Axita Cotton Limited (AXITA) - Net Assets
Based on the latest financial reports, Axita Cotton Limited (AXITA) has net assets worth Rs649.12 Million INR (≈ $7.02 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 (Rs857.36 Million ≈ $9.27 Million USD) and total liabilities (Rs208.24 Million ≈ $2.25 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. Also explore Axita Cotton Limited assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs649.12 Million |
| % of Total Assets | 75.71% |
| Annual Growth Rate | 30.93% |
| 5-Year Change | 78.99% |
| 10-Year Change | 2576.66% |
| Growth Volatility | 98.29 |
Axita Cotton Limited - Net Assets Trend (2014–2026)
This chart illustrates how Axita Cotton Limited's net assets have evolved over time, based on quarterly financial data. Check Axita Cotton Limited (AXITA) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Axita Cotton Limited (2014–2026)
The table below shows the annual net assets of Axita Cotton Limited from 2014 to 2026. For live valuation and market cap data, see Axita Cotton Limited (AXITA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs649.12 Million ≈ $7.02 Million |
+3.87% |
| 2025-03-31 | Rs624.92 Million ≈ $6.76 Million |
-3.21% |
| 2024-03-31 | Rs645.64 Million ≈ $6.98 Million |
+23.28% |
| 2023-03-31 | Rs523.70 Million ≈ $5.66 Million |
+44.41% |
| 2022-03-31 | Rs362.65 Million ≈ $3.92 Million |
+66.20% |
| 2021-03-31 | Rs218.20 Million ≈ $2.36 Million |
+20.64% |
| 2020-03-31 | Rs180.86 Million ≈ $1.96 Million |
+1.61% |
| 2019-03-31 | Rs178.00 Million ≈ $1.93 Million |
+364.06% |
| 2018-03-31 | Rs38.36 Million ≈ $414.83K |
+58.17% |
| 2017-03-31 | Rs24.25 Million ≈ $262.27K |
+1.13% |
| 2016-03-31 | Rs23.98 Million ≈ $259.33K |
+5.48% |
| 2015-03-31 | Rs22.73 Million ≈ $245.86K |
-11.14% |
| 2014-03-31 | Rs25.59 Million ≈ $276.69K |
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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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs382.50 Million | 58.93% |
| Other Components | Rs266.62 Million | 41.07% |
| Total Equity | Rs649.12 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 |
|---|---|
|
KebNi AB (publ)
ST:KEBNI-B
|
$30.30 Million |
|
Yong Shun Chemical Co Ltd
TWO:4711
|
$30.30 Million |
|
Klondike Gold Corp
V:KG
|
$30.30 Million |
|
AMICCOM Electronics
TWO:5272
|
$30.30 Million |
|
Taiming Assurance Broker Co Ltd
TWO:5878
|
$30.27 Million |
|
Mirae Asset Maps Reit 1 Co Ltd
KO:357250
|
$30.27 Million |
|
The Australian Wealth Advisors Group Ltd
AU:WAG
|
$30.27 Million |
|
SolTech Energy Sweden AB
ST:SOLT
|
$30.25 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 2025 to 2026, total equity changed from 626,774,000 to 649,118,000, a change of 22,344,000 (3.6%).
- Net income of 19,019,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 423,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs19.02 Million | +2.93% |
| Other Comprehensive Income | Rs-424.00K | -0.07% |
| Other Changes | Rs3.75 Million | +0.58% |
| Total Change | Rs- | 3.56% |
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: 4.29x
- 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 56.24x to 4.29x 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 | Rs0.13 | Rs7.32 | x |
| 2015-03-31 | Rs0.12 | Rs7.32 | x |
| 2016-03-31 | Rs0.07 | Rs7.32 | x |
| 2017-03-31 | Rs0.12 | Rs7.32 | x |
| 2018-03-31 | Rs0.29 | Rs7.32 | x |
| 2019-03-31 | Rs0.63 | Rs7.32 | x |
| 2020-03-31 | Rs0.52 | Rs7.32 | x |
| 2021-03-31 | Rs0.62 | Rs7.32 | x |
| 2022-03-31 | Rs1.04 | Rs7.32 | x |
| 2023-03-31 | Rs1.50 | Rs7.32 | x |
| 2024-03-31 | Rs1.86 | Rs7.32 | x |
| 2025-03-31 | Rs1.74 | Rs7.32 | x |
| 2026-03-31 | Rs1.71 | Rs7.32 | 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): 2.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.51%
- • Asset Turnover: 4.32x
- • Equity Multiplier: 1.32x
- Recent ROE (2.93%) is below the historical average (12.20%), 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 | Rs-1.97 Million |
| 2015 | -12.54% | -0.37% | 5.78x | 5.85x | Rs-5.12 Million |
| 2016 | 5.20% | 0.18% | 4.91x | 5.79x | Rs-1.15 Million |
| 2017 | 1.12% | 0.03% | 5.15x | 7.22x | Rs-2.15 Million |
| 2018 | 30.20% | 0.94% | 5.44x | 5.91x | Rs7.75 Million |
| 2019 | 2.59% | 0.22% | 5.58x | 2.15x | Rs-13.19 Million |
| 2020 | 1.95% | 0.07% | 7.44x | 3.56x | Rs-14.55 Million |
| 2021 | 17.11% | 0.61% | 5.70x | 4.91x | Rs15.52 Million |
| 2022 | 42.51% | 1.93% | 7.33x | 3.00x | Rs117.89 Million |
| 2023 | 32.53% | 3.14% | 6.72x | 1.54x | Rs117.98 Million |
| 2024 | 31.50% | 1.85% | 11.19x | 1.52x | Rs138.79 Million |
| 2025 | 1.25% | 0.12% | 8.48x | 1.23x | Rs-54.82 Million |
| 2026 | 2.93% | 0.51% | 4.32x | 1.32x | Rs-45.89 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: $2,768,662,149
- Average return on equity (ROE) among peers: 10.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axita Cotton Limited (AXITA) | Rs649.12 Million | 2.29% | 0.32x | $30.29 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $1.64 Billion | 14.01% | 1.91x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $345.07 Million | 24.78% | 1.28x | $3.32 Million |
| Alok Industries Limited (ALOKINDS) | $10.23 Billion | 16.10% | 3.69x | $640.07 Million |
| Alps Industries Limited (ALPSINDUS) | $-8.30 Billion | 0.00% | 0.00x | $14.51 Million |
| AYM Syntex Limited (AYMSYNTEX) | $4.20 Billion | 1.70% | 1.19x | $159.62 Million |
| Banswara Syntex Limited (BANSWRAS) | $5.59 Billion | 3.96% | 1.14x | $45.78 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $1.65 Billion | 10.33% | 1.72x | $23.22 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.03 Billion | 8.92% | 3.42x | $271.45 Million |
| Cheviot Company Limited (CHEVIOT) | $5.53 Billion | 14.35% | 0.10x | $69.91 Million |
About 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.