Happiest Minds Technologies Limited Cash Flow Conversion Efficiency

Latest as of December 2023: 0.021x

Happiest Minds Technologies Limited cash flow conversion efficiency. Based on the latest financial reports, Happiest Minds Technologies Limited (HAPPSTMNDS) has a cash flow conversion efficiency ratio of 0.021x as of December 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 (Rs296.20 Million ≈ $3.20 Million USD) by net assets (Rs14.15 Billion ≈ $152.99 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Happiest Minds Technologies Limited (2013–2025)

Cash flow conversion efficiency of Happiest Minds Technologies Limited from 2013 to 2025. This chart illustrates how Happiest Minds Technologies Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View HAPPSTMNDS stock price and chart for real-time trading data and today's change.

Happiest Minds Technologies Limited Cash Flow Conversion Ratio Explained

Happiest Minds Technologies Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Happiest Minds Technologies Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Happiest Minds Technologies Limited ranked by their cash flow conversion efficiency. Also see HAPPSTMNDS stock market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Qingdao Kutesmart Co Ltd SHE:300840	0.118x
Cashway Technology Co Ltd SHG:603106	-0.014x
Bumi Armada Bhd KLSE:5210	0.033x
Dada Nexus Ltd NASDAQ:DADA	0.009x
China Wuyi Co Ltd SHE:000797	0.016x
Nanjing Canatal Data Centre Environmental Tech Co Ltd Class A SHG:603912	0.024x
Midi Utama Indonesia Tbk JK:MIDI	0.038x
Addiko Bank AG VI:ADKO	N/A

Annual Cash Flow Conversion Efficiency for Happiest Minds Technologies Limited (2013–2025)

The table below shows the annual cash flow conversion efficiency of Happiest Minds Technologies Limited from 2013 to 2025. Review Happiest Minds Technologies Limited (HAPPSTMNDS) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs15.75 Billion ≈ $170.28 Million	Rs2.36 Billion ≈ $25.57 Million	0.150x	+4.56%
2024-03-31	Rs14.80 Billion ≈ $160.08 Million	Rs2.13 Billion ≈ $22.99 Million	0.144x	-41.86%
2023-03-31	Rs8.39 Billion ≈ $90.72 Million	Rs2.07 Billion ≈ $22.40 Million	0.247x	-2.19%
2022-03-31	Rs6.66 Billion ≈ $72.00 Million	Rs1.68 Billion ≈ $18.18 Million	0.253x	-3.70%
2021-03-31	Rs5.46 Billion ≈ $59.05 Million	Rs1.43 Billion ≈ $15.48 Million	0.262x	-38.01%
2020-03-31	Rs2.65 Billion ≈ $28.69 Million	Rs1.12 Billion ≈ $12.14 Million	0.423x	+148.49%
2019-03-31	Rs-660.50 Million ≈ $-7.14 Million	Rs576.20 Million ≈ $6.23 Million	-0.872x	-818.60%
2018-03-31	Rs-1.09 Billion ≈ $-11.77 Million	Rs103.40 Million ≈ $1.12 Million	-0.095x	-69.90%
2017-03-31	Rs2.04 Billion ≈ $22.06 Million	Rs-114.00 Million ≈ $-1.23 Million	-0.056x	+46.85%
2016-03-31	Rs1.26 Billion ≈ $13.60 Million	Rs-132.30 Million ≈ $-1.43 Million	-0.105x	+59.89%
2015-03-31	Rs1.19 Billion ≈ $12.84 Million	Rs-311.28 Million ≈ $-3.37 Million	-0.262x	+71.02%
2014-03-31	Rs976.95 Million ≈ $10.57 Million	Rs-883.86 Million ≈ $-9.56 Million	-0.905x	-11032.91%
2013-03-31	Rs484.94 Million ≈ $5.24 Million	Rs4.01 Million ≈ $43.40K	0.008x	--

About Happiest Minds Technologies Limited

NSE:HAPPSTMNDS India Information Technology Services

Market Cap

$505.69 Million

Rs46.76 Billion INR

Market Cap Rank

#11789 Global

#587 in India

Share Price

Rs311.25

Change (1 day)

+1.75%

52-Week Range

Rs297.65 - Rs511.05

All Time High

Rs1497.01