Ashima Limited
Ashima Limited engages in real estate business in India. It operates through Real Estate and Investment segments. The company provides portfolio management services. It also develops residential and commercial properties. Ashima Limited was incorporated in 1982 and is based in Ahmedabad, India. Ashima Limited is a subsidiary of Navchintan Trust.
Ashima Limited (ASHIMASYN) - Net Assets
Latest net assets as of September 2025: ₹2.88 Billion INR
Based on the latest financial reports, Ashima Limited (ASHIMASYN) has net assets worth ₹2.88 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 (₹5.69 Billion) and total liabilities (₹2.81 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 | ₹2.88 Billion |
| % of Total Assets | 50.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | 42.73% |
| 10-Year Change | 1458.25% |
| Growth Volatility | 96.03 |
Ashima Limited - Net Assets Trend (2006–2025)
This chart illustrates how Ashima 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 Ashima Limited (2006–2025)
The table below shows the annual net assets of Ashima Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.99 Billion | -5.78% |
| 2024-03-31 | ₹3.17 Billion | +43.84% |
| 2023-03-31 | ₹2.20 Billion | -2.62% |
| 2022-03-31 | ₹2.26 Billion | +8.14% |
| 2021-03-31 | ₹2.09 Billion | -5.31% |
| 2020-03-31 | ₹2.21 Billion | +24.08% |
| 2019-03-31 | ₹1.78 Billion | +11.09% |
| 2018-03-31 | ₹1.60 Billion | +174.63% |
| 2017-03-31 | ₹583.56 Million | +204.57% |
| 2016-03-31 | ₹191.60 Million | +107.13% |
| 2015-03-31 | ₹-2.69 Billion | -4.52% |
| 2014-03-31 | ₹-2.57 Billion | -5.30% |
| 2013-03-31 | ₹-2.44 Billion | -6.06% |
| 2012-03-31 | ₹-2.30 Billion | -5.47% |
| 2011-03-31 | ₹-2.18 Billion | -181.64% |
| 2010-03-31 | ₹2.67 Billion | -0.36% |
| 2009-03-31 | ₹2.68 Billion | +254.04% |
| 2008-03-31 | ₹-1.74 Billion | +5.94% |
| 2007-03-31 | ₹-1.85 Billion | -18.41% |
| 2006-03-31 | ₹-1.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ashima 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 110600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.11 Billion | 37.04% |
| Common Stock | ₹1.92 Billion | 64.19% |
| Other Comprehensive Income | ₹-37.00 Million | -1.24% |
| Total Equity | ₹2.99 Billion | 100.00% |
Ashima Limited Competitors by Market Cap
The table below lists competitors of Ashima Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Skandia Greenpower AS
OL:SKAND
|
$8.24 Million |
|
Mineralrite Corporat
PINK:RITE
|
$8.24 Million |
|
Greenland Acquisition Corp
NASDAQ:GTEC
|
$8.24 Million |
|
Orange Electronic Co., Ltd.
TWO:4554
|
$8.24 Million |
|
Ebusco Holding N.V.
F:8J30
|
$8.23 Million |
|
Logistic Properties of the Americas
NYSE MKT:LPA
|
$8.23 Million |
|
Magle Chemoswed Holding Ab
ST:MAGLE
|
$8.23 Million |
|
Ingram Micro Bilisim Sistemleri A.S.
IS:INGRM
|
$8.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ashima Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,168,600,000 to 2,985,600,000, a change of -183,000,000 (-5.8%).
- Net loss of 190,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,289,000,000.
- Other factors increased equity by 1,296,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-190.00 Million | -6.36% |
| Other Comprehensive Income | ₹-1.29 Billion | -43.17% |
| Other Changes | ₹1.30 Billion | +43.41% |
| Total Change | ₹- | -5.78% |
Book Value vs Market Value Analysis
This analysis compares Ashima 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: 0.90x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹-36.39 | ₹13.98 | x |
| 2007-03-31 | ₹-43.09 | ₹13.98 | x |
| 2008-03-31 | ₹-40.53 | ₹13.98 | x |
| 2009-03-31 | ₹62.43 | ₹13.98 | x |
| 2010-03-31 | ₹62.21 | ₹13.98 | x |
| 2011-03-31 | ₹-50.79 | ₹13.98 | x |
| 2012-03-31 | ₹-53.57 | ₹13.98 | x |
| 2013-03-31 | ₹-56.81 | ₹13.98 | x |
| 2014-03-31 | ₹-59.82 | ₹13.98 | x |
| 2015-03-31 | ₹-80.51 | ₹13.98 | x |
| 2016-03-31 | ₹5.74 | ₹13.98 | x |
| 2017-03-31 | ₹4.88 | ₹13.98 | x |
| 2018-03-31 | ₹12.48 | ₹13.98 | x |
| 2019-03-31 | ₹9.29 | ₹13.98 | x |
| 2020-03-31 | ₹11.53 | ₹13.98 | x |
| 2021-03-31 | ₹10.91 | ₹13.98 | x |
| 2022-03-31 | ₹11.80 | ₹13.98 | x |
| 2023-03-31 | ₹11.49 | ₹13.98 | x |
| 2024-03-31 | ₹16.53 | ₹13.98 | x |
| 2025-03-31 | ₹15.56 | ₹13.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ashima 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): -6.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -181.30%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.68x
- Recent ROE (-6.36%) is below the historical average (0.80%), 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 | 0.00% | -1.55% | 0.79x | 0.00x | ₹100.81 Million |
| 2007 | 0.00% | -6.51% | 0.56x | 0.00x | ₹31.33 Million |
| 2008 | 0.00% | -8.78% | 0.67x | 0.00x | ₹-21.84 Million |
| 2009 | -10.53% | -13.56% | 0.26x | 3.03x | ₹-550.61 Million |
| 2010 | -16.34% | -19.43% | 0.28x | 3.01x | ₹-704.08 Million |
| 2011 | 0.00% | -2.00% | 0.92x | 0.00x | ₹166.35 Million |
| 2012 | 0.00% | -4.92% | 0.91x | 0.00x | ₹110.76 Million |
| 2013 | 0.00% | -5.27% | 1.00x | 0.00x | ₹104.60 Million |
| 2014 | 0.00% | -4.79% | 1.05x | 0.00x | ₹128.60 Million |
| 2015 | 0.00% | -5.98% | 0.85x | 0.00x | ₹106.63 Million |
| 2016 | -122.95% | -11.05% | 0.95x | 11.66x | ₹-254.74 Million |
| 2017 | 46.66% | 14.30% | 0.96x | 3.39x | ₹213.94 Million |
| 2018 | 78.92% | 55.46% | 0.89x | 1.60x | ₹1.10 Billion |
| 2019 | 18.33% | 9.82% | 1.39x | 1.35x | ₹148.27 Million |
| 2020 | -1.53% | -1.20% | 0.95x | 1.34x | ₹-254.70 Million |
| 2021 | -5.48% | -11.17% | 0.38x | 1.29x | ₹-323.88 Million |
| 2022 | 7.92% | 8.61% | 0.66x | 1.40x | ₹-47.00 Million |
| 2023 | -3.02% | -3.21% | 0.65x | 1.45x | ₹-286.78 Million |
| 2024 | 30.43% | 29.26% | 0.61x | 1.72x | ₹647.24 Million |
| 2025 | -6.36% | -181.30% | 0.02x | 1.68x | ₹-488.56 Million |
Industry Comparison
This section compares Ashima Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $3,404,866,418
- Average return on equity (ROE) among peers: 18.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ashima Limited (ASHIMASYN) | ₹2.88 Billion | 0.00% | 0.98x | $8.23 Million |
| AGI Infra Limited (AGIIL) | $2.25 Billion | 23.19% | 3.81x | $32.43K |
| Ajmera Realty & Infra India Limited (AJMERA) | $5.38 Billion | 7.88% | 1.34x | $61.39 Million |
| Alembic Limited (ALEMBICLTD) | $2.31 Billion | 12.80% | 0.54x | $62.26 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.15 Billion | 3.86% | 0.17x | $4.81 Million |
| Anant Raj Limited (ANANTRAJ) | $220.01 Million | 1.30% | 1.07x | $701.37 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $17.89 Billion | 1.14% | 3.15x | $797.78K |
| Arihant Superstructures Limited (ARIHANTSUP) | $2.46 Billion | 12.78% | 3.20x | $37.69 Million |
| Arkade Developers Ltd (ARKADE) | $2.00 Billion | 25.34% | 1.77x | $39.44 Million |
| Art Nirman Limited (ARTNIRMAN) | $372.86 Million | 5.34% | 0.85x | $2.63 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $28.40 Million | 95.23% | 13.74x | $112.65 Million |