Popular Vehicles and Services Limited (PVSL) — Working Capital to Net Assets Ratio
Popular Vehicles and Services Limited (PVSL) has a Working Capital to Net Assets ratio of 6.4% as of March 2026. Working capital of Rs404.68 Million (current assets of Rs10.89 Billion minus current liabilities of Rs10.48 Billion) is measured against net assets of Rs6.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Popular Vehicles and Services Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Popular Vehicles and Services Limited Working Capital to Net Assets (2019–2026)
This chart shows how Popular Vehicles and Services Limited's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 6.4%, reflecting working capital of Rs404.68 Million against net assets of Rs6.28 Billion INR. For the complete balance sheet picture, see how large is Popular Vehicles and Services Limited's balance sheet.
Annual Working Capital to Net Assets for Popular Vehicles and Services Limited (2019–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Popular Vehicles and Services Limited from 2019 to 2026, covering 7 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. Check Popular Vehicles and Services Limited (PVSL) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 6.4% | Rs404.68 Million | Rs6.28 Billion | Rs10.89 Billion | Rs10.48 Billion | ▼ -25.9 pp |
| 2025 | 32.4% | Rs2.07 Billion | Rs6.39 Billion | Rs9.39 Billion | Rs7.33 Billion | ▼ -11.0 pp |
| 2024 | 43.4% | Rs2.83 Billion | Rs6.53 Billion | Rs10.96 Billion | Rs8.13 Billion | ▲ +22.4 pp |
| 2023 | 21.0% | Rs720.08 Million | Rs3.43 Billion | Rs7.36 Billion | Rs6.64 Billion | ▼ -9.3 pp |
| 2022 | 30.3% | Rs848.61 Million | Rs2.80 Billion | Rs6.07 Billion | Rs5.22 Billion | ▼ -0.1 pp |
| 2021 | 30.5% | Rs749.18 Million | Rs2.46 Billion | Rs5.67 Billion | Rs4.92 Billion | ▲ +43.2 pp |
| 2019 | -12.8% | Rs-252.41 Million | Rs1.98 Billion | Rs7.00 Billion | Rs7.25 Billion | — |