Aspinwall and Company Limited (ASPINWALL) - Net Assets

Latest as of March 2026: Rs2.01 Billion INR ≈ $21.73 Million USD

Based on the latest financial reports, Aspinwall and Company Limited (ASPINWALL) has net assets worth Rs2.01 Billion INR (≈ $21.73 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 (Rs3.33 Billion ≈ $36.02 Million USD) and total liabilities (Rs1.32 Billion ≈ $14.29 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 ASPINWALL capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs2.01 Billion
% of Total Assets	60.32%
Annual Growth Rate	15.1%
5-Year Change	30.56%
10-Year Change	61.07%
Growth Volatility	43.04

Aspinwall and Company Limited - Net Assets Trend (2005–2026)

This chart illustrates how Aspinwall and Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ASPINWALL market cap overview.

Annual Net Assets for Aspinwall and Company Limited (2005–2026)

The table below shows the annual net assets of Aspinwall and Company Limited from 2005 to 2026. Also explore how fast is Aspinwall and Company Limited growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs2.01 Billion ≈ $21.73 Million	+4.29%
2025-03-31	Rs1.93 Billion ≈ $20.83 Million	+5.11%
2024-03-31	Rs1.83 Billion ≈ $19.82 Million	+3.68%
2023-03-31	Rs1.77 Billion ≈ $19.12 Million	+14.87%
2022-03-31	Rs1.54 Billion ≈ $16.64 Million	+8.51%
2021-03-31	Rs1.42 Billion ≈ $15.34 Million	+5.18%
2020-03-31	Rs1.35 Billion ≈ $14.58 Million	-3.62%
2019-03-31	Rs1.40 Billion ≈ $15.13 Million	+2.44%
2018-03-31	Rs1.37 Billion ≈ $14.77 Million	+9.48%
2017-03-31	Rs1.25 Billion ≈ $13.49 Million	+8.51%
2016-03-31	Rs1.15 Billion ≈ $12.43 Million	+5.94%
2015-03-31	Rs1.08 Billion ≈ $11.73 Million	+2.71%
2014-03-31	Rs1.06 Billion ≈ $11.42 Million	+3.76%
2013-03-31	Rs1.02 Billion ≈ $11.01 Million	+3.21%
2012-03-31	Rs986.40 Million ≈ $10.67 Million	+6.33%
2011-03-31	Rs927.70 Million ≈ $10.03 Million	+10.11%
2010-03-31	Rs842.50 Million ≈ $9.11 Million	+12.29%
2009-03-31	Rs750.30 Million ≈ $8.11 Million	+11.53%
2008-03-31	Rs672.76 Million ≈ $7.28 Million	+188.14%
2007-03-31	Rs233.49 Million ≈ $2.53 Million	+9.92%
2006-03-31	Rs212.42 Million ≈ $2.30 Million	+102.78%
2005-03-31	Rs104.75 Million ≈ $1.13 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Aspinwall and Company 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 893.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs269.90 Million	13.43%
Common Stock	Rs78.20 Million	3.89%
Other Components	Rs1.66 Billion	82.67%
Total Equity	Rs2.01 Billion	100.00%

Aspinwall and Company Limited Competitors by Market Cap

The table below lists competitors of Aspinwall and Company Limited ranked by their market capitalization.

Company	Market Cap
Shengli Oil & Gas Pipe Holdings Limited F:GSG	$21.22 Million
Carnavale Resources Limited F:YBB	$21.23 Million
Han Express KO:014130	$21.23 Million
DE&T Co. Ltd KQ:079810	$21.25 Million
JPEL Private Equity Ltd LSE:JPEL	$21.21 Million
Sin Heng Chan (Malaya) Bhd KLSE:4316	$21.21 Million
Mountain Alliance AG XETRA:ECF	$21.19 Million
Daesung Eltec Co. Ltd KQ:025440	$21.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aspinwall and Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 1,926,300,000 to 2,009,000,000, a change of 82,700,000 (4.3%).
Net income of 131,600,000 contributed positively to equity growth.
Dividend payments of 50,700,000 reduced retained earnings.
Other comprehensive income decreased equity by 1,559,400,000.
Other factors increased equity by 1,561,200,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs131.60 Million	+6.55%
Dividends Paid	Rs50.70 Million	-2.52%
Other Comprehensive Income	Rs-1.56 Billion	-77.62%
Other Changes	Rs1.56 Billion	+77.71%
Total Change	Rs-	4.29%

Book Value vs Market Value Analysis

This analysis compares Aspinwall and Company 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: 0.98x
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 6.87x to 0.98x 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	Rs36.50	Rs250.85	x
2006-03-31	Rs54.34	Rs250.85	x
2007-03-31	Rs59.73	Rs250.85	x
2008-03-31	Rs172.11	Rs250.85	x
2009-03-31	Rs96.08	Rs250.85	x
2010-03-31	Rs107.90	Rs250.85	x
2011-03-31	Rs118.66	Rs250.85	x
2012-03-31	Rs126.15	Rs250.85	x
2013-03-31	Rs130.22	Rs250.85	x
2014-03-31	Rs135.12	Rs250.85	x
2015-03-31	Rs138.78	Rs250.85	x
2016-03-31	Rs147.03	Rs250.85	x
2017-03-31	Rs159.54	Rs250.85	x
2018-03-31	Rs174.67	Rs250.85	x
2019-03-31	Rs178.93	Rs250.85	x
2020-03-31	Rs172.46	Rs250.85	x
2021-03-31	Rs181.39	Rs250.85	x
2022-03-31	Rs196.83	Rs250.85	x
2023-03-31	Rs226.09	Rs250.85	x
2024-03-31	Rs234.40	Rs250.85	x
2025-03-31	Rs246.17	Rs250.85	x
2026-03-31	Rs256.94	Rs250.85	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aspinwall and Company 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): 6.55%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.15%
• Asset Turnover: 1.25x
• Equity Multiplier: 1.66x
Recent ROE (6.55%) is below the historical average (11.02%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	4.15%	0.56%	2.01x	3.70x	Rs-6.13 Million
2006	12.61%	2.55%	1.66x	2.98x	Rs5.55 Million
2007	19.35%	2.99%	1.57x	4.12x	Rs21.82 Million
2008	68.84%	28.52%	1.20x	2.02x	Rs395.87 Million
2009	11.57%	4.51%	1.23x	2.09x	Rs11.76 Million
2010	12.87%	6.33%	1.04x	1.96x	Rs24.14 Million
2011	11.58%	5.21%	1.19x	1.86x	Rs14.63 Million
2012	8.24%	3.38%	1.39x	1.76x	Rs-17.33 Million
2013	5.13%	2.51%	1.37x	1.49x	Rs-49.61 Million
2014	4.52%	2.39%	1.08x	1.75x	Rs-57.94 Million
2015	4.60%	2.21%	1.23x	1.69x	Rs-58.60 Million
2016	7.16%	3.44%	1.18x	1.77x	Rs-32.65 Million
2017	6.98%	3.55%	1.19x	1.66x	Rs-37.63 Million
2018	9.45%	4.68%	1.05x	1.93x	Rs-7.46 Million
2019	5.19%	2.72%	1.04x	1.83x	Rs-67.29 Million
2020	-0.31%	-0.17%	1.06x	1.76x	Rs-139.03 Million
2021	4.53%	2.57%	1.07x	1.64x	Rs-77.51 Million
2022	9.92%	5.93%	1.07x	1.56x	Rs-1.18 Million
2023	16.15%	9.79%	1.19x	1.39x	Rs108.74 Million
2024	5.83%	3.61%	1.18x	1.37x	Rs-76.46 Million
2025	7.54%	4.32%	1.08x	1.62x	Rs-47.33 Million
2026	6.55%	3.15%	1.25x	1.66x	Rs-69.30 Million

Industry Comparison

This section compares Aspinwall and Company Limited's net assets metrics with peer companies in the Farm Products industry.

Industry Context

Industry: Farm Products
Average net assets among peers: $2,548,036,384
Average return on equity (ROE) among peers: 4.82%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Aspinwall and Company Limited (ASPINWALL)	Rs2.01 Billion	4.15%	0.66x	$21.21 Million
Agri-Tech (India) Limited (AGRITECH)	$165.27 Million	-1.81%	0.70x	$6.27 Million
Apex Frozen Foods Limited (APEX)	$4.97 Billion	2.94%	0.27x	$121.31 Million
Dhampur Bio Organics Limited (DBOL)	$10.11 Billion	4.60%	1.29x	$80.60 Million
Gillanders Arbuthnot & Company Limited (GILLANDERS)	$2.36 Billion	23.01%	1.76x	$23.75 Million
The Grob Tea Company Limited (GROBTEA)	$784.15 Million	5.29%	0.26x	$11.84 Million
Harrisons Malayalam Limited (HARRMALAYA)	$1.44 Billion	-5.08%	2.22x	$36.44 Million
Mangalam Global Enterprise Limited (MGEL)	$1.14 Billion	11.10%	2.84x	$55.35 Million
Norben Tea & Exports Limited (NORBTEAEXP)	$153.03 Million	-2.94%	0.48x	$10.84 Million
The Peria Karamalai Tea & Produce Company Limited (PKTEA)	$1.81 Billion	6.31%	0.13x	$34.30 Million

About Aspinwall and Company Limited

NSE:ASPINWALL India Farm Products

Market Cap

$21.21 Million

Rs1.96 Billion INR

Market Cap Rank

#25006 Global

#1383 in India

Share Price

Rs250.85

Change (1 day)

-3.70%

52-Week Range

Rs202.50 - Rs273.00

All Time High

Rs475.39