The Hi-Tech Gears Limited (HITECHGEAR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, The Hi-Tech Gears Limited (HITECHGEAR) has a cash flow conversion efficiency ratio of 0.045x 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 (Rs222.18 Million ≈ $2.40 Million USD) by net assets (Rs4.99 Billion ≈ $53.94 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 defensive interval ratio of The Hi-Tech Gears Limited to measure how many days the company can operate on defensive assets alone.
The Hi-Tech Gears Limited - Cash Flow Conversion Efficiency Trend (2006–2026)
This chart illustrates how The Hi-Tech Gears Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
The Hi-Tech Gears Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of The Hi-Tech Gears Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
It's Skin Co Ltd
KO:226320
|
0.019x |
|
Abans Holdings Limited
NSE:AHL
|
0.000x |
|
SaraminHR Co.Ltd
KQ:143240
|
0.038x |
|
Quantum Foods Holdings
JSE:QFH
|
0.032x |
|
Hod Assaf Industries Ltd
TA:HOD
|
-0.088x |
|
Edimax Technology Co Ltd
TW:3047
|
0.001x |
|
Chien Shing Harbour Service Co Ltd
TW:8367
|
0.042x |
|
Jaya Agra Wattie Tbk
JK:JAWA
|
0.023x |
Annual Cash Flow Conversion Efficiency for The Hi-Tech Gears Limited (2006–2026)
The table below shows the annual cash flow conversion efficiency of The Hi-Tech Gears Limited from 2006 to 2026. For the full company profile with market capitalisation and key ratios, see The Hi-Tech Gears Limited stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-03-31 | Rs5.23 Billion ≈ $56.52 Million |
Rs736.40 Million ≈ $7.96 Million |
0.141x | -54.28% |
| 2025-03-31 | Rs4.84 Billion ≈ $52.30 Million |
Rs1.49 Billion ≈ $16.12 Million |
0.308x | +22.32% |
| 2024-03-31 | Rs4.66 Billion ≈ $50.41 Million |
Rs1.17 Billion ≈ $12.70 Million |
0.252x | +64.62% |
| 2023-03-31 | Rs3.54 Billion ≈ $38.33 Million |
Rs542.45 Million ≈ $5.87 Million |
0.153x | -8.97% |
| 2022-03-31 | Rs3.31 Billion ≈ $35.77 Million |
Rs556.09 Million ≈ $6.01 Million |
0.168x | +44.58% |
| 2021-03-31 | Rs3.21 Billion ≈ $34.69 Million |
Rs372.98 Million ≈ $4.03 Million |
0.116x | -82.50% |
| 2020-03-31 | Rs2.76 Billion ≈ $29.87 Million |
Rs1.84 Billion ≈ $19.85 Million |
0.665x | +282.91% |
| 2019-03-31 | Rs2.72 Billion ≈ $29.39 Million |
Rs471.62 Million ≈ $5.10 Million |
0.174x | +172.95% |
| 2018-03-31 | Rs2.41 Billion ≈ $26.05 Million |
Rs153.14 Million ≈ $1.66 Million |
0.064x | -76.26% |
| 2017-03-31 | Rs2.01 Billion ≈ $21.79 Million |
Rs539.67 Million ≈ $5.84 Million |
0.268x | +4.52% |
| 2016-03-31 | Rs1.96 Billion ≈ $21.20 Million |
Rs502.39 Million ≈ $5.43 Million |
0.256x | +19.21% |
| 2015-03-31 | Rs1.82 Billion ≈ $19.65 Million |
Rs390.56 Million ≈ $4.22 Million |
0.215x | +113.68% |
| 2014-03-31 | Rs1.76 Billion ≈ $19.06 Million |
Rs177.29 Million ≈ $1.92 Million |
0.101x | -76.03% |
| 2013-03-31 | Rs1.66 Billion ≈ $17.98 Million |
Rs697.92 Million ≈ $7.55 Million |
0.420x | +98.09% |
| 2012-03-31 | Rs1.56 Billion ≈ $16.85 Million |
Rs330.24 Million ≈ $3.57 Million |
0.212x | -50.84% |
| 2011-03-31 | Rs1.24 Billion ≈ $13.37 Million |
Rs532.76 Million ≈ $5.76 Million |
0.431x | -4.09% |
| 2010-03-31 | Rs984.35 Million ≈ $10.65 Million |
Rs442.40 Million ≈ $4.78 Million |
0.449x | -17.80% |
| 2009-03-31 | Rs764.81 Million ≈ $8.27 Million |
Rs418.15 Million ≈ $4.52 Million |
0.547x | +23.28% |
| 2008-03-31 | Rs835.34 Million ≈ $9.03 Million |
Rs370.46 Million ≈ $4.01 Million |
0.443x | +993.73% |
| 2007-03-31 | Rs452.90 Million ≈ $4.90 Million |
Rs-22.47 Million ≈ $-243.05K |
-0.050x | -112.74% |
| 2006-03-31 | Rs396.65 Million ≈ $4.29 Million |
Rs154.50 Million ≈ $1.67 Million |
0.390x | -- |
About The Hi-Tech Gears Limited
The Hi-Tech Gears Limited manufactures and sells auto components for automobile manufacturers in India, the United States, and internationally. It offers transmission gears and shafts, driveline components, steering linkage, and power take off components for two wheelers, light vehicles, commercial vehicles, and off highway vehicles; and engine gears. The Hi-Tech Gears Limited was incorporated in… Read more