Bharat Gears Limited (BHARATGEAR) — Tangible Net Worth Ratio
Bharat Gears Limited (BHARATGEAR) has a Tangible Net Worth Ratio of 99.0% as of March 2026. This metric is calculated by deducting intangible assets (Rs12.59 Million) from net assets (Rs1.31 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 BHARATGEAR book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bharat Gears Limited Tangible Net Worth Ratio (2006–2026)
This chart shows how Bharat Gears Limited's Tangible Net Worth Ratio has changed across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 99.0%, reflecting net assets of Rs1.31 Billion with intangible assets of Rs12.59 Million INR. Also explore Bharat Gears Limited annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Bharat Gears Limited (2006–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Bharat Gears Limited from 2006 to 2026, covering 21 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 Bharat Gears Limited market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 99.0% | Rs1.31 Billion | Rs12.59 Million | Rs4.01 Billion | ▲ +0.1 pp |
| 2025 | 99.0% | Rs1.13 Billion | Rs11.72 Million | Rs3.64 Billion | ▼ -0.4 pp |
| 2024 | 99.4% | Rs1.11 Billion | Rs6.61 Million | Rs3.85 Billion | ▲ +0.0 pp |
| 2023 | 99.4% | Rs1.21 Billion | Rs7.66 Million | Rs4.07 Billion | ▲ +0.1 pp |
| 2022 | 99.2% | Rs1.08 Billion | Rs8.17 Million | Rs4.04 Billion | ▲ +0.7 pp |
| 2021 | 98.6% | Rs738.13 Million | Rs10.66 Million | Rs3.84 Billion | ▲ +0.2 pp |
| 2020 | 98.4% | Rs795.74 Million | Rs12.73 Million | Rs3.74 Billion | ▲ +0.1 pp |
| 2019 | 98.3% | Rs884.95 Million | Rs15.00 Million | Rs4.20 Billion | ▼ -0.4 pp |
| 2018 | 98.7% | Rs778.22 Million | Rs10.02 Million | Rs3.66 Billion | ▲ +0.5 pp |
| 2017 | 98.2% | Rs664.75 Million | Rs11.66 Million | Rs2.91 Billion | ▲ +0.2 pp |
| 2016 | 98.0% | Rs709.19 Million | Rs14.13 Million | Rs2.68 Billion | ▲ +0.6 pp |
| 2015 | 97.4% | Rs706.79 Million | Rs18.61 Million | Rs2.95 Billion | ▼ -0.8 pp |
| 2014 | 98.2% | Rs758.48 Million | Rs13.94 Million | Rs2.91 Billion | ▼ -1.1 pp |
| 2013 | 99.3% | Rs762.53 Million | Rs5.32 Million | Rs2.66 Billion | ▲ +0.3 pp |
| 2012 | 99.0% | Rs730.39 Million | Rs7.02 Million | Rs2.49 Billion | ▲ +120.8 pp |
| 2011 | -21.7% | Rs590.89 Million | Rs719.39 Million | Rs2.25 Billion | ▼ -10.4 pp |
| 2010 | -11.4% | Rs521.71 Million | Rs581.11 Million | Rs1.71 Billion | ▲ +7.0 pp |
| 2009 | -18.4% | Rs475.08 Million | Rs562.44 Million | Rs1.67 Billion | ▲ +30.3 pp |
| 2008 | -48.7% | Rs447.66 Million | Rs665.48 Million | Rs1.70 Billion | ▼ -3.9 pp |
| 2007 | -44.7% | Rs393.44 Million | Rs569.47 Million | Rs1.71 Billion | ▼ -144.7 pp |
| 2006 | 100.0% | Rs249.85 Million | Rs0.00 | Rs1.56 Billion | — |