Heads UP Ventures Limited (HEADSUP) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.062x

Based on the latest financial reports, Heads UP Ventures Limited (HEADSUP) has a cash flow conversion efficiency ratio of -0.062x 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-11.89 Million ≈ $-128.58K USD) by net assets (Rs190.60 Million ≈ $2.06 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 HEADSUP defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Heads UP Ventures Limited - Cash Flow Conversion Efficiency Trend (2012–2026)

This chart illustrates how Heads UP Ventures Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Heads UP Ventures Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Heads UP Ventures Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Alexium International Group Limited F:E7T	-0.087x
PSYCHED WELLNESS LTD F:5U9	-0.323x
Monarca Minerals Inc V:MMN	0.008x
Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC LSE:MCT	0.005x
Goobit Group AB ST:BTCX	0.705x
Unicorn AIM VCT plc LSE:UAV	-0.003x
Frontier Developments Plc LSE:FDEV	0.241x
NTR Holding A/S CO:NTR-B	-0.080x

Annual Cash Flow Conversion Efficiency for Heads UP Ventures Limited (2012–2026)

The table below shows the annual cash flow conversion efficiency of Heads UP Ventures Limited from 2012 to 2026. For the full company profile with market capitalisation and key ratios, see Heads UP Ventures Limited market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs153.31 Million ≈ $1.66 Million	Rs-9.49 Million ≈ $-102.65K	-0.062x	-1105.75%
2025-03-31	Rs153.35 Million ≈ $1.66 Million	Rs944.00K ≈ $10.21K	0.006x	+107.56%
2024-03-31	Rs139.41 Million ≈ $1.51 Million	Rs-11.35 Million ≈ $-122.75K	-0.081x	+84.38%
2023-03-31	Rs181.57 Million ≈ $1.96 Million	Rs-94.62 Million ≈ $-1.02 Million	-0.521x	-1816.46%
2022-03-31	Rs277.77 Million ≈ $3.00 Million	Rs8.43 Million ≈ $91.20K	0.030x	-91.75%
2021-03-31	Rs331.48 Million ≈ $3.58 Million	Rs121.97 Million ≈ $1.32 Million	0.368x	-44.05%
2020-03-31	Rs360.14 Million ≈ $3.89 Million	Rs236.83 Million ≈ $2.56 Million	0.658x	+2066.83%
2019-03-31	Rs668.39 Million ≈ $7.23 Million	Rs20.29 Million ≈ $219.37K	0.030x	-76.03%
2018-03-31	Rs674.20 Million ≈ $7.29 Million	Rs85.38 Million ≈ $923.33K	0.127x	-52.39%
2017-03-31	Rs582.89 Million ≈ $6.30 Million	Rs155.03 Million ≈ $1.68 Million	0.266x	-46.18%
2016-03-31	Rs636.23 Million ≈ $6.88 Million	Rs314.41 Million ≈ $3.40 Million	0.494x	+101.99%
2015-03-31	Rs422.14 Million ≈ $4.57 Million	Rs103.28 Million ≈ $1.12 Million	0.245x	+834.58%
2014-03-31	Rs-382.00K ≈ $-4.13K	Rs-10.00K ≈ $-108.15	0.026x	-3.93%
2013-03-31	Rs-367.00K ≈ $-3.97K	Rs-10.00K ≈ $-108.15	0.027x	-98.87%
2012-03-31	Rs-352.00K ≈ $-3.81K	Rs-847.00K ≈ $-9.16K	2.406x	--

About Heads UP Ventures Limited

NSE:HEADSUP India Apparel Retail

Market Cap

$1.83 Million

Rs168.93 Million INR

Market Cap Rank

#30044 Global

#1670 in India

Share Price

Rs7.65

Change (1 day)

+1.46%

52-Week Range

Rs6.05 - Rs11.72

All Time High

Rs242.15