Akshar Spintex Limited (AKSHAR) - Net Assets
Based on the latest financial reports, Akshar Spintex Limited (AKSHAR) has net assets worth Rs850.21 Million INR (≈ $9.19 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 (Rs962.36 Million ≈ $10.41 Million USD) and total liabilities (Rs112.15 Million ≈ $1.21 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 Akshar Spintex Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs850.21 Million |
| % of Total Assets | 88.35% |
| Annual Growth Rate | 38.2% |
| 5-Year Change | 143.3% |
| 10-Year Change | 237.24% |
| Growth Volatility | 191.17 |
Akshar Spintex Limited - Net Assets Trend (2014–2025)
This chart illustrates how Akshar Spintex Limited's net assets have evolved over time, based on quarterly financial data. Also explore Akshar Spintex Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Akshar Spintex Limited (2014–2025)
The table below shows the annual net assets of Akshar Spintex Limited from 2014 to 2025. For live valuation and market cap data, see market cap of Akshar Spintex Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs882.12 Million ≈ $9.54 Million |
+101.01% |
| 2024-03-31 | Rs438.83 Million ≈ $4.75 Million |
+7.98% |
| 2023-03-31 | Rs406.42 Million ≈ $4.40 Million |
-6.00% |
| 2022-03-31 | Rs432.34 Million ≈ $4.68 Million |
+19.24% |
| 2021-03-31 | Rs362.57 Million ≈ $3.92 Million |
+3.55% |
| 2020-03-31 | Rs350.14 Million ≈ $3.79 Million |
-14.07% |
| 2019-03-31 | Rs407.46 Million ≈ $4.41 Million |
+18.08% |
| 2018-03-31 | Rs345.07 Million ≈ $3.73 Million |
+9.40% |
| 2017-03-31 | Rs315.43 Million ≈ $3.41 Million |
+20.59% |
| 2016-03-31 | Rs261.57 Million ≈ $2.83 Million |
+34.16% |
| 2015-03-31 | Rs194.97 Million ≈ $2.11 Million |
+676.79% |
| 2014-03-31 | Rs25.10 Million ≈ $271.45K |
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Equity Component Analysis
This analysis shows how different components contribute to Akshar Spintex 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 6015600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs60.16 Million | 6.82% |
| Common Stock | Rs787.47 Million | 89.27% |
| Other Comprehensive Income | Rs4.52 Million | 0.51% |
| Other Components | Rs29.97 Million | 3.40% |
| Total Equity | Rs882.12 Million | 100.00% |
Akshar Spintex Limited Competitors by Market Cap
The table below lists competitors of Akshar Spintex Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reliance Global Group Inc
NASDAQ:RELI
|
$4.09 Million |
|
Porvair plc
LSE:PRV
|
$4.09 Million |
|
Panamax AG
F:ICP
|
$4.10 Million |
|
Borneo Olah Sarana Sukses PT
JK:BOSS
|
$4.10 Million |
|
Eguana Technologies Inc
V:EGT
|
$4.09 Million |
|
Nordic Asia Investment Group 1987 AB Series B
ST:NAIG-B
|
$4.09 Million |
|
Railway Metrics & Dynamics Sweden AB
ST:RMDX
|
$4.08 Million |
|
Volcanic Gold Mines Inc
V:VG
|
$4.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akshar Spintex Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 438,834,000 to 882,115,000, a change of 443,281,000 (101.0%).
- Net loss of 44,481,000 reduced equity.
- New share issuances of 487,480,000 increased equity.
- Other comprehensive income increased equity by 283,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-44.48 Million | -5.04% |
| Share Issuances | Rs487.48 Million | +55.26% |
| Other Comprehensive Income | Rs283.00K | +0.03% |
| Other Changes | Rs-1.00K | -0.0% |
| Total Change | Rs- | 101.01% |
Book Value vs Market Value Analysis
This analysis compares Akshar Spintex 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: 0.30x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.48x to 0.30x 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 | Rs1.00 | Rs0.48 | x |
| 2015-03-31 | Rs7.80 | Rs0.48 | x |
| 2016-03-31 | Rs10.46 | Rs0.48 | x |
| 2017-03-31 | Rs12.62 | Rs0.48 | x |
| 2018-03-31 | Rs1.18 | Rs0.48 | x |
| 2019-03-31 | Rs1.36 | Rs0.48 | x |
| 2020-03-31 | Rs1.17 | Rs0.48 | x |
| 2021-03-31 | Rs1.21 | Rs0.48 | x |
| 2022-03-31 | Rs1.44 | Rs0.48 | x |
| 2023-03-31 | Rs1.35 | Rs0.48 | x |
| 2024-03-31 | Rs1.46 | Rs0.48 | x |
| 2025-03-31 | Rs1.59 | Rs0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akshar Spintex 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): -5.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.81%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 1.11x
- Recent ROE (-5.04%) is below the historical average (4.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -2.63% | -3.37% | 0.22x | 3.61x | Rs-24.62 Million |
| 2016 | 10.21% | 4.57% | 0.78x | 2.86x | Rs537.10K |
| 2017 | 8.17% | 2.97% | 1.06x | 2.61x | Rs-5.76 Million |
| 2018 | 24.78% | 9.19% | 1.18x | 2.28x | Rs50.99 Million |
| 2019 | 5.50% | 2.23% | 1.19x | 2.07x | Rs-18.32 Million |
| 2020 | -16.37% | -5.25% | 1.47x | 2.12x | Rs-92.33 Million |
| 2021 | 3.43% | 1.13% | 1.49x | 2.02x | Rs-23.83 Million |
| 2022 | 16.25% | 4.07% | 1.80x | 2.22x | Rs27.00 Million |
| 2023 | -6.80% | -2.04% | 1.77x | 1.88x | Rs-68.28 Million |
| 2024 | 7.87% | 1.97% | 2.37x | 1.68x | Rs-9.33 Million |
| 2025 | -5.04% | -3.81% | 1.19x | 1.11x | Rs-132.69 Million |
Industry Comparison
This section compares Akshar Spintex Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-15,043,391,000
- Average return on equity (ROE) among peers: 8.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akshar Spintex Limited (AKSHAR) | Rs850.21 Million | -2.63% | 0.13x | $4.09 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $38.07 Million |
| Alok Industries Limited (ALOKINDS) | $-166.76 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $3.00 Billion | 3.96% | 2.62x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $645.64 Million | 31.50% | 0.52x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $4.10 Billion | 12.39% | 1.26x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $1.75 Billion | 8.49% | 4.79x | $43.60 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $1.51 Billion | 10.39% | 0.71x | $21.26 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $11.28 Billion | 1.90% | 1.40x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $6.51 Billion | 8.87% | 0.10x | $74.09 Million |
About Akshar Spintex Limited
Akshar Spintex Limited engages in the spinning, manufacture, and sale of cotton yarns in India. The company offers natural cotton, organic and BCI certified cotton, viscose, modal, and excel fibres. It also produces carded, semi combed, and combed cotton yarns; and slub, core spun, TFO, eli twist, fancy, melange, blended, BCI certified, and organic yarns. Akshar Spintex Limited was incorporated i… Read more