Astron Paper & Board Mill Limited
Astron Paper & Board Mill Limited manufactures and sells a range of kraft papers from wastepaper for the packaging industry in India. The company offers fluting medium, test liner, kraft liner, virgin top liner, H-RCT kraft liner, and liner products, as well as high ring crust test and corrugated medium papers. The company also exports its products. Astron Paper & Board Mill Limited was incorpora… Read more
Astron Paper & Board Mill Limited (ASTRON) - Net Assets
Latest net assets as of September 2025: ₹813.05 Million INR
Based on the latest financial reports, Astron Paper & Board Mill Limited (ASTRON) has net assets worth ₹813.05 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.07 Billion) and total liabilities (₹1.26 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 | ₹813.05 Million |
| % of Total Assets | 39.23% |
| Annual Growth Rate | 12.31% |
| 5-Year Change | -48.02% |
| 10-Year Change | 158.27% |
| Growth Volatility | 51.21 |
Astron Paper & Board Mill Limited - Net Assets Trend (2013–2025)
This chart illustrates how Astron Paper & Board Mill 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 Astron Paper & Board Mill Limited (2013–2025)
The table below shows the annual net assets of Astron Paper & Board Mill Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹913.20 Million | -38.32% |
| 2024-03-31 | ₹1.48 Billion | -7.00% |
| 2023-03-31 | ₹1.59 Billion | -13.40% |
| 2022-03-31 | ₹1.84 Billion | +4.65% |
| 2021-03-31 | ₹1.76 Billion | +6.13% |
| 2020-03-31 | ₹1.66 Billion | +8.94% |
| 2019-03-31 | ₹1.52 Billion | +20.48% |
| 2018-03-31 | ₹1.26 Billion | +179.20% |
| 2017-03-31 | ₹451.74 Million | +27.76% |
| 2016-03-31 | ₹353.59 Million | +20.78% |
| 2015-03-31 | ₹292.75 Million | +23.81% |
| 2014-03-31 | ₹236.46 Million | +4.30% |
| 2013-03-31 | ₹226.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Astron Paper & Board Mill 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 3156100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹465.00 Million | 50.92% |
| Other Comprehensive Income | ₹240.00K | 0.03% |
| Other Components | ₹459.73 Million | 50.34% |
| Total Equity | ₹913.20 Million | 100.00% |
Astron Paper & Board Mill Limited Competitors by Market Cap
The table below lists competitors of Astron Paper & Board Mill Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SQZ Biotechnologies Company
PINK:SQZB
|
$707.79K |
|
Arqit Quantum Inc. Warrants
NASDAQ:ARQQW
|
$707.87K |
|
Equity Story Group Ltd
AU:EQS
|
$708.17K |
|
Rover Metals Corp
OTCQB:ROVMF
|
$708.42K |
|
Hui Srl
VI:HUI
|
$706.84K |
|
KELLOGG - Dusseldorf Stock Exchang
DU:KEL
|
$706.50K |
|
ESTEE LAUDER-A - Dusseldorf Stock Exchang
DU:ELAA
|
$706.45K |
|
PUBL SVCS ENTERPR - Dusseldorf Stock Exchang
DU:PSE
|
$705.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Astron Paper & Board Mill Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,480,482,000 to 913,203,000, a change of -567,279,000 (-38.3%).
- Net loss of 567,101,000 reduced equity.
- Other comprehensive income decreased equity by 1.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-567.10 Million | -62.1% |
| Other Comprehensive Income | ₹-1.00 | -0.0% |
| Other Changes | ₹-178.00K | -0.02% |
| Total Change | ₹- | -38.32% |
Book Value vs Market Value Analysis
This analysis compares Astron Paper & Board Mill 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: 0.21x
- 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 0.83x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹4.88 | ₹4.05 | x |
| 2014-03-31 | ₹5.09 | ₹4.05 | x |
| 2015-03-31 | ₹6.30 | ₹4.05 | x |
| 2016-03-31 | ₹7.60 | ₹4.05 | x |
| 2017-03-31 | ₹9.71 | ₹4.05 | x |
| 2018-03-31 | ₹34.93 | ₹4.05 | x |
| 2019-03-31 | ₹32.68 | ₹4.05 | x |
| 2020-03-31 | ₹35.60 | ₹4.05 | x |
| 2021-03-31 | ₹37.79 | ₹4.05 | x |
| 2022-03-31 | ₹39.54 | ₹4.05 | x |
| 2023-03-31 | ₹34.24 | ₹4.05 | x |
| 2024-03-31 | ₹31.84 | ₹4.05 | x |
| 2025-03-31 | ₹19.65 | ₹4.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Astron Paper & Board Mill 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): -62.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.93%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.38x
- Recent ROE (-62.10%) is below the historical average (-0.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -18.30% | -15.60% | 0.24x | 4.89x | ₹-64.15 Million |
| 2014 | -12.78% | -2.85% | 0.84x | 5.36x | ₹-53.86 Million |
| 2015 | 14.10% | 2.72% | 1.11x | 4.69x | ₹12.02 Million |
| 2016 | 17.21% | 3.86% | 0.99x | 4.48x | ₹25.49 Million |
| 2017 | 22.19% | 5.47% | 1.06x | 3.82x | ₹55.05 Million |
| 2018 | 16.52% | 8.24% | 1.09x | 1.84x | ₹82.21 Million |
| 2019 | 18.17% | 7.39% | 1.19x | 2.06x | ₹124.07 Million |
| 2020 | 7.99% | 3.70% | 1.09x | 1.99x | ₹-33.19 Million |
| 2021 | 5.81% | 2.36% | 1.34x | 1.84x | ₹-73.59 Million |
| 2022 | 4.41% | 1.62% | 1.43x | 1.91x | ₹-102.73 Million |
| 2023 | -15.04% | -6.07% | 1.26x | 1.96x | ₹-398.67 Million |
| 2024 | -7.57% | -3.61% | 1.06x | 1.99x | ₹-260.12 Million |
| 2025 | -62.10% | -58.93% | 0.44x | 2.38x | ₹-658.42 Million |
Industry Comparison
This section compares Astron Paper & Board Mill Limited's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $-1,055,599,855
- Average return on equity (ROE) among peers: 4.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Astron Paper & Board Mill Limited (ASTRON) | ₹813.05 Million | -18.30% | 1.55x | $707.44K |
| ANDHRA PAPER LIMITED (ANDHRAPAP) | $5.78 Billion | 7.77% | 1.08x | $31.10 Million |
| Ballarpur Industries Limited (BALLARPUR) | $-32.87 Billion | 0.00% | 0.00x | $31.74 Million |
| Emami Paper Mills Limited (EMAMIPAP) | $2.94 Billion | 5.58% | 5.69x | $10.29 Million |
| Genus Paper & Boards Limited (GENUSPAPER) | $3.55 Billion | 4.21% | 0.45x | $6.25 Million |
| JK Paper Limited (JKPAPER) | $4.09 Billion | 9.30% | 2.34x | $254.63 Million |
| Kuantum Papers Limited (KUANTUM) | $445.31 Million | -28.12% | 5.36x | $16.50 Million |
| Magnum Ventures Limited (MAGNUM) | $5.84 Billion | 12.13% | 0.79x | $5.55 Million |
| Malu Paper Mills Limited (MALUPAPER) | $434.42 Million | 5.83% | 2.18x | $1.68 Million |
| N R Agarwal Industries Limited (NRAIL) | $294.23 Million | 19.62% | 6.10x | $17.60 Million |