Rail Vikas Nigam Limited (RVNL) — Working Capital to Net Assets Ratio
Rail Vikas Nigam Limited (RVNL) has a Working Capital to Net Assets ratio of 63.5% as of September 2025. Working capital of Rs60.69 Billion (current assets of Rs115.11 Billion minus current liabilities of Rs54.42 Billion) is measured against net assets of Rs95.58 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See RVNL financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Rail Vikas Nigam Limited Working Capital to Net Assets (2013–2025)
This chart shows how Rail Vikas Nigam Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 63.5%, reflecting working capital of Rs60.69 Billion against net assets of Rs95.58 Billion INR. See RVNL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Rail Vikas Nigam Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Rail Vikas Nigam Limited from 2013 to 2025, covering 13 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 Rail Vikas Nigam Limited (RVNL) market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 62.8% | Rs60.15 Billion | Rs95.71 Billion | Rs116.67 Billion | Rs56.52 Billion | ▲ +3.8 pp |
| 2024 | 59.1% | Rs51.66 Billion | Rs87.46 Billion | Rs97.46 Billion | Rs45.79 Billion | ▼ -3.8 pp |
| 2023 | 62.8% | Rs46.03 Billion | Rs73.25 Billion | Rs90.45 Billion | Rs44.42 Billion | ▼ -52.5 pp |
| 2022 | 115.3% | Rs73.78 Billion | Rs63.97 Billion | Rs144.81 Billion | Rs71.03 Billion | ▼ -19.0 pp |
| 2021 | 134.3% | Rs74.76 Billion | Rs55.67 Billion | Rs99.84 Billion | Rs25.09 Billion | ▲ +20.5 pp |
| 2020 | 113.8% | Rs58.21 Billion | Rs51.16 Billion | Rs85.18 Billion | Rs26.97 Billion | ▲ +28.7 pp |
| 2019 | 85.1% | Rs37.39 Billion | Rs43.96 Billion | Rs81.14 Billion | Rs43.75 Billion | ▲ +12.5 pp |
| 2018 | 72.6% | Rs28.48 Billion | Rs39.24 Billion | Rs48.09 Billion | Rs19.61 Billion | ▼ -13.0 pp |
| 2017 | 85.6% | Rs30.44 Billion | Rs35.57 Billion | Rs59.01 Billion | Rs28.57 Billion | ▼ -26.7 pp |
| 2016 | 112.2% | Rs38.41 Billion | Rs34.22 Billion | Rs200.03 Billion | Rs161.62 Billion | ▼ -8.1 pp |
| 2015 | 120.4% | Rs36.83 Billion | Rs30.61 Billion | Rs142.39 Billion | Rs105.56 Billion | ▼ -11.4 pp |
| 2014 | 131.7% | Rs33.61 Billion | Rs25.52 Billion | Rs116.10 Billion | Rs82.49 Billion | ▼ -19.8 pp |
| 2013 | 151.5% | Rs36.77 Billion | Rs24.27 Billion | Rs105.37 Billion | Rs68.60 Billion | — |