 USD 3.59 4.25%

India
33
SUNPHARMA.NS

Sun Pharmaceutical Industries Limited

33

SUNPHARMA.NS
USD 1.19 B
March 31, 2024 USD 20.46 1.52%

India
34
HINDZINC.NS

Hindustan Zinc Limited

34

HINDZINC.NS
USD 1.14 B
March 31, 2024 USD 5.04 4.12%

India
35
YESBANK.NS

Yes Bank Limited

35

YESBANK.NS
USD 1.04 B
March 31, 2024 USD 0.21 5.41%

India
36
HINDALCO.NS

Hindalco Industries Limited

36

HINDALCO.NS
USD 998.44 M
March 31, 2024 USD 6.83 4.97%

India
37
IRFC.NS

Indian Railway Finance Corporation Limited

37

IRFC.NS
USD 947.82 M
March 31, 2024 USD 1.57 5.69%

India
38
ADANIPORTS.NS

Adani Ports and Special Economic Zone Limited

38

ADANIPORTS.NS
USD 911.32 M
March 31, 2024 USD 12.91 4.88%

India
39
MARUTI.NS

Maruti Suzuki India Limited

39

MARUTI.NS
USD 911.31 M
March 31, 2024 USD 135.66 2.27%

India
40
SOUTHBANK.NS

The South Indian Bank Limited

40

SOUTHBANK.NS
USD 826.41 M
March 31, 2024 USD 0.30 0.34%

India
41
HAL.NS

Hindustan Aeronautics Limited

41

HAL.NS
USD 775.41 M
March 31, 2024 USD 44.23 1.21%

India
42
FEDERALBNK.NS

The Federal Bank Limited

42

FEDERALBNK.NS
USD 731.72 M
March 31, 2024 USD 2.22 2.73%

India
43
BANDHANBNK.NS

Bandhan Bank Limited

43

BANDHANBNK.NS
USD 723.80 M
March 31, 2024 USD 1.71 7.62%

India
44
RELIANCE.NS

Reliance Industries Limited

44

RELIANCE.NS
USD 707.95 M
March 31, 2024 USD 14.31 0.06%

India
45
MFSL.NS

Max Financial Services Limited

45

MFSL.NS
USD 705.44 M
March 31, 2024 USD 12.15 -1.49%

India
46
BAJAJ-AUTO.NS

Bajaj Auto Limited

46

BAJAJ-AUTO.NS
USD 699.60 M
March 31, 2024 USD 99.49 0.32%

India
47
TECHM.NS

Tech Mahindra Limited

47

TECHM.NS
USD 669.62 M
March 31, 2024 USD 19.04 -0.59%

India
48
NMDC.NS

NMDC Limited

48

NMDC.NS
USD 665.11 M
March 31, 2024 USD 0.73 5.76%

India
49
MRPL.NS

Mangalore Refinery and Petrochemicals Limited

49

MRPL.NS
USD 658.08 M
March 31, 2024 USD 1.58 2.16%

India
50
LTIM.NS

LTIMindtree Limited

50

LTIM.NS
USD 578.63 M
March 31, 2024 USD 66.46 -4.48%

India
Frequently Asked Questions
  • Which company in India has the highest Free Cash Flow ?

    The company in India with the highest Free Cash Flow is ICICI Bank Limited (NSE: ICICIBANK.NS) at USD 18.42 B.

  • Which company in India has the lowest Free Cash Flow ?

    The company in India with the lowest Free Cash Flow is Power Finance Corporation Limited (NSE: PFC.NS) at USD -11.77 B.