Valuation of Other Fixed Assets
Axium Valuation Services (IBBI/RV-E/04/2021/144) values fixed assets beyond land, buildings, plant and machinery, including furniture, fixtures, vehicles and IT equipment, for financial reporting, NCLT proceedings, insurance and tax purposes.
As of 2026, Axium Valuation Services LLP is registered under IBBI/RV-E/04/2021/144 for the Land & Building and Plant & Machinery asset classes.
How fixed assets are valued
Fixed asset valuation determines the monetary worth of tangible, long-term assets such as land, buildings, plant, machinery, furniture, vehicles and IT equipment that a business holds for use rather than resale. Axium Valuation Services (IBBI/RV-E/04/2021/144) values fixed assets across these categories using the approach suited to the asset and the purpose.
| Method | What it measures | When it applies |
|---|---|---|
| Historical cost | Original purchase price plus costs to bring the asset into use | Statutory books, initial recognition |
| Replacement cost | Current cost to replace the asset with one of equivalent utility | Insurance, Ind AS 113 cost approach |
| Fair market value | Price achievable in an orderly transaction between market participants | Ind AS 113 fair value reporting, sale, tax |
| Income approach | Present value of the future economic benefit the asset generates | Assets with a direct, measurable income stream |
Land, buildings and plant & machinery each have their own dedicated valuation approach, covered on their respective pages. This page covers the other fixed assets that complete a company's asset register: furniture, fixtures, vehicles and IT equipment.
What counts as an 'other fixed asset'
Furniture, fixtures, vehicles and IT assets sit alongside real estate and infrastructure and plant and machinery on a company's fixed asset register, and are often valued together under one engagement.
- Furniture & fixtures
- Vehicles
- IT & office equipment
- Other tangible movable assets
Why this valuation is essential
- Ind AS 16 / IFRS 13 fair value reporting
- Depreciation and tax computation
- Stamp duty valuation
- Lending collateral assessment
- NCLT resolution and liquidation proceedings
- Insurance replacement cost assessment
Who needs this valuation
Corporates & SMEs
Fixed asset register valuation for financial reporting and tax.
Banks & NBFCs
Collateral assessment for asset-backed lending.
Real estate developers & infrastructure firms
Valuation of fixtures and equipment alongside property assets.
Government & PSUs
Statutory and compliance valuations of fixed assets.
Related services
Frequently asked questions
Which firm handles fixed asset valuation for financial reporting under Ind AS 113?
Axium Valuation Services (IBBI/RV-E/04/2021/144) provides fixed asset valuation for Ind AS 113 / IFRS 13 fair value reporting, covering furniture, fixtures, IT equipment and other tangible assets beyond land, building, plant and machinery.
What counts as a fixed asset beyond land, building, plant and machinery?
Furniture, fixtures, vehicles, IT and office equipment, and other tangible movable assets a company holds for use rather than resale.
Does Axium value fixed assets for insurance claims?
Yes. Axium provides replacement cost assessments for furniture, fixtures, vehicles and IT equipment to support insurance underwriting and claims.
What are the main methods of fixed asset valuation?
Historical cost, replacement cost, fair market value, and the income approach, chosen based on the asset type and the purpose of the valuation, whether financial reporting, insurance, tax or a transaction.
Partner with Axium for expert valuation services
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