Ashima Limited (ASHIMASYN) - Net Assets
Based on the latest financial reports, Ashima Limited (ASHIMASYN) has net assets worth Rs2.88 Billion INR (≈ $31.14 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 (Rs5.69 Billion ≈ $61.53 Million USD) and total liabilities (Rs2.81 Billion ≈ $30.39 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 Ashima Limited (ASHIMASYN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.88 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. Also explore Ashima Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Ashima Limited (2006–2025)
The table below shows the annual net assets of Ashima Limited from 2006 to 2025. For live valuation and market cap data, see Ashima Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.99 Billion ≈ $32.29 Million |
-5.78% |
| 2024-03-31 | Rs3.17 Billion ≈ $34.27 Million |
+43.84% |
| 2023-03-31 | Rs2.20 Billion ≈ $23.82 Million |
-2.62% |
| 2022-03-31 | Rs2.26 Billion ≈ $24.46 Million |
+8.14% |
| 2021-03-31 | Rs2.09 Billion ≈ $22.62 Million |
-5.31% |
| 2020-03-31 | Rs2.21 Billion ≈ $23.89 Million |
+24.08% |
| 2019-03-31 | Rs1.78 Billion ≈ $19.25 Million |
+11.09% |
| 2018-03-31 | Rs1.60 Billion ≈ $17.33 Million |
+174.63% |
| 2017-03-31 | Rs583.56 Million ≈ $6.31 Million |
+204.57% |
| 2016-03-31 | Rs191.60 Million ≈ $2.07 Million |
+107.13% |
| 2015-03-31 | Rs-2.69 Billion ≈ $-29.06 Million |
-4.52% |
| 2014-03-31 | Rs-2.57 Billion ≈ $-27.80 Million |
-5.30% |
| 2013-03-31 | Rs-2.44 Billion ≈ $-26.40 Million |
-6.06% |
| 2012-03-31 | Rs-2.30 Billion ≈ $-24.89 Million |
-5.47% |
| 2011-03-31 | Rs-2.18 Billion ≈ $-23.60 Million |
-181.64% |
| 2010-03-31 | Rs2.67 Billion ≈ $28.91 Million |
-0.36% |
| 2009-03-31 | Rs2.68 Billion ≈ $29.01 Million |
+254.04% |
| 2008-03-31 | Rs-1.74 Billion ≈ $-18.83 Million |
+5.94% |
| 2007-03-31 | Rs-1.85 Billion ≈ $-20.02 Million |
-18.41% |
| 2006-03-31 | Rs-1.56 Billion ≈ $-16.91 Million |
-- |
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 | Rs1.11 Billion | 37.04% |
| Common Stock | Rs1.92 Billion | 64.19% |
| Other Comprehensive Income | Rs-37.00 Million | -1.24% |
| Total Equity | Rs2.99 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 |
|---|---|
|
Zanaga Iron Ore Company Limited
F:6ZA
|
$33.09 Million |
|
Wijaya Karya Bangunan Gedung Tbk PT
JK:WEGE
|
$33.09 Million |
|
Dongil Metal Co. Ltd
KQ:109860
|
$33.10 Million |
|
Sekuro Plastik Ambalaj Sanayi AS
IS:SEKUR
|
$33.12 Million |
|
Grace Therapeutics, Inc.
NASDAQ:GRCE
|
$33.06 Million |
|
XPLUS SA ZY -01
F:75R
|
$33.06 Million |
|
Nephros Inc
NASDAQ:NEPH
|
$33.05 Million |
|
OneMedNet Corp.
NASDAQ:ONMD
|
$33.05 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 | Rs-190.00 Million | -6.36% |
| Other Comprehensive Income | Rs-1.29 Billion | -43.17% |
| Other Changes | Rs1.30 Billion | +43.41% |
| Total Change | Rs- | -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: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs-36.39 | Rs15.96 | x |
| 2007-03-31 | Rs-43.09 | Rs15.96 | x |
| 2008-03-31 | Rs-40.53 | Rs15.96 | x |
| 2009-03-31 | Rs62.43 | Rs15.96 | x |
| 2010-03-31 | Rs62.21 | Rs15.96 | x |
| 2011-03-31 | Rs-50.79 | Rs15.96 | x |
| 2012-03-31 | Rs-53.57 | Rs15.96 | x |
| 2013-03-31 | Rs-56.81 | Rs15.96 | x |
| 2014-03-31 | Rs-59.82 | Rs15.96 | x |
| 2015-03-31 | Rs-80.51 | Rs15.96 | x |
| 2016-03-31 | Rs5.74 | Rs15.96 | x |
| 2017-03-31 | Rs4.88 | Rs15.96 | x |
| 2018-03-31 | Rs12.48 | Rs15.96 | x |
| 2019-03-31 | Rs9.29 | Rs15.96 | x |
| 2020-03-31 | Rs11.53 | Rs15.96 | x |
| 2021-03-31 | Rs10.91 | Rs15.96 | x |
| 2022-03-31 | Rs11.80 | Rs15.96 | x |
| 2023-03-31 | Rs11.49 | Rs15.96 | x |
| 2024-03-31 | Rs16.53 | Rs15.96 | x |
| 2025-03-31 | Rs15.56 | Rs15.96 | 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 | Rs100.81 Million |
| 2007 | 0.00% | -6.51% | 0.56x | 0.00x | Rs31.33 Million |
| 2008 | 0.00% | -8.78% | 0.67x | 0.00x | Rs-21.84 Million |
| 2009 | -10.53% | -13.56% | 0.26x | 3.03x | Rs-550.61 Million |
| 2010 | -16.34% | -19.43% | 0.28x | 3.01x | Rs-704.08 Million |
| 2011 | 0.00% | -2.00% | 0.92x | 0.00x | Rs166.35 Million |
| 2012 | 0.00% | -4.92% | 0.91x | 0.00x | Rs110.76 Million |
| 2013 | 0.00% | -5.27% | 1.00x | 0.00x | Rs104.60 Million |
| 2014 | 0.00% | -4.79% | 1.05x | 0.00x | Rs128.60 Million |
| 2015 | 0.00% | -5.98% | 0.85x | 0.00x | Rs106.63 Million |
| 2016 | -122.95% | -11.05% | 0.95x | 11.66x | Rs-254.74 Million |
| 2017 | 46.66% | 14.30% | 0.96x | 3.39x | Rs213.94 Million |
| 2018 | 78.92% | 55.46% | 0.89x | 1.60x | Rs1.10 Billion |
| 2019 | 18.33% | 9.82% | 1.39x | 1.35x | Rs148.27 Million |
| 2020 | -1.53% | -1.20% | 0.95x | 1.34x | Rs-254.70 Million |
| 2021 | -5.48% | -11.17% | 0.38x | 1.29x | Rs-323.88 Million |
| 2022 | 7.92% | 8.61% | 0.66x | 1.40x | Rs-47.00 Million |
| 2023 | -3.02% | -3.21% | 0.65x | 1.45x | Rs-286.78 Million |
| 2024 | 30.43% | 29.26% | 0.61x | 1.72x | Rs647.24 Million |
| 2025 | -6.36% | -181.30% | 0.02x | 1.68x | Rs-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: $6,767,451,088
- Average return on equity (ROE) among peers: 4.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ashima Limited (ASHIMASYN) | Rs2.88 Billion | 0.00% | 0.98x | $33.08 Million |
| Ajmera Realty & Infra India Limited (AJMERA) | $13.23 Billion | 9.52% | 0.70x | $264.54 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.15 Billion | 6.52% | 1.03x | $17.89 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $2.63 Billion | -53.33% | 31.00x | $6.43 Million |
| Arihant Superstructures Limited (ARIHANTSUP) | $3.18 Billion | 23.52% | 2.76x | $129.05 Million |
| Arkade Developers Ltd (ARKADE) | $3.24 Billion | 37.99% | 0.78x | $236.65 Million |
| Art Nirman Limited (ARTNIRMAN) | $449.80 Million | 1.82% | 2.07x | $12.02 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $2.65 Billion | 11.57% | 1.93x | $306.52 Million |
| Ashiana Housing Limited (ASHIANA) | $7.60 Billion | 3.67% | 1.90x | $372.51 Million |
| Valor Estate Limited (DBREALTY) | $26.78 Billion | -2.31% | 1.43x | $607.53 Million |
About 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.