The Hi-Tech Gears Limited Cash Flow Conversion Efficiency
The Hi-Tech Gears Limited 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.
Cash Flow Conversion Efficiency of The Hi-Tech Gears Limited (2006–2026)
Cash flow conversion efficiency of The Hi-Tech Gears Limited from 2006 to 2026. This chart illustrates how The Hi-Tech Gears Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for The Hi-Tech Gears Limited for real-time trading data and today's change.
The Hi-Tech Gears Limited Cash Flow Conversion Ratio Explained
The Hi-Tech Gears 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.
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. Also see The Hi-Tech Gears Limited (HITECHGEAR) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Asia Pacific Satellite Inc
KQ:211270
|
0.011x |
|
SaltX Technology Holding AB
ST:SALT-B
|
-0.078x |
|
Farcent Enterprise Co Ltd
TW:1730
|
0.058x |
|
MEI Pharma Inc
NASDAQ:MEIP
|
-0.145x |
|
Odlewnie Polskie SA
WAR:ODL
|
0.063x |
|
Green Cross Lab Cell Corporation
KQ:144510
|
0.001x |
|
Samyang Packaging
KO:272550
|
0.045x |
|
Ulusoy Un Sanayi ve Ticaret AS
IS:ULUUN
|
-0.156x |
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. Review HITECHGEAR free cash flow generation 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 | 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