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). Read how much debt does Hero MotoCorp Limited carry for a breakdown of total debt and financial obligations.
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. Explore capital reinvestment ratio of Hero MotoCorp Limited to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Hero MotoCorp Limited (2004–2026)
Year-by-year Free Cash Flow Generation Index for Hero MotoCorp Limited. For the full company profile including market capitalisation, see HEROMOTOCO company net worth.
| 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 | — |