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 debt-free asset ratio of HLE Glascoat Limited to measure how much of total assets are equity-financed.

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. Check HLE Glascoat Limited cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Aeris Resources Ltd AU:AIS	0.215x
Vardhman Special Steels Limited NSE:VSSL	0.056x
Liberty Latin America Ltd NASDAQ:LILA	0.041x
Lime Technologies AB (publ) ST:LIME	0.132x
Cuckoo Homesys Co Ltd KO:284740	0.015x
Baillie Gifford European Growth Trust PLC LSE:BGEU	0.003x
Tanvex BioPharma Inc TW:6541	-0.058x
Dividend Growth Split Corp TO:DGS	-0.029x

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

$317.61 Million

Rs29.37 Billion INR

Market Cap Rank

#14447 Global

#732 in India

Share Price

Rs422.85

Change (1 day)

-0.95%

52-Week Range

Rs251.00 - Rs645.00

All Time High

Rs1453.23