IndoStar Capital Finance Limited (INDOSTAR) — Working Capital to Net Assets Ratio
IndoStar Capital Finance Limited (INDOSTAR) has a Working Capital to Net Assets ratio of 7.9% as of March 2026. Working capital of Rs3.00 Billion (current assets of Rs3.10 Billion minus current liabilities of Rs106.60 Million) is measured against net assets of Rs37.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See INDOSTAR FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IndoStar Capital Finance Limited Working Capital to Net Assets (2013–2026)
This chart shows how IndoStar Capital Finance Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 7.9%, reflecting working capital of Rs3.00 Billion against net assets of Rs37.83 Billion INR. See INDOSTAR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for IndoStar Capital Finance Limited (2013–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for IndoStar Capital Finance Limited from 2013 to 2026, covering 14 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 IndoStar Capital Finance Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 7.9% | Rs3.00 Billion | Rs37.83 Billion | Rs3.10 Billion | Rs106.60 Million | ▲ +7.3 pp |
| 2025 | 0.6% | Rs233.32 Million | Rs36.35 Billion | Rs64.26 Billion | Rs64.02 Billion | ▼ -13.0 pp |
| 2024 | 13.7% | Rs4.43 Billion | Rs32.35 Billion | Rs37.19 Billion | Rs32.76 Billion | ▼ -211.0 pp |
| 2023 | 224.7% | Rs69.93 Billion | Rs31.12 Billion | Rs70.01 Billion | Rs79.40 Million | ▲ +286.1 pp |
| 2022 | -61.4% | Rs-17.98 Billion | Rs29.29 Billion | Rs19.09 Billion | Rs37.07 Billion | ▼ -63.0 pp |
| 2021 | 1.6% | Rs608.01 Million | Rs36.98 Billion | Rs34.55 Billion | Rs33.95 Billion | ▼ -17.4 pp |
| 2020 | 19.1% | Rs5.12 Billion | Rs26.81 Billion | Rs32.18 Billion | Rs27.06 Billion | ▲ +116.1 pp |
| 2019 | -97.0% | Rs-29.17 Billion | Rs30.06 Billion | Rs37.87 Billion | Rs67.04 Billion | ▼ -32.3 pp |
| 2018 | -64.8% | Rs-13.44 Billion | Rs20.75 Billion | Rs12.72 Billion | Rs26.16 Billion | ▼ -55.6 pp |
| 2017 | -9.1% | Rs-1.74 Billion | Rs19.03 Billion | Rs14.67 Billion | Rs16.41 Billion | ▼ -22.9 pp |
| 2016 | 13.8% | Rs2.12 Billion | Rs15.42 Billion | Rs15.80 Billion | Rs13.68 Billion | ▼ -19.1 pp |
| 2015 | 32.8% | Rs4.22 Billion | Rs12.85 Billion | Rs14.89 Billion | Rs10.67 Billion | ▲ +17.1 pp |
| 2014 | 15.7% | Rs1.79 Billion | Rs11.36 Billion | Rs9.44 Billion | Rs7.65 Billion | ▼ -9.2 pp |
| 2013 | 24.9% | Rs2.55 Billion | Rs10.25 Billion | Rs2.82 Billion | Rs266.43 Million | — |