Hero MotoCorp Limited (HEROMOTOCO) — Financial Flexibility Index
Hero MotoCorp Limited (HEROMOTOCO) has a Financial Flexibility Index of 0.35x as of September 2025. Free cash flow of Rs40.82 Billion (operating CF Rs35.82 Billion minus capex Rs5.00 Billion) represents 0% of total liabilities (Rs115.11 Billion). Check HEROMOTOCO capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Hero MotoCorp Limited Financial Flexibility Index (2004–2026)
Historical Financial Flexibility Index trend for Hero MotoCorp Limited across 23 annual periods. See how liquid is Hero MotoCorp Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Hero MotoCorp Limited (2004–2026)
Year-by-year free cash flow to debt coverage for Hero MotoCorp Limited. For the full company profile including market capitalisation, see HEROMOTOCO market cap overview.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.83x | Rs96.59 Billion | Rs85.59 Billion | Rs116.42 Billion | ▲ +44.7% |
| 2025 | 0.57x | Rs51.54 Billion | Rs42.97 Billion | Rs89.86 Billion | ▼ -16.5% |
| 2024 | 0.69x | Rs57.11 Billion | Rs49.23 Billion | Rs83.18 Billion | ▲ +52.3% |
| 2023 | 0.45x | Rs32.18 Billion | Rs26.14 Billion | Rs71.36 Billion | ▲ +9.4% |
| 2022 | 0.41x | Rs26.73 Billion | Rs21.04 Billion | Rs64.84 Billion | ▼ -33.8% |
| 2021 | 0.62x | Rs46.91 Billion | Rs41.10 Billion | Rs75.36 Billion | ▼ -53.1% |
| 2020 | 1.33x | Rs68.06 Billion | Rs55.18 Billion | Rs51.27 Billion | ▲ +247.6% |
| 2019 | 0.38x | Rs20.12 Billion | Rs10.32 Billion | Rs52.68 Billion | ▼ -57.9% |
| 2018 | 0.91x | Rs48.41 Billion | Rs40.17 Billion | Rs53.32 Billion | ▼ -14.7% |
| 2017 | 1.06x | Rs52.45 Billion | Rs40.07 Billion | Rs49.29 Billion | ▼ -20.5% |
| 2016 | 1.34x | Rs53.61 Billion | Rs37.22 Billion | Rs40.07 Billion | ▲ +60.3% |
| 2015 | 0.83x | Rs34.18 Billion | Rs21.86 Billion | Rs40.96 Billion | ▼ -3.8% |
| 2014 | 0.87x | Rs39.04 Billion | Rs29.63 Billion | Rs44.98 Billion | ▲ +61.3% |
| 2013 | 0.54x | Rs24.98 Billion | Rs18.90 Billion | Rs46.43 Billion | ▲ +3.0% |
| 2012 | 0.52x | Rs29.25 Billion | Rs23.60 Billion | Rs55.99 Billion | ▲ +55.4% |
| 2011 | 0.34x | Rs26.52 Billion | Rs22.88 Billion | Rs78.89 Billion | ▼ -41.3% |
| 2010 | 0.57x | Rs28.98 Billion | Rs26.87 Billion | Rs50.58 Billion | ▼ -21.8% |
| 2009 | 0.73x | Rs16.74 Billion | Rs13.59 Billion | Rs22.84 Billion | ▼ -3.6% |
| 2008 | 0.76x | Rs15.87 Billion | Rs12.12 Billion | Rs20.87 Billion | ▲ +17.9% |
| 2007 | 0.64x | Rs11.44 Billion | Rs6.25 Billion | Rs17.74 Billion | ▼ -9.7% |
| 2006 | 0.71x | Rs13.35 Billion | Rs9.36 Billion | Rs18.69 Billion | ▲ +33.4% |
| 2005 | 0.54x | Rs9.66 Billion | Rs7.47 Billion | Rs18.04 Billion | ▼ -27.2% |
| 2004 | 0.74x | Rs11.22 Billion | Rs9.73 Billion | Rs15.25 Billion | — |