If you're having to flash a battery, it's on it's last legs. Some life from it will only be temporary, and it's capacity will be lower.
Having looked into it a bit that's my view. Nicads fail because of whisker growth and separator failure, and both are age and temperature related, and probably related to the original quality. If you zap them you are only going to break the whiskers which have bridged the electrodes, not the ones which are growing. Zapping isn't going to fix the separator.
Another thing which damages them and reduces their capacity is reverse polarity. This happens when you have a lot of nicads connected together, as in a drill battery, and you flatten it. There'll always be a weakest cell and it flattens first, then the others drive it backwards and damage it.
There are lots of Youtube videos on rejuvenating power tool batteries, but as I say, I don't have much faith that any of it has anything but a short term effect.