Sandhar Technologies Limited (SANDHAR) — Working Capital to Net Assets Ratio
Sandhar Technologies Limited (SANDHAR) has a Working Capital to Net Assets ratio of -6.7% as of March 2026. Working capital of Rs-917.59 Million (current assets of Rs15.43 Billion minus current liabilities of Rs16.35 Billion) is measured against net assets of Rs13.77 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Sandhar Technologies Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sandhar Technologies Limited Working Capital to Net Assets (2011–2026)
This chart shows how Sandhar Technologies Limited's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2011 to 2026. As of March 2026, the ratio stands at -6.7%, reflecting working capital of Rs-917.59 Million against net assets of Rs13.77 Billion INR. See Sandhar Technologies Limited (SANDHAR) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sandhar Technologies Limited (2011–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sandhar Technologies Limited from 2011 to 2026, covering 16 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 market value of Sandhar Technologies Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -6.7% | Rs-917.59 Million | Rs13.77 Billion | Rs15.43 Billion | Rs16.35 Billion | ▼ -0.7 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 | — |