The purpose of the present study is to conduct comparative analysis between working capital of ITC Limited and HUL limited. The data for the present study was taken from the published annual report of both organizations. Total five years of data from 2019 to 2023 taken as sample. In the process of data analysis person correlation has been applied to compute current liabilities, current assets and working capital of the both companies. The findings of the study explored that there is a significant difference between current status of working capital between both companies.