Excel Industries Limited (EXCELINDUS) — Cash Flow Quality Index
Excel Industries Limited (EXCELINDUS) has a Cash Flow Quality Index of 0.23x as of September 2025. Operating cash flow of Rs163.84 Million is below net income of Rs719.33 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore EXCELINDUS long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Excel Industries Limited Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Excel Industries Limited across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Excel Industries Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Excel Industries Limited (2005–2025)
Year-by-year earnings quality comparison for Excel Industries Limited. For live market cap and the full company financial profile, see EXCELINDUS market cap overview.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.55x | Rs618.19 Million | Rs1.13 Billion | ▼ -87.1% |
| 2024 | 4.25x | Rs723.73 Million | Rs170.10 Million | ▲ +259.0% |
| 2023 | 1.19x | Rs1.25 Billion | Rs1.06 Billion | ▲ +132.2% |
| 2022 | 0.51x | Rs1.09 Billion | Rs2.13 Billion | ▼ -43.4% |
| 2021 | 0.90x | Rs908.56 Million | Rs1.01 Billion | ▼ -6.0% |
| 2020 | 0.96x | Rs1.10 Billion | Rs1.15 Billion | ▲ +66.2% |
| 2019 | 0.58x | Rs1.35 Billion | Rs2.34 Billion | ▼ -48.2% |
| 2018 | 1.11x | Rs1.19 Billion | Rs1.07 Billion | ▼ -2.7% |
| 2017 | 1.14x | Rs308.27 Million | Rs269.34 Million | ▼ -6.7% |
| 2016 | 1.23x | Rs459.86 Million | Rs374.92 Million | ▲ +41.9% |
| 2015 | 0.86x | Rs440.88 Million | Rs509.99 Million | ▲ +36.5% |
| 2014 | 0.63x | Rs134.00 Million | Rs211.51 Million | ▼ -49.4% |
| 2013 | 1.25x | Rs273.55 Million | Rs218.61 Million | ▲ +4.6% |
| 2012 | 1.20x | Rs149.06 Million | Rs124.55 Million | ▼ -6.4% |
| 2011 | 1.28x | Rs264.33 Million | Rs206.83 Million | ▼ -36.3% |
| 2010 | 2.01x | Rs222.96 Million | Rs111.16 Million | ▲ +42.8% |
| 2009 | 1.40x | Rs14.79 Million | Rs10.53 Million | ▼ -9.9% |
| 2008 | 1.56x | Rs93.56 Million | Rs60.00 Million | ▲ +4.5% |
| 2006 | 1.49x | Rs14.80 Million | Rs9.92 Million | ▲ +104.1% |
| 2005 | -36.59x | Rs-138.58 Million | Rs3.79 Million | — |