Viceroy Hotels Limited (VHLTD) - Net Assets
Based on the latest financial reports, Viceroy Hotels Limited (VHLTD) has net assets worth Rs2.46 Billion INR (≈ $26.57 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.12 Billion ≈ $33.72 Million USD) and total liabilities (Rs661.04 Million ≈ $7.15 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 liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.46 Billion |
| % of Total Assets | 78.8% |
| Annual Growth Rate | 2.06% |
| 5-Year Change | N/A |
| 10-Year Change | 47.77% |
| Growth Volatility | 120.73 |
Viceroy Hotels Limited - Net Assets Trend (2007–2025)
This chart illustrates how Viceroy Hotels Limited's net assets have evolved over time, based on quarterly financial data. Also explore Viceroy Hotels Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Viceroy Hotels Limited (2007–2025)
The table below shows the annual net assets of Viceroy Hotels Limited from 2007 to 2025. For live valuation and market cap data, see how much is Viceroy Hotels Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 537969100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs675.79 Million | 27.66% |
| Other Comprehensive Income | Rs4.98 Billion | 203.92% |
| Other Components | Rs2.16 Billion | 88.60% |
| Total Equity | Rs2.44 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 |
|---|---|
|
Globrands Group Ltd
TA:GLRS
|
$101.28 Million |
|
Tembo Global Industries Limited
NSE:TEMBO
|
$101.32 Million |
|
Bank of the James Financial Group
NASDAQ:BOTJ
|
$101.32 Million |
|
09women Co. Ltd.
KQ:366030
|
$101.32 Million |
|
Fima Corporation Bhd
KLSE:3107
|
$101.13 Million |
|
Ovid Therapeutics Inc
NASDAQ:OVID
|
$101.12 Million |
|
Ching Feng Home Fashions Co Ltd
TW:9935
|
$101.10 Million |
|
Hispanotels Inversiones SOCIMI SA
MC:YHSP
|
$101.07 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 2024 to 2025, total equity changed from 668,199,000 to 2,443,296,000, a change of 1,775,097,000 (265.7%).
- Net income of 779,927,000 contributed positively to equity growth.
- Share repurchases of 44,211,000 reduced equity.
- New share issuances of 491,133,000 increased equity.
- Other comprehensive income increased equity by 33,156,000.
- Other factors increased equity by 515,092,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs779.93 Million | +31.92% |
| Share Repurchases | Rs44.21 Million | -1.81% |
| Share Issuances | Rs491.13 Million | +20.1% |
| Other Comprehensive Income | Rs33.16 Million | +1.36% |
| Other Changes | Rs515.09 Million | +21.08% |
| Total Change | Rs- | 265.65% |
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: 3.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs39.03 | Rs138.43 | x |
| 2008-03-31 | Rs64.73 | Rs138.43 | x |
| 2009-03-31 | Rs58.06 | Rs138.43 | x |
| 2010-03-31 | Rs58.27 | Rs138.43 | x |
| 2011-03-31 | Rs58.46 | Rs138.43 | x |
| 2012-03-31 | Rs58.10 | Rs138.43 | x |
| 2013-03-31 | Rs56.46 | Rs138.43 | x |
| 2014-03-31 | Rs25.29 | Rs138.43 | x |
| 2015-03-31 | Rs34.22 | Rs138.43 | x |
| 2016-03-31 | Rs38.99 | Rs138.43 | x |
| 2017-03-31 | Rs40.42 | Rs138.43 | x |
| 2018-03-31 | Rs-86.13 | Rs138.43 | x |
| 2019-03-31 | Rs-89.85 | Rs138.43 | x |
| 2020-03-31 | Rs-9382.37 | Rs138.43 | x |
| 2021-03-31 | Rs-90.17 | Rs138.43 | x |
| 2022-03-31 | Rs-95.84 | Rs138.43 | x |
| 2023-03-31 | Rs-95.85 | Rs138.43 | x |
| 2024-03-31 | Rs12.78 | Rs138.43 | x |
| 2025-03-31 | Rs38.25 | Rs138.43 | 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): 31.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 56.81%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.28x
- Recent ROE (31.92%) is above the historical average (-4.63%), 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 |
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: $5,001,991,520
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Viceroy Hotels Limited (VHLTD) | Rs2.46 Billion | 3.67% | 0.27x | $101.17 Million |
| Advani Hotels & Resorts (India) Limited (ADVANIHOTR) | $627.26 Million | 45.60% | 0.43x | $55.18 Million |
| Asian Hotels (East) Limited (AHLEAST) | $7.75 Billion | -0.44% | 0.27x | $30.95 Million |
| Asian Hotels (North) Limited (ASIANHOTNR) | $7.29 Billion | -4.89% | 1.94x | $136.54 Million |
| Blue Coast Hotels Limited (BLUECOAST) | $2.15 Billion | -8.46% | 2.17x | $5.91 Million |
| The Byke Hospitality Ltd (BYKE) | $670.46 Million | 3.58% | 0.40x | $21.56 Million |
| Country Club Hospitality & Holidays Limited (CCHHL) | $3.12 Billion | -1.56% | 0.97x | $25.21 Million |
| Chalet Hotels Limited (CHALET) | $14.16 Billion | -9.82% | 1.82x | $1.87 Billion |
| EIH Associated Hotels Limited (EIHAHOTELS) | $3.97 Billion | 16.29% | 0.27x | $219.42 Million |
| EIH Limited (EIHOTEL) | $9.99 Billion | 19.57% | 1.25x | $2.27 Billion |
| Sri Havisha Hospitality and Infrastructure Limited (HAVISHA) | $297.80 Million | -13.93% | 1.55x | $2.61 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