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. Also see market cap of Akshar Spintex Limited for the company's overall valuation and market capitalisation.

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.

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. Explore AKSHAR operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Cemtrex Inc NASDAQ:CETX	0.013x
VH Global Sustainable Energy Opportunities PLC LSE:GSEO	0.021x
ARC Funds Ltd AU:ARC	-0.304x
Northbaze Group AB ST:NBZ	-0.044x
Paranovus Entertainment Technology Ltd. NASDAQ:PAVS	-0.006x
Aberdeen International Inc. TO:AAB	-0.705x
Co-Diagnostics, Inc. Common Stock NASDAQ:CODX	-0.489x
Lakewood-Amedex Biotherapeutics Inc. Common Stock NASDAQ:LABT	0.123x

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. View current stock price of Akshar Spintex Limited for real-time trading data and today's change.

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

$3.49 Million

Rs322.86 Million INR

Market Cap Rank

#29315 Global

#1627 in India

Share Price

Rs0.41

Change (1 day)

+0.00%

52-Week Range

Rs0.37 - Rs0.73

All Time High

Rs10.58