Kalyani Forge Limited (KALYANIFRG) — Working Capital to Net Assets Ratio
Kalyani Forge Limited (KALYANIFRG) has a Working Capital to Net Assets ratio of 40.6% as of September 2025. Working capital of Rs373.71 Million (current assets of Rs1.70 Billion minus current liabilities of Rs1.33 Billion) is measured against net assets of Rs920.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See KALYANIFRG 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
Kalyani Forge Limited Working Capital to Net Assets (2006–2025)
This chart shows how Kalyani Forge Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 40.6%, reflecting working capital of Rs373.71 Million against net assets of Rs920.17 Million INR. See Kalyani Forge Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kalyani Forge Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kalyani Forge Limited from 2006 to 2025, covering 20 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 Kalyani Forge Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 30.8% | Rs276.22 Million | Rs896.87 Million | Rs1.48 Billion | Rs1.21 Billion | ▼ -18.5 pp |
| 2024 | 49.3% | Rs404.15 Million | Rs820.07 Million | Rs1.36 Billion | Rs955.76 Million | ▲ +1.5 pp |
| 2023 | 47.8% | Rs371.12 Million | Rs777.02 Million | Rs1.32 Billion | Rs953.20 Million | ▼ -5.6 pp |
| 2022 | 53.3% | Rs548.88 Million | Rs1.03 Billion | Rs1.29 Billion | Rs739.57 Million | ▲ +8.8 pp |
| 2021 | 44.5% | Rs446.33 Million | Rs1.00 Billion | Rs1.21 Billion | Rs766.15 Million | ▲ +10.2 pp |
| 2020 | 34.3% | Rs350.63 Million | Rs1.02 Billion | Rs1.11 Billion | Rs757.51 Million | ▲ +0.6 pp |
| 2019 | 33.7% | Rs375.84 Million | Rs1.12 Billion | Rs1.43 Billion | Rs1.05 Billion | ▲ +5.3 pp |
| 2018 | 28.3% | Rs302.69 Million | Rs1.07 Billion | Rs1.37 Billion | Rs1.07 Billion | ▲ +15.4 pp |
| 2017 | 13.0% | Rs132.17 Million | Rs1.02 Billion | Rs1.29 Billion | Rs1.15 Billion | ▼ -16.5 pp |
| 2016 | 29.5% | Rs287.96 Million | Rs976.50 Million | Rs1.22 Billion | Rs933.03 Million | ▲ +4.4 pp |
| 2015 | 25.0% | Rs243.97 Million | Rs974.23 Million | Rs1.15 Billion | Rs909.68 Million | ▼ -0.6 pp |
| 2014 | 25.7% | Rs263.73 Million | Rs1.03 Billion | Rs1.08 Billion | Rs820.04 Million | ▼ -1.2 pp |
| 2013 | 26.9% | Rs266.45 Million | Rs990.70 Million | Rs1.09 Billion | Rs826.91 Million | ▲ +1.7 pp |
| 2012 | 25.2% | Rs230.24 Million | Rs913.07 Million | Rs1.20 Billion | Rs968.83 Million | ▼ -52.9 pp |
| 2011 | 78.2% | Rs617.11 Million | Rs789.51 Million | Rs1.14 Billion | Rs526.14 Million | ▲ +8.5 pp |
| 2010 | 69.6% | Rs510.66 Million | Rs733.50 Million | Rs939.40 Million | Rs428.74 Million | ▲ +7.3 pp |
| 2009 | 62.3% | Rs441.37 Million | Rs708.07 Million | Rs859.77 Million | Rs418.39 Million | ▼ -38.0 pp |
| 2008 | 100.3% | Rs717.88 Million | Rs715.69 Million | Rs1.16 Billion | Rs445.64 Million | ▲ +30.7 pp |
| 2007 | 69.6% | Rs448.63 Million | Rs644.29 Million | Rs744.17 Million | Rs295.54 Million | ▲ +25.4 pp |
| 2006 | 44.2% | Rs240.31 Million | Rs543.40 Million | Rs533.83 Million | Rs293.52 Million | — |