VIRINCHI ORD (BSE) (VIRINCHI) - Net Assets

Latest as of March 2026: Rs4.82 Billion INR ≈ $52.14 Million USD

Based on the latest financial reports, VIRINCHI ORD (BSE) (VIRINCHI) has net assets worth Rs4.82 Billion INR (≈ $52.14 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 (Rs8.50 Billion ≈ $91.96 Million USD) and total liabilities (Rs3.68 Billion ≈ $39.82 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 VIRINCHI tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs4.82 Billion
% of Total Assets	56.7%
Annual Growth Rate	11.92%
5-Year Change	30.12%
10-Year Change	156.89%
Growth Volatility	12.74

VIRINCHI ORD (BSE) - Net Assets Trend (2006–2026)

This chart illustrates how VIRINCHI ORD (BSE)'s net assets have evolved over time, based on quarterly financial data. See VIRINCHI ORD (BSE) (VIRINCHI) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for VIRINCHI ORD (BSE) (2006–2026)

The table below shows the annual net assets of VIRINCHI ORD (BSE) from 2006 to 2026. For live valuation and market cap data, see VIRINCHI ORD (BSE) market cap and net worth.

Year	Net Assets	Change
2026-03-31	Rs4.82 Billion ≈ $52.14 Million	+1.66%
2025-03-31	Rs4.74 Billion ≈ $51.29 Million	+4.51%
2024-03-31	Rs4.54 Billion ≈ $49.08 Million	+11.47%
2023-03-31	Rs4.07 Billion ≈ $44.03 Million	+9.86%
2022-03-31	Rs3.71 Billion ≈ $40.08 Million	-1.39%
2021-03-31	Rs3.76 Billion ≈ $40.64 Million	+0.11%
2020-03-31	Rs3.75 Billion ≈ $40.60 Million	+18.31%
2019-03-31	Rs3.17 Billion ≈ $34.31 Million	+24.28%
2018-03-31	Rs2.55 Billion ≈ $27.61 Million	+36.02%
2017-03-31	Rs1.88 Billion ≈ $20.30 Million	+51.80%
2016-03-31	Rs1.24 Billion ≈ $13.37 Million	+15.70%
2015-03-31	Rs1.07 Billion ≈ $11.56 Million	+14.98%
2014-03-31	Rs929.44 Million ≈ $10.05 Million	+1.21%
2013-03-31	Rs918.30 Million ≈ $9.93 Million	+7.29%
2012-03-31	Rs855.95 Million ≈ $9.26 Million	+3.56%
2011-03-31	Rs826.55 Million ≈ $8.94 Million	+6.90%
2010-03-31	Rs773.23 Million ≈ $8.36 Million	+4.44%
2009-03-31	Rs740.35 Million ≈ $8.01 Million	+9.25%
2008-03-31	Rs677.68 Million ≈ $7.33 Million	+10.26%
2007-03-31	Rs614.59 Million ≈ $6.65 Million	+21.16%
2006-03-31	Rs507.24 Million ≈ $5.49 Million	--

Equity Component Analysis

This analysis shows how different components contribute to VIRINCHI ORD (BSE)'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	Rs1.09 Billion	22.09%
Other Comprehensive Income	Rs119.00 Million	2.42%
Other Components	Rs3.72 Billion	75.50%
Total Equity	Rs4.93 Billion	100.00%

VIRINCHI ORD (BSE) Competitors by Market Cap

The table below lists competitors of VIRINCHI ORD (BSE) ranked by their market capitalization.

Company	Market Cap
Sungwoo Techron. Co.Ltd KQ:045300	$20.49 Million
Ballymore Resources Ltd AU:BMR	$20.50 Million
Lion Industries Corporation Bhd KLSE:4235	$20.51 Million
Advanced Connection Corporation Public Company Limited BK:ACC	$20.51 Million
Alumexx N.V. AS:ALX	$20.49 Million
Matritense Real Estate SOCIMI S.A. MC:YMAT	$20.48 Million
Alticast Corporation KQ:085810	$20.47 Million
Swoop Holdings Ltd AU:SWP	$20.47 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in VIRINCHI ORD (BSE)'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 4,758,473,000 to 4,926,209,000, a change of 167,736,000 (3.5%).
Net loss of 261,168,000 reduced equity.
New share issuances of 441,606,000 increased equity.
Other comprehensive income increased equity by 548,445,000.
Other factors decreased equity by 561,147,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs-261.17 Million	-5.3%
Share Issuances	Rs441.61 Million	+8.96%
Other Comprehensive Income	Rs548.45 Million	+11.13%
Other Changes	Rs-561.15 Million	-11.39%
Total Change	Rs-	3.52%

Book Value vs Market Value Analysis

This analysis compares VIRINCHI ORD (BSE)'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: 0.36x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 0.94x to 0.36x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs18.18	Rs17.14	x
2007-03-31	Rs21.81	Rs17.14	x
2008-03-31	Rs23.52	Rs17.14	x
2009-03-31	Rs25.20	Rs17.14	x
2010-03-31	Rs25.90	Rs17.14	x
2011-03-31	Rs22.98	Rs17.14	x
2012-03-31	Rs23.79	Rs17.14	x
2013-03-31	Rs25.53	Rs17.14	x
2014-03-31	Rs25.90	Rs17.14	x
2015-03-31	Rs29.78	Rs17.14	x
2016-03-31	Rs34.37	Rs17.14	x
2017-03-31	Rs35.17	Rs17.14	x
2018-03-31	Rs41.50	Rs17.14	x
2019-03-31	Rs48.19	Rs17.14	x
2020-03-31	Rs56.07	Rs17.14	x
2021-03-31	Rs52.76	Rs17.14	x
2022-03-31	Rs47.82	Rs17.14	x
2023-03-31	Rs49.58	Rs17.14	x
2024-03-31	Rs47.83	Rs17.14	x
2025-03-31	Rs46.70	Rs17.14	x
2026-03-31	Rs47.53	Rs17.14	x

Capital Efficiency Dashboard

This dashboard shows how efficiently VIRINCHI ORD (BSE) 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): -5.30%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -9.18%
• Asset Turnover: 0.33x
• Equity Multiplier: 1.73x
Recent ROE (-5.30%) is below the historical average (7.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	16.35%	32.26%	0.40x	1.25x	Rs32.20 Million
2007	13.58%	18.27%	0.61x	1.22x	Rs21.99 Million
2008	8.16%	9.78%	0.67x	1.24x	Rs-12.44 Million
2009	5.34%	6.78%	0.59x	1.35x	Rs-34.52 Million
2010	5.50%	7.57%	0.55x	1.32x	Rs-34.78 Million
2011	5.40%	7.00%	0.58x	1.33x	Rs-38.06 Million
2012	6.30%	7.92%	0.59x	1.35x	Rs-31.69 Million
2013	3.96%	4.62%	0.63x	1.37x	Rs-55.51 Million
2014	4.16%	3.43%	0.89x	1.36x	Rs-54.40 Million
2015	7.74%	5.97%	0.92x	1.40x	Rs-24.23 Million
2016	13.11%	7.42%	0.83x	2.14x	Rs38.41 Million
2017	12.57%	8.23%	0.69x	2.23x	Rs48.26 Million
2018	12.91%	9.67%	0.69x	1.93x	Rs74.35 Million
2019	18.54%	14.47%	0.76x	1.68x	Rs271.42 Million
2020	12.36%	12.18%	0.67x	1.51x	Rs88.77 Million
2021	0.73%	0.78%	0.52x	1.83x	Rs-348.91 Million
2022	3.85%	3.93%	0.52x	1.89x	Rs-228.25 Million
2023	3.15%	4.12%	0.40x	1.93x	Rs-279.78 Million
2024	3.01%	4.57%	0.35x	1.87x	Rs-318.10 Million
2025	0.15%	0.24%	0.36x	1.78x	Rs-468.61 Million
2026	-5.30%	-9.18%	0.33x	1.73x	Rs-753.79 Million

Industry Comparison

This section compares VIRINCHI ORD (BSE)'s net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $5,136,731,504
Average return on equity (ROE) among peers: -42.78%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
VIRINCHI ORD (BSE) (VIRINCHI)	Rs4.82 Billion	16.35%	0.76x	$20.49 Million
63 moons technologies limited (63MOONS)	$30.77 Billion	-1.73%	0.09x	$332.78 Million
Black Box Limited (BBOX)	$740.00 Million	-381.34%	10.25x	$1.95 Billion
Bharatiya Global Infomedia Limited (BGLOBAL)	$925.38 Million	0.95%	0.30x	$541.43K
ZINKA LOGISTICS SOL LTD (BLACKBUCK)	$3.40 Billion	-56.99%	1.00x	$1.08 Billion
California Software Company Limited (CALSOFT)	$65.53 Million	-3.16%	0.13x	$3.86 Million
eMudhra Limited (EMUDHRA)	$7.47 Billion	11.33%	0.16x	$406.60 Million
InfoBeans Technologies Limited (INFOBEAN)	$1.44 Billion	14.66%	0.48x	$44.48 Million
Intellect Design Arena Limited (INTELLECT)	$6.19 Billion	-13.40%	0.55x	$1.15 Billion
Iris Business Services Limited (IRIS)	$246.47 Million	1.89%	1.57x	$51.05 Million
IZMO Limited (IZMO)	$105.12 Million	0.00%	1.59x	$166.48 Million

About VIRINCHI ORD (BSE)

NSE:VIRINCHI India Software - Application

Market Cap

$20.49 Million

Rs1.89 Billion INR

Market Cap Rank

#25063 Global

#1392 in India

Share Price

Rs17.14

Change (1 day)

-0.46%

52-Week Range

Rs14.01 - Rs31.90

All Time High

Rs52.05