The India Cements Limited (INDIACEM) — Working Capital to Net Assets Ratio
The India Cements Limited (INDIACEM) has a Working Capital to Net Assets ratio of 0.1% as of March 2026. Working capital of Rs87.50 Million (current assets of Rs15.84 Billion minus current liabilities of Rs15.76 Billion) is measured against net assets of Rs101.24 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See The India Cements Limited (INDIACEM) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The India Cements Limited Working Capital to Net Assets (2005–2026)
This chart shows how The India Cements Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 0.1%, reflecting working capital of Rs87.50 Million against net assets of Rs101.24 Billion INR. See The India Cements Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for The India Cements Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for The India Cements Limited from 2005 to 2026, covering 22 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 INDIACEM market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 0.1% | Rs87.50 Million | Rs101.24 Billion | Rs15.84 Billion | Rs15.76 Billion | ▼ -3.3 pp |
| 2025 | 3.4% | Rs3.42 Billion | Rs101.96 Billion | Rs15.92 Billion | Rs12.50 Billion | ▲ +3.5 pp |
| 2024 | -0.2% | Rs-98.71 Million | Rs55.99 Billion | Rs27.87 Billion | Rs27.97 Billion | ▼ -10.5 pp |
| 2023 | 10.3% | Rs6.00 Billion | Rs58.27 Billion | Rs34.27 Billion | Rs28.27 Billion | ▲ +13.4 pp |
| 2022 | -3.1% | Rs-1.89 Billion | Rs60.23 Billion | Rs25.42 Billion | Rs27.31 Billion | ▲ +9.7 pp |
| 2021 | -12.8% | Rs-7.41 Billion | Rs57.72 Billion | Rs18.38 Billion | Rs25.79 Billion | ▼ -3.9 pp |
| 2020 | -8.9% | Rs-4.95 Billion | Rs55.54 Billion | Rs23.82 Billion | Rs28.78 Billion | ▼ -5.6 pp |
| 2019 | -3.3% | Rs-1.77 Billion | Rs53.00 Billion | Rs23.31 Billion | Rs25.08 Billion | ▼ -4.0 pp |
| 2018 | 0.6% | Rs326.46 Million | Rs53.09 Billion | Rs19.68 Billion | Rs19.36 Billion | ▲ +9.8 pp |
| 2017 | -9.2% | Rs-4.81 Billion | Rs52.10 Billion | Rs19.41 Billion | Rs24.21 Billion | ▲ +12.1 pp |
| 2016 | -21.4% | Rs-7.39 Billion | Rs34.59 Billion | Rs18.12 Billion | Rs25.51 Billion | ▼ -3.6 pp |
| 2015 | -17.8% | Rs-6.05 Billion | Rs34.07 Billion | Rs17.54 Billion | Rs23.59 Billion | ▲ +8.0 pp |
| 2014 | -25.7% | Rs-9.51 Billion | Rs36.96 Billion | Rs16.68 Billion | Rs26.19 Billion | ▼ -2.4 pp |
| 2013 | -23.4% | Rs-9.38 Billion | Rs40.12 Billion | Rs15.76 Billion | Rs25.13 Billion | ▲ +3.9 pp |
| 2012 | -27.2% | Rs-10.78 Billion | Rs39.60 Billion | Rs13.11 Billion | Rs23.89 Billion | ▼ -2.2 pp |
| 2011 | -25.1% | Rs-10.01 Billion | Rs39.92 Billion | Rs12.11 Billion | Rs22.12 Billion | ▼ -34.0 pp |
| 2010 | 8.9% | Rs3.61 Billion | Rs40.47 Billion | Rs21.27 Billion | Rs17.66 Billion | ▼ -3.4 pp |
| 2009 | 12.3% | Rs4.37 Billion | Rs35.37 Billion | Rs18.54 Billion | Rs14.18 Billion | ▼ -9.7 pp |
| 2008 | 22.0% | Rs7.13 Billion | Rs32.33 Billion | Rs18.44 Billion | Rs11.31 Billion | ▼ -14.1 pp |
| 2007 | 36.2% | Rs7.66 Billion | Rs21.17 Billion | Rs14.13 Billion | Rs6.47 Billion | ▲ +2.3 pp |
| 2006 | 33.9% | Rs5.32 Billion | Rs15.69 Billion | Rs12.09 Billion | Rs6.77 Billion | ▲ +11.1 pp |
| 2005 | 22.8% | Rs2.51 Billion | Rs11.04 Billion | Rs10.67 Billion | Rs8.16 Billion | — |