HOV Services Limited (HOVS) - Cash Flow Conversion Efficiency

Latest as of March 2025: -0.052x

Based on the latest financial reports, HOV Services Limited (HOVS) has a cash flow conversion efficiency ratio of -0.052x as of March 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-12.54 Million ≈ $-135.56K USD) by net assets (Rs240.57 Million ≈ $2.60 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 HOVS net asset quality score to measure how much of total assets are equity-financed.

HOV Services Limited - Cash Flow Conversion Efficiency Trend (2008–2025)

This chart illustrates how HOV Services Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of HOV Services Limited to evaluate the quality of earnings relative to operating cash generation.

HOV Services Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of HOV Services Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Adherium Ltd AU:ADR	9.437x
ADX Energy Ltd AU:ADX	-0.118x
Dromeas SA AT:DROME	0.020x
First Lithium Ltd AU:FL1	-0.118x
authID Inc. NASDAQ:AUID	-0.382x
Spolytech Co. Ltd KQ:050760	0.084x
AB Panevezio Statybos Trestas STU:YK3	-0.069x
General Engineering Public Company Limited BK:GEL	0.044x

Annual Cash Flow Conversion Efficiency for HOV Services Limited (2008–2025)

The table below shows the annual cash flow conversion efficiency of HOV Services Limited from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see HOV Services Limited market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs240.57 Million ≈ $2.60 Million	Rs-6.44 Million ≈ $-69.64K	-0.027x	+61.85%
2024-03-31	Rs228.42 Million ≈ $2.47 Million	Rs-16.02 Million ≈ $-173.30K	-0.070x	-172.23%
2023-03-31	Rs225.90 Million ≈ $2.44 Million	Rs21.94 Million ≈ $237.28K	0.097x	+2709.05%
2022-03-31	Rs299.51 Million ≈ $3.24 Million	Rs-1.11 Million ≈ $-12.06K	-0.004x	-121.41%
2021-03-31	Rs959.37 Million ≈ $10.38 Million	Rs16.68 Million ≈ $180.42K	0.017x	+122.43%
2020-03-31	Rs337.34 Million ≈ $3.65 Million	Rs-26.15 Million ≈ $-282.79K	-0.078x	-1384.19%
2019-03-31	Rs4.44 Billion ≈ $47.98 Million	Rs26.78 Million ≈ $289.58K	0.006x	-56.30%
2018-03-31	Rs7.16 Billion ≈ $77.46 Million	Rs98.95 Million ≈ $1.07 Million	0.014x	-62.53%
2017-03-31	Rs340.32 Million ≈ $3.68 Million	Rs12.55 Million ≈ $135.69K	0.037x	+1092.92%
2016-03-31	Rs3.37 Billion ≈ $36.49 Million	Rs-12.53 Million ≈ $-135.51K	-0.004x	+41.09%
2015-03-31	Rs5.78 Billion ≈ $62.52 Million	Rs-36.44 Million ≈ $-394.07K	-0.006x	+81.90%
2014-03-31	Rs1.69 Billion ≈ $18.25 Million	Rs-58.78 Million ≈ $-635.73K	-0.035x	-30.03%
2013-03-31	Rs2.15 Billion ≈ $23.29 Million	Rs-57.68 Million ≈ $-623.84K	-0.027x	-137.23%
2012-03-31	Rs2.12 Billion ≈ $22.94 Million	Rs152.63 Million ≈ $1.65 Million	0.072x	-72.78%
2011-03-31	Rs3.97 Billion ≈ $42.94 Million	Rs1.05 Billion ≈ $11.35 Million	0.264x	-52.31%
2010-03-31	Rs3.70 Billion ≈ $39.97 Million	Rs2.05 Billion ≈ $22.15 Million	0.554x	+62.45%
2009-03-31	Rs5.41 Billion ≈ $58.49 Million	Rs1.84 Billion ≈ $19.95 Million	0.341x	+262.86%
2008-03-31	Rs4.97 Billion ≈ $53.78 Million	Rs-1.04 Billion ≈ $-11.26 Million	-0.209x	--

About HOV Services Limited

NSE:HOVS India Information Technology Services

Market Cap

$10.75 Million

Rs993.62 Million INR

Market Cap Rank

#26842 Global

#1493 in India

Share Price

Rs78.89

Change (1 day)

+5.19%

52-Week Range

Rs52.00 - Rs79.52

All Time High

Rs385.15