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.

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. Read AKSHAR total liabilities for a breakdown of total debt and financial obligations.

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
Reliance Global Group Inc NASDAQ:RELI	-0.121x
Porvair plc LSE:PRV	0.095x
Panamax AG F:ICP	N/A
Borneo Olah Sarana Sukses PT JK:BOSS	0.380x
Eguana Technologies Inc V:EGT	0.006x
Nordic Asia Investment Group 1987 AB Series B ST:NAIG-B	-0.087x
Railway Metrics & Dynamics Sweden AB ST:RMDX	0.027x
Volcanic Gold Mines Inc V:VG	-0.208x

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 (AKSHAR) market capitalisation.

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

$4.09 Million

Rs377.98 Million INR

Market Cap Rank

#28722 Global

#1618 in India

Share Price

Rs0.48

Change (1 day)

+2.13%

52-Week Range

Rs0.37 - Rs0.73

All Time High

Rs10.58