Hero MotoCorp Limited (HEROMOTOCO) — Free Cash Flow Generation Index
Hero MotoCorp Limited (HEROMOTOCO) has a Free Cash Flow Generation Index of 0.86x as of September 2025. Free cash flow of Rs30.82 Billion represents 1% of operating cash flow (Rs35.82 Billion). Explore HEROMOTOCO capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Hero MotoCorp Limited Free Cash Flow Generation Index (2004–2026)
Historical FCF Generation Index trend for Hero MotoCorp Limited across 23 annual periods. For the full cash flow conversion analysis, see HEROMOTOCO cash flow metrics.
Annual Free Cash Flow Generation for Hero MotoCorp Limited (2004–2026)
Year-by-year Free Cash Flow Generation Index for Hero MotoCorp Limited. Check Hero MotoCorp 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 | 0.87x | Rs74.59 Billion | Rs85.59 Billion | Rs11.00 Billion | ▲ +8.8% |
| 2025 | 0.80x | Rs34.41 Billion | Rs42.97 Billion | Rs8.56 Billion | ▼ -4.7% |
| 2024 | 0.84x | Rs41.35 Billion | Rs49.23 Billion | Rs7.88 Billion | ▲ +9.3% |
| 2023 | 0.77x | Rs20.10 Billion | Rs26.14 Billion | Rs6.04 Billion | ▲ +5.4% |
| 2022 | 0.73x | Rs15.34 Billion | Rs21.04 Billion | Rs5.70 Billion | ▼ -15.1% |
| 2021 | 0.86x | Rs35.29 Billion | Rs41.10 Billion | Rs5.81 Billion | ▲ +12.0% |
| 2020 | 0.77x | Rs42.30 Billion | Rs55.18 Billion | Rs12.88 Billion | ▲ +1401.4% |
| 2019 | 0.05x | Rs527.10 Million | Rs10.32 Billion | Rs9.80 Billion | ▼ -93.6% |
| 2018 | 0.79x | Rs31.93 Billion | Rs40.17 Billion | Rs8.24 Billion | ▲ +15.0% |
| 2017 | 0.69x | Rs27.69 Billion | Rs40.07 Billion | Rs12.38 Billion | ▲ +23.4% |
| 2016 | 0.56x | Rs20.84 Billion | Rs37.22 Billion | Rs16.38 Billion | ▲ +28.4% |
| 2015 | 0.44x | Rs9.53 Billion | Rs21.86 Billion | Rs12.33 Billion | ▼ -36.1% |
| 2014 | 0.68x | Rs20.22 Billion | Rs29.63 Billion | Rs9.41 Billion | ▲ +0.5% |
| 2013 | 0.68x | Rs12.83 Billion | Rs18.90 Billion | Rs6.08 Billion | ▼ -10.8% |
| 2012 | 0.76x | Rs17.95 Billion | Rs23.60 Billion | Rs5.65 Billion | ▼ -9.6% |
| 2011 | 0.84x | Rs19.24 Billion | Rs22.88 Billion | Rs3.64 Billion | ▼ -8.7% |
| 2010 | 0.92x | Rs24.75 Billion | Rs26.87 Billion | Rs2.12 Billion | ▲ +19.9% |
| 2009 | 0.77x | Rs10.44 Billion | Rs13.59 Billion | Rs3.15 Billion | ▲ +11.2% |
| 2008 | 0.69x | Rs8.37 Billion | Rs12.12 Billion | Rs3.75 Billion | ▲ +307.2% |
| 2007 | 0.17x | Rs1.06 Billion | Rs6.25 Billion | Rs5.19 Billion | ▼ -70.4% |
| 2006 | 0.57x | Rs5.37 Billion | Rs9.36 Billion | Rs3.99 Billion | ▼ -18.8% |
| 2005 | 0.71x | Rs5.28 Billion | Rs7.47 Billion | Rs2.19 Billion | ▼ -16.6% |
| 2004 | 0.85x | Rs8.24 Billion | Rs9.73 Billion | Rs1.49 Billion | — |