TBO Tek Ltd (TBOTEK) - Net Assets
Based on the latest financial reports, TBO Tek Ltd (TBOTEK) has net assets worth Rs13.86 Billion INR (≈ $149.89 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 (Rs72.72 Billion ≈ $786.46 Million USD) and total liabilities (Rs58.86 Billion ≈ $636.57 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 TBO Tek Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs13.86 Billion |
| % of Total Assets | 19.06% |
| Annual Growth Rate | 72.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.74 |
TBO Tek Ltd - Net Assets Trend (2022–2025)
This chart illustrates how TBO Tek Ltd's net assets have evolved over time, based on quarterly financial data. See TBOTEK days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for TBO Tek Ltd (2022–2025)
The table below shows the annual net assets of TBO Tek Ltd from 2022 to 2025. For live valuation and market cap data, see TBO Tek Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs11.95 Billion ≈ $129.24 Million |
+119.35% |
| 2024-03-31 | Rs5.45 Billion ≈ $58.92 Million |
+61.57% |
| 2023-03-31 | Rs3.37 Billion ≈ $36.47 Million |
+45.40% |
| 2022-03-31 | Rs2.32 Billion ≈ $25.08 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TBO Tek Ltd'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 grown by 306.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.97 Billion | 58.29% |
| Common Stock | Rs108.59 Million | 0.91% |
| Other Comprehensive Income | Rs555.36 Million | 4.65% |
| Other Components | Rs4.32 Billion | 36.15% |
| Total Equity | Rs11.95 Billion | 100.00% |
TBO Tek Ltd Competitors by Market Cap
The table below lists competitors of TBO Tek Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kfin Technologies Limited
NSE:KFINTECH
|
$1.69 Billion |
|
Uwc Bhd
KLSE:5292
|
$1.69 Billion |
|
Bingo Software Co Ltd
SHG:688227
|
$1.69 Billion |
|
Gas Malaysia Bhd
KLSE:5209
|
$1.69 Billion |
|
Nanjing King-friend Biochemical Pharmaceutical Co Ltd
SHG:603707
|
$1.69 Billion |
|
BCO LATINOAMER.D.COM.EX.E
F:D8Q
|
$1.69 Billion |
|
Fibra Terrafina
MX:TERRA13
|
$1.69 Billion |
|
Hunan Nanling Industrial Explosive Materials Co Ltd
SHE:002096
|
$1.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TBO Tek Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,448,070,000 to 11,950,570,000, a change of 6,502,500,000 (119.4%).
- Net income of 2,298,910,000 contributed positively to equity growth.
- New share issuances of 3,897,920,000 increased equity.
- Other comprehensive income increased equity by 555,360,000.
- Other factors decreased equity by 249,690,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.30 Billion | +19.24% |
| Share Issuances | Rs3.90 Billion | +32.62% |
| Other Comprehensive Income | Rs555.36 Million | +4.65% |
| Other Changes | Rs-249.69 Million | -2.09% |
| Total Change | Rs- | 119.35% |
Book Value vs Market Value Analysis
This analysis compares TBO Tek Ltd'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: 13.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 68.61x to 13.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | Rs21.36 | Rs1465.20 | x |
| 2023-03-31 | Rs31.34 | Rs1465.20 | x |
| 2024-03-31 | Rs50.17 | Rs1465.20 | x |
| 2025-03-31 | Rs111.66 | Rs1465.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TBO Tek Ltd 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): 19.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.23%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 5.20x
- Recent ROE (19.24%) is below the historical average (28.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 14.54% | 7.72% | 0.34x | 5.48x | Rs105.27 Million |
| 2023 | 42.39% | 14.68% | 0.38x | 7.52x | Rs1.10 Billion |
| 2024 | 37.10% | 15.78% | 0.26x | 8.92x | Rs1.48 Billion |
| 2025 | 19.24% | 13.23% | 0.28x | 5.20x | Rs1.10 Billion |
Industry Comparison
This section compares TBO Tek Ltd's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $2,976,978,000
- Average return on equity (ROE) among peers: -8.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TBO Tek Ltd (TBOTEK) | Rs13.86 Billion | 14.54% | 4.25x | $1.69 Billion |
| Easy Trip Planners Limited (EASEMYTRIP) | $1.63 Billion | 37.51% | 1.44x | $314.26 Million |
| Indian Railway Catering And Tourism Corporation Limited (IRCTC) | $4.07 Billion | 15.12% | 1.13x | $4.53 Billion |
| Le Travenues Technology Ltd (IXIGO) | $3.87 Billion | 5.59% | 0.51x | $896.15 Million |
| Yatra Online Limited (YATRA) | $2.34 Billion | -90.79% | 4.16x | $188.59 Million |
About TBO Tek Ltd
TBO Tek Limited operates travel distribution platforms in India and internationally. It offers an online technology platform which provides its customers access to book global travel inventory through travel suppliers like airlines, hotels, car rentals, transfers, cruises, insurance, rail services, and others. The company's products include hotels, air, packages, car rentals, transfers, sightseei… Read more