Blue Dart Express Limited (BLUEDART) — Working Capital to Net Assets Ratio
Blue Dart Express Limited (BLUEDART) has a Working Capital to Net Assets ratio of 14.0% as of September 2025. Working capital of Rs2.29 Billion (current assets of Rs15.81 Billion minus current liabilities of Rs13.52 Billion) is measured against net assets of Rs16.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Blue Dart Express Limited balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Blue Dart Express Limited Working Capital to Net Assets (2004–2025)
This chart shows how Blue Dart Express Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at 14.0%, reflecting working capital of Rs2.29 Billion against net assets of Rs16.31 Billion INR. Check how tangible is Blue Dart Express Limited's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Blue Dart Express Limited (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Blue Dart Express Limited from 2004 to 2025, covering 22 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 BLUEDART market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 11.9% | Rs1.86 Billion | Rs15.59 Billion | Rs15.03 Billion | Rs13.18 Billion | ▲ +26.9 pp |
| 2024 | -15.0% | Rs-2.05 Billion | Rs13.67 Billion | Rs12.86 Billion | Rs14.91 Billion | ▼ -10.3 pp |
| 2023 | -4.7% | Rs-555.10 Million | Rs11.80 Billion | Rs10.60 Billion | Rs11.16 Billion | ▲ +17.8 pp |
| 2022 | -22.5% | Rs-1.96 Billion | Rs8.72 Billion | Rs10.76 Billion | Rs12.73 Billion | ▲ +13.0 pp |
| 2021 | -35.5% | Rs-2.10 Billion | Rs5.92 Billion | Rs10.80 Billion | Rs12.91 Billion | ▲ +9.8 pp |
| 2020 | -45.3% | Rs-2.22 Billion | Rs4.91 Billion | Rs7.21 Billion | Rs9.44 Billion | ▼ -58.5 pp |
| 2019 | 13.2% | Rs765.10 Million | Rs5.78 Billion | Rs8.63 Billion | Rs7.87 Billion | ▼ -5.3 pp |
| 2018 | 18.5% | Rs984.10 Million | Rs5.32 Billion | Rs7.40 Billion | Rs6.41 Billion | ▼ -9.6 pp |
| 2017 | 28.1% | Rs1.21 Billion | Rs4.29 Billion | Rs7.37 Billion | Rs6.17 Billion | ▼ -47.9 pp |
| 2016 | 76.0% | Rs2.90 Billion | Rs3.82 Billion | Rs6.80 Billion | Rs3.90 Billion | ▲ +6.6 pp |
| 2015 | 69.4% | Rs2.13 Billion | Rs3.07 Billion | Rs5.37 Billion | Rs3.24 Billion | ▲ +42.6 pp |
| 2014 | 26.9% | Rs1.73 Billion | Rs6.43 Billion | Rs4.43 Billion | Rs2.70 Billion | ▲ +3.7 pp |
| 2013 | 23.2% | Rs1.59 Billion | Rs6.84 Billion | Rs5.25 Billion | Rs3.66 Billion | ▼ -25.5 pp |
| 2012 | 48.7% | Rs3.23 Billion | Rs6.64 Billion | Rs4.85 Billion | Rs1.62 Billion | ▲ +49.6 pp |
| 2011 | -0.9% | Rs-51.25 Million | Rs5.45 Billion | Rs2.77 Billion | Rs2.82 Billion | ▼ -40.6 pp |
| 2010 | 39.6% | Rs1.80 Billion | Rs4.53 Billion | Rs2.85 Billion | Rs1.05 Billion | ▼ -0.5 pp |
| 2009 | 40.1% | Rs1.58 Billion | Rs3.95 Billion | Rs2.57 Billion | Rs981.64 Million | ▲ +5.8 pp |
| 2008 | 34.3% | Rs1.10 Billion | Rs3.20 Billion | Rs2.03 Billion | Rs932.28 Million | ▲ +1.7 pp |
| 2007 | 32.6% | Rs819.40 Million | Rs2.51 Billion | Rs1.51 Billion | Rs695.22 Million | ▼ -0.5 pp |
| 2006 | 33.1% | Rs671.23 Million | Rs2.03 Billion | Rs1.19 Billion | Rs519.11 Million | ▲ +6.3 pp |
| 2005 | 26.8% | Rs434.80 Million | Rs1.62 Billion | Rs990.79 Million | Rs556.00 Million | ▲ +20.2 pp |
| 2004 | 6.6% | Rs85.01 Million | Rs1.29 Billion | Rs998.36 Million | Rs913.34 Million | — |