Madhav Marbles and Granites Limited (MADHAV) — Working Capital to Net Assets Ratio
Madhav Marbles and Granites Limited (MADHAV) has a Working Capital to Net Assets ratio of 34.1% as of September 2025. Working capital of Rs399.81 Million (current assets of Rs565.08 Million minus current liabilities of Rs165.27 Million) is measured against net assets of Rs1.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Madhav Marbles and Granites Limited to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Madhav Marbles and Granites Limited Working Capital to Net Assets (2006–2025)
This chart shows how Madhav Marbles and Granites Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 34.1%, reflecting working capital of Rs399.81 Million against net assets of Rs1.17 Billion INR. Check how tangible is Madhav Marbles and Granites Limited's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Madhav Marbles and Granites Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Madhav Marbles and Granites Limited from 2006 to 2025, 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. For live market cap and the full company profile, see market cap of Madhav Marbles and Granites Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 33.0% | Rs390.35 Million | Rs1.18 Billion | Rs546.55 Million | Rs156.20 Million | ▼ -3.3 pp |
| 2024 | 36.3% | Rs434.10 Million | Rs1.20 Billion | Rs618.49 Million | Rs184.38 Million | ▼ -3.1 pp |
| 2023 | 39.4% | Rs480.64 Million | Rs1.22 Billion | Rs628.64 Million | Rs148.00 Million | ▲ +3.7 pp |
| 2022 | 35.7% | Rs447.70 Million | Rs1.26 Billion | Rs601.92 Million | Rs154.22 Million | ▼ -6.6 pp |
| 2021 | 42.3% | Rs551.80 Million | Rs1.31 Billion | Rs709.39 Million | Rs157.59 Million | ▼ -9.5 pp |
| 2020 | 51.8% | Rs677.68 Million | Rs1.31 Billion | Rs850.69 Million | Rs173.01 Million | ▲ +11.9 pp |
| 2019 | 39.9% | Rs513.57 Million | Rs1.29 Billion | Rs769.97 Million | Rs256.40 Million | ▼ -7.8 pp |
| 2018 | 47.7% | Rs591.75 Million | Rs1.24 Billion | Rs820.02 Million | Rs228.27 Million | ▼ -3.9 pp |
| 2017 | 51.5% | Rs636.37 Million | Rs1.23 Billion | Rs812.73 Million | Rs176.37 Million | ▼ -7.1 pp |
| 2016 | 58.7% | Rs693.95 Million | Rs1.18 Billion | Rs883.12 Million | Rs189.17 Million | ▲ +7.5 pp |
| 2015 | 51.2% | Rs572.21 Million | Rs1.12 Billion | Rs793.83 Million | Rs221.63 Million | ▼ -8.8 pp |
| 2014 | 60.0% | Rs633.10 Million | Rs1.06 Billion | Rs754.81 Million | Rs121.71 Million | ▼ -1.9 pp |
| 2013 | 61.9% | Rs622.55 Million | Rs1.01 Billion | Rs732.96 Million | Rs110.41 Million | ▲ +7.0 pp |
| 2012 | 54.9% | Rs543.43 Million | Rs989.71 Million | Rs627.58 Million | Rs84.15 Million | ▲ +6.7 pp |
| 2011 | 48.2% | Rs460.12 Million | Rs954.00 Million | Rs647.19 Million | Rs187.08 Million | ▼ -41.3 pp |
| 2010 | 89.5% | Rs853.72 Million | Rs954.02 Million | Rs960.43 Million | Rs106.71 Million | ▼ -11.0 pp |
| 2009 | 100.5% | Rs936.47 Million | Rs932.23 Million | Rs1.03 Billion | Rs90.06 Million | ▲ +1.4 pp |
| 2007 | 99.1% | Rs891.68 Million | Rs899.77 Million | Rs1.02 Billion | Rs129.14 Million | ▲ +28.4 pp |
| 2006 | 70.7% | Rs547.25 Million | Rs774.33 Million | Rs707.05 Million | Rs159.80 Million | — |