Vibhor Steel Tubes Limited Net Assets
Vibhor Steel Tubes Limited net assets. Based on the latest financial reports, Vibhor Steel Tubes Limited (VSTL) has net assets worth Rs1.97 Billion INR (≈ $21.30 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 (Rs4.39 Billion ≈ $47.48 Million USD) and total liabilities (Rs2.42 Billion ≈ $26.18 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. Also explore Vibhor Steel Tubes Limited equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.97 Billion |
| % of Total Assets | 44.87% |
| Annual Growth Rate | 20.52% |
| 5-Year Change | 173.72% |
| 10-Year Change | N/A |
| Growth Volatility | 26.1 |
Net Assets of Vibhor Steel Tubes Limited (2017–2026)
Net assets of Vibhor Steel Tubes Limited from 2017 to 2026. This chart illustrates how Vibhor Steel Tubes Limited's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Vibhor Steel Tubes Limited to measure how much of total assets are equity-financed.
Annual Net Assets for Vibhor Steel Tubes Limited (2017–2026)
The table below shows the annual net assets of Vibhor Steel Tubes Limited from 2017 to 2026. For live market cap and overall valuation, see market cap of Vibhor Steel Tubes Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.97 Billion ≈ $21.30 Million |
+4.72% |
| 2025-03-31 | Rs1.88 Billion ≈ $20.34 Million |
+5.82% |
| 2024-03-31 | Rs1.78 Billion ≈ $19.23 Million |
+90.76% |
| 2023-03-31 | Rs931.98 Million ≈ $10.08 Million |
+29.49% |
| 2022-03-31 | Rs719.73 Million ≈ $7.78 Million |
+18.98% |
| 2021-03-31 | Rs604.90 Million ≈ $6.54 Million |
+1.15% |
| 2020-03-31 | Rs598.02 Million ≈ $6.47 Million |
+9.24% |
| 2019-03-31 | Rs547.41 Million ≈ $5.92 Million |
+12.89% |
| 2018-03-31 | Rs484.90 Million ≈ $5.24 Million |
+32.05% |
| 2017-03-31 | Rs367.21 Million ≈ $3.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vibhor Steel Tubes 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 408.5% over the analyzed period, indicating profitable operations and earnings retention.
Vibhor Steel Tubes Limited Net Assets Breakdown (March 2026)
Vibhor Steel Tubes Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.17 Billion | 59.57% |
| Common Stock | Rs189.62 Million | 9.63% |
| Other Comprehensive Income | Rs853.00K | 0.04% |
| Other Components | Rs605.91 Million | 30.76% |
| Total Equity | Rs1.97 Billion | 100.00% |
Vibhor Steel Tubes Limited Competitors by Market Cap
The table below lists competitors of Vibhor Steel Tubes Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trek Metals Ltd
AU:TKM
|
$20.05 Million |
|
ED Invest S.A.
WAR:EDI
|
$20.06 Million |
|
Next Hydrogen Solutions Inc.
V:NXH
|
$20.06 Million |
|
Acrinova AB Series B
ST:ACRI-B
|
$20.06 Million |
|
Kyobo 3 SPAC
KQ:208710
|
$20.05 Million |
|
Coats Group PLC
LSE:COA
|
$20.04 Million |
|
Exyn Technologies, Inc. Common Stock
NASDAQ:EXYN
|
$20.04 Million |
|
Hifab Group AB Series B
ST:HIFA-B
|
$20.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vibhor Steel Tubes Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,881,221,000 to 1,970,009,000, a change of 88,788,000 (4.7%).
- Net income of 87,934,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 968,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs87.93 Million | +4.46% |
| Other Comprehensive Income | Rs968.00K | +0.05% |
| Other Changes | Rs-114.00K | -0.01% |
| Total Change | Rs- | 4.72% |
Book Value vs Market Value Analysis
This analysis compares Vibhor Steel Tubes 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: 0.94x
- 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 3.32x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | Rs29.48 | Rs97.76 | x |
| 2018-03-31 | Rs34.19 | Rs97.76 | x |
| 2019-03-31 | Rs38.60 | Rs97.76 | x |
| 2020-03-31 | Rs42.16 | Rs97.76 | x |
| 2021-03-31 | Rs42.65 | Rs97.76 | x |
| 2022-03-31 | Rs50.75 | Rs97.76 | x |
| 2023-03-31 | Rs65.67 | Rs97.76 | x |
| 2024-03-31 | Rs93.76 | Rs97.76 | x |
| 2025-03-31 | Rs99.32 | Rs97.76 | x |
| 2026-03-31 | Rs103.95 | Rs97.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vibhor Steel Tubes 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): 4.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.77%
- • Asset Turnover: 2.62x
- • Equity Multiplier: 2.23x
- Recent ROE (4.46%) is below the historical average (13.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 26.39% | 3.28% | 2.11x | 3.81x | Rs60.18 Million |
| 2018 | 23.54% | 2.55% | 2.26x | 4.09x | Rs65.66 Million |
| 2019 | 11.42% | 1.04% | 2.35x | 4.67x | Rs7.77 Million |
| 2020 | 8.46% | 0.91% | 2.69x | 3.47x | Rs-9.20 Million |
| 2021 | 1.14% | 0.14% | 2.95x | 2.86x | Rs-53.61 Million |
| 2022 | 15.74% | 1.39% | 3.29x | 3.45x | Rs41.34 Million |
| 2023 | 22.60% | 1.89% | 3.79x | 3.15x | Rs117.46 Million |
| 2024 | 9.97% | 1.65% | 2.80x | 2.16x | Rs-589.30K |
| 2025 | 6.26% | 1.18% | 2.10x | 2.52x | Rs-70.42 Million |
| 2026 | 4.46% | 0.77% | 2.62x | 2.23x | Rs-109.07 Million |
Industry Comparison
This section compares Vibhor Steel Tubes Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,040,938,729
- Average return on equity (ROE) among peers: 0.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vibhor Steel Tubes Limited (VSTL) | Rs1.97 Billion | 26.39% | 1.23x | $20.05 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-7.34 Billion | 0.00% | 0.00x | $3.13 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $18.33 Billion | 19.65% | 0.85x | $6.46 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.23 Billion | 25.69% | 2.12x | $101.62 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $669.63 Million | -78.16% | 9.03x | $37.49 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.40 Billion | 1.17% | 3.29x | $117.24 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.82 Billion | 0.00% | 0.00x | $81.89 Million |
| Grand Foundry Limited (GFSTEELS) | $-56.35 Million | 0.00% | 0.00x | $12.74 Million |
| Goodluck India Limited (GOODLUCK) | $786.55 Million | 20.98% | 2.40x | $184.94 Million |
| Godawari Power And Ispat limited (GPIL) | $5.08 Billion | 11.02% | 1.22x | $1.35 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $133.09 Million | 4.92% | 1.35x | $109.68 Million |
About Vibhor Steel Tubes Limited
Vibhor Steel Tubes Limited engages in the production and distribution of steel pipes and tubes for the heavy engineering sectors in India and internationally. The company offers electric resistance welded black pipes for water transport, oil, gas, and other nontoxic applications; hot-dipped galvanized pipes for agriculture and infrastructure; hollow section pipes/tubes in square and rectangular c… Read more