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). See how liquid is Hero MotoCorp Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
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 HEROMOTOCO operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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 Hero MotoCorp Limited market cap and 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 | — |