Aaron Industries Limited Net Assets
Aaron Industries Limited net assets. Based on the latest financial reports, Aaron Industries Limited (AARON) has net assets worth Rs486.12 Million INR (≈ $5.26 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs911.78 Million ≈ $9.86 Million USD) and total liabilities (Rs425.66 Million ≈ $4.60 Million USD). 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. Also explore net asset growth rate of Aaron Industries Limited to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs486.12 Million |
| % of Total Assets | 53.32% |
| Annual Growth Rate | 92.82% |
| 5-Year Change | 205.94% |
| 10-Year Change | 16662.83% |
| Growth Volatility | 304.44 |
Net Assets of Aaron Industries Limited (2014–2026)
Net assets of Aaron Industries Limited from 2014 to 2026. This chart illustrates how Aaron Industries Limited's net assets have evolved over time, based on quarterly financial data. See Aaron Industries Limited balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Aaron Industries Limited (2014–2026)
The table below shows the annual net assets of Aaron Industries Limited from 2014 to 2026. For live market cap and overall valuation, see how much is Aaron Industries Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs486.12 Million ≈ $5.26 Million |
+12.97% |
| 2025-03-31 | Rs430.30 Million ≈ $4.65 Million |
+20.05% |
| 2024-03-31 | Rs358.43 Million ≈ $3.88 Million |
+75.02% |
| 2023-03-31 | Rs204.79 Million ≈ $2.21 Million |
+28.89% |
| 2022-03-31 | Rs158.89 Million ≈ $1.72 Million |
+30.53% |
| 2021-03-31 | Rs121.73 Million ≈ $1.32 Million |
+12.70% |
| 2020-03-31 | Rs108.01 Million ≈ $1.17 Million |
+15.23% |
| 2019-03-31 | Rs93.73 Million ≈ $1.01 Million |
+163.14% |
| 2018-03-31 | Rs35.62 Million ≈ $385.23K |
+1128.31% |
| 2017-03-31 | Rs2.90 Million ≈ $31.36K |
+21.64% |
| 2016-03-31 | Rs2.38 Million ≈ $25.78K |
+333.45% |
| 2015-03-31 | Rs550.00K ≈ $5.95K |
+198.91% |
| 2014-03-31 | Rs184.00K ≈ $1.99K |
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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 214263.1% over the analyzed period, indicating profitable operations and earnings retention.
Aaron Industries Limited Net Assets Breakdown (March 2026)
Aaron Industries Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs180.06 Million | 37.04% |
| Common Stock | Rs209.47 Million | 43.09% |
| Other Components | Rs96.59 Million | 19.87% |
| Total Equity | Rs486.12 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 |
|---|---|
|
Geekay Wires Limited
NSE:GEEKAYWIRE
|
$30.42 Million |
|
Comunication Weaver Co.Ltd
KQ:056360
|
$30.43 Million |
|
Shanghai Material Trading Co Ltd B
SHG:900927
|
$30.45 Million |
|
Allwin Telecommunication Co Ltd
SHE:002231
|
$30.45 Million |
|
CORESTEM Inc
KQ:166480
|
$30.41 Million |
|
Trajectory Alpha Acquisition Corp
NYSE:TCOA
|
$30.40 Million |
|
Resaas Services Inc
V:RSS
|
$30.40 Million |
|
Itama Ranoraya
JK:IRRA
|
$30.39 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 2025 to 2026, total equity changed from 430,297,000 to 486,122,000, a change of 55,825,000 (13.0%).
- Net income of 67,974,000 contributed positively to equity growth.
- Dividend payments of 12,568,000 reduced retained earnings.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs67.97 Million | +13.98% |
| Dividends Paid | Rs12.57 Million | -2.59% |
| Other Changes | Rs419.00K | +0.09% |
| Total Change | Rs- | 12.97% |
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: 5.74x
- 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 7329.36x to 5.74x 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 | Rs0.02 | Rs134.27 | x |
| 2015-03-31 | Rs0.05 | Rs134.27 | x |
| 2016-03-31 | Rs0.24 | Rs134.27 | x |
| 2017-03-31 | Rs0.29 | Rs134.27 | x |
| 2018-03-31 | Rs3.55 | Rs134.27 | x |
| 2019-03-31 | Rs10.39 | Rs134.27 | x |
| 2020-03-31 | Rs5.63 | Rs134.27 | x |
| 2021-03-31 | Rs12.12 | Rs134.27 | x |
| 2022-03-31 | Rs15.82 | Rs134.27 | x |
| 2023-03-31 | Rs20.39 | Rs134.27 | x |
| 2024-03-31 | Rs34.22 | Rs134.27 | x |
| 2025-03-31 | Rs41.14 | Rs134.27 | x |
| 2026-03-31 | Rs23.39 | Rs134.27 | 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): 13.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.39%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.88x
- Recent ROE (13.98%) is below the historical average (24.28%), 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 | Rs65.60K |
| 2015 | 66.55% | 1.54% | 2.23x | 19.36x | Rs311.00K |
| 2016 | 16.19% | 1.17% | 1.50x | 9.26x | Rs147.60K |
| 2017 | 17.03% | 1.03% | 1.88x | 8.81x | Rs204.00K |
| 2018 | 30.05% | 9.09% | 1.70x | 1.94x | Rs7.14 Million |
| 2019 | 11.30% | 6.04% | 1.00x | 1.87x | Rs1.22 Million |
| 2020 | 12.44% | 6.28% | 1.12x | 1.77x | Rs2.64 Million |
| 2021 | 15.83% | 7.73% | 1.15x | 1.79x | Rs7.10 Million |
| 2022 | 23.34% | 9.83% | 1.27x | 1.87x | Rs21.20 Million |
| 2023 | 26.39% | 9.68% | 1.44x | 1.89x | Rs33.56 Million |
| 2024 | 17.66% | 10.02% | 0.85x | 2.08x | Rs27.47 Million |
| 2025 | 19.16% | 10.58% | 0.94x | 1.92x | Rs39.40 Million |
| 2026 | 13.98% | 7.39% | 1.01x | 1.88x | Rs19.36 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: $35,320,126,781
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aaron Industries Limited (AARON) | Rs486.12 Million | 45.65% | 0.88x | $30.42 Million |
| Ador Welding Limited (ADORWELD) | $1.64 Billion | 15.70% | 0.29x | $184.52 Million |
| The Anup Engineering Limited (ANUP) | $670.69 Million | 27.06% | 0.28x | $294.73 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $380.61 Million | 6.35% | 0.53x | $6.76 Million |
| Azad Engineering Limited (AZAD) | $908.92 Million | 12.65% | 1.82x | $1.79 Billion |
| Bharat Heavy Electricals Limited (BHEL) | $286.52 Billion | -5.12% | 1.12x | $15.06 Billion |
| Cummins India Limited (CUMMINSIND) | $20.43 Billion | 28.94% | 0.52x | $13.94 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $6.22 Billion | -43.87% | 4.42x | $2.38 Billion |
| Diffusion Engineers Ltd (DIFFNKG) | $878.85 Million | 10.80% | 0.52x | $161.29 Million |
| Ducon Infratechnologies Limited (DUCON) | $238.32 Million | 0.60% | 0.42x | $4.64 Million |
About Aaron Industries Limited
Aaron Industries Limited engages in the manufacture and sale of elevators and elevator parts in India. It operates through the Elevator and Steel Polishing segments. The Elevator segment offers the manufacturing and sale of elevator cabins, automatic door systems, traction machines, and other elevator components. The Steel Polishing segment undertakes polishing, finishing, and processing of stain… Read more