VST Industries Limited (VSTIND) — Working Capital to Net Assets Ratio
VST Industries Limited (VSTIND) has a Working Capital to Net Assets ratio of 81.5% as of March 2026. Working capital of Rs11.79 Billion (current assets of Rs17.24 Billion minus current liabilities of Rs5.45 Billion) is measured against net assets of Rs14.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See VSTIND free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
VST Industries Limited Working Capital to Net Assets (2005–2026)
This chart shows how VST Industries Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 81.5%, reflecting working capital of Rs11.79 Billion against net assets of Rs14.46 Billion INR. See operational self-sufficiency of VST Industries Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for VST Industries Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for VST Industries Limited from 2005 to 2026, covering 22 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 VST Industries Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 81.5% | Rs11.79 Billion | Rs14.46 Billion | Rs17.24 Billion | Rs5.45 Billion | ▲ +19.7 pp |
| 2025 | 61.9% | Rs8.18 Billion | Rs13.23 Billion | Rs12.88 Billion | Rs4.70 Billion | ▲ +2.6 pp |
| 2024 | 59.3% | Rs7.42 Billion | Rs12.52 Billion | Rs11.88 Billion | Rs4.46 Billion | ▲ +27.1 pp |
| 2023 | 32.2% | Rs3.80 Billion | Rs11.80 Billion | Rs8.32 Billion | Rs4.52 Billion | ▼ -28.2 pp |
| 2022 | 60.4% | Rs6.49 Billion | Rs10.74 Billion | Rs11.42 Billion | Rs4.93 Billion | ▼ -17.0 pp |
| 2021 | 77.4% | Rs7.27 Billion | Rs9.40 Billion | Rs12.51 Billion | Rs5.23 Billion | ▲ +4.5 pp |
| 2020 | 72.9% | Rs5.74 Billion | Rs7.87 Billion | Rs11.64 Billion | Rs5.90 Billion | ▲ +7.5 pp |
| 2019 | 65.4% | Rs4.34 Billion | Rs6.64 Billion | Rs9.59 Billion | Rs5.24 Billion | ▲ +7.5 pp |
| 2018 | 57.9% | Rs3.37 Billion | Rs5.82 Billion | Rs8.05 Billion | Rs4.68 Billion | ▲ +2.2 pp |
| 2017 | 55.6% | Rs2.99 Billion | Rs5.37 Billion | Rs5.47 Billion | Rs2.48 Billion | ▲ +18.7 pp |
| 2016 | 36.9% | Rs1.37 Billion | Rs3.70 Billion | Rs5.84 Billion | Rs4.47 Billion | ▼ -2.8 pp |
| 2015 | 39.7% | Rs1.38 Billion | Rs3.47 Billion | Rs6.11 Billion | Rs4.73 Billion | ▲ +7.1 pp |
| 2014 | 32.6% | Rs1.07 Billion | Rs3.28 Billion | Rs5.31 Billion | Rs4.24 Billion | ▼ -2.4 pp |
| 2013 | 35.0% | Rs1.07 Billion | Rs3.04 Billion | Rs5.46 Billion | Rs4.39 Billion | ▲ +4.9 pp |
| 2012 | 30.1% | Rs874.83 Million | Rs2.90 Billion | Rs5.08 Billion | Rs4.21 Billion | ▲ +60.3 pp |
| 2011 | -30.2% | Rs-797.54 Million | Rs2.64 Billion | Rs2.94 Billion | Rs3.74 Billion | ▲ +7.5 pp |
| 2010 | -37.7% | Rs-943.16 Million | Rs2.50 Billion | Rs2.15 Billion | Rs3.10 Billion | ▲ +0.3 pp |
| 2009 | -38.0% | Rs-921.01 Million | Rs2.42 Billion | Rs1.67 Billion | Rs2.59 Billion | ▲ +13.4 pp |
| 2008 | -51.4% | Rs-1.21 Billion | Rs2.35 Billion | Rs982.97 Million | Rs2.19 Billion | ▼ -13.5 pp |
| 2007 | -37.8% | Rs-805.71 Million | Rs2.13 Billion | Rs1.11 Billion | Rs1.91 Billion | ▼ -5.9 pp |
| 2006 | -32.0% | Rs-619.92 Million | Rs1.94 Billion | Rs808.99 Million | Rs1.43 Billion | ▼ -17.6 pp |
| 2005 | -14.4% | Rs-246.57 Million | Rs1.72 Billion | Rs1.11 Billion | Rs1.35 Billion | — |