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 March 2026. Working capital of Rs5.66 Billion (current assets of Rs9.89 Billion minus current liabilities of Rs4.23 Billion) is measured against net assets of Rs11.75 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IFGL Refractories Limited (IFGLEXPOR) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IFGL Refractories Limited Working Capital to Net Assets (2006–2026)
This chart shows how IFGL Refractories Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 48.2%, reflecting working capital of Rs5.66 Billion against net assets of Rs11.75 Billion INR. See operational self-sufficiency of IFGL Refractories Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for IFGL Refractories Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for IFGL Refractories Limited from 2006 to 2026, covering 21 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 market value of IFGL Refractories Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 48.2% | Rs5.66 Billion | Rs11.75 Billion | Rs9.89 Billion | Rs4.23 Billion | ▼ -0.1 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 | — |