Azad Engineering Limited Cash Flow Quality Index
Azad Engineering Limited cash flow quality index. Azad Engineering Limited (AZAD) has a Cash Flow Quality Index of -1.22x as of September 2025. Operating cash flow of Rs-758.90 Million is below net income of Rs623.79 Million, suggesting accrual-heavy earnings not yet converted to cash. See AZAD financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Azad Engineering Limited (2021–2026)
Cash flow quality index of Azad Engineering Limited from 2021 to 2026. Historical Cash Flow Quality Index for Azad Engineering Limited across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Azad Engineering Limited debt service capacity to assess how comfortably operating cash covers total debt obligations.
Azad Engineering Limited Cash Flow Quality Index by Year (2021–2026)
Azad Engineering Limited cash flow quality index by year from 2021 to 2026. Year-by-year earnings quality comparison for Azad Engineering Limited. For the full cash flow conversion analysis, see AZAD cash flow conversion.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | -0.64x | Rs-1.19 Billion | Rs1.87 Billion | ▼ -203.3% |
| 2025 | 0.61x | Rs536.67 Million | Rs873.18 Million | ▲ +814.5% |
| 2024 | -0.09x | Rs-69.49 Million | Rs807.86 Million | ▲ +92.9% |
| 2023 | -1.20x | Rs-102.09 Million | Rs84.73 Million | ▼ -269.5% |
| 2022 | 0.71x | Rs209.39 Million | Rs294.57 Million | ▲ +1509.2% |
| 2021 | 0.04x | Rs5.08 Million | Rs115.00 Million | — |