Tirupati Forge Limited Working Capital to Net Assets Ratio
Tirupati Forge Limited working capital to net assets ratio. Tirupati Forge Limited (TIRUPATIFL) has a Working Capital to Net Assets ratio of 50.7% as of September 2025. Working capital of Rs605.06 Million (current assets of Rs907.35 Million minus current liabilities of Rs302.29 Million) is measured against net assets of Rs1.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check TIRUPATIFL goodwill-adjusted equity 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 Tirupati Forge Limited (2013–2025)
Working capital to net assets ratio of Tirupati Forge Limited from 2013 to 2025. This chart shows how Tirupati Forge 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 50.7%, reflecting working capital of Rs605.06 Million against net assets of Rs1.19 Billion INR. See TIRUPATIFL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Tirupati Forge Limited Working Capital to Net Assets Ratio by Year (2013–2025)
Tirupati Forge Limited working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Tirupati Forge 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 the complete balance sheet picture, see total assets of Tirupati Forge Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 62.1% | Rs665.37 Million | Rs1.07 Billion | Rs887.82 Million | Rs222.45 Million | ▲ +11.4 pp |
| 2024 | 50.7% | Rs253.17 Million | Rs499.16 Million | Rs460.80 Million | Rs207.63 Million | ▼ -9.6 pp |
| 2023 | 60.3% | Rs218.45 Million | Rs362.38 Million | Rs345.89 Million | Rs127.44 Million | ▲ +6.6 pp |
| 2022 | 53.6% | Rs143.80 Million | Rs268.10 Million | Rs358.25 Million | Rs214.44 Million | ▲ +14.7 pp |
| 2021 | 39.0% | Rs80.87 Million | Rs207.62 Million | Rs178.79 Million | Rs97.92 Million | ▲ +5.0 pp |
| 2020 | 33.9% | Rs62.94 Million | Rs185.44 Million | Rs105.30 Million | Rs42.37 Million | ▼ -14.5 pp |
| 2019 | 48.4% | Rs71.27 Million | Rs147.16 Million | Rs121.68 Million | Rs50.41 Million | ▼ -9.7 pp |
| 2018 | 58.1% | Rs60.92 Million | Rs104.77 Million | Rs81.85 Million | Rs20.93 Million | ▲ +42.1 pp |
| 2017 | 16.0% | Rs4.20 Million | Rs26.21 Million | Rs54.17 Million | Rs49.97 Million | ▼ -7.4 pp |
| 2016 | 23.4% | Rs5.16 Million | Rs22.02 Million | Rs44.95 Million | Rs39.80 Million | ▼ -21.0 pp |
| 2015 | 44.4% | Rs9.03 Million | Rs20.33 Million | Rs87.61 Million | Rs78.58 Million | ▼ -42.1 pp |
| 2014 | 86.5% | Rs11.50 Million | Rs13.29 Million | Rs46.00 Million | Rs34.50 Million | ▼ -215.5 pp |
| 2013 | 302.0% | Rs14.65 Million | Rs4.85 Million | Rs15.90 Million | Rs1.25 Million | — |