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 equity financing ratio to measure how much of total assets are equity-financed.
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. Check tangible net worth ratio of Kalyani Forge Limited to evaluate the tangible quality of the company's equity base.
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 KALYANIFRG stock market capitalisation.
| 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 | — |