Dwarikesh Sugar Industries Limited (DWARKESH) — Working Capital to Net Assets Ratio
Dwarikesh Sugar Industries Limited (DWARKESH) has a Working Capital to Net Assets ratio of 52.4% as of March 2026. Working capital of Rs4.34 Billion (current assets of Rs7.60 Billion minus current liabilities of Rs3.26 Billion) is measured against net assets of Rs8.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See DWARKESH defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Dwarikesh Sugar Industries Limited Working Capital to Net Assets (2006–2026)
This chart shows how Dwarikesh Sugar Industries Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 52.4%, reflecting working capital of Rs4.34 Billion against net assets of Rs8.29 Billion INR. For the complete balance sheet picture, see balance sheet size of Dwarikesh Sugar Industries Limited.
Annual Working Capital to Net Assets for Dwarikesh Sugar Industries Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Dwarikesh Sugar Industries Limited from 2006 to 2026, 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. Check Dwarikesh Sugar Industries Limited 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 | 52.4% | Rs4.34 Billion | Rs8.29 Billion | Rs7.60 Billion | Rs3.26 Billion | ▼ -0.8 pp |
| 2025 | 53.2% | Rs4.29 Billion | Rs8.06 Billion | Rs9.06 Billion | Rs4.77 Billion | ▼ -0.5 pp |
| 2024 | 53.8% | Rs4.42 Billion | Rs8.22 Billion | Rs8.25 Billion | Rs3.83 Billion | ▲ +1.4 pp |
| 2023 | 52.4% | Rs3.87 Billion | Rs7.40 Billion | Rs6.86 Billion | Rs2.98 Billion | ▲ +4.1 pp |
| 2022 | 48.3% | Rs3.25 Billion | Rs6.73 Billion | Rs8.47 Billion | Rs5.22 Billion | ▼ -1.1 pp |
| 2021 | 49.4% | Rs2.86 Billion | Rs5.79 Billion | Rs9.82 Billion | Rs6.96 Billion | ▲ +9.7 pp |
| 2020 | 39.7% | Rs1.92 Billion | Rs4.84 Billion | Rs10.99 Billion | Rs9.07 Billion | ▼ -6.3 pp |
| 2019 | 46.0% | Rs2.13 Billion | Rs4.64 Billion | Rs9.50 Billion | Rs7.36 Billion | ▲ +30.7 pp |
| 2018 | 15.3% | Rs560.63 Million | Rs3.66 Billion | Rs6.09 Billion | Rs5.53 Billion | ▼ -11.8 pp |
| 2017 | 27.1% | Rs857.21 Million | Rs3.17 Billion | Rs6.70 Billion | Rs5.84 Billion | ▲ +38.4 pp |
| 2016 | -11.3% | Rs-132.12 Million | Rs1.17 Billion | Rs6.17 Billion | Rs6.30 Billion | ▲ +105.8 pp |
| 2015 | -117.0% | Rs-1.22 Billion | Rs1.04 Billion | Rs5.70 Billion | Rs6.91 Billion | ▲ +4.9 pp |
| 2014 | -122.0% | Rs-1.40 Billion | Rs1.15 Billion | Rs1.92 Billion | Rs3.32 Billion | ▲ +21.0 pp |
| 2013 | -142.9% | Rs-1.72 Billion | Rs1.21 Billion | Rs1.98 Billion | Rs3.71 Billion | ▼ -76.3 pp |
| 2012 | -66.6% | Rs-898.96 Million | Rs1.35 Billion | Rs2.70 Billion | Rs3.60 Billion | ▼ -144.8 pp |
| 2011 | 78.2% | Rs1.07 Billion | Rs1.36 Billion | Rs1.56 Billion | Rs497.48 Million | ▲ +18.0 pp |
| 2010 | 60.2% | Rs899.44 Million | Rs1.49 Billion | Rs1.83 Billion | Rs930.60 Million | ▲ +16.7 pp |
| 2009 | 43.5% | Rs689.19 Million | Rs1.58 Billion | Rs1.28 Billion | Rs592.76 Million | ▼ -65.4 pp |
| 2008 | 108.9% | Rs1.52 Billion | Rs1.39 Billion | Rs2.29 Billion | Rs772.70 Million | ▲ +79.2 pp |
| 2007 | 29.8% | Rs468.27 Million | Rs1.57 Billion | Rs1.73 Billion | Rs1.26 Billion | ▲ +32.3 pp |
| 2006 | -2.5% | Rs-37.99 Million | Rs1.53 Billion | Rs602.25 Million | Rs640.24 Million | — |