India Nippon Electricals Limited (INDNIPPON) — Working Capital to Net Assets Ratio
India Nippon Electricals Limited (INDNIPPON) has a Working Capital to Net Assets ratio of 35.8% as of March 2026. Working capital of Rs2.94 Billion (current assets of Rs4.88 Billion minus current liabilities of Rs1.94 Billion) is measured against net assets of Rs8.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See INDNIPPON financial 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
India Nippon Electricals Limited Working Capital to Net Assets (2006–2026)
This chart shows how India Nippon Electricals 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 35.8%, reflecting working capital of Rs2.94 Billion against net assets of Rs8.21 Billion INR. See operational self-sufficiency of India Nippon Electricals Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for India Nippon Electricals Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for India Nippon Electricals 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 INDNIPPON stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 35.8% | Rs2.94 Billion | Rs8.21 Billion | Rs4.88 Billion | Rs1.94 Billion | ▲ +0.2 pp |
| 2025 | 35.6% | Rs2.53 Billion | Rs7.11 Billion | Rs4.37 Billion | Rs1.83 Billion | ▼ -5.7 pp |
| 2024 | 41.3% | Rs2.58 Billion | Rs6.23 Billion | Rs4.28 Billion | Rs1.70 Billion | ▼ -2.3 pp |
| 2023 | 43.6% | Rs2.44 Billion | Rs5.60 Billion | Rs3.66 Billion | Rs1.21 Billion | ▼ -5.1 pp |
| 2022 | 48.7% | Rs2.45 Billion | Rs5.04 Billion | Rs3.54 Billion | Rs1.09 Billion | ▲ +1.8 pp |
| 2021 | 46.9% | Rs2.11 Billion | Rs4.51 Billion | Rs3.36 Billion | Rs1.24 Billion | ▼ -4.4 pp |
| 2020 | 51.3% | Rs2.15 Billion | Rs4.20 Billion | Rs3.10 Billion | Rs951.12 Million | ▲ +2.6 pp |
| 2019 | 48.7% | Rs1.95 Billion | Rs4.00 Billion | Rs2.98 Billion | Rs1.03 Billion | ▲ +4.3 pp |
| 2018 | 44.4% | Rs1.52 Billion | Rs3.42 Billion | Rs2.52 Billion | Rs1.00 Billion | ▼ -4.5 pp |
| 2017 | 48.9% | Rs1.35 Billion | Rs2.75 Billion | Rs2.19 Billion | Rs843.46 Million | ▲ +0.1 pp |
| 2016 | 48.8% | Rs1.15 Billion | Rs2.35 Billion | Rs1.82 Billion | Rs676.43 Million | ▲ +1.4 pp |
| 2015 | 47.3% | Rs1.05 Billion | Rs2.23 Billion | Rs1.60 Billion | Rs544.71 Million | ▲ +1.4 pp |
| 2014 | 46.0% | Rs978.86 Million | Rs2.13 Billion | Rs1.49 Billion | Rs506.53 Million | ▲ +1.1 pp |
| 2013 | 44.9% | Rs916.96 Million | Rs2.04 Billion | Rs1.31 Billion | Rs396.74 Million | ▲ +0.6 pp |
| 2012 | 44.3% | Rs824.87 Million | Rs1.86 Billion | Rs1.24 Billion | Rs415.87 Million | ▲ +9.5 pp |
| 2011 | 34.7% | Rs581.01 Million | Rs1.67 Billion | Rs966.81 Million | Rs385.80 Million | ▲ +13.4 pp |
| 2010 | 21.4% | Rs328.17 Million | Rs1.53 Billion | Rs797.10 Million | Rs468.93 Million | ▼ -18.5 pp |
| 2009 | 39.9% | Rs564.69 Million | Rs1.41 Billion | Rs943.55 Million | Rs378.86 Million | ▲ +22.5 pp |
| 2008 | 17.4% | Rs234.10 Million | Rs1.35 Billion | Rs511.37 Million | Rs277.26 Million | ▼ -5.8 pp |
| 2007 | 23.2% | Rs294.85 Million | Rs1.27 Billion | Rs621.05 Million | Rs326.20 Million | ▲ +7.3 pp |
| 2006 | 15.9% | Rs184.98 Million | Rs1.17 Billion | Rs620.01 Million | Rs435.04 Million | — |