Hindalco Industries Limited (HINDALCO) — Cash Flow Quality Index
Hindalco Industries Limited (HINDALCO) has a Cash Flow Quality Index of 0.92x as of September 2025. Operating cash flow of Rs80.36 Billion is below net income of Rs87.45 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Hindalco Industries Limited to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hindalco Industries Limited Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for Hindalco Industries Limited across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hindalco Industries Limited (HINDALCO) cash conversion ratio.
Annual Cash Flow Quality Index for Hindalco Industries Limited (2004–2025)
Year-by-year earnings quality comparison for Hindalco Industries Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.53x | Rs244.10 Billion | Rs160.01 Billion | ▼ -11.1% |
| 2024 | 1.72x | Rs240.56 Billion | Rs140.12 Billion | ▲ +18.3% |
| 2023 | 1.45x | Rs192.08 Billion | Rs132.41 Billion | ▲ +68.6% |
| 2022 | 0.86x | Rs168.38 Billion | Rs195.74 Billion | ▼ -60.5% |
| 2021 | 2.18x | Rs172.32 Billion | Rs79.05 Billion | ▲ +2.0% |
| 2020 | 2.14x | Rs126.65 Billion | Rs59.24 Billion | ▲ +44.3% |
| 2019 | 1.48x | Rs119.77 Billion | Rs80.83 Billion | ▲ +10.9% |
| 2018 | 1.34x | Rs108.98 Billion | Rs81.57 Billion | ▼ -65.1% |
| 2017 | 3.83x | Rs126.87 Billion | Rs33.15 Billion | ▼ -81.8% |
| 2015 | 20.99x | Rs71.43 Billion | Rs3.40 Billion | ▲ +600.1% |
| 2014 | 3.00x | Rs79.56 Billion | Rs26.53 Billion | ▲ +293.7% |
| 2013 | 0.76x | Rs29.77 Billion | Rs39.09 Billion | ▼ -56.5% |
| 2012 | 1.75x | Rs76.02 Billion | Rs43.45 Billion | ▲ +8.0% |
| 2011 | 1.62x | Rs62.26 Billion | Rs38.43 Billion | ▲ +103.0% |
| 2010 | 0.80x | Rs49.32 Billion | Rs61.81 Billion | ▼ -56.4% |
| 2008 | 1.83x | Rs54.00 Billion | Rs29.54 Billion | ▲ +95.4% |
| 2007 | 0.94x | Rs34.26 Billion | Rs36.62 Billion | ▲ +56.5% |
| 2006 | 0.60x | Rs12.13 Billion | Rs20.28 Billion | ▼ -42.5% |
| 2005 | 1.04x | Rs19.33 Billion | Rs18.60 Billion | ▲ +2.6% |
| 2004 | 1.01x | Rs15.06 Billion | Rs14.86 Billion | — |