Indus Towers Limited (INDUSTOWER) — Tangible Net Worth Ratio
Indus Towers Limited (INDUSTOWER) has a Tangible Net Worth Ratio of 99.9% as of September 2025. This metric is calculated by deducting intangible assets (Rs395.00 Million) from net assets (Rs361.01 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 Indus Towers Limited current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Indus Towers Limited Tangible Net Worth Ratio (2008–2025)
This chart shows how Indus Towers Limited's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of September 2025, the ratio stands at 99.9%, reflecting net assets of Rs361.01 Billion with intangible assets of Rs395.00 Million INR. See INDUSTOWER defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Indus Towers Limited (2008–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Indus Towers Limited from 2008 to 2025, covering 18 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 INDUSTOWER market cap overview.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.9% | Rs324.98 Billion | Rs380.00 Million | Rs631.70 Billion | ▼ -0.1 pp |
| 2024 | 100.0% | Rs270.39 Billion | Rs132.00 Million | Rs558.68 Billion | ▲ +0.1 pp |
| 2023 | 99.9% | Rs211.09 Billion | Rs231.00 Million | Rs465.72 Billion | ▲ +0.0 pp |
| 2022 | 99.8% | Rs221.50 Billion | Rs352.00 Million | Rs479.68 Billion | ▼ -0.1 pp |
| 2021 | 100.0% | Rs158.77 Billion | Rs73.00 Million | Rs449.44 Billion | ▲ +0.0 pp |
| 2020 | 99.9% | Rs135.42 Billion | Rs120.00 Million | Rs201.59 Billion | ▼ 0.0 pp |
| 2019 | 100.0% | Rs145.32 Billion | Rs71.00 Million | Rs171.31 Billion | ▲ +0.0 pp |
| 2018 | 99.9% | Rs169.64 Billion | Rs103.00 Million | Rs196.80 Billion | ▲ +0.0 pp |
| 2017 | 99.9% | Rs154.99 Billion | Rs131.00 Million | Rs207.63 Billion | ▲ +0.0 pp |
| 2016 | 99.9% | Rs183.48 Billion | Rs164.00 Million | Rs269.19 Billion | ▲ +0.0 pp |
| 2015 | 99.9% | Rs170.20 Billion | Rs202.00 Million | Rs271.55 Billion | ▼ 0.0 pp |
| 2014 | 99.9% | Rs180.38 Billion | Rs166.00 Million | Rs286.36 Billion | ▲ +0.0 pp |
| 2013 | 99.9% | Rs171.93 Billion | Rs192.00 Million | Rs276.93 Billion | ▲ +0.1 pp |
| 2012 | 99.8% | Rs145.24 Billion | Rs268.00 Million | Rs234.67 Billion | ▲ +18.6 pp |
| 2011 | 81.2% | Rs139.95 Billion | Rs26.24 Billion | Rs232.89 Billion | ▼ -6.3 pp |
| 2010 | 87.6% | Rs136.28 Billion | Rs16.92 Billion | Rs225.12 Billion | ▲ +7.1 pp |
| 2009 | 80.5% | Rs103.52 Billion | Rs20.17 Billion | Rs207.28 Billion | ▼ -19.5 pp |
| 2008 | 100.0% | Rs102.55 Billion | Rs0.00 | Rs160.66 Billion | — |