Tarini International (BOM:538496) Net Current Asset Value: ₹5.00 (As of Sep. 2025) — 109% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:538496 Tarini International Ltd BOM:538496
57 GF Score
Price ₹8.54
GF Value ₹23.57
Valuation Possible Value Trap
! 5 Warning Signs
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What is Tarini International Net Current Asset Value?

Tarini International BOM:538496 57 Net Current Asset Value is ₹5.00 as of Sep. 2025, which is 100% below its 10-year median of 2.39. GuruFocus rates BOM:538496 with a GF Score™ of 57/100 and a GF Value™ of ₹23.57 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,066 Construction companies, Tarini International ranks better than 73.73% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Tarini International's net current asset value per share for the quarter that ended in Sep. 2025 was ₹5.00.

The historical rank and industry rank for Tarini International's Net Current Asset Value or its related term are showing as below:

BOM:538496' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.68   Med: 2.39   Max: 5.52
Current: 1.71

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tarini International was 5.52. The lowest was 0.68. And the median was 2.39.

BOM:538496's Price-to-Net-Current-Asset-Value is ranked better than
73.73% of 1066 companies
in the Construction industry
Industry Median: 3.19 vs BOM:538496: 1.71

Tarini International  (BOM:538496) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Tarini International Net Current Asset Value Related Terms


Tarini International Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Tarini International's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tarini International Net Current Asset Value Chart

Tarini International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 5.41 5.03 5.07 5.38

Tarini International Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.82 5.07 5.36 5.38 5.00

BOM:538496 vs PWR, FIX, EME: Net Current Asset Value Comparison

For the Engineering & Construction subindustry, Tarini International's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tarini International Price-to-Net-Current-Asset-Value vs Construction Industry

For the Construction industry and Industrials sector, Tarini International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Tarini International's Price-to-Net-Current-Asset-Value falls into.


BOM:538496
57GF Score
Tarini International Ltd BOM:538496
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tarini International Net Current Asset Value Calculation

Tarini International's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(217.888-147.995-0-0)/12.998
=5.38

Tarini International's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2025 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(219.97-147.081-0-0)/14.572
=5.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹5.00 mean?
Tarini International (BOM:538496) has a Net Current Asset Value of ₹5.00 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tarini International and its competitors. This is 109% above median its historical median of 2.39. Over the past decade, Tarini International's Net Current Asset Value has ranged from 0.68 to 5.52. According to the industry distribution chart, Tarini International ranks #280 out of 1066 companies in the Construction industry, placing it in the top 26.3%.
Is Tarini International's Net Current Asset Value too high?
Tarini International's current Net Current Asset Value of ₹5.00 is 109% above median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 5.52. Based on the distribution chart, Tarini International ranks #280 out of 1066 companies in the Construction industry, which is above the industry midpoint. Overall, Tarini International has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tarini International's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Tarini International ranks #280 out of 1066 companies for Net Current Asset Value. This puts Tarini International in the upper half of its industry. The industry median Net Current Asset Value is 3.19. Historically, Tarini International's own Net Current Asset Value has ranged from 0.68 to 5.52 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Construction company?
The median Net Current Asset Value among Construction companies is 3.19, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tarini International and its competitors. For the Construction industry, the median Net Current Asset Value is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tarini International's current Net Current Asset Value is ₹5.00, which is 109% above median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tarini International stock overvalued right now?
Based on GuruFocus' analysis, Tarini International (BOM:538496) is currently considered Possible Value Trap. The stock's GF Value™ is ₹23.57, compared to a current price of ₹8.54 — trading 63.8% below its estimated fair value. The current Net Current Asset Value is ₹5.00, which is 109% above median its 10-year median of 2.39. Tarini International's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Tarini International (BOM:538496), the current Net Current Asset Value is ₹5.00 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tarini International (BOM:538496) Overvalued in 2026?

Based on GuruFocus' analysis, Tarini International stock appears to be undervalued. The current stock price of ₹8.54 is trading 63.8% below its estimated GF Value™ of ₹23.57. GuruFocus considers Tarini International to be Possible Value Trap.

Key valuation signals for BOM:538496:

  • Net Current Asset Value: ₹5.00 (109% above median its 10-year median of 2.39)
  • GF Value™: ₹23.57 vs. price of ₹8.54 (63.8% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the BOM:538496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tarini International Business Description

Address Lajpat Nagar - IV, D-2, 1st Floor, Amar Colony, New Delhi, IND, 110024
Tarini International Ltd is an India-based company. It is engaged in the business of turnkey contractors and consultancy in power generation, transmission, and distribution, and other EPC (engineering, procurement, construction) contracts. The company is involved in electricity generation as an independent power producer, distribution, and transmission, among others, in the areas of the energy sector, sugar, distillery, and cogeneration, and as a turnkey contractor, and technical, project consultancy services in the related areas. It generates revenue in the form of a contract.
57GF Score

Get the complete analysis for BOM:538496

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹8.54
Price
₹23.57
GF Value