Hi-Tech Pipes Limited (HITECH) — Tangible Net Worth Ratio
Hi-Tech Pipes Limited (HITECH) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (Rs287.00K) from net assets (Rs13.33 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. Also explore how fast is Hi-Tech Pipes Limited growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hi-Tech Pipes Limited Tangible Net Worth Ratio (2013–2026)
This chart shows how Hi-Tech Pipes Limited's Tangible Net Worth Ratio has changed across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of Rs13.33 Billion with intangible assets of Rs287.00K INR. For live market cap and overall valuation, see HITECH market cap.
Annual Tangible Net Worth Ratio for Hi-Tech Pipes Limited (2013–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Hi-Tech Pipes Limited from 2013 to 2026, covering 14 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 Hi-Tech Pipes Limited capital reinvestment ratio 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 | 100.0% | Rs13.33 Billion | Rs287.00K | Rs20.24 Billion | ▲ +0.0 pp |
| 2025 | 100.0% | Rs12.57 Billion | Rs2.99 Million | Rs17.56 Billion | ▲ +0.1 pp |
| 2024 | 99.9% | Rs5.76 Billion | Rs5.34 Million | Rs11.79 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | Rs4.18 Billion | Rs5.65 Million | Rs9.16 Billion | ▼ -0.1 pp |
| 2022 | 100.0% | Rs2.59 Billion | Rs200.00K | Rs7.69 Billion | ▼ 0.0 pp |
| 2021 | 100.0% | Rs2.05 Billion | Rs125.00K | Rs5.99 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | Rs1.74 Billion | Rs475.00K | Rs5.68 Billion | ▲ +0.0 pp |
| 2019 | 99.9% | Rs1.47 Billion | Rs825.00K | Rs5.05 Billion | ▲ +0.0 pp |
| 2018 | 99.9% | Rs1.14 Billion | Rs703.00K | Rs4.49 Billion | ▲ +0.1 pp |
| 2017 | 99.9% | Rs765.29 Million | Rs1.02 Million | Rs3.60 Billion | ▲ +0.3 pp |
| 2016 | 99.6% | Rs663.21 Million | Rs2.58 Million | Rs2.79 Billion | ▼ -0.2 pp |
| 2015 | 99.8% | Rs474.52 Million | Rs756.00K | Rs2.15 Billion | ▼ -0.2 pp |
| 2014 | 100.0% | Rs363.73 Million | Rs0.00 | Rs2.25 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | Rs304.33 Million | Rs0.00 | Rs1.89 Billion | — |