Popular Vehicles and Services Limited (PVSL) — Tangible Net Worth Ratio
Popular Vehicles and Services Limited (PVSL) has a Tangible Net Worth Ratio of 98.9% as of March 2026. This metric is calculated by deducting intangible assets (Rs72.07 Million) from net assets (Rs6.28 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore PVSL net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Popular Vehicles and Services Limited Tangible Net Worth Ratio (2019–2026)
This chart shows how Popular Vehicles and Services Limited's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 98.9%, reflecting net assets of Rs6.28 Billion with intangible assets of Rs72.07 Million INR. For live market cap and overall valuation, see PVSL market cap.
Annual Tangible Net Worth Ratio for Popular Vehicles and Services Limited (2019–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Popular Vehicles and Services Limited from 2019 to 2026, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Popular Vehicles and Services Limited (PVSL) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 98.9% | Rs6.28 Billion | Rs72.07 Million | Rs23.83 Billion | ▲ +0.5 pp |
| 2025 | 98.4% | Rs6.39 Billion | Rs104.16 Million | Rs19.05 Billion | ▲ +0.6 pp |
| 2024 | 97.8% | Rs6.53 Billion | Rs142.71 Million | Rs19.57 Billion | ▲ +3.2 pp |
| 2023 | 94.6% | Rs3.43 Billion | Rs184.70 Million | Rs15.04 Billion | ▼ -4.0 pp |
| 2022 | 98.6% | Rs2.80 Billion | Rs39.05 Million | Rs12.63 Billion | ▲ +0.6 pp |
| 2021 | 98.0% | Rs2.46 Billion | Rs49.87 Million | Rs11.19 Billion | ▲ +1.1 pp |
| 2019 | 96.9% | Rs1.98 Billion | Rs61.56 Million | Rs12.12 Billion | — |