Lupin Limited (LUPIN) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.147x

Based on the latest financial reports, Lupin Limited (LUPIN) has a cash flow conversion efficiency ratio of 0.147x 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 (Rs29.03 Billion ≈ $313.93 Million USD) by net assets (Rs197.28 Billion ≈ $2.13 Billion 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 leveraged is Lupin Limited's balance sheet to measure how much of total assets are equity-financed.

Lupin Limited - Cash Flow Conversion Efficiency Trend (2004–2025)

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

Lupin Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
HDFC Asset Management Company Limited NSE:HDFCAMC	0.130x
Washington H Soul Pattinson & Company Ltd AU:SOL	-0.041x
Allegro.eu S.A. WAR:ALE	0.012x
TAISEI CORP. ADR/ 1/4 F:TKK	N/A
SON.HO.UN.ADR 1/5 SF -05 F:PHBA	N/A
Jeronimo Martins SGPS SA LS:JMT	0.198x
DT Midstream Inc NYSE:DTM	0.060x
Avery Dennison Corp NYSE:AVY	0.141x

Annual Cash Flow Conversion Efficiency for Lupin Limited (2004–2025)

The table below shows the annual cash flow conversion efficiency of Lupin Limited from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see LUPIN stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs172.94 Billion ≈ $1.87 Billion	Rs30.00 Billion ≈ $324.43 Million	0.173x	-31.66%
2024-03-31	Rs143.73 Billion ≈ $1.55 Billion	Rs36.48 Billion ≈ $394.56 Million	0.254x	+67.83%
2023-03-31	Rs125.43 Billion ≈ $1.36 Billion	Rs18.97 Billion ≈ $205.15 Million	0.151x	+403.24%
2022-03-31	Rs122.22 Billion ≈ $1.32 Billion	Rs3.67 Billion ≈ $39.72 Million	0.030x	-77.14%
2021-03-31	Rs138.58 Billion ≈ $1.50 Billion	Rs18.22 Billion ≈ $197.02 Million	0.131x	+12.60%
2020-03-31	Rs125.81 Billion ≈ $1.36 Billion	Rs14.69 Billion ≈ $158.85 Million	0.117x	-3.37%
2019-03-31	Rs137.89 Billion ≈ $1.49 Billion	Rs16.66 Billion ≈ $180.17 Million	0.121x	-6.05%
2018-03-31	Rs136.17 Billion ≈ $1.47 Billion	Rs17.51 Billion ≈ $189.38 Million	0.129x	-57.69%
2017-03-31	Rs135.32 Billion ≈ $1.46 Billion	Rs41.14 Billion ≈ $444.86 Million	0.304x	+1022.36%
2016-03-31	Rs111.95 Billion ≈ $1.21 Billion	Rs-3.69 Billion ≈ $-39.90 Million	-0.033x	-110.73%
2015-03-31	Rs88.98 Billion ≈ $962.30 Million	Rs27.33 Billion ≈ $295.57 Million	0.307x	+7.27%
2014-03-31	Rs69.99 Billion ≈ $756.86 Million	Rs20.04 Billion ≈ $216.72 Million	0.286x	+20.48%
2013-03-31	Rs52.64 Billion ≈ $569.24 Million	Rs12.51 Billion ≈ $135.29 Million	0.238x	+73.36%
2012-03-31	Rs40.85 Billion ≈ $441.80 Million	Rs5.60 Billion ≈ $60.57 Million	0.137x	-42.67%
2011-03-31	Rs33.33 Billion ≈ $360.41 Million	Rs7.97 Billion ≈ $86.18 Million	0.239x	-8.32%
2010-03-31	Rs25.93 Billion ≈ $280.46 Million	Rs6.76 Billion ≈ $73.15 Million	0.261x	-20.06%
2009-03-31	Rs14.39 Billion ≈ $155.63 Million	Rs4.70 Billion ≈ $50.78 Million	0.326x	+62.70%
2008-03-31	Rs12.89 Billion ≈ $139.41 Million	Rs2.59 Billion ≈ $27.96 Million	0.201x	-1.57%
2007-03-31	Rs8.73 Billion ≈ $94.45 Million	Rs1.78 Billion ≈ $19.24 Million	0.204x	-8.77%
2006-03-31	Rs5.89 Billion ≈ $63.68 Million	Rs1.32 Billion ≈ $14.22 Million	0.223x	+18.37%
2005-03-31	Rs4.91 Billion ≈ $53.05 Million	Rs925.60 Million ≈ $10.01 Million	0.189x	-79.18%
2004-03-31	Rs4.32 Billion ≈ $46.67 Million	Rs3.91 Billion ≈ $42.29 Million	0.906x	--

About Lupin Limited

NSE:LUPIN India Drug Manufacturers - Specialty & Generic

Market Cap

$12.25 Billion

Rs1.13 Trillion INR

Market Cap Rank

#1894 Global

#75 in India

Share Price

Rs2478.50

Change (1 day)

+1.44%

52-Week Range

Rs1851.80 - Rs2503.30

All Time High

Rs2503.30