Azad Engineering Limited (AZAD) — Tangible Net Worth Ratio
Azad Engineering Limited (AZAD) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (Rs0.00) from net assets (Rs15.29 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore AZAD net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Azad Engineering Limited Tangible Net Worth Ratio (2021–2026)
This chart shows how Azad Engineering Limited's Tangible Net Worth Ratio has changed across 6 annual periods from 2021 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of Rs15.29 Billion with intangible assets of Rs0.00 INR. For live market cap and overall valuation, see AZAD market cap.
Annual Tangible Net Worth Ratio for Azad Engineering Limited (2021–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Azad Engineering Limited from 2021 to 2026, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore AZAD capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | Rs15.29 Billion | Rs0.00 | Rs22.00 Billion | ▲ +0.0 pp |
| 2025 | 100.0% | Rs13.93 Billion | Rs0.00 | Rs18.61 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | Rs6.45 Billion | Rs0.00 | Rs7.97 Billion | ▲ +3.2 pp |
| 2023 | 96.8% | Rs2.04 Billion | Rs65.48 Million | Rs5.89 Billion | ▲ +2.3 pp |
| 2022 | 94.5% | Rs1.20 Billion | Rs66.56 Million | Rs4.04 Billion | ▼ -1.3 pp |
| 2021 | 95.8% | Rs908.92 Million | Rs38.35 Million | Rs2.56 Billion | — |