Hinduja Global Solutions Limited (HGS) — Working Capital to Net Assets Ratio
Hinduja Global Solutions Limited (HGS) has a Working Capital to Net Assets ratio of 66.5% as of March 2026. Working capital of Rs56.12 Billion (current assets of Rs80.10 Billion minus current liabilities of Rs23.98 Billion) is measured against net assets of Rs84.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See HGS financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hinduja Global Solutions Limited Working Capital to Net Assets (2007–2026)
This chart shows how Hinduja Global Solutions Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2007 to 2026. As of March 2026, the ratio stands at 66.5%, reflecting working capital of Rs56.12 Billion against net assets of Rs84.36 Billion INR. See defensive interval ratio of Hinduja Global Solutions Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hinduja Global Solutions Limited (2007–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hinduja Global Solutions Limited from 2007 to 2026, covering 20 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 Hinduja Global Solutions Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 66.5% | Rs56.12 Billion | Rs84.36 Billion | Rs80.10 Billion | Rs23.98 Billion | ▲ +1.0 pp |
| 2025 | 65.5% | Rs51.44 Billion | Rs78.55 Billion | Rs74.70 Billion | Rs23.26 Billion | ▲ +17.7 pp |
| 2024 | 47.8% | Rs36.49 Billion | Rs76.42 Billion | Rs63.96 Billion | Rs27.47 Billion | ▲ +11.3 pp |
| 2023 | 36.5% | Rs31.72 Billion | Rs87.02 Billion | Rs50.79 Billion | Rs19.07 Billion | ▼ -5.5 pp |
| 2022 | 42.0% | Rs34.54 Billion | Rs82.30 Billion | Rs61.99 Billion | Rs27.45 Billion | ▼ -21.9 pp |
| 2021 | 63.8% | Rs13.31 Billion | Rs20.85 Billion | Rs25.08 Billion | Rs11.77 Billion | ▲ +8.4 pp |
| 2020 | 55.4% | Rs9.59 Billion | Rs17.32 Billion | Rs20.53 Billion | Rs10.94 Billion | ▲ +6.6 pp |
| 2019 | 48.8% | Rs8.05 Billion | Rs16.51 Billion | Rs16.18 Billion | Rs8.13 Billion | ▲ +14.1 pp |
| 2018 | 34.6% | Rs5.26 Billion | Rs15.19 Billion | Rs13.80 Billion | Rs8.54 Billion | ▼ -3.5 pp |
| 2017 | 38.1% | Rs5.09 Billion | Rs13.37 Billion | Rs12.08 Billion | Rs6.98 Billion | ▼ -12.0 pp |
| 2016 | 50.1% | Rs5.95 Billion | Rs11.88 Billion | Rs12.74 Billion | Rs6.79 Billion | ▼ -12.9 pp |
| 2015 | 63.0% | Rs6.77 Billion | Rs10.74 Billion | Rs11.00 Billion | Rs4.24 Billion | ▲ +15.1 pp |
| 2014 | 47.9% | Rs6.95 Billion | Rs14.52 Billion | Rs11.88 Billion | Rs4.93 Billion | ▲ +3.4 pp |
| 2013 | 44.5% | Rs5.49 Billion | Rs12.35 Billion | Rs9.95 Billion | Rs4.46 Billion | ▼ -1.2 pp |
| 2012 | 45.7% | Rs5.20 Billion | Rs11.38 Billion | Rs11.37 Billion | Rs6.17 Billion | ▼ -20.6 pp |
| 2011 | 66.2% | Rs6.61 Billion | Rs9.99 Billion | Rs8.92 Billion | Rs2.30 Billion | ▼ -16.0 pp |
| 2010 | 82.2% | Rs7.80 Billion | Rs9.49 Billion | Rs9.04 Billion | Rs1.24 Billion | ▲ +2.6 pp |
| 2009 | 79.6% | Rs76.03K | Rs95.51K | Rs88.79K | Rs12.75K | ▲ +1.4 pp |
| 2008 | 78.2% | Rs57.64K | Rs73.68K | Rs67.17K | Rs9.53K | ▲ +13.6 pp |
| 2007 | 64.6% | Rs44.44K | Rs68.74K | Rs77.70K | Rs33.26K | — |