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Polysil Irrigation SystemsNSE:POLYSIL +4.94%6 Net-Net Working Capital is ₹-16.90 as of Mar. 2025. GuruFocus rates NSE:POLYSIL with a GF Score™ of 6/100. The stock has 10 warning signs investors should review. Among 1,320 Industrial Products companies, Polysil Irrigation Systems ranks worse than 75757.5% 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.
Polysil Irrigation Systems's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-16.90.
The industry rank for Polysil Irrigation Systems's Net-Net Working Capital or its related term are showing as below:
NSE:POLYSIL's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.355 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Polysil Irrigation Systems (NSE:POLYSIL) 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.
Polysil Irrigation Systems Net-Net Working Capital Related Terms
Polysil Irrigation Systems Net-Net Working Capital Historical Data
* 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.
Polysil Irrigation Systems Net-Net Working Capital Chart
Polysil Irrigation Systems Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Net-Net Working Capital
-7.51
-8.79
-10.44
-8.66
-16.90
Polysil Irrigation Systems Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Net-Net Working Capital
-7.51
-8.79
-10.44
-8.66
-16.90
NSE:POLYSIL vs GEV, ETN, PH: Net-Net Working Capital Comparison
For the Specialty Industrial Machinery subindustry, Polysil Irrigation Systems'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.
Polysil Irrigation Systems Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polysil Irrigation Systems's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Polysil Irrigation Systems'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 ₹-16.90 mean?
Polysil Irrigation Systems (NSE:POLYSIL) has a Net-Net Working Capital of ₹-16.90 as of Mar. 2025. 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 Polysil Irrigation Systems According to the industry distribution chart, Polysil Irrigation Systems ranks #999999 out of 1320 companies in the Industrial Products industry.
Is Polysil Irrigation Systems' Net-Net Working Capital too high?
Polysil Irrigation Systems' current Net-Net Working Capital is ₹-16.90. Based on the distribution chart, Polysil Irrigation Systems ranks #999999 out of 1320 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Polysil Irrigation Systems has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Polysil Irrigation Systems' Net-Net Working Capital compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Polysil Irrigation Systems ranks #999999 out of 1320 companies for Net-Net Working Capital. This places Polysil Irrigation Systems in the lower half of its industry. The industry median Net-Net Working Capital is 8.36. 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 8.36, based on 1,320 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 Polysil Irrigation Systems For the Industrial Products industry, the median Net-Net Working Capital is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polysil Irrigation Systems's current Net-Net Working Capital is ₹-16.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polysil Irrigation Systems stock overvalued right now?
Polysil Irrigation Systems (NSE:POLYSIL) has a current Net-Net Working Capital of ₹-16.90. The current Net-Net Working Capital is ₹-16.90. Polysil Irrigation Systems' overall GF Score™ is 6/100 with 10 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 Polysil Irrigation Systems (NSE:POLYSIL), the current Net-Net Working Capital is ₹-16.90 as of Mar. 2025. 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.
Polysil Irrigation Systems Ltd is an integrated player within the drip irrigation and sprinkler irrigation sectors, with a presence in the micro irrigation industry. Its product range includes HDPE Pipes, pipe fittings, and irrigation equipment, including disc filters, screen filters, hydro-cyclone filters, sand filters, compression fittings, valves, fertilizer tanks, digital controllers, pressure gauges, etc. These products are sold under the brand Polysil. The company sells its products through institutional markets and open market sales. It has one segment, which is High-Density Polyethylene Pipe (HDPE)/Linear Low Density Polyethylene Pipe (LLDPE)/Low Density Polyethylene Pipe (LDPE) and Micro irrigation Systems. Geographically, the company operates across different regions in India.
6GF Score
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