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Sona MachineryNSE:SONAMAC -4.15%39 Net-Net Working Capital is ₹2.92 as of Mar. 2026. GuruFocus rates NSE:SONAMAC with a GF Score™ of 39/100. The stock has 7 warning signs investors should review. Among 1,319 Industrial Products companies, Sona Machinery ranks worse than 59.74% 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.
Sona Machinery's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹2.92.
The industry rank for Sona Machinery's Net-Net Working Capital or its related term are showing as below:
NSE:SONAMAC's Price-to-Net-Net-Working-Capital is ranked worse than 59.74% of 1319
companies
in the Industrial Products industry
Industry Median: 8.18
vs NSE:SONAMAC: 11.47
Sona Machinery (NSE:SONAMAC) 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.
Sona Machinery Net-Net Working Capital Related Terms
Sona Machinery Net-Net Working Capital Historical Data
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The historical data trend for Sona Machinery'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.
NSE:SONAMAC vs GEV, ETN, PH: Net-Net Working Capital Comparison
For the Specialty Industrial Machinery subindustry, Sona Machinery'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.
Sona Machinery Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sona Machinery's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Sona Machinery'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 ₹2.92 mean?
Sona Machinery (NSE:SONAMAC) has a Net-Net Working Capital of ₹2.92 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 Sona Machinery According to the industry distribution chart, Sona Machinery ranks #788 out of 1319 companies in the Industrial Products industry, placing it in the top 59.7%.
Is Sona Machinery's Net-Net Working Capital too high?
Sona Machinery's current Net-Net Working Capital is ₹2.92. Based on the distribution chart, Sona Machinery ranks #788 out of 1319 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sona Machinery has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Sona Machinery's Net-Net Working Capital compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sona Machinery ranks #788 out of 1319 companies for Net-Net Working Capital. This places Sona Machinery in the lower half of its industry. The industry median Net-Net Working Capital is 8.18. 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 8.18, based on 1,319 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 Sona Machinery For the Industrial Products industry, the median Net-Net Working Capital is 8.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sona Machinery's current Net-Net Working Capital is ₹2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sona Machinery stock overvalued right now?
Sona Machinery (NSE:SONAMAC) has a current Net-Net Working Capital of ₹2.92. The current Net-Net Working Capital is ₹2.92. Sona Machinery's overall GF Score™ is 39/100 with 7 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 Sona Machinery (NSE:SONAMAC), the current Net-Net Working Capital is ₹2.92 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.
Sona Machinery Ltd is a diversified agro-processing equipment manufacturer company. It manufactures equipment for the processing of rice, pulses, wheat, spices, Barnyard Millet, etc. The company product portfolio includes Grains Pre Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, Stone Separator Machines, Paddy De-Husker, Husk Aspirator, Rice Thick/Thin Grader, Rice Whitener, Silky Polisher, Multi Grader, Length Grader, Belt Conveyer, Bucket Elevator, etc. along with the complete projects for rice mills and ethanol distilleries. Its services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section which includes grain unloading and milling solution upto pre-masher for ethanol distilleries, etc.
39GF Score
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