Excel Industries Limited (EXCELINDUS) — Tangible Net Worth Ratio
Excel Industries Limited (EXCELINDUS) has a Tangible Net Worth Ratio of 99.7% as of September 2025. This metric is calculated by deducting intangible assets (Rs47.87 Million) from net assets (Rs18.08 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 EXCELINDUS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Excel Industries Limited Tangible Net Worth Ratio (2005–2025)
This chart shows how Excel Industries Limited's Tangible Net Worth Ratio has changed across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 99.7%, reflecting net assets of Rs18.08 Billion with intangible assets of Rs47.87 Million INR. See EXCELINDUS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Excel Industries Limited (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Excel Industries Limited from 2005 to 2025, 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 Excel Industries Limited stock valuation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.7% | Rs15.89 Billion | Rs51.80 Million | Rs19.20 Billion | ▼ -0.3 pp |
| 2024 | 99.9% | Rs14.27 Billion | Rs7.26 Million | Rs17.96 Billion | ▼ 0.0 pp |
| 2023 | 100.0% | Rs12.42 Billion | Rs3.06 Million | Rs14.93 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | Rs11.49 Billion | Rs3.37 Million | Rs14.87 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | Rs8.52 Billion | Rs3.32 Million | Rs11.11 Billion | ▲ +0.1 pp |
| 2020 | 99.9% | Rs7.01 Billion | Rs7.66 Million | Rs9.37 Billion | ▼ 0.0 pp |
| 2019 | 99.9% | Rs7.00 Billion | Rs5.32 Million | Rs9.16 Billion | ▲ +0.0 pp |
| 2018 | 99.9% | Rs5.32 Billion | Rs4.82 Million | Rs7.28 Billion | ▲ +0.0 pp |
| 2017 | 99.9% | Rs4.10 Billion | Rs5.05 Million | Rs6.19 Billion | ▲ +0.4 pp |
| 2016 | 99.5% | Rs2.11 Billion | Rs10.95 Million | Rs4.21 Billion | ▲ +0.4 pp |
| 2015 | 99.1% | Rs1.86 Billion | Rs17.26 Million | Rs3.87 Billion | ▲ +0.3 pp |
| 2014 | 98.8% | Rs1.52 Billion | Rs18.23 Million | Rs3.52 Billion | ▲ +0.7 pp |
| 2013 | 98.1% | Rs1.36 Billion | Rs25.32 Million | Rs3.03 Billion | ▼ -1.4 pp |
| 2012 | 99.6% | Rs1.24 Billion | Rs5.26 Million | Rs2.86 Billion | ▲ +0.4 pp |
| 2011 | 99.2% | Rs1.12 Billion | Rs8.85 Million | Rs2.38 Billion | ▲ +0.0 pp |
| 2010 | 99.2% | Rs1.02 Billion | Rs8.55 Million | Rs2.31 Billion | ▲ +0.5 pp |
| 2009 | 98.6% | Rs973.25 Million | Rs13.21 Million | Rs2.34 Billion | ▲ +0.6 pp |
| 2008 | 98.0% | Rs977.63 Million | Rs19.48 Million | Rs2.42 Billion | ▼ -2.0 pp |
| 2007 | 100.0% | Rs963.20 Million | Rs0.00 | Rs2.30 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | Rs1.02 Billion | Rs0.00 | Rs2.65 Billion | ▲ +81.7 pp |
| 2005 | 18.3% | Rs1.00 Billion | Rs817.82 Million | Rs2.75 Billion | — |