TVS Holdings Limited (TVSHLTD) - Net Assets

Latest as of March 2026: Rs128.92 Billion INR ≈ $1.39 Billion USD

Based on the latest financial reports, TVS Holdings Limited (TVSHLTD) has net assets worth Rs128.92 Billion INR (≈ $1.39 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs640.08 Billion ≈ $6.92 Billion USD) and total liabilities (Rs511.16 Billion ≈ $5.53 Billion 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 TVSHLTD goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs128.92 Billion
% of Total Assets 20.14%
Annual Growth Rate 13.57%
5-Year Change 77.04%
10-Year Change 361.22%
Growth Volatility 17.48

TVS Holdings Limited - Net Assets Trend (2005–2026)

This chart illustrates how TVS Holdings Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of TVS Holdings Limited to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for TVS Holdings Limited (2005–2026)

The table below shows the annual net assets of TVS Holdings Limited from 2005 to 2026. For live valuation and market cap data, see TVS Holdings Limited (TVSHLTD) market capitalisation.

Year Net Assets Change
2026-03-31 Rs128.92 Billion
≈ $1.39 Billion		 +26.94%
2025-03-31 Rs101.56 Billion
≈ $1.10 Billion		 +45.26%
2024-03-31 Rs69.92 Billion
≈ $756.13 Million		 +14.74%
2023-03-31 Rs60.94 Billion
≈ $659.00 Million		 -16.32%
2022-03-31 Rs72.82 Billion
≈ $787.51 Million		 +56.15%
2021-03-31 Rs46.63 Billion
≈ $504.32 Million		 +17.18%
2020-03-31 Rs39.80 Billion
≈ $430.39 Million		 +2.06%
2019-03-31 Rs38.99 Billion
≈ $421.71 Million		 +16.66%
2018-03-31 Rs33.43 Billion
≈ $361.49 Million		 +19.58%
2017-03-31 Rs27.95 Billion
≈ $302.29 Million		 +21.95%
2016-03-31 Rs22.92 Billion
≈ $247.88 Million		 +25.70%
2015-03-31 Rs18.23 Billion
≈ $197.20 Million		 +20.17%
2014-03-31 Rs15.17 Billion
≈ $164.10 Million		 +24.21%
2013-03-31 Rs12.22 Billion
≈ $132.12 Million		 +18.87%
2012-03-31 Rs10.28 Billion
≈ $111.15 Million		 +11.55%
2011-03-31 Rs9.21 Billion
≈ $99.64 Million		 +10.06%
2010-03-31 Rs8.37 Billion
≈ $90.54 Million		 +10.83%
2009-03-31 Rs7.55 Billion
≈ $81.69 Million		 -20.26%
2008-03-31 Rs9.47 Billion
≈ $102.44 Million		 -14.04%
2007-03-31 Rs11.02 Billion
≈ $119.17 Million		 +7.56%
2006-03-31 Rs10.25 Billion
≈ $110.80 Million		 +15.00%
2005-03-31 Rs8.91 Billion
≈ $96.35 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to TVS Holdings 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Common Stock Rs101.20 Million 0.16%
Other Components Rs64.56 Billion 99.84%
Total Equity Rs64.66 Billion 100.00%

TVS Holdings Limited Competitors by Market Cap

The table below lists competitors of TVS Holdings Limited ranked by their market capitalization.

Company Market Cap
Brookfield Business Partners L.P.
TO:BBU-UN
 $2.94 Billion
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
 $2.94 Billion
Ambarella Inc
NASDAQ:AMBA
 $2.94 Billion
SIMMTECH Co. Ltd
KQ:222800
 $2.94 Billion
Skshu Paint Co Ltd
SHG:603737
 $2.94 Billion
Grand Plastic Technology
TWO:3131
 $2.94 Billion
Jiangxi Special Electric Motor Co Ltd
SHE:002176
 $2.94 Billion
Empresas CMPC
SN:CMPC
 $2.94 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TVS Holdings Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 46,873,900,000 to 64,657,300,000, a change of 17,783,400,000 (37.9%).
  • Net income of 16,956,900,000 contributed positively to equity growth.
  • Dividend payments of 4,575,600,000 reduced retained earnings.
  • New share issuances of 60,800,000 increased equity.
  • Other comprehensive income decreased equity by 17,483,200,000.
  • Other factors increased equity by 22,824,500,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs16.96 Billion +26.23%
Dividends Paid Rs4.58 Billion -7.08%
Share Issuances Rs60.80 Million +0.09%
Other Comprehensive Income Rs-17.48 Billion -27.04%
Other Changes Rs22.82 Billion +35.3%
Total Change Rs- 37.94%

Book Value vs Market Value Analysis

This analysis compares TVS Holdings 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: 4.20x
  • 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 42.60x to 4.20x 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 Rs315.10 Rs13424.00 x
2006-03-31 Rs364.07 Rs13424.00 x
2007-03-31 Rs351.19 Rs13424.00 x
2008-03-31 Rs279.26 Rs13424.00 x
2009-03-31 Rs201.14 Rs13424.00 x
2010-03-31 Rs248.99 Rs13424.00 x
2011-03-31 Rs266.97 Rs13424.00 x
2012-03-31 Rs291.11 Rs13424.00 x
2013-03-31 Rs471.40 Rs13424.00 x
2014-03-31 Rs553.17 Rs13424.00 x
2015-03-31 Rs669.60 Rs13424.00 x
2016-03-31 Rs752.66 Rs13424.00 x
2017-03-31 Rs922.80 Rs13424.00 x
2018-03-31 Rs1063.38 Rs13424.00 x
2019-03-31 Rs1222.71 Rs13424.00 x
2020-03-31 Rs1217.61 Rs13424.00 x
2021-03-31 Rs1435.64 Rs13424.00 x
2022-03-31 Rs2510.50 Rs13424.00 x
2023-03-31 Rs1601.91 Rs13424.00 x
2024-03-31 Rs1403.75 Rs13424.00 x
2025-03-31 Rs2316.82 Rs13424.00 x
2026-03-31 Rs3195.79 Rs13424.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TVS Holdings 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): 26.23%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.92%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 9.90x
  • Recent ROE (26.23%) is above the historical average (12.90%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 19.71% 3.15% 1.51x 4.15x Rs580.32 Million
2006 17.51% 2.94% 1.39x 4.28x Rs518.34 Million
2007 15.61% 2.42% 1.40x 4.62x Rs423.56 Million
2008 -5.60% -0.87% 1.12x 5.76x Rs-935.71 Million
2009 -33.59% -3.33% 1.20x 8.44x Rs-1.88 Billion
2010 -8.48% -0.83% 1.61x 6.35x Rs-988.42 Million
2011 11.26% 0.87% 1.94x 6.64x Rs72.18 Million
2012 15.53% 1.31% 1.97x 6.03x Rs386.28 Million
2013 20.80% 2.26% 1.92x 4.79x Rs965.84 Million
2014 12.60% 1.51% 2.05x 4.06x Rs291.57 Million
2015 15.66% 1.87% 2.03x 4.11x Rs766.47 Million
2016 19.17% 2.34% 2.01x 4.08x Rs1.40 Billion
2017 17.69% 2.45% 1.80x 4.01x Rs1.43 Billion
2018 15.72% 1.93% 1.16x 7.02x Rs1.23 Billion
2019 17.47% 2.01% 1.17x 7.48x Rs1.85 Billion
2020 13.68% 1.70% 0.95x 8.45x Rs907.74 Million
2021 11.14% 1.59% 0.86x 8.11x Rs332.21 Million
2022 8.68% 1.72% 0.83x 6.05x Rs-671.84 Million
2023 20.04% 2.18% 0.75x 12.20x Rs3.26 Billion
2024 28.18% 2.31% 0.77x 15.75x Rs5.16 Billion
2025 24.84% 3.00% 0.72x 11.56x Rs6.95 Billion
2026 26.23% 2.92% 0.91x 9.90x Rs10.49 Billion

Industry Comparison

This section compares TVS Holdings Limited's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $21,441,198,600
  • Average return on equity (ROE) among peers: 3.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TVS Holdings Limited (TVSHLTD) Rs128.92 Billion 19.71% 3.96x $2.94 Billion
Asahi India Glass Limited (ASAHIINDIA) $1.50 Billion -44.61% 14.16x $2.45 Billion
ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) $6.22 Billion 17.07% 0.52x $972.63 Million
Balkrishna Industries Limited (BALKRISIND) $46.54 Billion 16.62% 0.39x $4.66 Billion
Banco Products (I) Limited (BANCOINDIA) $4.73 Billion 12.97% 0.82x $1.05 Billion
Bharat Gears Limited (BHARATGEAR) $709.19 Million 0.34% 2.78x $21.76 Million
Bosch Limited (BOSCHLTD) $83.97 Billion 12.05% 0.33x $12.45 Billion
CEAT Limited (CEATLTD) $34.57 Billion 5.39% 1.79x $1.49 Billion
CIE Automotive India Limited (CIEINDIA) $19.02 Billion -4.11% 1.62x $1.93 Billion
Craftsman Automation Limited (CRAFTSMAN) $11.36 Billion 14.36% 1.36x $2.41 Billion
Divgi Torqtransfer Systems Limited (DIVGIITTS) $5.80 Billion 6.85% 0.11x $285.12 Million

About TVS Holdings Limited

NSE:TVSHLTD India Auto Parts
Market Cap
$2.94 Billion
Rs271.60 Billion INR
Market Cap Rank
#5095 Global
#223 in India
Share Price
Rs13424.00
Change (1 day)
-0.73%
52-Week Range
Rs10533.00 - Rs15738.00
All Time High
Rs15738.00
Categories
Companies in India Auto Parts
About

TVS Holdings Limited provides automotive vehicles and parts in India and internationally. It offers two and three-wheelers; and mobility solutions through a portfolio of e-bikes, e-cargo bikes, and matching accessories. The company also provides unsecured loans; financing services for two wheelers, used cars, used and new tractors, used commercial vehicles, and consumer durables; and digital fina… Read more