Ester Industries Limited (ESTER) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.032x

Based on the latest financial reports, Ester Industries Limited (ESTER) has a cash flow conversion efficiency ratio of 0.032x 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 (Rs256.77 Million ≈ $2.78 Million USD) by net assets (Rs7.92 Billion ≈ $85.66 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 net asset quality index of Ester Industries Limited to measure how much of total assets are equity-financed.

Ester Industries Limited - Cash Flow Conversion Efficiency Trend (2005–2026)

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

Ester Industries Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ester Industries Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Yangarra Resources Ltd TO:YGR	0.035x
First Northwest Bancorp NASDAQ:FNWB	0.006x
Ruby Tech TWO:8048	0.041x
ATW Technology Inc TWO:8097	-0.004x
LOGISTRI FASTIGHETS AB F:6DV	N/A
Jeld-Wen Holding Inc NYSE:JELD	0.098x
Jeil Pharmaceutical Co Ltd KO:271980	0.054x
M.I.TECH Co.Ltd KQ:179290	0.047x

Annual Cash Flow Conversion Efficiency for Ester Industries Limited (2005–2026)

The table below shows the annual cash flow conversion efficiency of Ester Industries Limited from 2005 to 2026. For the full company profile with market capitalisation and key ratios, see ESTER stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs7.83 Billion ≈ $84.65 Million	Rs392.40 Million ≈ $4.24 Million	0.050x	-65.48%
2025-03-31	Rs7.73 Billion ≈ $83.55 Million	Rs1.12 Billion ≈ $12.13 Million	0.145x	+138.03%
2024-03-31	Rs7.18 Billion ≈ $77.60 Million	Rs437.81 Million ≈ $4.73 Million	0.061x	-21.44%
2023-03-31	Rs7.43 Billion ≈ $80.40 Million	Rs577.38 Million ≈ $6.24 Million	0.078x	-21.96%
2022-03-31	Rs6.22 Billion ≈ $67.24 Million	Rs618.74 Million ≈ $6.69 Million	0.100x	-64.98%
2021-03-31	Rs5.12 Billion ≈ $55.37 Million	Rs1.46 Billion ≈ $15.74 Million	0.284x	-33.93%
2020-03-31	Rs4.08 Billion ≈ $44.14 Million	Rs1.76 Billion ≈ $18.98 Million	0.430x	+15.57%
2019-03-31	Rs3.14 Billion ≈ $34.00 Million	Rs1.17 Billion ≈ $12.66 Million	0.372x	+107.18%
2018-03-31	Rs2.83 Billion ≈ $30.63 Million	Rs508.84 Million ≈ $5.50 Million	0.180x	+0.33%
2017-03-31	Rs2.77 Billion ≈ $29.95 Million	Rs495.81 Million ≈ $5.36 Million	0.179x	-35.79%
2016-03-31	Rs2.92 Billion ≈ $31.60 Million	Rs814.71 Million ≈ $8.81 Million	0.279x	+12.03%
2015-03-31	Rs2.72 Billion ≈ $29.41 Million	Rs676.88 Million ≈ $7.32 Million	0.249x	+25.70%
2014-03-31	Rs2.63 Billion ≈ $28.44 Million	Rs520.65 Million ≈ $5.63 Million	0.198x	+124.92%
2013-03-31	Rs2.58 Billion ≈ $27.87 Million	Rs226.90 Million ≈ $2.45 Million	0.088x	-51.18%
2012-03-31	Rs2.63 Billion ≈ $28.47 Million	Rs474.68 Million ≈ $5.13 Million	0.180x	-39.72%
2011-03-31	Rs2.77 Billion ≈ $30.00 Million	Rs829.88 Million ≈ $8.97 Million	0.299x	+15.60%
2010-03-31	Rs1.78 Billion ≈ $19.21 Million	Rs459.79 Million ≈ $4.97 Million	0.259x	-44.98%
2009-03-31	Rs1.40 Billion ≈ $15.17 Million	Rs659.82 Million ≈ $7.14 Million	0.470x	+88.63%
2008-03-31	Rs1.12 Billion ≈ $12.16 Million	Rs280.42 Million ≈ $3.03 Million	0.249x	+351.94%
2007-03-31	Rs1.09 Billion ≈ $11.76 Million	Rs59.98 Million ≈ $648.64K	0.055x	-35.11%
2006-03-31	Rs1.20 Billion ≈ $12.98 Million	Rs102.06 Million ≈ $1.10 Million	0.085x	+708.88%
2005-03-31	Rs1.43 Billion ≈ $15.43 Million	Rs-19.92 Million ≈ $-215.45K	-0.014x	--

About Ester Industries Limited

NSE:ESTER India Specialty Chemicals

Market Cap

$100.05 Million

Rs9.25 Billion INR

Market Cap Rank

#19149 Global

#1040 in India

Share Price

Rs88.70

Change (1 day)

-0.03%

52-Week Range

Rs70.67 - Rs123.73

All Time High

Rs181.19