HCL Technologies Limited (HCLTECH) — Free Cash Flow Generation Index
HCL Technologies Limited (HCLTECH) has a Free Cash Flow Generation Index of 0.93x as of September 2025. Free cash flow of Rs56.14 Billion represents 1% of operating cash flow (Rs60.23 Billion). Read how much debt does HCL Technologies Limited carry for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
HCL Technologies Limited Free Cash Flow Generation Index (2004–2026)
Historical FCF Generation Index trend for HCL Technologies Limited across 24 annual periods. Explore HCLTECH capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for HCL Technologies Limited (2004–2026)
Year-by-year Free Cash Flow Generation Index for HCL Technologies Limited. For the full company profile including market capitalisation, see market cap of HCL Technologies Limited.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.93x | Rs197.78 Billion | Rs213.59 Billion | Rs15.81 Billion | ▼ -8.1% |
| 2025 | 1.01x | Rs224.24 Billion | Rs222.61 Billion | Rs11.08 Billion | ▲ +5.7% |
| 2024 | 0.95x | Rs214.00 Billion | Rs224.48 Billion | Rs10.48 Billion | ▲ +5.0% |
| 2023 | 0.91x | Rs163.48 Billion | Rs180.09 Billion | Rs16.61 Billion | ▲ +0.6% |
| 2022 | 0.90x | Rs2.01 Billion | Rs2.23 Billion | Rs216.94 Million | ▼ 0.0% |
| 2021 | 0.90x | Rs2.41 Billion | Rs2.67 Billion | Rs259.24 Million | ▲ +5.0% |
| 2020 | 0.86x | Rs1.52 Billion | Rs1.77 Billion | Rs247.41 Million | ▲ +40.2% |
| 2019 | 0.61x | Rs55.06 Billion | Rs89.71 Billion | Rs34.65 Billion | ▲ +71.3% |
| 2018 | 0.36x | Rs29.84 Billion | Rs83.28 Billion | Rs53.44 Billion | ▼ -36.5% |
| 2017 | 0.56x | Rs50.74 Billion | Rs89.95 Billion | Rs39.21 Billion | ▼ -28.5% |
| 2016 | 0.79x | Rs35.18 Billion | Rs44.60 Billion | Rs9.42 Billion | ▼ -34.2% |
| 2015 | 1.20x | Rs1.17 Billion | Rs974.04 Million | Rs194.53 Million | ▲ +53.4% |
| 2015 | 0.78x | Rs43.31 Billion | Rs55.39 Billion | Rs12.08 Billion | ▼ -12.0% |
| 2014 | 0.89x | Rs57.37 Billion | Rs64.57 Billion | Rs7.20 Billion | ▲ +3.1% |
| 2013 | 0.86x | Rs38.73 Billion | Rs44.92 Billion | Rs6.19 Billion | ▲ +33.9% |
| 2012 | 0.64x | Rs16.44 Billion | Rs25.53 Billion | Rs9.09 Billion | ▲ +16.1% |
| 2011 | 0.55x | Rs9.78 Billion | Rs17.63 Billion | Rs7.85 Billion | ▼ -13.2% |
| 2010 | 0.64x | Rs11.44 Billion | Rs17.91 Billion | Rs6.47 Billion | ▲ +49.1% |
| 2009 | 0.43x | Rs4.79 Billion | Rs11.18 Billion | Rs6.39 Billion | ▼ -27.3% |
| 2008 | 0.59x | Rs7.95 Billion | Rs13.49 Billion | Rs5.54 Billion | ▼ -7.8% |
| 2007 | 0.64x | Rs6.90 Billion | Rs10.80 Billion | Rs3.90 Billion | ▲ +40.4% |
| 2006 | 0.46x | Rs3.43 Billion | Rs7.54 Billion | Rs4.11 Billion | ▼ -9.0% |
| 2005 | 0.50x | Rs2.98 Billion | Rs5.95 Billion | Rs2.97 Billion | ▲ +24.5% |
| 2004 | 0.40x | Rs1.94 Billion | Rs4.82 Billion | Rs2.88 Billion | — |