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Hero MotoCorp Ltd. Cash Flow Statement

NSE:HEROMOTOCO | AUTOMOBILES - 2 AND 3 WHEELERS

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Cash Flow Insights

Cash Conversion

0.98x

HEROMOTOCO's operating cash flow covered 98% of net income in FY 2025. Some earnings may be tied up in working capital.

Free Cash Flow

₹34.41B

HEROMOTOCO's free cash flow was ₹34.41B in FY 2025, down 16.8% from FY 2024.

Dividend Coverage

1.2x

HEROMOTOCO's free cash flow covered dividends 1.2x in FY 2025 but leaves limited surplus.

CapEx Intensity

19.9%

Capital expenditure was 19.9% of operating cash flow in FY 2025 for HEROMOTOCO, indicating a capital-light business.

2-year HEROMOTOCO cash flow snapshot

Hover the chart icon for YoY change.

FY 2024 - FY 2025
Item Chart 2024 2025
Net Income 37.42B 43.76B
Cash flow Operating Activities 49.23B 42.97B
Investments in PPE -7.88B -8.57B
Cash flow Investing Activities -18.28B -17.03B
Dividend Paid -27.02B -28.00B
Cash flow Financing Activities -27.17B -28.15B
Cash at beginning of period 2.26B 6.05B
Cash at end of period 6.05B 3.84B
Free Cash Flow 41.35B 34.41B

Values are shown in millions (M) and billions (B). All amounts are in Indian Rupees (₹).

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: Mar-2025