Vardhman Holdings Limited (VHL) — Working Capital to Net Assets Ratio
Vardhman Holdings Limited (VHL) has a Working Capital to Net Assets ratio of 0.1% as of March 2026. Working capital of Rs35.00 Million (current assets of Rs35.00 Million minus current liabilities of Rs0.00) is measured against net assets of Rs37.66 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Vardhman Holdings Limited (VHL) total assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vardhman Holdings Limited Working Capital to Net Assets (2007–2026)
This chart shows how Vardhman Holdings Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2007 to 2026. As of March 2026, the ratio stands at 0.1%, reflecting working capital of Rs35.00 Million against net assets of Rs37.66 Billion INR. Explore VHL capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Vardhman Holdings Limited (2007–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vardhman Holdings Limited from 2007 to 2026, covering 20 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. Explore investment intensity of Vardhman Holdings Limited to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 0.1% | Rs30.70 Million | Rs37.66 Billion | Rs35.00 Million | Rs4.30 Million | ▼ -3.4 pp |
| 2025 | 3.5% | Rs1.25 Billion | Rs35.40 Billion | Rs1.26 Billion | Rs5.29 Million | ▲ +0.8 pp |
| 2024 | 2.8% | Rs913.58 Million | Rs32.97 Billion | Rs919.56 Million | Rs5.98 Million | ▲ +0.5 pp |
| 2023 | 2.3% | Rs717.15 Million | Rs31.00 Billion | Rs728.14 Million | Rs10.99 Million | ▼ -5.6 pp |
| 2022 | 7.9% | Rs2.20 Billion | Rs27.77 Billion | Rs2.21 Billion | Rs6.75 Million | ▲ +2.5 pp |
| 2021 | 5.5% | Rs1.26 Billion | Rs23.06 Billion | Rs1.27 Billion | Rs15.17 Million | ▼ -2.2 pp |
| 2020 | 7.7% | Rs1.63 Billion | Rs21.26 Billion | Rs1.67 Billion | Rs40.59 Million | ▼ -4.9 pp |
| 2019 | 12.5% | Rs2.51 Billion | Rs19.97 Billion | Rs2.56 Billion | Rs54.67 Million | ▼ 0.0 pp |
| 2018 | 12.6% | Rs2.29 Billion | Rs18.22 Billion | Rs2.32 Billion | Rs29.88 Million | ▼ -10.8 pp |
| 2017 | 23.4% | Rs3.78 Billion | Rs16.15 Billion | Rs3.81 Billion | Rs28.32 Million | ▲ +8.2 pp |
| 2016 | 15.2% | Rs1.90 Billion | Rs12.47 Billion | Rs1.92 Billion | Rs19.56 Million | ▼ -50.6 pp |
| 2015 | 65.8% | Rs1.52 Billion | Rs2.31 Billion | Rs1.54 Billion | Rs18.73 Million | ▲ +5.0 pp |
| 2014 | 60.8% | Rs1.23 Billion | Rs2.02 Billion | Rs1.24 Billion | Rs14.62 Million | ▲ +6.1 pp |
| 2013 | 54.7% | Rs1.02 Billion | Rs1.86 Billion | Rs1.03 Billion | Rs14.46 Million | ▲ +12.1 pp |
| 2012 | 42.6% | Rs747.16 Million | Rs1.76 Billion | Rs766.34 Million | Rs19.18 Million | ▲ +4.7 pp |
| 2011 | 37.8% | Rs459.56 Million | Rs1.21 Billion | Rs470.74 Million | Rs11.18 Million | ▲ +25.8 pp |
| 2010 | 12.0% | Rs138.40 Million | Rs1.15 Billion | Rs147.69 Million | Rs9.29 Million | ▲ +7.4 pp |
| 2009 | 4.6% | Rs49.86 Million | Rs1.09 Billion | Rs57.39 Million | Rs7.53 Million | ▼ -2.2 pp |
| 2008 | 6.8% | Rs68.59 Million | Rs1.01 Billion | Rs79.26 Million | Rs10.67 Million | ▼ -15.6 pp |
| 2007 | 22.4% | Rs225.48 Million | Rs1.01 Billion | Rs228.62 Million | Rs3.15 Million | — |