Max Estates Limited (MAXESTATES) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.101x

Based on the latest financial reports, Max Estates Limited (MAXESTATES) has a cash flow conversion efficiency ratio of -0.101x 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-3.04 Billion ≈ $-32.93 Million USD) by net assets (Rs30.18 Billion ≈ $326.36 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 Max Estates Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Max Estates Limited - Cash Flow Conversion Efficiency Trend (2016–2026)

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

Max Estates Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
RHOEN-KLINIK.UNSP.ADR 1/2 F:RHKU	N/A
Shanghai Yanpu Metal Products Co Ltd SHG:605128	0.005x
Wuxi Xinhongtai ElecTech SHG:603016	0.034x
Shanghai Orient-Chip Technology Co. Ltd. A SHG:688061	N/A
HMT Limited NSE:HMT	-0.004x
Asseco Business Solutions S.A. WAR:ABS	0.101x
Annexon Inc NASDAQ:ANNX	-0.229x
Guangdong Meiyan Jixiang Hydropower Co Ltd SHG:600868	0.026x

Annual Cash Flow Conversion Efficiency for Max Estates Limited (2016–2026)

The table below shows the annual cash flow conversion efficiency of Max Estates Limited from 2016 to 2026. For the full company profile with market capitalisation and key ratios, see Max Estates Limited market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs31.61 Billion ≈ $341.87 Million	Rs-6.61 Billion ≈ $-71.53 Million	-0.209x	-347.45%
2025-03-31	Rs26.61 Billion ≈ $287.77 Million	Rs2.25 Billion ≈ $24.33 Million	0.085x	-43.82%
2024-03-31	Rs14.51 Billion ≈ $156.87 Million	Rs2.18 Billion ≈ $23.61 Million	0.151x	+141.36%
2023-03-31	Rs12.54 Billion ≈ $135.60 Million	Rs-4.56 Billion ≈ $-49.35 Million	-0.364x	-674.97%
2022-03-31	Rs6.43 Billion ≈ $69.55 Million	Rs407.08 Million ≈ $4.40 Million	0.063x	+23.94%
2021-03-31	Rs18.06 Billion ≈ $195.26 Million	Rs922.19 Million ≈ $9.97 Million	0.051x	-95.13%
2020-03-31	Rs1.66 Billion ≈ $17.93 Million	Rs1.74 Billion ≈ $18.80 Million	1.049x	+169.51%
2019-03-31	Rs1.25 Billion ≈ $13.55 Million	Rs-1.89 Billion ≈ $-20.45 Million	-1.509x	-49.11%
2018-03-31	Rs4.05 Billion ≈ $43.82 Million	Rs-4.10 Billion ≈ $-44.35 Million	-1.012x	-313.84%
2017-03-31	Rs674.51 Million ≈ $7.29 Million	Rs319.25 Million ≈ $3.45 Million	0.473x	+85.35%
2016-03-31	Rs2.12 Billion ≈ $22.87 Million	Rs540.13 Million ≈ $5.84 Million	0.255x	--

About Max Estates Limited

NSE:MAXESTATES India Real Estate - Development

Market Cap

$802.96 Million

Rs74.25 Billion INR

Market Cap Rank

#10061 Global

#497 in India

Share Price

Rs454.15

Change (1 day)

-1.38%

52-Week Range

Rs308.75 - Rs552.20

All Time High

Rs684.35