Hardwyn India Limited (HARDWYN) — Working Capital to Net Assets Ratio
Hardwyn India Limited (HARDWYN) has a Working Capital to Net Assets ratio of 13.9% as of September 2025. Working capital of Rs563.80 Million (current assets of Rs1.32 Billion minus current liabilities of Rs753.71 Million) is measured against net assets of Rs4.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See HARDWYN net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hardwyn India Limited Working Capital to Net Assets (2018–2025)
This chart shows how Hardwyn India Limited's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of September 2025, the ratio stands at 13.9%, reflecting working capital of Rs563.80 Million against net assets of Rs4.07 Billion INR. Check HARDWYN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hardwyn India Limited (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hardwyn India Limited from 2018 to 2025, covering 8 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 HARDWYN company net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 12.2% | Rs485.14 Million | Rs3.99 Billion | Rs1.15 Billion | Rs660.64 Million | ▲ +2.6 pp |
| 2024 | 9.6% | Rs370.37 Million | Rs3.87 Billion | Rs942.65 Million | Rs572.28 Million | ▲ +1.5 pp |
| 2023 | 8.0% | Rs302.38 Million | Rs3.77 Billion | Rs711.79 Million | Rs409.42 Million | ▼ -86.9 pp |
| 2022 | 94.9% | Rs145.64 Million | Rs153.47 Million | Rs562.52 Million | Rs416.88 Million | ▼ -3.3 pp |
| 2021 | 98.2% | Rs117.29 Million | Rs119.40 Million | Rs387.72 Million | Rs270.43 Million | ▼ -0.8 pp |
| 2020 | 99.1% | Rs103.04 Million | Rs104.03 Million | Rs128.58 Million | Rs25.54 Million | ▼ -0.1 pp |
| 2019 | 99.1% | Rs102.12 Million | Rs103.03 Million | Rs171.00 Million | Rs68.89 Million | ▼ -0.8 pp |
| 2018 | 99.9% | Rs70.67 Million | Rs70.73 Million | Rs93.07 Million | Rs22.40 Million | — |