Hi-Tech Pipes Limited (HITECH) - 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. Also see market value of Hi-Tech Pipes Limited for the company's overall valuation and market capitalisation.
Hi-Tech Pipes Limited - Cash Flow Conversion Efficiency Trend (2013–2026)
This chart illustrates how Hi-Tech Pipes Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore Hi-Tech Pipes Limited cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PVP Ventures Limited
NSE:PVP
|
-0.055x |
|
Toro Ltd
LSE:TORO
|
-0.063x |
|
Shutterstock
NYSE:SSTK
|
0.002x |
|
Olympia Financial Group Inc
TO:OLY
|
0.646x |
|
Elektrotim SA
WAR:ELT
|
0.047x |
|
Kross Ltd
NSE:KROSS
|
0.010x |
|
Verkkokauppa.com Oyj
HE:VERK
|
-0.010x |
|
Core Molding Technologies Inc
NYSE MKT:CMT
|
0.032x |
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. View Hi-Tech Pipes Limited stock price for real-time trading data and today's change.
| 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