ICRA Limited (ICRA) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.071x

Based on the latest financial reports, ICRA Limited (ICRA) has a cash flow conversion efficiency ratio of 0.071x 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 (Rs779.99 Million ≈ $8.44 Million USD) by net assets (Rs10.92 Billion ≈ $118.13 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see ICRA stock market capitalisation for the company's overall valuation and market capitalisation.

ICRA Limited - Cash Flow Conversion Efficiency Trend (2002–2025)

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

ICRA Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of ICRA Limited ranked by their cash flow conversion efficiency. Explore ICRA cash to earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
B+S GROUP SA INH EO-06 F:70B	N/A
Hubei Xiangyuan New Material Technology Inc. SHE:300980	0.004x
Diamond Hill Investment Group Inc NASDAQ:DHIL	0.095x
ScinoPharm Taiwan Ltd TW:1789	0.019x
Boss Energy Ltd AU:BOE	0.078x
Dongjiang Environmental Co Ltd SHE:002672	0.047x
Oriental Times Media Corp SHE:002175	-0.009x
Aberdeen Standard Global Infrastructure Income Fund NYSE:ASGI	N/A

Annual Cash Flow Conversion Efficiency for ICRA Limited (2002–2025)

The table below shows the annual cash flow conversion efficiency of ICRA Limited from 2002 to 2025. View ICRA share price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs10.58 Billion ≈ $114.38 Million	Rs1.45 Billion ≈ $15.67 Million	0.137x	+25.59%
2024-03-31	Rs9.81 Billion ≈ $106.09 Million	Rs1.07 Billion ≈ $11.57 Million	0.109x	+4.95%
2023-03-31	Rs9.55 Billion ≈ $103.27 Million	Rs992.58 Million ≈ $10.73 Million	0.104x	-9.51%
2022-03-31	Rs8.48 Billion ≈ $91.68 Million	Rs973.75 Million ≈ $10.53 Million	0.115x	+14.44%
2021-03-31	Rs7.61 Billion ≈ $82.30 Million	Rs763.84 Million ≈ $8.26 Million	0.100x	+231.54%
2020-03-31	Rs7.04 Billion ≈ $76.16 Million	Rs213.19 Million ≈ $2.31 Million	0.030x	-76.05%
2019-03-31	Rs6.40 Billion ≈ $69.17 Million	Rs808.54 Million ≈ $8.74 Million	0.126x	+34.04%
2018-03-31	Rs6.56 Billion ≈ $70.98 Million	Rs619.00 Million ≈ $6.69 Million	0.094x	-26.27%
2017-03-31	Rs5.00 Billion ≈ $54.07 Million	Rs639.53 Million ≈ $6.92 Million	0.128x	-14.29%
2016-03-31	Rs4.77 Billion ≈ $51.59 Million	Rs711.89 Million ≈ $7.70 Million	0.149x	-5.86%
2015-03-31	Rs4.29 Billion ≈ $46.44 Million	Rs680.64 Million ≈ $7.36 Million	0.159x	-26.16%
2014-03-31	Rs3.88 Billion ≈ $42.01 Million	Rs833.78 Million ≈ $9.02 Million	0.215x	+207.91%
2013-03-31	Rs3.44 Billion ≈ $37.18 Million	Rs239.67 Million ≈ $2.59 Million	0.070x	-46.07%
2012-03-31	Rs3.02 Billion ≈ $32.61 Million	Rs389.82 Million ≈ $4.22 Million	0.129x	-30.09%
2011-03-31	Rs2.57 Billion ≈ $27.80 Million	Rs475.41 Million ≈ $5.14 Million	0.185x	-1.75%
2010-03-31	Rs2.22 Billion ≈ $23.98 Million	Rs417.33 Million ≈ $4.51 Million	0.188x	-7.55%
2009-03-31	Rs1.89 Billion ≈ $20.41 Million	Rs384.20 Million ≈ $4.15 Million	0.204x	+6.48%
2008-03-31	Rs1.64 Billion ≈ $17.72 Million	Rs313.29 Million ≈ $3.39 Million	0.191x	+77.10%
2007-03-31	Rs1.47 Billion ≈ $15.94 Million	Rs159.12 Million ≈ $1.72 Million	0.108x	+9.42%
2006-03-31	Rs936.29 Million ≈ $10.13 Million	Rs92.38 Million ≈ $999.06K	0.099x	+93.80%
2005-03-31	Rs837.92 Million ≈ $9.06 Million	Rs42.66 Million ≈ $461.35K	0.051x	-37.89%
2004-03-31	Rs792.11 Million ≈ $8.57 Million	Rs64.93 Million ≈ $702.19K	0.082x	+13.17%
2003-03-31	Rs731.19 Million ≈ $7.91 Million	Rs52.96 Million ≈ $572.74K	0.072x	+0.33%
2002-03-31	Rs671.13 Million ≈ $7.26 Million	Rs48.45 Million ≈ $523.97K	0.072x	--

About ICRA Limited

NSE:ICRA India Financial Data & Stock Exchanges

Market Cap

$473.00 Million

Rs43.74 Billion INR

Market Cap Rank

#12651 Global

#637 in India

Share Price

Rs4544.70

Change (1 day)

-0.87%

52-Week Range

Rs4544.70 - Rs6679.50

All Time High

Rs7269.20