TVS Electronics Limited
TVS Electronics Limited, through its subsidiaries, designs, manufactures, assembles, markets, sells, and services various products in India. It operates through Products & Solutions; and Customer Support Services segments. The company offers dot matrix, thermal receipt, label, mobile, specialty, and pos dmp printers, as well as ribbon cartridge and genuine spares; membrane, mechanical, combos, wi… Read more
TVS Electronics Limited (TVSELECT) - Net Assets
Latest net assets as of September 2025: ₹913.10 Million INR
Based on the latest financial reports, TVS Electronics Limited (TVSELECT) has net assets worth ₹913.10 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.76 Billion) and total liabilities (₹1.84 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 | ₹913.10 Million |
| % of Total Assets | 33.13% |
| Annual Growth Rate | 3.99% |
| 5-Year Change | 13.63% |
| 10-Year Change | 82.05% |
| Growth Volatility | 25.67 |
TVS Electronics Limited - Net Assets Trend (1997–2025)
This chart illustrates how TVS Electronics 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 TVS Electronics Limited (1997–2025)
The table below shows the annual net assets of TVS Electronics Limited from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹929.40 Million | -5.92% |
| 2024-03-31 | ₹987.90 Million | -2.96% |
| 2023-03-31 | ₹1.02 Billion | +9.92% |
| 2022-03-31 | ₹926.10 Million | +13.23% |
| 2021-03-31 | ₹817.90 Million | +1.45% |
| 2020-03-31 | ₹806.20 Million | -7.31% |
| 2019-03-31 | ₹869.80 Million | +5.83% |
| 2018-03-31 | ₹821.90 Million | +40.01% |
| 2017-03-31 | ₹587.03 Million | +14.99% |
| 2016-03-31 | ₹510.53 Million | +14.07% |
| 2015-03-31 | ₹447.56 Million | +5.15% |
| 2014-03-31 | ₹425.65 Million | +3.12% |
| 2013-03-31 | ₹412.75 Million | +5.83% |
| 2012-03-31 | ₹390.04 Million | +4.01% |
| 2011-03-31 | ₹374.99 Million | +3.96% |
| 2010-03-31 | ₹360.70 Million | -0.40% |
| 2009-03-31 | ₹362.15 Million | -17.79% |
| 2008-03-31 | ₹440.55 Million | +119.18% |
| 2007-03-31 | ₹201.00 Million | -0.50% |
| 2006-03-31 | ₹202.00 Million | -48.99% |
| 2005-03-31 | ₹396.00 Million | +6.74% |
| 2004-03-31 | ₹371.00 Million | +7.23% |
| 2003-03-31 | ₹346.00 Million | -2.81% |
| 2002-03-31 | ₹356.00 Million | +0.85% |
| 2001-03-31 | ₹353.00 Million | +6.97% |
| 2000-03-31 | ₹330.00 Million | +2.17% |
| 1999-03-31 | ₹323.00 Million | +0.31% |
| 1998-03-31 | ₹322.00 Million | +3.54% |
| 1997-03-31 | ₹311.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TVS Electronics 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 grown by 4402.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹540.30 Million | 58.13% |
| Common Stock | ₹186.50 Million | 20.07% |
| Other Comprehensive Income | ₹50.10 Million | 5.39% |
| Other Components | ₹152.50 Million | 16.41% |
| Total Equity | ₹929.40 Million | 100.00% |
TVS Electronics Limited Competitors by Market Cap
The table below lists competitors of TVS Electronics Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fermentalg S.A.
LSE:0QTJ
|
$29.19 Million |
|
MAAT PHARMA S.A. EO-1
F:4RD
|
$29.19 Million |
|
Fjord Defence Group ASA
OL:DFENS
|
$29.21 Million |
|
ROULARTA MEDIA GRP NV
F:O94
|
$29.21 Million |
|
CMUV Bancorp
OTCQB:CMUV
|
$29.18 Million |
|
AtlasClear Holdings, Inc.
NYSE MKT:ATCH
|
$29.16 Million |
|
PT Lovina Beach Brewery Tbk
JK:STRK
|
$29.15 Million |
|
Eureka Acquisition Corp Unit
NASDAQ:EURKU
|
$29.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TVS Electronics Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 987,900,000 to 929,400,000, a change of -58,500,000 (-5.9%).
- Net loss of 37,900,000 reduced equity.
- Dividend payments of 18,700,000 reduced retained earnings.
- Other comprehensive income increased equity by 300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-37.90 Million | -4.08% |
| Dividends Paid | ₹18.70 Million | -2.01% |
| Other Comprehensive Income | ₹300.00K | +0.03% |
| Other Changes | ₹-2.20 Million | -0.24% |
| Total Change | ₹- | -5.92% |
Book Value vs Market Value Analysis
This analysis compares TVS Electronics 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: 7.89x
- 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 21.59x to 7.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | ₹18.29 | ₹395.00 | x |
| 1998-03-31 | ₹18.94 | ₹395.00 | x |
| 1999-03-31 | ₹19.00 | ₹395.00 | x |
| 2000-03-31 | ₹19.35 | ₹395.00 | x |
| 2001-03-31 | ₹20.76 | ₹395.00 | x |
| 2002-03-31 | ₹21.00 | ₹395.00 | x |
| 2003-03-31 | ₹19.22 | ₹395.00 | x |
| 2004-03-31 | ₹20.56 | ₹395.00 | x |
| 2005-03-31 | ₹22.00 | ₹395.00 | x |
| 2006-03-31 | ₹11.22 | ₹395.00 | x |
| 2007-03-31 | ₹11.17 | ₹395.00 | x |
| 2008-03-31 | ₹27.10 | ₹395.00 | x |
| 2009-03-31 | ₹24.95 | ₹395.00 | x |
| 2010-03-31 | ₹20.41 | ₹395.00 | x |
| 2011-03-31 | ₹21.40 | ₹395.00 | x |
| 2012-03-31 | ₹22.07 | ₹395.00 | x |
| 2013-03-31 | ₹23.40 | ₹395.00 | x |
| 2014-03-31 | ₹23.79 | ₹395.00 | x |
| 2015-03-31 | ₹24.34 | ₹395.00 | x |
| 2016-03-31 | ₹33.11 | ₹395.00 | x |
| 2017-03-31 | ₹31.33 | ₹395.00 | x |
| 2018-03-31 | ₹43.95 | ₹395.00 | x |
| 2019-03-31 | ₹46.65 | ₹395.00 | x |
| 2020-03-31 | ₹43.26 | ₹395.00 | x |
| 2021-03-31 | ₹43.85 | ₹395.00 | x |
| 2022-03-31 | ₹49.66 | ₹395.00 | x |
| 2023-03-31 | ₹54.58 | ₹395.00 | x |
| 2024-03-31 | ₹52.97 | ₹395.00 | x |
| 2025-03-31 | ₹50.04 | ₹395.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TVS Electronics 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): -4.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.88%
- • Asset Turnover: 1.65x
- • Equity Multiplier: 2.81x
- Recent ROE (-4.08%) is below the historical average (-0.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 5.79% | 1.55% | 1.47x | 2.54x | ₹-13.10 Million |
| 1998 | 9.32% | 2.62% | 1.19x | 2.98x | ₹-2.20 Million |
| 1999 | 3.41% | 1.30% | 0.90x | 2.92x | ₹-21.30 Million |
| 2000 | 6.99% | 1.34% | 1.27x | 4.12x | ₹-9.90 Million |
| 2001 | 11.05% | 1.74% | 1.41x | 4.50x | ₹3.70 Million |
| 2002 | 4.48% | 0.74% | 1.33x | 4.55x | ₹-19.70 Million |
| 2003 | 2.02% | 2.95% | 0.14x | 4.92x | ₹-27.60 Million |
| 2004 | 10.00% | 1.39% | 1.39x | 5.16x | ₹0.00 |
| 2005 | 10.10% | 1.26% | 1.75x | 4.59x | ₹400.00K |
| 2006 | -149.50% | -11.37% | 1.63x | 8.06x | ₹-322.20 Million |
| 2007 | 8.96% | 0.65% | 1.72x | 8.03x | ₹-2.10 Million |
| 2008 | 14.24% | 3.02% | 1.60x | 2.94x | ₹18.68 Million |
| 2009 | -17.72% | -3.36% | 1.34x | 3.92x | ₹-100.37 Million |
| 2010 | -4.26% | -0.81% | 1.40x | 3.78x | ₹-51.45 Million |
| 2011 | 3.97% | 0.82% | 1.57x | 3.09x | ₹-22.60 Million |
| 2012 | 3.35% | 0.60% | 1.43x | 3.88x | ₹-25.92 Million |
| 2013 | -10.17% | -1.78% | 1.57x | 3.62x | ₹-83.26 Million |
| 2014 | 1.39% | 0.24% | 1.76x | 3.31x | ₹-36.66 Million |
| 2015 | 5.10% | 0.85% | 1.81x | 3.34x | ₹-21.92 Million |
| 2016 | 8.06% | 0.83% | 3.60x | 2.71x | ₹-11.78 Million |
| 2017 | 9.64% | 0.22% | 6.71x | 6.40x | ₹-2.10 Million |
| 2018 | 19.52% | 0.39% | 3.97x | 12.52x | ₹78.77 Million |
| 2019 | 8.55% | 0.27% | 16.73x | 1.89x | ₹-12.58 Million |
| 2020 | 0.48% | 0.15% | 1.45x | 2.21x | ₹-76.72 Million |
| 2021 | 0.94% | 0.34% | 1.32x | 2.08x | ₹-74.09 Million |
| 2022 | 16.30% | 4.90% | 1.52x | 2.19x | ₹58.39 Million |
| 2023 | 9.35% | 2.70% | 1.59x | 2.17x | ₹-6.60 Million |
| 2024 | 0.27% | 0.07% | 1.50x | 2.47x | ₹-96.09 Million |
| 2025 | -4.08% | -0.88% | 1.65x | 2.81x | ₹-130.84 Million |
Industry Comparison
This section compares TVS Electronics Limited's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $2,365,430,000
- Average return on equity (ROE) among peers: 7.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TVS Electronics Limited (TVSELECT) | ₹913.10 Million | 5.79% | 2.02x | $29.19 Million |
| EBGNG (EBGNG) | $2.27 Billion | 30.30% | 2.17x | $39.92K |
| ideaForge Technology Limited (IDEAFORGE) | $597.48 Million | -24.48% | 1.07x | $11.54 Billion |
| Netweb Technologies India Limited (NETWEB) | $4.23 Billion | 17.95% | 0.45x | $717.20 Million |