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). See HEG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
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 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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 HEG market cap.
| 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).