Free cash flow (FCF) is the cash a company has left over after paying for its operating expenses and capital expenditures. It’s a key financial metric that shows a company’s ability to generate cash.
It reflects how much cash a company has left to reward shareholders as Dividend or reinvest in future growth. Usually these types of companies are Cash Rich, Debt Free and High Dividend yield paying.
10 Indian Stocks with Highest Free Cash Flow (FCF)
This article highlights the highest free cash flow companies in India with 10-year Free Cash Flow, making them ideal for long-term investment.
Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS), India’s largest IT service provider, offers a strong 10-year Free Cash Flow of ₹2.89 lakh crore, making it a safe investment option with robust margins and low debt.
- CMP: ₹4180.65
- Market Cap: ₹15,12,595.78 crore
- 10-Year Free Cash Flow: ₹2,89,083.28 crore
- Dividend Yield: 1.31%
- ROE (10 Years): 39.78%
Infosys
Infosys consistent growth and ₹1.45 lakh crore 10-year Free Cash Flow make it a key player in the IT sector, offering good returns to shareholders.
- CMP: ₹1928.20
- Market Cap: ₹8,00,640.53 crore
- 10-Year Free Cash Flow: ₹1,45,232 crore
- Dividend Yield: 1.99%
- ROE (10 Years): 26.69%
ITC
ITC strong Free Cash Flow and high Operating Profit Margin make it a top choice in the FMCG sector, offering stability and attractive dividends.
- CMP: ₹469.70
- Market Cap: ₹5,87,632.83 crore
- 10-Year Free Cash Flow: ₹1,08,022.46 crore
- Dividend Yield: 2.92%
- ROE (10 Years): 25.18%
HCL Technologies
HCL Technologies’ consistent Free Cash Flow and stable ROCE make it a reliable investment in the IT sector.
- CMP: ₹1921.50
- Market Cap: ₹5,21,430.76 crore
- 10-Year Free Cash Flow: ₹1,05,517.37 crore
- Dividend Yield: 2.71%
- ROE (10 Years): 23.95%
Coal India
Coal India’s high Free Cash Flow and dividend yield make it an attractive option for income-focused investors.
- CMP: ₹384.85
- Market Cap: ₹2,37,172.61 crore
- 10-Year Free Cash Flow: ₹96,688.66 crore
- Dividend Yield: 6.63%
- ROE (10 Years): 46.54%
Wipro
Wipro’s Free Cash Flow and stability in the IT sector make it a safe investment choice.
- CMP: ₹307.45
- Market Cap: ₹3,21,799.53 crore
- 10-Year Free Cash Flow: ₹95,376.30 crore
- Dividend Yield: 0.16%
- ROE (10 Years): 17.87%
Hindustan Unilever (HUL)
HUL’s strong Free Cash Flow and high ROE make it a key player in the FMCG sector.
- CMP: ₹2340.25
- Market Cap: ₹5,49,863.09 crore
- 10-Year Free Cash Flow: ₹64,093.11 crore
- Dividend Yield: 1.78%
- ROE (10 Years): 31.62%
Also Read: 5 Stocks with Order Books Larger Than Market Cap
Tech Mahindra
Tech Mahindra’s Free Cash Flow and attractive dividend yield make it a promising investment in the IT sector.
- CMP: ₹1695.90
- Market Cap: ₹1,65,977.34 crore
- 10-Year Free Cash Flow: ₹39,069 crore
- Dividend Yield: 2.35%
- ROE (10 Years): 18.49%
Bajaj Auto
Bajaj Auto’s strong Free Cash Flow and high Operating Profit Margin make it a leading player in the auto sector.
- CMP: ₹8735.05
- Market Cap: ₹2,43,932.85 crore
- 10-Year Free Cash Flow: ₹35,098.78 crore
- Dividend Yield: 0.92%
- ROE (10 Years): 23.07%
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Hero MotoCorp
Hero MotoCorp’s Free Cash Flow and strong financial performance make it a good long-term investment.
- CMP: ₹4286.20
- Market Cap: ₹85,723.80 crore
- 10-Year Free Cash Flow: ₹24,582.59 crore
- Dividend Yield: 2.65%
- ROE (10 Years): 24.18%
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Conclusion
The stocks listed above are high-performing options based on their 10-year Free Cash Flow. These companies not only show strong financial health but also have a solid track record of operational efficiency and cash flow management. Long-term investors should consider.