Hindustan Aeronautics Limited (HAL) — Cash Flow Quality Index
Hindustan Aeronautics Limited (HAL) has a Cash Flow Quality Index of 4.81x as of September 2025. Operating cash flow of Rs80.36 Billion exceeds net income of Rs16.69 Billion, indicating high earnings quality where cash backs reported profits. Explore HAL cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hindustan Aeronautics Limited Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for Hindustan Aeronautics Limited across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hindustan Aeronautics Limited cash flow conversion.
Annual Cash Flow Quality Index for Hindustan Aeronautics Limited (2013–2025)
Year-by-year earnings quality comparison for Hindustan Aeronautics Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.63x | Rs136.43 Billion | Rs83.64 Billion | ▲ +51.2% |
| 2024 | 1.08x | Rs82.23 Billion | Rs76.21 Billion | ▼ -28.8% |
| 2023 | 1.52x | Rs88.30 Billion | Rs58.28 Billion | ▼ -23.3% |
| 2022 | 1.98x | Rs100.33 Billion | Rs50.80 Billion | ▼ -58.1% |
| 2021 | 4.71x | Rs152.63 Billion | Rs32.39 Billion | ▲ +735.1% |
| 2020 | 0.56x | Rs16.21 Billion | Rs28.73 Billion | ▲ +127.3% |
| 2019 | -2.07x | Rs-74.59 Billion | Rs36.10 Billion | ▼ -747.2% |
| 2018 | -0.24x | Rs-7.55 Billion | Rs30.95 Billion | ▼ -117.1% |
| 2017 | -0.11x | Rs-4.05 Billion | Rs36.01 Billion | ▼ -111.5% |
| 2016 | 0.98x | Rs31.48 Billion | Rs32.23 Billion | ▼ -47.3% |
| 2015 | 1.85x | Rs29.17 Billion | Rs15.74 Billion | ▲ +33.6% |
| 2014 | 1.39x | Rs50.62 Billion | Rs36.51 Billion | ▲ +131.4% |
| 2013 | -4.41x | Rs-165.38 Billion | Rs37.51 Billion | — |