Bharat Heavy Electricals Limited (BHEL) — Cash Flow Quality Index

Latest as of March 2025: 4.35x

Bharat Heavy Electricals Limited (BHEL) has a Cash Flow Quality Index of 4.35x as of March 2025. Operating cash flow of Rs21.92 Billion exceeds net income of Rs5.04 Billion, indicating high earnings quality where cash backs reported profits. Explore Bharat Heavy Electricals Limited strategic investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

4.35x
Operating CF / Net Income

Operating Cash Flow

Rs21.92 Billion
INR

Net Income

Rs5.04 Billion
INR

Data as of

Mar 2025
Most recent filing

Bharat Heavy Electricals Limited Cash Flow Quality Index (2004–2026)

Historical Cash Flow Quality Index for Bharat Heavy Electricals Limited across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Bharat Heavy Electricals Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Bharat Heavy Electricals Limited (2004–2026)

Year-by-year earnings quality comparison for Bharat Heavy Electricals Limited. For live market cap and the full company financial profile, see Bharat Heavy Electricals Limited (BHEL) market capitalisation.

Year Quality Index Operating CF (INR) Net Income YoY Change
2026 3.63x Rs58.16 Billion Rs16.00 Billion ▼ -11.5%
2025 4.11x Rs21.92 Billion Rs5.34 Billion ▲ +131.2%
2024 -13.16x Rs-37.13 Billion Rs2.82 Billion ▼ -750.6%
2023 -1.55x Rs-7.42 Billion Rs4.79 Billion ▼ -210.2%
2022 1.40x Rs6.60 Billion Rs4.70 Billion ▲ +166.8%
2019 -2.10x Rs-38.86 Billion Rs18.50 Billion ▼ -358.0%
2018 0.81x Rs9.89 Billion Rs12.15 Billion ▼ -11.1%
2017 0.92x Rs5.36 Billion Rs5.86 Billion ▲ +143.8%
2015 0.38x Rs8.21 Billion Rs21.87 Billion ▼ -57.7%
2014 0.89x Rs45.12 Billion Rs50.78 Billion ▲ +383.6%
2013 0.18x Rs17.51 Billion Rs95.31 Billion ▲ +371.9%
2012 -0.07x Rs-7.01 Billion Rs103.67 Billion ▼ -122.7%
2011 0.30x Rs26.99 Billion Rs90.66 Billion ▲ +20.9%
2010 0.25x Rs16.30 Billion Rs66.21 Billion ▼ -65.6%
2009 0.72x Rs34.63 Billion Rs48.38 Billion ▼ -8.8%
2008 0.79x Rs34.78 Billion Rs44.30 Billion ▲ +4.0%
2007 0.76x Rs28.21 Billion Rs37.36 Billion ▲ +19.3%
2006 0.63x Rs16.24 Billion Rs25.64 Billion ▲ +22.4%
2005 0.52x Rs8.18 Billion Rs15.82 Billion ▼ -69.0%
2004 1.67x Rs16.96 Billion Rs10.15 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.