Damodar Industries Limited
Damodar Industries Limited manufactures and markets synthetic blended yarns in India. It exports its products to various countries across Europe, South Africa, South America, Australia, Korea, Belgium, Singapore, Italy, Egypt, and the Gulf countries. The company was formerly known as Damodar Threads Limited and changed its name to Damodar Industries Limited in January 2013. Damodar Industries Lim… Read more
Damodar Industries Limited (DAMODARIND) - Net Assets
Latest net assets as of September 2025: ₹1.47 Billion INR
Based on the latest financial reports, Damodar Industries Limited (DAMODARIND) has net assets worth ₹1.47 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.51 Billion) and total liabilities (₹2.04 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 | ₹1.47 Billion |
| % of Total Assets | 41.99% |
| Annual Growth Rate | 12.23% |
| 5-Year Change | 48.66% |
| 10-Year Change | 62.61% |
| Growth Volatility | 14.94 |
Damodar Industries Limited - Net Assets Trend (2008–2025)
This chart illustrates how Damodar Industries 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 Damodar Industries Limited (2008–2025)
The table below shows the annual net assets of Damodar Industries Limited from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.44 Billion | +20.13% |
| 2024-03-31 | ₹1.20 Billion | +4.25% |
| 2023-03-31 | ₹1.15 Billion | -0.39% |
| 2022-03-31 | ₹1.15 Billion | +19.18% |
| 2021-03-31 | ₹968.49 Million | -1.30% |
| 2020-03-31 | ₹981.27 Million | -10.89% |
| 2019-03-31 | ₹1.10 Billion | +4.36% |
| 2018-03-31 | ₹1.06 Billion | +12.67% |
| 2017-03-31 | ₹936.59 Million | +5.78% |
| 2016-03-31 | ₹885.44 Million | +8.29% |
| 2015-03-31 | ₹817.65 Million | +12.36% |
| 2014-03-31 | ₹727.70 Million | +20.30% |
| 2013-03-31 | ₹604.89 Million | +20.05% |
| 2012-03-31 | ₹503.86 Million | +9.28% |
| 2011-03-31 | ₹461.06 Million | +38.14% |
| 2010-03-31 | ₹333.75 Million | +6.59% |
| 2009-03-31 | ₹313.13 Million | +54.66% |
| 2008-03-31 | ₹202.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Damodar 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 grown by 1258.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹839.84 Million | 58.33% |
| Common Stock | ₹116.50 Million | 8.09% |
| Other Comprehensive Income | ₹278.14 Million | 19.32% |
| Other Components | ₹205.30 Million | 14.26% |
| Total Equity | ₹1.44 Billion | 100.00% |
Damodar Industries Limited Competitors by Market Cap
The table below lists competitors of Damodar Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kula Gold Ltd
AU:KGD
|
$1.63 Million |
|
Shuttle Pharmaceuticals Inc
NASDAQ:SHPH
|
$1.63 Million |
|
Sirona Biochem Corp
PINK:SRBCF
|
$1.63 Million |
|
Inca Minerals Ltd
AU:ICG
|
$1.64 Million |
|
Diagnamed Holdings Corp.
PINK:DGNMF
|
$1.63 Million |
|
ARCUS DEVELOPMENT
MU:AJR
|
$1.63 Million |
|
Exemplar REITail Ltd
JSE:EXP
|
$1.63 Million |
|
RENEURON GRP PLC LS-01
F:RQE1
|
$1.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Damodar Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,198,541,000 to 1,439,785,000, a change of 241,244,000 (20.1%).
- Net income of 54,017,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 278,264,000.
- Other factors decreased equity by 91,037,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹54.02 Million | +3.75% |
| Other Comprehensive Income | ₹278.26 Million | +19.33% |
| Other Changes | ₹-91.04 Million | -6.32% |
| Total Change | ₹- | 20.13% |
Book Value vs Market Value Analysis
This analysis compares Damodar 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: 0.37x
- 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 2.64x to 0.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | ₹8.69 | ₹22.90 | x |
| 2009-03-31 | ₹16.07 | ₹22.90 | x |
| 2010-03-31 | ₹17.15 | ₹22.90 | x |
| 2011-03-31 | ₹20.72 | ₹22.90 | x |
| 2012-03-31 | ₹22.64 | ₹22.90 | x |
| 2013-03-31 | ₹27.18 | ₹22.90 | x |
| 2014-03-31 | ₹32.70 | ₹22.90 | x |
| 2015-03-31 | ₹45.93 | ₹22.90 | x |
| 2016-03-31 | ₹39.79 | ₹22.90 | x |
| 2017-03-31 | ₹42.09 | ₹22.90 | x |
| 2018-03-31 | ₹47.42 | ₹22.90 | x |
| 2019-03-31 | ₹49.49 | ₹22.90 | x |
| 2020-03-31 | ₹42.11 | ₹22.90 | x |
| 2021-03-31 | ₹41.57 | ₹22.90 | x |
| 2022-03-31 | ₹49.54 | ₹22.90 | x |
| 2023-03-31 | ₹49.34 | ₹22.90 | x |
| 2024-03-31 | ₹51.44 | ₹22.90 | x |
| 2025-03-31 | ₹61.79 | ₹22.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Damodar 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): 3.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.28%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 2.45x
- Recent ROE (3.75%) is below the historical average (9.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 13.21% | 1.53% | 1.34x | 6.48x | ₹6.50 Million |
| 2009 | 7.82% | 1.21% | 1.39x | 4.65x | ₹-6.84 Million |
| 2010 | 8.91% | 1.23% | 1.53x | 4.74x | ₹-3.63 Million |
| 2011 | 17.80% | 2.13% | 2.19x | 3.81x | ₹35.94 Million |
| 2012 | 11.78% | 1.51% | 2.22x | 3.51x | ₹8.97 Million |
| 2013 | 20.12% | 2.09% | 2.80x | 3.44x | ₹61.23 Million |
| 2014 | 20.31% | 2.01% | 3.21x | 3.15x | ₹75.02 Million |
| 2015 | 14.55% | 2.01% | 2.79x | 2.60x | ₹37.21 Million |
| 2016 | 11.74% | 1.67% | 3.09x | 2.27x | ₹15.40 Million |
| 2017 | 9.47% | 1.26% | 3.29x | 2.28x | ₹-5.01 Million |
| 2018 | 11.10% | 1.80% | 2.20x | 2.80x | ₹11.60 Million |
| 2019 | 7.60% | 1.08% | 1.57x | 4.46x | ₹-26.46 Million |
| 2020 | -7.07% | -0.90% | 1.54x | 5.10x | ₹-167.53 Million |
| 2021 | -6.40% | -1.09% | 1.27x | 4.60x | ₹-158.82 Million |
| 2022 | 15.90% | 2.02% | 2.02x | 3.90x | ₹68.12 Million |
| 2023 | 0.69% | 0.12% | 1.52x | 3.89x | ₹-107.00 Million |
| 2024 | 4.35% | 0.73% | 1.71x | 3.49x | ₹-67.66 Million |
| 2025 | 3.75% | 1.28% | 1.20x | 2.45x | ₹-89.96 Million |
Industry Comparison
This section compares Damodar Industries Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-15,328,366,560
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Damodar Industries Limited (DAMODARIND) | ₹1.47 Billion | 13.21% | 1.38x | $1.63 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 |
| Axita Cotton Limited (AXITA) | $362.65 Million | 42.51% | 2.00x | $21.73 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 |