Aeroflex Industries Limited (AEROFLEX) - Net Assets
Based on the latest financial reports, Aeroflex Industries Limited (AEROFLEX) has net assets worth Rs3.60 Billion INR (≈ $38.93 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 (Rs4.69 Billion ≈ $50.75 Million USD) and total liabilities (Rs1.09 Billion ≈ $11.83 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 AEROFLEX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.60 Billion |
| % of Total Assets | 76.7% |
| Annual Growth Rate | 38.87% |
| 5-Year Change | 483.16% |
| 10-Year Change | N/A |
| Growth Volatility | 96.03 |
Aeroflex Industries Limited - Net Assets Trend (2019–2025)
This chart illustrates how Aeroflex Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore AEROFLEX current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Aeroflex Industries Limited (2019–2025)
The table below shows the annual net assets of Aeroflex Industries Limited from 2019 to 2025. For live valuation and market cap data, see Aeroflex Industries Limited (AEROFLEX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.42 Billion ≈ $37.03 Million |
+16.81% |
| 2024-03-31 | Rs2.93 Billion ≈ $31.70 Million |
+156.94% |
| 2023-03-31 | Rs1.14 Billion ≈ $12.34 Million |
+32.32% |
| 2022-03-31 | Rs862.23 Million ≈ $9.32 Million |
+46.85% |
| 2021-03-31 | Rs587.17 Million ≈ $6.35 Million |
-62.65% |
| 2020-03-31 | Rs1.57 Billion ≈ $17.00 Million |
+229.36% |
| 2019-03-31 | Rs477.26 Million ≈ $5.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aeroflex 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 23261.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.56 Billion | 45.49% |
| Common Stock | Rs258.64 Million | 7.55% |
| Other Comprehensive Income | Rs3.17 Billion | 92.45% |
| Total Equity | Rs3.42 Billion | 100.00% |
Aeroflex Industries Limited Competitors by Market Cap
The table below lists competitors of Aeroflex Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Nusun Landscape Co Ltd
SHE:300536
|
$436.04 Million |
|
Beijing Integrity Technology Co. Ltd. A
SHG:688244
|
$436.06 Million |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
$436.10 Million |
|
Actron Technology
TWO:8255
|
$436.17 Million |
|
Galan Lithium Ltd
AU:GLN
|
$435.87 Million |
|
Beijing Century Real Tech
SHE:300150
|
$435.80 Million |
|
Trade-Van Information Services Co
TW:6183
|
$435.72 Million |
|
Apex International Co Ltd
TW:4927
|
$435.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aeroflex Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,931,498,000 to 3,424,162,000, a change of 492,664,000 (16.8%).
- Net income of 525,076,000 contributed positively to equity growth.
- Dividend payments of 32,330,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,165,439,001.
- Other factors decreased equity by 3,165,521,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs525.08 Million | +15.33% |
| Dividends Paid | Rs32.33 Million | -0.94% |
| Other Comprehensive Income | Rs3.17 Billion | +92.44% |
| Other Changes | Rs-3.17 Billion | -92.45% |
| Total Change | Rs- | 16.81% |
Book Value vs Market Value Analysis
This analysis compares Aeroflex 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: 11.51x
- 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 72.98x to 11.51x 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 | Rs4.17 | Rs304.67 | x |
| 2020-03-31 | Rs4.61 | Rs304.67 | x |
| 2021-03-31 | Rs4.54 | Rs304.67 | x |
| 2022-03-31 | Rs6.67 | Rs304.67 | x |
| 2023-03-31 | Rs8.82 | Rs304.67 | x |
| 2024-03-31 | Rs23.80 | Rs304.67 | x |
| 2025-03-31 | Rs26.48 | Rs304.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aeroflex 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): 15.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.96%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.25x
- Recent ROE (15.33%) is below the historical average (17.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 14.85% | 5.05% | 0.92x | 3.21x | Rs23.12 Million |
| 2020 | 8.90% | 3.25% | 0.92x | 2.98x | Rs-5.78 Million |
| 2021 | 10.24% | 4.15% | 0.90x | 2.75x | Rs1.39 Million |
| 2022 | 31.90% | 11.42% | 1.31x | 2.13x | Rs188.84 Million |
| 2023 | 26.43% | 11.48% | 1.23x | 1.88x | Rs187.43 Million |
| 2024 | 14.24% | 13.13% | 0.85x | 1.28x | Rs124.19 Million |
| 2025 | 15.33% | 13.96% | 0.88x | 1.25x | Rs182.66 Million |
Industry Comparison
This section compares Aeroflex Industries Limited's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,292,944,656
- Average return on equity (ROE) among peers: 13.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aeroflex Industries Limited (AEROFLEX) | Rs3.60 Billion | 14.85% | 0.30x | $436.02 Million |
| Alicon Castalloy Limited (ALICON) | $231.86 Million | 32.52% | 4.67x | $123.28 Million |
| BELL AGROMACHINA ORD T (BSE) (BALUFORGE) | $1.98 Billion | 19.69% | 0.88x | $710.75 Million |
| DCM Limited (DCM) | $869.40 Million | -1.79% | 4.76x | $16.57 Million |
| DEE Development Eng Ltd (DEEDEV) | $4.54 Billion | 0.00% | 0.84x | $312.36 Million |
| D P Wires Limited (DPWIRES) | $278.89 Million | 18.01% | 1.92x | $29.98 Million |
| Gandhi Special Tubes Limited (GANDHITUBE) | $1.02 Billion | 24.96% | 0.10x | $109.45 Million |
| Ganga Forging Limited (GANGAFORGE) | $119.98 Million | -17.63% | 1.75x | $4.23 Million |
| Gravita India Limited (GRAVITA) | $6.02 Billion | 33.42% | 1.00x | $1.28 Billion |
| Happy Forgings Limited (HAPPYFORGE) | $5.58 Billion | 14.31% | 0.37x | $1.38 Billion |
About Aeroflex Industries Limited
Aeroflex Industries Limited manufactures and sells stainless steel flexible hose and assemblies in India. It offers corrugated stainless steel, double interlock flexible metal, composite, and Teflon/PTFE hoses; stainless steel hose assemblies; fittings; metal expansion joints; and metal bellows and miniature metal bellows. The company's products are used in fire sprinklers and firefighting, aeros… Read more