V-Guard Industries Limited (VGUARD) — Cash Flow Quality Index
V-Guard Industries Limited (VGUARD) has a Cash Flow Quality Index of 1.40x as of September 2025. Operating cash flow of Rs1.95 Billion exceeds net income of Rs1.39 Billion, indicating high earnings quality where cash backs reported profits. Explore VGUARD 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
V-Guard Industries Limited Cash Flow Quality Index (2005–2026)
Historical Cash Flow Quality Index for V-Guard Industries Limited across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see V-Guard Industries Limited operating cash flow efficiency.
Annual Cash Flow Quality Index for V-Guard Industries Limited (2005–2026)
Year-by-year earnings quality comparison for V-Guard Industries Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.45x | Rs4.48 Billion | Rs3.08 Billion | ▼ -4.3% |
| 2025 | 1.52x | Rs4.77 Billion | Rs3.14 Billion | ▼ -0.3% |
| 2024 | 1.52x | Rs3.93 Billion | Rs2.58 Billion | ▼ -8.0% |
| 2023 | 1.66x | Rs4.24 Billion | Rs2.56 Billion | ▲ +1358.6% |
| 2022 | -0.13x | Rs-387.07 Million | Rs2.94 Billion | ▼ -117.1% |
| 2021 | 0.77x | Rs2.22 Billion | Rs2.88 Billion | ▲ +36.1% |
| 2020 | 0.57x | Rs1.41 Billion | Rs2.50 Billion | ▼ -20.4% |
| 2019 | 0.71x | Rs1.56 Billion | Rs2.20 Billion | ▲ +144.7% |
| 2018 | 0.29x | Rs522.49 Million | Rs1.80 Billion | ▼ -48.6% |
| 2017 | 0.57x | Rs1.19 Billion | Rs2.10 Billion | ▼ -30.5% |
| 2016 | 0.81x | Rs1.31 Billion | Rs1.61 Billion | ▼ -6.5% |
| 2015 | 0.87x | Rs883.35 Million | Rs1.01 Billion | ▼ -25.9% |
| 2014 | 1.18x | Rs1.11 Billion | Rs942.83 Million | ▲ +817.7% |
| 2013 | 0.13x | Rs105.23 Million | Rs821.76 Million | ▼ -89.4% |
| 2012 | 1.21x | Rs836.87 Million | Rs691.71 Million | ▲ +309.7% |
| 2011 | -0.58x | Rs-341.02 Million | Rs591.09 Million | ▼ -19.5% |
| 2010 | -0.48x | Rs-190.69 Million | Rs395.13 Million | ▼ -152.6% |
| 2009 | 0.92x | Rs241.05 Million | Rs262.79 Million | ▲ +724.4% |
| 2008 | 0.11x | Rs58.34 Million | Rs524.34 Million | ▼ -46.3% |
| 2007 | 0.21x | Rs42.48 Million | Rs204.99 Million | ▼ -76.1% |
| 2006 | 0.87x | Rs123.82 Million | Rs142.59 Million | ▼ -8.1% |
| 2005 | 0.94x | Rs52.10 Million | Rs55.16 Million | — |