Vardhman Polytex Limited Net Assets
Vardhman Polytex Limited net assets. Based on the latest financial reports, Vardhman Polytex Limited (VARDMNPOLY) has net assets worth Rs-1.97 Billion INR (≈ $-21.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.83 Billion ≈ $30.62 Million USD) and total liabilities (Rs4.80 Billion ≈ $51.94 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. Also explore net asset growth rate of Vardhman Polytex Limited to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs-1.97 Billion |
| % of Total Assets | -69.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 59.81 |
Net Assets of Vardhman Polytex Limited (2006–2026)
Net assets of Vardhman Polytex Limited from 2006 to 2026. This chart illustrates how Vardhman Polytex Limited's net assets have evolved over time, based on quarterly financial data. See VARDMNPOLY equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Vardhman Polytex Limited (2006–2026)
The table below shows the annual net assets of Vardhman Polytex Limited from 2006 to 2026. For live market cap and overall valuation, see Vardhman Polytex Limited (VARDMNPOLY) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs-1.97 Billion ≈ $-21.32 Million |
+13.29% |
| 2025-03-31 | Rs-2.27 Billion ≈ $-24.59 Million |
+37.02% |
| 2024-03-31 | Rs-3.61 Billion ≈ $-39.04 Million |
+0.35% |
| 2023-03-31 | Rs-3.62 Billion ≈ $-39.18 Million |
+0.34% |
| 2022-03-31 | Rs-3.64 Billion ≈ $-39.32 Million |
-4.33% |
| 2021-03-31 | Rs-3.48 Billion ≈ $-37.69 Million |
-19.79% |
| 2020-03-31 | Rs-2.91 Billion ≈ $-31.46 Million |
+25.79% |
| 2019-03-31 | Rs-3.92 Billion ≈ $-42.40 Million |
-75.48% |
| 2018-03-31 | Rs-2.23 Billion ≈ $-24.16 Million |
-335.92% |
| 2017-03-31 | Rs-512.48 Million ≈ $-5.54 Million |
-180.45% |
| 2016-03-31 | Rs-182.74 Million ≈ $-1.98 Million |
-164.34% |
| 2015-03-31 | Rs284.01 Million ≈ $3.07 Million |
-55.98% |
| 2014-03-31 | Rs645.18 Million ≈ $6.98 Million |
+35.09% |
| 2013-03-31 | Rs477.61 Million ≈ $5.17 Million |
+30.15% |
| 2012-03-31 | Rs366.97 Million ≈ $3.97 Million |
-73.64% |
| 2011-03-31 | Rs1.39 Billion ≈ $15.06 Million |
+42.92% |
| 2010-03-31 | Rs974.23 Million ≈ $10.54 Million |
-34.93% |
| 2009-03-31 | Rs1.50 Billion ≈ $16.19 Million |
-5.47% |
| 2008-03-31 | Rs1.58 Billion ≈ $17.13 Million |
-5.24% |
| 2007-03-31 | Rs1.67 Billion ≈ $18.08 Million |
+5.84% |
| 2006-03-31 | Rs1.58 Billion ≈ $17.08 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Vardhman Polytex 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 562930800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Vardhman Polytex Limited Net Assets Breakdown (March 2026)
Vardhman Polytex Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs483.02 Million | % |
| Other Comprehensive Income | Rs1.05 Billion | % |
| Other Components | Rs2.13 Billion | % |
| Total Equity | Rs-1.97 Billion | 100.00% |
Vardhman Polytex Limited Competitors by Market Cap
The table below lists competitors of Vardhman Polytex Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OneConstruction Group Limited Ordinary Shares
NASDAQ:ONEG
|
$26.08 Million |
|
Arctic Gold Publ AB
ST:ARCT
|
$26.09 Million |
|
Fancamp Exploration Ltd.
V:FNC
|
$26.09 Million |
|
Softing AG
XETRA:SYT
|
$26.10 Million |
|
Origin Materials Inc
NASDAQ:ORGN
|
$26.06 Million |
|
Ruanyun Edai Technology Inc. Ordinary shares
NASDAQ:RYET
|
$26.06 Million |
|
Valbiotis SAS
PA:ALVAL
|
$26.06 Million |
|
Keller Group PLC
LSE:KLR
|
$26.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vardhman Polytex Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from -2,273,914,000 to -1,971,810,000, a change of 302,104,000.
- Net income of 76,813,000 contributed positively to equity growth.
- New share issuances of 227,076,000 increased equity.
- Other comprehensive income decreased equity by 77,478,000.
- Other factors increased equity by 75,693,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs76.81 Million | +3.9% |
| Share Issuances | Rs227.08 Million | +11.52% |
| Other Comprehensive Income | Rs-77.48 Million | -3.93% |
| Other Changes | Rs75.69 Million | +3.84% |
| Total Change | Rs- | % |
Book Value vs Market Value Analysis
This analysis compares Vardhman Polytex 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs13.11 | Rs4.74 | x |
| 2007-03-31 | Rs13.07 | Rs4.74 | x |
| 2008-03-31 | Rs11.57 | Rs4.74 | x |
| 2009-03-31 | Rs12.43 | Rs4.74 | x |
| 2010-03-31 | Rs7.15 | Rs4.74 | x |
| 2011-03-31 | Rs7.24 | Rs4.74 | x |
| 2012-03-31 | Rs1.94 | Rs4.74 | x |
| 2013-03-31 | Rs2.59 | Rs4.74 | x |
| 2014-03-31 | Rs3.09 | Rs4.74 | x |
| 2015-03-31 | Rs1.20 | Rs4.74 | x |
| 2016-03-31 | Rs-0.72 | Rs4.74 | x |
| 2017-03-31 | Rs-2.03 | Rs4.74 | x |
| 2018-03-31 | Rs-8.84 | Rs4.74 | x |
| 2019-03-31 | Rs-15.51 | Rs4.74 | x |
| 2020-03-31 | Rs-11.51 | Rs4.74 | x |
| 2021-03-31 | Rs-13.79 | Rs4.74 | x |
| 2022-03-31 | Rs-14.39 | Rs4.74 | x |
| 2023-03-31 | Rs-14.34 | Rs4.74 | x |
| 2024-03-31 | Rs-14.61 | Rs4.74 | x |
| 2025-03-31 | Rs-6.43 | Rs4.74 | x |
| 2026-03-31 | Rs-4.36 | Rs4.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vardhman Polytex 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.25%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-22.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.65% | 3.10% | 0.70x | 2.59x | Rs-68.67 Million |
| 2007 | 8.92% | 3.65% | 0.72x | 3.38x | Rs-17.01 Million |
| 2008 | 2.19% | 0.82% | 0.45x | 5.86x | Rs-108.86 Million |
| 2009 | -5.16% | -1.80% | 0.65x | 4.43x | Rs-226.94 Million |
| 2010 | -53.26% | -8.22% | 0.78x | 8.26x | Rs-565.00 Million |
| 2011 | 12.19% | 2.02% | 0.93x | 6.51x | Rs29.15 Million |
| 2012 | -269.66% | -11.28% | 1.09x | 21.85x | Rs-999.93 Million |
| 2013 | -10.39% | -0.53% | 1.15x | 17.24x | Rs-97.37 Million |
| 2014 | -10.04% | -0.62% | 1.29x | 12.70x | Rs-129.31 Million |
| 2015 | -158.13% | -4.40% | 1.35x | 26.69x | Rs-477.52 Million |
| 2016 | 0.00% | -1.57% | 1.41x | 0.00x | Rs-131.84 Million |
| 2017 | 0.00% | -3.69% | 1.38x | 0.00x | Rs-283.27 Million |
| 2018 | 0.00% | -27.01% | 1.24x | 0.00x | Rs-1.49 Billion |
| 2019 | 0.00% | -9.13% | 2.50x | 0.00x | Rs-347.93 Million |
| 2020 | 0.00% | 18.16% | 1.79x | 0.00x | Rs1.31 Billion |
| 2021 | 0.00% | -11.15% | 1.66x | 0.00x | Rs-218.48 Million |
| 2022 | 0.00% | -1.68% | 2.85x | 0.00x | Rs208.00 Million |
| 2023 | 0.00% | 0.24% | 2.11x | 0.00x | Rs377.22 Million |
| 2024 | 0.00% | -7.22% | 1.34x | 0.00x | Rs93.44 Million |
| 2025 | 0.00% | 5.24% | 1.03x | 0.00x | Rs376.63 Million |
| 2026 | 0.00% | 3.25% | 0.84x | 0.00x | Rs273.99 Million |
Industry Comparison
This section compares Vardhman Polytex Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-17,714,722,300
- Average return on equity (ROE) among peers: -0.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vardhman Polytex Limited (VARDMNPOLY) | Rs-1.97 Billion | 5.65% | N/A | $26.06 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $1.68 Billion | -38.29% | 3.24x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $261.57 Million | 10.21% | 1.86x | $3.58 Million |
| Alok Industries Limited (ALOKINDS) | $-197.76 Billion | 0.00% | 0.00x | $433.87 Million |
| Alps Industries Limited (ALPSINDUS) | $-3.55 Billion | 0.00% | 0.00x | $14.51 Million |
| Axita Cotton Limited (AXITA) | $523.70 Million | 32.53% | 0.54x | $29.76 Million |
| AYM Syntex Limited (AYMSYNTEX) | $2.98 Billion | 2.68% | 1.28x | $157.35 Million |
| Banswara Syntex Limited (BANSWRAS) | $5.09 Billion | 22.15% | 1.10x | $35.74 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $4.92 Billion | 10.66% | 1.54x | $16.52 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $3.70 Billion | -52.54% | 5.56x | $197.03 Million |
| Cheviot Company Limited (CHEVIOT) | $5.00 Billion | 10.81% | 0.09x | $67.92 Million |
About Vardhman Polytex Limited
Vardhman Polytex Limited manufactures and sells yarns and garments in India and internationally. The company operates through Textiles and Real Estate segments. It offers carded, combed, organic, BCI, and SUPIMA cotton yarns; cotton polyester yarns; and grey and dyed value-added yarns. Vardhman Polytex Limited was incorporated in 1980 and is based in Ludhiana, India.