Iris Business Services Limited (IRIS) - Cash Flow Conversion Efficiency

Latest as of September 2023: 0.066x

Based on the latest financial reports, Iris Business Services Limited (IRIS) has a cash flow conversion efficiency ratio of 0.066x 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 (Rs23.00 Million ≈ $248.74K USD) by net assets (Rs347.53 Million ≈ $3.76 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 how many days can Iris Business Services Limited fund operations to measure how many days the company can operate on defensive assets alone.

Iris Business Services Limited - Cash Flow Conversion Efficiency Trend (2013–2026)

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

Iris Business Services Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Iris Business Services Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Formet Celik Kapi Sanayi ve Ticaret AS IS:FORMT	0.033x
Epitomee Medical Ltd TA:EPIT	-0.416x
BitFuFu Inc. Class A Ordinary Shares NASDAQ:FUFU	0.000x
Ildong Holdings Co Ltd KO:000230	0.042x
LB Aluminium Bhd KLSE:9326	-0.024x
Eltek Ltd NASDAQ:ELTK	0.032x
Croda International PLC LSE:CRDA	0.044x
Brera Holdings PLC NASDAQ:SLMT	-0.317x

Annual Cash Flow Conversion Efficiency for Iris Business Services Limited (2013–2026)

The table below shows the annual cash flow conversion efficiency of Iris Business Services Limited from 2013 to 2026. For the full company profile with market capitalisation and key ratios, see Iris Business Services Limited market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs2.01 Billion ≈ $21.71 Million	Rs1.06 Billion ≈ $11.50 Million	0.530x	+45.10%
2025-03-31	Rs761.01 Million ≈ $8.23 Million	Rs277.79 Million ≈ $3.00 Million	0.365x	+28.39%
2024-03-31	Rs411.42 Million ≈ $4.45 Million	Rs116.97 Million ≈ $1.27 Million	0.284x	+57.53%
2023-03-31	Rs316.33 Million ≈ $3.42 Million	Rs57.09 Million ≈ $617.42K	0.180x	+1294.58%
2022-03-31	Rs272.90 Million ≈ $2.95 Million	Rs-4.12 Million ≈ $-44.59K	-0.015x	-103.69%
2021-03-31	Rs274.87 Million ≈ $2.97 Million	Rs112.44 Million ≈ $1.22 Million	0.409x	+485.58%
2020-03-31	Rs246.47 Million ≈ $2.67 Million	Rs17.22 Million ≈ $186.20K	0.070x	+105.35%
2019-03-31	Rs241.63 Million ≈ $2.61 Million	Rs8.22 Million ≈ $88.89K	0.034x	+129.44%
2018-03-31	Rs301.09 Million ≈ $3.26 Million	Rs-34.79 Million ≈ $-376.19K	-0.116x	-160.03%
2017-03-31	Rs190.86 Million ≈ $2.06 Million	Rs36.73 Million ≈ $397.24K	0.192x	-29.40%
2016-03-31	Rs280.69 Million ≈ $3.04 Million	Rs76.52 Million ≈ $827.50K	0.273x	+14.86%
2015-03-31	Rs352.60 Million ≈ $3.81 Million	Rs83.69 Million ≈ $905.04K	0.237x	+57.74%
2014-03-31	Rs330.63 Million ≈ $3.58 Million	Rs49.75 Million ≈ $538.01K	0.150x	-82.34%
2013-03-31	Rs240.35 Million ≈ $2.60 Million	Rs204.72 Million ≈ $2.21 Million	0.852x	--

About Iris Business Services Limited

NSE:IRIS India Software - Application

Market Cap

$53.51 Million

Rs4.95 Billion INR

Market Cap Rank

#21706 Global

#1200 in India

Share Price

Rs240.55

Change (1 day)

+4.81%

52-Week Range

Rs210.91 - Rs412.85

All Time High

Rs575.00