ICRA Limited Cash Flow Quality Index
ICRA Limited cash flow quality index. ICRA Limited (ICRA) has a Cash Flow Quality Index of 0.86x as of September 2025. Operating cash flow of Rs779.99 Million is below net income of Rs902.47 Million, suggesting accrual-heavy earnings not yet converted to cash. See ICRA Limited (ICRA) flexibility index to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of ICRA Limited (2002–2025)
Cash flow quality index of ICRA Limited from 2002 to 2025. Historical Cash Flow Quality Index for ICRA Limited across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore ICRA Limited cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
ICRA Limited Cash Flow Quality Index by Year (2002–2025)
ICRA Limited cash flow quality index by year from 2002 to 2025. Year-by-year earnings quality comparison for ICRA Limited. For the full cash flow conversion analysis, see how efficiently does ICRA Limited generate cash.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.85x | Rs1.45 Billion | Rs1.70 Billion | ▲ +20.3% |
| 2024 | 0.71x | Rs1.07 Billion | Rs1.51 Billion | ▲ +29.3% |
| 2023 | 0.55x | Rs992.58 Million | Rs1.81 Billion | ▼ -14.5% |
| 2022 | 0.64x | Rs973.75 Million | Rs1.52 Billion | ▼ -6.1% |
| 2021 | 0.68x | Rs763.84 Million | Rs1.12 Billion | ▲ +320.6% |
| 2020 | 0.16x | Rs213.19 Million | Rs1.31 Billion | ▼ -69.5% |
| 2019 | 0.53x | Rs808.54 Million | Rs1.52 Billion | ▲ +34.7% |
| 2018 | 0.39x | Rs619.00 Million | Rs1.57 Billion | ▼ -27.9% |
| 2017 | 0.55x | Rs639.53 Million | Rs1.17 Billion | ▼ -9.3% |
| 2016 | 0.60x | Rs711.89 Million | Rs1.18 Billion | ▼ -11.0% |
| 2015 | 0.68x | Rs680.64 Million | Rs1.00 Billion | ▼ -20.4% |
| 2014 | 0.85x | Rs833.78 Million | Rs979.07 Million | ▲ +156.0% |
| 2013 | 0.33x | Rs239.67 Million | Rs720.43 Million | ▼ -32.4% |
| 2012 | 0.49x | Rs389.82 Million | Rs791.72 Million | ▼ -23.4% |
| 2011 | 0.64x | Rs475.41 Million | Rs739.76 Million | ▲ +22.1% |
| 2010 | 0.53x | Rs417.33 Million | Rs792.60 Million | ▼ -22.1% |
| 2009 | 0.68x | Rs384.20 Million | Rs568.12 Million | ▼ -12.8% |
| 2008 | 0.78x | Rs313.29 Million | Rs404.15 Million | ▲ +32.4% |
| 2007 | 0.59x | Rs159.12 Million | Rs271.71 Million | ▲ +25.9% |
| 2006 | 0.47x | Rs92.38 Million | Rs198.57 Million | ▼ -11.7% |
| 2005 | 0.53x | Rs42.66 Million | Rs80.95 Million | ▼ -10.2% |
| 2004 | 0.59x | Rs64.93 Million | Rs110.58 Million | ▲ +7.6% |
| 2003 | 0.55x | Rs52.96 Million | Rs97.05 Million | ▲ +0.9% |
| 2002 | 0.54x | Rs48.45 Million | Rs89.61 Million | — |