Varun Beverages Limited (VBL) — Working Capital to Net Assets Ratio
Varun Beverages Limited (VBL) has a Working Capital to Net Assets ratio of 24.4% as of June 2026. Working capital of Rs53.54 Billion (current assets of Rs105.34 Billion minus current liabilities of Rs51.80 Billion) is measured against net assets of Rs219.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Varun Beverages Limited to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Varun Beverages Limited Working Capital to Net Assets (2012–2025)
This chart shows how Varun Beverages Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 24.4%, reflecting working capital of Rs53.54 Billion against net assets of Rs219.52 Billion INR. For the complete balance sheet picture, see Varun Beverages Limited assets under control.
Annual Working Capital to Net Assets for Varun Beverages Limited (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Varun Beverages Limited from 2012 to 2025, covering 14 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. Check how resilient are Varun Beverages Limited's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 19.3% | Rs38.15 Billion | Rs197.41 Billion | Rs78.89 Billion | Rs40.74 Billion | ▼ -0.6 pp |
| 2024 | 19.9% | Rs33.40 Billion | Rs167.40 Billion | Rs78.64 Billion | Rs45.24 Billion | ▲ +18.8 pp |
| 2023 | 1.2% | Rs824.18 Million | Rs70.85 Billion | Rs42.36 Billion | Rs41.53 Billion | ▲ +12.0 pp |
| 2022 | -10.8% | Rs-5.65 Billion | Rs52.15 Billion | Rs34.04 Billion | Rs39.69 Billion | ▲ +0.5 pp |
| 2021 | -11.3% | Rs-4.74 Billion | Rs41.97 Billion | Rs25.46 Billion | Rs30.20 Billion | ▲ +6.4 pp |
| 2020 | -17.7% | Rs-6.35 Billion | Rs35.89 Billion | Rs18.00 Billion | Rs24.35 Billion | ▼ -1.4 pp |
| 2019 | -16.3% | Rs-5.48 Billion | Rs33.59 Billion | Rs16.72 Billion | Rs22.20 Billion | ▲ +13.6 pp |
| 2018 | -29.9% | Rs-6.00 Billion | Rs20.06 Billion | Rs11.41 Billion | Rs17.41 Billion | ▲ +5.4 pp |
| 2017 | -35.3% | Rs-6.25 Billion | Rs17.68 Billion | Rs9.69 Billion | Rs15.93 Billion | ▲ +10.5 pp |
| 2016 | -45.8% | Rs-8.67 Billion | Rs18.94 Billion | Rs8.74 Billion | Rs17.41 Billion | ▼ -426.9 pp |
| 2015 | 381.1% | Rs-8.97 Billion | Rs-2.35 Billion | Rs7.89 Billion | Rs16.85 Billion | ▲ +481.5 pp |
| 2014 | -100.5% | Rs-3.45 Billion | Rs3.43 Billion | Rs8.59 Billion | Rs12.04 Billion | ▲ +95.6 pp |
| 2013 | -196.1% | Rs-4.22 Billion | Rs2.15 Billion | Rs5.44 Billion | Rs9.66 Billion | ▼ -12.9 pp |
| 2012 | -183.2% | Rs-3.14 Billion | Rs1.72 Billion | Rs5.84 Billion | Rs8.99 Billion | — |