Bafna Pharmaceuticals Limited (BAFNAPH) — Working Capital to Net Assets Ratio
Bafna Pharmaceuticals Limited (BAFNAPH) has a Working Capital to Net Assets ratio of 35.4% as of September 2025. Working capital of Rs322.50 Million (current assets of Rs800.66 Million minus current liabilities of Rs478.16 Million) is measured against net assets of Rs912.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Bafna Pharmaceuticals Limited (BAFNAPH) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bafna Pharmaceuticals Limited Working Capital to Net Assets (2005–2025)
This chart shows how Bafna Pharmaceuticals 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 35.4%, reflecting working capital of Rs322.50 Million against net assets of Rs912.28 Million INR. Check Bafna Pharmaceuticals Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Bafna Pharmaceuticals Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bafna Pharmaceuticals 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 Bafna Pharmaceuticals Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.8% | Rs328.76 Million | Rs848.07 Million | Rs847.28 Million | Rs518.52 Million | ▼ -11.2 pp |
| 2024 | 50.0% | Rs403.87 Million | Rs808.39 Million | Rs944.70 Million | Rs540.83 Million | ▼ -5.6 pp |
| 2023 | 55.6% | Rs408.35 Million | Rs734.55 Million | Rs873.12 Million | Rs464.76 Million | ▲ +9.0 pp |
| 2022 | 46.6% | Rs288.67 Million | Rs619.64 Million | Rs508.80 Million | Rs220.13 Million | ▲ +1.9 pp |
| 2021 | 44.7% | Rs253.59 Million | Rs567.71 Million | Rs496.68 Million | Rs243.09 Million | ▲ +7.6 pp |
| 2020 | 37.1% | Rs189.96 Million | Rs511.95 Million | Rs360.96 Million | Rs171.00 Million | ▲ +155.7 pp |
| 2019 | -118.6% | Rs-223.52 Million | Rs188.52 Million | Rs484.69 Million | Rs708.21 Million | ▼ -88.7 pp |
| 2018 | -29.9% | Rs-111.08 Million | Rs372.02 Million | Rs487.39 Million | Rs598.47 Million | ▼ -19.7 pp |
| 2017 | -10.2% | Rs-42.87 Million | Rs421.12 Million | Rs771.84 Million | Rs814.72 Million | ▼ -57.5 pp |
| 2016 | 47.3% | Rs272.56 Million | Rs575.71 Million | Rs1.22 Billion | Rs950.45 Million | ▲ +25.3 pp |
| 2015 | 22.0% | Rs160.02 Million | Rs727.13 Million | Rs1.27 Billion | Rs1.11 Billion | ▼ -8.2 pp |
| 2014 | 30.2% | Rs210.48 Million | Rs697.48 Million | Rs1.56 Billion | Rs1.35 Billion | ▲ +3.0 pp |
| 2013 | 27.2% | Rs185.45 Million | Rs683.04 Million | Rs1.79 Billion | Rs1.60 Billion | ▲ +5.7 pp |
| 2012 | 21.5% | Rs138.76 Million | Rs646.17 Million | Rs1.37 Billion | Rs1.23 Billion | ▼ -52.3 pp |
| 2011 | 73.8% | Rs399.94 Million | Rs541.89 Million | Rs875.75 Million | Rs475.81 Million | ▼ -6.6 pp |
| 2010 | 80.4% | Rs329.77 Million | Rs410.05 Million | Rs440.98 Million | Rs111.21 Million | ▲ +42.1 pp |
| 2009 | 38.3% | Rs147.47 Million | Rs385.23 Million | Rs389.07 Million | Rs241.60 Million | ▲ +1.1 pp |
| 2008 | 37.2% | Rs44.08 Million | Rs118.55 Million | Rs187.71 Million | Rs143.63 Million | ▲ +28.1 pp |
| 2007 | 9.0% | Rs8.26 Million | Rs91.39 Million | Rs284.54 Million | Rs276.28 Million | ▼ -152.1 pp |
| 2006 | 161.1% | Rs91.48 Million | Rs56.78 Million | Rs133.58 Million | Rs42.10 Million | ▼ -15.9 pp |
| 2005 | 177.0% | Rs75.31 Million | Rs42.55 Million | Rs132.05 Million | Rs56.74 Million | — |