HEG Limited (HEG) — Free Cash Flow Generation Index
Latest as of September 2025:
0.69x
HEG Limited (HEG) has a Free Cash Flow Generation Index of 0.69x as of September 2025. Free cash flow of Rs1.66 Billion represents 1% of operating cash flow (Rs2.42 Billion). Read HEG total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
0.69x
Free Cash Flow / Operating CF
Free Cash Flow
Rs1.66 Billion
INR
Operating Cash Flow
Rs2.42 Billion
INR
Capital Expenditures
Rs757.10 Million
INR
HEG Limited Free Cash Flow Generation Index (2005–2026)
Historical FCF Generation Index trend for HEG Limited across 20 annual periods. Explore HEG 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 HEG Limited (2005–2026)
Year-by-year Free Cash Flow Generation Index for HEG Limited. For the full company profile including market capitalisation, see market cap of HEG Limited.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | -0.35x | Rs-654.70 Million | Rs1.87 Billion | Rs2.53 Billion | ▼ -200.4% |
| 2025 | 0.35x | Rs974.80 Million | Rs2.80 Billion | Rs1.82 Billion | ▼ -11.4% |
| 2024 | 0.39x | Rs2.41 Billion | Rs6.12 Billion | Rs3.72 Billion | ▲ +112.2% |
| 2023 | -3.23x | Rs-3.66 Billion | Rs1.13 Billion | Rs4.80 Billion | ▼ -603.4% |
| 2021 | 0.64x | Rs4.60 Billion | Rs7.16 Billion | Rs2.56 Billion | ▼ -13.7% |
| 2020 | 0.74x | Rs6.43 Billion | Rs8.64 Billion | Rs2.21 Billion | ▼ -22.7% |
| 2019 | 0.96x | Rs14.32 Billion | Rs14.88 Billion | Rs564.95 Million | ▼ -0.4% |
| 2018 | 0.97x | Rs5.74 Billion | Rs5.94 Billion | Rs200.34 Million | ▼ -0.8% |
| 2017 | 0.97x | Rs1.53 Billion | Rs1.57 Billion | Rs41.08 Million | ▲ +11.8% |
| 2016 | 0.87x | Rs2.17 Billion | Rs2.49 Billion | Rs322.14 Million | ▼ -1.8% |
| 2015 | 0.89x | Rs2.45 Billion | Rs2.76 Billion | Rs313.81 Million | ▲ +19.8% |
| 2014 | 0.74x | Rs5.72 Billion | Rs7.73 Billion | Rs2.01 Billion | ▲ +1280.1% |
| 2013 | -0.06x | Rs-72.23 Million | Rs1.15 Billion | Rs1.22 Billion | ▲ +99.0% |
| 2012 | -6.30x | Rs-1.70 Billion | Rs270.63 Million | Rs1.98 Billion | ▼ -438.0% |
| 2011 | -1.17x | Rs-440.00 Million | Rs375.80 Million | Rs815.81 Million | ▼ -253.3% |
| 2010 | 0.76x | Rs2.32 Billion | Rs3.04 Billion | Rs717.46 Million | ▲ +171.8% |
| 2009 | -1.06x | Rs-718.12 Million | Rs674.86 Million | Rs1.39 Billion | ▼ -326.8% |
| 2008 | 0.47x | Rs418.38 Million | Rs891.91 Million | Rs473.52 Million | ▲ +152.2% |
| 2007 | -0.90x | Rs-273.80 Million | Rs304.78 Million | Rs578.58 Million | ▲ +78.9% |
| 2005 | -4.25x | Rs-2.34 Billion | Rs551.64 Million | Rs2.90 Billion | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).