Bajaj Auto Limited (BAJAJ-AUTO) — Working Capital to Net Assets Ratio
Bajaj Auto Limited (BAJAJ-AUTO) has a Working Capital to Net Assets ratio of 36.4% as of March 2026. Working capital of Rs146.39 Billion (current assets of Rs339.77 Billion minus current liabilities of Rs193.38 Billion) is measured against net assets of Rs402.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Bajaj Auto Limited (BAJAJ-AUTO) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bajaj Auto Limited Working Capital to Net Assets (2004–2026)
This chart shows how Bajaj Auto Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 36.4%, reflecting working capital of Rs146.39 Billion against net assets of Rs402.46 Billion INR. For the complete balance sheet picture, see BAJAJ-AUTO current and non-current assets.
Annual Working Capital to Net Assets for Bajaj Auto Limited (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bajaj Auto Limited from 2004 to 2026, covering 23 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 BAJAJ-AUTO 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 | 36.4% | Rs146.39 Billion | Rs402.46 Billion | Rs339.77 Billion | Rs193.38 Billion | ▲ +14.0 pp |
| 2025 | 22.3% | Rs78.62 Billion | Rs352.17 Billion | Rs194.46 Billion | Rs115.84 Billion | ▲ +13.0 pp |
| 2024 | 9.3% | Rs27.07 Billion | Rs289.62 Billion | Rs117.98 Billion | Rs90.91 Billion | ▼ -5.6 pp |
| 2023 | 14.9% | Rs43.80 Billion | Rs293.62 Billion | Rs96.50 Billion | Rs52.71 Billion | ▼ -4.1 pp |
| 2022 | 19.0% | Rs56.77 Billion | Rs298.60 Billion | Rs103.66 Billion | Rs46.88 Billion | ▼ -12.3 pp |
| 2021 | 31.3% | Rs85.44 Billion | Rs272.73 Billion | Rs141.88 Billion | Rs56.44 Billion | ▲ +20.4 pp |
| 2020 | 10.9% | Rs23.63 Billion | Rs216.62 Billion | Rs66.16 Billion | Rs42.53 Billion | ▲ +1.4 pp |
| 2019 | 9.5% | Rs21.99 Billion | Rs232.34 Billion | Rs70.73 Billion | Rs48.74 Billion | ▼ -15.7 pp |
| 2018 | 25.2% | Rs51.39 Billion | Rs204.25 Billion | Rs92.51 Billion | Rs41.11 Billion | ▼ -9.9 pp |
| 2017 | 35.0% | Rs62.56 Billion | Rs178.57 Billion | Rs94.69 Billion | Rs32.13 Billion | ▲ +22.2 pp |
| 2016 | 12.8% | Rs16.73 Billion | Rs130.45 Billion | Rs46.26 Billion | Rs29.53 Billion | ▼ -33.1 pp |
| 2015 | 45.9% | Rs50.90 Billion | Rs110.95 Billion | Rs95.67 Billion | Rs44.77 Billion | ▲ +37.1 pp |
| 2014 | 8.8% | Rs8.94 Billion | Rs101.67 Billion | Rs56.24 Billion | Rs47.31 Billion | ▼ -16.2 pp |
| 2013 | 25.0% | Rs20.16 Billion | Rs80.65 Billion | Rs61.82 Billion | Rs41.66 Billion | ▲ +16.1 pp |
| 2012 | 8.9% | Rs5.40 Billion | Rs60.82 Billion | Rs52.04 Billion | Rs46.64 Billion | ▲ +31.0 pp |
| 2011 | -22.1% | Rs-10.62 Billion | Rs48.08 Billion | Rs29.05 Billion | Rs39.67 Billion | ▲ +24.0 pp |
| 2010 | -46.1% | Rs-12.53 Billion | Rs27.17 Billion | Rs30.28 Billion | Rs42.81 Billion | ▼ -47.6 pp |
| 2009 | 1.5% | Rs271.20 Million | Rs18.13 Billion | Rs24.85 Billion | Rs24.58 Billion | ▲ +14.8 pp |
| 2008 | -13.3% | Rs-2.16 Billion | Rs16.24 Billion | Rs16.68 Billion | Rs18.84 Billion | ▲ +13.9 pp |
| 2007 | -27.2% | Rs-17.34 Billion | Rs63.71 Billion | Rs47.11 Billion | Rs64.45 Billion | ▼ -4.3 pp |
| 2006 | -22.9% | Rs-12.26 Billion | Rs53.50 Billion | Rs35.04 Billion | Rs47.30 Billion | ▼ -7.7 pp |
| 2005 | -15.2% | Rs-6.76 Billion | Rs44.47 Billion | Rs28.34 Billion | Rs35.11 Billion | ▼ -3.7 pp |
| 2004 | -11.5% | Rs-4.45 Billion | Rs38.75 Billion | Rs21.84 Billion | Rs26.30 Billion | — |