Max India Limited (MAXIND) — Tangible Net Worth Ratio
Max India Limited (MAXIND) has a Tangible Net Worth Ratio of 96.6% as of March 2026. This metric is calculated by deducting intangible assets (Rs138.30 Million) from net assets (Rs4.08 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 Max India Limited annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Max India Limited Tangible Net Worth Ratio (2016–2026)
This chart shows how Max India Limited's Tangible Net Worth Ratio has changed across 11 annual periods from 2016 to 2026. As of March 2026, the ratio stands at 96.6%, reflecting net assets of Rs4.08 Billion with intangible assets of Rs138.30 Million INR. For live market cap and overall valuation, see how much is Max India Limited worth.
Annual Tangible Net Worth Ratio for Max India Limited (2016–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Max India Limited from 2016 to 2026, covering 11 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 Max India Limited capital spending 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 | 96.6% | Rs4.08 Billion | Rs138.30 Million | Rs6.69 Billion | ▲ +1.2 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 | — |