GHCL Limited (GHCL) — Working Capital to Net Assets Ratio
GHCL Limited (GHCL) has a Working Capital to Net Assets ratio of 41.7% as of March 2026. Working capital of Rs14.83 Billion (current assets of Rs19.21 Billion minus current liabilities of Rs4.38 Billion) is measured against net assets of Rs35.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GHCL 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
GHCL Limited Working Capital to Net Assets (2004–2026)
This chart shows how GHCL Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 41.7%, reflecting working capital of Rs14.83 Billion against net assets of Rs35.52 Billion INR. See GHCL Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for GHCL Limited (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for GHCL Limited from 2004 to 2026, covering 23 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 GHCL Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 41.7% | Rs14.83 Billion | Rs35.52 Billion | Rs19.21 Billion | Rs4.38 Billion | ▼ -3.7 pp |
| 2025 | 45.4% | Rs15.85 Billion | Rs34.89 Billion | Rs19.54 Billion | Rs3.68 Billion | ▼ -0.4 pp |
| 2024 | 45.8% | Rs13.66 Billion | Rs29.78 Billion | Rs17.79 Billion | Rs4.14 Billion | ▼ -16.9 pp |
| 2023 | 62.8% | Rs24.84 Billion | Rs39.56 Billion | Rs31.57 Billion | Rs6.73 Billion | ▲ +31.0 pp |
| 2022 | 31.8% | Rs9.81 Billion | Rs30.86 Billion | Rs21.71 Billion | Rs11.90 Billion | ▲ +13.2 pp |
| 2021 | 18.6% | Rs4.62 Billion | Rs24.84 Billion | Rs11.15 Billion | Rs6.53 Billion | ▲ +2.2 pp |
| 2020 | 16.4% | Rs3.53 Billion | Rs21.49 Billion | Rs12.92 Billion | Rs9.38 Billion | ▲ +9.7 pp |
| 2019 | 6.8% | Rs1.31 Billion | Rs19.25 Billion | Rs12.39 Billion | Rs11.08 Billion | ▲ +11.2 pp |
| 2018 | -4.4% | Rs-711.90 Million | Rs16.11 Billion | Rs10.01 Billion | Rs10.72 Billion | ▲ +9.7 pp |
| 2017 | -14.1% | Rs-1.90 Billion | Rs13.47 Billion | Rs10.27 Billion | Rs12.17 Billion | ▲ +12.4 pp |
| 2016 | -26.5% | Rs-2.61 Billion | Rs9.86 Billion | Rs8.21 Billion | Rs10.83 Billion | ▲ +2.2 pp |
| 2015 | -28.7% | Rs-2.21 Billion | Rs7.70 Billion | Rs8.95 Billion | Rs11.16 Billion | ▲ +17.2 pp |
| 2014 | -45.9% | Rs-2.69 Billion | Rs5.87 Billion | Rs11.02 Billion | Rs13.72 Billion | ▼ -10.6 pp |
| 2013 | -35.3% | Rs-2.00 Billion | Rs5.67 Billion | Rs9.55 Billion | Rs11.55 Billion | ▲ +46.5 pp |
| 2012 | -81.7% | Rs-3.94 Billion | Rs4.82 Billion | Rs8.32 Billion | Rs12.26 Billion | ▼ -146.7 pp |
| 2011 | 65.0% | Rs5.45 Billion | Rs8.38 Billion | Rs9.35 Billion | Rs3.90 Billion | ▲ +15.8 pp |
| 2010 | 49.2% | Rs4.73 Billion | Rs9.62 Billion | Rs8.30 Billion | Rs3.57 Billion | ▼ -2.7 pp |
| 2009 | 51.9% | Rs4.36 Billion | Rs8.39 Billion | Rs8.14 Billion | Rs3.78 Billion | ▼ -245.8 pp |
| 2008 | 297.7% | Rs9.37 Billion | Rs3.15 Billion | Rs13.91 Billion | Rs4.54 Billion | ▼ -75.9 pp |
| 2007 | 373.7% | Rs8.42 Billion | Rs2.25 Billion | Rs15.55 Billion | Rs7.12 Billion | ▲ +278.0 pp |
| 2006 | 95.7% | Rs2.92 Billion | Rs3.05 Billion | Rs6.15 Billion | Rs3.23 Billion | ▲ +47.9 pp |
| 2005 | 47.8% | Rs1.09 Billion | Rs2.29 Billion | Rs2.84 Billion | Rs1.75 Billion | ▲ +43.6 pp |
| 2004 | 4.1% | Rs91.22 Million | Rs2.20 Billion | Rs2.29 Billion | Rs2.20 Billion | — |