Asahi India Glass Limited (ASAHIINDIA) - Net Assets

Latest as of September 2025: Rs37.03 Billion INR ≈ $400.42 Million USD

Based on the latest financial reports, Asahi India Glass Limited (ASAHIINDIA) has net assets worth Rs37.03 Billion INR (≈ $400.42 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 (Rs79.02 Billion ≈ $854.60 Million USD) and total liabilities (Rs42.00 Billion ≈ $454.18 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 Asahi India Glass Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs37.03 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. Also explore Asahi India Glass Limited asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Asahi India Glass Limited (ASAHIINDIA) market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs26.42 Billion ≈ $285.76 Million	+13.37%
2024-03-31	Rs23.31 Billion ≈ $252.07 Million	+13.52%
2023-03-31	Rs20.53 Billion ≈ $222.04 Million	+17.71%
2022-03-31	Rs17.44 Billion ≈ $188.64 Million	+22.53%
2021-03-31	Rs14.24 Billion ≈ $153.96 Million	+10.49%
2020-03-31	Rs12.88 Billion ≈ $139.35 Million	+6.98%
2019-03-31	Rs12.04 Billion ≈ $130.25 Million	+12.96%
2018-03-31	Rs10.66 Billion ≈ $115.31 Million	+135.23%
2017-03-31	Rs4.53 Billion ≈ $49.02 Million	+30.92%
2016-03-31	Rs3.46 Billion ≈ $37.44 Million	+25.56%
2015-03-31	Rs2.76 Billion ≈ $29.82 Million	-39.37%
2014-03-31	Rs4.55 Billion ≈ $49.19 Million	+416.83%
2013-03-31	Rs880.00 Million ≈ $9.52 Million	-41.26%
2012-03-31	Rs1.50 Billion ≈ $16.20 Million	-30.55%
2011-03-31	Rs2.16 Billion ≈ $23.33 Million	+8.81%
2010-03-31	Rs1.98 Billion ≈ $21.44 Million	+0.88%
2009-03-31	Rs1.97 Billion ≈ $21.25 Million	-32.66%
2008-03-31	Rs2.92 Billion ≈ $31.56 Million	+0.50%
2007-03-31	Rs2.90 Billion ≈ $31.40 Million	+12.29%
2006-03-31	Rs2.59 Billion ≈ $27.97 Million	+41.74%
2005-03-31	Rs1.82 Billion ≈ $19.73 Million	--

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	Rs23.01 Billion	86.21%
Common Stock	Rs243.10 Million	0.91%
Other Comprehensive Income	Rs1.05 Billion	3.94%
Other Components	Rs2.39 Billion	8.94%
Total Equity	Rs26.69 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
DRDGOLD Limited F:DUBA	$2.31 Billion
Shanghai Awinic Technology Co Ltd SHG:688798	$2.31 Billion
TAV HAVALIMAN.HLDG ADR/4 F:5THA	$2.31 Billion
Enerflex Ltd. TO:EFX	$2.31 Billion
Transportadora de Gas del Sur SA B BA:TGSU2	$2.31 Billion
Shenzhen Kangtai Biological Products Co Ltd SHE:300601	$2.30 Billion
Beijing New Oriental Star Petrochemical Engineering Co Ltd SHE:002755	$2.30 Billion
OLAM GROUP LTD F:K25	$2.30 Billion

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	Rs3.71 Billion	+13.91%
Dividends Paid	Rs486.20 Million	-1.82%
Other Comprehensive Income	Rs861.70 Million	+3.23%
Other Changes	Rs-932.70 Million	-3.49%
Total Change	Rs-	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: 7.62x
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 110.55x to 7.62x 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	Rs7.56	Rs836.25	x
2006-03-31	Rs10.69	Rs836.25	x
2007-03-31	Rs11.99	Rs836.25	x
2008-03-31	Rs12.10	Rs836.25	x
2009-03-31	Rs8.17	Rs836.25	x
2010-03-31	Rs8.25	Rs836.25	x
2011-03-31	Rs8.95	Rs836.25	x
2012-03-31	Rs6.24	Rs836.25	x
2013-03-31	Rs5.63	Rs836.25	x
2014-03-31	Rs18.86	Rs836.25	x
2015-03-31	Rs11.57	Rs836.25	x
2016-03-31	Rs14.56	Rs836.25	x
2017-03-31	Rs18.96	Rs836.25	x
2018-03-31	Rs44.25	Rs836.25	x
2019-03-31	Rs50.01	Rs836.25	x
2020-03-31	Rs53.57	Rs836.25	x
2021-03-31	Rs59.23	Rs836.25	x
2022-03-31	Rs72.50	Rs836.25	x
2023-03-31	Rs85.34	Rs836.25	x
2024-03-31	Rs96.81	Rs836.25	x
2025-03-31	Rs109.79	Rs836.25	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	Rs588.92 Million
2006	33.28%	14.51%	0.47x	4.91x	Rs600.11 Million
2007	14.98%	5.65%	0.43x	6.16x	Rs144.13 Million
2008	2.77%	0.81%	0.51x	6.70x	Rs-211.01 Million
2009	-21.68%	-3.45%	0.58x	10.88x	Rs-623.96 Million
2010	1.00%	0.15%	0.67x	9.65x	Rs-179.05 Million
2011	7.77%	1.08%	0.76x	9.55x	Rs-48.13 Million
2012	-44.37%	-3.98%	0.74x	15.08x	Rs-818.91 Million
2013	-108.32%	-5.01%	0.83x	25.94x	Rs-1.07 Billion
2014	-10.20%	-2.19%	0.93x	5.05x	Rs-926.23 Million
2015	14.94%	2.00%	0.93x	8.04x	Rs138.95 Million
2016	24.56%	3.94%	0.97x	6.42x	Rs515.45 Million
2017	32.45%	6.38%	0.98x	5.21x	Rs1.03 Billion
2018	16.49%	6.71%	0.81x	3.05x	Rs698.23 Million
2019	15.64%	6.53%	0.79x	3.03x	Rs686.11 Million
2020	11.80%	5.82%	0.68x	2.97x	Rs234.96 Million
2021	9.24%	5.50%	0.64x	2.62x	Rs-109.07 Million
2022	19.56%	10.87%	0.84x	2.14x	Rs1.69 Billion
2023	17.59%	9.08%	0.88x	2.21x	Rs1.57 Billion
2024	13.94%	7.56%	0.79x	2.34x	Rs926.35 Million
2025	13.91%	8.08%	0.68x	2.54x	Rs1.04 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: $24,546,806,556
Average return on equity (ROE) among peers: 7.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Asahi India Glass Limited (ASAHIINDIA)	Rs37.03 Billion	42.28%	1.13x	$2.31 Billion
ASK AUTOMOTIVE LIMITED (ASKAUTOLTD)	$10.43 Billion	23.74%	0.84x	$937.98 Million
Balkrishna Industries Limited (BALKRISIND)	$46.54 Billion	16.62%	0.39x	$4.52 Billion
Banco Products (I) Limited (BANCOINDIA)	$9.82 Billion	15.53%	0.56x	$956.83 Million
Bharat Gears Limited (BHARATGEAR)	$795.74 Million	-23.60%	3.70x	$17.81 Million
Bosch Limited (BOSCHLTD)	$106.80 Billion	11.41%	0.44x	$11.48 Billion
CEAT Limited (CEATLTD)	$27.90 Billion	9.04%	1.30x	$1.50 Billion
CIE Automotive India Limited (CIEINDIA)	$1.77 Billion	-6.74%	0.78x	$1.94 Billion
Craftsman Automation Limited (CRAFTSMAN)	$11.36 Billion	14.36%	1.36x	$1.98 Billion
Divgi Torqtransfer Systems Limited (DIVGIITTS)	$5.51 Billion	9.28%	0.16x	$238.35 Million

About Asahi India Glass Limited

NSE:ASAHIINDIA India Auto Parts

Market Cap

$2.31 Billion

Rs213.18 Billion INR

Market Cap Rank

#5752 Global

#250 in India

Share Price

Rs836.25

Change (1 day)

-1.69%

52-Week Range

Rs691.60 - Rs1066.40

All Time High

Rs1066.40