This study examines the effectiveness of working capital management in Texmo Pipes and Products Ltd., a leading manufacturer in the Indian plastic piping industry. Efficient working capital management is essential for maintaining liquidity, operational efficiency, and profitability. The research focuses on analyzing key components such as inventory management, receivables, payables, and cash management over a defined period. Financial ratios and trend analysis are employed to assess the company’s short-term financial health and ability to meet its operational obligations. The study reveals how the company balances current assets and current liabilities to ensure smooth business operations while minimizing the cost of capital. Findings indicate areas of strength and suggest improvements in credit policy and inventory turnover to optimize overall working capital efficiency. This analysis offers insights for financial managers and stakeholders aiming to enhance financial performance through strategic working capital decisions.