Aro Granite Industries Limited (AROGRANITE) - Net Assets
Based on the latest financial reports, Aro Granite Industries Limited (AROGRANITE) has net assets worth Rs1.74 Billion INR (≈ $18.81 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.94 Billion ≈ $42.64 Million USD) and total liabilities (Rs2.20 Billion ≈ $23.83 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 Aro Granite Industries Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.74 Billion |
| % of Total Assets | 44.12% |
| Annual Growth Rate | 5.87% |
| 5-Year Change | -11.45% |
| 10-Year Change | 2.64% |
| Growth Volatility | 7.38 |
Aro Granite Industries Limited - Net Assets Trend (2006–2026)
This chart illustrates how Aro Granite Industries Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Aro Granite Industries Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Aro Granite Industries Limited (2006–2026)
The table below shows the annual net assets of Aro Granite Industries Limited from 2006 to 2026. For live valuation and market cap data, see Aro Granite Industries Limited (AROGRANITE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.74 Billion ≈ $18.81 Million |
-6.41% |
| 2025-03-31 | Rs1.86 Billion ≈ $20.10 Million |
-3.21% |
| 2024-03-31 | Rs1.92 Billion ≈ $20.77 Million |
+0.74% |
| 2023-03-31 | Rs1.91 Billion ≈ $20.61 Million |
-2.96% |
| 2022-03-31 | Rs1.96 Billion ≈ $21.24 Million |
+4.68% |
| 2021-03-31 | Rs1.88 Billion ≈ $20.29 Million |
+3.39% |
| 2020-03-31 | Rs1.81 Billion ≈ $19.63 Million |
+0.70% |
| 2019-03-31 | Rs1.80 Billion ≈ $19.49 Million |
+5.64% |
| 2018-03-31 | Rs1.71 Billion ≈ $18.45 Million |
+0.66% |
| 2017-03-31 | Rs1.69 Billion ≈ $18.33 Million |
+6.82% |
| 2016-03-31 | Rs1.59 Billion ≈ $17.16 Million |
+2.57% |
| 2015-03-31 | Rs1.55 Billion ≈ $16.73 Million |
+9.00% |
| 2014-03-31 | Rs1.42 Billion ≈ $15.35 Million |
+15.74% |
| 2013-03-31 | Rs1.23 Billion ≈ $13.26 Million |
+8.99% |
| 2012-03-31 | Rs1.13 Billion ≈ $12.17 Million |
+7.24% |
| 2011-03-31 | Rs1.05 Billion ≈ $11.35 Million |
+7.74% |
| 2010-03-31 | Rs973.77 Million ≈ $10.53 Million |
+6.95% |
| 2009-03-31 | Rs910.50 Million ≈ $9.85 Million |
+19.90% |
| 2008-03-31 | Rs759.36 Million ≈ $8.21 Million |
+9.79% |
| 2007-03-31 | Rs691.66 Million ≈ $7.48 Million |
+24.39% |
| 2006-03-31 | Rs556.03 Million ≈ $6.01 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Aro Granite 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs153.00 Million | 8.80% |
| Other Components | Rs1.59 Billion | 91.20% |
| Total Equity | Rs1.74 Billion | 100.00% |
Aro Granite Industries Limited Competitors by Market Cap
The table below lists competitors of Aro Granite Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henderson International Income Trust PLC
LSE:HINT
|
$4.18 Million |
|
X2M Connect Ltd
AU:X2M
|
$4.19 Million |
|
Capitan Investment Ltd
V:CAI
|
$4.19 Million |
|
Biophytis S.A.
NASDAQ:BPTSY
|
$4.19 Million |
|
Whitemud Resources Inc
V:WMK
|
$4.18 Million |
|
Bio Green Med Solution, Inc.
NASDAQ:BGMS
|
$4.18 Million |
|
Inhalerx Ltd
AU:IRX
|
$4.18 Million |
|
ASIA Capital Group Public Company Limited
BK:ACAP
|
$4.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aro Granite Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,858,594,000 to 1,739,410,000, a change of -119,184,000 (-6.4%).
- Net loss of 118,175,000 reduced equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-118.17 Million | -6.79% |
| Other Changes | Rs-1.01 Million | -0.06% |
| Total Change | Rs- | -6.41% |
Book Value vs Market Value Analysis
This analysis compares Aro Granite 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: 0.22x
- 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 0.72x to 0.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs35.20 | Rs25.29 | x |
| 2007-03-31 | Rs43.79 | Rs25.29 | x |
| 2008-03-31 | Rs46.84 | Rs25.29 | x |
| 2009-03-31 | Rs54.77 | Rs25.29 | x |
| 2010-03-31 | Rs62.66 | Rs25.29 | x |
| 2011-03-31 | Rs68.57 | Rs25.29 | x |
| 2012-03-31 | Rs73.53 | Rs25.29 | x |
| 2013-03-31 | Rs80.16 | Rs25.29 | x |
| 2014-03-31 | Rs115.13 | Rs25.29 | x |
| 2015-03-31 | Rs101.13 | Rs25.29 | x |
| 2016-03-31 | Rs103.67 | Rs25.29 | x |
| 2017-03-31 | Rs110.77 | Rs25.29 | x |
| 2018-03-31 | Rs111.50 | Rs25.29 | x |
| 2019-03-31 | Rs116.62 | Rs25.29 | x |
| 2020-03-31 | Rs118.62 | Rs25.29 | x |
| 2021-03-31 | Rs122.64 | Rs25.29 | x |
| 2022-03-31 | Rs128.38 | Rs25.29 | x |
| 2023-03-31 | Rs124.58 | Rs25.29 | x |
| 2024-03-31 | Rs125.51 | Rs25.29 | x |
| 2025-03-31 | Rs121.48 | Rs25.29 | x |
| 2026-03-31 | Rs114.66 | Rs25.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aro Granite 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): -6.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.07%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.27x
- Recent ROE (-6.79%) is below the historical average (6.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 14.27% | 10.20% | 0.84x | 1.66x | Rs23.77 Million |
| 2007 | 21.99% | 14.62% | 0.72x | 2.08x | Rs82.90 Million |
| 2008 | 10.54% | 7.83% | 0.65x | 2.06x | Rs4.08 Million |
| 2009 | 13.16% | 10.23% | 0.69x | 1.86x | Rs28.78 Million |
| 2010 | 10.93% | 8.06% | 0.78x | 1.75x | Rs9.02 Million |
| 2011 | 9.05% | 6.32% | 0.81x | 1.76x | Rs-9.97 Million |
| 2012 | 7.80% | 5.51% | 0.72x | 1.96x | Rs-24.72 Million |
| 2013 | 9.18% | 6.01% | 0.75x | 2.03x | Rs-10.03 Million |
| 2014 | 14.86% | 8.39% | 0.86x | 2.06x | Rs69.00 Million |
| 2015 | 10.79% | 6.55% | 0.82x | 2.00x | Rs12.19 Million |
| 2016 | 3.69% | 2.72% | 0.70x | 1.95x | Rs-100.04 Million |
| 2017 | 7.45% | 5.29% | 0.77x | 1.82x | Rs-43.24 Million |
| 2018 | 0.69% | 0.58% | 0.66x | 1.78x | Rs-158.86 Million |
| 2019 | 5.39% | 5.64% | 0.50x | 1.91x | Rs-83.02 Million |
| 2020 | 1.99% | 2.03% | 0.45x | 2.17x | Rs-145.42 Million |
| 2021 | 3.22% | 3.37% | 0.44x | 2.16x | Rs-127.16 Million |
| 2022 | 4.53% | 3.96% | 0.50x | 2.30x | Rs-107.36 Million |
| 2023 | -3.04% | -3.53% | 0.36x | 2.36x | Rs-248.50 Million |
| 2024 | 0.68% | 0.85% | 0.35x | 2.32x | Rs-178.88 Million |
| 2025 | -3.46% | -5.22% | 0.29x | 2.26x | Rs-250.09 Million |
| 2026 | -6.79% | -16.07% | 0.19x | 2.27x | Rs-292.12 Million |
Industry Comparison
This section compares Aro Granite Industries Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,246,739,275
- Average return on equity (ROE) among peers: 16.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aro Granite Industries Limited (AROGRANITE) | Rs1.74 Billion | 14.27% | 1.27x | $4.18 Million |
| Ahlada Engineers Limited (AHLADA) | $1.19 Billion | 8.56% | 0.95x | $5.58 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $3.51 Billion | 12.65% | 0.41x | $232.89 Million |
| Beardsell Limited (BEARDSELL) | $587.67 Million | 14.45% | 1.51x | $12.46 Million |
| Bigbloc Construction Limited (BIGBLOC) | $229.81 Million | 12.73% | 1.90x | $75.01 Million |
| Blue Star Limited (BLUESTARCO) | $2.64 Billion | 66.06% | 3.47x | $3.79 Billion |
| Cera Sanitaryware Limited (CERA) | $1.80 Billion | 25.74% | 1.12x | $858.90 Million |
| Electrosteel Castings Limited (ELECTCAST) | $11.97 Billion | 4.63% | 1.01x | $541.12 Million |
| Everest Industries Limited (EVERESTIND) | $4.53 Billion | 2.99% | 0.88x | $65.65 Million |
| Exxaro Tiles Limited (EXXARO) | $2.77 Billion | -0.04% | 0.77x | $32.76 Million |
About Aro Granite Industries Limited
Aro Granite Industries Limited engages in the manufacturing and trading of polished/flamed granite tiles and slabs in India. It offers natural stone granites slabs and granites tiles; and engineered quartz stone slabs. The company also exports its products to approximately 50 countries, including the United States, Canada, Europe, Japan, the Far East, and South Pacific countries. Aro Granite Indu… Read more