Ankit Metal & Power Limited (ANKITMETAL) - Net Assets

Latest as of September 2023: Rs-10.32 Billion INR ≈ $-111.63 Million USD

Based on the latest financial reports, Ankit Metal & Power Limited (ANKITMETAL) has net assets worth Rs-10.32 Billion INR (≈ $-111.63 Million USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs11.78 Billion ≈ $127.37 Million USD) and total liabilities (Rs22.10 Billion ≈ $239.00 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 Ankit Metal & Power Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs-10.32 Billion
% of Total Assets	-87.64%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-275.61%
Growth Volatility	63.27

Ankit Metal & Power Limited - Net Assets Trend (2007–2023)

This chart illustrates how Ankit Metal & Power Limited's net assets have evolved over time, based on quarterly financial data. See ANKITMETAL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ankit Metal & Power Limited (2007–2023)

The table below shows the annual net assets of Ankit Metal & Power Limited from 2007 to 2023. For live valuation and market cap data, see market value of Ankit Metal & Power Limited.

Year	Net Assets	Change
2023-03-31	Rs-8.83 Billion ≈ $-95.45 Million	-12.41%
2022-03-31	Rs-7.85 Billion ≈ $-84.91 Million	-6.95%
2021-03-31	Rs-7.34 Billion ≈ $-79.40 Million	-11.46%
2020-03-31	Rs-6.59 Billion ≈ $-71.24 Million	-13.00%
2019-03-31	Rs-5.83 Billion ≈ $-63.04 Million	-18.82%
2018-03-31	Rs-4.91 Billion ≈ $-53.06 Million	-58.61%
2017-03-31	Rs-3.09 Billion ≈ $-33.45 Million	-2966.76%
2016-03-31	Rs-100.86 Million ≈ $-1.09 Million	-103.26%
2015-03-31	Rs3.09 Billion ≈ $33.42 Million	-38.52%
2014-03-31	Rs5.03 Billion ≈ $54.36 Million	+0.69%
2013-03-31	Rs4.99 Billion ≈ $53.98 Million	+11.43%
2012-03-31	Rs4.48 Billion ≈ $48.45 Million	+62.51%
2011-03-31	Rs2.76 Billion ≈ $29.81 Million	+95.99%
2010-03-31	Rs1.41 Billion ≈ $15.21 Million	+17.43%
2009-03-31	Rs1.20 Billion ≈ $12.95 Million	+5.68%
2008-03-31	Rs1.13 Billion ≈ $12.26 Million	+115.83%
2007-03-31	Rs525.12 Million ≈ $5.68 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ankit Metal & Power 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 decreased by 1330175900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2023)

Component	Amount	Percentage
Common Stock	Rs1.41 Billion	%
Other Comprehensive Income	Rs12.22 Million	%
Other Components	Rs3.05 Billion	%
Total Equity	Rs-8.83 Billion	100.00%

Ankit Metal & Power Limited Competitors by Market Cap

The table below lists competitors of Ankit Metal & Power Limited ranked by their market capitalization.

Company	Market Cap
Octava Minerals Ltd AU:OCT	$2.37 Million
Vast Renewables Limited Ordinary Shares NASDAQ:VSTE	$2.37 Million
Quhuo Ltd NASDAQ:QH	$2.37 Million
Redcentric LSE:RCN	$2.37 Million
Kestrel Gold Inc V:KGC	$2.36 Million
R&R Real Estate Investment Trust V:RRR-UN	$2.36 Million
Discovery Alaska Ltd AU:DAF	$2.36 Million
Silver Castle Holdings Ltd TA:SLCL	$2.36 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ankit Metal & Power Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from -7,851,807,000 to -8,826,431,000, a change of -974,624,000.
Net loss of 987,473,000 reduced equity.
Other comprehensive income increased equity by 12,849,000.
Other factors decreased equity by 0.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	Rs-987.47 Million	-11.19%
Other Comprehensive Income	Rs12.85 Million	+0.15%
Total Change	Rs-	%

Book Value vs Market Value Analysis

This analysis compares Ankit Metal & Power 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-03-31	Rs15.97	Rs1.55	x
2008-03-31	Rs34.47	Rs1.55	x
2009-03-31	Rs36.43	Rs1.55	x
2010-03-31	Rs42.78	Rs1.55	x
2011-03-31	Rs83.85	Rs1.55	x
2012-03-31	Rs46.97	Rs1.55	x
2013-03-31	Rs52.34	Rs1.55	x
2014-03-31	Rs41.17	Rs1.55	x
2015-03-31	Rs25.31	Rs1.55	x
2016-03-31	Rs-0.77	Rs1.55	x
2017-03-31	Rs-21.92	Rs1.55	x
2018-03-31	Rs-34.77	Rs1.55	x
2019-03-31	Rs-41.31	Rs1.55	x
2020-03-31	Rs-46.68	Rs1.55	x
2021-03-31	Rs-52.03	Rs1.55	x
2022-03-31	Rs-55.64	Rs1.55	x
2023-03-31	Rs-62.55	Rs1.55	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ankit Metal & Power 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -13.04%
• Asset Turnover: 0.63x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is below the historical average (0.54%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	20.07%	5.43%	0.88x	4.19x	Rs52.91 Million
2008	20.13%	8.07%	0.92x	2.71x	Rs114.85 Million
2009	5.37%	1.31%	1.26x	3.25x	Rs-55.40 Million
2010	14.84%	3.32%	1.46x	3.07x	Rs68.08 Million
2011	8.80%	3.59%	0.87x	2.83x	Rs-33.15 Million
2012	7.42%	3.59%	0.71x	2.89x	Rs-115.56 Million
2013	10.25%	4.29%	0.72x	3.32x	Rs12.72 Million
2014	-15.22%	-5.19%	0.84x	3.51x	Rs-1.27 Billion
2015	-62.57%	-16.85%	0.59x	6.34x	Rs-2.24 Billion
2016	0.00%	-37.15%	0.51x	0.00x	Rs-3.56 Billion
2017	0.00%	-1267.94%	0.01x	0.00x	Rs-2.68 Billion
2018	0.00%	-99.20%	0.12x	0.00x	Rs-1.32 Billion
2019	0.00%	-23.48%	0.27x	0.00x	Rs-339.73 Million
2020	0.00%	-14.04%	0.42x	0.00x	Rs-91.72 Million
2021	0.00%	-21.96%	0.28x	0.00x	Rs-22.87 Million
2022	0.00%	-7.63%	0.55x	0.00x	Rs268.95 Million
2023	0.00%	-13.04%	0.63x	0.00x	Rs-104.83 Million

Industry Comparison

This section compares Ankit Metal & Power Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $5,380,260,111
Average return on equity (ROE) among peers: 3.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ankit Metal & Power Limited (ANKITMETAL)	Rs-10.32 Billion	20.07%	N/A	$2.37 Million
APL Apollo Tubes Limited (APLAPOLLO)	$4.72 Billion	13.50%	1.73x	$5.59 Billion
Bansal Wire Industries Ltd (BANSALWIRE)	$12.69 Billion	11.40%	0.71x	$514.95 Million
Bedmutha Industries Limited (BEDMUTHA)	$987.90 Million	-40.30%	5.23x	$39.02 Million
Bharat Wire Ropes Limited (BHARATWIRE)	$6.61 Billion	14.56%	0.24x	$158.98 Million
Electrotherm (India) Limited (ELECTHERM)	$587.16 Million	32.01%	5.36x	$149.04 Million
Grand Foundry Limited (GFSTEELS)	$-56.35 Million	0.00%	0.00x	$4.48 Million
Goodluck India Limited (GOODLUCK)	$13.47 Billion	12.24%	0.88x	$487.00 Million
Godawari Power And Ispat limited (GPIL)	$9.28 Billion	-9.55%	2.75x	$1.90 Billion
Hariom Pipe Industries Limited (HARIOMPIPE)	$133.55 Million	0.35%	1.68x	$138.11 Million

About Ankit Metal & Power Limited

NSE:ANKITMETAL India Steel

Market Cap

$2.37 Million

Rs218.72 Million INR

Market Cap Rank

#29776 Global

#1660 in India

Share Price

Rs1.55

Change (1 day)

+1.31%

52-Week Range

Rs1.29 - Rs2.11

All Time High

Rs20.75