Gandhar Oil Refinery (India) Limited (GANDHAR) — Cash Flow Quality Index
Gandhar Oil Refinery (India) Limited (GANDHAR) has a Cash Flow Quality Index of 0.53x as of September 2025. Operating cash flow of Rs331.76 Million is below net income of Rs622.83 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore GANDHAR debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Gandhar Oil Refinery (India) Limited Cash Flow Quality Index (2013–2026)
Historical Cash Flow Quality Index for Gandhar Oil Refinery (India) Limited across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Gandhar Oil Refinery (India) Limited generate cash.
Annual Cash Flow Quality Index for Gandhar Oil Refinery (India) Limited (2013–2026)
Year-by-year earnings quality comparison for Gandhar Oil Refinery (India) Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.74x | Rs1.00 Billion | Rs1.35 Billion | ▲ +303.6% |
| 2025 | 0.18x | Rs147.13 Million | Rs800.32 Million | ▲ +137.3% |
| 2024 | -0.49x | Rs-693.37 Million | Rs1.41 Billion | ▼ -207.1% |
| 2023 | 0.46x | Rs879.27 Million | Rs1.91 Billion | ▼ -53.5% |
| 2022 | 0.99x | Rs1.67 Billion | Rs1.68 Billion | ▲ +27.3% |
| 2021 | 0.78x | Rs1.18 Billion | Rs1.52 Billion | ▲ +1348.2% |
| 2020 | -0.06x | Rs-7.33 Million | Rs117.50 Million | ▼ -100.9% |
| 2019 | 6.77x | Rs1.27 Billion | Rs187.34 Million | ▲ +200.0% |
| 2018 | 2.26x | Rs1.45 Billion | Rs644.40 Million | ▲ +677.6% |
| 2017 | -0.39x | Rs-290.13 Million | Rs742.85 Million | ▼ -112.2% |
| 2016 | 3.21x | Rs833.23 Million | Rs259.49 Million | ▲ +1212.5% |
| 2015 | 0.24x | Rs73.98 Million | Rs302.39 Million | ▲ +111.5% |
| 2014 | -2.14x | Rs-656.61 Million | Rs307.44 Million | ▼ -65.1% |
| 2013 | -1.29x | Rs-507.41 Million | Rs392.36 Million | — |