Vardhman Special Steels Limited (VSSL) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.059x

Based on the latest financial reports, Vardhman Special Steels Limited (VSSL) has a cash flow conversion efficiency ratio of 0.059x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs709.09 Million ≈ $7.67 Million USD) by net assets (Rs12.08 Billion ≈ $130.65 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Vardhman Special Steels Limited - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Vardhman Special Steels Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Vardhman Special Steels Limited total liabilities for a breakdown of total debt and financial obligations.

Vardhman Special Steels Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Vardhman Special Steels Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
BMTC Group Inc TO:GBT	0.006x
High Liner Foods Incorporated TO:HLF	-0.061x
Kaimei Electronic Corp TW:2375	0.007x
SPCG Public Company Limited BK:SPCG	0.013x
MEDIPOST Co. Ltd KQ:078160	-0.054x
Ho Tung Chemical Corp TW:1714	-0.013x
Odfjell Technology Ltd OL:OTL	0.083x
EPACK Durable Limited NSE:EPACK	N/A

Annual Cash Flow Conversion Efficiency for Vardhman Special Steels Limited (2011–2025)

The table below shows the annual cash flow conversion efficiency of Vardhman Special Steels Limited from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see VSSL market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs7.98 Billion ≈ $86.29 Million	Rs1.27 Billion ≈ $13.72 Million	0.159x	-19.66%
2024-03-31	Rs7.19 Billion ≈ $77.80 Million	Rs1.42 Billion ≈ $15.40 Million	0.198x	+72.80%
2023-03-31	Rs6.42 Billion ≈ $69.45 Million	Rs735.75 Million ≈ $7.96 Million	0.115x	+7.98%
2022-03-31	Rs5.55 Billion ≈ $60.02 Million	Rs588.80 Million ≈ $6.37 Million	0.106x	-44.13%
2021-03-31	Rs4.59 Billion ≈ $49.68 Million	Rs872.39 Million ≈ $9.43 Million	0.190x	-42.00%
2020-03-31	Rs4.14 Billion ≈ $44.73 Million	Rs1.35 Billion ≈ $14.65 Million	0.327x	+728.86%
2019-03-31	Rs3.62 Billion ≈ $39.15 Million	Rs-188.47 Million ≈ $-2.04 Million	-0.052x	-257.59%
2018-03-31	Rs3.39 Billion ≈ $36.70 Million	Rs112.10 Million ≈ $1.21 Million	0.033x	-90.38%
2017-03-31	Rs1.98 Billion ≈ $21.42 Million	Rs680.35 Million ≈ $7.36 Million	0.343x	+19.94%
2016-03-31	Rs1.75 Billion ≈ $18.92 Million	Rs501.00 Million ≈ $5.42 Million	0.286x	+248.42%
2015-03-31	Rs1.70 Billion ≈ $18.36 Million	Rs-327.49 Million ≈ $-3.54 Million	-0.193x	+0.15%
2014-03-31	Rs1.86 Billion ≈ $20.09 Million	Rs-358.95 Million ≈ $-3.88 Million	-0.193x	-168.56%
2013-03-31	Rs1.95 Billion ≈ $21.11 Million	Rs550.14 Million ≈ $5.95 Million	0.282x	+946.73%
2012-03-31	Rs1.90 Billion ≈ $20.58 Million	Rs51.25 Million ≈ $554.28K	0.027x	+157.25%
2011-03-31	Rs1.64 Billion ≈ $17.78 Million	Rs-77.34 Million ≈ $-836.40K	-0.047x	--

About Vardhman Special Steels Limited

NSE:VSSL India Steel

Market Cap

$290.85 Million

Rs26.89 Billion INR

Market Cap Rank

#15093 Global

#741 in India

Share Price

Rs278.69

Change (1 day)

-1.21%

52-Week Range

Rs208.40 - Rs314.95

All Time High

Rs332.16