MM Forgings Limited (MMFL) — Working Capital to Net Assets Ratio
MM Forgings Limited (MMFL) has a Working Capital to Net Assets ratio of 27.8% as of September 2025. Working capital of Rs2.58 Billion (current assets of Rs10.61 Billion minus current liabilities of Rs8.03 Billion) is measured against net assets of Rs9.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See MMFL net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MM Forgings Limited Working Capital to Net Assets (2006–2025)
This chart shows how MM Forgings 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 27.8%, reflecting working capital of Rs2.58 Billion against net assets of Rs9.27 Billion INR. Check MM Forgings Limited (MMFL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MM Forgings Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MM Forgings 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 MM Forgings Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 19.5% | Rs1.74 Billion | Rs8.92 Billion | Rs9.66 Billion | Rs7.92 Billion | ▲ +3.8 pp |
| 2024 | 15.7% | Rs1.23 Billion | Rs7.89 Billion | Rs8.66 Billion | Rs7.43 Billion | ▼ -1.8 pp |
| 2023 | 17.5% | Rs1.18 Billion | Rs6.73 Billion | Rs7.40 Billion | Rs6.23 Billion | ▼ -9.2 pp |
| 2022 | 26.7% | Rs1.49 Billion | Rs5.60 Billion | Rs6.19 Billion | Rs4.69 Billion | ▲ +10.9 pp |
| 2021 | 15.8% | Rs768.86 Million | Rs4.87 Billion | Rs5.12 Billion | Rs4.35 Billion | ▲ +6.0 pp |
| 2020 | 9.8% | Rs445.83 Million | Rs4.55 Billion | Rs3.56 Billion | Rs3.11 Billion | ▼ -22.9 pp |
| 2019 | 32.7% | Rs1.40 Billion | Rs4.27 Billion | Rs4.99 Billion | Rs3.60 Billion | ▲ +1.1 pp |
| 2018 | 31.6% | Rs1.15 Billion | Rs3.63 Billion | Rs3.87 Billion | Rs2.73 Billion | ▲ +2.2 pp |
| 2017 | 29.4% | Rs925.18 Million | Rs3.15 Billion | Rs2.38 Billion | Rs1.46 Billion | ▼ -3.2 pp |
| 2016 | 32.6% | Rs911.65 Million | Rs2.80 Billion | Rs2.37 Billion | Rs1.45 Billion | ▼ -0.4 pp |
| 2015 | 33.0% | Rs785.52 Million | Rs2.38 Billion | Rs2.18 Billion | Rs1.39 Billion | ▲ +24.9 pp |
| 2014 | 8.1% | Rs157.96 Million | Rs1.96 Billion | Rs1.51 Billion | Rs1.35 Billion | ▲ +3.0 pp |
| 2013 | 5.1% | Rs87.75 Million | Rs1.72 Billion | Rs1.46 Billion | Rs1.38 Billion | ▼ -22.2 pp |
| 2012 | 27.3% | Rs414.06 Million | Rs1.52 Billion | Rs1.37 Billion | Rs956.58 Million | ▼ -64.9 pp |
| 2011 | 92.2% | Rs1.19 Billion | Rs1.29 Billion | Rs1.43 Billion | Rs241.64 Million | ▲ +21.7 pp |
| 2010 | 70.4% | Rs731.48 Million | Rs1.04 Billion | Rs900.06 Million | Rs168.58 Million | ▼ -9.3 pp |
| 2009 | 79.7% | Rs760.78 Million | Rs954.23 Million | Rs863.84 Million | Rs103.05 Million | ▼ -6.1 pp |
| 2008 | 85.8% | Rs750.45 Million | Rs874.24 Million | Rs974.31 Million | Rs223.86 Million | ▲ +18.5 pp |
| 2007 | 67.3% | Rs515.14 Million | Rs765.29 Million | Rs661.89 Million | Rs146.75 Million | ▼ -15.4 pp |
| 2006 | 82.7% | Rs535.43 Million | Rs647.33 Million | Rs714.22 Million | Rs178.79 Million | — |