Bharat Dynamics Limited (BDL) — Working Capital to Net Assets Ratio
Bharat Dynamics Limited (BDL) has a Working Capital to Net Assets ratio of 156.1% as of September 2025. Working capital of Rs65.85 Billion (current assets of Rs116.58 Billion minus current liabilities of Rs50.74 Billion) is measured against net assets of Rs42.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Bharat Dynamics Limited (BDL) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bharat Dynamics Limited Working Capital to Net Assets (2013–2025)
This chart shows how Bharat Dynamics Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 156.1%, reflecting working capital of Rs65.85 Billion against net assets of Rs42.17 Billion INR. Check BDL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Bharat Dynamics Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bharat Dynamics Limited from 2013 to 2025, covering 13 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 BDL market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 150.1% | Rs60.18 Billion | Rs40.09 Billion | Rs103.78 Billion | Rs43.60 Billion | ▼ -21.3 pp |
| 2024 | 171.4% | Rs62.33 Billion | Rs36.37 Billion | Rs92.39 Billion | Rs30.06 Billion | ▲ +3.4 pp |
| 2023 | 168.0% | Rs53.94 Billion | Rs32.11 Billion | Rs76.00 Billion | Rs22.06 Billion | ▲ +70.9 pp |
| 2022 | 97.1% | Rs29.42 Billion | Rs30.31 Billion | Rs55.23 Billion | Rs25.81 Billion | ▲ +8.5 pp |
| 2021 | 88.6% | Rs23.78 Billion | Rs26.85 Billion | Rs48.99 Billion | Rs25.21 Billion | ▲ +1.9 pp |
| 2020 | 86.7% | Rs22.59 Billion | Rs26.07 Billion | Rs45.74 Billion | Rs23.15 Billion | ▲ +25.4 pp |
| 2019 | 61.3% | Rs13.90 Billion | Rs22.69 Billion | Rs43.10 Billion | Rs29.19 Billion | ▲ +5.8 pp |
| 2018 | 55.5% | Rs10.86 Billion | Rs19.56 Billion | Rs53.18 Billion | Rs42.32 Billion | ▼ -17.2 pp |
| 2017 | 72.7% | Rs16.08 Billion | Rs22.12 Billion | Rs74.63 Billion | Rs58.55 Billion | ▼ -42.2 pp |
| 2016 | 114.9% | Rs21.27 Billion | Rs18.51 Billion | Rs86.45 Billion | Rs65.18 Billion | ▼ -53.1 pp |
| 2015 | 168.0% | Rs27.76 Billion | Rs16.53 Billion | Rs76.18 Billion | Rs48.42 Billion | ▲ +102.7 pp |
| 2014 | 65.3% | Rs8.33 Billion | Rs12.76 Billion | Rs77.58 Billion | Rs69.25 Billion | ▼ -4.0 pp |
| 2013 | 69.3% | Rs7.28 Billion | Rs10.51 Billion | Rs68.18 Billion | Rs60.90 Billion | — |