Vardhman Special Steels Limited (VSSL) — Free Cash Flow Generation Index
Vardhman Special Steels Limited (VSSL) has a Free Cash Flow Generation Index of -0.90x as of September 2025. Free cash flow of Rs-634.86 Million represents -1% of operating cash flow (Rs709.09 Million). See VSSL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Vardhman Special Steels Limited Free Cash Flow Generation Index (2012–2026)
Historical FCF Generation Index trend for Vardhman Special Steels Limited across 12 annual periods. Explore Vardhman Special Steels Limited cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Vardhman Special Steels Limited (2012–2026)
Year-by-year Free Cash Flow Generation Index for Vardhman Special Steels Limited. For the full company profile including market capitalisation, see VSSL market cap overview.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | -1.29x | Rs-1.37 Billion | Rs1.06 Billion | Rs2.43 Billion | ▼ -1774.6% |
| 2025 | -0.07x | Rs-87.44 Million | Rs1.27 Billion | Rs1.19 Billion | ▼ -113.2% |
| 2024 | 0.52x | Rs744.43 Million | Rs1.42 Billion | Rs679.63 Million | ▼ -14.1% |
| 2023 | 0.61x | Rs447.87 Million | Rs735.75 Million | Rs287.89 Million | ▲ +52.0% |
| 2022 | 0.40x | Rs235.80 Million | Rs588.80 Million | Rs353.00 Million | ▼ -55.1% |
| 2021 | 0.89x | Rs777.55 Million | Rs872.39 Million | Rs94.84 Million | ▲ +21.2% |
| 2020 | 0.74x | Rs996.01 Million | Rs1.35 Billion | Rs358.28 Million | ▲ +572.8% |
| 2018 | -0.16x | Rs-17.44 Million | Rs112.10 Million | Rs129.54 Million | ▼ -130.0% |
| 2017 | 0.52x | Rs353.16 Million | Rs680.35 Million | Rs327.19 Million | ▲ +2.4% |
| 2016 | 0.51x | Rs253.85 Million | Rs501.00 Million | Rs247.15 Million | ▲ +132.9% |
| 2013 | -1.54x | Rs-846.81 Million | Rs550.14 Million | Rs1.40 Billion | ▲ +56.9% |
| 2012 | -3.57x | Rs-183.12 Million | Rs51.25 Million | Rs234.37 Million | — |