Inox Green Energy Services Limited (INOXGREEN) - Cash Flow Conversion Efficiency

Latest as of September 2023: 0.020x

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. See Inox Green Energy Services Limited (INOXGREEN) net asset quality to measure how much of total assets are equity-financed.

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

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

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.

Company	Cash Flow Conversion Efficiency
CSBC Corp Taiwan TW:2208	-0.623x
Chutian Dragon Co Ltd SHE:003040	0.053x
NEW HORIZ.HEAL. DL-00005 F:6YZ	N/A
Nankang Rubber Tire Corp Ltd TW:2101	0.204x
Jiangsu Olive Sensors High-Tech Co Ltd SHE:300507	-0.025x
Shanghai Chuangli Group Co Ltd SHG:603012	0.010x
Better Collective ST:BETCO	0.030x
JK Paper Limited NSE:JKPAPER	0.088x

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. For the full company profile with market capitalisation and key ratios, see Inox Green Energy Services Limited market capitalisation.

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

$756.89 Million

Rs69.99 Billion INR

Market Cap Rank

#10023 Global

#510 in India

Share Price

Rs174.32

Change (1 day)

+2.61%

52-Week Range

Rs135.01 - Rs272.20

All Time High

Rs272.20