Grand Foundry Limited (GFSTEELS) — Working Capital to Net Assets Ratio
Grand Foundry Limited (GFSTEELS) has a Working Capital to Net Assets ratio of -24.5% as of March 2026. Working capital of Rs13.39 Million (current assets of Rs133.67 Million minus current liabilities of Rs120.28 Million) is measured against net assets of Rs-54.53 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Grand Foundry Limited leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Grand Foundry Limited Working Capital to Net Assets (2010–2026)
This chart shows how Grand Foundry Limited's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2026. As of March 2026, the ratio stands at -24.5%, reflecting working capital of Rs13.39 Million against net assets of Rs-54.53 Million INR. See how many days can Grand Foundry Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Grand Foundry Limited (2010–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Grand Foundry Limited from 2010 to 2026, covering 16 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 market value of Grand Foundry Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -24.5% | Rs13.39 Million | Rs-54.53 Million | Rs133.67 Million | Rs120.28 Million | ▼ -124.5 pp |
| 2025 | 100.0% | Rs-56.35 Million | Rs-56.35 Million | Rs54.00K | Rs56.40 Million | ▲ +0.0 pp |
| 2024 | 100.0% | Rs-49.54 Million | Rs-49.54 Million | Rs286.00K | Rs49.83 Million | ▲ +0.0 pp |
| 2023 | 100.0% | Rs-43.89 Million | Rs-43.89 Million | Rs389.00K | Rs44.28 Million | ▼ -2.3 pp |
| 2022 | 102.3% | Rs-33.59 Million | Rs-32.83 Million | Rs7.25 Million | Rs40.84 Million | ▲ +22.1 pp |
| 2021 | 80.3% | Rs-24.42 Million | Rs-30.42 Million | Rs16.85 Million | Rs41.27 Million | ▼ -24.5 pp |
| 2020 | 104.8% | Rs-30.03 Million | Rs-28.66 Million | Rs24.60 Million | Rs54.63 Million | ▲ +73.8 pp |
| 2019 | 30.9% | Rs-27.30 Million | Rs-88.23 Million | Rs22.59 Million | Rs49.90 Million | ▲ +1.3 pp |
| 2018 | 29.7% | Rs-19.27 Million | Rs-64.92 Million | Rs44.00 Million | Rs63.28 Million | ▲ +46.1 pp |
| 2017 | -16.4% | Rs10.59 Million | Rs-64.42 Million | Rs56.98 Million | Rs46.40 Million | ▼ -48.9 pp |
| 2016 | 32.4% | Rs-22.99 Million | Rs-70.86 Million | Rs506.80K | Rs23.50 Million | ▲ +12.6 pp |
| 2015 | 19.8% | Rs-11.40 Million | Rs-57.50 Million | Rs1.65 Million | Rs13.04 Million | ▼ -3.7 pp |
| 2014 | 23.5% | Rs-8.06 Million | Rs-34.32 Million | Rs5.10 Million | Rs13.16 Million | ▲ +2.5 pp |
| 2012 | 20.9% | Rs-29.77 Million | Rs-142.14 Million | Rs6.75 Million | Rs36.52 Million | ▼ -1.3 pp |
| 2011 | 22.2% | Rs-30.35 Million | Rs-136.60 Million | Rs4.73 Million | Rs35.09 Million | ▲ +8.9 pp |
| 2010 | 13.3% | Rs-6.21 Million | Rs-46.72 Million | Rs33.42 Million | Rs39.63 Million | — |