Karnika Industries (NSE:KARNIKA) Change In Working Capital: ₹-193 Mil (TTM As of Mar. 2026)


NSE:KARNIKA Karnika Industries Ltd NSE:KARNIKA
72 GF Score
Price ₹126.00
GF Value ₹195.20
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Karnika Industries Change In Working Capital?

Karnika Industries NSE:KARNIKA -0.75% 72 Change In Working Capital is ₹-193 Mil as of Mar. 2026. GuruFocus rates NSE:KARNIKA with a GF Score™ of 72/100 and a GF Value™ of ₹195.20 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Karnika Industries's change in working capital for the quarter that ended in Mar. 2026 was ₹0 Mil.

Karnika Industries's change in working capital for the fiscal year that ended in Mar. 2026 was ₹-202 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).


Karnika Industries Change In Working Capital Related Terms


Karnika Industries Change In Working Capital Historical Data

* Premium members only.

The historical data trend for Karnika Industries's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Karnika Industries Change In Working Capital Chart

Karnika Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Working Capital
Get a 7-Day Free Trial -239.94 -668.43 -217.22 -169.01 -201.65

Karnika Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Working Capital Get a 7-Day Free Trial Premium Member Only -190.89 -94.34 -74.67 -118.38 0.00
NSE:KARNIKA
72GF Score
Karnika Industries Ltd NSE:KARNIKA
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Karnika Industries Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-193 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Change In Working Capital of ₹-193 Mil mean?
Karnika Industries (NSE:KARNIKA) has a Change In Working Capital of ₹-193 Mil as of Mar. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Karnika Industries.
Is Karnika Industries' Change In Working Capital too high?
Karnika Industries' current Change In Working Capital is ₹-193 Mil. Overall, Karnika Industries has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karnika Industries' Change In Working Capital compare to RL and LEVI?
Karnika Industries' Change In Working Capital of ₹-193 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a Manufacturing - Apparel & Accessories company?
A good Change In Working Capital depends on the Manufacturing - Apparel & Accessories industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Karnika Industries. Karnika Industries's current Change In Working Capital is ₹-193 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnika Industries stock overvalued right now?
Based on GuruFocus' analysis, Karnika Industries (NSE:KARNIKA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹195.20, compared to a current price of ₹126.00 — trading 35.5% below its estimated fair value. The current Change In Working Capital is ₹-193 Mil. Karnika Industries' overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Karnika Industries (NSE:KARNIKA), the current Change In Working Capital is ₹-193 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Karnika Industries (NSE:KARNIKA) Overvalued in 2026?

Based on GuruFocus' analysis, Karnika Industries stock appears to be undervalued. The current stock price of ₹126.00 is trading 35.5% below its estimated GF Value™ of ₹195.20. GuruFocus considers Karnika Industries to be Significantly Undervalued.

Key valuation signals for NSE:KARNIKA:

  • Change In Working Capital: ₹-193 Mil
  • GF Value™: ₹195.20 vs. price of ₹126.00 (35.5% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the NSE:KARNIKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Karnika Industries Business Description

Address Gurgola Ghat Road P.O. Salkia Howrah, 6&6/1, Kolkata, WB, IND, 711106
Karnika Industries Ltd is a certified manufacturer, trader, and exporter of garments. It manufactures all types of kids' wear through job work, i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pyjamas, winter wear, infant wear, etc. It has constructed well-established manufacturing units for designing, preparing the sample, quality inspection, ironing, and packing of Garments. The company manufactures, through job work, all types of kids' wear such as shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear, etc.
72GF Score

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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹126.00
Price
₹195.20
GF Value