V-Mart Retail Limited
V-Mart Retail Limited operates a chain of retail departmental stores in India. The company offers casual, formal, ethnic, sports and activewear, and inner wear for men; Western, ethnic, sports and activewear, inner, and night wear for women; and apparel for boys, girls, and infants, as well as inner wear and accessories. It also provides non-apparel products, such as fashion accessories, footwear… Read more
V-Mart Retail Limited (VMART) - Net Assets
Latest net assets as of September 2025: ₹8.46 Billion INR
Based on the latest financial reports, V-Mart Retail Limited (VMART) has net assets worth ₹8.46 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹26.26 Billion) and total liabilities (₹17.81 Billion). 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 | ₹8.46 Billion |
| % of Total Assets | 32.2% |
| Annual Growth Rate | 28.1% |
| 5-Year Change | -1.82% |
| 10-Year Change | 251.15% |
| Growth Volatility | 56.43 |
V-Mart Retail Limited - Net Assets Trend (2008–2025)
This chart illustrates how V-Mart Retail 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 V-Mart Retail Limited (2008–2025)
The table below shows the annual net assets of V-Mart Retail Limited from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹8.10 Billion | +8.46% |
| 2024-03-31 | ₹7.47 Billion | -12.02% |
| 2023-03-31 | ₹8.49 Billion | -0.07% |
| 2022-03-31 | ₹8.50 Billion | +2.96% |
| 2021-03-31 | ₹8.25 Billion | +79.81% |
| 2020-03-31 | ₹4.59 Billion | +12.13% |
| 2019-03-31 | ₹4.09 Billion | +17.80% |
| 2018-03-31 | ₹3.47 Billion | +28.52% |
| 2017-03-31 | ₹2.70 Billion | +17.17% |
| 2016-03-31 | ₹2.31 Billion | +12.58% |
| 2015-03-31 | ₹2.05 Billion | +20.44% |
| 2014-03-31 | ₹1.70 Billion | +15.24% |
| 2013-03-31 | ₹1.48 Billion | +172.34% |
| 2012-03-31 | ₹542.16 Million | +23.37% |
| 2011-03-31 | ₹439.45 Million | +17.08% |
| 2010-03-31 | ₹375.35 Million | +6.95% |
| 2009-03-31 | ₹350.97 Million | +191.82% |
| 2008-03-31 | ₹120.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to V-Mart Retail 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 17652.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.75 Billion | 33.92% |
| Common Stock | ₹198.00 Million | 2.44% |
| Other Comprehensive Income | ₹235.60 Million | 2.91% |
| Other Components | ₹4.92 Billion | 60.73% |
| Total Equity | ₹8.10 Billion | 100.00% |
V-Mart Retail Limited Competitors by Market Cap
The table below lists competitors of V-Mart Retail Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haitian Water Group Co.Ltd
SHG:603759
|
$225.00 Million |
|
Song Chuan Precision Co., Ltd.
TW:7788
|
$225.01 Million |
|
Kung Long Batteries Industrial Co Ltd
TW:1537
|
$225.04 Million |
|
Citic Press Corp
SHE:300788
|
$225.14 Million |
|
TCM Biotech International Corp.
TWO:4169
|
$224.86 Million |
|
Lungteh Shipbldg Co Ltd
TW:6753
|
$224.84 Million |
|
Caribbean Utilities Company Ltd
PINK:CUPUF
|
$224.77 Million |
|
Hanilcmt Co Ltd
KO:300720
|
$224.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in V-Mart Retail Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,469,900,000 to 8,101,800,000, a change of 631,900,000 (8.5%).
- Net income of 457,700,000 contributed positively to equity growth.
- Share repurchases of 41,500,000 reduced equity.
- New share issuances of 41,500,000 increased equity.
- Other comprehensive income increased equity by 176,299,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹457.70 Million | +5.65% |
| Share Repurchases | ₹41.50 Million | -0.51% |
| Share Issuances | ₹41.50 Million | +0.51% |
| Other Comprehensive Income | ₹176.30 Million | +2.18% |
| Other Changes | ₹-2.10 Million | -0.03% |
| Total Change | ₹- | 8.46% |
Book Value vs Market Value Analysis
This analysis compares V-Mart Retail 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: 1.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 78.72x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | ₹6.70 | ₹527.20 | x |
| 2009-03-31 | ₹19.54 | ₹527.20 | x |
| 2010-03-31 | ₹20.90 | ₹527.20 | x |
| 2011-03-31 | ₹24.47 | ₹527.20 | x |
| 2012-03-31 | ₹38.87 | ₹527.20 | x |
| 2013-03-31 | ₹101.22 | ₹527.20 | x |
| 2014-03-31 | ₹94.75 | ₹527.20 | x |
| 2015-03-31 | ₹113.96 | ₹527.20 | x |
| 2016-03-31 | ₹127.84 | ₹527.20 | x |
| 2017-03-31 | ₹149.14 | ₹527.20 | x |
| 2018-03-31 | ₹191.33 | ₹527.20 | x |
| 2019-03-31 | ₹225.16 | ₹527.20 | x |
| 2020-03-31 | ₹252.67 | ₹527.20 | x |
| 2021-03-31 | ₹448.28 | ₹527.20 | x |
| 2022-03-31 | ₹428.95 | ₹527.20 | x |
| 2023-03-31 | ₹429.52 | ₹527.20 | x |
| 2024-03-31 | ₹377.74 | ₹527.20 | x |
| 2025-03-31 | ₹405.17 | ₹527.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently V-Mart Retail 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): 5.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.41%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 3.01x
- Recent ROE (5.65%) is below the historical average (10.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 29.30% | 3.60% | 1.99x | 4.09x | ₹23.21 Million |
| 2009 | 2.98% | 0.74% | 1.79x | 2.27x | ₹-24.64 Million |
| 2010 | 6.20% | 1.62% | 1.68x | 2.28x | ₹-14.28 Million |
| 2011 | 14.26% | 2.93% | 1.95x | 2.50x | ₹18.70 Million |
| 2012 | 19.28% | 3.71% | 2.11x | 2.46x | ₹50.33 Million |
| 2013 | 12.19% | 4.70% | 1.67x | 1.56x | ₹32.39 Million |
| 2014 | 14.78% | 5.33% | 1.61x | 1.73x | ₹81.42 Million |
| 2015 | 18.23% | 6.12% | 1.86x | 1.61x | ₹168.73 Million |
| 2016 | 11.98% | 3.41% | 2.11x | 1.66x | ₹45.61 Million |
| 2017 | 16.24% | 4.38% | 2.01x | 1.85x | ₹168.70 Million |
| 2018 | 22.36% | 6.36% | 2.22x | 1.58x | ₹429.60 Million |
| 2019 | 15.06% | 4.30% | 2.27x | 1.54x | ₹206.99 Million |
| 2020 | 10.75% | 2.97% | 1.36x | 2.67x | ₹34.52 Million |
| 2021 | -0.75% | -0.58% | 0.66x | 1.97x | ₹-887.26 Million |
| 2022 | 1.37% | 0.70% | 0.79x | 2.47x | ₹-733.21 Million |
| 2023 | -0.92% | -0.32% | 0.90x | 3.23x | ₹-927.49 Million |
| 2024 | -12.95% | -3.48% | 0.98x | 3.81x | ₹-1.71 Billion |
| 2025 | 5.65% | 1.41% | 1.34x | 3.01x | ₹-352.48 Million |
Industry Comparison
This section compares V-Mart Retail Limited's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $23,563,892,000
- Average return on equity (ROE) among peers: -6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| V-Mart Retail Limited (VMART) | ₹8.46 Billion | 29.30% | 2.11x | $224.87 Million |
| Future Enterprises Limited (FELDVR) | $41.54 Billion | -7.98% | 2.77x | $10.03 Million |
| Future Retail Limited (FRETAIL) | $30.96 Billion | 0.37% | 1.65x | $14.13 Million |
| Osia Hyper Retail Limited (OSIAHYPER) | $3.93 Billion | 4.97% | 1.14x | $6.55 Million |
| Shoppers Stop Limited (SHOPERSTOP) | $2.45 Billion | -33.49% | 2.27x | $114.34 Million |
| Spencer's Retail Limited (SPENCERS) | $-1.50 Billion | 0.00% | 0.00x | $12.06 Million |
| Vishal Mega Mart Ord Shs (VMM) | $64.01 Billion | 0.12% | 0.56x | $2.50 Billion |