Max India Limited Working Capital to Net Assets Ratio
Max India Limited working capital to net assets ratio. Max India Limited (MAXIND) has a Working Capital to Net Assets ratio of 53.6% as of March 2026. Working capital of Rs2.19 Billion (current assets of Rs3.81 Billion minus current liabilities of Rs1.62 Billion) is measured against net assets of Rs4.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Max India Limited (MAXIND) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Max India Limited (2016–2026)
Working capital to net assets ratio of Max India Limited from 2016 to 2026. This chart shows how Max India Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2016 to 2026. As of March 2026, the ratio stands at 53.6%, reflecting working capital of Rs2.19 Billion against net assets of Rs4.08 Billion INR. See how many days can Max India Limited fund operations to measure how many days the company can operate on defensive assets alone.
Max India Limited Working Capital to Net Assets Ratio by Year (2016–2026)
Max India Limited working capital to net assets ratio by year from 2016 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Max India Limited from 2016 to 2026, covering 11 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 the complete balance sheet picture, see Max India Limited asset portfolio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 53.6% | Rs2.19 Billion | Rs4.08 Billion | Rs3.81 Billion | Rs1.62 Billion | ▲ +27.0 pp |
| 2025 | 26.6% | Rs952.90 Million | Rs3.59 Billion | Rs2.61 Billion | Rs1.65 Billion | ▼ -15.0 pp |
| 2024 | 41.5% | Rs2.04 Billion | Rs4.92 Billion | Rs3.43 Billion | Rs1.39 Billion | ▼ -13.4 pp |
| 2023 | 54.9% | Rs2.98 Billion | Rs5.42 Billion | Rs4.59 Billion | Rs1.61 Billion | ▼ -7.2 pp |
| 2022 | 62.2% | Rs3.96 Billion | Rs6.37 Billion | Rs5.49 Billion | Rs1.53 Billion | ▼ -14.7 pp |
| 2021 | 76.8% | Rs5.02 Billion | Rs6.53 Billion | Rs7.28 Billion | Rs2.26 Billion | ▼ -16.4 pp |
| 2020 | 93.2% | Rs6.57 Billion | Rs7.06 Billion | Rs8.19 Billion | Rs1.62 Billion | ▲ +56.3 pp |
| 2019 | 36.8% | Rs4.73 Billion | Rs12.83 Billion | Rs13.31 Billion | Rs8.58 Billion | ▲ +27.8 pp |
| 2018 | 9.0% | Rs1.28 Billion | Rs14.21 Billion | Rs8.29 Billion | Rs7.00 Billion | ▼ -10.2 pp |
| 2017 | 19.3% | Rs2.69 Billion | Rs13.94 Billion | Rs10.53 Billion | Rs7.85 Billion | ▲ +23.8 pp |
| 2016 | -4.6% | Rs-555.88 Million | Rs12.13 Billion | Rs6.04 Billion | Rs6.60 Billion | — |