S. P. Apparels Limited (SPAL) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.141x

Based on the latest financial reports, S. P. Apparels Limited (SPAL) has a cash flow conversion efficiency ratio of 0.141x 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 (Rs1.26 Billion ≈ $13.63 Million USD) by net assets (Rs8.92 Billion ≈ $96.47 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 SPAL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

S. P. Apparels Limited - Cash Flow Conversion Efficiency Trend (2011–2025)

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

S. P. Apparels Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of S. P. Apparels Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
First Insurance Co Ltd TW:2852	0.007x
Erdene Resource Development Corp TO:ERD	-0.018x
Kcc Glass Corp KO:344820	-0.004x
Guangdong Redwall New Materials Co Ltd SHE:002809	0.003x
Outbrain Inc NASDAQ:OB	0.184x
Funkwerk AG F:FEW	-0.023x
Integrated Wind Solutions AS OL:IWS	0.055x
GOLDGROUP MINING INC. F:55G0	0.068x

Annual Cash Flow Conversion Efficiency for S. P. Apparels Limited (2011–2025)

The table below shows the annual cash flow conversion efficiency of S. P. Apparels Limited from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see SPAL company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs8.50 Billion ≈ $91.92 Million	Rs444.18 Million ≈ $4.80 Million	0.052x	-50.04%
2024-03-31	Rs7.57 Billion ≈ $81.89 Million	Rs792.04 Million ≈ $8.57 Million	0.105x	-67.69%
2023-03-31	Rs6.67 Billion ≈ $72.15 Million	Rs2.16 Billion ≈ $23.36 Million	0.324x	+660.02%
2022-03-31	Rs6.31 Billion ≈ $68.27 Million	Rs268.93 Million ≈ $2.91 Million	0.043x	-70.79%
2021-03-31	Rs5.52 Billion ≈ $59.69 Million	Rs805.04 Million ≈ $8.71 Million	0.146x	-8.86%
2020-03-31	Rs5.17 Billion ≈ $55.89 Million	Rs827.06 Million ≈ $8.94 Million	0.160x	-7.19%
2019-03-31	Rs4.77 Billion ≈ $51.64 Million	Rs823.33 Million ≈ $8.90 Million	0.172x	+5875.52%
2018-03-31	Rs3.91 Billion ≈ $42.27 Million	Rs-11.67 Million ≈ $-126.21K	-0.003x	-102.34%
2017-03-31	Rs3.83 Billion ≈ $41.43 Million	Rs488.85 Million ≈ $5.29 Million	0.128x	-66.83%
2016-03-31	Rs1.27 Billion ≈ $13.71 Million	Rs487.81 Million ≈ $5.28 Million	0.385x	-47.78%
2015-03-31	Rs1.13 Billion ≈ $12.27 Million	Rs835.91 Million ≈ $9.04 Million	0.737x	+13.37%
2014-03-31	Rs894.08 Million ≈ $9.67 Million	Rs580.97 Million ≈ $6.28 Million	0.650x	-37.53%
2013-03-31	Rs757.01 Million ≈ $8.19 Million	Rs787.40 Million ≈ $8.52 Million	1.040x	+981.18%
2012-03-31	Rs736.70 Million ≈ $7.97 Million	Rs-86.96 Million ≈ $-940.44K	-0.118x	-39.04%
2011-03-31	Rs440.77 Million ≈ $4.77 Million	Rs-37.42 Million ≈ $-404.68K	-0.085x	--

About S. P. Apparels Limited

NSE:SPAL India Apparel Manufacturing

Market Cap

$249.92 Million

Rs23.11 Billion INR

Market Cap Rank

#15737 Global

#800 in India

Share Price

Rs920.95

Change (1 day)

+10.83%

52-Week Range

Rs608.85 - Rs920.95

All Time High

Rs1073.20