Vardhman Special Steels Limited Financial Flexibility Index
Vardhman Special Steels Limited financial flexibility index. Vardhman Special Steels Limited (VSSL) has a Financial Flexibility Index of 0.58x as of September 2025. Free cash flow of Rs2.05 Billion (operating CF Rs709.09 Million minus capex Rs1.34 Billion) represents 1% of total liabilities (Rs3.51 Billion). Explore VSSL capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Vardhman Special Steels Limited (2011–2026)
Financial flexibility index of Vardhman Special Steels Limited from 2011 to 2026. Historical Financial Flexibility Index trend for Vardhman Special Steels Limited across 16 annual periods. Check VSSL capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Vardhman Special Steels Limited Financial Flexibility Index by Year (2011–2026)
Vardhman Special Steels Limited financial flexibility index by year from 2011 to 2026. Year-by-year free cash flow to debt coverage for Vardhman Special Steels Limited. For the full cash flow conversion analysis, see Vardhman Special Steels Limited (VSSL) cash conversion ratio.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.98x | Rs3.48 Billion | Rs1.06 Billion | Rs3.56 Billion | ▲ +34.7% |
| 2025 | 0.73x | Rs2.46 Billion | Rs1.27 Billion | Rs3.38 Billion | ▲ +10.7% |
| 2024 | 0.66x | Rs2.10 Billion | Rs1.42 Billion | Rs3.20 Billion | ▲ +149.1% |
| 2023 | 0.26x | Rs1.02 Billion | Rs735.75 Million | Rs3.88 Billion | ▲ +2.4% |
| 2022 | 0.26x | Rs941.80 Million | Rs588.80 Million | Rs3.66 Billion | ▼ -8.6% |
| 2021 | 0.28x | Rs967.23 Million | Rs872.39 Million | Rs3.43 Billion | ▼ -41.3% |
| 2020 | 0.48x | Rs1.71 Billion | Rs1.35 Billion | Rs3.57 Billion | ▲ +316.5% |
| 2019 | 0.12x | Rs608.11 Million | Rs-188.47 Million | Rs5.27 Billion | ▲ +61.0% |
| 2018 | 0.07x | Rs241.64 Million | Rs112.10 Million | Rs3.37 Billion | ▼ -70.5% |
| 2017 | 0.24x | Rs1.01 Billion | Rs680.35 Million | Rs4.15 Billion | ▲ +41.5% |
| 2016 | 0.17x | Rs748.15 Million | Rs501.00 Million | Rs4.36 Billion | ▲ +1831.1% |
| 2015 | -0.01x | Rs-44.13 Million | Rs-327.49 Million | Rs4.45 Billion | ▼ -117.4% |
| 2014 | 0.06x | Rs215.80 Million | Rs-358.95 Million | Rs3.78 Billion | ▼ -88.6% |
| 2013 | 0.50x | Rs1.95 Billion | Rs550.14 Million | Rs3.88 Billion | ▲ +393.3% |
| 2012 | 0.10x | Rs285.62 Million | Rs51.25 Million | Rs2.81 Billion | ▲ +269.4% |
| 2011 | -0.06x | Rs-55.66 Million | Rs-77.34 Million | Rs925.96 Million | — |