Indbank Merchant Banking Services Limited (INDBANK) — Working Capital to Net Assets Ratio
Indbank Merchant Banking Services Limited (INDBANK) has a Working Capital to Net Assets ratio of 93.8% as of March 2026. Working capital of Rs925.90 Million (current assets of Rs930.99 Million minus current liabilities of Rs5.09 Million) is measured against net assets of Rs987.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Indbank Merchant Banking Services Limite to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indbank Merchant Banking Services Limited Working Capital to Net Assets (2008–2026)
This chart shows how Indbank Merchant Banking Services Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2008 to 2026. As of March 2026, the ratio stands at 93.8%, reflecting working capital of Rs925.90 Million against net assets of Rs987.41 Million INR. See INDBANK days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Indbank Merchant Banking Services Limited (2008–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indbank Merchant Banking Services Limited from 2008 to 2026, covering 19 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 INDBANK company net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 93.8% | Rs925.90 Million | Rs987.41 Million | Rs930.99 Million | Rs5.09 Million | ▲ +10.7 pp |
| 2025 | 83.1% | Rs761.52 Million | Rs916.52 Million | Rs1.01 Billion | Rs247.15 Million | ▲ +12.7 pp |
| 2024 | 70.4% | Rs586.63 Million | Rs833.69 Million | Rs800.92 Million | Rs214.29 Million | ▲ +33.9 pp |
| 2023 | 36.5% | Rs271.81 Million | Rs745.05 Million | Rs485.97 Million | Rs214.16 Million | ▲ +14.3 pp |
| 2022 | 22.2% | Rs157.75 Million | Rs711.32 Million | Rs393.37 Million | Rs235.63 Million | ▼ -17.3 pp |
| 2021 | 39.4% | Rs253.49 Million | Rs642.81 Million | Rs452.54 Million | Rs199.05 Million | ▼ -3.1 pp |
| 2020 | 42.6% | Rs256.29 Million | Rs602.07 Million | Rs395.70 Million | Rs139.41 Million | ▼ -15.0 pp |
| 2019 | 57.6% | Rs335.19 Million | Rs582.34 Million | Rs428.34 Million | Rs93.15 Million | ▲ +20.7 pp |
| 2018 | 36.8% | Rs208.03 Million | Rs565.06 Million | Rs302.96 Million | Rs94.93 Million | ▼ -5.5 pp |
| 2017 | 42.3% | Rs229.88 Million | Rs543.56 Million | Rs339.37 Million | Rs109.48 Million | ▲ +14.6 pp |
| 2016 | 27.7% | Rs135.67 Million | Rs490.46 Million | Rs221.42 Million | Rs85.75 Million | ▼ -44.6 pp |
| 2015 | 72.2% | Rs334.29 Million | Rs462.91 Million | Rs396.27 Million | Rs61.98 Million | ▲ +6.7 pp |
| 2014 | 65.5% | Rs273.16 Million | Rs416.93 Million | Rs369.31 Million | Rs96.16 Million | ▲ +4.6 pp |
| 2013 | 60.9% | Rs252.10 Million | Rs413.93 Million | Rs308.10 Million | Rs56.00 Million | ▲ +1.2 pp |
| 2012 | 59.7% | Rs242.67 Million | Rs406.64 Million | Rs334.29 Million | Rs91.62 Million | ▲ +4.7 pp |
| 2011 | 55.0% | Rs223.09 Million | Rs405.52 Million | Rs295.81 Million | Rs72.71 Million | ▲ +9.4 pp |
| 2010 | 45.6% | Rs230.25 Million | Rs504.79 Million | Rs362.61 Million | Rs132.36 Million | ▲ +4.4 pp |
| 2009 | 41.2% | Rs214.92 Million | Rs521.31 Million | Rs323.64 Million | Rs108.72 Million | ▲ +25.2 pp |
| 2008 | 16.0% | Rs101.19 Million | Rs632.51 Million | Rs264.38 Million | Rs163.18 Million | — |