Manaksia Steels Limited (MANAKSTEEL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Manaksia Steels Limited (MANAKSTEEL) has a cash flow conversion efficiency ratio of 0.096x 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 (Rs292.79 Million ≈ $3.17 Million USD) by net assets (Rs3.04 Billion ≈ $32.89 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 Manaksia Steels Limited balance sheet quality to measure how much of total assets are equity-financed.
Manaksia Steels Limited - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Manaksia Steels Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Manaksia Steels Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Manaksia Steels Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Manaksia Steels Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wisekey International Holding AG
NASDAQ:WKEY
|
-0.037x |
|
Crown Confec
KO:005740
|
0.020x |
|
Roundtop Machinery Industries Co Ltd
TW:1540
|
0.023x |
|
Meditera Tibbi Malzeme Sanayi ve Ticaret AS
IS:MEDTR
|
0.057x |
|
Shin Tai Industry Co Ltd
TW:1235
|
-0.015x |
|
JD Sports Fashion PLC
LSE:JD
|
0.285x |
|
Boom Logistics Ltd
AU:BOL
|
0.104x |
|
Chosun Welding
KO:120030
|
0.009x |
Annual Cash Flow Conversion Efficiency for Manaksia Steels Limited (2013–2025)
The table below shows the annual cash flow conversion efficiency of Manaksia Steels Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see MANAKSTEEL market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | Rs2.89 Billion ≈ $31.29 Million |
Rs135.30 Million ≈ $1.46 Million |
0.047x | +126.94% |
| 2024-03-31 | Rs3.00 Billion ≈ $32.49 Million |
Rs-521.50 Million ≈ $-5.64 Million |
-0.174x | -308.66% |
| 2023-03-31 | Rs2.90 Billion ≈ $31.41 Million |
Rs241.57 Million ≈ $2.61 Million |
0.083x | +4022.66% |
| 2022-03-31 | Rs2.66 Billion ≈ $28.77 Million |
Rs-5.64 Million ≈ $-61.02K |
-0.002x | -101.32% |
| 2021-03-31 | Rs2.23 Billion ≈ $24.10 Million |
Rs356.69 Million ≈ $3.86 Million |
0.160x | +897.22% |
| 2020-03-31 | Rs1.91 Billion ≈ $20.67 Million |
Rs-38.39 Million ≈ $-415.14K |
-0.020x | -102.86% |
| 2019-03-31 | Rs1.85 Billion ≈ $20.03 Million |
Rs1.30 Billion ≈ $14.07 Million |
0.703x | +1296.14% |
| 2018-03-31 | Rs1.76 Billion ≈ $19.02 Million |
Rs-103.33 Million ≈ $-1.12 Million |
-0.059x | -368.78% |
| 2017-03-31 | Rs1.62 Billion ≈ $17.56 Million |
Rs-20.35 Million ≈ $-220.07K |
-0.013x | +58.11% |
| 2016-03-31 | Rs1.53 Billion ≈ $16.59 Million |
Rs-45.89 Million ≈ $-496.30K |
-0.030x | -104.70% |
| 2015-03-31 | Rs1.48 Billion ≈ $16.05 Million |
Rs945.49 Million ≈ $10.23 Million |
0.637x | +192.76% |
| 2014-03-31 | Rs1.41 Billion ≈ $15.20 Million |
Rs-965.19 Million ≈ $-10.44 Million |
-0.687x | -63.66% |
| 2013-03-31 | Rs101.25K ≈ $1.09K |
Rs-42.50K ≈ $-459.59 |
-0.420x | -- |
About Manaksia Steels Limited
Manaksia Steels Limited manufactures and sells secondary steel products in India and internationally. The company offers cold rolled sheets used for interior and exterior panels of automobiles, buses, and commercial vehicles; galvanized corrugated sheets applied in rural housing and factory buildings; galvanized plain sheets used in manufacturing containers and water tanks; and pre-painted galvan… Read more