Larsen & Toubro Limited (LT) — Net Asset Quality Index
Larsen & Toubro Limited (LT) has a Net Asset Quality Index of 63.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs99.42 Billion minus total liabilities of Rs36.41 Billion yields net assets of Rs63.01 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Larsen & Toubro Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Larsen & Toubro Limited Net Asset Quality Index Over Time (2002–2025)
This chart shows how Larsen & Toubro Limited's Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the index stands at 63.4%, representing net assets of Rs63.01 Billion against total assets of Rs99.42 Billion INR. See working capital to net assets of Larsen & Toubro Limited to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Larsen & Toubro Limited (2002–2025)
The table below presents the year-by-year Net Asset Quality Index for Larsen & Toubro Limited from 2002 to 2025, covering 24 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 Larsen & Toubro Limited stock valuation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 30.4% | Rs1.15 Trillion | Rs3.80 Trillion | Rs2.64 Trillion | ▲ +0.2 pp |
| 2024 | 30.2% | Rs1.03 Trillion | Rs3.40 Trillion | Rs2.37 Trillion | ▼ -1.2 pp |
| 2023 | 31.4% | Rs1.04 Trillion | Rs3.30 Trillion | Rs2.27 Trillion | ▲ +1.6 pp |
| 2022 | 29.8% | Rs953.74 Billion | Rs3.20 Trillion | Rs2.25 Trillion | ▲ +1.6 pp |
| 2021 | 28.2% | Rs879.20 Billion | Rs3.11 Trillion | Rs2.23 Trillion | ▲ +3.5 pp |
| 2020 | 24.7% | Rs762.44 Billion | Rs3.08 Trillion | Rs2.32 Trillion | ▼ 0.0 pp |
| 2019 | 24.8% | Rs692.01 Billion | Rs2.79 Trillion | Rs2.10 Trillion | ▼ -0.2 pp |
| 2018 | 25.0% | Rs612.82 Billion | Rs2.45 Trillion | Rs1.84 Trillion | ▼ -0.4 pp |
| 2017 | 25.4% | Rs537.80 Billion | Rs2.12 Trillion | Rs1.58 Trillion | ▲ +3.1 pp |
| 2016 | 22.3% | Rs507.61 Billion | Rs2.28 Trillion | Rs1.77 Trillion | ▼ -1.3 pp |
| 2015 | 23.6% | Rs459.08 Billion | Rs1.94 Trillion | Rs1.48 Trillion | ▼ -0.4 pp |
| 2014 | 24.1% | Rs408.91 Billion | Rs1.70 Trillion | Rs1.29 Trillion | ▼ -1.5 pp |
| 2013 | 25.5% | Rs365.13 Billion | Rs1.43 Trillion | Rs1.07 Trillion | ▼ -0.7 pp |
| 2012 | 26.2% | Rs311.40 Billion | Rs1.19 Trillion | Rs878.54 Billion | ▼ -1.4 pp |
| 2011 | 27.6% | Rs260.77 Billion | Rs945.78 Billion | Rs685.01 Billion | ▼ -3.5 pp |
| 2010 | 31.1% | Rs220.79 Billion | Rs709.63 Billion | Rs488.85 Billion | ▲ +4.6 pp |
| 2009 | 26.5% | Rs150.46 Billion | Rs568.13 Billion | Rs417.67 Billion | ▼ -2.9 pp |
| 2008 | 29.4% | Rs117.54 Billion | Rs399.98 Billion | Rs282.44 Billion | ▼ -1.0 pp |
| 2007 | 30.4% | Rs75.67 Billion | Rs248.76 Billion | Rs173.09 Billion | ▼ -0.4 pp |
| 2006 | 30.8% | Rs50.71 Billion | Rs164.46 Billion | Rs113.74 Billion | ▲ +4.9 pp |
| 2005 | 25.9% | Rs34.21 Billion | Rs131.82 Billion | Rs97.61 Billion | ▼ -5.0 pp |
| 2004 | 31.0% | Rs27.75 Billion | Rs89.52 Billion | Rs61.77 Billion | ▲ +0.1 pp |
| 2003 | 30.9% | Rs35.63 Billion | Rs115.24 Billion | Rs79.61 Billion | ▼ -0.3 pp |
| 2002 | 31.2% | Rs33.44 Billion | Rs107.02 Billion | Rs73.58 Billion | — |