Hi-Tech Pipes Limited Cash Flow Conversion Efficiency
Hi-Tech Pipes Limited cash flow conversion efficiency. Based on the latest financial reports, Hi-Tech Pipes Limited (HITECH) has a cash flow conversion efficiency ratio of -0.011x 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-144.49 Million ≈ $-1.56 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.
Cash Flow Conversion Efficiency of Hi-Tech Pipes Limited (2013–2026)
Cash flow conversion efficiency of Hi-Tech Pipes Limited from 2013 to 2026. This chart illustrates how Hi-Tech Pipes Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Hi-Tech Pipes Limited (HITECH) stock price for real-time trading data and today's change.
Hi-Tech Pipes Limited Cash Flow Conversion Ratio Explained
Hi-Tech Pipes 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.
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. Also see HITECH company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bioversys AG
SW:BIOV
|
N/A |
|
Inversora Juramento SA
BA:INVJ
|
-0.033x |
|
Novonix Ltd ADR
NASDAQ:NVX
|
-0.160x |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
0.001x |
|
Future Money Acquisition Corporation
NASDAQ:FMAC
|
-0.001x |
|
XINTE ENERGY CO. CL.H YC1
F:9M7
|
N/A |
|
Pasifik Gayrimenkul Yatirim Ortakligi AS
IS:PSGYO
|
-0.060x |
|
LaFayette Acquisition Corp. Ordinary Share
NASDAQ:LAFA
|
-0.002x |
Annual Cash Flow Conversion Efficiency for Hi-Tech Pipes Limited (2013–2026)
The table below shows the annual cash flow conversion efficiency of Hi-Tech Pipes Limited from 2013 to 2026. Review HITECH free cash flow to operating cash ratio 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 |
|---|---|---|---|---|
| 2026-03-31 | Rs13.33 Billion ≈ $144.21 Million |
Rs-436.06 Million ≈ $-4.72 Million |
-0.033x | -244.66% |
| 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
Hi-Tech Pipes Limited manufactures and sells steel in India. The company provides mild steel hollow section ERW steel pipes, mild steel round pipes, GI pipes, pre-galvanized steel pipes, crash barriers, cold rolled coils and strips, and coated coils and roofing sheets. It also offers hot rolled, pickled and oiled, cold rolled close annealed, cold rolled full hard, and BP sheets coil and strip pro… Read more