Azad Engineering Limited (AZAD) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.051x

Based on the latest financial reports, Azad Engineering Limited (AZAD) has a cash flow conversion efficiency ratio of -0.051x as of September 2025. 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 (Rs-758.90 Million ≈ $-8.21 Million USD) by net assets (Rs14.78 Billion ≈ $159.81 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 AZAD stock market capitalisation for the company's overall valuation and market capitalisation.

Azad Engineering Limited - Cash Flow Conversion Efficiency Trend (2021–2026)

This chart illustrates how Azad Engineering Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Azad Engineering Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Azad Engineering Limited ranked by their cash flow conversion efficiency. Explore cash flow quality index of Azad Engineering Limited to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Roshow Technology Co Ltd SHE:002617	-0.024x
DRDGOLD Limited JSE:DRD	0.251x
Xuzhou Handler Special Vehicle Co Ltd SHE:300201	0.029x
La Comer S.A.B. de C.V MX:LACOMERUBC	0.033x
Systemair AB ST:SYSR	0.073x
NCR Atleos Corporation NYSE:NATL	0.442x
Super Retail Group Ltd AU:SUL	0.298x
Tower Bersama Infrastructure Tbk PT JK:TBIG	0.072x

Annual Cash Flow Conversion Efficiency for Azad Engineering Limited (2021–2026)

The table below shows the annual cash flow conversion efficiency of Azad Engineering Limited from 2021 to 2026. View AZAD stock price and chart for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs15.29 Billion ≈ $165.34 Million	Rs-1.19 Billion ≈ $-12.87 Million	-0.078x	-301.98%
2025-03-31	Rs13.93 Billion ≈ $150.65 Million	Rs536.67 Million ≈ $5.80 Million	0.039x	+457.63%
2024-03-31	Rs6.45 Billion ≈ $69.76 Million	Rs-69.49 Million ≈ $-751.51K	-0.011x	+78.48%
2023-03-31	Rs2.04 Billion ≈ $22.06 Million	Rs-102.09 Million ≈ $-1.10 Million	-0.050x	-128.68%
2022-03-31	Rs1.20 Billion ≈ $12.98 Million	Rs209.39 Million ≈ $2.26 Million	0.174x	+3021.84%
2021-03-31	Rs908.92 Million ≈ $9.83 Million	Rs5.08 Million ≈ $54.94K	0.006x	--

About Azad Engineering Limited

NSE:AZAD India Specialty Industrial Machinery

Market Cap

$1.95 Billion

Rs180.20 Billion INR

Market Cap Rank

#6318 Global

#288 in India

Share Price

Rs2790.30

Change (1 day)

+7.10%

52-Week Range

Rs1366.50 - Rs2899.90

All Time High

Rs2899.90