Tirupati Forge Limited (TIRUPATIFL) — Net Asset Quality Index
Tirupati Forge Limited (TIRUPATIFL) has a Net Asset Quality Index of 71.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs1.67 Billion minus total liabilities of Rs472.53 Million yields net assets of Rs1.19 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Tirupati Forge Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tirupati Forge Limited Net Asset Quality Index Over Time (2013–2025)
This chart shows how Tirupati Forge Limited's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the index stands at 71.6%, representing net assets of Rs1.19 Billion against total assets of Rs1.67 Billion INR. Explore how efficiently does Tirupati Forge Limited generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Tirupati Forge Limited (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Tirupati Forge Limited from 2013 to 2025, covering 13 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 Tirupati Forge Limited (TIRUPATIFL) market capitalisation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 73.4% | Rs1.07 Billion | Rs1.46 Billion | Rs388.68 Million | ▲ +6.2 pp |
| 2024 | 67.2% | Rs499.16 Million | Rs743.01 Million | Rs243.85 Million | ▼ -3.5 pp |
| 2023 | 70.7% | Rs362.38 Million | Rs512.85 Million | Rs150.46 Million | ▲ +19.6 pp |
| 2022 | 51.1% | Rs268.10 Million | Rs524.61 Million | Rs256.51 Million | ▼ -10.5 pp |
| 2021 | 61.6% | Rs207.62 Million | Rs336.94 Million | Rs129.32 Million | ▼ -11.2 pp |
| 2020 | 72.8% | Rs185.44 Million | Rs254.59 Million | Rs69.16 Million | ▲ +6.9 pp |
| 2019 | 65.9% | Rs147.16 Million | Rs223.31 Million | Rs76.14 Million | ▼ -16.6 pp |
| 2018 | 82.5% | Rs104.77 Million | Rs126.98 Million | Rs22.21 Million | ▲ +56.6 pp |
| 2017 | 25.9% | Rs26.21 Million | Rs101.28 Million | Rs75.07 Million | ▲ +3.2 pp |
| 2016 | 22.7% | Rs22.02 Million | Rs97.17 Million | Rs75.15 Million | ▲ +8.3 pp |
| 2015 | 14.4% | Rs20.33 Million | Rs141.56 Million | Rs121.24 Million | ▲ +0.9 pp |
| 2014 | 13.5% | Rs13.29 Million | Rs98.69 Million | Rs85.40 Million | ▼ -13.3 pp |
| 2013 | 26.8% | Rs4.85 Million | Rs18.10 Million | Rs13.25 Million | — |