Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Aditya Birla Capital's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹-1,072.93.
The industry rank for Aditya Birla Capital's Net-Net Working Capital or its related term are showing as below:
NSE:ABCAPITAL's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.29 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Aditya Birla Capital (NSE:ABCAPITAL) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Aditya Birla Capital Net-Net Working Capital Related Terms
Aditya Birla Capital Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Aditya Birla Capital's Net-Net 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.
Aditya Birla Capital Net-Net Working Capital Chart
NSE:ABCAPITAL vs VOYA, FRHC: Net-Net Working Capital Comparison
For the Financial Conglomerates subindustry, Aditya Birla Capital's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Aditya Birla Capital Price-to-Net-Net-Working-Capital vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Aditya Birla Capital's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Aditya Birla Capital's Price-to-Net-Net-Working-Capital falls into.
* 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of ₹-1,072.93 mean?
Aditya Birla Capital (NSE:ABCAPITAL) has a Net-Net Working Capital of ₹-1,072.93 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Aditya Birla Capital According to the industry distribution chart, Aditya Birla Capital ranks #999999 out of 178 companies in the Diversified Financial Services industry.
Is Aditya Birla Capital's Net-Net Working Capital too high?
Aditya Birla Capital's current Net-Net Working Capital is ₹-1,072.93. Based on the distribution chart, Aditya Birla Capital ranks #999999 out of 178 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Aditya Birla Capital has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aditya Birla Capital's Net-Net Working Capital compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Aditya Birla Capital ranks #999999 out of 178 companies for Net-Net Working Capital. This places Aditya Birla Capital in the lower half of its industry. The industry median Net-Net Working Capital is 2.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Diversified Financial Services company?
The median Net-Net Working Capital among Diversified Financial Services companies is 2.29, based on 178 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Aditya Birla Capital For the Diversified Financial Services industry, the median Net-Net Working Capital is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aditya Birla Capital's current Net-Net Working Capital is ₹-1,072.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aditya Birla Capital stock overvalued right now?
Based on GuruFocus' analysis, Aditya Birla Capital (NSE:ABCAPITAL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹267.06, compared to a current price of ₹393.85 — trading 47.5% above its estimated fair value. The current Net-Net Working Capital is ₹-1,072.93. Aditya Birla Capital's overall GF Score™ is 75/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Aditya Birla Capital (NSE:ABCAPITAL), the current Net-Net Working Capital is ₹-1,072.93 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 Aditya Birla Capital (NSE:ABCAPITAL) Overvalued in 2026?
Based on GuruFocus' analysis, Aditya Birla Capital stock appears to be overvalued.
The current stock price of ₹393.85 is trading 47.5% above its estimated GF Value™ of ₹267.06.
GuruFocus considers Aditya Birla Capital to be Significantly Overvalued.
Key valuation signals for NSE:ABCAPITAL:
Net-Net Working Capital: ₹-1,072.93
GF Value™: ₹267.06 vs. price of ₹393.85 (47.5% above fair value)
No single metric tells the full story. See the NSE:ABCAPITAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aditya Birla Capital Ltd is a financial service provider. The company's products include Non-Bank Financial Services, Housing Finance, Life Insurance, Asset Management, General Insurance Broking, Stock and Securities Broking, Health Insurance and Other Financial Services. Its operating segments consist of Lending, and Investing and Others. The Lending segment consists of Loans (personal, business, etc.), loan against property, structured finance, working capital loans, wealth management, distribution of financial products, etc. The Investing and Others segment includes investments in Group companies Geographically, it derives a majority of its revenue from India.
75GF Score
Get the complete analysis for NSE:ABCAPITAL
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ABCAPITAL has been successfully added to your 
