Indbank Merchant Banking Services Limited (INDBANK) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.033x

Based on the latest financial reports, Indbank Merchant Banking Services Limited (INDBANK) has a cash flow conversion efficiency ratio of -0.033x 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 (Rs-31.90 Million ≈ $-344.96K USD) by net assets (Rs955.56 Million ≈ $10.33 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Indbank Merchant Banking Services Limited - Cash Flow Conversion Efficiency Trend (2006–2025)

This chart illustrates how Indbank Merchant Banking Services Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Indbank Merchant Banking Services Limite (INDBANK) total liabilities for a breakdown of total debt and financial obligations.

Indbank Merchant Banking Services Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Tasman Resources Ltd AU:TAS	-0.077x
Royal Prima PT JK:PRIM	0.002x
Pineapple Financial Inc. NYSE MKT:PAPL	0.089x
BR.SCH.ED.HLD.SP.ADR CL.A F:BSK0	N/A
ViroGates A/S CO:VIRO	-0.879x
Maheshwari Logistics Limited NSE:MAHESHWARI	-0.136x
GMV Minerals Inc V:GMV	-0.023x
Metalliance SA PA:MLETA	N/A

Annual Cash Flow Conversion Efficiency for Indbank Merchant Banking Services Limited (2006–2025)

The table below shows the annual cash flow conversion efficiency of Indbank Merchant Banking Services Limited from 2006 to 2025. For the full company profile with market capitalisation and key ratios, see INDBANK stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs916.52 Million ≈ $9.91 Million	Rs755.00K ≈ $8.17K	0.001x	+105.94%
2024-03-31	Rs833.69 Million ≈ $9.02 Million	Rs-11.57 Million ≈ $-125.09K	-0.014x	-3500.40%
2023-03-31	Rs745.05 Million ≈ $8.06 Million	Rs304.00K ≈ $3.29K	0.000x	-94.77%
2022-03-31	Rs711.32 Million ≈ $7.69 Million	Rs5.55 Million ≈ $60.00K	0.008x	-93.84%
2021-03-31	Rs642.81 Million ≈ $6.95 Million	Rs81.43 Million ≈ $880.60K	0.127x	-48.89%
2020-03-31	Rs602.07 Million ≈ $6.51 Million	Rs149.22 Million ≈ $1.61 Million	0.248x	+191.37%
2019-03-31	Rs582.34 Million ≈ $6.30 Million	Rs49.53 Million ≈ $535.68K	0.085x	+3.41%
2018-03-31	Rs565.06 Million ≈ $6.11 Million	Rs46.48 Million ≈ $502.64K	0.082x	-19.50%
2017-03-31	Rs543.56 Million ≈ $5.88 Million	Rs55.54 Million ≈ $600.64K	0.102x	+15.44%
2016-03-31	Rs490.46 Million ≈ $5.30 Million	Rs43.41 Million ≈ $469.50K	0.089x	+390.47%
2015-03-31	Rs462.91 Million ≈ $5.01 Million	Rs8.35 Million ≈ $90.35K	0.018x	-90.48%
2014-03-31	Rs416.93 Million ≈ $4.51 Million	Rs79.00 Million ≈ $854.33K	0.189x	+2169.92%
2013-03-31	Rs413.93 Million ≈ $4.48 Million	Rs-3.79 Million ≈ $-40.98K	-0.009x	+19.71%
2012-03-31	Rs406.64 Million ≈ $4.40 Million	Rs-4.64 Million ≈ $-50.14K	-0.011x	+80.29%
2011-03-31	Rs405.52 Million ≈ $4.39 Million	Rs-23.45 Million ≈ $-253.62K	-0.058x	+57.49%
2010-03-31	Rs504.79 Million ≈ $5.46 Million	Rs-68.67 Million ≈ $-742.66K	-0.136x	-622.28%
2009-03-31	Rs521.31 Million ≈ $5.64 Million	Rs13.58 Million ≈ $146.85K	0.026x	+125.29%
2008-03-31	Rs632.51 Million ≈ $6.84 Million	Rs-65.15 Million ≈ $-704.55K	-0.103x	-133.80%
2007-03-31	Rs364.90 Million ≈ $3.95 Million	Rs111.19 Million ≈ $1.20 Million	0.305x	-4.25%
2006-03-31	Rs153.18 Million ≈ $1.66 Million	Rs48.75 Million ≈ $527.23K	0.318x	--

About Indbank Merchant Banking Services Limited

NSE:INDBANK India Capital Markets

Market Cap

$16.42 Million

Rs1.52 Billion INR

Market Cap Rank

#25612 Global

#1425 in India

Share Price

Rs34.21

Change (1 day)

-1.61%

52-Week Range

Rs29.21 - Rs45.95

All Time High

Rs59.10