PSP Projects Limited (PSPPROJECT) — Cash Flow Quality Index
PSP Projects Limited (PSPPROJECT) has a Cash Flow Quality Index of -2.62x as of September 2025. Operating cash flow of Rs-423.85 Million is below net income of Rs161.65 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore PSPPROJECT debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
PSP Projects Limited Cash Flow Quality Index (2012–2026)
Historical Cash Flow Quality Index for PSP Projects Limited across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PSP Projects Limited cash flow conversion.
Annual Cash Flow Quality Index for PSP Projects Limited (2012–2026)
Year-by-year earnings quality comparison for PSP Projects Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 5.54x | Rs3.07 Billion | Rs555.16 Million | ▲ +492.5% |
| 2025 | 0.93x | Rs527.10 Million | Rs564.18 Million | ▲ +151.3% |
| 2024 | -1.82x | Rs-2.24 Billion | Rs1.23 Billion | ▼ -825.7% |
| 2023 | 0.25x | Rs452.78 Million | Rs1.80 Billion | ▼ -62.2% |
| 2022 | 0.66x | Rs1.47 Billion | Rs2.22 Billion | ▼ -2.0% |
| 2021 | 0.68x | Rs734.69 Million | Rs1.09 Billion | ▲ +656.7% |
| 2020 | 0.09x | Rs155.09 Million | Rs1.73 Billion | ▼ -41.7% |
| 2019 | 0.15x | Rs210.75 Million | Rs1.37 Billion | ▼ -76.9% |
| 2018 | 0.66x | Rs681.06 Million | Rs1.02 Billion | ▲ +556.6% |
| 2017 | 0.10x | Rs64.80 Million | Rs640.03 Million | ▼ -91.8% |
| 2016 | 1.24x | Rs419.41 Million | Rs339.01 Million | ▼ -42.0% |
| 2015 | 2.13x | Rs299.67 Million | Rs140.54 Million | ▲ +68.5% |
| 2014 | 1.27x | Rs195.00 Million | Rs154.09 Million | ▼ -12.7% |
| 2013 | 1.45x | Rs263.61 Million | Rs181.92 Million | ▼ -23.5% |
| 2012 | 1.89x | Rs158.14 Million | Rs83.52 Million | — |