HLV LIMITED (HLVLTD) - Net Assets
Based on the latest financial reports, HLV LIMITED (HLVLTD) has net assets worth Rs4.54 Billion INR (≈ $49.06 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 (Rs6.21 Billion ≈ $67.20 Million USD) and total liabilities (Rs1.68 Billion ≈ $18.14 Million 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 HLVLTD asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.54 Billion |
| % of Total Assets | 73.0% |
| Annual Growth Rate | -2.45% |
| 5-Year Change | 10.94% |
| 10-Year Change | 215.86% |
| Growth Volatility | 57.21 |
HLV LIMITED - Net Assets Trend (2005–2025)
This chart illustrates how HLV LIMITED's net assets have evolved over time, based on quarterly financial data. Also explore HLV LIMITED (HLVLTD) total assets for the complete picture of this company's asset base.
Annual Net Assets for HLV LIMITED (2005–2025)
The table below shows the annual net assets of HLV LIMITED from 2005 to 2025. For live valuation and market cap data, see HLVLTD market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs4.68 Billion ≈ $50.60 Million |
+5.51% |
| 2024-03-31 | Rs4.43 Billion ≈ $47.95 Million |
+5.88% |
| 2023-03-31 | Rs4.19 Billion ≈ $45.29 Million |
+1.59% |
| 2022-03-31 | Rs4.12 Billion ≈ $44.58 Million |
-2.25% |
| 2021-03-31 | Rs4.22 Billion ≈ $45.61 Million |
-7.79% |
| 2020-03-31 | Rs4.57 Billion ≈ $49.46 Million |
+72.28% |
| 2019-03-31 | Rs2.65 Billion ≈ $28.71 Million |
-30.90% |
| 2018-03-31 | Rs3.84 Billion ≈ $41.55 Million |
+193.42% |
| 2017-03-31 | Rs1.31 Billion ≈ $14.16 Million |
-11.60% |
| 2016-03-31 | Rs1.48 Billion ≈ $16.02 Million |
-64.55% |
| 2015-03-31 | Rs4.18 Billion ≈ $45.19 Million |
-51.96% |
| 2014-03-31 | Rs8.70 Billion ≈ $94.07 Million |
-28.84% |
| 2013-03-31 | Rs12.22 Billion ≈ $132.20 Million |
-23.14% |
| 2012-03-31 | Rs15.90 Billion ≈ $172.01 Million |
-25.45% |
| 2011-03-31 | Rs21.33 Billion ≈ $230.72 Million |
+3.86% |
| 2010-03-31 | Rs20.54 Billion ≈ $222.14 Million |
+0.98% |
| 2009-03-31 | Rs20.34 Billion ≈ $219.98 Million |
+118.71% |
| 2008-03-31 | Rs9.30 Billion ≈ $100.58 Million |
+3.55% |
| 2007-03-31 | Rs8.98 Billion ≈ $97.14 Million |
+9.36% |
| 2006-03-31 | Rs8.21 Billion ≈ $88.83 Million |
+6.98% |
| 2005-03-31 | Rs7.68 Billion ≈ $83.03 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to HLV 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 560561400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs1.32 Billion | 28.18% |
| Other Comprehensive Income | Rs2.19 Billion | 46.78% |
| Other Components | Rs6.78 Billion | 144.86% |
| Total Equity | Rs4.68 Billion | 100.00% |
HLV LIMITED Competitors by Market Cap
The table below lists competitors of HLV LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coheris SA
PA:COH
|
$64.53 Million |
|
Ascot Resources Ltd.
TO:AOT
|
$64.55 Million |
|
Peninsula Land Limited
NSE:PENINLAND
|
$64.58 Million |
|
ad pepper media International N.V
XETRA:APM
|
$64.58 Million |
|
Articore Group Ltd
AU:ATG
|
$64.52 Million |
|
DIGITAL CHOSUN Inc
KQ:033130
|
$64.52 Million |
|
Ginar Technology Co Ltd
TWO:6151
|
$64.50 Million |
|
Makarony Polskie S.A.
WAR:MAK
|
$64.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HLV LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,434,258,000 to 4,678,600,000, a change of 244,342,000 (5.5%).
- Net income of 261,300,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 16,894,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs261.30 Million | +5.59% |
| Other Comprehensive Income | Rs-16.89 Million | -0.36% |
| Other Changes | Rs-64.00K | -0.0% |
| Total Change | Rs- | 5.51% |
Book Value vs Market Value Analysis
This analysis compares HLV 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: 1.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.36x to 1.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs25.06 | Rs9.05 | x |
| 2006-03-31 | Rs19.55 | Rs9.05 | x |
| 2007-03-31 | Rs21.34 | Rs9.05 | x |
| 2008-03-31 | Rs19.24 | Rs9.05 | x |
| 2009-03-31 | Rs43.98 | Rs9.05 | x |
| 2010-03-31 | Rs45.88 | Rs9.05 | x |
| 2011-03-31 | Rs51.55 | Rs9.05 | x |
| 2012-03-31 | Rs41.01 | Rs9.05 | x |
| 2013-03-31 | Rs30.52 | Rs9.05 | x |
| 2014-03-31 | Rs19.99 | Rs9.05 | x |
| 2015-03-31 | Rs9.10 | Rs9.05 | x |
| 2016-03-31 | Rs3.17 | Rs9.05 | x |
| 2017-03-31 | Rs2.81 | Rs9.05 | x |
| 2018-03-31 | Rs7.14 | Rs9.05 | x |
| 2019-03-31 | Rs4.21 | Rs9.05 | x |
| 2020-03-31 | Rs7.25 | Rs9.05 | x |
| 2021-03-31 | Rs6.69 | Rs9.05 | x |
| 2022-03-31 | Rs6.37 | Rs9.05 | x |
| 2023-03-31 | Rs6.35 | Rs9.05 | x |
| 2024-03-31 | Rs6.73 | Rs9.05 | x |
| 2025-03-31 | Rs7.16 | Rs9.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HLV 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): 5.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.85%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.35x
- Recent ROE (5.59%) is above the historical average (-13.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 5.83% | 17.44% | 0.17x | 2.00x | Rs-320.17 Million |
| 2006 | 8.58% | 19.35% | 0.18x | 2.53x | Rs-116.97 Million |
| 2007 | 14.09% | 28.00% | 0.22x | 2.34x | Rs367.82 Million |
| 2008 | 16.14% | 25.48% | 0.18x | 3.51x | Rs571.08 Million |
| 2009 | 7.17% | 25.05% | 0.12x | 2.42x | Rs-575.70 Million |
| 2010 | 2.19% | 9.41% | 0.09x | 2.60x | Rs-1.60 Billion |
| 2011 | 1.85% | 7.02% | 0.09x | 3.01x | Rs-1.71 Billion |
| 2012 | 1.17% | 3.26% | 0.09x | 3.93x | Rs-1.40 Billion |
| 2013 | -35.46% | -67.24% | 0.10x | 5.20x | Rs-5.56 Billion |
| 2014 | -50.76% | -61.45% | 0.11x | 7.23x | Rs-5.28 Billion |
| 2015 | -99.52% | -65.34% | 0.11x | 13.95x | Rs-4.58 Billion |
| 2016 | -121.63% | -27.26% | 0.14x | 32.90x | Rs-1.95 Billion |
| 2017 | -11.81% | -2.21% | 0.15x | 36.16x | Rs-285.51 Million |
| 2018 | -6.04% | -16.84% | 0.03x | 11.87x | Rs-616.35 Million |
| 2019 | -44.80% | -77.05% | 0.04x | 15.78x | Rs-1.45 Billion |
| 2020 | 42.35% | 132.97% | 0.22x | 1.44x | Rs1.48 Billion |
| 2021 | -8.52% | -189.88% | 0.03x | 1.41x | Rs-781.00 Million |
| 2022 | -10.31% | -58.23% | 0.13x | 1.36x | Rs-837.34 Million |
| 2023 | 1.83% | 4.42% | 0.31x | 1.35x | Rs-342.33 Million |
| 2024 | 5.37% | 11.96% | 0.34x | 1.31x | Rs-205.40 Million |
| 2025 | 5.59% | 12.85% | 0.32x | 1.35x | Rs-206.56 Million |
Industry Comparison
This section compares HLV LIMITED's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $5,001,991,520
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HLV LIMITED (HLVLTD) | Rs4.54 Billion | 5.83% | 0.37x | $64.52 Million |
| Advani Hotels & Resorts (India) Limited (ADVANIHOTR) | $627.26 Million | 45.60% | 0.43x | $55.18 Million |
| Asian Hotels (East) Limited (AHLEAST) | $7.75 Billion | -0.44% | 0.27x | $30.95 Million |
| Asian Hotels (North) Limited (ASIANHOTNR) | $7.29 Billion | -4.89% | 1.94x | $136.54 Million |
| Blue Coast Hotels Limited (BLUECOAST) | $2.15 Billion | -8.46% | 2.17x | $5.91 Million |
| The Byke Hospitality Ltd (BYKE) | $670.46 Million | 3.58% | 0.40x | $21.56 Million |
| Country Club Hospitality & Holidays Limited (CCHHL) | $3.12 Billion | -1.56% | 0.97x | $25.21 Million |
| Chalet Hotels Limited (CHALET) | $14.16 Billion | -9.82% | 1.82x | $1.87 Billion |
| EIH Associated Hotels Limited (EIHAHOTELS) | $3.97 Billion | 16.29% | 0.27x | $219.42 Million |
| EIH Limited (EIHOTEL) | $9.99 Billion | 19.57% | 1.25x | $2.27 Billion |
| Sri Havisha Hospitality and Infrastructure Limited (HAVISHA) | $297.80 Million | -13.93% | 1.55x | $2.61 Million |
About HLV LIMITED
HLV Limited engages in owning, operating, and managing hotels, palaces, and resorts in India. It owns and operates The Leela Mumbai hotel. The company was formerly known as Hotel Leelaventure Limited and changed its name to HLV Limited in December 2019. HLV Limited was incorporated in 1981 and is based in Mumbai, India.