Indo-National Limited (NIPPOBATRY) — Tangible Net Worth Ratio
Indo-National Limited (NIPPOBATRY) has a Tangible Net Worth Ratio of 97.7% as of September 2025. This metric is calculated by deducting intangible assets (Rs92.71 Million) from net assets (Rs4.00 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 Indo-National Limited (NIPPOBATRY) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Indo-National Limited Tangible Net Worth Ratio (2006–2025)
This chart shows how Indo-National Limited's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 97.7%, reflecting net assets of Rs4.00 Billion with intangible assets of Rs92.71 Million INR. Also explore NIPPOBATRY year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Indo-National Limited (2006–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Indo-National Limited from 2006 to 2025, 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 the full company profile including market capitalisation, see Indo-National Limited stock valuation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.6% | Rs4.71 Billion | Rs161.59 Million | Rs7.21 Billion | ▲ +2.9 pp |
| 2024 | 93.6% | Rs2.73 Billion | Rs173.73 Million | Rs5.99 Billion | ▼ -5.3 pp |
| 2023 | 98.9% | Rs2.62 Billion | Rs27.78 Million | Rs5.15 Billion | ▲ +0.2 pp |
| 2022 | 98.7% | Rs2.76 Billion | Rs34.46 Million | Rs5.11 Billion | ▲ +0.3 pp |
| 2021 | 98.4% | Rs2.73 Billion | Rs43.41 Million | Rs5.13 Billion | ▲ +1.3 pp |
| 2020 | 97.1% | Rs2.45 Billion | Rs71.50 Million | Rs4.96 Billion | ▼ -0.7 pp |
| 2019 | 97.8% | Rs2.45 Billion | Rs53.27 Million | Rs4.79 Billion | ▼ -0.1 pp |
| 2018 | 98.0% | Rs2.27 Billion | Rs46.21 Million | Rs4.31 Billion | ▲ +0.2 pp |
| 2017 | 97.8% | Rs2.08 Billion | Rs45.38 Million | Rs3.29 Billion | ▲ +0.4 pp |
| 2016 | 97.4% | Rs1.72 Billion | Rs44.31 Million | Rs3.11 Billion | ▼ -2.4 pp |
| 2015 | 99.8% | Rs1.62 Billion | Rs3.43 Million | Rs2.16 Billion | ▲ +0.1 pp |
| 2014 | 99.6% | Rs1.46 Billion | Rs5.25 Million | Rs2.11 Billion | ▲ +0.0 pp |
| 2013 | 99.6% | Rs1.42 Billion | Rs5.25 Million | Rs1.84 Billion | ▲ +0.0 pp |
| 2012 | 99.6% | Rs1.42 Billion | Rs5.87 Million | Rs1.88 Billion | ▼ -0.4 pp |
| 2010 | 100.0% | Rs1.35 Million | Rs0.00 | Rs1.91 Million | ▲ +0.0 pp |
| 2009 | 100.0% | Rs1.27 Million | Rs0.00 | Rs1.82 Million | ▲ +0.0 pp |
| 2008 | 100.0% | Rs1.20 Million | Rs0.00 | Rs1.66 Million | ▲ +0.0 pp |
| 2007 | 100.0% | Rs1.13 Million | Rs0.00 | Rs2.16 Million | ▲ +0.0 pp |
| 2006 | 100.0% | Rs1.12 Billion | Rs0.00 | Rs2.08 Billion | — |