Mastek Limited (MASTEK) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.052x

Based on the latest financial reports, Mastek Limited (MASTEK) has a cash flow conversion efficiency ratio of 0.052x 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 (Rs1.39 Billion ≈ $15.07 Million USD) by net assets (Rs26.77 Billion ≈ $289.48 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 debt-free asset ratio of Mastek Limited to measure how much of total assets are equity-financed.

Mastek Limited - Cash Flow Conversion Efficiency Trend (2004–2026)

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

Mastek Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Zhangjiagang Furui Special Equip SHE:300228	0.106x
BCI Minerals Limited F:BC3	-0.001x
Liaoning Hongyang Energy Resource Invest Co Ltd SHG:600758	0.046x
Vanjee Technology Co Ltd SHE:300552	0.001x
Hovnanian Enterprises Inc NYSE:HOV	-0.081x
Jiangsu Boiln Plastics Co. Ltd. SHE:301003	0.029x
Bide Pharmatech Co. Ltd. A SHG:688073	N/A
ChengDa Pharmaceuticals Co. Ltd. SHE:301201	N/A

Annual Cash Flow Conversion Efficiency for Mastek Limited (2004–2026)

The table below shows the annual cash flow conversion efficiency of Mastek Limited from 2004 to 2026. For the full company profile with market capitalisation and key ratios, see MASTEK market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs29.92 Billion ≈ $323.56 Million	Rs5.31 Billion ≈ $57.45 Million	0.178x	+10.66%
2025-03-31	Rs24.62 Billion ≈ $266.29 Million	Rs3.95 Billion ≈ $42.73 Million	0.160x	-20.32%
2024-03-31	Rs20.87 Billion ≈ $225.75 Million	Rs4.20 Billion ≈ $45.46 Million	0.201x	+233.76%
2023-03-31	Rs17.75 Billion ≈ $191.91 Million	Rs1.07 Billion ≈ $11.58 Million	0.060x	-73.05%
2022-03-31	Rs12.22 Billion ≈ $132.12 Million	Rs2.73 Billion ≈ $29.58 Million	0.224x	-18.88%
2021-03-31	Rs10.41 Billion ≈ $112.53 Million	Rs2.87 Billion ≈ $31.05 Million	0.276x	+38.75%
2020-03-31	Rs9.28 Billion ≈ $100.31 Million	Rs1.84 Billion ≈ $19.95 Million	0.199x	+89.80%
2019-03-31	Rs7.16 Billion ≈ $77.48 Million	Rs750.70 Million ≈ $8.12 Million	0.105x	-10.21%
2018-03-31	Rs5.49 Billion ≈ $59.40 Million	Rs641.00 Million ≈ $6.93 Million	0.117x	-6.09%
2017-03-31	Rs3.49 Billion ≈ $37.70 Million	Rs433.18 Million ≈ $4.68 Million	0.124x	+25.98%
2016-03-31	Rs3.19 Billion ≈ $34.53 Million	Rs314.97 Million ≈ $3.41 Million	0.099x	-0.36%
2015-03-31	Rs5.96 Billion ≈ $64.44 Million	Rs589.83 Million ≈ $6.38 Million	0.099x	-37.77%
2014-03-31	Rs5.60 Billion ≈ $60.58 Million	Rs891.16 Million ≈ $9.64 Million	0.159x	-20.83%
2013-03-31	Rs5.33 Billion ≈ $57.63 Million	Rs1.07 Billion ≈ $11.58 Million	0.201x	+985.75%
2012-03-31	Rs5.36 Billion ≈ $57.92 Million	Rs-121.50 Million ≈ $-1.31 Million	-0.023x	-217.92%
2011-03-31	Rs4.91 Billion ≈ $53.07 Million	Rs94.41 Million ≈ $1.02 Million	0.019x	-66.46%
2010-03-31	Rs5.48 Billion ≈ $59.24 Million	Rs314.18 Million ≈ $3.40 Million	0.057x	-86.39%
2009-03-31	Rs5.08 Billion ≈ $54.99 Million	Rs2.14 Billion ≈ $23.17 Million	0.421x	+95.45%
2008-03-31	Rs3.95 Billion ≈ $42.67 Million	Rs850.72 Million ≈ $9.20 Million	0.216x	-15.67%
2007-03-31	Rs3.52 Billion ≈ $38.03 Million	Rs898.96 Million ≈ $9.72 Million	0.256x	-11.83%
2006-03-31	Rs3.06 Billion ≈ $33.13 Million	Rs888.17 Million ≈ $9.61 Million	0.290x	-11.06%
2005-03-31	Rs2.39 Billion ≈ $25.88 Million	Rs780.00 Million ≈ $8.44 Million	0.326x	+14.14%
2004-03-31	Rs1.76 Billion ≈ $19.00 Million	Rs501.66 Million ≈ $5.43 Million	0.286x	--

About Mastek Limited

NSE:MASTEK India Information Technology Services

Market Cap

$628.55 Million

Rs58.12 Billion INR

Market Cap Rank

#10911 Global

#552 in India

Share Price

Rs1874.80

Change (1 day)

-2.87%

52-Week Range

Rs1342.20 - Rs2607.30

All Time High

Rs3387.22