Narmada Agrobase Limited (NARMADA) — Working Capital to Net Assets Ratio
Narmada Agrobase Limited (NARMADA) has a Working Capital to Net Assets ratio of 84.8% as of September 2025. Working capital of Rs490.90 Million (current assets of Rs608.38 Million minus current liabilities of Rs117.48 Million) is measured against net assets of Rs579.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NARMADA free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Narmada Agrobase Limited Working Capital to Net Assets (2014–2025)
This chart shows how Narmada Agrobase Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 84.8%, reflecting working capital of Rs490.90 Million against net assets of Rs579.12 Million INR. See Narmada Agrobase Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Narmada Agrobase Limited (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Narmada Agrobase Limited from 2014 to 2025, covering 12 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 Narmada Agrobase Limited (NARMADA) total market value.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 88.2% | Rs492.88 Million | Rs558.66 Million | Rs587.46 Million | Rs94.58 Million | ▲ +7.9 pp |
| 2024 | 80.3% | Rs135.79 Million | Rs169.01 Million | Rs245.41 Million | Rs109.62 Million | ▲ +2.3 pp |
| 2023 | 78.0% | Rs123.95 Million | Rs158.82 Million | Rs232.72 Million | Rs108.77 Million | ▲ +9.8 pp |
| 2022 | 68.3% | Rs105.72 Million | Rs154.89 Million | Rs218.02 Million | Rs112.29 Million | ▼ -2.4 pp |
| 2021 | 70.7% | Rs105.56 Million | Rs149.39 Million | Rs215.42 Million | Rs109.86 Million | ▲ +4.3 pp |
| 2020 | 66.3% | Rs94.54 Million | Rs142.56 Million | Rs185.16 Million | Rs90.62 Million | ▲ +0.7 pp |
| 2019 | 65.7% | Rs89.08 Million | Rs135.68 Million | Rs176.97 Million | Rs87.89 Million | ▲ +17.6 pp |
| 2018 | 48.1% | Rs26.95 Million | Rs56.04 Million | Rs100.68 Million | Rs73.73 Million | ▼ -27.7 pp |
| 2017 | 75.8% | Rs18.44 Million | Rs24.33 Million | Rs94.53 Million | Rs76.09 Million | ▼ -1.4 pp |
| 2016 | 77.1% | Rs16.43 Million | Rs21.30 Million | Rs68.82 Million | Rs52.38 Million | ▼ -20.6 pp |
| 2015 | 97.8% | Rs13.34 Million | Rs13.64 Million | Rs60.08 Million | Rs46.74 Million | ▲ +65.3 pp |
| 2014 | 32.5% | Rs3.98 Million | Rs12.25 Million | Rs22.32 Million | Rs18.34 Million | — |