Inox Green Energy Services Limited Cash Flow Conversion Efficiency

Latest as of September 2023: 0.020x

Inox Green Energy Services Limited cash flow conversion efficiency. Based on the latest financial reports, Inox Green Energy Services Limited (INOXGREEN) has a cash flow conversion efficiency ratio of 0.020x as of September 2023. 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 (Rs266.60 Million ≈ $2.88 Million USD) by net assets (Rs13.22 Billion ≈ $143.00 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Inox Green Energy Services Limited (2017–2026)

Cash flow conversion efficiency of Inox Green Energy Services Limited from 2017 to 2026. This chart illustrates how Inox Green Energy Services Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Inox Green Energy Services Limited for real-time trading data and today's change.

Inox Green Energy Services Limited Cash Flow Conversion Ratio Explained

Inox Green Energy Services Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Inox Green Energy Services Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Inox Green Energy Services Limited ranked by their cash flow conversion efficiency. Also see market cap of Inox Green Energy Services Limited for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
COOR Service Management AB ST:COOR	0.050x
Dada Nexus Ltd NASDAQ:DADA	0.009x
Nanjing Bestway Intelligent Control Technology Co. Ltd. A SHE:301195	N/A
Wall Financial Corporation TO:WFC	0.016x
TA-I Technology Co Ltd TW:2478	0.020x
ScinoPharm Taiwan Ltd TW:1789	0.019x
Luoyang Northglass Technology Co Ltd SHE:002613	0.040x
Qingdao Liqun Department Store Group Co Ltd SHG:601366	0.146x

Annual Cash Flow Conversion Efficiency for Inox Green Energy Services Limited (2017–2026)

The table below shows the annual cash flow conversion efficiency of Inox Green Energy Services Limited from 2017 to 2026. Review Inox Green Energy Services Limited free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs17.15 Billion ≈ $185.48 Million	Rs843.10 Million ≈ $9.12 Million	0.049x	+112.30%
2025-03-31	Rs19.74 Billion ≈ $213.49 Million	Rs457.10 Million ≈ $4.94 Million	0.023x	+497.39%
2024-03-31	Rs13.50 Billion ≈ $145.99 Million	Rs-78.66 Million ≈ $-850.65K	-0.006x	+74.19%
2023-03-31	Rs11.32 Billion ≈ $122.47 Million	Rs-255.70 Million ≈ $-2.77 Million	-0.023x	-112.58%
2022-03-31	Rs8.07 Billion ≈ $87.23 Million	Rs1.45 Billion ≈ $15.65 Million	0.179x	+39.38%
2021-03-31	Rs7.82 Billion ≈ $84.56 Million	Rs1.01 Billion ≈ $10.89 Million	0.129x	+278.02%
2020-03-31	Rs6.61 Billion ≈ $71.48 Million	Rs225.13 Million ≈ $2.43 Million	0.034x	+101.34%
2019-03-31	Rs489.48 Million ≈ $5.29 Million	Rs-1.24 Billion ≈ $-13.45 Million	-2.541x	-236.74%
2018-03-31	Rs18.00 Million ≈ $194.68K	Rs33.45 Million ≈ $361.78K	1.858x	+630.52%
2017-03-31	Rs579.06 Million ≈ $6.26 Million	Rs-202.83 Million ≈ $-2.19 Million	-0.350x	--

About Inox Green Energy Services Limited

NSE:INOXGREEN India Utilities - Renewable

Market Cap

$506.15 Million

Rs46.80 Billion INR

Market Cap Rank

#11849 Global

#588 in India

Share Price

Rs116.57

Change (1 day)

+14.49%

52-Week Range

Rs101.82 - Rs270.05

All Time High

Rs272.20