Bajaj Auto Limited (BAJAJ-AUTO) — Tangible Net Worth Ratio
Bajaj Auto Limited (BAJAJ-AUTO) has a Tangible Net Worth Ratio of 86.1% as of March 2026. This metric is calculated by deducting intangible assets (Rs55.86 Billion) from net assets (Rs402.46 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. See how liquid is Bajaj Auto Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bajaj Auto Limited Tangible Net Worth Ratio (2004–2026)
This chart shows how Bajaj Auto Limited's Tangible Net Worth Ratio has changed across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 86.1%, reflecting net assets of Rs402.46 Billion with intangible assets of Rs55.86 Billion INR. See defensive interval ratio of Bajaj Auto Limited to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Bajaj Auto Limited (2004–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Bajaj Auto Limited from 2004 to 2026, covering 23 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. For the full company profile including market capitalisation, see BAJAJ-AUTO market cap overview.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 86.1% | Rs402.46 Billion | Rs55.86 Billion | Rs772.23 Billion | ▼ -13.7 pp |
| 2025 | 99.8% | Rs352.17 Billion | Rs716.70 Million | Rs541.99 Billion | ▼ -0.1 pp |
| 2024 | 99.9% | Rs289.62 Billion | Rs278.80 Million | Rs393.44 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | Rs293.62 Billion | Rs307.00 Million | Rs351.36 Billion | ▼ 0.0 pp |
| 2022 | 99.9% | Rs298.60 Billion | Rs253.20 Million | Rs351.11 Billion | ▲ +0.1 pp |
| 2021 | 99.8% | Rs272.73 Billion | Rs473.00 Million | Rs336.02 Billion | ▲ +0.1 pp |
| 2020 | 99.7% | Rs216.62 Billion | Rs567.40 Million | Rs265.10 Billion | ▼ 0.0 pp |
| 2019 | 99.8% | Rs232.34 Billion | Rs562.30 Million | Rs288.34 Billion | ▼ 0.0 pp |
| 2018 | 99.8% | Rs204.25 Billion | Rs453.20 Million | Rs251.41 Billion | ▲ +0.2 pp |
| 2017 | 99.6% | Rs178.57 Billion | Rs761.80 Million | Rs216.38 Billion | ▲ +0.5 pp |
| 2016 | 99.1% | Rs130.45 Billion | Rs1.15 Billion | Rs164.27 Billion | ▲ +0.5 pp |
| 2015 | 98.6% | Rs110.95 Billion | Rs1.53 Billion | Rs159.66 Billion | ▼ -0.3 pp |
| 2014 | 98.9% | Rs101.67 Billion | Rs1.12 Billion | Rs153.08 Billion | ▼ -0.2 pp |
| 2013 | 99.1% | Rs80.65 Billion | Rs702.60 Million | Rs126.76 Billion | ▼ -0.3 pp |
| 2012 | 99.5% | Rs60.82 Billion | Rs320.20 Million | Rs111.62 Billion | ▼ -0.5 pp |
| 2011 | 100.0% | Rs48.08 Billion | Rs0.00 | Rs91.52 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | Rs27.17 Billion | Rs0.00 | Rs83.61 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | Rs18.13 Billion | Rs0.00 | Rs58.70 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | Rs16.24 Billion | Rs0.00 | Rs48.65 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | Rs63.71 Billion | Rs0.00 | Rs205.78 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | Rs53.50 Billion | Rs0.00 | Rs146.80 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | Rs44.47 Billion | Rs0.00 | Rs101.01 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | Rs38.75 Billion | Rs0.00 | Rs77.20 Billion | — |