Thangamayil Jewellery Limited (THANGAMAYL) — Working Capital to Net Assets Ratio
Thangamayil Jewellery Limited (THANGAMAYL) has a Working Capital to Net Assets ratio of 86.1% as of March 2026. Working capital of Rs12.20 Billion (current assets of Rs34.94 Billion minus current liabilities of Rs22.75 Billion) is measured against net assets of Rs14.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thangamayil Jewellery Limited free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thangamayil Jewellery Limited Working Capital to Net Assets (2008–2026)
This chart shows how Thangamayil Jewellery Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2008 to 2026. As of March 2026, the ratio stands at 86.1%, reflecting working capital of Rs12.20 Billion against net assets of Rs14.16 Billion INR. See THANGAMAYL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Thangamayil Jewellery Limited (2008–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thangamayil Jewellery Limited from 2008 to 2026, covering 19 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 Thangamayil Jewellery Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 86.1% | Rs12.20 Billion | Rs14.16 Billion | Rs34.94 Billion | Rs22.75 Billion | ▼ -2.1 pp |
| 2025 | 88.2% | Rs9.73 Billion | Rs11.02 Billion | Rs23.21 Billion | Rs13.49 Billion | ▼ -4.5 pp |
| 2024 | 92.8% | Rs4.58 Billion | Rs4.93 Billion | Rs13.08 Billion | Rs8.50 Billion | ▼ -11.5 pp |
| 2023 | 104.2% | Rs4.05 Billion | Rs3.89 Billion | Rs11.10 Billion | Rs7.05 Billion | ▲ +1.2 pp |
| 2022 | 103.0% | Rs3.34 Billion | Rs3.24 Billion | Rs7.99 Billion | Rs4.65 Billion | ▲ +10.5 pp |
| 2021 | 92.4% | Rs2.75 Billion | Rs2.98 Billion | Rs6.82 Billion | Rs4.07 Billion | ▲ +5.9 pp |
| 2020 | 86.6% | Rs1.91 Billion | Rs2.20 Billion | Rs6.22 Billion | Rs4.31 Billion | ▲ +9.3 pp |
| 2019 | 77.3% | Rs1.49 Billion | Rs1.93 Billion | Rs5.69 Billion | Rs4.20 Billion | ▲ +8.7 pp |
| 2018 | 68.6% | Rs1.16 Billion | Rs1.69 Billion | Rs5.25 Billion | Rs4.10 Billion | ▲ +5.5 pp |
| 2017 | 63.0% | Rs954.93 Million | Rs1.51 Billion | Rs3.47 Billion | Rs2.52 Billion | ▼ -5.0 pp |
| 2016 | 68.0% | Rs935.14 Million | Rs1.38 Billion | Rs3.00 Billion | Rs2.06 Billion | ▲ +13.8 pp |
| 2015 | 54.2% | Rs697.65 Million | Rs1.29 Billion | Rs3.05 Billion | Rs2.35 Billion | ▲ +1.0 pp |
| 2014 | 53.2% | Rs817.00 Million | Rs1.54 Billion | Rs3.74 Billion | Rs2.93 Billion | ▼ -16.8 pp |
| 2013 | 70.0% | Rs1.17 Billion | Rs1.68 Billion | Rs5.08 Billion | Rs3.90 Billion | ▲ +4.1 pp |
| 2012 | 65.9% | Rs962.38 Million | Rs1.46 Billion | Rs3.90 Billion | Rs2.93 Billion | ▼ -139.9 pp |
| 2011 | 205.7% | Rs2.02 Billion | Rs982.12 Million | Rs2.23 Billion | Rs205.90 Million | ▲ +36.3 pp |
| 2010 | 169.5% | Rs1.27 Billion | Rs748.73 Million | Rs1.35 Billion | Rs83.88 Million | ▼ -20.6 pp |
| 2009 | 190.1% | Rs627.57 Million | Rs330.17 Million | Rs706.27 Million | Rs78.69 Million | ▲ +69.8 pp |
| 2008 | 120.3% | Rs347.53 Million | Rs288.90 Million | Rs381.46 Million | Rs33.93 Million | — |