VLS Finance Limited (VLSFINANCE) - Net Assets

Latest as of September 2025: Rs26.50 Billion INR ≈ $286.59 Million USD

Based on the latest financial reports, VLS Finance Limited (VLSFINANCE) has net assets worth Rs26.50 Billion INR (≈ $286.59 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 (Rs29.40 Billion ≈ $317.98 Million USD) and total liabilities (Rs2.90 Billion ≈ $31.39 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 VLS Finance Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs26.50 Billion
% of Total Assets	90.13%
Annual Growth Rate	15.75%
5-Year Change	1.52%
10-Year Change	918.75%
Growth Volatility	99.07

VLS Finance Limited - Net Assets Trend (2006–2025)

This chart illustrates how VLS Finance Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of VLS Finance Limited for the complete picture of this company's asset base.

Annual Net Assets for VLS Finance Limited (2006–2025)

The table below shows the annual net assets of VLS Finance Limited from 2006 to 2025. For live valuation and market cap data, see VLS Finance Limited market cap and net worth.

Year	Net Assets	Change
2025-03-31	Rs24.72 Billion ≈ $267.34 Million	-17.12%
2024-03-31	Rs29.83 Billion ≈ $322.56 Million	+19.28%
2023-03-31	Rs25.01 Billion ≈ $270.43 Million	-15.67%
2022-03-31	Rs29.65 Billion ≈ $320.69 Million	+21.78%
2021-03-31	Rs24.35 Billion ≈ $263.34 Million	+38.81%
2020-03-31	Rs17.54 Billion ≈ $189.72 Million	+447.24%
2019-03-31	Rs3.21 Billion ≈ $34.67 Million	+5.89%
2018-03-31	Rs3.03 Billion ≈ $32.74 Million	+7.27%
2017-03-31	Rs2.82 Billion ≈ $30.52 Million	+16.31%
2016-03-31	Rs2.43 Billion ≈ $26.24 Million	+3.78%
2015-03-31	Rs2.34 Billion ≈ $25.29 Million	+14.19%
2014-03-31	Rs2.05 Billion ≈ $22.14 Million	+1.02%
2013-03-31	Rs2.03 Billion ≈ $21.92 Million	+0.91%
2012-03-31	Rs2.01 Billion ≈ $21.72 Million	+1.49%
2011-03-31	Rs1.98 Billion ≈ $21.40 Million	+2.69%
2010-03-31	Rs1.93 Billion ≈ $20.84 Million	+2.82%
2009-03-31	Rs1.87 Billion ≈ $20.27 Million	+5.48%
2008-03-31	Rs1.78 Billion ≈ $19.22 Million	+9.35%
2007-03-31	Rs1.62 Billion ≈ $17.57 Million	+5.90%
2006-03-31	Rs1.53 Billion ≈ $16.59 Million	--

Equity Component Analysis

This analysis shows how different components contribute to VLS Finance 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 grown by 1766098300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs17.66 Billion	71.44%
Common Stock	Rs341.32 Million	1.38%
Other Comprehensive Income	Rs6.67 Billion	26.98%
Other Components	Rs47.43 Million	0.19%
Total Equity	Rs24.72 Billion	100.00%

VLS Finance Limited Competitors by Market Cap

The table below lists competitors of VLS Finance Limited ranked by their market capitalization.

Company	Market Cap
Foshan Electrical and Lighting Co Ltd SHE:200541	$78.31 Million
Ares International Corp TW:2471	$78.31 Million
Jcontentree Corp KO:036420	$78.33 Million
V2 Retail Limited NSE:V2RETAIL	$78.34 Million
Menderes Tekstil Sanayi ve Ticaret AS IS:MNDRS	$78.25 Million
Vasta Platform Ltd NASDAQ:VSTA	$78.25 Million
Dong A Eltek Co. Ltd KQ:088130	$78.25 Million
Dallasnews Corp NASDAQ:DALN	$78.24 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in VLS Finance Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 29,826,408,000 to 24,719,911,000, a change of -5,106,497,000 (-17.1%).
Net income of 462,044,000 contributed positively to equity growth.
Dividend payments of 85,026,000 reduced retained earnings.
Share repurchases of 354,915,000 reduced equity.
Other comprehensive income decreased equity by 7,312,133,000.
Other factors increased equity by 2,183,533,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs462.04 Million	+1.87%
Dividends Paid	Rs85.03 Million	-0.34%
Share Repurchases	Rs354.92 Million	-1.44%
Other Comprehensive Income	Rs-7.31 Billion	-29.58%
Other Changes	Rs2.18 Billion	+8.83%
Total Change	Rs-	-17.12%

Book Value vs Market Value Analysis

This analysis compares VLS Finance 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: 0.32x
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 5.98x to 0.32x 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	Rs38.56	Rs230.65	x
2007-03-31	Rs40.83	Rs230.65	x
2008-03-31	Rs44.65	Rs230.65	x
2009-03-31	Rs47.10	Rs230.65	x
2010-03-31	Rs48.43	Rs230.65	x
2011-03-31	Rs49.72	Rs230.65	x
2012-03-31	Rs50.46	Rs230.65	x
2013-03-31	Rs50.92	Rs230.65	x
2014-03-31	Rs51.84	Rs230.65	x
2015-03-31	Rs60.46	Rs230.65	x
2016-03-31	Rs62.75	Rs230.65	x
2017-03-31	Rs72.97	Rs230.65	x
2018-03-31	Rs78.27	Rs230.65	x
2019-03-31	Rs82.88	Rs230.65	x
2020-03-31	Rs453.07	Rs230.65	x
2021-03-31	Rs628.88	Rs230.65	x
2022-03-31	Rs766.99	Rs230.65	x
2023-03-31	Rs647.25	Rs230.65	x
2024-03-31	Rs855.90	Rs230.65	x
2025-03-31	Rs716.47	Rs230.65	x

Capital Efficiency Dashboard

This dashboard shows how efficiently VLS Finance 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): 1.87%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 64.11%
• Asset Turnover: 0.03x
• Equity Multiplier: 1.10x
Recent ROE (1.87%) is below the historical average (4.81%), 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	4.80%	0.34%	13.81x	1.03x	Rs-79.78 Million
2007	5.58%	0.37%	14.68x	1.02x	Rs-71.86 Million
2008	8.55%	0.77%	10.66x	1.04x	Rs-25.70 Million
2009	5.20%	1.52%	3.23x	1.06x	Rs-90.02 Million
2010	2.58%	0.47%	4.85x	1.12x	Rs-143.04 Million
2011	2.58%	0.84%	2.45x	1.25x	Rs-146.88 Million
2012	1.45%	0.13%	9.61x	1.14x	Rs-171.62 Million
2013	0.97%	0.08%	10.05x	1.14x	Rs-182.95 Million
2014	1.81%	0.10%	16.05x	1.16x	Rs-167.58 Million
2015	3.04%	0.15%	17.32x	1.14x	Rs-162.58 Million
2016	3.64%	0.46%	6.76x	1.17x	Rs-154.20 Million
2017	15.66%	1.64%	8.34x	1.15x	Rs159.74 Million
2018	8.31%	1.16%	6.14x	1.16x	Rs-51.04 Million
2019	-1.30%	-0.14%	8.91x	1.05x	Rs-362.18 Million
2020	2.24%	1.17%	1.53x	1.25x	Rs-1.36 Billion
2021	9.10%	100.55%	0.07x	1.26x	Rs-217.88 Million
2022	7.09%	750.75%	0.01x	1.24x	Rs-863.27 Million
2023	2.24%	212.50%	0.01x	1.22x	Rs-1.94 Billion
2024	10.87%	85.76%	0.11x	1.19x	Rs260.70 Million
2025	1.87%	64.11%	0.03x	1.10x	Rs-2.01 Billion

Industry Comparison

This section compares VLS Finance Limited's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

Industry: Capital Markets
Average net assets among peers: $1,760,362,035
Average return on equity (ROE) among peers: 9.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
VLS Finance Limited (VLSFINANCE)	Rs26.50 Billion	4.80%	0.11x	$78.27 Million
21st Century Management Services Limited (21STCENMGM)	$456.10 Million	12.69%	0.44x	$4.15 Million
5paisa Capital Ltd (5PAISA)	$121.33 Million	-45.32%	2.67x	$113.39 Million
Abans Holdings Limited (AHL)	$7.36 Billion	8.41%	0.59x	$117.39 Million
AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL)	$552.74 Million	2.13%	0.52x	$4.33 Billion
Almondz Global Securities Limited (ALMONDZ)	$1.10 Billion	10.23%	0.67x	$30.95 Million
Angel One Limited (ANGELONE)	$3.47 Billion	12.65%	1.81x	$3.03 Billion
Arihant Capital Markets Limited (ARIHANTCAP)	$1.19 Billion	17.41%	1.60x	$83.11 Million
Ausom Enterprise Limited (AUSOMENT)	$605.47 Million	34.34%	0.54x	$21.77 Million
Avonmore Capital & Management Services Limited (AVONMORE)	$1.13 Billion	5.92%	0.68x	$37.72 Million
Aditya Birla Money Limited (BIRLAMONEY)	$1.63 Billion	32.55%	12.01x	$89.41 Million

About VLS Finance Limited

NSE:VLSFINANCE India Capital Markets

Market Cap

$78.27 Million

Rs7.24 Billion INR

Market Cap Rank

#20130 Global

#1094 in India

Share Price

Rs230.65

Change (1 day)

-2.43%

52-Week Range

Rs201.47 - Rs333.45

All Time High

Rs430.40