UltraTech Cement Limited (ULTRACEMCO) — Net Asset Quality Index
UltraTech Cement Limited (ULTRACEMCO) has a Net Asset Quality Index of 55.3% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs1.37 Trillion minus total liabilities of Rs613.38 Billion yields net assets of Rs759.67 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check ULTRACEMCO cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
UltraTech Cement Limited Net Asset Quality Index Over Time (2005–2025)
This chart shows how UltraTech Cement Limited's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the index stands at 55.3%, representing net assets of Rs759.67 Billion against total assets of Rs1.37 Trillion INR. See ULTRACEMCO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for UltraTech Cement Limited (2005–2025)
The table below presents the year-by-year Net Asset Quality Index for UltraTech Cement Limited from 2005 to 2025, 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 ULTRACEMCO market cap.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 55.3% | Rs738.93 Billion | Rs1.34 Trillion | Rs598.04 Billion | ▼ -4.5 pp |
| 2024 | 59.8% | Rs602.83 Billion | Rs1.01 Trillion | Rs405.19 Billion | ▲ +0.4 pp |
| 2023 | 59.4% | Rs542.69 Billion | Rs913.87 Billion | Rs371.18 Billion | ▼ -0.8 pp |
| 2022 | 60.2% | Rs504.32 Billion | Rs838.28 Billion | Rs333.96 Billion | ▲ +8.9 pp |
| 2021 | 51.3% | Rs441.80 Billion | Rs861.84 Billion | Rs420.03 Billion | ▲ +2.0 pp |
| 2020 | 49.3% | Rs391.23 Billion | Rs793.37 Billion | Rs402.14 Billion | ▲ +5.3 pp |
| 2019 | 44.0% | Rs284.01 Billion | Rs645.36 Billion | Rs361.35 Billion | ▼ -2.2 pp |
| 2018 | 46.2% | Rs263.97 Billion | Rs571.58 Billion | Rs307.60 Billion | ▼ -11.6 pp |
| 2017 | 57.8% | Rs244.01 Billion | Rs422.19 Billion | Rs178.17 Billion | ▲ +6.1 pp |
| 2016 | 51.7% | Rs210.74 Billion | Rs407.67 Billion | Rs196.93 Billion | ▲ +1.6 pp |
| 2015 | 50.1% | Rs190.59 Billion | Rs380.63 Billion | Rs190.04 Billion | ▼ -3.4 pp |
| 2014 | 53.4% | Rs171.99 Billion | Rs321.93 Billion | Rs149.94 Billion | ▲ +1.7 pp |
| 2013 | 51.7% | Rs153.08 Billion | Rs295.90 Billion | Rs142.82 Billion | ▼ 0.0 pp |
| 2012 | 51.8% | Rs128.87 Billion | Rs249.02 Billion | Rs120.15 Billion | ▲ +2.2 pp |
| 2011 | 49.5% | Rs107.12 Billion | Rs216.30 Billion | Rs109.18 Billion | ▼ -5.7 pp |
| 2010 | 55.2% | Rs46.27 Billion | Rs83.75 Billion | Rs37.48 Billion | ▲ +8.5 pp |
| 2009 | 46.7% | Rs36.18 Billion | Rs77.40 Billion | Rs41.22 Billion | ▲ +3.6 pp |
| 2008 | 43.2% | Rs27.08 Billion | Rs62.75 Billion | Rs35.67 Billion | ▲ +5.2 pp |
| 2007 | 38.0% | Rs17.74 Billion | Rs46.72 Billion | Rs28.98 Billion | ▲ +9.2 pp |
| 2006 | 28.8% | Rs10.46 Billion | Rs36.35 Billion | Rs25.89 Billion | ▲ +1.4 pp |
| 2005 | 27.4% | Rs9.78 Billion | Rs35.74 Billion | Rs25.96 Billion | — |