Cords Cable Industries Limited (CORDSCABLE) - Net Assets
Based on the latest financial reports, Cords Cable Industries Limited (CORDSCABLE) has net assets worth Rs2.02 Billion INR (≈ $21.82 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 (Rs4.90 Billion ≈ $52.99 Million USD) and total liabilities (Rs2.88 Billion ≈ $31.18 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 CORDSCABLE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.02 Billion |
| % of Total Assets | 41.17% |
| Annual Growth Rate | 20.19% |
| 5-Year Change | 32.65% |
| 10-Year Change | 64.14% |
| Growth Volatility | 155.22 |
Cords Cable Industries Limited - Net Assets Trend (2005–2026)
This chart illustrates how Cords Cable Industries Limited's net assets have evolved over time, based on quarterly financial data. See Cords Cable Industries Limited (CORDSCABLE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Cords Cable Industries Limited (2005–2026)
The table below shows the annual net assets of Cords Cable Industries Limited from 2005 to 2026. For live valuation and market cap data, see market value of Cords Cable Industries Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs2.02 Billion ≈ $21.82 Million |
+10.54% |
| 2025-03-31 | Rs1.82 Billion ≈ $19.74 Million |
+7.83% |
| 2024-03-31 | Rs1.69 Billion ≈ $18.30 Million |
+6.30% |
| 2023-03-31 | Rs1.59 Billion ≈ $17.22 Million |
+4.69% |
| 2022-03-31 | Rs1.52 Billion ≈ $16.45 Million |
+4.36% |
| 2021-03-31 | Rs1.46 Billion ≈ $15.76 Million |
+3.13% |
| 2020-03-31 | Rs1.41 Billion ≈ $15.28 Million |
+4.97% |
| 2019-03-31 | Rs1.35 Billion ≈ $14.56 Million |
+5.79% |
| 2018-03-31 | Rs1.27 Billion ≈ $13.76 Million |
+3.54% |
| 2017-03-31 | Rs1.23 Billion ≈ $13.29 Million |
+4.12% |
| 2016-03-31 | Rs1.18 Billion ≈ $12.77 Million |
+8.62% |
| 2015-03-31 | Rs1.09 Billion ≈ $11.75 Million |
+1.97% |
| 2014-03-31 | Rs1.07 Billion ≈ $11.53 Million |
+1.76% |
| 2013-03-31 | Rs1.05 Billion ≈ $11.33 Million |
+5.96% |
| 2012-03-31 | Rs988.36 Million ≈ $10.69 Million |
+7.50% |
| 2011-03-31 | Rs919.43 Million ≈ $9.94 Million |
+6.20% |
| 2010-03-31 | Rs865.72 Million ≈ $9.36 Million |
+3.40% |
| 2009-03-31 | Rs837.23 Million ≈ $9.05 Million |
+7.43% |
| 2008-03-31 | Rs779.33 Million ≈ $8.43 Million |
+3.61% |
| 2007-03-31 | Rs752.17 Million ≈ $8.13 Million |
+731.53% |
| 2006-03-31 | Rs90.46 Million ≈ $978.25K |
+113.36% |
| 2005-03-31 | Rs42.40 Million ≈ $458.50K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cords Cable Industries 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs129.28 Million | 6.41% |
| Other Components | Rs1.89 Billion | 93.59% |
| Total Equity | Rs2.02 Billion | 100.00% |
Cords Cable Industries Limited Competitors by Market Cap
The table below lists competitors of Cords Cable Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mount Logan Capital Inc. Common Stock
NASDAQ:MLCI
|
$31.10 Million |
|
Unifin Financiera S. A. B. de C. V
MX:UNIFINA
|
$31.11 Million |
|
Salomon A Angel Ltd
TA:ANGL
|
$31.11 Million |
|
Daesung Private Equity Inc
KQ:027830
|
$31.12 Million |
|
Synel M.L.L Payway Ltd
TA:SNEL
|
$31.10 Million |
|
Battalion Oil Corp
NYSE MKT:BATL
|
$31.10 Million |
|
Genoway
PA:ALGEN
|
$31.09 Million |
|
Yoo Sung Ent
KO:002920
|
$31.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cords Cable Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,824,873,000 to 2,017,285,000, a change of 192,412,000 (10.5%).
- Net income of 206,433,000 contributed positively to equity growth.
- Dividend payments of 12,928,000 reduced retained earnings.
- Other comprehensive income decreased equity by 36,989,999.
- Other factors increased equity by 35,896,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs206.43 Million | +10.23% |
| Dividends Paid | Rs12.93 Million | -0.64% |
| Other Comprehensive Income | Rs-36.99 Million | -1.83% |
| Other Changes | Rs35.90 Million | +1.78% |
| Total Change | Rs- | 10.54% |
Book Value vs Market Value Analysis
This analysis compares Cords Cable Industries 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: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 28.78x to 1.43x 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 | Rs7.73 | Rs222.48 | x |
| 2006-03-31 | Rs16.49 | Rs222.48 | x |
| 2007-03-31 | Rs113.31 | Rs222.48 | x |
| 2008-03-31 | Rs95.21 | Rs222.48 | x |
| 2009-03-31 | Rs73.26 | Rs222.48 | x |
| 2010-03-31 | Rs75.76 | Rs222.48 | x |
| 2011-03-31 | Rs80.46 | Rs222.48 | x |
| 2012-03-31 | Rs86.49 | Rs222.48 | x |
| 2013-03-31 | Rs91.64 | Rs222.48 | x |
| 2014-03-31 | Rs93.26 | Rs222.48 | x |
| 2015-03-31 | Rs95.10 | Rs222.48 | x |
| 2016-03-31 | Rs101.54 | Rs222.48 | x |
| 2017-03-31 | Rs95.07 | Rs222.48 | x |
| 2018-03-31 | Rs98.44 | Rs222.48 | x |
| 2019-03-31 | Rs104.13 | Rs222.48 | x |
| 2020-03-31 | Rs109.30 | Rs222.48 | x |
| 2021-03-31 | Rs112.72 | Rs222.48 | x |
| 2022-03-31 | Rs117.63 | Rs222.48 | x |
| 2023-03-31 | Rs123.15 | Rs222.48 | x |
| 2024-03-31 | Rs130.91 | Rs222.48 | x |
| 2025-03-31 | Rs140.87 | Rs222.48 | x |
| 2026-03-31 | Rs155.18 | Rs222.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cords Cable Industries 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): 10.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.16%
- • Asset Turnover: 1.95x
- • Equity Multiplier: 2.43x
- Recent ROE (10.23%) is above the historical average (8.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 30.38% | 3.16% | 2.28x | 4.22x | Rs8.64 Million |
| 2006 | 32.43% | 5.60% | 1.86x | 3.11x | Rs20.29 Million |
| 2007 | 9.32% | 7.65% | 0.77x | 1.59x | Rs-5.15 Million |
| 2008 | 17.66% | 8.05% | 1.12x | 1.96x | Rs59.68 Million |
| 2009 | 8.51% | 3.21% | 1.27x | 2.08x | Rs-12.45 Million |
| 2010 | 4.84% | 1.90% | 1.03x | 2.48x | Rs-44.71 Million |
| 2011 | 5.84% | 1.85% | 1.03x | 3.04x | Rs-38.23 Million |
| 2012 | 5.43% | 1.42% | 1.27x | 3.00x | Rs-45.21 Million |
| 2013 | 5.81% | 1.58% | 1.34x | 2.75x | Rs-43.92 Million |
| 2014 | 1.91% | 0.77% | 0.93x | 2.65x | Rs-86.23 Million |
| 2015 | 2.49% | 1.02% | 0.93x | 2.61x | Rs-81.66 Million |
| 2016 | 2.63% | 1.10% | 1.00x | 2.40x | Rs-86.98 Million |
| 2017 | 4.09% | 1.56% | 1.16x | 2.27x | Rs-72.58 Million |
| 2018 | 4.92% | 1.71% | 1.28x | 2.25x | Rs-64.64 Million |
| 2019 | 5.46% | 1.76% | 1.35x | 2.30x | Rs-61.08 Million |
| 2020 | 7.55% | 2.53% | 1.34x | 2.23x | Rs-34.63 Million |
| 2021 | 2.99% | 1.35% | 1.10x | 2.02x | Rs-102.17 Million |
| 2022 | 4.19% | 1.45% | 1.35x | 2.13x | Rs-88.42 Million |
| 2023 | 4.53% | 1.37% | 1.56x | 2.11x | Rs-87.01 Million |
| 2024 | 5.95% | 1.60% | 1.74x | 2.14x | Rs-68.53 Million |
| 2025 | 8.04% | 1.85% | 1.89x | 2.30x | Rs-35.79 Million |
| 2026 | 10.23% | 2.16% | 1.95x | 2.43x | Rs4.70 Million |
Industry Comparison
This section compares Cords Cable Industries Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $12,448,936,932
- Average return on equity (ROE) among peers: 7.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cords Cable Industries Limited (CORDSCABLE) | Rs2.02 Billion | 30.38% | 1.43x | $31.10 Million |
| Apar Industries Limited (APARINDS) | $5.24 Billion | 13.93% | 4.40x | $6.87 Billion |
| Amara Raja Batteries Limited (ARE&M) | $45.52 Billion | 11.26% | 0.40x | $1.69 Billion |
| Bharat Bijlee Limited (BBL) | $9.72 Billion | 2.68% | 0.52x | $341.18 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $36.27 Billion | 10.30% | 1.42x | $16.26 Billion |
| De Nora India Limited (DENORA) | $251.86 Million | 20.04% | 0.48x | $47.87 Million |
| Dynamic Cables Limited (DYCL) | $202.49 Million | 12.53% | 5.58x | $192.09 Million |
| Elin Electronics Limited (ELIN) | $4.93 Billion | 5.44% | 0.49x | $57.09 Million |
| Eveready Industries India Limited (EVEREADY) | $3.76 Billion | 12.72% | 2.21x | $281.06 Million |
| Exicom Tele-Systems Limited (EXICOM) | $6.14 Billion | -17.93% | 1.72x | $252.91 Million |
About Cords Cable Industries Limited
Cords Cable Industries Limited engages in the design, development, manufacture, and sale of power, control, instrumentation, thermocouple extension/compensating, and communication cables in India. It offers cables, such as fieldbus, fire survival, EPR, low temperature, fire retardant low smoke, low smoke zero halogen, oil and gas, water desalination and special custom-designed hybrid, and PV sola… Read more