Man Industries (India) Limited (MANINDS) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.032x

Based on the latest financial reports, Man Industries (India) Limited (MANINDS) has a cash flow conversion efficiency ratio of -0.032x 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 (Rs-619.62 Million ≈ $-6.70 Million USD) by net assets (Rs19.67 Billion ≈ $212.69 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 MANINDS net asset quality index to measure how much of total assets are equity-financed.

Man Industries (India) Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

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

Man Industries (India) Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Man Industries (India) Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd B SHG:900932	-0.096x
Medistim ASA OL:MEDI	0.098x
Caledonia Mining Corporation NYSE MKT:CMCL	0.073x
Tianjin LVYIN Landscape and Ecology Construction Co Ltd SHE:002887	0.001x
Tianjin Yiyi Hygiene Products Co Ltd SHE:001206	0.043x
Zhejiang Jindao Technology Co. Ltd. SHE:301279	N/A
Winner Information Technology Co Inc SHE:300609	-0.011x
Hankook Shell Oil KO:002960	0.124x

Annual Cash Flow Conversion Efficiency for Man Industries (India) Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of Man Industries (India) Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see Man Industries (India) Limited market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs16.07 Billion ≈ $173.82 Million	Rs679.90 Million ≈ $7.35 Million	0.042x	-76.92%
2024-03-31	Rs14.05 Billion ≈ $151.93 Million	Rs2.57 Billion ≈ $27.84 Million	0.183x	+254.97%
2023-03-31	Rs10.04 Billion ≈ $108.60 Million	Rs-1.19 Billion ≈ $-12.84 Million	-0.118x	-124.71%
2022-03-31	Rs9.42 Billion ≈ $101.89 Million	Rs4.51 Billion ≈ $48.77 Million	0.479x	+767.15%
2021-03-31	Rs8.35 Billion ≈ $90.29 Million	Rs-598.94 Million ≈ $-6.48 Million	-0.072x	-124.98%
2020-03-31	Rs7.46 Billion ≈ $80.72 Million	Rs2.14 Billion ≈ $23.18 Million	0.287x	+48.02%
2019-03-31	Rs7.02 Billion ≈ $75.92 Million	Rs1.36 Billion ≈ $14.73 Million	0.194x	-4.15%
2018-03-31	Rs6.52 Billion ≈ $70.53 Million	Rs1.32 Billion ≈ $14.27 Million	0.202x	+261.92%
2017-03-31	Rs5.98 Billion ≈ $64.70 Million	Rs-747.75 Million ≈ $-8.09 Million	-0.125x	-133.99%
2016-03-31	Rs5.68 Billion ≈ $61.41 Million	Rs2.09 Billion ≈ $22.58 Million	0.368x	+175.48%
2015-03-31	Rs4.82 Billion ≈ $52.18 Million	Rs644.07 Million ≈ $6.97 Million	0.133x	-64.31%
2014-03-31	Rs6.61 Billion ≈ $71.45 Million	Rs2.47 Billion ≈ $26.72 Million	0.374x	+155.24%
2013-03-31	Rs6.55 Billion ≈ $70.81 Million	Rs-4.43 Billion ≈ $-47.95 Million	-0.677x	-160.04%
2012-03-31	Rs6.12 Billion ≈ $66.18 Million	Rs6.90 Billion ≈ $74.64 Million	1.128x	+251.96%
2011-03-31	Rs5.13 Billion ≈ $55.44 Million	Rs1.64 Billion ≈ $17.76 Million	0.320x	-14.45%
2010-03-31	Rs4.39 Billion ≈ $47.43 Million	Rs1.64 Billion ≈ $17.76 Million	0.375x	+154.69%
2009-03-31	Rs4.05 Billion ≈ $43.77 Million	Rs595.15 Million ≈ $6.44 Million	0.147x	-80.75%
2008-03-31	Rs3.67 Billion ≈ $39.71 Million	Rs2.81 Billion ≈ $30.34 Million	0.764x	+310.68%
2007-03-31	Rs3.07 Billion ≈ $33.19 Million	Rs-1.11 Billion ≈ $-12.03 Million	-0.363x	-45.97%
2006-03-31	Rs2.75 Billion ≈ $29.76 Million	Rs-683.65 Million ≈ $-7.39 Million	-0.248x	-143.21%
2005-03-31	Rs939.83 Million ≈ $10.16 Million	Rs540.33 Million ≈ $5.84 Million	0.575x	--

About Man Industries (India) Limited

NSE:MANINDS India Steel

Market Cap

$440.24 Million

Rs40.71 Billion INR

Market Cap Rank

#12848 Global

#646 in India

Share Price

Rs542.70

Change (1 day)

-1.08%

52-Week Range

Rs310.55 - Rs601.40

All Time High

Rs601.40