Top Machinery companies in India by Free Cash Flow

This ranking features the top 154 Machinery companies in India ranked by Free Cash Flow, totalling a Free Cash Flow of USD 3.80 B, for January 15, 2025.

India

Machinery

#	Name	Free Cash Flow	Reported Date	Stock Price	Change	Country
1	Tata Motors Limited 1 TATAMOTORS.NS	USD 4.38 B	March 31, 2024	USD 8.90	2.75%	India
2	Hero MotoCorp Limited 2 HEROMOTOCO.NS	USD 495.77 M	March 31, 2024	USD 47.40	1.61%	India
3	Eicher Motors Limited 3 EICHERMOT.NS	USD 370.14 M	March 31, 2024	USD 58.11	1.98%	India
4	Siemens Limited 4 SIEMENS.NS	USD 158.40 M	Sept. 30, 2024	USD 67.75	1.19%	India
5	ABB India Limited 5 ABB.NS	USD 140.35 M	Dec. 31, 2023	USD 71.02	0.76%	India
6	Cummins India Limited 6 CUMMINSIND.NS	USD 119.55 M	March 31, 2024	USD 33.98	2.50%	India
7	Escorts Kubota Limited 7 ESCORTS.NS	USD 100.98 M	March 31, 2024	USD 39.73	4.43%	India
8	CIE Automotive India Limited 8 CIEINDIA.NS	USD 94.56 M	Dec. 31, 2023	USD 5.31	0.72%	India
9	Whirlpool of India Limited 9 WHIRLPOOL.NS	USD 65.22 M	March 31, 2024	USD 19.45	5.71%	India
10	SKF India Limited 10 SKFINDIA.NS	USD 59.19 M	March 31, 2024	USD 48.75	0.41%	India
11	Isgec Heavy Engineering Limited 11 ISGEC.NS	USD 58.75 M	March 31, 2024	USD 14.15	1.46%	India
12	Honeywell Automation India Limited 12 HONAUT.NS	USD 48.76 M	March 31, 2024	USD 468.92	1.30%	India
13	Sona BLW Precision Forgings Limited 13 SONACOMS.NS	USD 44.75 M	March 31, 2024	USD 6.58	1.57%	India
14	Schaeffler India Limited 14 SCHAEFFLER.NS	USD 43.77 M	Dec. 31, 2023	USD 37.54	2.15%	India
15	BEML Limited 15 BEML.NS	USD 42.74 M	March 31, 2024	USD 40.60	-2.21%	India
16	Shriram Pistons & Rings Limited 16 SHRIPISTON.NS	USD 40.80 M	March 31, 2024	USD 23.07	2.65%	India
17	Elecon Engineering Company Limited 17 ELECON.NS	USD 39.96 M	March 31, 2024	USD 6.54	2.92%	India
18	Sharda Motor Industries Limited 18 SHARDAMOTR.NS	USD 35.54 M	March 31, 2024	USD 21.04	0.63%	India
19	IFB Industries Limited 19 IFBIND.NS	USD 34.23 M	March 31, 2024	USD 20.04	0.48%	India
20	Electrotherm (India) Limited 20 ELECTHERM.NS	USD 33.90 M	March 31, 2024	USD 12.81	-2.49%	India
21	Action Construction Equipment Limited 21 ACE.NS	USD 30.98 M	March 31, 2024	USD 14.63	1.78%	India
22	Elgi Equipments Limited 22 ELGIEQUIP.NS	USD 29.55 M	March 31, 2024	USD 6.17	0.96%	India
23	Kirloskar Brothers Limited 23 KIRLOSBROS.NS	USD 29.49 M	March 31, 2024	USD 22.63	1.76%	India
24	Triveni Turbine Limited 24 TRITURBINE.NS	USD 28.69 M	March 31, 2024	USD 7.94	1.94%	India
25	Johnson Controls-Hitachi Air Conditioning India Limited 25 JCHAC.NS	USD 26.07 M	March 31, 2024	USD 20.21	2.08%	India
26	Maharashtra Scooters Ltd. 26 MAHSCOOTER.NS	USD 23.67 M	March 31, 2024	USD 106.71	1.60%	India
27	Tega Industries Limited 27 TEGA.NS	USD 23.59 M	March 31, 2024	USD 18.93	2.95%	India
28	Grindwell Norton Limited 28 GRINDWELL.NS	USD 23.45 M	March 31, 2024	USD 20.89	0.41%	India
29	Sundram Fasteners Limited 29 SUNDRMFAST.NS	USD 22.68 M	March 31, 2024	USD 11.89	3.23%	India
30	L.G. Balakrishnan & Bros Limited 30 LGBBROSLTD.NS	USD 21.71 M	March 31, 2024	USD 14.14	-1.46%	India
31	Wheels India Limited 31 WHEELS.NS	USD 21.47 M	March 31, 2024	USD 7.81	3.55%	India
32	GE Power India Limited 32 GEPIL.NS	USD 19.99 M	March 31, 2024	USD 3.68	4.49%	India
33	Usha Martin Limited 33 USHAMART.NS	USD 19.93 M	March 31, 2024	USD 4.09	3.59%	India
34	Uniparts India Limited 34 UNIPARTS.NS	USD 19.63 M	March 31, 2024	USD 4.48	0.67%	India
35	Lumax Auto Technologies Limited 35 LUMAXTECH.NS	USD 19.38 M	March 31, 2024	USD 6.78	-0.62%	India
36	Everest Kanto Cylinder Limited 36 EKC.NS	USD 19.24 M	March 31, 2024	USD 1.88	4.35%	India
37	BGR Energy Systems Limited 37 BGRENERGY.NS	USD 17.90 M	March 31, 2024	USD 1.43	2.14%	India
38	Gallantt Ispat Limited 38 GALLANTT.NS	USD 17.38 M	March 31, 2024	USD 3.73	2.42%	India
39	Bharat Forge Limited 39 BHARATFORG.NS	USD 16.83 M	March 31, 2024	USD 13.75	1.91%	India
40	Avanti Feeds Limited 40 AVANTIFEED.NS	USD 15.81 M	March 31, 2024	USD 7.16	5.58%	India
41	The Anup Engineering Limited 41 ANUP.NS	USD 15.16 M	March 31, 2024	USD 36.03	7.99%	India
42	Sunflag Iron and Steel Company Limited 42 SUNFLAG.NS	USD 14.25 M	March 31, 2024	USD 3.28	3.44%	India
43	ESAB India Limited 43 ESABINDIA.NS	USD 13.49 M	March 31, 2024	USD 60.84	1.59%	India
44	Kirloskar Pneumatic Company Limited 44 KIRLPNU.NS	USD 13.41 M	March 31, 2024	USD 15.25	1.24%	India
45	Pricol Limited 45 PRICOLLTD.NS	USD 13.36 M	March 31, 2024	USD 6.26	2.43%	India
46	PIX Transmissions Limited 46 PIXTRANS.NS	USD 13.23 M	March 31, 2024	USD 24.66	1.38%	India
47	Swaraj Engines Limited 47 SWARAJENG.NS	USD 11.34 M	March 31, 2024	USD 33.50	3.09%	India
48	The Hi-Tech Gears Limited 48 HITECHGEAR.NS	USD 10.00 M	March 31, 2024	USD 8.99	3.14%	India
49	Honda India Power Products Limited 49 HONDAPOWER.NS	USD 9.88 M	March 31, 2024	USD 29.97	2.35%	India
50	Federal-Mogul Goetze (India) Limited 50 FMGOETZE.NS	USD 9.58 M	March 31, 2024	USD 4.54	3.22%	India

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Frequently Asked Questions

Which Machinery company in India has the highest Free Cash Flow ?

The Machinery company in India with the highest Free Cash Flow is Tata Motors Limited (NSE: TATAMOTORS.NS) at USD 4.38 B.
Which Machinery company in India has the lowest Free Cash Flow ?

The Machinery company in India with the lowest Free Cash Flow is Mahindra & Mahindra Limited (NSE: M&M.NS) at USD -1.87 B.

What are the top 10 Machinery companies in India by Free Cash Flow ?

The top 10 Machinery companies in India by Free Cash Flow are Tata Motors Limited, Hero MotoCorp Limited, Eicher Motors Limited, Siemens Limited, ABB India Limited, Cummins India Limited, Escorts Kubota Limited, CIE Automotive India Limited, Whirlpool of India Limited and SKF India Limited.
What are the bottom 10 Machinery companies in India by Free Cash Flow ?

The bottom 10 Machinery companies in India by Free Cash Flow are Mahindra & Mahindra Limited, Bharat Heavy Electricals Limited, NMDC Steel Limited, Kirloskar Oil Engines Limited, HMT Limited, Greaves Cotton Limited, Kalyani Steels Limited, Triveni Engineering & Industries Limited, Hariom Pipe Industries Limited and Nahar Industrial Enterprises Limited.