Nitiraj Engineers Limited (NITIRAJ) — Cash Flow Quality Index
Nitiraj Engineers Limited (NITIRAJ) has a Cash Flow Quality Index of -4.67x as of September 2025. Operating cash flow of Rs-81.48 Million is below net income of Rs17.46 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Nitiraj Engineers Limited 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
Nitiraj Engineers Limited Cash Flow Quality Index (2012–2025)
Historical Cash Flow Quality Index for Nitiraj Engineers Limited across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NITIRAJ cash flow conversion.
Annual Cash Flow Quality Index for Nitiraj Engineers Limited (2012–2025)
Year-by-year earnings quality comparison for Nitiraj Engineers Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.94x | Rs141.98 Million | Rs48.31 Million | ▲ +97.9% |
| 2024 | 1.49x | Rs178.75 Million | Rs120.36 Million | ▲ +240.5% |
| 2021 | 0.44x | Rs15.44 Million | Rs35.40 Million | ▼ -89.4% |
| 2020 | 4.10x | Rs98.96 Million | Rs24.11 Million | ▲ +56.3% |
| 2019 | 2.63x | Rs157.96 Million | Rs60.16 Million | ▲ +383.6% |
| 2018 | -0.93x | Rs-28.18 Million | Rs30.44 Million | ▲ +14.0% |
| 2017 | -1.08x | Rs-49.57 Million | Rs46.03 Million | ▼ -206.4% |
| 2016 | -0.35x | Rs-25.49 Million | Rs72.53 Million | ▲ +33.7% |
| 2015 | -0.53x | Rs-29.36 Million | Rs55.36 Million | ▼ -148.8% |
| 2014 | 1.09x | Rs56.88 Million | Rs52.30 Million | ▼ -32.0% |
| 2013 | 1.60x | Rs26.12 Million | Rs16.33 Million | ▲ +392.8% |
| 2012 | 0.32x | Rs11.95 Million | Rs36.80 Million | — |