Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) — Working Capital to Net Assets Ratio
Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has a Working Capital to Net Assets ratio of 53.7% as of March 2026. Working capital of Rs51.10 Billion (current assets of Rs61.51 Billion minus current liabilities of Rs10.41 Billion) is measured against net assets of Rs95.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gujarat Narmada Valley Fertilizers and C (GNFC) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gujarat Narmada Valley Fertilizers and Chemicals Limited Working Capital to Net Assets (2005–2026)
This chart shows how Gujarat Narmada Valley Fertilizers and Chemicals Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 53.7%, reflecting working capital of Rs51.10 Billion against net assets of Rs95.09 Billion INR. See Gujarat Narmada Valley Fertilizers and C defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Gujarat Narmada Valley Fertilizers and Chemicals Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gujarat Narmada Valley Fertilizers and Chemicals Limited from 2005 to 2026, covering 22 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 GNFC stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 53.7% | Rs51.10 Billion | Rs95.09 Billion | Rs61.51 Billion | Rs10.41 Billion | ▲ +4.6 pp |
| 2025 | 49.1% | Rs42.12 Billion | Rs85.75 Billion | Rs53.60 Billion | Rs11.48 Billion | ▲ +8.2 pp |
| 2024 | 40.9% | Rs34.00 Billion | Rs83.09 Billion | Rs44.82 Billion | Rs10.81 Billion | ▲ +1.6 pp |
| 2023 | 39.3% | Rs35.79 Billion | Rs91.05 Billion | Rs48.71 Billion | Rs12.92 Billion | ▼ -4.8 pp |
| 2022 | 44.1% | Rs35.26 Billion | Rs79.90 Billion | Rs48.94 Billion | Rs13.68 Billion | ▲ +3.4 pp |
| 2021 | 40.7% | Rs24.71 Billion | Rs60.68 Billion | Rs34.32 Billion | Rs9.61 Billion | ▲ +5.9 pp |
| 2020 | 34.9% | Rs18.48 Billion | Rs52.99 Billion | Rs36.48 Billion | Rs18.00 Billion | ▲ +5.9 pp |
| 2019 | 28.9% | Rs14.66 Billion | Rs50.65 Billion | Rs24.88 Billion | Rs10.22 Billion | ▲ +8.4 pp |
| 2018 | 20.5% | Rs9.26 Billion | Rs45.17 Billion | Rs21.07 Billion | Rs11.81 Billion | ▲ +11.4 pp |
| 2017 | 9.1% | Rs3.50 Billion | Rs38.55 Billion | Rs24.57 Billion | Rs21.07 Billion | ▲ +4.4 pp |
| 2016 | 4.7% | Rs1.57 Billion | Rs33.24 Billion | Rs29.42 Billion | Rs27.85 Billion | ▲ +0.5 pp |
| 2015 | 4.2% | Rs1.34 Billion | Rs31.54 Billion | Rs30.56 Billion | Rs29.22 Billion | ▲ +1.7 pp |
| 2014 | 2.6% | Rs755.76 Million | Rs29.46 Billion | Rs31.20 Billion | Rs30.45 Billion | ▲ +0.5 pp |
| 2013 | 2.1% | Rs558.80 Million | Rs27.17 Billion | Rs22.13 Billion | Rs21.57 Billion | ▼ -41.3 pp |
| 2012 | 43.4% | Rs10.88 Billion | Rs25.07 Billion | Rs31.73 Billion | Rs20.85 Billion | ▲ +38.7 pp |
| 2011 | 4.7% | Rs1.08 Billion | Rs23.00 Billion | Rs12.55 Billion | Rs11.47 Billion | ▼ -23.0 pp |
| 2010 | 27.7% | Rs5.76 Billion | Rs20.79 Billion | Rs9.99 Billion | Rs4.23 Billion | ▼ -15.3 pp |
| 2009 | 43.0% | Rs8.67 Billion | Rs20.14 Billion | Rs12.36 Billion | Rs3.69 Billion | ▼ -5.7 pp |
| 2008 | 48.7% | Rs8.99 Billion | Rs18.46 Billion | Rs13.88 Billion | Rs4.89 Billion | ▼ -6.7 pp |
| 2007 | 55.4% | Rs8.71 Billion | Rs15.71 Billion | Rs14.10 Billion | Rs5.40 Billion | ▲ +12.0 pp |
| 2006 | 43.5% | Rs5.12 Billion | Rs11.77 Billion | Rs8.85 Billion | Rs3.73 Billion | ▲ +39.0 pp |
| 2005 | 4.5% | Rs476.65 Million | Rs10.55 Billion | Rs11.61 Billion | Rs11.13 Billion | — |