Hindalco Industries Limited (HINDALCO) — Tangible Net Worth Ratio
Hindalco Industries Limited (HINDALCO) has a Tangible Net Worth Ratio of 95.7% as of September 2025. This metric is calculated by deducting intangible assets (Rs58.43 Billion) from net assets (Rs1.35 Trillion) 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 working capital position of Hindalco Industries Limited to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hindalco Industries Limited Tangible Net Worth Ratio (2004–2025)
This chart shows how Hindalco Industries Limited's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at 95.7%, reflecting net assets of Rs1.35 Trillion with intangible assets of Rs58.43 Billion INR. See operational self-sufficiency of Hindalco Industries Limited to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hindalco Industries Limited (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hindalco Industries Limited from 2004 to 2025, covering 22 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 HINDALCO market cap overview.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.2% | Rs1.24 Trillion | Rs59.65 Billion | Rs2.66 Trillion | ▲ +1.0 pp |
| 2024 | 94.1% | Rs1.06 Trillion | Rs62.15 Billion | Rs2.32 Trillion | ▲ +1.2 pp |
| 2023 | 92.9% | Rs948.17 Billion | Rs66.91 Billion | Rs2.25 Trillion | ▲ +1.4 pp |
| 2022 | 91.5% | Rs782.02 Billion | Rs66.36 Billion | Rs2.23 Trillion | ▲ +0.9 pp |
| 2021 | 90.6% | Rs665.43 Billion | Rs62.71 Billion | Rs1.90 Trillion | ▼ -4.1 pp |
| 2020 | 94.7% | Rs583.27 Billion | Rs31.19 Billion | Rs1.70 Trillion | ▲ +1.4 pp |
| 2019 | 93.3% | Rs575.11 Billion | Rs38.81 Billion | Rs1.53 Trillion | ▲ +0.8 pp |
| 2018 | 92.5% | Rs548.60 Billion | Rs41.16 Billion | Rs1.48 Trillion | ▲ +0.4 pp |
| 2017 | 92.1% | Rs460.65 Billion | Rs36.49 Billion | Rs1.47 Trillion | ▲ +1.1 pp |
| 2016 | 91.0% | Rs409.88 Billion | Rs36.93 Billion | Rs1.42 Trillion | ▲ +2.2 pp |
| 2015 | 88.8% | Rs392.85 Billion | Rs44.05 Billion | Rs1.43 Trillion | ▲ +0.7 pp |
| 2014 | 88.0% | Rs423.85 Billion | Rs50.70 Billion | Rs1.39 Trillion | ▲ +0.6 pp |
| 2013 | 87.4% | Rs370.90 Billion | Rs46.77 Billion | Rs1.21 Trillion | ▲ +1.0 pp |
| 2012 | 86.4% | Rs336.20 Billion | Rs45.62 Billion | Rs1.01 Trillion | ▼ -2.9 pp |
| 2011 | 89.3% | Rs312.40 Billion | Rs33.31 Billion | Rs867.68 Billion | ▲ +4.1 pp |
| 2010 | 85.2% | Rs232.82 Billion | Rs34.43 Billion | Rs717.59 Billion | ▲ +9.3 pp |
| 2009 | 75.9% | Rs170.45 Billion | Rs41.14 Billion | Rs690.67 Billion | ▼ -24.1 pp |
| 2008 | 100.0% | Rs189.64 Billion | Rs0.00 | Rs734.71 Billion | ▲ +11.3 pp |
| 2007 | 88.7% | Rs136.75 Billion | Rs15.49 Billion | Rs280.24 Billion | ▼ -9.7 pp |
| 2006 | 98.4% | Rs95.15 Billion | Rs1.55 Billion | Rs212.42 Billion | ▼ -1.6 pp |
| 2005 | 100.0% | Rs77.51 Billion | Rs0.00 | Rs166.07 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | Rs71.43 Billion | Rs0.00 | Rs135.74 Billion | — |