Elgi Rubber Company Limited (ELGIRUBCO) — Tangible Net Worth Ratio

Latest as of March 2026: 98.9%

Elgi Rubber Company Limited (ELGIRUBCO) has a Tangible Net Worth Ratio of 98.9% as of March 2026. This metric is calculated by deducting intangible assets (Rs8.63 Million) from net assets (Rs756.93 Million) 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 net asset growth rate of Elgi Rubber Company Limited to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

98.9%
Tangible equity / total equity

Net Assets (Equity)

Rs756.93 Million
INR

Intangible Assets

Rs8.63 Million
Goodwill, patents, brand value

Total Assets

Rs4.34 Billion
INR

Elgi Rubber Company Limited Tangible Net Worth Ratio (2011–2026)

This chart shows how Elgi Rubber Company Limited's Tangible Net Worth Ratio has changed across 16 annual periods from 2011 to 2026. As of March 2026, the ratio stands at 98.9%, reflecting net assets of Rs756.93 Million with intangible assets of Rs8.63 Million INR. For live market cap and overall valuation, see how much is Elgi Rubber Company Limited worth.

Annual Tangible Net Worth Ratio for Elgi Rubber Company Limited (2011–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Elgi Rubber Company Limited from 2011 to 2026, covering 16 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 how much does Elgi Rubber Company Limited reinvest in capital 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 98.9% Rs756.93 Million Rs8.63 Million Rs4.34 Billion ▲ +6.4 pp
2025 92.4% Rs1.79 Billion Rs135.46 Million Rs5.20 Billion ▼ -1.2 pp
2024 93.6% Rs1.90 Billion Rs121.26 Million Rs5.66 Billion ▲ +0.4 pp
2023 93.2% Rs1.84 Billion Rs124.39 Million Rs5.33 Billion ▼ -6.0 pp
2022 99.3% Rs1.71 Billion Rs12.18 Million Rs5.00 Billion ▼ -0.3 pp
2021 99.6% Rs1.83 Billion Rs6.68 Million Rs4.94 Billion ▲ +1.1 pp
2020 98.6% Rs1.86 Billion Rs26.88 Million Rs5.25 Billion ▲ +1.0 pp
2019 97.6% Rs2.23 Billion Rs54.05 Million Rs5.72 Billion ▲ +0.1 pp
2018 97.5% Rs2.39 Billion Rs59.49 Million Rs5.88 Billion ▲ +2.1 pp
2017 95.4% Rs2.49 Billion Rs114.92 Million Rs5.56 Billion ▼ -0.4 pp
2016 95.7% Rs2.62 Billion Rs111.89 Million Rs5.68 Billion ▼ -0.8 pp
2015 96.5% Rs2.67 Billion Rs93.69 Million Rs5.53 Billion ▼ -0.6 pp
2014 97.1% Rs2.96 Billion Rs85.58 Million Rs5.34 Billion ▼ -2.6 pp
2013 99.7% Rs2.70 Billion Rs6.98 Million Rs4.43 Billion ▼ -0.3 pp
2012 100.0% Rs2.49 Billion Rs-77.00 Rs3.49 Billion ▲ +0.0 pp
2011 100.0% Rs2.32 Billion Rs0.00 Rs3.19 Billion
pp = percentage points