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. See Popular Vehicles and Services Limited shareholders equity for net asset value and shareholders' equity analysis.
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. Also explore PVSL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see Popular Vehicles and Services Limited market cap and net worth.
| 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 | — |