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. Also see how much is Vardhman Special Steels Limited worth for the company's overall valuation and market capitalisation.

Vardhman Special Steels Limited - Cash Flow Conversion Efficiency Trend (2011–2026)

This chart illustrates how Vardhman Special Steels Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore earnings quality score of Vardhman Special Steels Limited to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Salmones Camanchaca S.A SN:SALMOCAM	-0.019x
Moso Power Supply Technology Co Ltd SHE:002660	0.069x
Ratchthani Leasing Public Company Limited BK:THANI	0.127x
Tharisa plc JSE:THA	0.048x
eQ Oyj HE:EQV1V	0.103x
PureTech Health PLC NASDAQ:PRTC	-0.126x
Shanghai Jiaoda Onlly Co Ltd SHG:600530	0.031x
Xingyuan Environment Technology Co Ltd SHE:300266	0.082x

Annual Cash Flow Conversion Efficiency for Vardhman Special Steels Limited (2011–2026)

The table below shows the annual cash flow conversion efficiency of Vardhman Special Steels Limited from 2011 to 2026. View VSSL live share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs12.77 Billion ≈ $138.14 Million	Rs1.06 Billion ≈ $11.45 Million	0.083x	-47.89%
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

$423.16 Million

Rs39.13 Billion INR

Market Cap Rank

#13223 Global

#654 in India

Share Price

Rs404.70

Change (1 day)

-0.33%

52-Week Range

Rs208.40 - Rs406.05

All Time High

Rs406.05