Sandhar Technologies Limited (SANDHAR) — Working Capital to Net Assets Ratio
Sandhar Technologies Limited (SANDHAR) has a Working Capital to Net Assets ratio of -4.0% as of September 2025. Working capital of Rs-491.77 Million (current assets of Rs14.68 Billion minus current liabilities of Rs15.17 Billion) is measured against net assets of Rs12.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sandhar Technologies Limited (SANDHAR) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sandhar Technologies Limited Working Capital to Net Assets (2011–2025)
This chart shows how Sandhar Technologies Limited's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of September 2025, the ratio stands at -4.0%, reflecting working capital of Rs-491.77 Million against net assets of Rs12.30 Billion INR. Check tangible equity quality of Sandhar Technologies Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sandhar Technologies Limited (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sandhar Technologies Limited from 2011 to 2025, covering 15 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 SANDHAR stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -5.9% | Rs-677.19 Million | Rs11.39 Billion | Rs11.54 Billion | Rs12.22 Billion | ▼ -1.1 pp |
| 2024 | -4.8% | Rs-492.52 Million | Rs10.17 Billion | Rs9.19 Billion | Rs9.68 Billion | ▼ -4.6 pp |
| 2023 | -0.3% | Rs-25.74 Million | Rs9.25 Billion | Rs7.81 Billion | Rs7.84 Billion | ▼ -3.8 pp |
| 2022 | 3.5% | Rs300.50 Million | Rs8.63 Billion | Rs7.99 Billion | Rs7.69 Billion | ▼ -5.5 pp |
| 2021 | 9.0% | Rs725.73 Million | Rs8.08 Billion | Rs6.64 Billion | Rs5.91 Billion | ▲ +16.5 pp |
| 2020 | -7.6% | Rs-579.68 Million | Rs7.66 Billion | Rs4.41 Billion | Rs4.99 Billion | ▲ +2.9 pp |
| 2019 | -10.4% | Rs-753.87 Million | Rs7.23 Billion | Rs6.31 Billion | Rs7.06 Billion | ▲ +8.7 pp |
| 2018 | -19.1% | Rs-1.22 Billion | Rs6.37 Billion | Rs7.93 Billion | Rs9.14 Billion | ▲ +20.2 pp |
| 2017 | -39.3% | Rs-1.19 Billion | Rs3.04 Billion | Rs4.28 Billion | Rs5.47 Billion | ▲ +4.1 pp |
| 2016 | -43.4% | Rs-1.19 Billion | Rs2.75 Billion | Rs3.62 Billion | Rs4.81 Billion | ▼ -5.7 pp |
| 2015 | -37.7% | Rs-982.94 Million | Rs2.61 Billion | Rs3.80 Billion | Rs4.78 Billion | ▲ +22.7 pp |
| 2014 | -60.4% | Rs-1.27 Billion | Rs2.10 Billion | Rs3.12 Billion | Rs4.39 Billion | ▼ -5.5 pp |
| 2013 | -54.8% | Rs-990.40 Million | Rs1.81 Billion | Rs2.44 Billion | Rs3.43 Billion | ▲ +1.1 pp |
| 2012 | -55.9% | Rs-753.29 Million | Rs1.35 Billion | Rs2.33 Billion | Rs3.09 Billion | ▼ -24.0 pp |
| 2011 | -32.0% | Rs-485.28 Million | Rs1.52 Billion | Rs2.08 Billion | Rs2.56 Billion | — |