Indus Gas Limited

LSE:INDI UK Oil & Gas E&P
Market Cap
$42.30K
GBX347.65 Million GBX
Market Cap Rank
#47239 Global
#1031 in UK
Share Price
GBX1.90
Change (1 day)
+39.71%
52-Week Range
GBX1.32 - GBX18.25
All Time High
GBX505.00
Categories
Companies in UK Oil & Gas E&P
About

Indus Gas Limited, through its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in Asia. The company engages in the exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas and condensate. It owns a 90% participating interest in the Block RJ-ON/6 covering an area of approximately 4,026 square kilometers … Read more

Indus Gas Limited (INDI) - Net Assets

Latest net assets as of September 2024: GBX364.27 Million GBX

Based on the latest financial reports, Indus Gas Limited (INDI) has net assets worth GBX364.27 Million GBX as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.42 Billion) and total liabilities (GBX1.06 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX364.27 Million
% of Total Assets 25.65%
Annual Growth Rate 19.05%
5-Year Change 45.79%
10-Year Change 312.46%
Growth Volatility 36.12

Indus Gas Limited - Net Assets Trend (2008–2024)

This chart illustrates how Indus Gas Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Indus Gas Limited (2008–2024)

The table below shows the annual net assets of Indus Gas Limited from 2008 to 2024.

Year Net Assets Change
2024-03-31 GBX363.63 Million +5.88%
2023-03-31 GBX343.44 Million +9.88%
2022-03-31 GBX312.56 Million +12.70%
2021-03-31 GBX277.35 Million +11.20%
2020-03-31 GBX249.42 Million +24.49%
2019-03-31 GBX200.37 Million +23.02%
2018-03-31 GBX162.88 Million +26.02%
2017-03-31 GBX129.25 Million +24.44%
2016-03-31 GBX103.87 Million +17.81%
2015-03-31 GBX88.16 Million +22.59%
2014-03-31 GBX71.92 Million +19.57%
2013-03-31 GBX60.14 Million +2.65%
2012-03-31 GBX58.59 Million +2.39%
2011-03-31 GBX57.22 Million -1.94%
2010-03-31 GBX58.35 Million +1.37%
2009-03-31 GBX57.57 Million +157.88%
2008-03-31 GBX22.32 Million --

Equity Component Analysis

This analysis shows how different components contribute to Indus Gas 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 30358653360.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2024)

Component Amount Percentage
Retained Earnings GBX303.02 Million 83.33%
Common Stock GBX3.62 Million 1.00%
Other Comprehensive Income GBX10.26 Million 2.82%
Other Components GBX46.73 Million 12.85%
Total Equity GBX363.63 Million 100.00%

Indus Gas Limited Competitors by Market Cap

The table below lists competitors of Indus Gas Limited ranked by their market capitalization.

Company Market Cap
Ekiosk
WAR:EKS
 		$2.12K
JHS Svendgaard Retail Ventures Limited
NSE:RETAIL
 		$2.12K
CanaQuest Medical Corp
PINK:CANQF
 		$2.12K
Crescent Textile Mills Ltd
KAR:CRTM
 		$2.12K
ATMP3F
SA:ATMP3F
 		$2.12K
Black Rose Projects S.A.
WAR:BRP
 		$2.12K
PROTEOLOGICS - Tel Aviv Stock Exchang
TA:PRTL
 		$2.12K
Sidney Resources Corp
PINK:SDRC
 		$2.12K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Indus Gas Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 343,443,324 to 363,628,576, a change of 20,185,252 (5.9%).
  • Net income of 20,185,000 contributed positively to equity growth.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX20.18 Million +5.55%
Other Changes GBX252.00 +0.0%
Total Change GBX- 5.88%

Book Value vs Market Value Analysis

This analysis compares Indus Gas 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: 0.96x
  • 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 14.27x to 0.96x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-03-31 GBX0.13 GBX1.90 x
2009-03-31 GBX0.32 GBX1.90 x
2010-03-31 GBX0.32 GBX1.90 x
2011-03-31 GBX0.31 GBX1.90 x
2012-03-31 GBX0.32 GBX1.90 x
2013-03-31 GBX0.33 GBX1.90 x
2014-03-31 GBX0.39 GBX1.90 x
2015-03-31 GBX0.48 GBX1.90 x
2016-03-31 GBX0.57 GBX1.90 x
2017-03-31 GBX0.71 GBX1.90 x
2018-03-31 GBX0.89 GBX1.90 x
2019-03-31 GBX1.10 GBX1.90 x
2020-03-31 GBX1.36 GBX1.90 x
2021-03-31 GBX1.52 GBX1.90 x
2022-03-31 GBX1.71 GBX1.90 x
2023-03-31 GBX1.88 GBX1.90 x
2024-03-31 GBX1.99 GBX1.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Indus Gas 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): 5.55%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 47.02%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 3.88x
  • Recent ROE (5.55%) is below the historical average (9.49%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 -2.54% 0.00% 0.00x 2.77x GBX-2.80 Million
2009 2.03% 0.00% 0.00x 1.82x GBX-4.59 Million
2010 -2.96% 0.00% 0.00x 2.42x GBX-7.56 Million
2011 -4.22% -110.47% 0.01x 3.46x GBX-8.14 Million
2012 2.31% 20.05% 0.03x 4.48x GBX-4.50 Million
2013 2.32% 17.29% 0.02x 5.98x GBX-4.62 Million
2014 16.37% 42.29% 0.07x 5.95x GBX4.58 Million
2015 18.43% 39.25% 0.08x 5.78x GBX7.43 Million
2016 15.12% 34.45% 0.07x 6.09x GBX5.32 Million
2017 19.64% 46.51% 0.08x 5.11x GBX12.46 Million
2018 20.65% 55.49% 0.08x 4.91x GBX17.34 Million
2019 18.71% 61.85% 0.06x 4.73x GBX17.45 Million
2020 19.67% 84.63% 0.05x 4.32x GBX24.12 Million
2021 10.07% 57.55% 0.04x 4.50x GBX192.67K
2022 11.26% 65.56% 0.04x 4.17x GBX3.95 Million
2023 8.99% 48.99% 0.05x 3.96x GBX-3.46 Million
2024 5.55% 47.02% 0.03x 3.88x GBX-16.18 Million

Industry Comparison

This section compares Indus Gas Limited's net assets metrics with peer companies in the Oil & Gas E&P industry.

Industry Context

  • Industry: Oil & Gas E&P
  • Average net assets among peers: $60,597,583
  • Average return on equity (ROE) among peers: 3.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Indus Gas Limited (INDI) GBX364.27 Million -2.54% 2.90x $2.12K
Afentra PLC (AET) $278.27 Million -0.81% 1.23x $17.50K
Angus Energy PLC (ANGS) $152.00K 100.00% 8.59x $1.29K
Ascent Resources plc (AST) $-378.00K 0.00% 0.00x $320.65
Beacon Energy PLC (BCE) $-300.00K 0.00% 0.00x $87.84
Block Energy PLC (BLOE) $29.69 Million -18.56% 0.15x $1.33K
Buccaneer Energy plc. (BUCE) $-599.00K 0.00% 0.00x $241.65
Cadogan Petroleum plc (CAD) $297.93 Million -11.82% 0.03x $1.37K
Challenger Energy Group PLC (CEG) $5.74 Million -27.08% 0.05x $3.31K
Clontarf Energy Plc (CLON) $2.87 Million -6.95% 0.33x $229.28
Coro Energy PLC (CORO) $-7.40 Million 0.00% 0.00x $470.51