Viceroy Hotels Limited (VHLTD) - Net Assets
Based on the latest financial reports, Viceroy Hotels Limited (VHLTD) has net assets worth Rs2.67 Billion INR (≈ $28.85 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 (Rs5.57 Billion ≈ $60.21 Million USD) and total liabilities (Rs2.90 Billion ≈ $31.35 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 Viceroy Hotels Limited (VHLTD) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.67 Billion |
| % of Total Assets | 47.92% |
| Annual Growth Rate | 2.42% |
| 5-Year Change | N/A |
| 10-Year Change | 55.66% |
| Growth Volatility | 116.03 |
Viceroy Hotels Limited - Net Assets Trend (2007–2026)
This chart illustrates how Viceroy Hotels Limited's net assets have evolved over time, based on quarterly financial data. See VHLTD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Viceroy Hotels Limited (2007–2026)
The table below shows the annual net assets of Viceroy Hotels Limited from 2007 to 2026. For live valuation and market cap data, see how much is Viceroy Hotels Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs2.67 Billion ≈ $28.85 Million |
+9.19% |
| 2025-03-31 | Rs2.44 Billion ≈ $26.42 Million |
+265.65% |
| 2024-03-31 | Rs668.20 Million ≈ $7.23 Million |
+115.03% |
| 2023-03-31 | Rs-4.45 Billion ≈ $-48.09 Million |
-0.01% |
| 2022-03-31 | Rs-4.45 Billion ≈ $-48.09 Million |
-6.29% |
| 2021-03-31 | Rs-4.18 Billion ≈ $-45.24 Million |
-5.15% |
| 2020-03-31 | Rs-3.98 Billion ≈ $-43.03 Million |
-4.42% |
| 2019-03-31 | Rs-3.81 Billion ≈ $-41.20 Million |
-4.31% |
| 2018-03-31 | Rs-3.65 Billion ≈ $-39.50 Million |
-313.10% |
| 2017-03-31 | Rs1.71 Billion ≈ $18.54 Million |
+3.66% |
| 2016-03-31 | Rs1.65 Billion ≈ $17.88 Million |
+13.95% |
| 2015-03-31 | Rs1.45 Billion ≈ $15.69 Million |
+35.31% |
| 2014-03-31 | Rs1.07 Billion ≈ $11.60 Million |
-55.21% |
| 2013-03-31 | Rs2.39 Billion ≈ $25.89 Million |
-2.81% |
| 2012-03-31 | Rs2.46 Billion ≈ $26.64 Million |
-0.61% |
| 2011-03-31 | Rs2.48 Billion ≈ $26.81 Million |
+0.32% |
| 2010-03-31 | Rs2.47 Billion ≈ $26.72 Million |
+0.35% |
| 2009-03-31 | Rs2.46 Billion ≈ $26.63 Million |
+2.10% |
| 2008-03-31 | Rs2.41 Billion ≈ $26.08 Million |
+42.45% |
| 2007-03-31 | Rs1.69 Billion ≈ $18.31 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Viceroy Hotels 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 | Rs675.79 Million | 25.33% |
| Other Components | Rs1.99 Billion | 74.67% |
| Total Equity | Rs2.67 Billion | 100.00% |
Viceroy Hotels Limited Competitors by Market Cap
The table below lists competitors of Viceroy Hotels Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shemen Industries Ltd
TA:SMNIN
|
$93.99 Million |
|
AMC Robotics Corporation
NASDAQ:AMCI
|
$94.02 Million |
|
Domo Inc
NASDAQ:DOMO
|
$94.02 Million |
|
IL Science Co. Ltd
KQ:307180
|
$94.03 Million |
|
Perintis Triniti Properti PT
JK:TRIN
|
$93.85 Million |
|
LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG
XETRA:ECK
|
$93.85 Million |
|
EDAG Engineering Group AG
XETRA:ED4
|
$93.82 Million |
|
TK Chemical Corporation
KQ:104480
|
$93.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viceroy Hotels Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 2,443,296,000 to 2,667,955,000, a change of 224,659,000 (9.2%).
- Net income of 183,162,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 4,982,491,000.
- Other factors increased equity by 5,023,988,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs183.16 Million | +6.87% |
| Other Comprehensive Income | Rs-4.98 Billion | -186.75% |
| Other Changes | Rs5.02 Billion | +188.31% |
| Total Change | Rs- | 9.19% |
Book Value vs Market Value Analysis
This analysis compares Viceroy Hotels 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: 3.03x
- 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 3.29x to 3.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs39.03 | Rs128.42 | x |
| 2008-03-31 | Rs64.73 | Rs128.42 | x |
| 2009-03-31 | Rs58.06 | Rs128.42 | x |
| 2010-03-31 | Rs58.27 | Rs128.42 | x |
| 2011-03-31 | Rs58.46 | Rs128.42 | x |
| 2012-03-31 | Rs58.10 | Rs128.42 | x |
| 2013-03-31 | Rs56.46 | Rs128.42 | x |
| 2014-03-31 | Rs25.29 | Rs128.42 | x |
| 2015-03-31 | Rs34.22 | Rs128.42 | x |
| 2016-03-31 | Rs38.99 | Rs128.42 | x |
| 2017-03-31 | Rs40.42 | Rs128.42 | x |
| 2018-03-31 | Rs-86.13 | Rs128.42 | x |
| 2019-03-31 | Rs-89.85 | Rs128.42 | x |
| 2020-03-31 | Rs-9382.37 | Rs128.42 | x |
| 2021-03-31 | Rs-90.17 | Rs128.42 | x |
| 2022-03-31 | Rs-95.84 | Rs128.42 | x |
| 2023-03-31 | Rs-95.85 | Rs128.42 | x |
| 2024-03-31 | Rs12.78 | Rs128.42 | x |
| 2025-03-31 | Rs38.25 | Rs128.42 | x |
| 2026-03-31 | Rs42.39 | Rs128.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viceroy Hotels 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): 6.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.79%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.09x
- Recent ROE (6.87%) is above the historical average (-4.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 3.67% | 7.43% | 0.13x | 3.78x | Rs-107.19 Million |
| 2008 | 3.48% | 7.65% | 0.14x | 3.32x | Rs-157.34 Million |
| 2009 | 2.72% | 6.46% | 0.10x | 4.10x | Rs-179.28 Million |
| 2010 | 0.47% | 1.29% | 0.07x | 5.08x | Rs-235.39 Million |
| 2011 | 0.32% | 0.73% | 0.08x | 5.68x | Rs-239.92 Million |
| 2012 | -0.90% | -2.14% | 0.07x | 5.61x | Rs-268.43 Million |
| 2013 | -2.89% | -6.76% | 0.07x | 6.10x | Rs-308.73 Million |
| 2014 | -123.28% | -133.96% | 0.14x | 6.38x | Rs-1.43 Billion |
| 2015 | -4.67% | -6.55% | 0.12x | 5.91x | Rs-212.94 Million |
| 2016 | 6.16% | 8.69% | 0.13x | 5.56x | Rs-63.46 Million |
| 2017 | -8.50% | -12.32% | 0.13x | 5.41x | Rs-317.16 Million |
| 2018 | 0.00% | -391.87% | 0.26x | 0.00x | Rs-4.07 Billion |
| 2019 | 0.00% | -13.39% | 0.27x | 0.00x | Rs223.43 Million |
| 2020 | 0.00% | -14.57% | 0.27x | 0.00x | Rs229.30 Million |
| 2021 | 0.00% | -63.91% | 0.08x | 0.00x | Rs212.68 Million |
| 2022 | 0.00% | -50.17% | 0.14x | 0.00x | Rs181.59 Million |
| 2023 | 0.00% | -0.05% | 0.34x | 0.00x | Rs444.17 Million |
| 2024 | 3.57% | 1.82% | 0.40x | 4.89x | Rs-42.94 Million |
| 2025 | 31.92% | 56.81% | 0.44x | 1.28x | Rs535.60 Million |
| 2026 | 6.87% | 12.79% | 0.26x | 2.09x | Rs-83.63 Million |
Industry Comparison
This section compares Viceroy Hotels Limited's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $4,696,461,557
- Average return on equity (ROE) among peers: 2.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Viceroy Hotels Limited (VHLTD) | Rs2.67 Billion | 3.67% | 1.09x | $93.85 Million |
| Advani Hotels & Resorts (India) Limited (ADVANIHOTR) | $718.87 Million | 34.72% | 0.39x | $53.22 Million |
| Asian Hotels (East) Limited (AHLEAST) | $2.30 Billion | 13.77% | 1.63x | $27.91 Million |
| Asian Hotels (North) Limited (ASIANHOTNR) | $11.80 Billion | 2.92% | 1.04x | $136.64 Million |
| Blue Coast Hotels Limited (BLUECOAST) | $2.41 Billion | -4.34% | 1.62x | $5.51 Million |
| The Byke Hospitality Ltd (BYKE) | $724.57 Million | 10.71% | 0.57x | $19.02 Million |
| Country Club Hospitality & Holidays Limited (CCHHL) | $3.42 Billion | -12.79% | 1.31x | $22.42 Million |
| Chalet Hotels Limited (CHALET) | $13.41 Billion | -6.08% | 2.31x | $1.94 Billion |
| EIH Associated Hotels Limited (EIHAHOTELS) | $3.19 Billion | -8.39% | 0.22x | $212.23 Million |
| EIH Limited (EIHOTEL) | $8.68 Billion | 2.86% | 1.47x | $2.21 Billion |
| Sri Havisha Hospitality and Infrastructure Limited (HAVISHA) | $308.23 Million | -11.43% | 0.27x | $2.13 Million |
About Viceroy Hotels Limited
Viceroy Hotels Limited engages in the hoteliering business in India. It owns and operates hotels that offer rooms, food and beverage, and banquet services under the Marriott and Courtyard Marriott brands. The company was formerly known as Palace Height Hotel Limited and changed its name to Viceroy Hotels Limited in December 2001. Viceroy Hotels Limited was incorporated in 1965 and is based in Hyd… Read more