Garden Reach Shipbuilders & Engineers Limited (GRSE) — Cash Flow Quality Index
Garden Reach Shipbuilders & Engineers Limited (GRSE) has a Cash Flow Quality Index of -3.93x as of September 2025. Operating cash flow of Rs-6.05 Billion is below net income of Rs1.54 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore GRSE long-term asset investment ratio 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
Garden Reach Shipbuilders & Engineers Limited Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for Garden Reach Shipbuilders & Engineers Limited across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check GRSE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Garden Reach Shipbuilders & Engineers Limited (2013–2025)
Year-by-year earnings quality comparison for Garden Reach Shipbuilders & Engineers Limited. For live market cap and the full company financial profile, see Garden Reach Shipbuilders & Engineers Li market capitalisation.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | Rs155.87 Million | Rs7.03 Billion | ▲ +101.1% |
| 2024 | -1.98x | Rs-7.07 Billion | Rs3.57 Billion | ▼ -141.6% |
| 2023 | 4.75x | Rs14.50 Billion | Rs3.05 Billion | ▲ +443.2% |
| 2022 | -1.38x | Rs-3.56 Billion | Rs2.57 Billion | ▼ -155.4% |
| 2021 | 2.50x | Rs5.17 Billion | Rs2.07 Billion | ▼ -10.9% |
| 2020 | 2.80x | Rs6.28 Billion | Rs2.24 Billion | ▲ +549.4% |
| 2019 | -0.62x | Rs-1.12 Billion | Rs1.79 Billion | ▼ -7.7% |
| 2018 | -0.58x | Rs-740.16 Million | Rs1.28 Billion | ▲ +93.9% |
| 2017 | -9.50x | Rs-1.91 Billion | Rs201.18 Million | ▼ -659.8% |
| 2016 | 1.70x | Rs4.23 Billion | Rs2.49 Billion | ▲ +42.5% |
| 2015 | 1.19x | Rs1.07 Billion | Rs901.66 Million | ▲ +1528.4% |
| 2014 | 0.07x | Rs132.68 Million | Rs1.81 Billion | ▼ -84.5% |
| 2013 | 0.47x | Rs920.62 Million | Rs1.94 Billion | — |