Max India Limited (MAXIND) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.098x

Based on the latest financial reports, Max India Limited (MAXIND) has a cash flow conversion efficiency ratio of -0.098x 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-457.80 Million ≈ $-4.95 Million USD) by net assets (Rs4.67 Billion ≈ $50.52 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 net asset quality index of Max India Limited to measure how much of total assets are equity-financed.

Max India Limited - Cash Flow Conversion Efficiency Trend (2016–2025)

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

Max India Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Dharmaj Crop Guard Limited NSE:DHARMAJ	0.001x
Supercomnet Technologies Bhd KLSE:0001	0.025x
Tat Gida Sanayi AS IS:TATGD	0.249x
Logistic Properties of the Americas NYSE MKT:LPA	0.009x
Champion Building Materials Co Ltd TW:1806	0.048x
Chung Fu Tex-International Corp TW:1435	-0.010x
Iris Clothings Limited NSE:IRISDOREME	-0.103x
Smartphoto Group NV BR:SMAR	0.409x

Annual Cash Flow Conversion Efficiency for Max India Limited (2016–2025)

The table below shows the annual cash flow conversion efficiency of Max India Limited from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see MAXIND market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs3.59 Billion ≈ $38.79 Million	Rs-1.12 Billion ≈ $-12.06 Million	-0.311x	-49.61%
2024-03-31	Rs4.92 Billion ≈ $53.25 Million	Rs-1.02 Billion ≈ $-11.07 Million	-0.208x	-262.35%
2023-03-31	Rs5.42 Billion ≈ $58.63 Million	Rs694.10 Million ≈ $7.51 Million	0.128x	+22.67%
2022-03-31	Rs6.37 Billion ≈ $68.90 Million	Rs664.96 Million ≈ $7.19 Million	0.104x	-6.18%
2021-03-31	Rs6.53 Billion ≈ $70.64 Million	Rs726.67 Million ≈ $7.86 Million	0.111x	+124.67%
2020-03-31	Rs7.06 Billion ≈ $76.31 Million	Rs349.37 Million ≈ $3.78 Million	0.050x	+2601.93%
2019-03-31	Rs12.83 Billion ≈ $138.74 Million	Rs-25.39 Million ≈ $-274.57K	-0.002x	-109.04%
2018-03-31	Rs14.21 Billion ≈ $153.66 Million	Rs311.08 Million ≈ $3.36 Million	0.022x	-60.78%
2017-03-31	Rs13.94 Billion ≈ $150.77 Million	Rs778.25 Million ≈ $8.42 Million	0.056x	+485.51%
2016-03-31	Rs12.13 Billion ≈ $131.20 Million	Rs-175.66 Million ≈ $-1.90 Million	-0.014x	--

About Max India Limited

NSE:MAXIND India Medical Care Facilities

Market Cap

$97.82 Million

Rs9.05 Billion INR

Market Cap Rank

#19199 Global

#1047 in India

Share Price

Rs172.22

Change (1 day)

+1.16%

52-Week Range

Rs122.85 - Rs224.11

All Time High

Rs329.60