Knack Packaging (NSE:KNACK) Net-Net Working Capital: ₹-9.61 (As of Mar. 2026)

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NSE:KNACK Knack Packaging Ltd NSE:KNACK
22 GF Score
Price ₹182.10
! 2 Warning Signs
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What is Knack Packaging Net-Net Working Capital?

Knack Packaging NSE:KNACK -0.98% 22 Net-Net Working Capital is ₹-9.61 as of Mar. 2026. GuruFocus rates NSE:KNACK with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 130 Packaging & Containers companies, Knack Packaging ranks worse than 769230% 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.

Knack Packaging's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹-9.61.

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

NSE:KNACK's Price-to-Net-Net-Working-Capital is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.01
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Knack Packaging  (NSE:KNACK) 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.


Knack Packaging Net-Net Working Capital Related Terms


Knack Packaging Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Knack Packaging'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.

Knack Packaging Net-Net Working Capital Chart

Knack Packaging Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
-7.07 -8.71 -7.08 -9.61

Knack Packaging Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital -7.07 -8.71 -7.08 -9.61

NSE:KNACK vs SW, AMCR, PKG: Net-Net Working Capital Comparison

For the Packaging & Containers subindustry, Knack Packaging'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.


Knack Packaging Price-to-Net-Net-Working-Capital vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Knack Packaging's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


NSE:KNACK
22GF Score
Knack Packaging Ltd NSE:KNACK
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Knack Packaging Net-Net Working Capital Calculation

Knack Packaging'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)
=(61.31+0.75 * 1382.99+0.5 * 1193.23-2870.63
-0-0)/122.365
=-9.61

Knack Packaging'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)
=(61.31+0.75 * 1382.99+0.5 * 1193.23-2870.63
-0-0)/122.365
=-9.61

* 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 ₹-9.61 mean?
Knack Packaging (NSE:KNACK) has a Net-Net Working Capital of ₹-9.61 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 Knack Packaging According to the industry distribution chart, Knack Packaging ranks #999999 out of 130 companies in the Packaging & Containers industry.
Is Knack Packaging's Net-Net Working Capital too high?
Knack Packaging's current Net-Net Working Capital is ₹-9.61. Based on the distribution chart, Knack Packaging ranks #999999 out of 130 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Knack Packaging has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Knack Packaging's Net-Net Working Capital compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Knack Packaging ranks #999999 out of 130 companies for Net-Net Working Capital. This places Knack Packaging in the lower half of its industry. The industry median Net-Net Working Capital is 6.01. 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 Packaging & Containers company?
The median Net-Net Working Capital among Packaging & Containers companies is 6.01, based on 130 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 Knack Packaging For the Packaging & Containers industry, the median Net-Net Working Capital is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knack Packaging's current Net-Net Working Capital is ₹-9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knack Packaging stock overvalued right now?
Knack Packaging (NSE:KNACK) has a current Net-Net Working Capital of ₹-9.61. The current Net-Net Working Capital is ₹-9.61. Knack Packaging's overall GF Score™ is 22/100 with 2 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 Knack Packaging (NSE:KNACK), the current Net-Net Working Capital is ₹-9.61 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.

Knack Packaging Business Description

Other Exchanges 544814:India
Address Satadhar Cross Road, 330/A, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061
Knack Packaging Ltd is an integrated packaging solutions provider engaged in the manufacturing of printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags. It serves various industries including grains and pulses - rice, dal, lentils, etc., flour & spices, sugar, salts, fruits & nuts, animal & pet foods,agriculture, seeds, charcoal, detergents powders & granules, fertilizers, chemicals, cement, tile adhesives, building materials, mineral bags, etc. The company also provides additional packaging features such as circular & back seam construction, half, full & register window, zig-zag cut, heatcut & bladecut, etc. The majority of the company's revenue is derived from the Printed And Laminated Woven PP Bags.
22GF Score

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₹182.10
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