Aaron Industries Limited
Aaron Industries Limited engages in the manufacture and sale of elevators and elevator parts in India. The company operates through the Elevator and Steel Polishing segments. The Elevator segment offers the manufacturing and sale of elevator cabins, auto doors, traction machines, and other elevator components. The Steel Polishing segment undertakes stainless steel sheet polishing and finishing op… Read more
Aaron Industries Limited (AARON) - Net Assets
Latest net assets as of September 2025: ₹442.33 Million INR
Based on the latest financial reports, Aaron Industries Limited (AARON) has net assets worth ₹442.33 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹873.83 Million) and total liabilities (₹431.50 Million). 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 | ₹442.33 Million |
| % of Total Assets | 50.62% |
| Annual Growth Rate | 102.42% |
| 5-Year Change | 253.48% |
| 10-Year Change | 17949.41% |
| Growth Volatility | 314.1 |
Aaron Industries Limited - Net Assets Trend (2014–2025)
This chart illustrates how Aaron Industries 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 Aaron Industries Limited (2014–2025)
The table below shows the annual net assets of Aaron Industries Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹430.30 Million | +20.05% |
| 2024-03-31 | ₹358.43 Million | +75.02% |
| 2023-03-31 | ₹204.79 Million | +28.89% |
| 2022-03-31 | ₹158.89 Million | +30.53% |
| 2021-03-31 | ₹121.73 Million | +12.70% |
| 2020-03-31 | ₹108.01 Million | +15.23% |
| 2019-03-31 | ₹93.73 Million | +163.14% |
| 2018-03-31 | ₹35.62 Million | +1128.31% |
| 2017-03-31 | ₹2.90 Million | +21.64% |
| 2016-03-31 | ₹2.38 Million | +333.45% |
| 2015-03-31 | ₹550.00K | +198.91% |
| 2014-03-31 | ₹184.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aaron Industries 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 272485.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹228.97 Million | 53.21% |
| Common Stock | ₹104.73 Million | 24.34% |
| Other Components | ₹96.59 Million | 22.45% |
| Total Equity | ₹430.30 Million | 100.00% |
Aaron Industries Limited Competitors by Market Cap
The table below lists competitors of Aaron Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Snipp Interactive Inc
PINK:SNIPF
|
$9.17 Million |
|
Galleon Gold Corp
PINK:PNCKF
|
$9.17 Million |
|
Talius Group Ltd.
AU:TAL
|
$9.18 Million |
|
20/20 Biolabs, Inc. Common Stock
NASDAQ:AIDX
|
$9.18 Million |
|
Dcon Products Public Company Limited
BK:DCON
|
$9.17 Million |
|
oodash Group AB (publ)
ST:OODA
|
$9.17 Million |
|
Prodigy Public Company Limited
BK:PDG
|
$9.16 Million |
|
Star Money Public Company Limited
BK:STARM
|
$9.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aaron Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 358,427,000 to 430,297,000, a change of 71,870,000 (20.1%).
- Net income of 82,432,000 contributed positively to equity growth.
- Dividend payments of 10,473,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹82.43 Million | +19.16% |
| Dividends Paid | ₹10.47 Million | -2.43% |
| Other Comprehensive Income | ₹-1.00K | -0.0% |
| Other Changes | ₹-88.00K | -0.02% |
| Total Change | ₹- | 20.05% |
Book Value vs Market Value Analysis
This analysis compares Aaron Industries 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: 3.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7720.20x to 3.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹0.02 | ₹141.43 | x |
| 2015-03-31 | ₹0.05 | ₹141.43 | x |
| 2016-03-31 | ₹0.24 | ₹141.43 | x |
| 2017-03-31 | ₹0.29 | ₹141.43 | x |
| 2018-03-31 | ₹3.55 | ₹141.43 | x |
| 2019-03-31 | ₹10.39 | ₹141.43 | x |
| 2020-03-31 | ₹5.63 | ₹141.43 | x |
| 2021-03-31 | ₹12.12 | ₹141.43 | x |
| 2022-03-31 | ₹15.82 | ₹141.43 | x |
| 2023-03-31 | ₹20.39 | ₹141.43 | x |
| 2024-03-31 | ₹34.22 | ₹141.43 | x |
| 2025-03-31 | ₹41.14 | ₹141.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aaron Industries 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): 19.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.58%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.92x
- Recent ROE (19.16%) is below the historical average (25.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 45.65% | 2.15% | 1.01x | 21.04x | ₹65.60K |
| 2015 | 66.55% | 1.54% | 2.23x | 19.36x | ₹311.00K |
| 2016 | 16.19% | 1.17% | 1.50x | 9.26x | ₹147.60K |
| 2017 | 17.03% | 1.03% | 1.88x | 8.81x | ₹204.00K |
| 2018 | 30.05% | 9.09% | 1.70x | 1.94x | ₹7.14 Million |
| 2019 | 11.30% | 6.04% | 1.00x | 1.87x | ₹1.22 Million |
| 2020 | 12.44% | 6.28% | 1.12x | 1.77x | ₹2.64 Million |
| 2021 | 15.83% | 7.73% | 1.15x | 1.79x | ₹7.10 Million |
| 2022 | 23.34% | 9.83% | 1.27x | 1.87x | ₹21.20 Million |
| 2023 | 26.39% | 9.68% | 1.44x | 1.89x | ₹33.56 Million |
| 2024 | 17.66% | 10.02% | 0.85x | 2.08x | ₹27.47 Million |
| 2025 | 19.16% | 10.58% | 0.94x | 1.92x | ₹39.40 Million |
Industry Comparison
This section compares Aaron Industries Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $15,152,257,333
- Average return on equity (ROE) among peers: 8.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aaron Industries Limited (AARON) | ₹442.33 Million | 45.65% | 0.98x | $9.17 Million |
| Ador Welding Limited (ADORWELD) | $2.35 Billion | 7.84% | 0.61x | $74.72 Million |
| Affordable Robotic & Automation Limited (AFFORDABLE) | $1.13 Billion | 5.71% | 1.11x | $15.98K |
| AIA Engineering Limited (AIAENG) | $10.59 Billion | 17.34% | 0.50x | $1.30 Billion |
| The Anup Engineering Limited (ANUP) | $3.93 Billion | 15.77% | 0.34x | $185.19 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $43.62 Million | 14.95% | 2.96x | $3.43 Million |
| Azad Engineering Limited (AZAD) | $13.93 Billion | 6.27% | 0.34x | $468.30 Million |
| Bharat Heavy Electricals Limited (BHEL) | $52.96 Billion | 12.43% | 1.30x | $4.21 Billion |
| Cummins India Limited (CUMMINSIND) | $42.83 Billion | 17.34% | 0.41x | $7.17 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $8.61 Billion | -21.42% | 2.62x | $116.63 Million |