Shivalik Rasayan Limited (SHIVALIK) — Cash Flow Quality Index
Shivalik Rasayan Limited (SHIVALIK) has a Cash Flow Quality Index of -3.43x as of September 2025. Operating cash flow of Rs-168.43 Million is below net income of Rs49.14 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Shivalik Rasayan Limited to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shivalik Rasayan Limited Cash Flow Quality Index (2012–2026)
Historical Cash Flow Quality Index for Shivalik Rasayan Limited across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Shivalik Rasayan Limited.
Annual Cash Flow Quality Index for Shivalik Rasayan Limited (2012–2026)
Year-by-year earnings quality comparison for Shivalik Rasayan Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | -3.42x | Rs-414.68 Million | Rs121.36 Million | ▼ -563.0% |
| 2025 | -0.52x | Rs-86.05 Million | Rs166.96 Million | ▲ +18.8% |
| 2024 | -0.63x | Rs-80.75 Million | Rs127.17 Million | ▲ +0.0% |
| 2023 | -0.64x | Rs-189.49 Million | Rs298.33 Million | ▼ -295.4% |
| 2022 | 0.33x | Rs111.34 Million | Rs342.52 Million | ▼ -86.3% |
| 2021 | 2.37x | Rs587.69 Million | Rs248.05 Million | ▲ +812.8% |
| 2020 | 0.26x | Rs57.22 Million | Rs220.44 Million | ▲ +170.6% |
| 2019 | -0.37x | Rs-77.00 Million | Rs209.40 Million | ▲ +20.0% |
| 2018 | -0.46x | Rs-70.18 Million | Rs152.59 Million | ▼ -148.1% |
| 2017 | 0.96x | Rs80.88 Million | Rs84.60 Million | ▼ -75.7% |
| 2016 | 3.94x | Rs124.11 Million | Rs31.50 Million | ▲ +87.1% |
| 2015 | 2.11x | Rs38.05 Million | Rs18.07 Million | ▲ +488.9% |
| 2014 | -0.54x | Rs-6.39 Million | Rs11.80 Million | ▲ +81.5% |
| 2013 | -2.93x | Rs-27.24 Million | Rs9.29 Million | ▼ -202.6% |
| 2012 | -0.97x | Rs-8.46 Million | Rs8.73 Million | — |