Indo Tech Transformers (NSE:INDOTECH) Net-Net Working Capital: ₹0.00 (As of Jun. 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:INDOTECH Indo Tech Transformers Ltd NSE:INDOTECH
80 GF Score
Price ₹3,742.20
GF Value ₹2,707.94
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Indo Tech Transformers Net-Net Working Capital?

Indo Tech Transformers NSE:INDOTECH -2.82% 80 Net-Net Working Capital is ₹0.00 as of Jun. 2026. GuruFocus rates NSE:INDOTECH with a GF Score™ of 80/100 and a GF Value™ of ₹2,707.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,304 Industrial Products companies, Indo Tech Transformers ranks worse than 81.83% 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.

Indo Tech Transformers's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ₹0.00.

The industry rank for Indo Tech Transformers's Net-Net Working Capital or its related term are showing as below:

NSE:INDOTECH's Price-to-Net-Net-Working-Capital is ranked worse than
81.83% of 1304 companies
in the Industrial Products industry
Industry Median: 8.385 vs NSE:INDOTECH: 32.32

Indo Tech Transformers  (NSE:INDOTECH) 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.


Indo Tech Transformers Net-Net Working Capital Related Terms


Indo Tech Transformers Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Indo Tech Transformers'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.

Indo Tech Transformers Net-Net Working Capital Chart

Indo Tech Transformers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.06 14.95 22.86 64.38 115.76

Indo Tech Transformers Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 103.46 0.00 115.76 0.00

NSE:INDOTECH vs VRT, BE: Net-Net Working Capital Comparison

For the Electrical Equipment & Parts subindustry, Indo Tech Transformers'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.


Indo Tech Transformers Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Indo Tech Transformers's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Indo Tech Transformers's Price-to-Net-Net-Working-Capital falls into.


NSE:INDOTECH
80GF Score
Indo Tech Transformers Ltd NSE:INDOTECH
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Tech Transformers Net-Net Working Capital Calculation

Indo Tech Transformers'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)
=(1147.5+0.75 * 1209.9+0.5 * 1965.8-1808.5
-0-0)/10.620
=115.76

Indo Tech Transformers's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/10.620
=N/A

* 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 ₹0.00 mean?
Indo Tech Transformers (NSE:INDOTECH) has a Net-Net Working Capital of ₹0.00 as of Jun. 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 Indo Tech Transformers According to the industry distribution chart, Indo Tech Transformers ranks #1067 out of 1304 companies in the Industrial Products industry, placing it in the top 81.8%.
Is Indo Tech Transformers' Net-Net Working Capital too high?
Indo Tech Transformers' current Net-Net Working Capital is ₹0.00. Based on the distribution chart, Indo Tech Transformers ranks #1067 out of 1304 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Indo Tech Transformers has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Tech Transformers' Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo Tech Transformers ranks #1067 out of 1304 companies for Net-Net Working Capital. This places Indo Tech Transformers in the lower half of its industry. The industry median Net-Net Working Capital is 8.39. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.39, based on 1,304 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 Indo Tech Transformers For the Industrial Products industry, the median Net-Net Working Capital is 8.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Tech Transformers's current Net-Net Working Capital is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Tech Transformers stock overvalued right now?
Based on GuruFocus' analysis, Indo Tech Transformers (NSE:INDOTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,707.94, compared to a current price of ₹3,742.20 — trading 38.2% above its estimated fair value. The current Net-Net Working Capital is ₹0.00. Indo Tech Transformers' overall GF Score™ is 80/100 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 Indo Tech Transformers (NSE:INDOTECH), the current Net-Net Working Capital is ₹0.00 as of Jun. 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 Indo Tech Transformers (NSE:INDOTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Tech Transformers stock appears to be overvalued. The current stock price of ₹3,742.20 is trading 38.2% above its estimated GF Value™ of ₹2,707.94. GuruFocus considers Indo Tech Transformers to be Significantly Overvalued.

Key valuation signals for NSE:INDOTECH:

  • Net-Net Working Capital: ₹0.00
  • GF Value™: ₹2,707.94 vs. price of ₹3,742.20 (38.2% above fair value)
  • GF Score™: 80/100 with 4 warning signs

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


Indo Tech Transformers Business Description

Other Exchanges 532717:India
Address Survey No.153-210, Near Rajakulam, KM-64, Illuppapattu Village, Kancheepuram, TN, IND, 631561
Indo Tech Transformers Ltd is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers, and various special application transformers, mobile sub-station transformers and sub-stations. The Company has its manufacturing plant located at Kancheepuram in Tamil Nadu. The majority of the geographical revenue of the company is generated in India.
80GF Score

Get the complete analysis for NSE:INDOTECH

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

₹3,742.20
Price
₹2,707.94
GF Value