Jupiter Wagons Limited (JWL) — Tangible Net Worth Ratio
Jupiter Wagons Limited (JWL) has a Tangible Net Worth Ratio of 96.1% as of September 2025. This metric is calculated by deducting intangible assets (Rs1.09 Billion) from net assets (Rs28.01 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 JWL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jupiter Wagons Limited Tangible Net Worth Ratio (2006–2025)
This chart shows how Jupiter Wagons Limited's Tangible Net Worth Ratio has changed across 18 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 96.1%, reflecting net assets of Rs28.01 Billion with intangible assets of Rs1.09 Billion INR. See JWL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Jupiter Wagons Limited (2006–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Jupiter Wagons Limited from 2006 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 Jupiter Wagons Limited market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.8% | Rs27.68 Billion | Rs1.15 Billion | Rs39.99 Billion | ▲ +1.0 pp |
| 2024 | 94.8% | Rs16.32 Billion | Rs848.14 Million | Rs29.40 Billion | ▼ -4.0 pp |
| 2023 | 98.8% | Rs8.03 Billion | Rs98.25 Million | Rs16.34 Billion | ▲ +0.4 pp |
| 2022 | 98.4% | Rs6.83 Billion | Rs110.28 Million | Rs10.72 Billion | ▲ +0.4 pp |
| 2021 | 98.0% | Rs6.33 Billion | Rs125.76 Million | Rs9.91 Billion | ▼ -1.4 pp |
| 2020 | 99.4% | Rs954.42 Million | Rs5.50 Million | Rs2.00 Billion | ▼ -0.3 pp |
| 2019 | 99.7% | Rs958.55 Million | Rs2.89 Million | Rs2.09 Billion | ▲ +0.3 pp |
| 2016 | 99.4% | Rs118.64 Million | Rs748.00K | Rs2.36 Billion | ▼ -0.5 pp |
| 2015 | 99.9% | Rs1.13 Billion | Rs989.00K | Rs3.23 Billion | ▲ +0.0 pp |
| 2014 | 99.9% | Rs2.06 Billion | Rs1.98 Million | Rs4.23 Billion | ▼ 0.0 pp |
| 2013 | 99.9% | Rs2.74 Billion | Rs2.07 Million | Rs6.24 Billion | ▼ -0.1 pp |
| 2012 | 100.0% | Rs2.58 Billion | Rs411.00K | Rs4.67 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | Rs2.17 Billion | Rs854.00K | Rs3.27 Billion | ▼ 0.0 pp |
| 2010 | 100.0% | Rs711.71 Million | Rs0.00 | Rs1.96 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | Rs519.74 Million | Rs130.00K | Rs1.08 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | Rs502.32 Million | Rs200.00K | Rs1.04 Billion | ▼ 0.0 pp |
| 2007 | 100.0% | Rs174.07 Million | Rs0.00 | Rs876.93 Million | ▲ +0.0 pp |
| 2006 | 100.0% | Rs70.74 Million | Rs0.00 | Rs317.00 Million | — |