Hindustan Aeronautics Limited (HAL) — Financial Flexibility Index

Latest as of September 2025: 0.22x

Hindustan Aeronautics Limited (HAL) has a Financial Flexibility Index of 0.22x as of September 2025. Free cash flow of Rs187.21 Billion (operating CF Rs80.36 Billion minus capex Rs106.85 Billion) represents 0% of total liabilities (Rs860.27 Billion). Check HAL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.22x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs187.21 Billion
Operating CF − Capex

Total Liabilities

Rs860.27 Billion
INR

Capital Expenditures

Rs106.85 Billion
INR

Hindustan Aeronautics Limited Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for Hindustan Aeronautics Limited across 13 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Hindustan Aeronautics Limited.

Annual Financial Flexibility Index for Hindustan Aeronautics Limited (2013–2025)

Year-by-year free cash flow to debt coverage for Hindustan Aeronautics Limited. Explore Hindustan Aeronautics Limited (HAL) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (INR) Operating CF Total Liabilities YoY Change
2025 0.20x Rs145.74 Billion Rs136.43 Billion Rs712.82 Billion ▲ +9.5%
2024 0.19x Rs91.39 Billion Rs82.23 Billion Rs489.53 Billion ▼ -23.2%
2023 0.24x Rs106.11 Billion Rs88.30 Billion Rs436.28 Billion ▼ -17.6%
2022 0.30x Rs115.33 Billion Rs100.33 Billion Rs390.75 Billion ▼ -35.0%
2021 0.45x Rs165.80 Billion Rs152.63 Billion Rs365.30 Billion ▲ +505.2%
2020 0.08x Rs30.02 Billion Rs16.21 Billion Rs400.25 Billion ▲ +148.8%
2019 -0.15x Rs-60.88 Billion Rs-74.59 Billion Rs395.92 Billion ▼ -1244.6%
2018 0.01x Rs4.99 Billion Rs-7.55 Billion Rs371.58 Billion ▼ -52.8%
2017 0.03x Rs11.09 Billion Rs-4.05 Billion Rs389.93 Billion ▼ -72.0%
2016 0.10x Rs46.21 Billion Rs31.48 Billion Rs454.93 Billion ▲ +27.1%
2015 0.08x Rs38.01 Billion Rs29.17 Billion Rs475.76 Billion ▼ -35.5%
2014 0.12x Rs61.32 Billion Rs50.62 Billion Rs495.17 Billion ▲ +135.8%
2013 -0.35x Rs-155.11 Billion Rs-165.38 Billion Rs448.02 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities