TSC India (NSE:TSC) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)

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NSE:TSC TSC India Ltd NSE:TSC
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What is TSC India Scaled Net Operating Assets?

TSC India NSE:TSC -3.55% 16 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates NSE:TSC with a GF Score™ of 16/100. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TSC India's operating assets for the quarter that ended in Mar. 2026 was ₹899.5 Mil. TSC India's operating liabilities for the quarter that ended in Mar. 2026 was ₹290.7 Mil. TSC India's Total Assets for the quarter that ended in Sep. 2025 was ₹896.3 Mil. Therefore, TSC India's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


TSC India Scaled Net Operating Assets Historical Data

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The historical data trend for TSC India's Scaled Net Operating Assets 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.

TSC India Scaled Net Operating Assets Chart

TSC India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
0.69 0.87 0.76 0.99

TSC India Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.87 0.00 0.00 1.04 0.68

NSE:TSC vs BKNG, ABNB, RCL: Scaled Net Operating Assets Comparison

For the Travel Services subindustry, TSC India's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


TSC India Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TSC India's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where TSC India's Scaled Net Operating Assets falls into.


NSE:TSC
16GF Score
TSC India Ltd NSE:TSC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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TSC India Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TSC India's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(899.531-290.703)/614.475
=0.99

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=979.444 - 79.913
=899.531

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=478.592 - 26.673 - 161.216
=290.703

TSC India's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(899.531-290.703)/896.299
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=979.444 - 79.913
=899.531

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=478.592 - 26.673 - 161.216
=290.703

* 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 Scaled Net Operating Assets of 0.68 mean?
TSC India (NSE:TSC) has a Scaled Net Operating Assets of 0.68 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TSC India and its competitors.
Is TSC India's Scaled Net Operating Assets too high?
TSC India's current Scaled Net Operating Assets is 0.68. Overall, TSC India has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TSC India's Scaled Net Operating Assets compare to BKNG and ABNB?
TSC India's Scaled Net Operating Assets of 0.68 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TSC India and its competitors. TSC India's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSC India stock overvalued right now?
TSC India (NSE:TSC) has a current Scaled Net Operating Assets of 0.68. The current Scaled Net Operating Assets is 0.68. TSC India's overall GF Score™ is 16/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For TSC India (NSE:TSC), the current Scaled Net Operating Assets is 0.68 as of Mar. 2026. 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.

TSC India Business Description

Address Plot No. 21-22, G.T. Road, Office No. 3, 2nd Floor, Midland Financial Centre, Jalandhar, PB, IND, 144001
TSC India Ltd is a travel management company which specializes in providing comprehensive air ticketing services tailored to the requirements of its clients. The Company is focused on serving the B2B and corporate sectors. TSC works in close collaboration with airlines and travel agents to deliver cost-effective and streamlined travel solutions to end user customers. Its operations encompass partnerships with a range of travel service providers, enabling it to manage various aspects of travel planning, including booking air tickets. The company operates in multiple cities across India, including Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, reflecting its growing geographical presence.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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