Shalimar Paints Limited Working Capital to Net Assets Ratio
Shalimar Paints Limited working capital to net assets ratio. Shalimar Paints Limited (SHALPAINTS) has a Working Capital to Net Assets ratio of -2.1% as of September 2025. Working capital of Rs-58.70 Million (current assets of Rs3.70 Billion minus current liabilities of Rs3.76 Billion) is measured against net assets of Rs2.84 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check SHALPAINTS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Shalimar Paints Limited (2005–2025)
Working capital to net assets ratio of Shalimar Paints Limited from 2005 to 2025. This chart shows how Shalimar Paints Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at -2.1%, reflecting working capital of Rs-58.70 Million against net assets of Rs2.84 Billion INR. See Shalimar Paints Limited (SHALPAINTS) defensive interval to measure how many days the company can operate on defensive assets alone.
Shalimar Paints Limited Working Capital to Net Assets Ratio by Year (2005–2025)
Shalimar Paints Limited working capital to net assets ratio by year from 2005 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Shalimar Paints Limited from 2005 to 2025, covering 21 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 the complete balance sheet picture, see balance sheet size of Shalimar Paints Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 0.1% | Rs3.80 Million | Rs3.15 Billion | Rs3.55 Billion | Rs3.55 Billion | ▼ -25.5 pp |
| 2024 | 25.6% | Rs1.01 Billion | Rs3.93 Billion | Rs3.45 Billion | Rs2.44 Billion | ▼ -1.8 pp |
| 2023 | 27.4% | Rs966.70 Million | Rs3.53 Billion | Rs3.44 Billion | Rs2.48 Billion | ▼ -18.5 pp |
| 2022 | 45.9% | Rs1.61 Billion | Rs3.51 Billion | Rs3.66 Billion | Rs2.05 Billion | ▲ +68.9 pp |
| 2021 | -23.0% | Rs-513.82 Million | Rs2.23 Billion | Rs2.01 Billion | Rs2.52 Billion | ▼ -7.3 pp |
| 2020 | -15.7% | Rs-429.25 Million | Rs2.73 Billion | Rs1.94 Billion | Rs2.37 Billion | ▼ -24.9 pp |
| 2019 | 9.2% | Rs280.42 Million | Rs3.05 Billion | Rs2.90 Billion | Rs2.62 Billion | ▲ +69.6 pp |
| 2018 | -60.4% | Rs-833.85 Million | Rs1.38 Billion | Rs2.41 Billion | Rs3.24 Billion | ▼ -55.3 pp |
| 2017 | -5.1% | Rs-93.34 Million | Rs1.84 Billion | Rs2.89 Billion | Rs2.99 Billion | ▼ -31.6 pp |
| 2016 | 26.5% | Rs174.96 Million | Rs660.51 Million | Rs3.01 Billion | Rs2.84 Billion | ▲ +22.4 pp |
| 2015 | 4.0% | Rs24.87 Million | Rs615.79 Million | Rs2.97 Billion | Rs2.94 Billion | ▼ -50.6 pp |
| 2014 | 54.6% | Rs400.22 Million | Rs732.66 Million | Rs3.25 Billion | Rs2.85 Billion | ▼ -5.8 pp |
| 2013 | 60.4% | Rs453.35 Million | Rs750.07 Million | Rs3.20 Billion | Rs2.75 Billion | ▲ +8.5 pp |
| 2012 | 51.9% | Rs330.97 Million | Rs637.24 Million | Rs2.63 Billion | Rs2.30 Billion | ▲ +16.9 pp |
| 2011 | 35.1% | Rs188.27 Million | Rs537.09 Million | Rs2.12 Billion | Rs1.93 Billion | ▼ -106.6 pp |
| 2010 | 141.6% | Rs646.31 Million | Rs456.32 Million | Rs1.75 Billion | Rs1.10 Billion | ▼ -38.3 pp |
| 2009 | 179.9% | Rs703.13 Million | Rs390.82 Million | Rs1.50 Billion | Rs800.09 Million | ▼ -19.8 pp |
| 2008 | 199.7% | Rs738.37 Million | Rs369.81 Million | Rs1.67 Billion | Rs932.66 Million | ▼ -29.9 pp |
| 2007 | 229.5% | Rs704.17 Million | Rs306.80 Million | Rs1.45 Billion | Rs745.07 Million | ▲ +154.0 pp |
| 2006 | 75.6% | Rs214.09 Million | Rs283.37 Million | Rs1.19 Billion | Rs979.59 Million | ▲ +15.6 pp |
| 2005 | 60.0% | Rs159.70 Million | Rs266.29 Million | Rs1.07 Billion | Rs905.43 Million | — |