Devyani International Limited (DEVYANI) — Working Capital to Net Assets Ratio
Devyani International Limited (DEVYANI) has a Working Capital to Net Assets ratio of -38.7% as of September 2025. Working capital of Rs-7.58 Billion (current assets of Rs5.07 Billion minus current liabilities of Rs12.65 Billion) is measured against net assets of Rs19.58 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See DEVYANI FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Devyani International Limited Working Capital to Net Assets (2017–2025)
This chart shows how Devyani International Limited's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of September 2025, the ratio stands at -38.7%, reflecting working capital of Rs-7.58 Billion against net assets of Rs19.58 Billion INR. See Devyani International Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Devyani International Limited (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Devyani International Limited from 2017 to 2025, covering 9 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 Devyani International Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -45.6% | Rs-6.39 Billion | Rs14.02 Billion | Rs4.74 Billion | Rs11.13 Billion | ▼ -14.0 pp |
| 2024 | -31.5% | Rs-4.25 Billion | Rs13.49 Billion | Rs4.86 Billion | Rs9.11 Billion | ▼ -8.4 pp |
| 2023 | -23.1% | Rs-2.23 Billion | Rs9.64 Billion | Rs3.10 Billion | Rs5.32 Billion | ▼ -10.7 pp |
| 2022 | -12.3% | Rs-840.69 Million | Rs6.82 Billion | Rs3.36 Billion | Rs4.20 Billion | ▲ +344.1 pp |
| 2021 | -356.5% | Rs-2.56 Billion | Rs718.58 Million | Rs1.65 Billion | Rs4.21 Billion | ▼ -644.4 pp |
| 2020 | 288.0% | Rs-6.32 Billion | Rs-2.20 Billion | Rs1.46 Billion | Rs7.78 Billion | ▼ -132.3 pp |
| 2019 | 420.2% | Rs-3.67 Billion | Rs-873.68 Million | Rs1.42 Billion | Rs5.09 Billion | ▲ +566.9 pp |
| 2018 | -146.7% | Rs-1.55 Billion | Rs1.06 Billion | Rs1.41 Billion | Rs2.96 Billion | ▲ +102.4 pp |
| 2017 | -249.2% | Rs-1.67 Billion | Rs668.85 Million | Rs1.09 Billion | Rs2.76 Billion | — |