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 INDUSTOWER net asset value for net asset value and shareholders' equity analysis.
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. Also explore INDUSTOWER net assets growth trend to track the company's year-over-year net asset growth rate.
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 stock market capitalisation.
| 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 | — |