Sirca Paints India Limited (SIRCA) — Working Capital to Net Assets Ratio
Sirca Paints India Limited (SIRCA) has a Working Capital to Net Assets ratio of 69.0% as of September 2025. Working capital of Rs3.06 Billion (current assets of Rs3.71 Billion minus current liabilities of Rs656.47 Million) is measured against net assets of Rs4.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SIRCA net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sirca Paints India Limited Working Capital to Net Assets (2013–2025)
This chart shows how Sirca Paints India 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 69.0%, reflecting working capital of Rs3.06 Billion against net assets of Rs4.43 Billion INR. Check Sirca Paints India Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sirca Paints India Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sirca Paints India 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 SIRCA market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 63.0% | Rs2.20 Billion | Rs3.50 Billion | Rs2.79 Billion | Rs583.25 Million | ▼ -15.2 pp |
| 2024 | 78.2% | Rs2.41 Billion | Rs3.09 Billion | Rs2.83 Billion | Rs416.13 Million | ▲ +1.7 pp |
| 2023 | 76.5% | Rs2.03 Billion | Rs2.65 Billion | Rs2.49 Billion | Rs459.23 Million | ▲ +1.9 pp |
| 2022 | 74.5% | Rs1.68 Billion | Rs2.25 Billion | Rs2.05 Billion | Rs371.66 Million | ▼ -3.2 pp |
| 2021 | 77.7% | Rs1.57 Billion | Rs2.02 Billion | Rs2.09 Billion | Rs528.78 Million | ▲ +7.8 pp |
| 2020 | 69.9% | Rs1.29 Billion | Rs1.85 Billion | Rs1.54 Billion | Rs249.88 Million | ▼ -8.0 pp |
| 2019 | 78.0% | Rs1.31 Billion | Rs1.68 Billion | Rs1.63 Billion | Rs322.97 Million | ▲ +10.6 pp |
| 2018 | 67.3% | Rs455.44 Million | Rs676.35 Million | Rs721.30 Million | Rs265.87 Million | ▼ -3.9 pp |
| 2017 | 71.2% | Rs243.07 Million | Rs341.29 Million | Rs513.56 Million | Rs270.49 Million | ▼ -5.7 pp |
| 2016 | 76.9% | Rs157.13 Million | Rs204.25 Million | Rs401.32 Million | Rs244.19 Million | ▲ +6.3 pp |
| 2015 | 70.7% | Rs92.93 Million | Rs131.49 Million | Rs291.20 Million | Rs198.27 Million | ▲ +16.4 pp |
| 2014 | 54.3% | Rs37.88 Million | Rs69.80 Million | Rs246.23 Million | Rs208.35 Million | ▲ +2.8 pp |
| 2013 | 51.4% | Rs25.77 Million | Rs50.09 Million | Rs175.94 Million | Rs150.17 Million | — |