Nitiraj Engineers Limited (NITIRAJ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nitiraj Engineers Limited (NITIRAJ) has a cash flow conversion efficiency ratio of -0.097x 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-81.48 Million ≈ $-881.21K USD) by net assets (Rs841.22 Million ≈ $9.10 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 Nitiraj Engineers Limited balance sheet quality to measure how much of total assets are equity-financed.
Nitiraj Engineers Limited - Cash Flow Conversion Efficiency Trend (2012–2025)
This chart illustrates how Nitiraj Engineers Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NITIRAJ cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Nitiraj Engineers Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nitiraj Engineers Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tuksu Engineering & ConstructionLtd
KQ:026150
|
-0.084x |
|
Micro Digital Co. Ltd
KQ:305090
|
-0.143x |
|
Ginegar
TA:GNGR
|
0.039x |
|
Caesarstone Ltd
NASDAQ:CSTE
|
-0.066x |
|
AVTECH Sweden AB Series B
ST:AVT-B
|
0.012x |
|
Bangkok Sheet Metal Public Company Limited
BK:BM
|
0.033x |
|
Tevogen Bio Holdings Inc.
NASDAQ:TVGN
|
0.278x |
|
CHAR Technologies Ltd
V:YES
|
-0.259x |
Annual Cash Flow Conversion Efficiency for Nitiraj Engineers Limited (2012–2025)
The table below shows the annual cash flow conversion efficiency of Nitiraj Engineers Limited from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see Nitiraj Engineers Limited stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | Rs828.11 Million ≈ $8.96 Million |
Rs141.98 Million ≈ $1.54 Million |
0.171x | -23.59% |
| 2024-03-31 | Rs796.61 Million ≈ $8.62 Million |
Rs178.75 Million ≈ $1.93 Million |
0.224x | +2041.17% |
| 2023-03-31 | Rs675.80 Million ≈ $7.31 Million |
Rs7.08 Million ≈ $76.59K |
0.010x | -51.18% |
| 2022-03-31 | Rs676.99 Million ≈ $7.32 Million |
Rs14.53 Million ≈ $157.15K |
0.021x | +1.12% |
| 2021-03-31 | Rs727.52 Million ≈ $7.87 Million |
Rs15.44 Million ≈ $167.01K |
0.021x | -85.15% |
| 2020-03-31 | Rs692.12 Million ≈ $7.49 Million |
Rs98.96 Million ≈ $1.07 Million |
0.143x | -39.53% |
| 2019-03-31 | Rs668.01 Million ≈ $7.22 Million |
Rs157.96 Million ≈ $1.71 Million |
0.236x | +610.00% |
| 2018-03-31 | Rs607.84 Million ≈ $6.57 Million |
Rs-28.18 Million ≈ $-304.78K |
-0.046x | +46.11% |
| 2017-03-31 | Rs576.16 Million ≈ $6.23 Million |
Rs-49.57 Million ≈ $-536.04K |
-0.086x | -12.95% |
| 2016-03-31 | Rs334.72 Million ≈ $3.62 Million |
Rs-25.49 Million ≈ $-275.71K |
-0.076x | +27.21% |
| 2015-03-31 | Rs280.55 Million ≈ $3.03 Million |
Rs-29.36 Million ≈ $-317.50K |
-0.105x | -143.91% |
| 2014-03-31 | Rs238.71 Million ≈ $2.58 Million |
Rs56.88 Million ≈ $615.19K |
0.238x | +82.28% |
| 2013-03-31 | Rs199.81 Million ≈ $2.16 Million |
Rs26.12 Million ≈ $282.50K |
0.131x | +105.38% |
| 2012-03-31 | Rs187.67 Million ≈ $2.03 Million |
Rs11.95 Million ≈ $129.19K |
0.064x | -- |
About Nitiraj Engineers Limited
Nitiraj Engineers Limited manufactures and sells various electronic weighing scales, currency counting machines, and taxi fare meters for industrial and domestic sectors in India and internationally. The company operates through Electronic Weighing Scales & Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales. It offers jewelry, table… Read more