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 48.9% as of March 2026. Working capital of Rs6.52 Billion (current assets of Rs12.11 Billion minus current liabilities of Rs5.59 Billion) is measured against net assets of Rs13.33 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Hi-Tech Pipes Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hi-Tech Pipes Limited Working Capital to Net Assets (2013–2026)
This chart shows how Hi-Tech Pipes Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 48.9%, reflecting working capital of Rs6.52 Billion against net assets of Rs13.33 Billion INR. See HITECH days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hi-Tech Pipes Limited (2013–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hi-Tech Pipes Limited from 2013 to 2026, covering 14 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 how much is Hi-Tech Pipes Limited worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 48.9% | Rs6.52 Billion | Rs13.33 Billion | Rs12.11 Billion | Rs5.59 Billion | ▲ +0.7 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 | — |