HLE Glascoat Limited (HLEGLAS) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.127x

Based on the latest financial reports, HLE Glascoat Limited (HLEGLAS) has a cash flow conversion efficiency ratio of 0.127x 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 (Rs745.76 Million ≈ $8.07 Million USD) by net assets (Rs5.86 Billion ≈ $63.41 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 HLE Glascoat Limited to measure how many days the company can operate on defensive assets alone.

HLE Glascoat Limited - Cash Flow Conversion Efficiency Trend (2006–2026)

This chart illustrates how HLE Glascoat Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

HLE Glascoat Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of HLE Glascoat Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Zhejiang Benli Technology Co. Ltd. SHE:301065	N/A
Weifu High Tech Group SHE:200581	0.049x
DB Financial Investment Co Ltd KO:016610	-0.271x
Xinjiang Hejin Holding Co Ltd SHE:000633	0.067x
Ajmera Realty & Infra India Limited NSE:AJMERA	0.031x
Hudaco JSE:HDC	0.199x
Broedrene A&O Johansen A/S Series B CO:AOJ-B	-0.019x
Zhejiang Renzhi Co Ltd SHE:002629	-0.070x

Annual Cash Flow Conversion Efficiency for HLE Glascoat Limited (2006–2026)

The table below shows the annual cash flow conversion efficiency of HLE Glascoat Limited from 2006 to 2026. For the full company profile with market capitalisation and key ratios, see HLEGLAS market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs6.18 Billion ≈ $66.86 Million	Rs1.31 Billion ≈ $14.17 Million	0.212x	-12.57%
2025-03-31	Rs5.54 Billion ≈ $59.94 Million	Rs1.34 Billion ≈ $14.53 Million	0.242x	+27.73%
2024-03-31	Rs4.97 Billion ≈ $53.72 Million	Rs942.62 Million ≈ $10.19 Million	0.190x	+1172.05%
2023-03-31	Rs3.27 Billion ≈ $35.35 Million	Rs48.76 Million ≈ $527.31K	0.015x	-63.27%
2022-03-31	Rs2.54 Billion ≈ $27.43 Million	Rs103.00 Million ≈ $1.11 Million	0.041x	-88.65%
2021-03-31	Rs1.35 Billion ≈ $14.58 Million	Rs482.37 Million ≈ $5.22 Million	0.358x	-38.27%
2020-03-31	Rs773.74 Million ≈ $8.37 Million	Rs448.51 Million ≈ $4.85 Million	0.580x	+542.15%
2019-03-31	Rs565.84 Million ≈ $6.12 Million	Rs51.08 Million ≈ $552.39K	0.090x	-54.55%
2018-03-31	Rs514.77 Million ≈ $5.57 Million	Rs102.23 Million ≈ $1.11 Million	0.199x	-9.18%
2017-03-31	Rs458.69 Million ≈ $4.96 Million	Rs100.30 Million ≈ $1.08 Million	0.219x	-29.61%
2016-03-31	Rs264.60 Million ≈ $2.86 Million	Rs82.19 Million ≈ $888.88K	0.311x	+37.20%
2015-03-31	Rs236.30 Million ≈ $2.56 Million	Rs53.50 Million ≈ $578.59K	0.226x	-56.95%
2014-03-31	Rs226.47 Million ≈ $2.45 Million	Rs119.10 Million ≈ $1.29 Million	0.526x	+165.21%
2013-03-31	Rs202.97 Million ≈ $2.20 Million	Rs40.25 Million ≈ $435.27K	0.198x	-57.91%
2012-03-31	Rs179.67 Million ≈ $1.94 Million	Rs84.65 Million ≈ $915.47K	0.471x	+474.72%
2011-03-31	Rs164.38 Million ≈ $1.78 Million	Rs13.48 Million ≈ $145.73K	0.082x	-88.06%
2010-03-31	Rs148.93 Million ≈ $1.61 Million	Rs102.26 Million ≈ $1.11 Million	0.687x	+597.33%
2009-03-31	Rs134.86 Million ≈ $1.46 Million	Rs13.28 Million ≈ $143.61K	0.098x	-1.33%
2008-03-31	Rs124.29 Million ≈ $1.34 Million	Rs12.40 Million ≈ $134.14K	0.100x	+597.07%
2007-03-31	Rs106.59 Million ≈ $1.15 Million	Rs1.53 Million ≈ $16.50K	0.014x	-85.55%
2006-03-31	Rs97.75 Million ≈ $1.06 Million	Rs9.69 Million ≈ $104.77K	0.099x	--

About HLE Glascoat Limited

NSE:HLEGLAS India Specialty Industrial Machinery

Market Cap

$290.24 Million

Rs26.84 Billion INR

Market Cap Rank

#15086 Global

#755 in India

Share Price

Rs386.40

Change (1 day)

+1.15%

52-Week Range

Rs251.00 - Rs645.00

All Time High

Rs1453.23