Indoco Remedies Limited (INDOCO) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.162x

Based on the latest financial reports, Indoco Remedies Limited (INDOCO) has a cash flow conversion efficiency ratio of 0.162x 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 (Rs1.58 Billion ≈ $17.06 Million USD) by net assets (Rs9.74 Billion ≈ $105.37 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 Indoco Remedies Limited (INDOCO) balance sheet quality index to measure how much of total assets are equity-financed.

Indoco Remedies Limited - Cash Flow Conversion Efficiency Trend (2004–2026)

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

Indoco Remedies Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Indoco Remedies Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Arad Investment & Industrial Development Ltd TA:ARAD	0.124x
Pennar Industries Limited NSE:PENIND	0.108x
Fossil Group Inc NASDAQ:FOSL	-0.262x
Baazar Style Retail Limited NSE:STYLEBAAZA	0.240x
Sizzle Acquisition Corp. II - Class A ordinary shares NASDAQ:SZZL	0.000x
Live Oak Acquisition Corp. V Class A Ordinary Shares NASDAQ:LOKV	-0.003x
Jasuindo Tiga Perkasa Tbk JK:JTPE	-0.046x
Shanghai Lisheng Racing Co Ltd SHE:002858	0.016x

Annual Cash Flow Conversion Efficiency for Indoco Remedies Limited (2004–2026)

The table below shows the annual cash flow conversion efficiency of Indoco Remedies Limited from 2004 to 2026. For the full company profile with market capitalisation and key ratios, see Indoco Remedies Limited (INDOCO) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs9.32 Billion ≈ $100.81 Million	Rs324.30 Million ≈ $3.51 Million	0.035x	+27.04%
2025-03-31	Rs10.18 Billion ≈ $110.13 Million	Rs278.90 Million ≈ $3.02 Million	0.027x	-80.43%
2024-03-31	Rs11.10 Billion ≈ $120.10 Million	Rs1.55 Billion ≈ $16.80 Million	0.140x	-19.54%
2023-03-31	Rs10.28 Billion ≈ $111.20 Million	Rs1.79 Billion ≈ $19.34 Million	0.174x	-9.50%
2022-03-31	Rs9.05 Billion ≈ $97.83 Million	Rs1.74 Billion ≈ $18.80 Million	0.192x	+79.71%
2021-03-31	Rs7.69 Billion ≈ $83.16 Million	Rs822.22 Million ≈ $8.89 Million	0.107x	-40.85%
2020-03-31	Rs6.80 Billion ≈ $73.49 Million	Rs1.23 Billion ≈ $13.29 Million	0.181x	-9.61%
2019-03-31	Rs6.61 Billion ≈ $71.44 Million	Rs1.32 Billion ≈ $14.29 Million	0.200x	+10.00%
2018-03-31	Rs6.75 Billion ≈ $73.00 Million	Rs1.23 Billion ≈ $13.27 Million	0.182x	+33.64%
2017-03-31	Rs6.52 Billion ≈ $70.46 Million	Rs886.40 Million ≈ $9.59 Million	0.136x	-29.86%
2016-03-31	Rs5.84 Billion ≈ $63.19 Million	Rs1.13 Billion ≈ $12.26 Million	0.194x	-8.10%
2015-03-31	Rs5.19 Billion ≈ $56.11 Million	Rs1.09 Billion ≈ $11.84 Million	0.211x	-2.30%
2014-03-31	Rs4.57 Billion ≈ $49.47 Million	Rs988.09 Million ≈ $10.69 Million	0.216x	+29.87%
2013-03-31	Rs4.14 Billion ≈ $44.78 Million	Rs688.69 Million ≈ $7.45 Million	0.166x	+8.53%
2012-03-31	Rs3.85 Billion ≈ $41.61 Million	Rs589.71 Million ≈ $6.38 Million	0.153x	+27.38%
2011-03-31	Rs3.50 Billion ≈ $37.87 Million	Rs421.36 Million ≈ $4.56 Million	0.120x	-21.91%
2010-03-31	Rs3.11 Billion ≈ $33.58 Million	Rs478.40 Million ≈ $5.17 Million	0.154x	+13.60%
2009-03-31	Rs2.78 Billion ≈ $30.11 Million	Rs377.64 Million ≈ $4.08 Million	0.136x	+30.76%
2008-03-31	Rs2.54 Billion ≈ $27.50 Million	Rs263.71 Million ≈ $2.85 Million	0.104x	+185.15%
2007-03-31	Rs2.33 Billion ≈ $25.20 Million	Rs84.76 Million ≈ $916.63K	0.036x	-80.49%
2006-03-31	Rs1.98 Billion ≈ $21.45 Million	Rs369.86 Million ≈ $4.00 Million	0.186x	+438.09%
2005-03-31	Rs1.75 Billion ≈ $18.96 Million	Rs60.74 Million ≈ $656.92K	0.035x	-81.85%
2004-03-31	Rs880.11 Million ≈ $9.52 Million	Rs168.02 Million ≈ $1.82 Million	0.191x	--

About Indoco Remedies Limited

NSE:INDOCO India Drug Manufacturers - Specialty & Generic

Market Cap

$245.06 Million

Rs22.66 Billion INR

Market Cap Rank

#15661 Global

#810 in India

Share Price

Rs245.84

Change (1 day)

+0.53%

52-Week Range

Rs164.00 - Rs324.50

All Time High

Rs511.66