Ajanta Pharma Limited (AJANTPHARM) — Working Capital to Net Assets Ratio
Ajanta Pharma Limited (AJANTPHARM) has a Working Capital to Net Assets ratio of 51.8% as of September 2025. Working capital of Rs22.34 Billion (current assets of Rs33.94 Billion minus current liabilities of Rs11.60 Billion) is measured against net assets of Rs43.15 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See AJANTPHARM net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ajanta Pharma Limited Working Capital to Net Assets (2005–2025)
This chart shows how Ajanta Pharma Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 51.8%, reflecting working capital of Rs22.34 Billion against net assets of Rs43.15 Billion INR. Check AJANTPHARM tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ajanta Pharma Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ajanta Pharma Limited from 2005 to 2025, 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 market cap of Ajanta Pharma Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 48.7% | Rs18.47 Billion | Rs37.90 Billion | Rs28.43 Billion | Rs9.96 Billion | ▼ -2.7 pp |
| 2024 | 51.4% | Rs18.35 Billion | Rs35.67 Billion | Rs27.31 Billion | Rs8.96 Billion | ▲ +1.4 pp |
| 2023 | 50.0% | Rs16.95 Billion | Rs33.88 Billion | Rs28.34 Billion | Rs11.39 Billion | ▲ +0.5 pp |
| 2022 | 49.5% | Rs16.17 Billion | Rs32.64 Billion | Rs22.64 Billion | Rs6.47 Billion | ▲ +3.5 pp |
| 2021 | 46.0% | Rs13.79 Billion | Rs29.96 Billion | Rs20.28 Billion | Rs6.49 Billion | ▲ +6.2 pp |
| 2020 | 39.8% | Rs10.36 Billion | Rs25.99 Billion | Rs16.42 Billion | Rs6.06 Billion | ▲ +4.1 pp |
| 2019 | 35.8% | Rs8.04 Billion | Rs22.45 Billion | Rs11.81 Billion | Rs3.78 Billion | ▼ -7.2 pp |
| 2018 | 43.0% | Rs8.78 Billion | Rs20.41 Billion | Rs12.24 Billion | Rs3.46 Billion | ▲ +3.2 pp |
| 2017 | 39.8% | Rs6.23 Billion | Rs15.68 Billion | Rs8.47 Billion | Rs2.23 Billion | ▼ -2.3 pp |
| 2016 | 42.0% | Rs4.92 Billion | Rs11.72 Billion | Rs7.64 Billion | Rs2.71 Billion | ▼ -3.6 pp |
| 2015 | 45.6% | Rs3.84 Billion | Rs8.41 Billion | Rs6.33 Billion | Rs2.50 Billion | ▲ +4.4 pp |
| 2014 | 41.2% | Rs2.45 Billion | Rs5.93 Billion | Rs5.20 Billion | Rs2.75 Billion | ▲ +3.9 pp |
| 2013 | 37.3% | Rs1.47 Billion | Rs3.93 Billion | Rs3.69 Billion | Rs2.22 Billion | ▲ +7.3 pp |
| 2012 | 30.0% | Rs894.85 Million | Rs2.98 Billion | Rs3.40 Billion | Rs2.50 Billion | ▼ -53.3 pp |
| 2011 | 83.3% | Rs1.91 Billion | Rs2.29 Billion | Rs2.82 Billion | Rs917.85 Million | ▼ -21.7 pp |
| 2010 | 105.0% | Rs1.94 Billion | Rs1.85 Billion | Rs2.71 Billion | Rs769.37 Million | ▼ -26.1 pp |
| 2009 | 131.1% | Rs2.06 Billion | Rs1.57 Billion | Rs2.61 Billion | Rs549.74 Million | ▲ +4.1 pp |
| 2008 | 127.0% | Rs1.72 Billion | Rs1.35 Billion | Rs2.23 Billion | Rs512.09 Million | ▲ +6.3 pp |
| 2007 | 120.7% | Rs1.39 Billion | Rs1.16 Billion | Rs1.76 Billion | Rs363.63 Million | ▲ +8.2 pp |
| 2006 | 112.5% | Rs1.22 Billion | Rs1.09 Billion | Rs1.56 Billion | Rs338.79 Million | ▼ -0.2 pp |
| 2005 | 112.7% | Rs1.10 Billion | Rs978.24 Million | Rs1.32 Billion | Rs221.29 Million | — |