Tech Mahindra Limited (TECHM) — Tangible Net Worth Ratio
Tech Mahindra Limited (TECHM) has a Tangible Net Worth Ratio of 93.5% as of March 2026. This metric is calculated by deducting intangible assets (Rs19.70 Billion) from net assets (Rs300.77 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 Tech Mahindra Limited net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tech Mahindra Limited Tangible Net Worth Ratio (2005–2026)
This chart shows how Tech Mahindra Limited's Tangible Net Worth Ratio has changed across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 93.5%, reflecting net assets of Rs300.77 Billion with intangible assets of Rs19.70 Billion INR. Also explore TECHM year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Tech Mahindra Limited (2005–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Tech Mahindra 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. For the full company profile including market capitalisation, see Tech Mahindra Limited market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 93.5% | Rs300.77 Billion | Rs19.70 Billion | Rs493.69 Billion | ▲ +1.9 pp |
| 2025 | 91.5% | Rs277.92 Billion | Rs23.49 Billion | Rs444.94 Billion | ▲ +2.0 pp |
| 2024 | 89.6% | Rs271.47 Billion | Rs28.35 Billion | Rs434.24 Billion | ▲ +1.1 pp |
| 2023 | 88.5% | Rs283.95 Billion | Rs32.68 Billion | Rs461.53 Billion | ▲ +1.9 pp |
| 2022 | 86.6% | Rs273.81 Billion | Rs36.59 Billion | Rs448.71 Billion | ▼ -7.6 pp |
| 2021 | 94.3% | Rs252.44 Billion | Rs14.51 Billion | Rs396.78 Billion | ▲ +1.0 pp |
| 2020 | 93.2% | Rs222.06 Billion | Rs15.06 Billion | Rs373.54 Billion | ▲ +0.2 pp |
| 2019 | 93.0% | Rs207.62 Billion | Rs14.51 Billion | Rs334.47 Billion | ▲ +1.7 pp |
| 2018 | 91.3% | Rs193.52 Billion | Rs16.78 Billion | Rs304.37 Billion | ▼ -4.8 pp |
| 2017 | 96.1% | Rs169.01 Billion | Rs6.59 Billion | Rs260.67 Billion | ▼ -3.4 pp |
| 2016 | 99.5% | Rs157.66 Billion | Rs854.00 Million | Rs235.07 Billion | ▲ +0.2 pp |
| 2015 | 99.2% | Rs124.09 Billion | Rs951.00 Million | Rs198.48 Billion | ▲ +0.1 pp |
| 2014 | 99.1% | Rs93.26 Billion | Rs843.00 Million | Rs159.40 Billion | ▼ -0.5 pp |
| 2013 | 99.6% | Rs55.34 Billion | Rs207.00 Million | Rs89.84 Billion | ▼ -0.1 pp |
| 2012 | 99.8% | Rs40.51 Billion | Rs96.00 Million | Rs69.19 Billion | ▼ -0.1 pp |
| 2011 | 99.9% | Rs33.67 Billion | Rs30.00 Million | Rs60.45 Billion | ▲ +0.0 pp |
| 2010 | 99.9% | Rs29.00 Billion | Rs40.00 Million | Rs59.02 Billion | ▲ +0.1 pp |
| 2009 | 99.7% | Rs19.54 Billion | Rs51.00 Million | Rs28.43 Billion | ▲ +0.2 pp |
| 2008 | 99.5% | Rs12.68 Billion | Rs62.00 Million | Rs22.25 Billion | ▲ +0.3 pp |
| 2007 | 99.2% | Rs9.36 Billion | Rs73.42 Million | Rs15.93 Billion | ▼ -0.8 pp |
| 2006 | 100.0% | Rs6.05 Billion | Rs0.00 | Rs10.09 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | Rs2.73 Billion | Rs0.00 | Rs6.77 Billion | — |