Aarti Surfactants Limited (AARTISURF) - Net Assets
Based on the latest financial reports, Aarti Surfactants Limited (AARTISURF) has net assets worth Rs2.37 Billion INR (≈ $25.60 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 (Rs4.90 Billion ≈ $53.01 Million USD) and total liabilities (Rs2.53 Billion ≈ $27.41 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 asset allocation strategy of Aarti Surfactants Limited to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.37 Billion |
| % of Total Assets | 48.29% |
| Annual Growth Rate | 9.36% |
| 5-Year Change | 75.37% |
| 10-Year Change | N/A |
| Growth Volatility | 16.03 |
Aarti Surfactants Limited - Net Assets Trend (2019–2025)
This chart illustrates how Aarti Surfactants Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see AARTISURF stock market capitalisation.
Annual Net Assets for Aarti Surfactants Limited (2019–2025)
The table below shows the annual net assets of Aarti Surfactants Limited from 2019 to 2025. Also explore AARTISURF shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.33 Billion ≈ $25.16 Million |
+6.65% |
| 2024-03-31 | Rs2.18 Billion ≈ $23.59 Million |
+29.81% |
| 2023-03-31 | Rs1.68 Billion ≈ $18.17 Million |
+23.62% |
| 2022-03-31 | Rs1.36 Billion ≈ $14.70 Million |
+2.46% |
| 2021-03-31 | Rs1.33 Billion ≈ $14.35 Million |
+19.56% |
| 2020-03-31 | Rs1.11 Billion ≈ $12.00 Million |
-18.40% |
| 2019-03-31 | Rs1.36 Billion ≈ $14.70 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Aarti Surfactants 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 70.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.76 Billion | 75.71% |
| Common Stock | Rs84.66 Million | 3.64% |
| Other Comprehensive Income | Rs2.24 Billion | 96.36% |
| Total Equity | Rs2.33 Billion | 100.00% |
Aarti Surfactants Limited Competitors by Market Cap
The table below lists competitors of Aarti Surfactants Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Senzime AB
ST:SEZI
|
$49.06 Million |
|
Latitude Tree Holdings Bhd
KLSE:7006
|
$49.08 Million |
|
Shareholder Value Beteiligungen AG
XETRA:SVE
|
$49.08 Million |
|
Deswell Industries Inc
NASDAQ:DSWL
|
$49.09 Million |
|
Innventure, Inc.
NASDAQ:INV
|
$49.06 Million |
|
Southern Rubber Industry JSC
VN:CSM
|
$49.02 Million |
|
Zegona Communications Plc
LSE:ZEG
|
$49.00 Million |
|
Rapala VMC Oyj
HE:RAP1V
|
$49.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aarti Surfactants Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,181,097,000 to 2,326,248,000, a change of 145,151,000 (6.7%).
- Net income of 145,447,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 2,241,590,000.
- Other factors decreased equity by 2,241,886,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs145.45 Million | +6.25% |
| Other Comprehensive Income | Rs2.24 Billion | +96.36% |
| Other Changes | Rs-2.24 Billion | -96.37% |
| Total Change | Rs- | 6.65% |
Book Value vs Market Value Analysis
This analysis compares Aarti Surfactants 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: 1.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.03x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs176.80 | Rs535.95 | x |
| 2020-03-31 | Rs144.09 | Rs535.95 | x |
| 2021-03-31 | Rs172.28 | Rs535.95 | x |
| 2022-03-31 | Rs176.52 | Rs535.95 | x |
| 2023-03-31 | Rs217.82 | Rs535.95 | x |
| 2024-03-31 | Rs257.30 | Rs535.95 | x |
| 2025-03-31 | Rs274.94 | Rs535.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aarti Surfactants 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): 6.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.21%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 2.05x
- Recent ROE (6.25%) is above the historical average (5.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -4.77% | -2.10% | 1.10x | 2.06x | Rs-200.76 Million |
| 2020 | 1.88% | 0.65% | 1.22x | 2.36x | Rs-90.09 Million |
| 2021 | 16.31% | 4.67% | 1.21x | 2.89x | Rs83.69 Million |
| 2022 | 4.04% | 0.96% | 1.42x | 2.96x | Rs-80.97 Million |
| 2023 | 7.56% | 2.13% | 1.48x | 2.39x | Rs-40.98 Million |
| 2024 | 9.78% | 3.62% | 1.40x | 1.94x | Rs-4.84 Million |
| 2025 | 6.25% | 2.21% | 1.38x | 2.05x | Rs-87.18 Million |
Industry Comparison
This section compares Aarti Surfactants Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $9,326,508,222
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aarti Surfactants Limited (AARTISURF) | Rs2.37 Billion | -4.77% | 1.07x | $49.06 Million |
| Aarti Industries Limited (AARTIIND) | $11.89 Billion | 21.60% | 1.49x | $1.93 Billion |
| ABM International Limited (ABMINTLLTD) | $176.83 Million | -10.10% | 0.47x | $5.19 Million |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $11.40 Billion | 10.49% | 0.11x | $348.52 Million |
| Aether Industries Limited (AETHER) | $24.56 Billion | 8.94% | 0.30x | $2.34 Billion |
| Akzo Nobel India Limited (AKZOINDIA) | $7.29 Billion | 29.38% | 1.77x | $1.60 Billion |
| Alkali Metals Limited (ALKALI) | $445.25 Million | -13.03% | 1.09x | $9.65 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $9.90 Billion | 22.72% | 0.39x | $1.03 Billion |
| Ami Organics Limited (AMIORG) | $13.20 Billion | 12.02% | 0.17x | $1.18 Billion |
| Anupam Rasayan India Limited (ANURAS) | $5.07 Billion | 9.71% | 1.61x | $1.49 Billion |
About Aarti Surfactants Limited
Aarti Surfactants Limited, together with its subsidiary, produces and supplies ionic and non-ionic surfactants, and specialty products for the home and personal care, agro and oil, and industrial applications in India and internationally. The company's products portfolio includes surfactants, mild surfactants, rheology modifiers, pearlizing agents, UV filters, syndet and soap bases, and active in… Read more