Mahamaya Steel Industries Limited (MAHASTEEL) — Cash Flow Quality Index
Mahamaya Steel Industries Limited (MAHASTEEL) has a Cash Flow Quality Index of -1.01x as of September 2025. Operating cash flow of Rs-36.62 Million is below net income of Rs36.21 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MAHASTEEL operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Mahamaya Steel Industries Limited Cash Flow Quality Index (2009–2026)
Historical Cash Flow Quality Index for Mahamaya Steel Industries Limited across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Mahamaya Steel Industries Limited.
Annual Cash Flow Quality Index for Mahamaya Steel Industries Limited (2009–2026)
Year-by-year earnings quality comparison for Mahamaya Steel Industries Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.28x | Rs26.56 Million | Rs95.99 Million | ▼ -72.9% |
| 2025 | 1.02x | Rs88.46 Million | Rs86.50 Million | ▼ -51.9% |
| 2024 | 2.13x | Rs142.79 Million | Rs67.17 Million | ▲ +621.6% |
| 2023 | 0.29x | Rs17.71 Million | Rs60.11 Million | ▼ -96.7% |
| 2022 | 8.94x | Rs440.14 Million | Rs49.21 Million | ▲ +368.5% |
| 2021 | -3.33x | Rs-42.15 Million | Rs12.66 Million | ▼ -111.9% |
| 2020 | 28.02x | Rs345.83 Million | Rs12.34 Million | ▲ +1033.4% |
| 2019 | 2.47x | Rs178.27 Million | Rs72.12 Million | ▲ +315.9% |
| 2018 | 0.59x | Rs26.05 Million | Rs43.84 Million | ▼ -96.6% |
| 2017 | 17.61x | Rs133.72 Million | Rs7.59 Million | ▲ +423.8% |
| 2015 | 3.36x | Rs109.25 Million | Rs32.49 Million | ▼ -8.9% |
| 2014 | 3.69x | Rs162.90 Million | Rs44.12 Million | ▼ -47.1% |
| 2013 | 6.98x | Rs126.86 Million | Rs18.17 Million | ▲ +395.0% |
| 2012 | 1.41x | Rs157.87 Million | Rs111.93 Million | ▲ +43.1% |
| 2011 | 0.99x | Rs155.09 Million | Rs157.29 Million | ▲ +188.1% |
| 2010 | 0.34x | Rs45.73 Million | Rs133.62 Million | ▲ +7031.0% |
| 2009 | 0.00x | Rs638.00K | Rs132.93 Million | — |