Garden Reach Shipbuilders & Engineers Limited (GRSE) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.263x

Based on the latest financial reports, Garden Reach Shipbuilders & Engineers Limited (GRSE) has a cash flow conversion efficiency ratio of -0.263x 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-6.05 Billion ≈ $-65.39 Million USD) by net assets (Rs22.96 Billion ≈ $248.28 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 how leveraged is Garden Reach Shipbuilders & Engineers Li's balance sheet to measure how much of total assets are equity-financed.

Garden Reach Shipbuilders & Engineers Limited - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Garden Reach Shipbuilders & Engineers Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Garden Reach Shipbuilders & Engineers Li cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Garden Reach Shipbuilders & Engineers Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Garden Reach Shipbuilders & Engineers Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
United States Lime & Minerals Inc NASDAQ:USLM	0.072x
Shihlin Electric & Engineering Corp TW:1503	0.028x
Polaris Industries Inc NYSE:PII	0.213x
Guangdong Aofei Data Technology Co Ltd Class A SHE:300738	0.040x
Guangdong HongDa Blasting Co Ltd SHE:002683	0.001x
Weihai Guangwei Composites Co Ltd SHE:300699	-0.003x
DOF Group ASA OL:DOFG	0.005x
Cholamandalam Financial Holdings Limited NSE:CHOLAHLDNG	-0.369x

Annual Cash Flow Conversion Efficiency for Garden Reach Shipbuilders & Engineers Limited (2013–2025)

The table below shows the annual cash flow conversion efficiency of Garden Reach Shipbuilders & Engineers Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see GRSE market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs20.79 Billion ≈ $224.86 Million	Rs155.87 Million ≈ $1.69 Million	0.007x	+101.77%
2024-03-31	Rs16.73 Billion ≈ $180.98 Million	Rs-7.07 Billion ≈ $-76.45 Million	-0.422x	-141.18%
2023-03-31	Rs14.14 Billion ≈ $152.90 Million	Rs14.50 Billion ≈ $156.84 Million	1.026x	+462.33%
2022-03-31	Rs12.58 Billion ≈ $136.04 Million	Rs-3.56 Billion ≈ $-38.51 Million	-0.283x	-162.23%
2021-03-31	Rs11.37 Billion ≈ $122.97 Million	Rs5.17 Billion ≈ $55.94 Million	0.455x	-24.63%
2020-03-31	Rs10.40 Billion ≈ $112.50 Million	Rs6.28 Billion ≈ $67.90 Million	0.604x	+661.17%
2019-03-31	Rs10.38 Billion ≈ $112.29 Million	Rs-1.12 Billion ≈ $-12.08 Million	-0.108x	-48.44%
2018-03-31	Rs10.22 Billion ≈ $110.48 Million	Rs-740.16 Million ≈ $-8.00 Million	-0.072x	+58.96%
2017-03-31	Rs10.83 Billion ≈ $117.14 Million	Rs-1.91 Billion ≈ $-20.68 Million	-0.177x	-147.44%
2016-03-31	Rs11.37 Billion ≈ $122.92 Million	Rs4.23 Billion ≈ $45.75 Million	0.372x	+248.73%
2015-03-31	Rs10.07 Billion ≈ $108.88 Million	Rs1.07 Billion ≈ $11.62 Million	0.107x	+668.09%
2014-03-31	Rs9.55 Billion ≈ $103.27 Million	Rs132.68 Million ≈ $1.43 Million	0.014x	-86.91%
2013-03-31	Rs8.67 Billion ≈ $93.80 Million	Rs920.62 Million ≈ $9.96 Million	0.106x	--

About Garden Reach Shipbuilders & Engineers Limited

NSE:GRSE India Aerospace & Defense

Market Cap

$3.20 Billion

Rs295.85 Billion INR

Market Cap Rank

#4669 Global

#208 in India

Share Price

Rs2582.70

Change (1 day)

-0.71%

52-Week Range

Rs1972.80 - Rs3093.80

All Time High

Rs3492.70