Vardhman Special Steels Limited (VSSL) — Financial Flexibility Index

Latest as of September 2025: 0.58x

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). Also explore Vardhman Special Steels Limited net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.58x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs2.05 Billion
Operating CF − Capex

Total Liabilities

Rs3.51 Billion
INR

Capital Expenditures

Rs1.34 Billion
INR

Vardhman Special Steels Limited Financial Flexibility Index (2011–2026)

Historical Financial Flexibility Index trend for Vardhman Special Steels Limited across 16 annual periods. Check VSSL strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Vardhman Special Steels Limited (2011–2026)

Year-by-year free cash flow to debt coverage for Vardhman Special Steels Limited. For the full company profile including market capitalisation, see Vardhman Special Steels Limited (VSSL) market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities