Tilaknagar Industries Limited (TI) - Net Assets

Latest as of March 2026: Rs29.82 Billion INR ≈ $322.46 Million USD

Based on the latest financial reports, Tilaknagar Industries Limited (TI) has net assets worth Rs29.82 Billion INR (≈ $322.46 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs61.60 Billion ≈ $666.19 Million USD) and total liabilities (Rs31.78 Billion ≈ $343.73 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Tilaknagar Industries Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs29.82 Billion
% of Total Assets	48.4%
Annual Growth Rate	31.87%
5-Year Change	2133.26%
10-Year Change	N/A
Growth Volatility	140.59

Tilaknagar Industries Limited - Net Assets Trend (2006–2026)

This chart illustrates how Tilaknagar Industries Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see TI market cap.

Annual Net Assets for Tilaknagar Industries Limited (2006–2026)

The table below shows the annual net assets of Tilaknagar Industries Limited from 2006 to 2026. Also explore TI net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs29.82 Billion ≈ $322.46 Million	+237.97%
2025-03-31	Rs8.82 Billion ≈ $95.41 Million	+34.92%
2024-03-31	Rs6.54 Billion ≈ $70.72 Million	+119.74%
2023-03-31	Rs2.98 Billion ≈ $32.18 Million	+122.88%
2022-03-31	Rs1.34 Billion ≈ $14.44 Million	+339.62%
2021-03-31	Rs-557.18 Million ≈ $-6.03 Million	-220.72%
2020-03-31	Rs-173.73 Million ≈ $-1.88 Million	+93.95%
2019-03-31	Rs-2.87 Billion ≈ $-31.06 Million	-120.87%
2018-03-31	Rs-1.30 Billion ≈ $-14.06 Million	-464.60%
2017-03-31	Rs-230.32 Million ≈ $-2.49 Million	-109.00%
2016-03-31	Rs2.56 Billion ≈ $27.66 Million	-52.83%
2015-03-31	Rs5.42 Billion ≈ $58.64 Million	-6.98%
2014-03-31	Rs5.83 Billion ≈ $63.04 Million	+9.71%
2013-03-31	Rs5.31 Billion ≈ $57.46 Million	+11.82%
2012-03-31	Rs4.75 Billion ≈ $51.38 Million	+17.00%
2011-03-31	Rs4.06 Billion ≈ $43.91 Million	+100.35%
2010-03-31	Rs2.03 Billion ≈ $21.92 Million	+42.21%
2009-03-31	Rs1.43 Billion ≈ $15.41 Million	+19.81%
2008-03-31	Rs1.19 Billion ≈ $12.86 Million	+511.58%
2007-03-31	Rs194.50 Million ≈ $2.10 Million	+64.90%
2006-03-31	Rs117.95 Million ≈ $1.28 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Tilaknagar Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs2.47 Billion	8.29%
Other Comprehensive Income	Rs27.35 Billion	91.71%
Total Equity	Rs29.82 Billion	100.00%

Tilaknagar Industries Limited Competitors by Market Cap

The table below lists competitors of Tilaknagar Industries Limited ranked by their market capitalization.

Company	Market Cap
Clariane SE PA:CLARI	$1.43 Billion
Scientex Bhd KLSE:4731	$1.43 Billion
Shanghai Qiangsheng Holding Co Ltd SHG:600662	$1.43 Billion
Healthcare Services Group Inc NASDAQ:HCSG	$1.43 Billion
Advtech JSE:ADH	$1.43 Billion
Fsilon Furnishing and Construction Materials Corp SHG:605318	$1.43 Billion
Blackrock Innovation & Growth Trust NYSE:BIGZ	$1.43 Billion
Fangda Special Steel Technology Co Ltd SHG:600507	$1.43 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tilaknagar Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 8,822,464,000 to 29,817,118,000, a change of 20,994,654,000 (238.0%).
Net income of 208,702,000 contributed positively to equity growth.
Dividend payments of 193,047,000 reduced retained earnings.
Share repurchases of 65,775,000 reduced equity.
New share issuances of 20,972,898,000 increased equity.
Other comprehensive income increased equity by 27,087,439,000.
Other factors decreased equity by 27,015,563,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs208.70 Million	+0.7%
Dividends Paid	Rs193.05 Million	-0.65%
Share Repurchases	Rs65.78 Million	-0.22%
Share Issuances	Rs20.97 Billion	+70.34%
Other Comprehensive Income	Rs27.09 Billion	+90.85%
Other Changes	Rs-27.02 Billion	-90.6%
Total Change	Rs-	237.97%

Book Value vs Market Value Analysis

This analysis compares Tilaknagar Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.89x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 218.19x to 3.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs2.44	Rs533.25	x
2007-03-31	Rs3.77	Rs533.25	x
2008-03-31	Rs18.29	Rs533.25	x
2009-03-31	Rs26.32	Rs533.25	x
2010-03-31	Rs33.49	Rs533.25	x
2011-03-31	Rs38.08	Rs533.25	x
2012-03-31	Rs40.52	Rs533.25	x
2013-03-31	Rs42.59	Rs533.25	x
2014-03-31	Rs46.84	Rs533.25	x
2015-03-31	Rs43.58	Rs533.25	x
2016-03-31	Rs20.50	Rs533.25	x
2017-03-31	Rs-1.85	Rs533.25	x
2018-03-31	Rs-10.42	Rs533.25	x
2019-03-31	Rs-22.98	Rs533.25	x
2020-03-31	Rs-1.38	Rs533.25	x
2021-03-31	Rs-4.45	Rs533.25	x
2022-03-31	Rs9.10	Rs533.25	x
2023-03-31	Rs17.00	Rs533.25	x
2024-03-31	Rs33.90	Rs533.25	x
2025-03-31	Rs45.37	Rs533.25	x
2026-03-31	Rs137.15	Rs533.25	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tilaknagar Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 0.70%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.89%
• Asset Turnover: 0.38x
• Equity Multiplier: 2.07x
Recent ROE (0.70%) is below the historical average (6.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	10.24%	1.66%	1.31x	4.69x	Rs286.70K
2007	44.52%	9.61%	1.10x	4.20x	Rs67.15 Million
2008	10.34%	8.45%	0.58x	2.11x	Rs4.00 Million
2009	13.88%	8.11%	0.63x	2.72x	Rs55.27 Million
2010	17.21%	9.03%	0.49x	3.86x	Rs146.22 Million
2011	9.75%	8.45%	0.49x	2.37x	Rs-10.32 Million
2012	9.93%	8.61%	0.47x	2.43x	Rs-3.44 Million
2013	11.41%	8.16%	0.52x	2.67x	Rs74.68 Million
2014	-6.89%	-6.34%	0.38x	2.86x	Rs-984.46 Million
2015	-7.41%	-6.34%	0.37x	3.17x	Rs-943.81 Million
2016	-110.15%	-65.21%	0.28x	5.97x	Rs-3.07 Billion
2017	0.00%	-54.27%	0.38x	0.00x	Rs-2.77 Billion
2018	0.00%	-28.49%	0.41x	0.00x	Rs-1.38 Billion
2019	0.00%	-24.12%	0.52x	0.00x	Rs-1.31 Billion
2020	0.00%	41.32%	0.60x	0.00x	Rs2.71 Billion
2021	0.00%	-7.00%	0.54x	0.00x	Rs-328.31 Million
2022	33.84%	5.77%	0.77x	7.59x	Rs318.36 Million
2023	50.37%	12.87%	1.15x	3.40x	Rs1.20 Billion
2024	21.11%	9.90%	1.35x	1.58x	Rs726.22 Million
2025	26.02%	16.01%	1.18x	1.37x	Rs1.41 Billion
2026	0.70%	0.89%	0.38x	2.07x	Rs-2.77 Billion

Industry Comparison

This section compares Tilaknagar Industries Limited's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.

Industry Context

Industry: Beverages - Wineries & Distilleries
Average net assets among peers: $12,883,423,000
Average return on equity (ROE) among peers: 7.86%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tilaknagar Industries Limited (TI)	Rs29.82 Billion	10.24%	1.07x	$1.43 Billion
Allied Blenders & Distillers Ltd (ABDL)	$4.04 Billion	0.37%	4.56x	$1.81 Billion
Associated Alcohols & Breweries Ltd. (ASALCBR)	$398.01 Million	14.14%	1.24x	$153.70 Million
Bcl Industries Limited (BCLIND)	$118.33 Million	5.33%	3.49x	$116.45 Million
Globus Spirits Limited (GLOBUSSPR)	$9.74 Billion	9.90%	0.82x	$281.38 Million
IFB Agro Industries Limited (IFBAGRO)	$3.81 Billion	5.82%	0.16x	$90.79 Million
United Spirits Limited (MCDOWELL-N)	$81.04 Billion	19.52%	0.63x	$11.33 Billion
Ravi Kumar Distilleries Limited (RKDL)	$659.81 Million	5.66%	1.15x	$4.74 Million
Sula Vineyards Limited (SULA)	$3.25 Billion	2.18%	1.37x	$134.33 Million

About Tilaknagar Industries Limited

NSE:TI India Beverages - Wineries & Distilleries

Market Cap

$1.43 Billion

Rs131.80 Billion INR

Market Cap Rank

#7490 Global

#370 in India

Share Price

Rs533.25

Change (1 day)

-0.35%

52-Week Range

Rs388.80 - Rs582.80

All Time High

Rs582.80