Happiest Minds Technologies Limited (HAPPSTMNDS) - Cash Flow Conversion Efficiency

Latest as of December 2023: 0.021x

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. Also see Happiest Minds Technologies Limited stock valuation for the company's overall valuation and market capitalisation.

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

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

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. Explore Happiest Minds Technologies Limited earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
ZYF Lopsking Aluminum Co Ltd SHE:002333	0.000x
Flushing Financial Corporation NASDAQ:FFIC	0.028x
SandRidge Energy Inc NYSE:SD	0.038x
Zhejiang Liming Intelligent Manufacturing Co Ltd SHG:603048	0.038x
BGRIMM Science and Technology Co Ltd SHG:600980	0.048x
CII Bridges and Roads Investment JSC VN:LGC	0.032x
HarborOne Bancorp Inc NASDAQ:HONE	-0.009x
Amos Luzon Development and Energy Group Ltd TA:LUZN	-0.056x

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. View Happiest Minds Technologies Limited (HAPPSTMNDS) share price today for real-time trading data and today's change.

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

$522.42 Million

Rs48.31 Billion INR

Market Cap Rank

#12123 Global

#614 in India

Share Price

Rs321.55

Change (1 day)

-1.94%

52-Week Range

Rs321.55 - Rs564.20

All Time High

Rs1497.01