Indus Towers Limited (INDUSTOWER) — Working Capital to Net Assets Ratio
Indus Towers Limited (INDUSTOWER) has a Working Capital to Net Assets ratio of 19.0% as of June 2026. Working capital of Rs78.70 Billion (current assets of Rs171.79 Billion minus current liabilities of Rs93.09 Billion) is measured against net assets of Rs413.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Indus Towers Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indus Towers Limited Working Capital to Net Assets (2008–2026)
This chart shows how Indus Towers Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2008 to 2026. As of June 2026, the ratio stands at 19.0%, reflecting working capital of Rs78.70 Billion against net assets of Rs413.83 Billion INR. For the complete balance sheet picture, see Indus Towers Limited (INDUSTOWER) total assets.
Annual Working Capital to Net Assets for Indus Towers Limited (2008–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indus Towers 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. Check INDUSTOWER asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 16.4% | Rs65.15 Billion | Rs396.46 Billion | Rs155.18 Billion | Rs90.03 Billion | ▲ +6.8 pp |
| 2025 | 9.7% | Rs31.43 Billion | Rs324.98 Billion | Rs129.30 Billion | Rs97.87 Billion | ▲ +8.4 pp |
| 2024 | 1.2% | Rs3.33 Billion | Rs270.39 Billion | Rs104.90 Billion | Rs101.56 Billion | ▼ -1.3 pp |
| 2023 | 2.6% | Rs5.45 Billion | Rs211.09 Billion | Rs87.08 Billion | Rs81.63 Billion | ▼ -13.1 pp |
| 2022 | 15.7% | Rs34.84 Billion | Rs221.50 Billion | Rs123.11 Billion | Rs88.27 Billion | ▲ +42.9 pp |
| 2021 | -27.2% | Rs-43.21 Billion | Rs158.77 Billion | Rs96.30 Billion | Rs139.51 Billion | ▼ -35.6 pp |
| 2020 | 8.4% | Rs11.39 Billion | Rs135.42 Billion | Rs53.49 Billion | Rs42.10 Billion | ▼ -8.8 pp |
| 2019 | 17.2% | Rs25.05 Billion | Rs145.32 Billion | Rs42.80 Billion | Rs17.75 Billion | ▼ -16.9 pp |
| 2018 | 34.2% | Rs57.96 Billion | Rs169.64 Billion | Rs76.12 Billion | Rs18.16 Billion | ▲ +32.1 pp |
| 2017 | 2.0% | Rs3.17 Billion | Rs154.99 Billion | Rs47.12 Billion | Rs43.95 Billion | ▼ -10.8 pp |
| 2016 | 12.9% | Rs23.65 Billion | Rs183.48 Billion | Rs62.24 Billion | Rs38.60 Billion | ▲ +9.0 pp |
| 2015 | 3.9% | Rs6.66 Billion | Rs170.20 Billion | Rs57.35 Billion | Rs50.69 Billion | ▼ -3.7 pp |
| 2014 | 7.7% | Rs13.81 Billion | Rs180.38 Billion | Rs55.96 Billion | Rs42.15 Billion | ▼ -18.7 pp |
| 2013 | 26.4% | Rs45.33 Billion | Rs171.93 Billion | Rs86.05 Billion | Rs40.72 Billion | ▲ +21.2 pp |
| 2012 | 5.2% | Rs7.54 Billion | Rs145.24 Billion | Rs42.14 Billion | Rs34.60 Billion | ▲ +0.9 pp |
| 2011 | 4.3% | Rs6.01 Billion | Rs139.95 Billion | Rs33.10 Billion | Rs27.09 Billion | ▼ -1.1 pp |
| 2010 | 5.4% | Rs7.40 Billion | Rs136.28 Billion | Rs32.48 Billion | Rs25.08 Billion | ▲ +44.3 pp |
| 2009 | -38.9% | Rs-40.27 Billion | Rs103.52 Billion | Rs28.06 Billion | Rs68.33 Billion | ▼ -57.1 pp |
| 2008 | 18.2% | Rs18.67 Billion | Rs102.55 Billion | Rs38.01 Billion | Rs19.34 Billion | — |