Minda Corporation Limited Tangible Net Worth Ratio
Minda Corporation Limited tangible net worth ratio. Minda Corporation Limited (MINDACORP) has a Tangible Net Worth Ratio of 96.6% as of March 2026. This metric is calculated by deducting intangible assets (Rs906.30 Million) from net assets (Rs26.59 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. Check MINDACORP strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Minda Corporation Limited (2008–2026)
Tangible net worth ratio of Minda Corporation Limited from 2008 to 2026. This chart shows how Minda Corporation Limited's Tangible Net Worth Ratio has changed across 19 annual periods from 2008 to 2026. As of March 2026, the ratio stands at 96.6%, reflecting net assets of Rs26.59 Billion with intangible assets of Rs906.30 Million INR. See working capital position of Minda Corporation Limited to evaluate short-term liquidity relative to the company's equity base.
Minda Corporation Limited Tangible Net Worth Ratio by Year (2008–2026)
Minda Corporation Limited tangible net worth ratio by year from 2008 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Minda Corporation Limited from 2008 to 2026, covering 19 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 live market cap and overall valuation, see market cap of Minda Corporation Limited.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 96.6% | Rs26.59 Billion | Rs906.30 Million | Rs54.95 Billion | ▲ +0.6 pp |
| 2025 | 96.0% | Rs22.02 Billion | Rs879.10 Million | Rs48.83 Billion | ▼ -0.5 pp |
| 2024 | 96.5% | Rs19.81 Billion | Rs693.00 Million | Rs34.39 Billion | ▲ +0.8 pp |
| 2023 | 95.7% | Rs15.91 Billion | Rs683.00 Million | Rs32.24 Billion | ▲ +1.2 pp |
| 2022 | 94.5% | Rs13.30 Billion | Rs737.00 Million | Rs25.72 Billion | ▼ -4.8 pp |
| 2021 | 99.3% | Rs11.47 Billion | Rs83.00 Million | Rs23.30 Billion | ▲ +0.4 pp |
| 2020 | 98.9% | Rs9.75 Billion | Rs108.00 Million | Rs23.29 Billion | ▲ +0.5 pp |
| 2019 | 98.4% | Rs11.95 Billion | Rs187.00 Million | Rs24.52 Billion | ▲ +1.4 pp |
| 2018 | 97.0% | Rs7.41 Billion | Rs223.00 Million | Rs20.59 Billion | ▼ -0.6 pp |
| 2017 | 97.6% | Rs6.22 Billion | Rs152.00 Million | Rs15.55 Billion | ▼ -0.8 pp |
| 2016 | 98.4% | Rs6.31 Billion | Rs101.83 Million | Rs17.71 Billion | ▼ -0.1 pp |
| 2015 | 98.5% | Rs4.91 Billion | Rs72.28 Million | Rs14.22 Billion | ▲ +0.9 pp |
| 2014 | 97.6% | Rs3.89 Billion | Rs93.38 Million | Rs13.12 Billion | ▲ +3.6 pp |
| 2013 | 94.0% | Rs3.51 Billion | Rs210.72 Million | Rs12.73 Billion | ▼ -0.9 pp |
| 2012 | 94.9% | Rs3.56 Billion | Rs180.89 Million | Rs11.92 Billion | ▼ -5.1 pp |
| 2011 | 100.0% | Rs2.69 Billion | Rs0.00 | Rs6.95 Billion | ▲ +139.1 pp |
| 2010 | -39.1% | Rs726.45 Million | Rs1.01 Billion | Rs4.36 Billion | ▼ -80.1 pp |
| 2009 | 40.9% | Rs562.06 Million | Rs331.91 Million | Rs3.44 Billion | ▲ +26.0 pp |
| 2008 | 14.9% | Rs346.62 Million | Rs294.82 Million | Rs1.34 Billion | — |