Vraj Iron and Steel Ltd (VRAJ) — Working Capital to Net Assets Ratio
Vraj Iron and Steel Ltd (VRAJ) has a Working Capital to Net Assets ratio of 26.8% as of September 2025. Working capital of Rs1.10 Billion (current assets of Rs1.49 Billion minus current liabilities of Rs385.43 Million) is measured against net assets of Rs4.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See VRAJ equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vraj Iron and Steel Ltd Working Capital to Net Assets (2020–2025)
This chart shows how Vraj Iron and Steel Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of September 2025, the ratio stands at 26.8%, reflecting working capital of Rs1.10 Billion against net assets of Rs4.13 Billion INR. Check VRAJ tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Vraj Iron and Steel Ltd (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vraj Iron and Steel Ltd from 2020 to 2025, covering 6 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 Vraj Iron and Steel Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 31.6% | Rs1.25 Billion | Rs3.97 Billion | Rs1.38 Billion | Rs130.32 Million | ▼ -11.4 pp |
| 2024 | 43.0% | Rs861.28 Million | Rs2.00 Billion | Rs1.10 Billion | Rs239.90 Million | ▼ -7.7 pp |
| 2023 | 50.7% | Rs714.44 Million | Rs1.41 Billion | Rs1.09 Billion | Rs379.95 Million | ▲ +15.3 pp |
| 2022 | 35.4% | Rs308.24 Million | Rs871.39 Million | Rs728.96 Million | Rs420.72 Million | ▲ +21.5 pp |
| 2021 | 13.8% | Rs79.84 Million | Rs577.23 Million | Rs444.78 Million | Rs364.94 Million | ▼ -7.9 pp |
| 2020 | 21.8% | Rs100.15 Million | Rs459.95 Million | Rs438.41 Million | Rs338.25 Million | — |