Tata Consultancy Services Limited (TCS) — Tangible Net Worth Ratio

Latest as of June 2026: 99.3%

Tata Consultancy Services Limited (TCS) has a Tangible Net Worth Ratio of 99.3% as of June 2026. This metric is calculated by deducting intangible assets (Rs8.13 Billion) from net assets (Rs1.11 Trillion) 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. Also explore Tata Consultancy Services Limited equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

99.3%
Tangible equity / total equity

Net Assets (Equity)

Rs1.11 Trillion
INR

Intangible Assets

Rs8.13 Billion
Goodwill, patents, brand value

Total Assets

Rs1.84 Trillion
INR

Tata Consultancy Services Limited Tangible Net Worth Ratio (2005–2026)

This chart shows how Tata Consultancy Services Limited's Tangible Net Worth Ratio has changed across 22 annual periods from 2005 to 2026. As of June 2026, the ratio stands at 99.3%, reflecting net assets of Rs1.11 Trillion with intangible assets of Rs8.13 Billion INR. For live market cap and overall valuation, see Tata Consultancy Services Limited (TCS) market capitalisation.

Annual Tangible Net Worth Ratio for Tata Consultancy Services Limited (2005–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Tata Consultancy Services Limited from 2005 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. Explore Tata Consultancy Services Limited (TCS) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (INR) Intangible Assets Total Assets Change (pp)
2026 99.8% Rs1.09 Trillion Rs1.76 Billion Rs1.82 Trillion ▲ +0.8 pp
2025 99.0% Rs957.71 Billion Rs9.40 Billion Rs1.60 Trillion ▼ -0.4 pp
2024 99.4% Rs913.19 Billion Rs5.10 Billion Rs1.46 Trillion ▲ +0.4 pp
2023 99.0% Rs912.06 Billion Rs8.67 Billion Rs1.44 Trillion ▲ +0.3 pp
2022 98.8% Rs898.46 Billion Rs11.01 Billion Rs1.42 Trillion ▼ -0.7 pp
2021 99.4% Rs871.08 Billion Rs4.80 Billion Rs1.31 Trillion ▼ -0.2 pp
2020 99.7% Rs847.49 Billion Rs2.83 Billion Rs1.21 Trillion ▼ -0.1 pp
2019 99.8% Rs898.99 Billion Rs1.79 Billion Rs1.15 Trillion ▼ -0.2 pp
2018 100.0% Rs855.30 Billion Rs120.00 Million Rs1.06 Trillion ▲ +0.0 pp
2017 99.9% Rs865.80 Billion Rs470.00 Million Rs1.03 Trillion ▲ +0.1 pp
2016 99.8% Rs714.27 Billion Rs1.34 Billion Rs890.96 Billion ▼ 0.0 pp
2015 99.8% Rs517.63 Billion Rs934.40 Million Rs736.61 Billion ▲ +0.1 pp
2014 99.7% Rs499.03 Billion Rs1.32 Billion Rs671.38 Billion ▲ +0.1 pp
2013 99.6% Rs393.41 Billion Rs1.43 Billion Rs521.68 Billion ▲ +45.7 pp
2012 53.9% Rs249.63 Billion Rs115.10 Billion Rs326.81 Billion ▲ +12.6 pp
2011 41.3% Rs188.28 Billion Rs110.53 Billion Rs273.94 Billion ▼ -57.7 pp
2010 99.0% Rs159.77 Billion Rs1.57 Billion Rs226.37 Billion ▲ +0.6 pp
2009 98.4% Rs125.13 Billion Rs2.01 Billion Rs175.65 Billion ▲ +1.2 pp
2008 97.2% Rs90.62 Billion Rs2.51 Billion Rs131.36 Billion ▼ -2.8 pp
2007 100.0% Rs61.64 Billion Rs11.50 Million Rs86.26 Billion ▲ +0.0 pp
2006 100.0% Rs28.51 Billion Rs11.50 Million Rs52.90 Billion ▲ +13.4 pp
2005 86.6% Rs35.67 Billion Rs4.79 Billion Rs52.90 Billion
pp = percentage points