Vardhman Holdings Limited (VHL) — Tangible Net Worth Ratio
Vardhman Holdings Limited (VHL) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (Rs0.00) from net assets (Rs37.66 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. For live market cap and overall valuation, see Vardhman Holdings Limited stock valuation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vardhman Holdings Limited Tangible Net Worth Ratio (2006–2026)
This chart shows how Vardhman Holdings Limited's Tangible Net Worth Ratio has changed across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of Rs37.66 Billion with intangible assets of Rs0.00 INR. Also explore VHL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Vardhman Holdings Limited (2006–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Vardhman Holdings Limited from 2006 to 2026, covering 21 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. See Vardhman Holdings Limited (VHL) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | Rs37.66 Billion | Rs0.00 | Rs37.69 Billion | ▲ +0.0 pp |
| 2025 | 100.0% | Rs35.40 Billion | Rs0.00 | Rs35.41 Billion | ▼ -0.5 pp |
| 2024 | 100.5% | Rs32.97 Billion | Rs-163.10 Million | Rs32.98 Billion | ▲ +96.6 pp |
| 2023 | 3.9% | Rs31.00 Billion | Rs29.79 Billion | Rs31.01 Billion | ▼ -96.6 pp |
| 2022 | 100.5% | Rs27.77 Billion | Rs-144.39 Million | Rs27.78 Billion | ▲ +3.5 pp |
| 2021 | 97.0% | Rs23.06 Billion | Rs683.93 Million | Rs23.07 Billion | ▲ +84.4 pp |
| 2020 | 12.6% | Rs21.26 Billion | Rs18.58 Billion | Rs21.30 Billion | ▼ -87.4 pp |
| 2019 | 100.0% | Rs19.97 Billion | Rs0.00 | Rs20.03 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | Rs18.22 Billion | Rs0.00 | Rs18.25 Billion | ▲ +0.2 pp |
| 2017 | 99.8% | Rs16.15 Billion | Rs34.32 Million | Rs16.18 Billion | ▼ -0.2 pp |
| 2016 | 100.0% | Rs12.47 Billion | Rs0.00 | Rs12.49 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | Rs2.31 Billion | Rs0.00 | Rs2.33 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | Rs2.02 Billion | Rs0.00 | Rs2.04 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | Rs1.86 Billion | Rs0.00 | Rs1.87 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | Rs1.76 Billion | Rs0.00 | Rs1.77 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | Rs1.21 Billion | Rs0.00 | Rs1.23 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | Rs1.15 Billion | Rs0.00 | Rs1.16 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | Rs1.09 Billion | Rs0.00 | Rs1.09 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | Rs1.01 Billion | Rs0.00 | Rs1.02 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | Rs1.01 Billion | Rs0.00 | Rs1.01 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | Rs882.89 Million | Rs0.00 | Rs892.93 Million | — |