MIC Electronics Limited (MICEL) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.001x

Based on the latest financial reports, MIC Electronics Limited (MICEL) has a cash flow conversion efficiency ratio of 0.001x 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 (Rs3.24 Million ≈ $35.02K USD) by net assets (Rs2.28 Billion ≈ $24.70 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 MIC Electronics Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

MIC Electronics Limited - Cash Flow Conversion Efficiency Trend (2005–2026)

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

MIC Electronics Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
ZHEJIANG SHIBAO H YC 1 F:W4K1	N/A
Sino-Ocean Group Holding Limited F:3SD	0.462x
Crosswood PA:CROS	-0.020x
ELK-Desa Resources Bhd KLSE:5228	0.030x
Paramount Gold Nevada Corp NYSE MKT:PZG	0.070x
MDxHealth SA ADR NASDAQ:MDXH	-0.031x
Luxchem Corporation Bhd KLSE:5143	0.003x
Suzhou Goldengreen Technologies Ltd SHE:002808	-0.049x

Annual Cash Flow Conversion Efficiency for MIC Electronics Limited (2005–2026)

The table below shows the annual cash flow conversion efficiency of MIC Electronics Limited from 2005 to 2026. For the full company profile with market capitalisation and key ratios, see market value of MIC Electronics Limited.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs2.17 Billion ≈ $23.44 Million	Rs32.73 Million ≈ $353.91K	0.015x	+106.91%
2025-03-31	Rs2.23 Billion ≈ $24.07 Million	Rs-486.65 Million ≈ $-5.26 Million	-0.219x	-173.71%
2024-03-31	Rs1.22 Billion ≈ $13.19 Million	Rs-97.42 Million ≈ $-1.05 Million	-0.080x	-7.43%
2023-03-31	Rs640.20 Million ≈ $6.92 Million	Rs-47.60 Million ≈ $-514.78K	-0.074x	+91.76%
2022-03-31	Rs637.74 Million ≈ $6.90 Million	Rs-575.79 Million ≈ $-6.23 Million	-0.903x	+96.91%
2021-03-31	Rs50.07 Million ≈ $541.48K	Rs-1.46 Billion ≈ $-15.84 Million	-29.254x	-567685.13%
2020-03-31	Rs-1.28 Billion ≈ $-13.83 Million	Rs6.59 Million ≈ $71.26K	-0.005x	-29.47%
2019-03-31	Rs-1.04 Billion ≈ $-11.29 Million	Rs4.16 Million ≈ $44.94K	-0.004x	+99.06%
2018-03-31	Rs-773.55 Million ≈ $-8.37 Million	Rs328.97 Million ≈ $3.56 Million	-0.425x	-648.80%
2017-03-31	Rs3.22 Billion ≈ $34.81 Million	Rs-182.82 Million ≈ $-1.98 Million	-0.057x	+40.55%
2016-03-31	Rs2.31 Billion ≈ $24.95 Million	Rs-220.43 Million ≈ $-2.38 Million	-0.096x	+6.59%
2015-03-31	Rs3.10 Billion ≈ $33.52 Million	Rs-316.92 Million ≈ $-3.43 Million	-0.102x	-3580.39%
2014-03-31	Rs3.00 Billion ≈ $32.40 Million	Rs-8.32 Million ≈ $-90.02K	-0.003x	-115.01%
2013-03-31	Rs3.45 Billion ≈ $37.27 Million	Rs63.80 Million ≈ $690.01K	0.019x	+192.86%
2011-03-31	Rs4.22 Billion ≈ $45.60 Million	Rs-84.07 Million ≈ $-909.17K	-0.020x	-123.88%
2010-03-31	Rs3.97 Billion ≈ $42.97 Million	Rs331.72 Million ≈ $3.59 Million	0.083x	+402.56%
2009-03-31	Rs3.33 Billion ≈ $36.05 Million	Rs-91.97 Million ≈ $-994.57K	-0.028x	-43.51%
2008-03-31	Rs2.73 Billion ≈ $29.51 Million	Rs-52.46 Million ≈ $-567.33K	-0.019x	+58.67%
2007-03-31	Rs1.68 Billion ≈ $18.18 Million	Rs-78.20 Million ≈ $-845.66K	-0.047x	+84.00%
2006-03-31	Rs494.00 Million ≈ $5.34 Million	Rs-143.63 Million ≈ $-1.55 Million	-0.291x	-261.81%
2005-03-31	Rs192.34 Million ≈ $2.08 Million	Rs34.56 Million ≈ $373.75K	0.180x	--

About MIC Electronics Limited

NSE:MICEL India Electronic Components

Market Cap

$111.50 Million

Rs10.31 Billion INR

Market Cap Rank

#18861 Global

#1009 in India

Share Price

Rs42.78

Change (1 day)

-0.90%

52-Week Range

Rs29.97 - Rs78.59

All Time High

Rs111.80