Man Industries (India) Limited (MANINDS) — Working Capital to Net Assets Ratio
Man Industries (India) Limited (MANINDS) has a Working Capital to Net Assets ratio of 57.0% as of September 2025. Working capital of Rs11.22 Billion (current assets of Rs28.60 Billion minus current liabilities of Rs17.39 Billion) is measured against net assets of Rs19.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Man Industries (India) Limited (MANINDS) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Man Industries (India) Limited Working Capital to Net Assets (2005–2025)
This chart shows how Man Industries (India) Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 57.0%, reflecting working capital of Rs11.22 Billion against net assets of Rs19.67 Billion INR. Check tangible equity quality of Man Industries (India) Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Man Industries (India) Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Man Industries (India) Limited from 2005 to 2025, covering 21 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 Man Industries (India) Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 47.6% | Rs7.66 Billion | Rs16.07 Billion | Rs27.51 Billion | Rs19.85 Billion | ▼ -7.0 pp |
| 2024 | 54.6% | Rs7.68 Billion | Rs14.05 Billion | Rs15.97 Billion | Rs8.30 Billion | ▼ -4.4 pp |
| 2023 | 59.0% | Rs5.93 Billion | Rs10.04 Billion | Rs11.57 Billion | Rs5.64 Billion | ▲ +19.2 pp |
| 2022 | 39.9% | Rs3.76 Billion | Rs9.42 Billion | Rs12.19 Billion | Rs8.43 Billion | ▲ +4.2 pp |
| 2021 | 35.7% | Rs2.98 Billion | Rs8.35 Billion | Rs12.08 Billion | Rs9.10 Billion | ▲ +14.8 pp |
| 2020 | 20.9% | Rs1.56 Billion | Rs7.46 Billion | Rs11.78 Billion | Rs10.22 Billion | ▼ -0.6 pp |
| 2019 | 21.5% | Rs1.51 Billion | Rs7.02 Billion | Rs9.49 Billion | Rs7.98 Billion | ▼ -7.0 pp |
| 2018 | 28.5% | Rs1.86 Billion | Rs6.52 Billion | Rs10.92 Billion | Rs9.06 Billion | ▼ -19.8 pp |
| 2017 | 48.3% | Rs2.89 Billion | Rs5.98 Billion | Rs8.70 Billion | Rs5.81 Billion | ▼ -4.1 pp |
| 2016 | 52.5% | Rs2.98 Billion | Rs5.68 Billion | Rs7.35 Billion | Rs4.37 Billion | ▼ -26.9 pp |
| 2015 | 79.3% | Rs3.83 Billion | Rs4.82 Billion | Rs10.25 Billion | Rs6.42 Billion | ▼ -1.6 pp |
| 2014 | 80.9% | Rs5.35 Billion | Rs6.61 Billion | Rs10.72 Billion | Rs5.37 Billion | ▲ +15.9 pp |
| 2013 | 65.0% | Rs4.26 Billion | Rs6.55 Billion | Rs9.92 Billion | Rs5.66 Billion | ▲ +39.7 pp |
| 2012 | 25.3% | Rs1.55 Billion | Rs6.12 Billion | Rs11.64 Billion | Rs10.09 Billion | ▼ -78.2 pp |
| 2011 | 103.5% | Rs5.31 Billion | Rs5.13 Billion | Rs16.79 Billion | Rs11.49 Billion | ▼ -13.6 pp |
| 2010 | 117.1% | Rs5.14 Billion | Rs4.39 Billion | Rs12.21 Billion | Rs7.07 Billion | ▲ +7.0 pp |
| 2009 | 110.2% | Rs4.46 Billion | Rs4.05 Billion | Rs13.49 Billion | Rs9.04 Billion | ▲ +43.7 pp |
| 2008 | 66.4% | Rs2.44 Billion | Rs3.67 Billion | Rs8.33 Billion | Rs5.89 Billion | ▼ -31.7 pp |
| 2007 | 98.1% | Rs3.01 Billion | Rs3.07 Billion | Rs7.08 Billion | Rs4.07 Billion | ▼ -12.9 pp |
| 2006 | 111.0% | Rs3.06 Billion | Rs2.75 Billion | Rs4.96 Billion | Rs1.90 Billion | ▲ +49.3 pp |
| 2005 | 61.8% | Rs580.52 Million | Rs939.83 Million | Rs2.29 Billion | Rs1.71 Billion | — |