According to Business Standard – “Broadly, financial sustainability index (FSI) answers the important question: How financially sustainable is a company’s business. A company appearing higher on this index has greater staying power to withstand economic turmoil. The index is based on six financial ratios that together capture a firm’s historical earning power, ability to generate internal accruals, debt servicing capability, health of the balance sheet, operational efficiency and relative market valuation. A company with the best record on these parameters can always be relied upon to grow faster and deliver superior returns to its shareholders.”
LTI is the highest-ranking technology company in terms of FSI.