Excel Industries Limited (EXCELINDUS) — Cash Flow Quality Index
Excel Industries Limited (EXCELINDUS) has a Cash Flow Quality Index of 0.30x as of September 2025. Operating cash flow of Rs163.84 Million is below net income of Rs549.48 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Excel Industries Limited to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Excel Industries Limited Cash Flow Quality Index (2005–2026)
Historical Cash Flow Quality Index for Excel Industries Limited across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see EXCELINDUS cash flow conversion.
Annual Cash Flow Quality Index for Excel Industries Limited (2005–2026)
Year-by-year earnings quality comparison for Excel Industries Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.01x | Rs761.00 Million | Rs756.65 Million | ▲ +83.7% |
| 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 | — |