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.

MAS Financial Services Limited - Cash Flow Conversion Efficiency Trend (2012–2025)

This chart illustrates how MAS Financial Services Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read MASFIN liabilities breakdown for a breakdown of total debt and financial obligations.

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
Brilliance Technology Co Ltd SHE:300542	-0.162x
Shenzhen Aoto Electronics Co Ltd SHE:002587	0.013x
Alpha Hpa Ltd AU:A4N	-0.107x
Construtora Tenda S.A SA:TEND3	0.084x
Bank of Kaohsiung Ltd TW:2836	-0.051x
Great Chinasoft Technology Co Ltd SHE:002453	-0.023x
China Wuyi Co Ltd SHE:000797	0.013x
Beijing ZznodeTechnologies Co Ltd SHE:003007	0.249x

Annual Cash Flow Conversion Efficiency for MAS Financial Services Limited (2012–2025)

The table below shows the annual cash flow conversion efficiency of MAS Financial Services Limited from 2012 to 2025. 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
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

$667.00 Million

Rs61.68 Billion INR

Market Cap Rank

#11078 Global

#525 in India

Share Price

Rs339.90

Change (1 day)

+4.30%

52-Week Range

Rs259.55 - Rs346.20

All Time High

Rs397.45