Thomas Cook (India) Limited
Thomas Cook (India) Limited offers integrated travel services in India and internationally. It operates through financial services, travel and related services, vacation ownership and resorts business, and digiphoto imaging services segments. The financial services segment engages in the wholesale, and retail purchase and sale of foreign currencies and paid documents. Its service segment is invol… Read more
Thomas Cook (India) Limited (THOMASCOOK) - Net Assets
Latest net assets as of September 2025: ₹23.42 Billion INR
Based on the latest financial reports, Thomas Cook (India) Limited (THOMASCOOK) has net assets worth ₹23.42 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹74.84 Billion) and total liabilities (₹51.42 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹23.42 Billion |
| % of Total Assets | 31.3% |
| Annual Growth Rate | 14.68% |
| 5-Year Change | 16.74% |
| 10-Year Change | 70.8% |
| Growth Volatility | 86.4 |
Thomas Cook (India) Limited - Net Assets Trend (2005–2025)
This chart illustrates how Thomas Cook (India) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Thomas Cook (India) Limited (2005–2025)
The table below shows the annual net assets of Thomas Cook (India) Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹22.37 Billion | +10.05% |
| 2024-03-31 | ₹20.32 Billion | +21.36% |
| 2023-03-31 | ₹16.75 Billion | +1.19% |
| 2022-03-31 | ₹16.55 Billion | -13.62% |
| 2021-03-31 | ₹19.16 Billion | +13.08% |
| 2020-03-31 | ₹16.94 Billion | -81.08% |
| 2019-03-31 | ₹89.55 Billion | +3.11% |
| 2018-03-31 | ₹86.84 Billion | +382.06% |
| 2017-03-31 | ₹18.02 Billion | +37.57% |
| 2016-03-31 | ₹13.10 Billion | -6.03% |
| 2015-03-31 | ₹13.94 Billion | +89.65% |
| 2014-03-31 | ₹7.35 Billion | +67.60% |
| 2013-03-31 | ₹4.38 Billion | +11.77% |
| 2012-03-31 | ₹3.92 Billion | +15.12% |
| 2011-03-31 | ₹3.41 Billion | +12.83% |
| 2010-03-31 | ₹3.02 Billion | +34.82% |
| 2009-03-31 | ₹2.24 Billion | +14.60% |
| 2008-03-31 | ₹1.95 Billion | +22.89% |
| 2007-03-31 | ₹1.59 Billion | -4.69% |
| 2006-03-31 | ₹1.67 Billion | +15.38% |
| 2005-03-31 | ₹1.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thomas Cook (India) 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 830290000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹470.40 Million | 2.08% |
| Other Comprehensive Income | ₹7.52 Billion | 33.26% |
| Other Components | ₹22.91 Billion | 101.40% |
| Total Equity | ₹22.60 Billion | 100.00% |
Thomas Cook (India) Limited Competitors by Market Cap
The table below lists competitors of Thomas Cook (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Empresas Navieras SA
SN:NAVIERA
|
$106.96 Million |
|
Desktop Metal Inc
NYSE:DM
|
$106.96 Million |
|
Steelcast Limited
NSE:STEELCAS
|
$106.97 Million |
|
Nongshim Holdi
KO:072710
|
$107.03 Million |
|
Honat Bancorp Inc
PINK:HONT
|
$106.94 Million |
|
OBI Pharma
TWO:4174
|
$106.86 Million |
|
Maxim Power Corp
PINK:MXGFF
|
$106.84 Million |
|
FREYR Battery SA
NYSE:FREY
|
$106.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thomas Cook (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,573,600,000 to 22,596,100,000, a change of 2,022,500,000 (9.8%).
- Net income of 2,543,300,000 contributed positively to equity growth.
- Dividend payments of 331,100,000 reduced retained earnings.
- Share repurchases of 34,000,000 reduced equity.
- New share issuances of 34,000,000 increased equity.
- Other comprehensive income increased equity by 5,800,100,000.
- Other factors decreased equity by 5,989,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.54 Billion | +11.26% |
| Dividends Paid | ₹331.10 Million | -1.47% |
| Share Repurchases | ₹34.00 Million | -0.15% |
| Share Issuances | ₹34.00 Million | +0.15% |
| Other Comprehensive Income | ₹5.80 Billion | +25.67% |
| Other Changes | ₹-5.99 Billion | -26.51% |
| Total Change | ₹- | 9.83% |
Book Value vs Market Value Analysis
This analysis compares Thomas Cook (India) 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: 1.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 22.41x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹3.95 | ₹88.43 | x |
| 2006-03-31 | ₹4.55 | ₹88.43 | x |
| 2007-03-31 | ₹4.31 | ₹88.43 | x |
| 2008-03-31 | ₹5.33 | ₹88.43 | x |
| 2009-03-31 | ₹6.11 | ₹88.43 | x |
| 2010-03-31 | ₹8.24 | ₹88.43 | x |
| 2011-03-31 | ₹9.30 | ₹88.43 | x |
| 2012-03-31 | ₹10.70 | ₹88.43 | x |
| 2013-03-31 | ₹11.96 | ₹88.43 | x |
| 2014-03-31 | ₹18.80 | ₹88.43 | x |
| 2015-03-31 | ₹35.98 | ₹88.43 | x |
| 2016-03-31 | ₹32.29 | ₹88.43 | x |
| 2017-03-31 | ₹41.12 | ₹88.43 | x |
| 2018-03-31 | ₹235.53 | ₹88.43 | x |
| 2019-03-31 | ₹239.39 | ₹88.43 | x |
| 2020-03-31 | ₹44.88 | ₹88.43 | x |
| 2021-03-31 | ₹52.01 | ₹88.43 | x |
| 2022-03-31 | ₹45.31 | ₹88.43 | x |
| 2023-03-31 | ₹37.43 | ₹88.43 | x |
| 2024-03-31 | ₹44.23 | ₹88.43 | x |
| 2025-03-31 | ₹48.51 | ₹88.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thomas Cook (India) 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): 11.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.12%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 3.15x
- Recent ROE (11.26%) is above the historical average (11.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 19.39% | 21.23% | 0.52x | 1.77x | ₹135.76 Million |
| 2006 | 17.07% | 21.76% | 0.46x | 1.69x | ₹117.95 Million |
| 2007 | 23.93% | 16.10% | 0.35x | 4.19x | ₹219.94 Million |
| 2008 | 26.56% | 18.14% | 0.42x | 3.48x | ₹323.70 Million |
| 2009 | 18.09% | 13.07% | 0.47x | 2.93x | ₹181.16 Million |
| 2010 | 8.28% | 9.46% | 0.37x | 2.39x | ₹-51.87 Million |
| 2011 | 13.84% | 15.20% | 0.39x | 2.32x | ₹130.87 Million |
| 2012 | 14.34% | 15.05% | 0.40x | 2.38x | ₹170.13 Million |
| 2013 | 11.50% | 12.10% | 0.44x | 2.18x | ₹65.94 Million |
| 2014 | 9.03% | 4.86% | 0.84x | 2.21x | ₹-66.61 Million |
| 2015 | 6.52% | 3.11% | 0.92x | 2.27x | ₹-459.20 Million |
| 2016 | -3.19% | -0.95% | 0.85x | 3.96x | ₹-1.57 Billion |
| 2017 | 2.86% | 0.53% | 1.27x | 4.22x | ₹-1.09 Billion |
| 2018 | 68.82% | 56.26% | 0.87x | 1.41x | ₹51.01 Billion |
| 2019 | 0.95% | 1.29% | 0.50x | 1.48x | ₹-8.05 Billion |
| 2020 | -1.06% | -0.26% | 1.23x | 3.32x | ₹-1.84 Billion |
| 2021 | -13.17% | -32.02% | 0.17x | 2.47x | ₹-4.47 Billion |
| 2022 | -13.52% | -12.14% | 0.41x | 2.74x | ₹-3.99 Billion |
| 2023 | 0.38% | 0.13% | 0.89x | 3.32x | ₹-1.65 Billion |
| 2024 | 12.59% | 3.54% | 1.14x | 3.12x | ₹532.94 Million |
| 2025 | 11.26% | 3.12% | 1.14x | 3.15x | ₹283.69 Million |
Industry Comparison
This section compares Thomas Cook (India) Limited's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $8,892,177,800
- Average return on equity (ROE) among peers: -100.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thomas Cook (India) Limited (THOMASCOOK) | ₹23.42 Billion | 19.39% | 2.20x | $106.95 Million |
| Easy Trip Planners Limited (EASEMYTRIP) | $1.01 Billion | 32.58% | 1.86x | $136.29 Million |
| Indian Railway Catering And Tourism Corporation Limited (IRCTC) | $36.63 Billion | 35.89% | 0.86x | $1.83 Billion |
| Le Travenues Technology Ltd (IXIGO) | $3.87 Billion | 5.59% | 0.51x | $371.04 Million |
| TBO Tek Ltd (TBOTEK) | $2.32 Billion | 14.54% | 4.48x | $453.62 Million |
| Yatra Online Limited (YATRA) | $624.50 Million | -592.38% | 16.61x | $62.46 Million |