Adani Power Limited (ADANIPOWER) — Working Capital to Net Assets Ratio
Adani Power Limited (ADANIPOWER) has a Working Capital to Net Assets ratio of 12.6% as of March 2026. Working capital of Rs83.60 Billion (current assets of Rs286.88 Billion minus current liabilities of Rs203.28 Billion) is measured against net assets of Rs664.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Adani Power Limited (ADANIPOWER) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Adani Power Limited Working Capital to Net Assets (2006–2026)
This chart shows how Adani Power Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 12.6%, reflecting working capital of Rs83.60 Billion against net assets of Rs664.02 Billion INR. Check ADANIPOWER tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Adani Power Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Adani Power Limited from 2006 to 2026, covering 21 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. For live market cap and the full company profile, see Adani Power Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 12.6% | Rs83.60 Billion | Rs664.02 Billion | Rs286.88 Billion | Rs203.28 Billion | ▼ -4.6 pp |
| 2025 | 17.1% | Rs98.87 Billion | Rs576.73 Billion | Rs263.28 Billion | Rs164.41 Billion | ▼ -5.6 pp |
| 2024 | 22.7% | Rs97.98 Billion | Rs431.45 Billion | Rs255.87 Billion | Rs157.89 Billion | ▲ +16.7 pp |
| 2023 | 6.1% | Rs18.08 Billion | Rs298.76 Billion | Rs195.53 Billion | Rs177.45 Billion | ▲ +10.9 pp |
| 2022 | -4.9% | Rs-9.16 Billion | Rs187.03 Billion | Rs162.28 Billion | Rs171.44 Billion | ▲ +3.4 pp |
| 2021 | -8.3% | Rs-10.85 Billion | Rs131.13 Billion | Rs176.42 Billion | Rs187.27 Billion | ▲ +47.2 pp |
| 2020 | -55.5% | Rs-35.96 Billion | Rs64.80 Billion | Rs145.93 Billion | Rs181.89 Billion | ▲ +8.8 pp |
| 2019 | -64.3% | Rs-49.57 Billion | Rs77.12 Billion | Rs132.03 Billion | Rs181.60 Billion | ▲ +1528.2 pp |
| 2018 | -1592.5% | Rs-140.86 Billion | Rs8.85 Billion | Rs139.52 Billion | Rs280.38 Billion | ▼ -1188.1 pp |
| 2017 | -404.4% | Rs-121.31 Billion | Rs30.00 Billion | Rs135.31 Billion | Rs256.62 Billion | ▼ -275.3 pp |
| 2016 | -129.1% | Rs-95.25 Billion | Rs73.77 Billion | Rs162.61 Billion | Rs257.86 Billion | ▼ -2.5 pp |
| 2015 | -126.6% | Rs-72.49 Billion | Rs57.25 Billion | Rs101.92 Billion | Rs174.41 Billion | ▲ +44.3 pp |
| 2014 | -170.9% | Rs-111.85 Billion | Rs65.43 Billion | Rs71.04 Billion | Rs182.89 Billion | ▲ +78.5 pp |
| 2013 | -249.4% | Rs-107.10 Billion | Rs42.93 Billion | Rs50.53 Billion | Rs157.63 Billion | ▼ -138.1 pp |
| 2012 | -111.3% | Rs-73.48 Billion | Rs66.00 Billion | Rs59.90 Billion | Rs133.39 Billion | ▼ -100.0 pp |
| 2011 | -11.4% | Rs-7.80 Billion | Rs68.54 Billion | Rs25.41 Billion | Rs33.20 Billion | ▼ -26.8 pp |
| 2010 | 15.4% | Rs9.07 Billion | Rs58.80 Billion | Rs23.72 Billion | Rs14.65 Billion | ▼ -2.1 pp |
| 2009 | 17.5% | Rs4.14 Billion | Rs23.64 Billion | Rs9.75 Billion | Rs5.61 Billion | ▲ +22.2 pp |
| 2008 | -4.7% | Rs-671.00 Million | Rs14.41 Billion | Rs3.68 Billion | Rs4.35 Billion | ▲ +60.1 pp |
| 2007 | -64.7% | Rs-1.80 Billion | Rs2.78 Billion | Rs507.25 Million | Rs2.31 Billion | ▼ -50.6 pp |
| 2006 | -14.1% | Rs-15.23 Million | Rs107.87 Million | Rs13.38 Million | Rs28.61 Million | — |