Waaree Energies Limited (WAAREEENER) — Tangible Net Worth Ratio
Waaree Energies Limited (WAAREEENER) has a Tangible Net Worth Ratio of 99.8% as of March 2026. This metric is calculated by deducting intangible assets (Rs228.30 Million) from net assets (Rs150.11 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 shareholders equity of Waaree Energies Limited for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Waaree Energies Limited Tangible Net Worth Ratio (2017–2026)
This chart shows how Waaree Energies Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2017 to 2026. As of March 2026, the ratio stands at 99.8%, reflecting net assets of Rs150.11 Billion with intangible assets of Rs228.30 Million INR. Also explore Waaree Energies Limited annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Waaree Energies Limited (2017–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Waaree Energies Limited from 2017 to 2026, covering 10 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 how much is Waaree Energies Limited worth.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 99.8% | Rs150.11 Billion | Rs228.30 Million | Rs301.15 Billion | ▼ -0.1 pp |
| 2025 | 100.0% | Rs95.95 Billion | Rs43.10 Million | Rs197.47 Billion | ▲ +0.1 pp |
| 2024 | 99.8% | Rs41.48 Billion | Rs69.23 Million | Rs113.14 Billion | ▲ +0.2 pp |
| 2023 | 99.6% | Rs18.62 Billion | Rs73.16 Million | Rs74.20 Billion | ▲ +1.4 pp |
| 2022 | 98.3% | Rs4.40 Billion | Rs76.73 Million | Rs22.37 Billion | ▲ +0.2 pp |
| 2021 | 98.0% | Rs3.93 Billion | Rs77.33 Million | Rs12.93 Billion | ▲ +4.6 pp |
| 2020 | 93.4% | Rs3.41 Billion | Rs224.74 Million | Rs9.38 Billion | ▼ -5.1 pp |
| 2019 | 98.5% | Rs2.58 Billion | Rs39.25 Million | Rs7.87 Billion | ▲ +297.6 pp |
| 2018 | -199.1% | Rs1.76 Billion | Rs5.26 Billion | Rs10.80 Billion | ▼ -54.2 pp |
| 2017 | -144.9% | Rs2.25 Billion | Rs5.50 Billion | Rs10.92 Billion | — |