Axita Cotton Limited
Axita Cotton Limited engages in manufacturing, processing, finishing, and trading of cotton bales, yarns, seeds, and agri commodities in India. The company also engages in ginning and pressing of seed cotton on job work basis. It serves traders, manufacturers, and merchant exporters. In addition, the company exports its products. The company was founded in 2007 and is based in Ahmedabad, India.
Axita Cotton Limited (AXITA) - Net Assets
Latest net assets as of September 2025: ₹655.60 Million INR
Based on the latest financial reports, Axita Cotton Limited (AXITA) has net assets worth ₹655.60 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 (₹985.03 Million) and total liabilities (₹329.43 Million). 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 | ₹655.60 Million |
| % of Total Assets | 66.56% |
| Annual Growth Rate | 33.71% |
| 5-Year Change | 186.4% |
| 10-Year Change | 2506.0% |
| Growth Volatility | 101.72 |
Axita Cotton Limited - Net Assets Trend (2014–2025)
This chart illustrates how Axita Cotton 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 Axita Cotton Limited (2014–2025)
The table below shows the annual net assets of Axita Cotton Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹624.92 Million | -3.21% |
| 2024-03-31 | ₹645.64 Million | +23.28% |
| 2023-03-31 | ₹523.70 Million | +44.41% |
| 2022-03-31 | ₹362.65 Million | +66.20% |
| 2021-03-31 | ₹218.20 Million | +20.64% |
| 2020-03-31 | ₹180.86 Million | +1.61% |
| 2019-03-31 | ₹178.00 Million | +364.06% |
| 2018-03-31 | ₹38.36 Million | +58.17% |
| 2017-03-31 | ₹24.25 Million | +1.13% |
| 2016-03-31 | ₹23.98 Million | +5.48% |
| 2015-03-31 | ₹22.73 Million | -11.14% |
| 2014-03-31 | ₹25.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axita Cotton 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 47520.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹278.58 Million | 44.45% |
| Common Stock | ₹347.77 Million | 55.49% |
| Other Comprehensive Income | ₹424.00K | 0.07% |
| Other Components | ₹1.00 | 0.00% |
| Total Equity | ₹626.77 Million | 100.00% |
Axita Cotton Limited Competitors by Market Cap
The table below lists competitors of Axita Cotton Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SINGULAR PEOPLE S EO-1
F:H0U
|
$21.74 Million |
|
Tong Ming Enterprise Co Ltd
TW:5538
|
$21.74 Million |
|
Zhejiang Yuancheng Landscape
SHG:603388
|
$21.74 Million |
|
Aura Systems Inc
PINK:AUSI
|
$21.75 Million |
|
HMCIB SPAC 3
KQ:226340
|
$21.73 Million |
|
Redtone International Bhd
KLSE:0032
|
$21.72 Million |
|
PT Duta Pertiwi Tbk
F:DUI
|
$21.72 Million |
|
SMG EUROPEAN RECOV. EO 1
F:RCVR
|
$21.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axita Cotton Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 645,636,000 to 626,774,000, a change of -18,862,000 (-2.9%).
- Net income of 7,860,000 contributed positively to equity growth.
- Dividend payments of 26,015,000 reduced retained earnings.
- New share issuances of 100,000 increased equity.
- Other comprehensive income decreased equity by 384,334,001.
- Other factors increased equity by 383,527,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹7.86 Million | +1.25% |
| Dividends Paid | ₹26.02 Million | -4.15% |
| Share Issuances | ₹100.00K | +0.02% |
| Other Comprehensive Income | ₹-384.33 Million | -61.32% |
| Other Changes | ₹383.53 Million | +61.19% |
| Total Change | ₹- | -2.92% |
Book Value vs Market Value Analysis
This analysis compares Axita Cotton 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: 5.04x
- 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 67.15x to 5.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹0.13 | ₹8.74 | x |
| 2015-03-31 | ₹0.12 | ₹8.74 | x |
| 2016-03-31 | ₹0.07 | ₹8.74 | x |
| 2017-03-31 | ₹0.12 | ₹8.74 | x |
| 2018-03-31 | ₹0.29 | ₹8.74 | x |
| 2019-03-31 | ₹0.63 | ₹8.74 | x |
| 2020-03-31 | ₹0.52 | ₹8.74 | x |
| 2021-03-31 | ₹0.62 | ₹8.74 | x |
| 2022-03-31 | ₹1.04 | ₹8.74 | x |
| 2023-03-31 | ₹1.50 | ₹8.74 | x |
| 2024-03-31 | ₹1.86 | ₹8.74 | x |
| 2025-03-31 | ₹1.74 | ₹8.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axita Cotton 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): 1.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.12%
- • Asset Turnover: 8.48x
- • Equity Multiplier: 1.23x
- Recent ROE (1.25%) is below the historical average (12.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.29% | 0.34% | 1.31x | 5.18x | ₹-1.97 Million |
| 2015 | -12.54% | -0.37% | 5.78x | 5.85x | ₹-5.12 Million |
| 2016 | 5.20% | 0.18% | 4.91x | 5.79x | ₹-1.15 Million |
| 2017 | 1.12% | 0.03% | 5.15x | 7.22x | ₹-2.15 Million |
| 2018 | 30.20% | 0.94% | 5.44x | 5.91x | ₹7.75 Million |
| 2019 | 2.59% | 0.22% | 5.58x | 2.15x | ₹-13.19 Million |
| 2020 | 1.95% | 0.07% | 7.44x | 3.56x | ₹-14.55 Million |
| 2021 | 17.11% | 0.61% | 5.70x | 4.91x | ₹15.52 Million |
| 2022 | 42.51% | 1.93% | 7.33x | 3.00x | ₹117.89 Million |
| 2023 | 32.53% | 3.14% | 6.72x | 1.54x | ₹117.98 Million |
| 2024 | 31.50% | 1.85% | 11.19x | 1.52x | ₹138.79 Million |
| 2025 | 1.25% | 0.12% | 8.48x | 1.23x | ₹-54.82 Million |
Industry Comparison
This section compares Axita Cotton Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-17,071,812,733
- Average return on equity (ROE) among peers: 4.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axita Cotton Limited (AXITA) | ₹655.60 Million | 2.29% | 0.50x | $21.73 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $18.42 Million |
| Akshar Spintex Limited (AKSHAR) | $362.57 Million | 3.43% | 1.02x | $3.77 Million |
| Alok Industries Limited (ALOKINDS) | $-206.30 Billion | 0.00% | 0.00x | $179.15 Million |
| Alps Industries Limited (ALPSINDUS) | $2.04 Billion | 0.00% | 5.49x | $155.37K |
| Ambika Cotton Mills Limited (AMBIKCO) | $5.65 Billion | 12.02% | 0.11x | $40.48 Million |
| Arvind Limited (ARVIND) | $34.04 Billion | 11.88% | 1.03x | $623.55 Million |
| AYM Syntex Limited (AYMSYNTEX) | $789.26 Million | 14.66% | 2.84x | $26.36 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.69 Billion | 3.12% | 2.99x | $11.94 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $4.51 Billion | -4.87% | 1.72x | $6.49 Million |