Hi-Tech Pipes Limited (HITECH) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.020x

Based on the latest financial reports, Hi-Tech Pipes Limited (HITECH) has a cash flow conversion efficiency ratio of 0.020x 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 (Rs259.08 Million ≈ $2.80 Million USD) by net assets (Rs12.99 Billion ≈ $140.46 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Hi-Tech Pipes Limited - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Hi-Tech Pipes Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Hi-Tech Pipes Limited balance sheet liabilities for a breakdown of total debt and financial obligations.

Hi-Tech Pipes Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hi-Tech Pipes Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Columbus A/S CO:COLUM	0.010x
Nova Lifestyle I NASDAQ:NVFY	-0.140x
Paramita Bangun Sarana Tbk PT JK:PBSA	0.083x
Eurocash S.A. WAR:EUR	0.353x
Soechi Lines Tbk JK:SOCI	0.031x
Horizon Technology Finance NASDAQ:HRZN	0.028x
cBrain A/S CO:CBRAIN	0.133x
HealWELL AI Inc. TO:AIDX	0.005x

Annual Cash Flow Conversion Efficiency for Hi-Tech Pipes Limited (2013–2025)

The table below shows the annual cash flow conversion efficiency of Hi-Tech Pipes Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see HITECH market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs12.57 Billion ≈ $135.98 Million	Rs284.23 Million ≈ $3.07 Million	0.023x	+113.69%
2024-03-31	Rs5.76 Billion ≈ $62.33 Million	Rs-951.90 Million ≈ $-10.29 Million	-0.165x	-151.63%
2023-03-31	Rs4.18 Billion ≈ $45.22 Million	Rs1.34 Billion ≈ $14.46 Million	0.320x	+7873.64%
2022-03-31	Rs2.59 Billion ≈ $27.97 Million	Rs-10.64 Million ≈ $-115.09K	-0.004x	-101.32%
2021-03-31	Rs2.05 Billion ≈ $22.19 Million	Rs641.19 Million ≈ $6.93 Million	0.312x	+117.44%
2020-03-31	Rs1.74 Billion ≈ $18.77 Million	Rs249.49 Million ≈ $2.70 Million	0.144x	-56.95%
2019-03-31	Rs1.47 Billion ≈ $15.87 Million	Rs490.01 Million ≈ $5.30 Million	0.334x	+754.18%
2018-03-31	Rs1.14 Billion ≈ $12.28 Million	Rs-57.96 Million ≈ $-626.79K	-0.051x	-115.96%
2017-03-31	Rs765.29 Million ≈ $8.28 Million	Rs244.71 Million ≈ $2.65 Million	0.320x	+2571.90%
2016-03-31	Rs663.21 Million ≈ $7.17 Million	Rs7.94 Million ≈ $85.84K	0.012x	-97.83%
2015-03-31	Rs474.52 Million ≈ $5.13 Million	Rs262.24 Million ≈ $2.84 Million	0.553x	+1193.24%
2014-03-31	Rs363.73 Million ≈ $3.93 Million	Rs-18.39 Million ≈ $-198.85K	-0.051x	-170.37%
2013-03-31	Rs304.33 Million ≈ $3.29 Million	Rs21.86 Million ≈ $236.42K	0.072x	--

About Hi-Tech Pipes Limited

NSE:HITECH India Steel

Market Cap

$202.06 Million

Rs18.68 Billion INR

Market Cap Rank

#16499 Global

#838 in India

Share Price

Rs92.17

Change (1 day)

+1.05%

52-Week Range

Rs70.93 - Rs122.59

All Time High

Rs205.61