Greenleaf Envirotech (NSE:GREENLEAF) Net-Net Working Capital: ₹14.62 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:GREENLEAF Greenleaf Envirotech Ltd NSE:GREENLEAF
21 GF Score
Price ₹119.65
! 4 Warning Signs
View Full Analysis

What is Greenleaf Envirotech Net-Net Working Capital?

Greenleaf Envirotech NSE:GREENLEAF 21 Net-Net Working Capital is ₹14.62 as of Mar. 2026. GuruFocus rates NSE:GREENLEAF with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 59 Waste Management companies, Greenleaf Envirotech ranks worse than 62.71% 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.

Greenleaf Envirotech's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹14.62.

The industry rank for Greenleaf Envirotech's Net-Net Working Capital or its related term are showing as below:

NSE:GREENLEAF's Price-to-Net-Net-Working-Capital is ranked worse than
62.71% of 59 companies
in the Waste Management industry
Industry Median: 6.68 vs NSE:GREENLEAF: 8.18

Greenleaf Envirotech  (NSE:GREENLEAF) 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.


Greenleaf Envirotech Net-Net Working Capital Related Terms


Greenleaf Envirotech Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Greenleaf Envirotech'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.

Greenleaf Envirotech Net-Net Working Capital Chart

Greenleaf Envirotech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
-8.94 -1.38 3.26 14.62

Greenleaf Envirotech Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital -8.94 -1.38 3.26 14.62

NSE:GREENLEAF vs WM, RSG, WCN: Net-Net Working Capital Comparison

For the Waste Management subindustry, Greenleaf Envirotech'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.


Greenleaf Envirotech Price-to-Net-Net-Working-Capital vs Waste Management Industry

For the Waste Management industry and Industrials sector, Greenleaf Envirotech's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Greenleaf Envirotech's Price-to-Net-Net-Working-Capital falls into.


NSE:GREENLEAF
21GF Score
Greenleaf Envirotech Ltd NSE:GREENLEAF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenleaf Envirotech Net-Net Working Capital Calculation

Greenleaf Envirotech'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)
=(36+0.75 * 388.164+0.5 * 29.485-255.157
-0-0)/5.929
=14.62

Greenleaf Envirotech'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)
=(36+0.75 * 388.164+0.5 * 29.485-255.157
-0-0)/5.929
=14.62

* 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 ₹14.62 mean?
Greenleaf Envirotech (NSE:GREENLEAF) has a Net-Net Working Capital of ₹14.62 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 Greenleaf Envirotech According to the industry distribution chart, Greenleaf Envirotech ranks #37 out of 59 companies in the Waste Management industry, placing it in the top 62.7%.
Is Greenleaf Envirotech's Net-Net Working Capital too high?
Greenleaf Envirotech's current Net-Net Working Capital is ₹14.62. Based on the distribution chart, Greenleaf Envirotech ranks #37 out of 59 companies in the Waste Management industry, which is below the industry midpoint. Overall, Greenleaf Envirotech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Greenleaf Envirotech's Net-Net Working Capital compare to WM and RSG?
According to the Waste Management industry distribution chart, Greenleaf Envirotech ranks #37 out of 59 companies for Net-Net Working Capital. This places Greenleaf Envirotech in the lower half of its industry. The industry median Net-Net Working Capital is 6.68. 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 Waste Management company?
The median Net-Net Working Capital among Waste Management companies is 6.68, based on 59 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 Greenleaf Envirotech For the Waste Management industry, the median Net-Net Working Capital is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenleaf Envirotech's current Net-Net Working Capital is ₹14.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenleaf Envirotech stock overvalued right now?
Greenleaf Envirotech (NSE:GREENLEAF) has a current Net-Net Working Capital of ₹14.62. The current Net-Net Working Capital is ₹14.62. Greenleaf Envirotech's overall GF Score™ is 21/100 with 4 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 Greenleaf Envirotech (NSE:GREENLEAF), the current Net-Net Working Capital is ₹14.62 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.

Greenleaf Envirotech Business Description

Address Singanpore Road, 3rd Floor, Room No. 4, Plot No.27-35, Kankavati Complex, Nandanvan Group Housing Society, Surat, GJ, IND, 395004
Greenleaf Envirotech Ltd is engaged in providing engineering, procurement, construction (EPC) and turnkey solutions for Wastewater Treatment Projects (WWT) specifically in Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs) catering to private and public sectors. Its scope of services covers different stages of the WWT project lifecycle from design engineering, procurement, supply, installation, testing, commissioning and project management. The company also provide operations and maintenance (O&M) and annual maintenance contract (AMC) services for WWT projects on standalone basis. It also provides fire and safety services where the company supply and refill fire extinguisher for its clients.
21GF Score

Get the complete analysis for NSE:GREENLEAF

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

₹119.65
Price