Vardhman Holdings Limited (VHL) — Cash Flow Quality Index
Vardhman Holdings Limited (VHL) has a Cash Flow Quality Index of -0.01x as of September 2025. Operating cash flow of Rs-9.50 Million is below net income of Rs1.09 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore VHL 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
Vardhman Holdings Limited Cash Flow Quality Index (2005–2026)
Historical Cash Flow Quality Index for Vardhman Holdings Limited across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Vardhman Holdings Limited (VHL) cash flow conversion.
Annual Cash Flow Quality Index for Vardhman Holdings Limited (2005–2026)
Year-by-year earnings quality comparison for Vardhman Holdings Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.17x | Rs359.70 Million | Rs2.16 Billion | ▲ +879.7% |
| 2025 | -0.02x | Rs-55.10 Million | Rs2.58 Billion | ▼ -36.6% |
| 2024 | -0.02x | Rs-28.91 Million | Rs1.85 Billion | ▼ -373.8% |
| 2023 | 0.01x | Rs12.85 Million | Rs2.25 Billion | ▲ +173.0% |
| 2022 | -0.01x | Rs-35.96 Million | Rs4.59 Billion | ▼ -101.3% |
| 2021 | 0.62x | Rs821.43 Million | Rs1.33 Billion | ▲ +185.7% |
| 2020 | -0.72x | Rs-945.73 Million | Rs1.31 Billion | ▼ -2232.2% |
| 2019 | 0.03x | Rs59.93 Million | Rs1.78 Billion | ▲ +191.8% |
| 2018 | 0.01x | Rs22.23 Million | Rs1.92 Billion | ▲ +110.4% |
| 2017 | -0.11x | Rs-343.53 Million | Rs3.10 Billion | ▼ -114.6% |
| 2016 | 0.76x | Rs376.26 Million | Rs494.64 Million | ▲ +6.7% |
| 2015 | 0.71x | Rs221.87 Million | Rs311.33 Million | ▼ -3.9% |
| 2014 | 0.74x | Rs134.14 Million | Rs180.97 Million | ▲ +4.5% |
| 2013 | 0.71x | Rs88.33 Million | Rs124.51 Million | ▲ +301.0% |
| 2012 | 0.18x | Rs97.28 Million | Rs549.88 Million | ▼ -88.6% |
| 2011 | 1.56x | Rs127.57 Million | Rs81.92 Million | ▲ +841.5% |
| 2010 | 0.17x | Rs14.15 Million | Rs85.58 Million | ▼ -52.0% |
| 2009 | 0.34x | Rs29.56 Million | Rs85.86 Million | ▲ +40.6% |
| 2008 | 0.24x | Rs5.13 Million | Rs20.96 Million | ▼ -74.4% |
| 2007 | 0.96x | Rs131.84 Million | Rs137.73 Million | ▲ +8.8% |
| 2006 | 0.88x | Rs96.93 Million | Rs110.13 Million | ▲ +183.6% |
| 2005 | -1.05x | Rs-51.86 Million | Rs49.24 Million | — |