Grindwell Norton Limited (GRINDWELL) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.090x

Based on the latest financial reports, Grindwell Norton Limited (GRINDWELL) has a cash flow conversion efficiency ratio of 0.090x 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 (Rs2.06 Billion ≈ $22.24 Million USD) by net assets (Rs22.96 Billion ≈ $248.35 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 Grindwell Norton Limited to measure how much of total assets are equity-financed.

Grindwell Norton Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Grindwell Norton Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Grindwell Norton Limited (GRINDWELL) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Grindwell Norton Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Grindwell Norton Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Shantui Construction Machinery Co Ltd SHE:000680	0.057x
Taseko Mines Ltd TO:TKO	0.113x
BioArctic AB (publ) ST:BIOA-B	-0.021x
SHAND.GOLD MNG LTD H HD 1 F:188H	N/A
Aksa Enerji Uretim AS IS:AKSEN	0.018x
Autohome Inc NYSE:ATHM	0.001x
Newmark Group Inc NASDAQ:NMRK	0.353x
Zhejiang Semir Garment Co Ltd SHE:002563	-0.018x

Annual Cash Flow Conversion Efficiency for Grindwell Norton Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of Grindwell Norton Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see Grindwell Norton Limited stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs22.70 Billion ≈ $245.44 Million	Rs4.58 Billion ≈ $49.58 Million	0.202x	+13.48%
2024-03-31	Rs20.67 Billion ≈ $223.51 Million	Rs3.68 Billion ≈ $39.79 Million	0.178x	-9.07%
2023-03-31	Rs18.17 Billion ≈ $196.49 Million	Rs3.56 Billion ≈ $38.47 Million	0.196x	+65.17%
2022-03-31	Rs15.74 Billion ≈ $170.24 Million	Rs1.87 Billion ≈ $20.18 Million	0.119x	-50.73%
2021-03-31	Rs13.77 Billion ≈ $148.91 Million	Rs3.31 Billion ≈ $35.83 Million	0.241x	-9.02%
2020-03-31	Rs12.01 Billion ≈ $129.87 Million	Rs3.18 Billion ≈ $34.35 Million	0.264x	+247.76%
2019-03-31	Rs11.12 Billion ≈ $120.23 Million	Rs845.44 Million ≈ $9.14 Million	0.076x	-42.96%
2018-03-31	Rs10.03 Billion ≈ $108.46 Million	Rs1.34 Billion ≈ $14.46 Million	0.133x	-25.16%
2017-03-31	Rs9.04 Billion ≈ $97.79 Million	Rs1.61 Billion ≈ $17.42 Million	0.178x	-10.36%
2016-03-31	Rs6.84 Billion ≈ $73.92 Million	Rs1.36 Billion ≈ $14.69 Million	0.199x	+17.61%
2015-03-31	Rs6.24 Billion ≈ $67.53 Million	Rs1.06 Billion ≈ $11.41 Million	0.169x	-10.21%
2014-03-31	Rs5.66 Billion ≈ $61.16 Million	Rs1.06 Billion ≈ $11.51 Million	0.188x	-5.55%
2013-03-31	Rs5.23 Billion ≈ $56.60 Million	Rs1.04 Billion ≈ $11.28 Million	0.199x	-21.61%
2012-03-31	Rs4.67 Billion ≈ $50.50 Million	Rs1.19 Billion ≈ $12.83 Million	0.254x	+24.26%
2011-03-31	Rs4.06 Billion ≈ $43.92 Million	Rs830.66 Million ≈ $8.98 Million	0.205x	-28.56%
2010-03-31	Rs3.62 Billion ≈ $39.12 Million	Rs1.04 Billion ≈ $11.20 Million	0.286x	+104.35%
2009-03-31	Rs3.13 Billion ≈ $33.88 Million	Rs438.86 Million ≈ $4.75 Million	0.140x	+45.08%
2008-03-31	Rs2.81 Billion ≈ $30.39 Million	Rs271.39 Million ≈ $2.93 Million	0.097x	-57.37%
2007-03-31	Rs1.98 Billion ≈ $21.45 Million	Rs449.23 Million ≈ $4.86 Million	0.227x	+23.05%
2006-03-31	Rs1.75 Billion ≈ $18.88 Million	Rs321.34 Million ≈ $3.48 Million	0.184x	-10.78%
2005-03-31	Rs1.57 Billion ≈ $16.95 Million	Rs323.34 Million ≈ $3.50 Million	0.206x	--

About Grindwell Norton Limited

NSE:GRINDWELL India Building Products & Equipment

Market Cap

$2.50 Billion

Rs231.16 Billion INR

Market Cap Rank

#5387 Global

#249 in India

Share Price

Rs2087.80

Change (1 day)

-1.53%

52-Week Range

Rs1353.10 - Rs2382.30

All Time High

Rs2933.22