Vardhman Special Steels Limited (VSSL) — Cash Flow Quality Index
Vardhman Special Steels Limited (VSSL) has a Cash Flow Quality Index of 1.30x as of September 2025. Operating cash flow of Rs709.09 Million exceeds net income of Rs544.59 Million, indicating high earnings quality where cash backs reported profits. Explore VSSL long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Vardhman Special Steels Limited Cash Flow Quality Index (2011–2026)
Historical Cash Flow Quality Index for Vardhman Special Steels Limited across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Vardhman Special Steels Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Vardhman Special Steels Limited (2011–2026)
Year-by-year earnings quality comparison for Vardhman Special Steels Limited. For live market cap and the full company financial profile, see Vardhman Special Steels Limited (VSSL) market capitalisation.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.65x | Rs1.06 Billion | Rs1.64 Billion | ▼ -52.7% |
| 2025 | 1.36x | Rs1.27 Billion | Rs930.88 Million | ▼ -12.3% |
| 2024 | 1.55x | Rs1.42 Billion | Rs916.28 Million | ▲ +183.7% |
| 2023 | 0.55x | Rs735.75 Million | Rs1.34 Billion | ▲ +47.3% |
| 2022 | 0.37x | Rs588.80 Million | Rs1.58 Billion | ▼ -71.7% |
| 2021 | 1.31x | Rs872.39 Million | Rs663.77 Million | ▲ +254.4% |
| 2019 | -0.85x | Rs-188.47 Million | Rs221.39 Million | ▼ -290.6% |
| 2018 | 0.45x | Rs112.10 Million | Rs250.96 Million | ▼ -87.4% |
| 2017 | 3.56x | Rs680.35 Million | Rs191.34 Million | ▼ -63.0% |
| 2016 | 9.61x | Rs501.00 Million | Rs52.13 Million | ▲ +46.6% |
| 2013 | 6.56x | Rs550.14 Million | Rs83.91 Million | ▲ +5214.8% |
| 2012 | 0.12x | Rs51.25 Million | Rs415.49 Million | ▲ +117.1% |
| 2011 | -0.72x | Rs-77.34 Million | Rs107.27 Million | — |