TVS Holdings Limited (TVSHLTD) — Tangible Net Worth Ratio
TVS Holdings Limited (TVSHLTD) has a Tangible Net Worth Ratio of 77.9% as of March 2026. This metric is calculated by deducting intangible assets (Rs28.52 Billion) from net assets (Rs128.92 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 TVSHLTD shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TVS Holdings Limited Tangible Net Worth Ratio (2005–2026)
This chart shows how TVS Holdings Limited's Tangible Net Worth Ratio has changed across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 77.9%, reflecting net assets of Rs128.92 Billion with intangible assets of Rs28.52 Billion INR. For live market cap and overall valuation, see TVS Holdings Limited (TVSHLTD) total market value.
Annual Tangible Net Worth Ratio for TVS Holdings Limited (2005–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for TVS Holdings Limited from 2005 to 2026, covering 22 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 TVSHLTD capital expenditure intensity 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 | 77.9% | Rs128.92 Billion | Rs28.52 Billion | Rs640.08 Billion | ▼ -0.5 pp |
| 2025 | 78.4% | Rs101.56 Billion | Rs21.94 Billion | Rs541.81 Billion | ▲ +0.7 pp |
| 2024 | 77.7% | Rs69.92 Billion | Rs15.57 Billion | Rs447.27 Billion | ▼ -1.5 pp |
| 2023 | 79.3% | Rs60.94 Billion | Rs12.64 Billion | Rs395.26 Billion | ▼ -5.6 pp |
| 2022 | 84.9% | Rs72.82 Billion | Rs11.02 Billion | Rs307.10 Billion | ▼ -0.2 pp |
| 2021 | 85.1% | Rs46.63 Billion | Rs6.96 Billion | Rs235.69 Billion | ▼ -6.3 pp |
| 2020 | 91.4% | Rs39.80 Billion | Rs3.43 Billion | Rs208.18 Billion | ▼ -3.4 pp |
| 2019 | 94.7% | Rs38.99 Billion | Rs2.05 Billion | Rs184.94 Billion | ▼ -2.3 pp |
| 2018 | 97.0% | Rs33.43 Billion | Rs989.90 Million | Rs150.95 Billion | ▼ -1.0 pp |
| 2017 | 98.0% | Rs27.95 Billion | Rs554.00 Million | Rs74.85 Billion | ▲ +0.2 pp |
| 2016 | 97.9% | Rs22.92 Billion | Rs492.00 Million | Rs62.16 Billion | ▼ -0.4 pp |
| 2015 | 98.2% | Rs18.23 Billion | Rs322.30 Million | Rs55.74 Billion | ▲ +62.6 pp |
| 2014 | 35.6% | Rs15.17 Billion | Rs9.77 Billion | Rs45.55 Billion | ▼ -9.0 pp |
| 2013 | 44.6% | Rs12.22 Billion | Rs6.77 Billion | Rs42.83 Billion | ▼ -54.7 pp |
| 2012 | 99.3% | Rs10.28 Billion | Rs67.38 Million | Rs42.12 Billion | ▼ -0.1 pp |
| 2011 | 99.4% | Rs9.21 Billion | Rs53.63 Million | Rs38.08 Billion | ▲ +89.2 pp |
| 2010 | 10.2% | Rs8.37 Billion | Rs7.51 Billion | Rs33.97 Billion | ▲ +23.8 pp |
| 2009 | -13.5% | Rs7.55 Billion | Rs8.57 Billion | Rs36.45 Billion | ▼ -31.5 pp |
| 2008 | 18.0% | Rs9.47 Billion | Rs7.77 Billion | Rs34.56 Billion | ▼ -4.1 pp |
| 2007 | 22.1% | Rs11.02 Billion | Rs8.59 Billion | Rs34.82 Billion | ▼ -11.0 pp |
| 2006 | 33.0% | Rs10.25 Billion | Rs6.86 Billion | Rs29.56 Billion | ▲ +0.3 pp |
| 2005 | 32.7% | Rs8.91 Billion | Rs5.99 Billion | Rs24.82 Billion | — |