MRF Limited (MRF) — Tangible Net Worth Ratio
MRF Limited (MRF) has a Tangible Net Worth Ratio of 99.9% as of March 2026. This metric is calculated by deducting intangible assets (Rs219.00 Million) from net assets (Rs209.75 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 MRF Limited book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MRF Limited Tangible Net Worth Ratio (2004–2026)
This chart shows how MRF Limited's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 99.9%, reflecting net assets of Rs209.75 Billion with intangible assets of Rs219.00 Million INR. Also explore MRF net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for MRF Limited (2004–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for MRF Limited from 2004 to 2026, covering 22 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 MRF Limited (MRF) total market value.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 99.9% | Rs209.75 Billion | Rs219.00 Million | Rs319.54 Billion | ▲ +0.0 pp |
| 2025 | 99.9% | Rs184.89 Billion | Rs213.30 Million | Rs295.67 Billion | ▲ +0.0 pp |
| 2024 | 99.8% | Rs167.03 Billion | Rs257.40 Million | Rs268.49 Billion | ▲ +0.0 pp |
| 2023 | 99.8% | Rs147.08 Billion | Rs259.40 Million | Rs243.69 Billion | ▼ 0.0 pp |
| 2022 | 99.8% | Rs140.32 Billion | Rs212.30 Million | Rs230.60 Billion | ▲ +0.0 pp |
| 2021 | 99.8% | Rs134.14 Billion | Rs243.30 Million | Rs225.82 Billion | ▲ +0.1 pp |
| 2020 | 99.8% | Rs122.15 Billion | Rs284.90 Million | Rs194.42 Billion | ▼ -0.1 pp |
| 2019 | 99.9% | Rs108.37 Billion | Rs162.30 Million | Rs184.41 Billion | ▲ +0.0 pp |
| 2018 | 99.8% | Rs97.38 Billion | Rs174.70 Million | Rs164.78 Billion | ▼ 0.0 pp |
| 2017 | 99.8% | Rs86.41 Billion | Rs132.30 Million | Rs150.83 Billion | ▼ 0.0 pp |
| 2016 | 99.9% | Rs72.24 Billion | Rs90.80 Million | Rs132.93 Billion | ▲ +0.0 pp |
| 2014 | 99.8% | Rs45.40 Billion | Rs70.90 Million | Rs98.34 Billion | ▼ 0.0 pp |
| 2013 | 99.9% | Rs36.56 Billion | Rs54.50 Million | Rs82.79 Billion | ▲ +0.1 pp |
| 2012 | 99.8% | Rs28.61 Billion | Rs60.70 Million | Rs72.28 Billion | ▲ +0.0 pp |
| 2011 | 99.8% | Rs22.94 Billion | Rs51.10 Million | Rs63.25 Billion | ▲ +0.1 pp |
| 2010 | 99.7% | Rs16.89 Billion | Rs51.10 Million | Rs40.15 Billion | ▲ +0.3 pp |
| 2009 | 99.4% | Rs13.56 Billion | Rs75.60 Million | Rs27.63 Billion | ▲ +0.1 pp |
| 2008 | 99.3% | Rs11.17 Billion | Rs77.40 Million | Rs33.72 Billion | ▼ -0.4 pp |
| 2007 | 99.7% | Rs9.84 Billion | Rs26.00 Million | Rs25.25 Billion | ▼ -0.2 pp |
| 2006 | 99.9% | Rs8.24 Billion | Rs8.70 Million | Rs20.75 Billion | ▲ +0.1 pp |
| 2005 | 99.8% | Rs7.55 Billion | Rs18.70 Million | Rs18.79 Billion | ▲ +59.7 pp |
| 2004 | 40.0% | Rs7.23 Billion | Rs4.34 Billion | Rs16.86 Billion | — |