Polycab India Limited (POLYCAB) — Tangible Net Worth Ratio
Polycab India Limited (POLYCAB) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (Rs40.97 Million) from net assets (Rs121.27 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 Polycab India Limited (POLYCAB) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Polycab India Limited Tangible Net Worth Ratio (2014–2026)
This chart shows how Polycab India Limited's Tangible Net Worth Ratio has changed across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of Rs121.27 Billion with intangible assets of Rs40.97 Million INR. See POLYCAB days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Polycab India Limited (2014–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Polycab India Limited from 2014 to 2026, covering 13 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 Polycab India Limited market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | Rs121.27 Billion | Rs40.97 Million | Rs204.76 Billion | ▲ +0.1 pp |
| 2025 | 99.9% | Rs99.07 Billion | Rs98.45 Million | Rs137.73 Billion | ▲ +0.1 pp |
| 2024 | 99.8% | Rs82.43 Billion | Rs160.17 Million | Rs120.79 Billion | ▲ +0.0 pp |
| 2023 | 99.8% | Rs66.69 Billion | Rs157.08 Million | Rs94.25 Billion | ▲ +0.1 pp |
| 2022 | 99.7% | Rs55.69 Billion | Rs183.40 Million | Rs74.12 Billion | ▼ -0.2 pp |
| 2021 | 99.9% | Rs47.73 Billion | Rs71.25 Million | Rs70.15 Billion | ▼ -0.1 pp |
| 2020 | 100.0% | Rs38.51 Billion | Rs16.76 Million | Rs59.62 Billion | ▲ +0.1 pp |
| 2019 | 99.9% | Rs28.55 Billion | Rs34.98 Million | Rs56.28 Billion | ▼ 0.0 pp |
| 2018 | 99.9% | Rs23.54 Billion | Rs27.00 Million | Rs44.43 Billion | ▲ +0.2 pp |
| 2017 | 99.7% | Rs19.97 Billion | Rs60.30 Million | Rs45.79 Billion | ▲ +0.1 pp |
| 2016 | 99.6% | Rs17.86 Billion | Rs66.64 Million | Rs38.75 Billion | ▼ -0.1 pp |
| 2015 | 99.7% | Rs16.59 Billion | Rs50.90 Million | Rs33.14 Billion | ▼ -0.2 pp |
| 2014 | 99.9% | Rs15.15 Billion | Rs12.39 Million | Rs27.63 Billion | — |