Onward Technologies Limited (ONWARDTEC) — Net Asset Quality Index
Onward Technologies Limited (ONWARDTEC) has a Net Asset Quality Index of 68.4% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs3.71 Billion minus total liabilities of Rs1.17 Billion yields net assets of Rs2.54 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check ONWARDTEC cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Onward Technologies Limited Net Asset Quality Index Over Time (2006–2026)
This chart shows how Onward Technologies Limited's Net Asset Quality Index has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the index stands at 68.4%, representing net assets of Rs2.54 Billion against total assets of Rs3.71 Billion INR. See Onward Technologies Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Onward Technologies Limited (2006–2026)
The table below presents the year-by-year Net Asset Quality Index for Onward Technologies Limited from 2006 to 2026, covering 21 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 market cap of Onward Technologies Limited.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 68.4% | Rs2.54 Billion | Rs3.71 Billion | Rs1.17 Billion | ▼ -3.1 pp |
| 2025 | 71.5% | Rs2.24 Billion | Rs3.14 Billion | Rs894.54 Million | ▼ -0.7 pp |
| 2024 | 72.2% | Rs2.07 Billion | Rs2.87 Billion | Rs798.09 Million | ▲ +0.4 pp |
| 2023 | 71.8% | Rs1.74 Billion | Rs2.42 Billion | Rs683.84 Million | ▲ +0.6 pp |
| 2022 | 71.1% | Rs1.63 Billion | Rs2.29 Billion | Rs662.31 Million | ▲ +17.0 pp |
| 2021 | 54.1% | Rs744.81 Million | Rs1.38 Billion | Rs632.00 Million | ▲ +4.1 pp |
| 2020 | 50.0% | Rs680.69 Million | Rs1.36 Billion | Rs680.65 Million | ▼ -7.2 pp |
| 2019 | 57.2% | Rs610.20 Million | Rs1.07 Billion | Rs456.44 Million | ▲ +7.8 pp |
| 2018 | 49.4% | Rs498.01 Million | Rs1.01 Billion | Rs509.46 Million | ▲ +6.9 pp |
| 2017 | 42.5% | Rs427.38 Million | Rs1.01 Billion | Rs578.12 Million | ▲ +2.9 pp |
| 2016 | 39.6% | Rs359.33 Million | Rs906.94 Million | Rs547.61 Million | ▲ +3.7 pp |
| 2015 | 36.0% | Rs317.62 Million | Rs883.21 Million | Rs565.58 Million | ▲ +5.3 pp |
| 2014 | 30.7% | Rs263.34 Million | Rs858.41 Million | Rs595.07 Million | ▲ +1.4 pp |
| 2013 | 29.3% | Rs233.03 Million | Rs796.17 Million | Rs563.14 Million | ▲ +3.7 pp |
| 2012 | 25.5% | Rs180.07 Million | Rs704.79 Million | Rs524.73 Million | ▲ +8.1 pp |
| 2011 | 17.4% | Rs102.45 Million | Rs587.23 Million | Rs484.78 Million | ▼ -15.5 pp |
| 2010 | 33.0% | Rs212.26 Million | Rs643.65 Million | Rs431.39 Million | ▲ +0.1 pp |
| 2009 | 32.8% | Rs237.95 Million | Rs724.48 Million | Rs486.53 Million | ▼ -11.5 pp |
| 2008 | 44.3% | Rs362.27 Million | Rs817.14 Million | Rs454.87 Million | ▲ +0.0 pp |
| 2007 | 44.3% | Rs366.59 Million | Rs826.92 Million | Rs460.33 Million | ▼ -4.5 pp |
| 2006 | 48.8% | Rs384.99 Million | Rs788.67 Million | Rs403.68 Million | — |