MAS Financial Services Limited (MASFIN) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.351x

Based on the latest financial reports, MAS Financial Services Limited (MASFIN) has a cash flow conversion efficiency ratio of -0.351x 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-10.02 Billion ≈ $-108.40 Million USD) by net assets (Rs28.53 Billion ≈ $308.53 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 MASFIN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

MAS Financial Services Limited - Cash Flow Conversion Efficiency Trend (2012–2026)

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

MAS Financial Services Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Nanjing Medlander Medical Technology Co. Ltd. A SHG:688273	N/A
Yunnan Tourism Co Ltd SHE:002059	0.044x
Beijing Thunisoft Co Ltd SHE:300271	-0.037x
PT Bukalapak.com JK:BUKA	0.010x
Hunan Yussen Energy Technology SHE:002986	-0.020x
Hainan Haiqi Transportation Group Co Ltd SHG:603069	-0.017x
CyberPower Systems Inc TW:3617	0.053x
Qingdao Choho Industrial Co Ltd SHE:003033	0.068x

Annual Cash Flow Conversion Efficiency for MAS Financial Services Limited (2012–2026)

The table below shows the annual cash flow conversion efficiency of MAS Financial Services Limited from 2012 to 2026. For the full company profile with market capitalisation and key ratios, see MASFIN stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs30.36 Billion ≈ $328.38 Million	Rs-17.87 Billion ≈ $-193.23 Million	-0.588x	-37.60%
2025-03-31	Rs26.50 Billion ≈ $286.64 Million	Rs-11.33 Billion ≈ $-122.58 Million	-0.428x	+43.07%
2024-03-31	Rs18.19 Billion ≈ $196.67 Million	Rs-13.66 Billion ≈ $-147.73 Million	-0.751x	+22.02%
2023-03-31	Rs15.45 Billion ≈ $167.05 Million	Rs-14.88 Billion ≈ $-160.92 Million	-0.963x	-60.87%
2022-03-31	Rs13.40 Billion ≈ $144.91 Million	Rs-8.02 Billion ≈ $-86.77 Million	-0.599x	-24.33%
2021-03-31	Rs12.00 Billion ≈ $129.81 Million	Rs-5.78 Billion ≈ $-62.52 Million	-0.482x	-361.46%
2020-03-31	Rs10.66 Billion ≈ $115.27 Million	Rs1.96 Billion ≈ $21.23 Million	0.184x	+137.00%
2019-03-31	Rs9.40 Billion ≈ $101.66 Million	Rs-4.68 Billion ≈ $-50.61 Million	-0.498x	+2.47%
2018-03-31	Rs7.35 Billion ≈ $79.51 Million	Rs-3.75 Billion ≈ $-40.59 Million	-0.510x	+40.97%
2017-03-31	Rs1.90 Billion ≈ $20.54 Million	Rs-1.64 Billion ≈ $-17.77 Million	-0.865x	+24.79%
2016-03-31	Rs2.44 Billion ≈ $26.34 Million	Rs-2.80 Billion ≈ $-30.29 Million	-1.150x	+10.98%
2015-03-31	Rs2.07 Billion ≈ $22.35 Million	Rs-2.67 Billion ≈ $-28.86 Million	-1.292x	-24.42%
2014-03-31	Rs1.77 Billion ≈ $19.20 Million	Rs-1.84 Billion ≈ $-19.93 Million	-1.038x	-97.21%
2013-03-31	Rs1.52 Billion ≈ $16.47 Million	Rs-801.65 Million ≈ $-8.67 Million	-0.526x	-281.24%
2012-03-31	Rs1.29 Billion ≈ $14.00 Million	Rs-178.71 Million ≈ $-1.93 Million	-0.138x	--

About MAS Financial Services Limited

NSE:MASFIN India Credit Services

Market Cap

$628.05 Million

Rs58.07 Billion INR

Market Cap Rank

#11248 Global

#552 in India

Share Price

Rs320.05

Change (1 day)

+2.48%

52-Week Range

Rs279.65 - Rs347.40

All Time High

Rs397.45