Asahi India Glass Limited
Asahi India Glass Limited, together with its subsidiaries, manufactures and sells glass products in India and internationally. It operates through two segments, Automotive Glass and Float Glass. The company offers automotive glass products, including laminated glass for car windscreens; tempered glass for sidelites, backlites, and car windscreens; sunroof; sub-assemblies; value-added glass produc… Read more
Asahi India Glass Limited (ASAHIINDIA) - Net Assets
Latest net assets as of September 2025: ₹37.03 Billion INR
Based on the latest financial reports, Asahi India Glass Limited (ASAHIINDIA) has net assets worth ₹37.03 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹79.02 Billion) and total liabilities (₹42.00 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹37.03 Billion |
| % of Total Assets | 46.85% |
| Annual Growth Rate | 14.3% |
| 5-Year Change | 85.61% |
| 10-Year Change | 663.21% |
| Growth Volatility | 95.59 |
Asahi India Glass Limited - Net Assets Trend (2005–2025)
This chart illustrates how Asahi India Glass Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asahi India Glass Limited (2005–2025)
The table below shows the annual net assets of Asahi India Glass Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹26.42 Billion | +13.37% |
| 2024-03-31 | ₹23.31 Billion | +13.52% |
| 2023-03-31 | ₹20.53 Billion | +17.71% |
| 2022-03-31 | ₹17.44 Billion | +22.53% |
| 2021-03-31 | ₹14.24 Billion | +10.49% |
| 2020-03-31 | ₹12.88 Billion | +6.98% |
| 2019-03-31 | ₹12.04 Billion | +12.96% |
| 2018-03-31 | ₹10.66 Billion | +135.23% |
| 2017-03-31 | ₹4.53 Billion | +30.92% |
| 2016-03-31 | ₹3.46 Billion | +25.56% |
| 2015-03-31 | ₹2.76 Billion | -39.37% |
| 2014-03-31 | ₹4.55 Billion | +416.83% |
| 2013-03-31 | ₹880.00 Million | -41.26% |
| 2012-03-31 | ₹1.50 Billion | -30.55% |
| 2011-03-31 | ₹2.16 Billion | +8.81% |
| 2010-03-31 | ₹1.98 Billion | +0.88% |
| 2009-03-31 | ₹1.97 Billion | -32.66% |
| 2008-03-31 | ₹2.92 Billion | +0.50% |
| 2007-03-31 | ₹2.90 Billion | +12.29% |
| 2006-03-31 | ₹2.59 Billion | +41.74% |
| 2005-03-31 | ₹1.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asahi India Glass 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 1414.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹23.01 Billion | 86.21% |
| Common Stock | ₹243.10 Million | 0.91% |
| Other Comprehensive Income | ₹1.05 Billion | 3.94% |
| Other Components | ₹2.39 Billion | 8.94% |
| Total Equity | ₹26.69 Billion | 100.00% |
Asahi India Glass Limited Competitors by Market Cap
The table below lists competitors of Asahi India Glass Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARENDALS FOSSEKOM. NK 4
F:5VZ
|
$832.22 Million |
|
Konka Group Co Ltd
SHE:000016
|
$832.37 Million |
|
SeSa S.p.A.
PINK:SESPF
|
$832.39 Million |
|
Momentum Group Limited
PINK:MMTHF
|
$833.03 Million |
|
Taiwan Secom Co Ltd
TW:9917
|
$832.12 Million |
|
Eyepoint Pharmaceuticals Inc
NASDAQ:EYPT
|
$832.09 Million |
|
Shenzhen Fine Made Electronics Group Co Ltd
SHE:300671
|
$831.94 Million |
|
Hexing Electrical Co Ltd
SHG:603556
|
$831.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asahi India Glass Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,534,500,000 to 26,690,000,000, a change of 3,155,500,000 (13.4%).
- Net income of 3,712,700,000 contributed positively to equity growth.
- Dividend payments of 486,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 861,700,000.
- Other factors decreased equity by 932,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹3.71 Billion | +13.91% |
| Dividends Paid | ₹486.20 Million | -1.82% |
| Other Comprehensive Income | ₹861.70 Million | +3.23% |
| Other Changes | ₹-932.70 Million | -3.49% |
| Total Change | ₹- | 13.41% |
Book Value vs Market Value Analysis
This analysis compares Asahi India Glass 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: 7.80x
- 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 113.18x to 7.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹7.56 | ₹856.20 | x |
| 2006-03-31 | ₹10.69 | ₹856.20 | x |
| 2007-03-31 | ₹11.99 | ₹856.20 | x |
| 2008-03-31 | ₹12.10 | ₹856.20 | x |
| 2009-03-31 | ₹8.17 | ₹856.20 | x |
| 2010-03-31 | ₹8.25 | ₹856.20 | x |
| 2011-03-31 | ₹8.95 | ₹856.20 | x |
| 2012-03-31 | ₹6.24 | ₹856.20 | x |
| 2013-03-31 | ₹5.63 | ₹856.20 | x |
| 2014-03-31 | ₹18.86 | ₹856.20 | x |
| 2015-03-31 | ₹11.57 | ₹856.20 | x |
| 2016-03-31 | ₹14.56 | ₹856.20 | x |
| 2017-03-31 | ₹18.96 | ₹856.20 | x |
| 2018-03-31 | ₹44.25 | ₹856.20 | x |
| 2019-03-31 | ₹50.01 | ₹856.20 | x |
| 2020-03-31 | ₹53.57 | ₹856.20 | x |
| 2021-03-31 | ₹59.23 | ₹856.20 | x |
| 2022-03-31 | ₹72.50 | ₹856.20 | x |
| 2023-03-31 | ₹85.34 | ₹856.20 | x |
| 2024-03-31 | ₹96.81 | ₹856.20 | x |
| 2025-03-31 | ₹109.79 | ₹856.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asahi India Glass 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): 13.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.08%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.54x
- Recent ROE (13.91%) is above the historical average (5.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 42.28% | 13.15% | 0.80x | 4.04x | ₹588.92 Million |
| 2006 | 33.28% | 14.51% | 0.47x | 4.91x | ₹600.11 Million |
| 2007 | 14.98% | 5.65% | 0.43x | 6.16x | ₹144.13 Million |
| 2008 | 2.77% | 0.81% | 0.51x | 6.70x | ₹-211.01 Million |
| 2009 | -21.68% | -3.45% | 0.58x | 10.88x | ₹-623.96 Million |
| 2010 | 1.00% | 0.15% | 0.67x | 9.65x | ₹-179.05 Million |
| 2011 | 7.77% | 1.08% | 0.76x | 9.55x | ₹-48.13 Million |
| 2012 | -44.37% | -3.98% | 0.74x | 15.08x | ₹-818.91 Million |
| 2013 | -108.32% | -5.01% | 0.83x | 25.94x | ₹-1.07 Billion |
| 2014 | -10.20% | -2.19% | 0.93x | 5.05x | ₹-926.23 Million |
| 2015 | 14.94% | 2.00% | 0.93x | 8.04x | ₹138.95 Million |
| 2016 | 24.56% | 3.94% | 0.97x | 6.42x | ₹515.45 Million |
| 2017 | 32.45% | 6.38% | 0.98x | 5.21x | ₹1.03 Billion |
| 2018 | 16.49% | 6.71% | 0.81x | 3.05x | ₹698.23 Million |
| 2019 | 15.64% | 6.53% | 0.79x | 3.03x | ₹686.11 Million |
| 2020 | 11.80% | 5.82% | 0.68x | 2.97x | ₹234.96 Million |
| 2021 | 9.24% | 5.50% | 0.64x | 2.62x | ₹-109.07 Million |
| 2022 | 19.56% | 10.87% | 0.84x | 2.14x | ₹1.69 Billion |
| 2023 | 17.59% | 9.08% | 0.88x | 2.21x | ₹1.57 Billion |
| 2024 | 13.94% | 7.56% | 0.79x | 2.34x | ₹926.35 Million |
| 2025 | 13.91% | 8.08% | 0.68x | 2.54x | ₹1.04 Billion |
Industry Comparison
This section compares Asahi India Glass Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $20,833,708,381
- Average return on equity (ROE) among peers: 10.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asahi India Glass Limited (ASAHIINDIA) | ₹37.03 Billion | 42.28% | 1.13x | $832.12 Million |
| Apollo Tyres Limited (APOLLOTYRE) | $114.43 Billion | 3.06% | 1.28x | $1.40 Billion |
| Automotive Stampings and Assemblies Limited (ASAL) | $741.25 Million | -5.97% | 1.64x | $18.67 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $223.03 Million |
| Automotive Axles Limited (AUTOAXLES) | $5.54 Billion | 4.10% | 0.70x | $91.26 Million |
| Autoline Industries Limited (AUTOIND) | $1.99 Billion | 8.23% | 1.89x | $12.05 Million |
| Balkrishna Industries Limited (BALKRISIND) | $18.95 Billion | 25.04% | 1.65x | $2.06 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.69 Billion | 24.48% | 0.35x | $278.97 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $534.60 Million |
| Bharat Forge Limited (BHARATFORG) | $17.39 Billion | 3.35% | 2.07x | $5.02 Billion |