Paras Defence and Space Technologies Limited Cash Flow Conversion Efficiency

Latest as of September 2025: -0.021x

Paras Defence and Space Technologies Limited cash flow conversion efficiency. Based on the latest financial reports, Paras Defence and Space Technologies Limited (PARAS) has a cash flow conversion efficiency ratio of -0.021x 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-140.90 Million ≈ $-1.52 Million USD) by net assets (Rs6.67 Billion ≈ $72.10 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Paras Defence and Space Technologies Limited (2016–2026)

Cash flow conversion efficiency of Paras Defence and Space Technologies Limited from 2016 to 2026. This chart illustrates how Paras Defence and Space Technologies Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View PARAS share price today for real-time trading data and today's change.

Paras Defence and Space Technologies Limited Cash Flow Conversion Ratio Explained

Paras Defence and Space Technologies Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Paras Defence and Space Technologies Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Paras Defence and Space Technologies Limited ranked by their cash flow conversion efficiency. Also see Paras Defence and Space Technologies Lim market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Inhibrx Biosciences, Inc. NASDAQ:INBX	1.808x
AS LHV GROUP EO -10 F:ASU0	-1.381x
Sdiptech AB (publ) ST:SDIP-B	0.029x
Integra LifeSciences Holdings NASDAQ:IART	0.009x
Meren Energy ST:MER	0.166x
Harrow Health Inc NASDAQ:HROW	-0.657x
Sino Wealth Electronic Ltd SHE:300327	0.034x
Shanxi Sanwei Group Co Ltd SHE:000755	0.066x

Annual Cash Flow Conversion Efficiency for Paras Defence and Space Technologies Limited (2016–2026)

The table below shows the annual cash flow conversion efficiency of Paras Defence and Space Technologies Limited from 2016 to 2026. Review PARAS free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs7.25 Billion ≈ $78.43 Million	Rs284.60 Million ≈ $3.08 Million	0.039x	-44.26%
2025-03-31	Rs6.37 Billion ≈ $68.85 Million	Rs448.20 Million ≈ $4.85 Million	0.070x	+168.50%
2024-03-31	Rs4.43 Billion ≈ $47.94 Million	Rs-455.60 Million ≈ $-4.93 Million	-0.103x	-185.85%
2023-03-31	Rs4.13 Billion ≈ $44.71 Million	Rs495.00 Million ≈ $5.35 Million	0.120x	+293.71%
2022-03-31	Rs3.79 Billion ≈ $40.94 Million	Rs115.11 Million ≈ $1.24 Million	0.030x	+46.69%
2021-03-31	Rs2.07 Billion ≈ $22.35 Million	Rs42.85 Million ≈ $463.41K	0.021x	+237.63%
2020-03-31	Rs1.73 Billion ≈ $18.67 Million	Rs-26.00 Million ≈ $-281.18K	-0.015x	+80.96%
2019-03-31	Rs1.52 Billion ≈ $16.48 Million	Rs-120.52 Million ≈ $-1.30 Million	-0.079x	-129.10%
2018-03-31	Rs1.24 Billion ≈ $13.39 Million	Rs336.61 Million ≈ $3.64 Million	0.272x	+59.04%
2017-03-31	Rs984.16 Million ≈ $10.64 Million	Rs168.21 Million ≈ $1.82 Million	0.171x	+159.27%
2016-03-31	Rs254.65 Million ≈ $2.75 Million	Rs-73.43 Million ≈ $-794.09K	-0.288x	--

About Paras Defence and Space Technologies Limited

NSE:PARAS India Aerospace & Defense

Market Cap

$1.06 Billion

Rs97.85 Billion INR

Market Cap Rank

#8349 Global

#412 in India

Share Price

Rs1214.20

Change (1 day)

-2.84%

52-Week Range

Rs584.60 - Rs1527.30

All Time High

Rs1799.50