Abha Power and Steel (NSE:ABHAPOWER) Net-Net Working Capital: ₹-6.26 (As of Mar. 2026)

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NSE:ABHAPOWER Abha Power and Steel Ltd NSE:ABHAPOWER
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What is Abha Power and Steel Net-Net Working Capital?

Abha Power and Steel NSE:ABHAPOWER +2.08% 13 Net-Net Working Capital is ₹-6.26 as of Mar. 2026. GuruFocus rates NSE:ABHAPOWER with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 172 Steel companies, Abha Power and Steel ranks worse than 581394.77% on this metric.

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.

Abha Power and Steel's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹-6.26.

The industry rank for Abha Power and Steel's Net-Net Working Capital or its related term are showing as below:

NSE:ABHAPOWER's Price-to-Net-Net-Working-Capital is not ranked *
in the Steel industry.
Industry Median: 4.595
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Abha Power and Steel  (NSE:ABHAPOWER) 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.


Abha Power and Steel Net-Net Working Capital Related Terms


Abha Power and Steel Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Abha Power and Steel'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.

Abha Power and Steel Net-Net Working Capital Chart

Abha Power and Steel Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
-6.73 -9.08 -7.64 3.48 -6.24

Abha Power and Steel Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial -7.64 0.00 3.48 -1.02 -6.26

NSE:ABHAPOWER vs NUE, STLD, RS: Net-Net Working Capital Comparison

For the Steel subindustry, Abha Power and Steel'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.


Abha Power and Steel Price-to-Net-Net-Working-Capital vs Steel Industry

For the Steel industry and Basic Materials sector, Abha Power and Steel's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Abha Power and Steel's Price-to-Net-Net-Working-Capital falls into.


NSE:ABHAPOWER
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Abha Power and Steel Ltd NSE:ABHAPOWER
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Abha Power and Steel Net-Net Working Capital Calculation

Abha Power and Steel's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.833+0.75 * 107.015+0.5 * 250.475-322.633
-0-0)/18.639
=-6.24

Abha Power and Steel's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.833+0.75 * 107.015+0.5 * 250.475-322.633
-0-0)/18.591
=-6.26

* 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 ₹-6.26 mean?
Abha Power and Steel (NSE:ABHAPOWER) has a Net-Net Working Capital of ₹-6.26 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 Abha Power and Steel According to the industry distribution chart, Abha Power and Steel ranks #999999 out of 172 companies in the Steel industry.
Is Abha Power and Steel's Net-Net Working Capital too high?
Abha Power and Steel's current Net-Net Working Capital is ₹-6.26. Based on the distribution chart, Abha Power and Steel ranks #999999 out of 172 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Abha Power and Steel has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Abha Power and Steel's Net-Net Working Capital compare to NUE and STLD?
According to the Steel industry distribution chart, Abha Power and Steel ranks #999999 out of 172 companies for Net-Net Working Capital. This places Abha Power and Steel in the lower half of its industry. The industry median Net-Net Working Capital is 4.60. 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 Steel company?
The median Net-Net Working Capital among Steel companies is 4.60, based on 172 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 Abha Power and Steel For the Steel industry, the median Net-Net Working Capital is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abha Power and Steel's current Net-Net Working Capital is ₹-6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abha Power and Steel stock overvalued right now?
Abha Power and Steel (NSE:ABHAPOWER) has a current Net-Net Working Capital of ₹-6.26. The current Net-Net Working Capital is ₹-6.26. Abha Power and Steel's overall GF Score™ is 13/100 with 3 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 Abha Power and Steel (NSE:ABHAPOWER), the current Net-Net Working Capital is ₹-6.26 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.

Abha Power and Steel Business Description

Address Silpahri Industrial State, Hardikala, Bilaspur, CT, IND, 495001
Abha Power and Steel Ltd is engaged in the business of iron and steel foundry, particularly in casting and manufacturing customized products in mostly all grades of iron and steel. Its versatile product portfolio covers all grades of mild steel, spheroidal graphite cast iron, manganese steel, stainless steel, low alloy and high alloy castings (high CR & high Ni), HRCS & WRCS, from as small as 0.5 Kgs to 6 Tonnes single finished casting.
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