Adani Energy Solutions Limited (ADANIENSOL) — Working Capital to Net Assets Ratio
Adani Energy Solutions Limited (ADANIENSOL) has a Working Capital to Net Assets ratio of 9.0% as of March 2026. Working capital of Rs23.79 Billion (current assets of Rs178.26 Billion minus current liabilities of Rs154.46 Billion) is measured against net assets of Rs265.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Adani Energy Solutions Limited fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Adani Energy Solutions Limited Working Capital to Net Assets (2015–2026)
This chart shows how Adani Energy Solutions Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2015 to 2026. As of March 2026, the ratio stands at 9.0%, reflecting working capital of Rs23.79 Billion against net assets of Rs265.26 Billion INR. For the complete balance sheet picture, see Adani Energy Solutions Limited asset portfolio.
Annual Working Capital to Net Assets for Adani Energy Solutions Limited (2015–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Adani Energy Solutions Limited from 2015 to 2026, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check ADANIENSOL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 9.0% | Rs23.79 Billion | Rs265.26 Billion | Rs178.26 Billion | Rs154.46 Billion | ▼ -7.0 pp |
| 2025 | 15.9% | Rs36.64 Billion | Rs230.11 Billion | Rs135.87 Billion | Rs99.23 Billion | ▲ +15.3 pp |
| 2024 | 0.6% | Rs839.10 Million | Rs137.03 Billion | Rs80.47 Billion | Rs79.63 Billion | ▲ +1.2 pp |
| 2023 | -0.6% | Rs-742.60 Million | Rs127.60 Billion | Rs69.43 Billion | Rs70.17 Billion | ▲ +11.3 pp |
| 2022 | -11.8% | Rs-13.03 Billion | Rs110.06 Billion | Rs43.54 Billion | Rs56.57 Billion | ▲ +6.7 pp |
| 2021 | -18.5% | Rs-18.57 Billion | Rs100.23 Billion | Rs45.60 Billion | Rs64.17 Billion | ▼ -50.5 pp |
| 2020 | 32.0% | Rs30.56 Billion | Rs95.61 Billion | Rs84.38 Billion | Rs53.82 Billion | ▲ +64.1 pp |
| 2019 | -32.2% | Rs-25.89 Billion | Rs80.43 Billion | Rs38.30 Billion | Rs64.18 Billion | ▼ -22.6 pp |
| 2018 | -9.5% | Rs-5.78 Billion | Rs60.56 Billion | Rs17.50 Billion | Rs23.28 Billion | ▲ +7.7 pp |
| 2017 | -17.2% | Rs-5.07 Billion | Rs29.47 Billion | Rs13.77 Billion | Rs18.84 Billion | ▲ +82.6 pp |
| 2016 | -99.8% | Rs-26.66 Billion | Rs26.71 Billion | Rs13.56 Billion | Rs40.21 Billion | ▲ +294.4 pp |
| 2015 | -394.2% | Rs-42.19 Billion | Rs10.70 Billion | Rs8.81 Billion | Rs51.00 Billion | — |