Azad Engineering Limited (AZAD) — Net Asset Quality Index
Azad Engineering Limited (AZAD) has a Net Asset Quality Index of 69.5% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs22.00 Billion minus total liabilities of Rs6.71 Billion yields net assets of Rs15.29 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Azad Engineering Limited (AZAD) liquidity interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Azad Engineering Limited Net Asset Quality Index Over Time (2021–2026)
This chart shows how Azad Engineering Limited's Net Asset Quality Index has evolved across 6 annual periods from 2021 to 2026. As of March 2026, the index stands at 69.5%, representing net assets of Rs15.29 Billion against total assets of Rs22.00 Billion INR. Explore Azad Engineering Limited cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Azad Engineering Limited (2021–2026)
The table below presents the year-by-year Net Asset Quality Index for Azad Engineering Limited from 2021 to 2026, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Azad Engineering Limited market cap and net worth.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 69.5% | Rs15.29 Billion | Rs22.00 Billion | Rs6.71 Billion | ▼ -5.4 pp |
| 2025 | 74.9% | Rs13.93 Billion | Rs18.61 Billion | Rs4.68 Billion | ▼ -6.1 pp |
| 2024 | 80.9% | Rs6.45 Billion | Rs7.97 Billion | Rs1.52 Billion | ▲ +46.3 pp |
| 2023 | 34.6% | Rs2.04 Billion | Rs5.89 Billion | Rs3.85 Billion | ▲ +4.9 pp |
| 2022 | 29.7% | Rs1.20 Billion | Rs4.04 Billion | Rs2.84 Billion | ▼ -5.8 pp |
| 2021 | 35.5% | Rs908.92 Million | Rs2.56 Billion | Rs1.65 Billion | — |