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). See BHEL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
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. Explore Bharat Heavy Electricals Limited (BHEL) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
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. For the full company profile including market capitalisation, see market value of Bharat Heavy Electricals Limited.
| 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 | Rs19.10 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 | — |