HEG Limited (HEG) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.052x

Based on the latest financial reports, HEG Limited (HEG) has a cash flow conversion efficiency ratio of 0.052x 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 (Rs2.42 Billion ≈ $26.15 Million USD) by net assets (Rs46.66 Billion ≈ $504.61 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 HEG net asset quality index to measure how much of total assets are equity-financed.

HEG Limited - Cash Flow Conversion Efficiency Trend (2005–2026)

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

HEG Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Inner Mongolia Lantai Industrial Co Ltd SHG:600328	-0.009x
Shenzhen Desay Battery Technology Co Ltd SHE:000049	0.015x
Kinnevik Investment AB ser. B ST:KINV-B	0.001x
North Electro-Optic Co Ltd SHG:600184	-0.035x
Xiamen Meiya Pico Information SHE:300188	-0.013x
Kepco Plant S& KO:051600	0.008x
Ta Liang Technology Co Ltd TW:3167	0.117x
InterRent Real Estate Investment Trust TO:IIP-UN	0.008x

Annual Cash Flow Conversion Efficiency for HEG Limited (2005–2026)

The table below shows the annual cash flow conversion efficiency of HEG Limited from 2005 to 2026. For the full company profile with market capitalisation and key ratios, see HEG Limited market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs47.58 Billion ≈ $514.55 Million	Rs1.87 Billion ≈ $20.24 Million	0.039x	-37.35%
2025-03-31	Rs44.54 Billion ≈ $481.66 Million	Rs2.80 Billion ≈ $30.25 Million	0.063x	-54.60%
2024-03-31	Rs44.26 Billion ≈ $478.65 Million	Rs6.12 Billion ≈ $66.21 Million	0.138x	+422.56%
2023-03-31	Rs42.81 Billion ≈ $462.97 Million	Rs1.13 Billion ≈ $12.26 Million	0.026x	+173.68%
2022-03-31	Rs39.14 Billion ≈ $423.24 Million	Rs-1.41 Billion ≈ $-15.21 Million	-0.036x	-117.54%
2021-03-31	Rs34.95 Billion ≈ $377.98 Million	Rs7.16 Billion ≈ $77.41 Million	0.205x	-16.74%
2020-03-31	Rs35.12 Billion ≈ $379.78 Million	Rs8.64 Billion ≈ $93.41 Million	0.246x	-37.30%
2019-03-31	Rs37.94 Billion ≈ $410.27 Million	Rs14.88 Billion ≈ $160.95 Million	0.392x	+25.97%
2018-03-31	Rs19.08 Billion ≈ $206.29 Million	Rs5.94 Billion ≈ $64.25 Million	0.311x	+88.91%
2017-03-31	Rs9.53 Billion ≈ $103.02 Million	Rs1.57 Billion ≈ $16.98 Million	0.165x	-34.14%
2016-03-31	Rs9.96 Billion ≈ $107.70 Million	Rs2.49 Billion ≈ $26.96 Million	0.250x	-12.76%
2015-03-31	Rs9.63 Billion ≈ $104.20 Million	Rs2.76 Billion ≈ $29.90 Million	0.287x	-62.89%
2014-03-31	Rs10.00 Billion ≈ $108.14 Million	Rs7.73 Billion ≈ $83.63 Million	0.773x	+534.30%
2013-03-31	Rs9.45 Billion ≈ $102.21 Million	Rs1.15 Billion ≈ $12.46 Million	0.122x	+282.66%
2012-03-31	Rs8.49 Billion ≈ $91.86 Million	Rs270.63 Million ≈ $2.93 Million	0.032x	-22.81%
2011-03-31	Rs9.10 Billion ≈ $98.46 Million	Rs375.80 Million ≈ $4.06 Million	0.041x	-88.68%
2010-03-31	Rs8.33 Billion ≈ $90.03 Million	Rs3.04 Billion ≈ $32.84 Million	0.365x	+220.80%
2009-03-31	Rs5.94 Billion ≈ $64.19 Million	Rs674.86 Million ≈ $7.30 Million	0.114x	-30.50%
2008-03-31	Rs5.45 Billion ≈ $58.96 Million	Rs891.91 Million ≈ $9.65 Million	0.164x	+92.26%
2007-03-31	Rs3.58 Billion ≈ $38.74 Million	Rs304.78 Million ≈ $3.30 Million	0.085x	+159.36%
2006-03-31	Rs3.20 Billion ≈ $34.64 Million	Rs-459.12 Million ≈ $-4.97 Million	-0.143x	-176.76%
2005-03-31	Rs2.95 Billion ≈ $31.94 Million	Rs551.64 Million ≈ $5.97 Million	0.187x	--

About HEG Limited

NSE:HEG India Electrical Equipment & Parts

Market Cap

$1.37 Billion

Rs126.83 Billion INR

Market Cap Rank

#7454 Global

#365 in India

Share Price

Rs657.25

Change (1 day)

-0.30%

52-Week Range

Rs462.00 - Rs672.65

All Time High

Rs1000000.00