Hi-Tech Pipes Limited (HITECH) — Working Capital to Net Assets Ratio
Hi-Tech Pipes Limited (HITECH) has a Working Capital to Net Assets ratio of 45.6% as of September 2025. Working capital of Rs5.92 Billion (current assets of Rs11.36 Billion minus current liabilities of Rs5.44 Billion) is measured against net assets of Rs12.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Hi-Tech Pipes Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hi-Tech Pipes Limited Working Capital to Net Assets (2013–2025)
This chart shows how Hi-Tech Pipes Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 45.6%, reflecting working capital of Rs5.92 Billion against net assets of Rs12.99 Billion INR. Check Hi-Tech Pipes Limited (HITECH) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hi-Tech Pipes Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hi-Tech Pipes Limited from 2013 to 2025, covering 13 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 Hi-Tech Pipes Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 48.2% | Rs6.06 Billion | Rs12.57 Billion | Rs10.44 Billion | Rs4.38 Billion | ▲ +4.9 pp |
| 2024 | 43.3% | Rs2.50 Billion | Rs5.76 Billion | Rs7.16 Billion | Rs4.66 Billion | ▲ +1.8 pp |
| 2023 | 41.5% | Rs1.73 Billion | Rs4.18 Billion | Rs5.51 Billion | Rs3.78 Billion | ▼ -15.3 pp |
| 2022 | 56.8% | Rs1.47 Billion | Rs2.59 Billion | Rs4.90 Billion | Rs3.43 Billion | ▲ +9.8 pp |
| 2021 | 47.0% | Rs964.57 Million | Rs2.05 Billion | Rs3.57 Billion | Rs2.61 Billion | ▲ +8.3 pp |
| 2020 | 38.7% | Rs672.34 Million | Rs1.74 Billion | Rs3.59 Billion | Rs2.92 Billion | ▲ +1.9 pp |
| 2019 | 36.9% | Rs541.26 Million | Rs1.47 Billion | Rs3.28 Billion | Rs2.74 Billion | ▼ -5.3 pp |
| 2018 | 42.2% | Rs479.52 Million | Rs1.14 Billion | Rs2.99 Billion | Rs2.51 Billion | ▼ -15.8 pp |
| 2017 | 58.0% | Rs444.07 Million | Rs765.29 Million | Rs2.64 Billion | Rs2.19 Billion | ▼ -9.6 pp |
| 2016 | 67.6% | Rs448.62 Million | Rs663.21 Million | Rs2.13 Billion | Rs1.68 Billion | ▲ +23.7 pp |
| 2015 | 43.9% | Rs208.37 Million | Rs474.52 Million | Rs1.62 Billion | Rs1.42 Billion | ▼ -3.4 pp |
| 2014 | 47.3% | Rs172.23 Million | Rs363.73 Million | Rs1.87 Billion | Rs1.70 Billion | ▲ +12.3 pp |
| 2013 | 35.1% | Rs106.74 Million | Rs304.33 Million | Rs1.56 Billion | Rs1.45 Billion | — |