Max India Limited (MAXIND) — Tangible Net Worth Ratio
Max India Limited (MAXIND) has a Tangible Net Worth Ratio of 96.7% as of September 2025. This metric is calculated by deducting intangible assets (Rs155.20 Million) from net assets (Rs4.67 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 Max India Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Max India Limited Tangible Net Worth Ratio (2016–2025)
This chart shows how Max India Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of September 2025, the ratio stands at 96.7%, reflecting net assets of Rs4.67 Billion with intangible assets of Rs155.20 Million INR. See Max India Limited (MAXIND) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Max India Limited (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Max India Limited from 2016 to 2025, covering 10 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 market value of Max India Limited.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.4% | Rs3.59 Billion | Rs165.60 Million | Rs6.33 Billion | ▼ -1.9 pp |
| 2024 | 97.3% | Rs4.92 Billion | Rs131.54 Million | Rs6.84 Billion | ▼ -2.6 pp |
| 2023 | 100.0% | Rs5.42 Billion | Rs2.50 Million | Rs7.53 Billion | ▼ 0.0 pp |
| 2022 | 100.0% | Rs6.37 Billion | Rs2.53 Million | Rs8.54 Billion | ▼ 0.0 pp |
| 2021 | 100.0% | Rs6.53 Billion | Rs2.15 Million | Rs9.98 Billion | ▲ +0.4 pp |
| 2020 | 99.6% | Rs7.06 Billion | Rs29.15 Million | Rs10.24 Billion | ▼ -0.4 pp |
| 2019 | 99.9% | Rs12.83 Billion | Rs7.46 Million | Rs23.35 Billion | ▲ +1.6 pp |
| 2018 | 98.3% | Rs14.21 Billion | Rs240.03 Million | Rs23.49 Billion | ▼ -0.4 pp |
| 2017 | 98.7% | Rs13.94 Billion | Rs184.71 Million | Rs23.72 Billion | ▲ +0.7 pp |
| 2016 | 98.0% | Rs12.13 Billion | Rs244.66 Million | Rs24.49 Billion | — |