IFGL Refractories Limited (IFGLEXPOR) — Working Capital to Net Assets Ratio
IFGL Refractories Limited (IFGLEXPOR) has a Working Capital to Net Assets ratio of 48.2% as of September 2025. Working capital of Rs5.49 Billion (current assets of Rs10.62 Billion minus current liabilities of Rs5.13 Billion) is measured against net assets of Rs11.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IFGL Refractories Limited (IFGLEXPOR) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IFGL Refractories Limited Working Capital to Net Assets (2006–2025)
This chart shows how IFGL Refractories Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 48.2%, reflecting working capital of Rs5.49 Billion against net assets of Rs11.38 Billion INR. Check IFGL Refractories Limited (IFGLEXPOR) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for IFGL Refractories Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for IFGL Refractories Limited from 2006 to 2025, 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 IFGLEXPOR stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 48.3% | Rs5.35 Billion | Rs11.07 Billion | Rs9.51 Billion | Rs4.16 Billion | ▼ -0.7 pp |
| 2024 | 49.0% | Rs5.25 Billion | Rs10.72 Billion | Rs8.38 Billion | Rs3.13 Billion | ▼ -3.5 pp |
| 2023 | 52.4% | Rs5.27 Billion | Rs10.05 Billion | Rs8.36 Billion | Rs3.09 Billion | ▼ -3.2 pp |
| 2022 | 55.6% | Rs5.20 Billion | Rs9.34 Billion | Rs8.05 Billion | Rs2.85 Billion | ▼ -0.7 pp |
| 2021 | 56.3% | Rs5.02 Billion | Rs8.90 Billion | Rs7.27 Billion | Rs2.26 Billion | ▲ +8.8 pp |
| 2020 | 47.6% | Rs3.85 Billion | Rs8.09 Billion | Rs5.69 Billion | Rs1.84 Billion | ▲ +6.2 pp |
| 2019 | 41.4% | Rs3.29 Billion | Rs7.95 Billion | Rs5.33 Billion | Rs2.04 Billion | ▲ +3.8 pp |
| 2018 | 37.6% | Rs2.83 Billion | Rs7.52 Billion | Rs5.06 Billion | Rs2.23 Billion | ▲ +7.0 pp |
| 2017 | 30.6% | Rs2.10 Billion | Rs6.84 Billion | Rs4.02 Billion | Rs1.92 Billion | ▼ -10.7 pp |
| 2016 | 41.3% | Rs1.65 Billion | Rs4.00 Billion | Rs3.34 Billion | Rs1.69 Billion | ▲ +1.9 pp |
| 2015 | 39.4% | Rs1.40 Billion | Rs3.54 Billion | Rs3.41 Billion | Rs2.01 Billion | ▲ +2.2 pp |
| 2014 | 37.2% | Rs1.26 Billion | Rs3.38 Billion | Rs3.13 Billion | Rs1.87 Billion | ▲ +5.7 pp |
| 2013 | 31.5% | Rs797.70 Million | Rs2.53 Billion | Rs2.46 Billion | Rs1.66 Billion | ▼ -0.1 pp |
| 2012 | 31.6% | Rs701.42 Million | Rs2.22 Billion | Rs2.26 Billion | Rs1.56 Billion | ▼ -39.0 pp |
| 2011 | 70.6% | Rs1.24 Billion | Rs1.76 Billion | Rs2.05 Billion | Rs808.82 Million | ▼ -7.5 pp |
| 2010 | 78.2% | Rs1.07 Billion | Rs1.37 Billion | Rs1.74 Billion | Rs667.81 Million | ▼ -11.0 pp |
| 2009 | 89.1% | Rs1.01 Billion | Rs1.14 Billion | Rs1.36 Billion | Rs347.61 Million | ▼ -20.7 pp |
| 2008 | 109.8% | Rs1.06 Billion | Rs968.69 Million | Rs1.70 Billion | Rs640.40 Million | ▼ -12.8 pp |
| 2007 | 122.6% | Rs961.72 Million | Rs784.40 Million | Rs1.49 Billion | Rs526.90 Million | ▲ +10.7 pp |
| 2006 | 111.9% | Rs661.51 Million | Rs590.99 Million | Rs1.25 Billion | Rs588.23 Million | — |