Grasim Industries Limited (GRASIM) — Cash Flow Quality Index
Grasim Industries Limited (GRASIM) has a Cash Flow Quality Index of -9.96x as of September 2025. Operating cash flow of Rs-80.15 Billion is below net income of Rs8.05 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Grasim Industries Limited (GRASIM) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Grasim Industries Limited Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Grasim Industries Limited across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Grasim Industries Limited operating cash flow efficiency.
Annual Cash Flow Quality Index for Grasim Industries Limited (2005–2025)
Year-by-year earnings quality comparison for Grasim Industries Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.95x | Rs205.10 Billion | Rs105.28 Billion | ▲ +202.2% |
| 2024 | -1.91x | Rs-107.19 Billion | Rs56.24 Billion | ▼ -118.1% |
| 2023 | -0.87x | Rs-126.85 Billion | Rs145.18 Billion | ▼ -252.0% |
| 2022 | 0.57x | Rs70.38 Billion | Rs122.47 Billion | ▼ -62.5% |
| 2021 | 1.53x | Rs147.01 Billion | Rs95.82 Billion | ▼ -44.0% |
| 2020 | 2.74x | Rs166.66 Billion | Rs60.85 Billion | ▲ +947.9% |
| 2019 | -0.32x | Rs-16.59 Billion | Rs51.34 Billion | ▲ +50.4% |
| 2018 | -0.65x | Rs-41.40 Billion | Rs63.62 Billion | ▼ -152.1% |
| 2017 | 1.25x | Rs72.76 Billion | Rs58.23 Billion | ▼ -4.5% |
| 2016 | 1.31x | Rs58.68 Billion | Rs44.86 Billion | ▼ -2.0% |
| 2015 | 1.33x | Rs45.94 Billion | Rs34.43 Billion | ▲ +34.8% |
| 2014 | 0.99x | Rs35.49 Billion | Rs35.86 Billion | ▲ +20.7% |
| 2013 | 0.82x | Rs42.42 Billion | Rs51.71 Billion | ▼ -7.3% |
| 2012 | 0.89x | Rs42.95 Billion | Rs48.52 Billion | ▼ -4.3% |
| 2011 | 0.92x | Rs35.60 Billion | Rs38.49 Billion | ▼ -4.4% |
| 2010 | 0.97x | Rs48.29 Billion | Rs49.93 Billion | ▲ +0.7% |
| 2009 | 0.96x | Rs34.63 Billion | Rs36.07 Billion | ▲ +17.6% |
| 2008 | 0.82x | Rs36.97 Billion | Rs45.30 Billion | ▼ -4.9% |
| 2007 | 0.86x | Rs29.64 Billion | Rs34.51 Billion | ▼ -32.7% |
| 2006 | 1.28x | Rs19.84 Billion | Rs15.55 Billion | ▲ +28.3% |
| 2005 | 0.99x | Rs14.23 Billion | Rs14.32 Billion | — |