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

Latest as of September 2025: -0.011x

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. See Hi-Tech Pipes Limited (HITECH) net asset quality to measure how much of total assets are equity-financed.

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. Check cash flow quality index of Hi-Tech Pipes Limited to evaluate the quality of earnings relative to operating cash generation.

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
CB Financial Services Inc NASDAQ:CBFV	0.019x
Dynacor Gold Mines Inc. TO:DNG	0.011x
Asia Paper KO:002310	0.013x
HUYA Inc F:HY5A	N/A
ONWARD MEDICAL BV EO -12 F:63E	N/A
City Retail Developments Tbk PT JK:NIRO	-0.006x
Bicycle Therapeutics plc F:50BA	-0.119x
Magni Tech Industries Bhd KLSE:7087	0.004x

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. For the full company profile with market capitalisation and key ratios, see HITECH stock market capitalisation.

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

NSE:HITECH India Steel

Market Cap

$187.41 Million

Rs17.33 Billion INR

Market Cap Rank

#16735 Global

#881 in India

Share Price

Rs85.49

Change (1 day)

+0.99%

52-Week Range

Rs70.93 - Rs122.59

All Time High

Rs205.61