Gandhi Special Tubes Limited (GANDHITUBE) — Working Capital to Net Assets Ratio
Gandhi Special Tubes Limited (GANDHITUBE) has a Working Capital to Net Assets ratio of 23.9% as of March 2026. Working capital of Rs755.03 Million (current assets of Rs902.66 Million minus current liabilities of Rs147.63 Million) is measured against net assets of Rs3.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GANDHITUBE free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gandhi Special Tubes Limited Working Capital to Net Assets (2006–2026)
This chart shows how Gandhi Special Tubes 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 23.9%, reflecting working capital of Rs755.03 Million against net assets of Rs3.16 Billion INR. See Gandhi Special Tubes Limited (GANDHITUBE) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Gandhi Special Tubes Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gandhi Special Tubes 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. For live market cap and the full company profile, see Gandhi Special Tubes Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 23.9% | Rs755.03 Million | Rs3.16 Billion | Rs902.66 Million | Rs147.63 Million | ▼ -1.5 pp |
| 2025 | 25.4% | Rs673.71 Million | Rs2.66 Billion | Rs772.59 Million | Rs98.88 Million | ▼ -1.7 pp |
| 2024 | 27.1% | Rs602.85 Million | Rs2.23 Billion | Rs706.98 Million | Rs104.12 Million | ▼ -19.2 pp |
| 2023 | 46.3% | Rs842.45 Million | Rs1.82 Billion | Rs955.41 Million | Rs112.96 Million | ▼ -1.8 pp |
| 2022 | 48.1% | Rs707.50 Million | Rs1.47 Billion | Rs804.03 Million | Rs96.53 Million | ▼ -14.4 pp |
| 2021 | 62.5% | Rs1.07 Billion | Rs1.72 Billion | Rs1.18 Billion | Rs109.11 Million | ▲ +14.8 pp |
| 2020 | 47.6% | Rs697.91 Million | Rs1.47 Billion | Rs747.15 Million | Rs49.24 Million | ▲ +3.4 pp |
| 2019 | 44.2% | Rs888.49 Million | Rs2.01 Billion | Rs970.11 Million | Rs81.62 Million | ▲ +12.4 pp |
| 2018 | 31.8% | Rs563.63 Million | Rs1.77 Billion | Rs653.98 Million | Rs90.35 Million | ▲ +1.7 pp |
| 2017 | 30.1% | Rs538.76 Million | Rs1.79 Billion | Rs594.29 Million | Rs55.53 Million | ▼ -1.7 pp |
| 2016 | 31.7% | Rs524.96 Million | Rs1.65 Billion | Rs570.90 Million | Rs45.94 Million | ▲ +3.0 pp |
| 2015 | 28.8% | Rs460.43 Million | Rs1.60 Billion | Rs500.63 Million | Rs40.20 Million | ▼ -9.1 pp |
| 2014 | 37.8% | Rs596.15 Million | Rs1.58 Billion | Rs652.73 Million | Rs56.58 Million | ▲ +0.0 pp |
| 2013 | 37.8% | Rs569.69 Million | Rs1.51 Billion | Rs632.27 Million | Rs62.58 Million | ▲ +2.9 pp |
| 2012 | 34.9% | Rs484.65 Million | Rs1.39 Billion | Rs548.62 Million | Rs63.97 Million | ▲ +6.8 pp |
| 2011 | 28.2% | Rs335.80 Million | Rs1.19 Billion | Rs405.13 Million | Rs69.33 Million | ▼ -4.3 pp |
| 2010 | 32.4% | Rs329.26 Million | Rs1.02 Billion | Rs389.85 Million | Rs60.59 Million | ▲ +2.6 pp |
| 2009 | 29.8% | Rs252.93 Million | Rs847.80 Million | Rs313.96 Million | Rs61.02 Million | ▼ -3.1 pp |
| 2008 | 32.9% | Rs241.02 Million | Rs731.51 Million | Rs297.32 Million | Rs56.30 Million | ▲ +0.1 pp |
| 2007 | 32.9% | Rs192.58 Million | Rs586.06 Million | Rs243.27 Million | Rs50.69 Million | ▼ -3.5 pp |
| 2006 | 36.3% | Rs178.38 Million | Rs490.87 Million | Rs236.66 Million | Rs58.27 Million | — |