Page Industries Limited (PAGEIND) — Working Capital to Net Assets Ratio
Page Industries Limited (PAGEIND) has a Working Capital to Net Assets ratio of 50.5% as of September 2025. Working capital of Rs7.12 Billion (current assets of Rs18.56 Billion minus current liabilities of Rs11.45 Billion) is measured against net assets of Rs14.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Page Industries Limited to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Page Industries Limited Working Capital to Net Assets (2002–2025)
This chart shows how Page Industries Limited's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of September 2025, the ratio stands at 50.5%, reflecting working capital of Rs7.12 Billion against net assets of Rs14.09 Billion INR. Check how tangible is Page Industries Limited's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Page Industries Limited (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Page Industries Limited from 2002 to 2025, covering 24 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 PAGEIND stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 52.0% | Rs7.32 Billion | Rs14.07 Billion | Rs17.42 Billion | Rs10.10 Billion | ▼ -6.7 pp |
| 2024 | 58.7% | Rs9.37 Billion | Rs15.97 Billion | Rs18.76 Billion | Rs9.38 Billion | ▲ +2.5 pp |
| 2023 | 56.2% | Rs7.71 Billion | Rs13.71 Billion | Rs19.65 Billion | Rs11.94 Billion | ▼ -1.8 pp |
| 2022 | 58.0% | Rs6.32 Billion | Rs10.89 Billion | Rs15.68 Billion | Rs9.36 Billion | ▲ +0.1 pp |
| 2021 | 57.9% | Rs5.13 Billion | Rs8.85 Billion | Rs12.25 Billion | Rs7.12 Billion | ▲ +2.1 pp |
| 2020 | 55.9% | Rs4.58 Billion | Rs8.20 Billion | Rs10.15 Billion | Rs5.57 Billion | ▼ -4.9 pp |
| 2019 | 60.8% | Rs4.71 Billion | Rs7.75 Billion | Rs10.05 Billion | Rs5.34 Billion | ▼ -3.7 pp |
| 2018 | 64.5% | Rs5.47 Billion | Rs8.47 Billion | Rs10.55 Billion | Rs5.08 Billion | ▲ +3.3 pp |
| 2017 | 61.2% | Rs4.07 Billion | Rs6.66 Billion | Rs8.33 Billion | Rs4.26 Billion | ▼ -12.4 pp |
| 2016 | 73.5% | Rs3.72 Billion | Rs5.05 Billion | Rs6.81 Billion | Rs3.09 Billion | ▲ +10.1 pp |
| 2015 | 63.4% | Rs2.46 Billion | Rs3.87 Billion | Rs5.58 Billion | Rs3.12 Billion | ▲ +5.1 pp |
| 2014 | 58.3% | Rs1.69 Billion | Rs2.89 Billion | Rs4.56 Billion | Rs2.88 Billion | ▲ +1.2 pp |
| 2013 | 57.1% | Rs1.22 Billion | Rs2.14 Billion | Rs3.10 Billion | Rs1.88 Billion | ▲ +8.2 pp |
| 2012 | 49.0% | Rs811.95 Million | Rs1.66 Billion | Rs2.31 Billion | Rs1.50 Billion | ▼ -10.3 pp |
| 2011 | 59.3% | Rs733.55 Million | Rs1.24 Billion | Rs2.35 Billion | Rs1.62 Billion | ▲ +41.4 pp |
| 2010 | 17.9% | Rs177.20 Million | Rs990.28 Million | Rs1.34 Billion | Rs1.17 Billion | ▼ -49.3 pp |
| 2009 | 67.2% | Rs583.82 Million | Rs868.22 Million | Rs1.40 Billion | Rs818.52 Million | ▲ +10.7 pp |
| 2008 | 56.6% | Rs437.67 Million | Rs773.75 Million | Rs1.00 Billion | Rs564.60 Million | ▼ -25.1 pp |
| 2007 | 81.7% | Rs553.38 Million | Rs677.22 Million | Rs825.04 Million | Rs271.65 Million | ▼ -29.4 pp |
| 2006 | 111.1% | Rs139.11 Million | Rs125.21 Million | Rs324.07 Million | Rs184.96 Million | ▼ -52.9 pp |
| 2005 | 164.0% | Rs109.45 Million | Rs66.72 Million | Rs264.23 Million | Rs154.78 Million | ▼ -4.6 pp |
| 2004 | 168.7% | Rs87.50 Million | Rs51.87 Million | Rs200.38 Million | Rs112.88 Million | ▲ +17.5 pp |
| 2003 | 151.2% | Rs81.84 Million | Rs54.14 Million | Rs198.57 Million | Rs116.73 Million | ▲ +12.9 pp |
| 2002 | 138.3% | Rs50.75 Million | Rs36.70 Million | Rs144.96 Million | Rs94.21 Million | — |