Sula Vineyards Limited (SULA) — Working Capital to Net Assets Ratio
Sula Vineyards Limited (SULA) has a Working Capital to Net Assets ratio of 27.8% as of March 2026. Working capital of Rs1.63 Billion (current assets of Rs5.47 Billion minus current liabilities of Rs3.84 Billion) is measured against net assets of Rs5.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Sula Vineyards Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sula Vineyards Limited Working Capital to Net Assets (2019–2026)
This chart shows how Sula Vineyards Limited's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 27.8%, reflecting working capital of Rs1.63 Billion against net assets of Rs5.87 Billion INR. See SULA days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sula Vineyards Limited (2019–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sula Vineyards Limited from 2019 to 2026, covering 8 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 SULA market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 27.8% | Rs1.63 Billion | Rs5.87 Billion | Rs5.47 Billion | Rs3.84 Billion | ▲ +0.4 pp |
| 2025 | 27.4% | Rs1.60 Billion | Rs5.86 Billion | Rs5.44 Billion | Rs3.83 Billion | ▲ +6.1 pp |
| 2024 | 21.3% | Rs1.17 Billion | Rs5.50 Billion | Rs5.02 Billion | Rs3.85 Billion | ▼ -7.5 pp |
| 2023 | 28.8% | Rs1.53 Billion | Rs5.32 Billion | Rs4.24 Billion | Rs2.71 Billion | ▲ +8.5 pp |
| 2022 | 20.3% | Rs804.04 Million | Rs3.95 Billion | Rs3.71 Billion | Rs2.90 Billion | ▲ +2.2 pp |
| 2021 | 18.1% | Rs551.39 Million | Rs3.05 Billion | Rs4.07 Billion | Rs3.52 Billion | ▲ +5.6 pp |
| 2020 | 12.4% | Rs376.24 Million | Rs3.02 Billion | Rs4.43 Billion | Rs4.05 Billion | ▼ -6.3 pp |
| 2019 | 18.8% | Rs610.65 Million | Rs3.25 Billion | Rs4.19 Billion | Rs3.58 Billion | — |