Solar Industries India Limited (SOLARINDS) — Working Capital to Net Assets Ratio
Solar Industries India Limited (SOLARINDS) has a Working Capital to Net Assets ratio of 39.5% as of March 2026. Working capital of Rs25.89 Billion (current assets of Rs50.37 Billion minus current liabilities of Rs24.49 Billion) is measured against net assets of Rs65.49 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Solar Industries India Limited (SOLARINDS) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Solar Industries India Limited Working Capital to Net Assets (2005–2026)
This chart shows how Solar Industries India Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 39.5%, reflecting working capital of Rs25.89 Billion against net assets of Rs65.49 Billion INR. See operational self-sufficiency of Solar Industries India Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Solar Industries India Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Solar Industries India Limited from 2005 to 2026, covering 22 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 SOLARINDS market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 39.5% | Rs25.89 Billion | Rs65.49 Billion | Rs50.37 Billion | Rs24.49 Billion | ▼ -4.8 pp |
| 2025 | 44.4% | Rs20.13 Billion | Rs45.37 Billion | Rs41.27 Billion | Rs21.14 Billion | ▲ +10.9 pp |
| 2024 | 33.5% | Rs11.47 Billion | Rs34.27 Billion | Rs26.48 Billion | Rs15.01 Billion | ▲ +1.9 pp |
| 2023 | 31.6% | Rs8.69 Billion | Rs27.51 Billion | Rs25.01 Billion | Rs16.32 Billion | ▲ +4.5 pp |
| 2022 | 27.1% | Rs5.46 Billion | Rs20.15 Billion | Rs16.64 Billion | Rs11.18 Billion | ▲ +2.4 pp |
| 2021 | 24.7% | Rs4.06 Billion | Rs16.42 Billion | Rs12.26 Billion | Rs8.19 Billion | ▲ +7.2 pp |
| 2020 | 17.6% | Rs2.51 Billion | Rs14.32 Billion | Rs9.84 Billion | Rs7.32 Billion | ▼ -1.0 pp |
| 2019 | 18.5% | Rs2.38 Billion | Rs12.86 Billion | Rs9.62 Billion | Rs7.24 Billion | ▼ -3.8 pp |
| 2018 | 22.3% | Rs2.53 Billion | Rs11.31 Billion | Rs8.19 Billion | Rs5.66 Billion | ▲ +1.4 pp |
| 2017 | 20.9% | Rs2.03 Billion | Rs9.69 Billion | Rs7.24 Billion | Rs5.21 Billion | ▼ -1.8 pp |
| 2016 | 22.7% | Rs2.01 Billion | Rs8.85 Billion | Rs6.49 Billion | Rs4.48 Billion | ▼ -8.0 pp |
| 2015 | 30.7% | Rs2.53 Billion | Rs8.23 Billion | Rs6.10 Billion | Rs3.57 Billion | ▲ +3.1 pp |
| 2014 | 27.7% | Rs1.94 Billion | Rs7.00 Billion | Rs6.66 Billion | Rs4.72 Billion | ▲ +1.0 pp |
| 2013 | 26.7% | Rs1.64 Billion | Rs6.13 Billion | Rs5.69 Billion | Rs4.05 Billion | ▲ +6.8 pp |
| 2012 | 19.9% | Rs879.13 Million | Rs4.42 Billion | Rs4.41 Billion | Rs3.53 Billion | ▼ -61.4 pp |
| 2011 | 81.3% | Rs2.79 Billion | Rs3.43 Billion | Rs4.18 Billion | Rs1.39 Billion | ▼ -8.1 pp |
| 2010 | 89.4% | Rs2.37 Billion | Rs2.65 Billion | Rs3.90 Billion | Rs1.53 Billion | ▲ +8.6 pp |
| 2009 | 80.8% | Rs1.78 Billion | Rs2.21 Billion | Rs3.26 Billion | Rs1.48 Billion | ▼ -29.4 pp |
| 2008 | 110.2% | Rs2.05 Billion | Rs1.86 Billion | Rs2.24 Billion | Rs192.11 Million | ▲ +7.4 pp |
| 2007 | 102.7% | Rs1.76 Billion | Rs1.71 Billion | Rs2.02 Billion | Rs262.30 Million | ▲ +15.0 pp |
| 2006 | 87.8% | Rs1.36 Billion | Rs1.55 Billion | Rs1.64 Billion | Rs280.69 Million | ▲ +24.0 pp |
| 2005 | 63.7% | Rs340.21 Million | Rs533.77 Million | Rs465.56 Million | Rs125.35 Million | — |