Visagar Polytex Limited
Visagar Polytex Limited engages in the design, manufacture, wholesale, retail, and trade of textiles in India. The company offers ethnic wear, including sarees, lehengas, and suits; interlining goods; and various fabrics. It sells its products under the Vividha brand. The company was incorporated in 1983 and is based in Mumbai, India.
Visagar Polytex Limited (VIVIDHA) - Net Assets
Latest net assets as of September 2025: ₹2.34 Million INR
Based on the latest financial reports, Visagar Polytex Limited (VIVIDHA) has net assets worth ₹2.34 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹62.58 Million) and total liabilities (₹60.24 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.34 Million |
| % of Total Assets | 3.74% |
| Annual Growth Rate | 0.68% |
| 5-Year Change | -94.4% |
| 10-Year Change | -93.43% |
| Growth Volatility | 75.6 |
Visagar Polytex Limited - Net Assets Trend (2007–2025)
This chart illustrates how Visagar Polytex Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Visagar Polytex Limited (2007–2025)
The table below shows the annual net assets of Visagar Polytex Limited from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹11.31 Million | -59.51% |
| 2024-03-31 | ₹27.94 Million | -84.76% |
| 2023-03-31 | ₹183.27 Million | -7.07% |
| 2022-03-31 | ₹197.22 Million | -2.39% |
| 2021-03-31 | ₹202.06 Million | +0.21% |
| 2020-03-31 | ₹201.64 Million | -41.58% |
| 2019-03-31 | ₹345.17 Million | +13.37% |
| 2018-03-31 | ₹304.48 Million | +14.82% |
| 2017-03-31 | ₹265.19 Million | +54.12% |
| 2016-03-31 | ₹172.06 Million | -33.10% |
| 2015-03-31 | ₹257.20 Million | +6.23% |
| 2014-03-31 | ₹242.11 Million | +3.49% |
| 2013-03-31 | ₹233.96 Million | -1.00% |
| 2012-03-31 | ₹236.33 Million | +110.05% |
| 2011-03-31 | ₹112.51 Million | +7.28% |
| 2010-03-31 | ₹104.88 Million | +224.97% |
| 2009-03-31 | ₹32.27 Million | +15.85% |
| 2008-03-31 | ₹27.86 Million | +178.04% |
| 2007-03-31 | ₹10.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Visagar 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 29358200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹292.70 Million | 2587.30% |
| Other Components | ₹12.19 Million | 107.79% |
| Total Equity | ₹11.31 Million | 100.00% |
Visagar Polytex Limited Competitors by Market Cap
The table below lists competitors of Visagar Polytex Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Authentic Holdings Inc.
PINK:AHRO
|
$1.67 Million |
|
DONT NOD ENT. NOM.EO-02
F:RFV
|
$1.67 Million |
|
Zanlakol Ltd
TA:ZNKL
|
$1.67 Million |
|
QUEST DIAGNOSTICS - Dusseldorf Stock Exchang
DU:QDI
|
$1.67 Million |
|
Qlucore AB
ST:QCORE
|
$1.66 Million |
|
MDJM Ltd
NASDAQ:UOKA
|
$1.66 Million |
|
Erciyas Celik Boru Sanayi A.S.
IS:ERCB
|
$1.66 Million |
|
SWISS BREAK GRP N
BE:4SB
|
$1.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Visagar Polytex Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,939,000 to 11,313,000, a change of -16,626,000 (-59.5%).
- Net loss of 16,640,000 reduced equity.
- Other comprehensive income decreased equity by 12,180,000.
- Other factors increased equity by 12,194,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-16.64 Million | -147.09% |
| Other Comprehensive Income | ₹-12.18 Million | -107.66% |
| Other Changes | ₹12.19 Million | +107.79% |
| Total Change | ₹- | -59.51% |
Book Value vs Market Value Analysis
This analysis compares Visagar 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
- Current price-to-book ratio: 13.73x
- 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 increased from 2.03x to 13.73x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₹0.28 | ₹0.56 | x |
| 2009-03-31 | ₹0.30 | ₹0.56 | x |
| 2010-03-31 | ₹0.45 | ₹0.56 | x |
| 2011-03-31 | ₹0.47 | ₹0.56 | x |
| 2012-03-31 | ₹0.94 | ₹0.56 | x |
| 2013-03-31 | ₹0.98 | ₹0.56 | x |
| 2014-03-31 | ₹1.01 | ₹0.56 | x |
| 2015-03-31 | ₹1.04 | ₹0.56 | x |
| 2016-03-31 | ₹0.93 | ₹0.56 | x |
| 2017-03-31 | ₹1.16 | ₹0.56 | x |
| 2018-03-31 | ₹1.24 | ₹0.56 | x |
| 2019-03-31 | ₹1.40 | ₹0.56 | x |
| 2020-03-31 | ₹0.69 | ₹0.56 | x |
| 2021-03-31 | ₹0.69 | ₹0.56 | x |
| 2022-03-31 | ₹0.67 | ₹0.56 | x |
| 2023-03-31 | ₹0.63 | ₹0.56 | x |
| 2024-03-31 | ₹0.10 | ₹0.56 | x |
| 2025-03-31 | ₹0.04 | ₹0.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Visagar 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): -147.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11019.87%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 6.43x
- Recent ROE (-147.09%) is below the historical average (-38.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 31.64% | 11.89% | 1.98x | 1.35x | ₹4.34 Million |
| 2009 | 8.19% | 1.86% | 2.35x | 1.87x | ₹-1.17 Million |
| 2010 | 6.05% | 1.59% | 2.13x | 1.79x | ₹-4.14 Million |
| 2011 | 8.45% | 1.75% | 2.10x | 2.29x | ₹-1.75 Million |
| 2012 | 4.40% | 1.68% | 1.51x | 1.73x | ₹-12.68 Million |
| 2013 | 4.03% | 1.50% | 1.35x | 1.99x | ₹-13.98 Million |
| 2014 | 4.18% | 1.43% | 1.26x | 2.31x | ₹-14.09 Million |
| 2015 | 6.65% | 2.81% | 0.99x | 2.38x | ₹-8.62 Million |
| 2016 | 0.62% | 0.10% | 2.43x | 2.47x | ₹-16.14 Million |
| 2017 | 5.12% | 1.67% | 1.56x | 1.96x | ₹-12.94 Million |
| 2018 | 4.63% | 1.71% | 1.24x | 2.17x | ₹-16.36 Million |
| 2019 | 0.47% | 0.30% | 0.91x | 1.72x | ₹-32.88 Million |
| 2020 | -71.18% | -141.14% | 0.30x | 1.68x | ₹-163.70 Million |
| 2021 | 0.21% | 0.87% | 0.14x | 1.74x | ₹-19.79 Million |
| 2022 | -2.91% | -16.12% | 0.12x | 1.47x | ₹-25.46 Million |
| 2023 | -7.61% | -177.05% | 0.03x | 1.49x | ₹-32.28 Million |
| 2024 | -555.96% | -189.18% | 0.88x | 3.35x | ₹-158.12 Million |
| 2025 | -147.09% | -11019.87% | 0.00x | 6.43x | ₹-17.77 Million |
Industry Comparison
This section compares Visagar Polytex Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-15,328,366,560
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Visagar Polytex Limited (VIVIDHA) | ₹2.34 Million | 31.64% | 25.76x | $1.67 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $18.42 Million |
| Akshar Spintex Limited (AKSHAR) | $362.57 Million | 3.43% | 1.02x | $3.77 Million |
| Alok Industries Limited (ALOKINDS) | $-206.30 Billion | 0.00% | 0.00x | $179.15 Million |
| Alps Industries Limited (ALPSINDUS) | $2.04 Billion | 0.00% | 5.49x | $155.37K |
| Ambika Cotton Mills Limited (AMBIKCO) | $5.65 Billion | 12.02% | 0.11x | $40.48 Million |
| Arvind Limited (ARVIND) | $34.04 Billion | 11.88% | 1.03x | $623.55 Million |
| Axita Cotton Limited (AXITA) | $362.65 Million | 42.51% | 2.00x | $21.73 Million |
| AYM Syntex Limited (AYMSYNTEX) | $789.26 Million | 14.66% | 2.84x | $26.36 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.69 Billion | 3.12% | 2.99x | $11.94 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $4.51 Billion | -4.87% | 1.72x | $6.49 Million |