NHPC Limited (NHPC) — Cash Flow Quality Index
Latest as of September 2025:
0.76x
NHPC Limited (NHPC) has a Cash Flow Quality Index of 0.76x as of September 2025. Operating cash flow of Rs15.83 Billion is below net income of Rs20.86 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore NHPC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.76x
Operating CF / Net Income
Operating Cash Flow
Rs15.83 Billion
INR
Net Income
Rs20.86 Billion
INR
Data as of
Sep 2025
Most recent filing
NHPC Limited Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for NHPC Limited across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NHPC cash generation efficiency.
Annual Cash Flow Quality Index for NHPC Limited (2002–2025)
Year-by-year earnings quality comparison for NHPC Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.67x | Rs50.26 Billion | Rs30.07 Billion | ▼ -12.7% |
| 2024 | 1.91x | Rs69.38 Billion | Rs36.24 Billion | ▲ +114.2% |
| 2023 | 0.89x | Rs46.92 Billion | Rs52.52 Billion | ▼ -38.9% |
| 2022 | 1.46x | Rs64.72 Billion | Rs44.27 Billion | ▲ +22.9% |
| 2021 | 1.19x | Rs50.73 Billion | Rs42.66 Billion | ▲ +41.0% |
| 2020 | 0.84x | Rs32.52 Billion | Rs38.56 Billion | ▼ -21.1% |
| 2019 | 1.07x | Rs35.46 Billion | Rs33.16 Billion | ▼ -39.1% |
| 2018 | 1.76x | Rs50.98 Billion | Rs29.01 Billion | ▼ -22.4% |
| 2017 | 2.26x | Rs86.32 Billion | Rs38.15 Billion | ▲ +37.3% |
| 2016 | 1.65x | Rs54.34 Billion | Rs32.98 Billion | ▲ +29.7% |
| 2015 | 1.27x | Rs40.61 Billion | Rs31.96 Billion | ▼ -16.0% |
| 2014 | 1.51x | Rs38.24 Billion | Rs25.29 Billion | ▲ +108.5% |
| 2013 | 0.73x | Rs28.46 Billion | Rs39.23 Billion | ▼ -6.7% |
| 2012 | 0.78x | Rs33.83 Billion | Rs43.51 Billion | ▼ -33.6% |
| 2011 | 1.17x | Rs38.11 Billion | Rs32.57 Billion | ▼ -20.1% |
| 2010 | 1.46x | Rs40.33 Billion | Rs27.54 Billion | ▼ -45.7% |
| 2009 | 2.70x | Rs33.57 Billion | Rs12.44 Billion | ▲ +1.5% |
| 2008 | 2.66x | Rs32.09 Billion | Rs12.07 Billion | ▲ +100.6% |
| 2007 | 1.33x | Rs21.11 Billion | Rs15.93 Billion | ▼ -42.7% |
| 2006 | 2.31x | Rs19.99 Billion | Rs8.65 Billion | ▼ -10.1% |
| 2005 | 2.57x | Rs16.92 Billion | Rs6.58 Billion | ▲ +48.0% |
| 2004 | 1.74x | Rs10.68 Billion | Rs6.14 Billion | ▲ +5.6% |
| 2003 | 1.65x | Rs8.34 Billion | Rs5.07 Billion | ▲ +10.1% |
| 2002 | 1.50x | Rs7.92 Billion | Rs5.29 Billion | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.