Akshar Spintex Limited (AKSHAR) - Cash Flow Conversion Efficiency

Latest as of September 2023: 0.027x

Based on the latest financial reports, Akshar Spintex Limited (AKSHAR) has a cash flow conversion efficiency ratio of 0.027x as of September 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs11.54 Million ≈ $124.83K USD) by net assets (Rs425.29 Million ≈ $4.60 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Akshar Spintex Limited's balance sheet to measure how much of total assets are equity-financed.

Akshar Spintex Limited - Cash Flow Conversion Efficiency Trend (2014–2025)

This chart illustrates how Akshar Spintex Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check AKSHAR cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Akshar Spintex Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Akshar Spintex Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Franchise Brands PLC LSE:FRAN	0.043x
Crown Capital Partners Inc TO:CRWN	0.270x
Poddar Housing and Development Limited NSE:PODDARHOUS	0.838x
Vintage Energy Ltd AU:VEN	0.191x
Richmond Minerals Inc V:RMD	-0.020x
Smooth Rock Ventures Corp V:SMRV	-0.134x
Atlantic Sapphire As OL:ASA	-2.484x
Prophecy International Holdings Ltd AU:PRO	-2.309x

Annual Cash Flow Conversion Efficiency for Akshar Spintex Limited (2014–2025)

The table below shows the annual cash flow conversion efficiency of Akshar Spintex Limited from 2014 to 2025. For the full company profile with market capitalisation and key ratios, see Akshar Spintex Limited market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs882.12 Million ≈ $9.54 Million	Rs-295.72 Million ≈ $-3.20 Million	-0.335x	-408.33%
2024-03-31	Rs438.83 Million ≈ $4.75 Million	Rs47.71 Million ≈ $516.00K	0.109x	-55.08%
2023-03-31	Rs406.42 Million ≈ $4.40 Million	Rs98.36 Million ≈ $1.06 Million	0.242x	+447.15%
2022-03-31	Rs432.34 Million ≈ $4.68 Million	Rs19.12 Million ≈ $206.82K	0.044x	-73.90%
2021-03-31	Rs362.57 Million ≈ $3.92 Million	Rs61.44 Million ≈ $664.44K	0.169x	-23.83%
2020-03-31	Rs350.14 Million ≈ $3.79 Million	Rs77.90 Million ≈ $842.45K	0.222x	+6.20%
2019-03-31	Rs407.46 Million ≈ $4.41 Million	Rs85.35 Million ≈ $923.08K	0.209x	+0.65%
2018-03-31	Rs345.07 Million ≈ $3.73 Million	Rs71.82 Million ≈ $776.67K	0.208x	+13.54%
2017-03-31	Rs315.43 Million ≈ $3.41 Million	Rs57.82 Million ≈ $625.28K	0.183x	-37.43%
2016-03-31	Rs261.57 Million ≈ $2.83 Million	Rs76.63 Million ≈ $828.69K	0.293x	-1.54%
2015-03-31	Rs194.97 Million ≈ $2.11 Million	Rs58.01 Million ≈ $627.39K	0.298x	+109.39%
2014-03-31	Rs25.10 Million ≈ $271.45K	Rs-79.56 Million ≈ $-860.45K	-3.170x	--

About Akshar Spintex Limited

NSE:AKSHAR India Textile Manufacturing

Market Cap

$3.41 Million

Rs314.99 Million INR

Market Cap Rank

#29224 Global

#1628 in India

Share Price

Rs0.40

Change (1 day)

+2.56%

52-Week Range

Rs0.37 - Rs0.73

All Time High

Rs10.58