Bharat Heavy Electricals Limited (BHEL) — Free Cash Flow Generation Index
Bharat Heavy Electricals Limited (BHEL) has a Free Cash Flow Generation Index of 1.13x as of March 2025. Free cash flow of Rs24.73 Billion represents 1% of operating cash flow (Rs21.92 Billion). Explore Bharat Heavy Electricals Limited capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Bharat Heavy Electricals Limited Free Cash Flow Generation Index (2004–2026)
Historical FCF Generation Index trend for Bharat Heavy Electricals Limited across 18 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Bharat Heavy Electricals Limited.
Annual Free Cash Flow Generation for Bharat Heavy Electricals Limited (2004–2026)
Year-by-year Free Cash Flow Generation Index for Bharat Heavy Electricals Limited. Check Bharat Heavy Electricals Limited investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.90x | Rs52.27 Billion | Rs58.16 Billion | Rs5.89 Billion | ▲ +3.1% |
| 2025 | 0.87x | Rs19.11 Billion | Rs21.92 Billion | Rs2.82 Billion | ▲ +17.2% |
| 2022 | 0.74x | Rs4.91 Billion | Rs6.60 Billion | Rs1.69 Billion | ▲ +34.1% |
| 2021 | 0.55x | Rs3.11 Billion | Rs5.62 Billion | Rs2.50 Billion | ▼ -22.6% |
| 2018 | 0.72x | Rs7.08 Billion | Rs9.89 Billion | Rs2.81 Billion | ▲ +112.7% |
| 2017 | 0.34x | Rs1.80 Billion | Rs5.36 Billion | Rs3.56 Billion | ▲ +109.9% |
| 2016 | -3.39x | Rs-10.56 Billion | Rs3.12 Billion | Rs13.67 Billion | ▼ -661.1% |
| 2015 | 0.60x | Rs4.96 Billion | Rs8.21 Billion | Rs3.26 Billion | ▼ -6.4% |
| 2014 | 0.64x | Rs29.08 Billion | Rs45.12 Billion | Rs16.04 Billion | ▲ +27493.0% |
| 2013 | 0.00x | Rs-41.20 Million | Rs17.51 Billion | Rs17.55 Billion | ▼ -101.2% |
| 2011 | 0.19x | Rs5.13 Billion | Rs26.99 Billion | Rs21.86 Billion | ▲ +416.7% |
| 2010 | -0.06x | Rs-978.30 Million | Rs16.30 Billion | Rs17.28 Billion | ▼ -109.9% |
| 2009 | 0.61x | Rs21.07 Billion | Rs34.63 Billion | Rs13.56 Billion | ▼ -23.7% |
| 2008 | 0.80x | Rs27.75 Billion | Rs34.78 Billion | Rs7.03 Billion | ▼ -5.4% |
| 2007 | 0.84x | Rs23.79 Billion | Rs28.21 Billion | Rs4.42 Billion | ▲ +3.5% |
| 2006 | 0.81x | Rs13.22 Billion | Rs16.24 Billion | Rs3.01 Billion | ▲ +6.3% |
| 2005 | 0.77x | Rs6.27 Billion | Rs8.18 Billion | Rs1.92 Billion | ▼ -14.7% |
| 2004 | 0.90x | Rs15.23 Billion | Rs16.96 Billion | Rs1.72 Billion | — |