Heads UP Ventures Limited (HEADSUP) - Net Assets
Based on the latest financial reports, Heads UP Ventures Limited (HEADSUP) has net assets worth Rs190.60 Million INR (≈ $2.06 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs273.96 Million ≈ $2.96 Million USD) and total liabilities (Rs83.36 Million ≈ $901.55K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Heads UP Ventures Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs190.60 Million |
| % of Total Assets | 69.57% |
| Annual Growth Rate | N/A |
| 5-Year Change | -53.74% |
| 10-Year Change | -75.9% |
| Growth Volatility | 26.09 |
Heads UP Ventures Limited - Net Assets Trend (2012–2025)
This chart illustrates how Heads UP Ventures Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Heads UP Ventures Limited for the complete picture of this company's asset base.
Annual Net Assets for Heads UP Ventures Limited (2012–2025)
The table below shows the annual net assets of Heads UP Ventures Limited from 2012 to 2025. For live valuation and market cap data, see Heads UP Ventures Limited (HEADSUP) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs153.35 Million ≈ $1.66 Million |
+10.00% |
| 2024-03-31 | Rs139.41 Million ≈ $1.51 Million |
-23.22% |
| 2023-03-31 | Rs181.57 Million ≈ $1.96 Million |
-34.63% |
| 2022-03-31 | Rs277.77 Million ≈ $3.00 Million |
-16.20% |
| 2021-03-31 | Rs331.48 Million ≈ $3.58 Million |
-7.96% |
| 2020-03-31 | Rs360.14 Million ≈ $3.89 Million |
-46.12% |
| 2019-03-31 | Rs668.39 Million ≈ $7.23 Million |
-0.86% |
| 2018-03-31 | Rs674.20 Million ≈ $7.29 Million |
+15.66% |
| 2017-03-31 | Rs582.89 Million ≈ $6.30 Million |
-8.38% |
| 2016-03-31 | Rs636.23 Million ≈ $6.88 Million |
+50.71% |
| 2015-03-31 | Rs422.14 Million ≈ $4.57 Million |
+110609.16% |
| 2014-03-31 | Rs-382.00K ≈ $-4.13K |
-4.09% |
| 2013-03-31 | Rs-367.00K ≈ $-3.97K |
-4.26% |
| 2012-03-31 | Rs-352.00K ≈ $-3.81K |
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Equity Component Analysis
This analysis shows how different components contribute to Heads UP Ventures Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6712800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs220.83 Million | 144.01% |
| Other Comprehensive Income | Rs-67.48 Million | -44.01% |
| Other Components | Rs67.98 Million | 44.33% |
| Total Equity | Rs153.35 Million | 100.00% |
Heads UP Ventures Limited Competitors by Market Cap
The table below lists competitors of Heads UP Ventures Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KATORO GOLD PLC LS-01
F:622
|
$1.74 Million |
|
Warpaint London PLC
LSE:W7L
|
$1.74 Million |
|
CANNABIS POLAND AB ZY-10
F:8TE
|
$1.75 Million |
|
Northcliff Citranusa Indonesia Tbk PT
JK:SKYB
|
$1.75 Million |
|
Fram Skandinavien AB Series B
ST:FRAM-B
|
$1.74 Million |
|
Knights Group Holdings plc
LSE:KGH
|
$1.74 Million |
|
American Rebel Holdings Inc
NASDAQ:AREB
|
$1.73 Million |
|
Steakholder Foods Ltd
NASDAQ:STKH
|
$1.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heads UP Ventures Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 139,410,000 to 153,346,000, a change of 13,936,000 (10.0%).
- Net income of 13,938,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 67,980,000.
- Other factors increased equity by 67,978,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs13.94 Million | +9.09% |
| Other Comprehensive Income | Rs-67.98 Million | -44.33% |
| Other Changes | Rs67.98 Million | +44.33% |
| Total Change | Rs- | 10.00% |
Book Value vs Market Value Analysis
This analysis compares Heads UP Ventures Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | Rs-0.02 | Rs7.28 | x |
| 2013-03-31 | Rs-0.02 | Rs7.28 | x |
| 2014-03-31 | Rs-0.02 | Rs7.28 | x |
| 2015-03-31 | Rs19.11 | Rs7.28 | x |
| 2016-03-31 | Rs28.81 | Rs7.28 | x |
| 2017-03-31 | Rs26.40 | Rs7.28 | x |
| 2018-03-31 | Rs30.53 | Rs7.28 | x |
| 2019-03-31 | Rs30.27 | Rs7.28 | x |
| 2020-03-31 | Rs16.31 | Rs7.28 | x |
| 2021-03-31 | Rs15.01 | Rs7.28 | x |
| 2022-03-31 | Rs12.58 | Rs7.28 | x |
| 2023-03-31 | Rs8.22 | Rs7.28 | x |
| 2024-03-31 | Rs6.31 | Rs7.28 | x |
| 2025-03-31 | Rs6.93 | Rs7.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heads UP Ventures Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 98.18%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.19x
- Recent ROE (9.09%) is above the historical average (-5.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | Rs-816.80K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | Rs21.70K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | Rs23.20K |
| 2015 | 47.78% | 11.73% | 1.55x | 2.63x | Rs159.49 Million |
| 2016 | 33.66% | 9.93% | 1.46x | 2.32x | Rs150.52 Million |
| 2017 | 23.98% | 5.43% | 1.93x | 2.28x | Rs81.51 Million |
| 2018 | 13.39% | 3.51% | 1.91x | 1.99x | Rs22.85 Million |
| 2019 | -0.88% | -0.27% | 1.82x | 1.80x | Rs-72.73 Million |
| 2020 | -86.22% | -20.55% | 2.63x | 1.60x | Rs-346.52 Million |
| 2021 | -8.41% | -631.69% | 0.01x | 1.33x | Rs-61.04 Million |
| 2022 | -19.30% | -550.87% | 0.03x | 1.27x | Rs-81.38 Million |
| 2023 | -53.18% | -1318.85% | 0.03x | 1.18x | Rs-114.71 Million |
| 2024 | -30.97% | -687.56% | 0.04x | 1.17x | Rs-57.12 Million |
| 2025 | 9.09% | 98.18% | 0.08x | 1.19x | Rs-1.40 Million |
Industry Comparison
This section compares Heads UP Ventures Limited's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $3,980,236,637
- Average return on equity (ROE) among peers: 13.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heads UP Ventures Limited (HEADSUP) | Rs190.60 Million | 0.00% | 0.44x | $1.74 Million |
| Go Fashion (India) Limited (GOCOLORS) | $2.86 Billion | 18.38% | 0.81x | $164.69 Million |
| Indian Terrain Fashions Limited (INDTERRAIN) | $361.80 Million | 27.31% | 2.89x | $16.51 Million |
| SAI SILKS (KALAMANDIR) LIMITED (KALAMANDIR) | $3.16 Billion | 17.22% | 2.34x | $161.50 Million |
| Metro Brands Limited (METROBRAND) | $6.69 Billion | 23.08% | 0.97x | $3.01 Billion |
| Credo Brands Marketing Limited (MUFTI) | $2.36 Billion | 15.16% | 1.02x | $54.98 Million |
| Baazar Style Retail Limited (STYLEBAAZA) | $1.44 Billion | -5.57% | 4.25x | $313.62 Million |
| Suumaya Industries Limited (SUULD) | $246.98 Million | 5.89% | 1.10x | $1.04 Million |
| Trent Limited (TRENT) | $15.96 Billion | 5.45% | 0.46x | $15.93 Billion |
| V2 Retail Limited (V2RETAIL) | $2.74 Billion | 11.35% | 0.42x | $78.34 Million |
About Heads UP Ventures Limited
Heads UP Ventures Limited operates fashion apparels and accessories business in India and internationally. It retails and distributes shirts, t-shirt, jackets, hoodies, sweatshirts, caps, hats, socks, underwear, belts, bags, and flip flops. It offers its products under the HUP and Device of Turtle brand names and, as well as through e-commerce platform. The company was formerly known as The Mandh… Read more