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 (MAXIND) net assets for net asset value and shareholders' equity analysis.
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. Also explore MAXIND net asset momentum to track the company's year-over-year net asset growth rate.
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 Max India Limited market cap and net worth.
| 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 | — |