Thermax Limited
Thermax Limited provides energy, environmental, and chemical solutions in India and internationally. It operates in Industrial Products, Industrial Infra, Green Solutions, and Chemical segments. The Industrial Products segment offers manufacturing, installation, sales and services related to boilers and heating equipment, absorption chillers/heat pumps, air pollution control equipment/ systems, w… Read more
Thermax Limited (THERMAX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.013x
Based on the latest financial reports, Thermax Limited (THERMAX) has a cash flow conversion efficiency ratio of 0.013x 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 (₹633.40 Million) by net assets (₹50.60 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Thermax Limited - Cash Flow Conversion Efficiency Trend (2005–2025)
This chart illustrates how Thermax Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Thermax Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thermax Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Toei Animation Co.Ltd
OTCGREY:TOEAF
|
N/A |
|
Guangdong Rongtai Industry Co Ltd
SHG:600589
|
-0.018x |
|
Batisoke Soke Cimento Sanayi TAS
IS:BSOKE
|
0.033x |
|
RTL Group S.A
PINK:RGLXF
|
0.009x |
|
STOKE THERAPEUT.DL-001
F:0GT
|
N/A |
|
Hoshizaki Corporation
PINK:HSHZY
|
0.011x |
|
Quidel Corporation
NASDAQ:QDEL
|
0.069x |
|
KEYMED BIOSCIENCES -0001
F:64Z
|
N/A |
Annual Cash Flow Conversion Efficiency for Thermax Limited (2005–2025)
The table below shows the annual cash flow conversion efficiency of Thermax Limited from 2005 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | ₹49.43 Billion | ₹10.43 Billion | 0.211x | +278.78% |
| 2024-03-31 | ₹44.40 Billion | ₹2.47 Billion | 0.056x | -53.09% |
| 2023-03-31 | ₹38.70 Billion | ₹4.60 Billion | 0.119x | +27.72% |
| 2022-03-31 | ₹34.92 Billion | ₹3.25 Billion | 0.093x | -60.71% |
| 2021-03-31 | ₹32.51 Billion | ₹7.69 Billion | 0.237x | +120.10% |
| 2020-03-31 | ₹30.28 Billion | ₹3.26 Billion | 0.108x | +380.81% |
| 2019-03-31 | ₹30.14 Billion | ₹-1.15 Billion | -0.038x | -119.48% |
| 2018-03-31 | ₹27.15 Billion | ₹5.34 Billion | 0.197x | +49.16% |
| 2017-03-31 | ₹25.39 Billion | ₹3.35 Billion | 0.132x | +28.08% |
| 2016-03-31 | ₹24.55 Billion | ₹2.53 Billion | 0.103x | -26.35% |
| 2015-03-31 | ₹22.24 Billion | ₹3.11 Billion | 0.140x | -5.30% |
| 2014-03-31 | ₹21.78 Billion | ₹3.21 Billion | 0.148x | +236.42% |
| 2013-03-31 | ₹19.79 Billion | ₹867.80 Million | 0.044x | -70.79% |
| 2012-03-31 | ₹17.41 Billion | ₹2.61 Billion | 0.150x | +54.30% |
| 2011-03-31 | ₹13.67 Billion | ₹1.33 Billion | 0.097x | -83.25% |
| 2010-03-31 | ₹10.88 Billion | ₹6.32 Billion | 0.581x | +267.22% |
| 2009-03-31 | ₹9.92 Billion | ₹1.57 Billion | 0.158x | -14.64% |
| 2008-03-31 | ₹7.60 Billion | ₹1.41 Billion | 0.185x | -69.00% |
| 2007-03-31 | ₹5.90 Billion | ₹3.53 Billion | 0.598x | +32.36% |
| 2006-03-31 | ₹4.59 Billion | ₹2.07 Billion | 0.452x | +91.84% |
| 2005-03-31 | ₹4.56 Billion | ₹1.07 Billion | 0.235x | -- |