Aaron Industries Limited (AARON) - Net Assets

Latest as of September 2025: Rs442.33 Million INR ≈ $4.78 Million USD

Based on the latest financial reports, Aaron Industries Limited (AARON) has net assets worth Rs442.33 Million INR (≈ $4.78 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs873.83 Million ≈ $9.45 Million USD) and total liabilities (Rs431.50 Million ≈ $4.67 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. Check Aaron Industries Limited (AARON) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs442.33 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. Also explore AARON total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Aaron Industries Limited worth.

Year	Net Assets	Change
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	--

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	Rs228.97 Million	53.21%
Common Stock	Rs104.73 Million	24.34%
Other Components	Rs96.59 Million	22.45%
Total Equity	Rs430.30 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
Xreality Group Ltd AU:XRG	$31.35 Million
Intellinetics Inc NYSE MKT:INLX	$31.35 Million
Daeho Al Co. Ltd. KO:069460	$31.35 Million
Seafire AB ST:SEAF	$31.35 Million
Maquia Capital Acquisition Corp NASDAQ:MAQC	$31.33 Million
Focus Graphite Inc V:FMS	$31.32 Million
Terranet AB ST:TERRNT-B	$31.31 Million
Perimeter Medical Imaging AI Inc V:PINK	$31.30 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	Rs82.43 Million	+19.16%
Dividends Paid	Rs10.47 Million	-2.43%
Other Comprehensive Income	Rs-1.00K	-0.0%
Other Changes	Rs-88.00K	-0.02%
Total Change	Rs-	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: 3.36x
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 7553.71x to 3.36x 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	Rs138.38	x
2015-03-31	Rs0.05	Rs138.38	x
2016-03-31	Rs0.24	Rs138.38	x
2017-03-31	Rs0.29	Rs138.38	x
2018-03-31	Rs3.55	Rs138.38	x
2019-03-31	Rs10.39	Rs138.38	x
2020-03-31	Rs5.63	Rs138.38	x
2021-03-31	Rs12.12	Rs138.38	x
2022-03-31	Rs15.82	Rs138.38	x
2023-03-31	Rs20.39	Rs138.38	x
2024-03-31	Rs34.22	Rs138.38	x
2025-03-31	Rs41.14	Rs138.38	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	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

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: $41,863,762,048
Average return on equity (ROE) among peers: 11.93%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Aaron Industries Limited (AARON)	Rs442.33 Million	45.65%	0.98x	$31.35 Million
Ador Welding Limited (ADORWELD)	$1.47 Billion	17.36%	0.26x	$184.52 Million
The Anup Engineering Limited (ANUP)	$3.37 Billion	15.88%	0.28x	$446.74 Million
ATAM VALVES ORD (BSE) (ATAM)	$37.09 Million	13.75%	4.00x	$8.50 Million
Azad Engineering Limited (AZAD)	$1.20 Billion	24.55%	2.37x	$1.51 Billion
Bharat Heavy Electricals Limited (BHEL)	$323.31 Billion	1.36%	0.97x	$13.27 Billion
Cummins India Limited (CUMMINSIND)	$51.45 Billion	18.15%	0.38x	$15.79 Billion
Diamond Power Infrastructure Limited (DIACABS)	$-6.22 Billion	0.00%	0.00x	$899.30 Million
Diffusion Engineers Ltd (DIFFNKG)	$1.91 Billion	16.05%	0.44x	$120.60 Million
Ducon Infratechnologies Limited (DUCON)	$236.88 Million	0.26%	0.31x	$11.42 Million

About Aaron Industries Limited

NSE:AARON India Specialty Industrial Machinery

Market Cap

$31.35 Million

Rs2.90 Billion INR

Market Cap Rank

#23581 Global

#1304 in India

Share Price

Rs138.38

Change (1 day)

-0.28%

52-Week Range

Rs109.27 - Rs466.80

All Time High

Rs466.80