Damodar Industries Limited (DAMODARIND) - Net Assets
Based on the latest financial reports, Damodar Industries Limited (DAMODARIND) has net assets worth Rs1.48 Billion INR (≈ $15.99 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 (Rs3.42 Billion ≈ $37.01 Million USD) and total liabilities (Rs1.94 Billion ≈ $21.01 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 Damodar Industries Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.48 Billion |
| % of Total Assets | 43.22% |
| Annual Growth Rate | 11.68% |
| 5-Year Change | 28.12% |
| 10-Year Change | 57.89% |
| Growth Volatility | 14.72 |
Damodar Industries Limited - Net Assets Trend (2008–2026)
This chart illustrates how Damodar Industries Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Damodar Industries Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Damodar Industries Limited (2008–2026)
The table below shows the annual net assets of Damodar Industries Limited from 2008 to 2026. For live valuation and market cap data, see DAMODARIND stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.48 Billion ≈ $15.99 Million |
+2.71% |
| 2025-03-31 | Rs1.44 Billion ≈ $15.57 Million |
+20.13% |
| 2024-03-31 | Rs1.20 Billion ≈ $12.96 Million |
+4.25% |
| 2023-03-31 | Rs1.15 Billion ≈ $12.43 Million |
-0.39% |
| 2022-03-31 | Rs1.15 Billion ≈ $12.48 Million |
+19.18% |
| 2021-03-31 | Rs968.49 Million ≈ $10.47 Million |
-1.30% |
| 2020-03-31 | Rs981.27 Million ≈ $10.61 Million |
-10.89% |
| 2019-03-31 | Rs1.10 Billion ≈ $11.91 Million |
+4.36% |
| 2018-03-31 | Rs1.06 Billion ≈ $11.41 Million |
+12.67% |
| 2017-03-31 | Rs936.59 Million ≈ $10.13 Million |
+5.78% |
| 2016-03-31 | Rs885.44 Million ≈ $9.58 Million |
+8.29% |
| 2015-03-31 | Rs817.65 Million ≈ $8.84 Million |
+12.36% |
| 2014-03-31 | Rs727.70 Million ≈ $7.87 Million |
+20.30% |
| 2013-03-31 | Rs604.89 Million ≈ $6.54 Million |
+20.05% |
| 2012-03-31 | Rs503.86 Million ≈ $5.45 Million |
+9.28% |
| 2011-03-31 | Rs461.06 Million ≈ $4.99 Million |
+38.14% |
| 2010-03-31 | Rs333.75 Million ≈ $3.61 Million |
+6.59% |
| 2009-03-31 | Rs313.13 Million ≈ $3.39 Million |
+54.66% |
| 2008-03-31 | Rs202.46 Million ≈ $2.19 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 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 | Rs116.50 Million | 7.88% |
| Other Components | Rs1.36 Billion | 92.12% |
| Total Equity | Rs1.48 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 |
|---|---|
|
ERWE Immobilien AG
F:ERWE
|
$7.64 Million |
|
Equity Story Group Ltd
AU:EQS
|
$7.64 Million |
|
Morgan Advanced Materials plc
LSE:MGAM
|
$7.65 Million |
|
DIGIDRIVE DISTRIBUTORS LTD
NSE:DIGIDRIVE
|
$7.65 Million |
|
Immuron Ltd
AU:IMC
|
$7.63 Million |
|
Anglo-Eastern Plantations PLC
LSE:AEP
|
$7.63 Million |
|
Eagle Mountain Mining Ltd
AU:EM2
|
$7.62 Million |
|
JATCORP LTD.
F:3J2
|
$7.62 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 2025 to 2026, total equity changed from 1,439,785,000 to 1,478,748,000, a change of 38,963,000 (2.7%).
- Net income of 53,724,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 278,139,000.
- Other factors increased equity by 263,378,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs53.72 Million | +3.63% |
| Other Comprehensive Income | Rs-278.14 Million | -18.81% |
| Other Changes | Rs263.38 Million | +17.81% |
| Total Change | Rs- | 2.71% |
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: 0.48x
- 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 3.49x to 0.48x 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 | Rs8.69 | Rs30.31 | x |
| 2009-03-31 | Rs16.07 | Rs30.31 | x |
| 2010-03-31 | Rs17.15 | Rs30.31 | x |
| 2011-03-31 | Rs20.72 | Rs30.31 | x |
| 2012-03-31 | Rs22.64 | Rs30.31 | x |
| 2013-03-31 | Rs27.18 | Rs30.31 | x |
| 2014-03-31 | Rs32.70 | Rs30.31 | x |
| 2015-03-31 | Rs45.93 | Rs30.31 | x |
| 2016-03-31 | Rs39.79 | Rs30.31 | x |
| 2017-03-31 | Rs42.09 | Rs30.31 | x |
| 2018-03-31 | Rs47.42 | Rs30.31 | x |
| 2019-03-31 | Rs49.49 | Rs30.31 | x |
| 2020-03-31 | Rs42.11 | Rs30.31 | x |
| 2021-03-31 | Rs41.57 | Rs30.31 | x |
| 2022-03-31 | Rs49.54 | Rs30.31 | x |
| 2023-03-31 | Rs49.34 | Rs30.31 | x |
| 2024-03-31 | Rs51.44 | Rs30.31 | x |
| 2025-03-31 | Rs61.79 | Rs30.31 | x |
| 2026-03-31 | Rs63.58 | Rs30.31 | 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): 3.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.25%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.31x
- Recent ROE (3.63%) is below the historical average (8.91%), 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 | Rs6.50 Million |
| 2009 | 7.82% | 1.21% | 1.39x | 4.65x | Rs-6.84 Million |
| 2010 | 8.91% | 1.23% | 1.53x | 4.74x | Rs-3.63 Million |
| 2011 | 17.80% | 2.13% | 2.19x | 3.81x | Rs35.94 Million |
| 2012 | 11.78% | 1.51% | 2.22x | 3.51x | Rs8.97 Million |
| 2013 | 20.12% | 2.09% | 2.80x | 3.44x | Rs61.23 Million |
| 2014 | 20.31% | 2.01% | 3.21x | 3.15x | Rs75.02 Million |
| 2015 | 14.55% | 2.01% | 2.79x | 2.60x | Rs37.21 Million |
| 2016 | 11.74% | 1.67% | 3.09x | 2.27x | Rs15.40 Million |
| 2017 | 9.47% | 1.26% | 3.29x | 2.28x | Rs-5.01 Million |
| 2018 | 11.10% | 1.80% | 2.20x | 2.80x | Rs11.60 Million |
| 2019 | 7.60% | 1.08% | 1.57x | 4.46x | Rs-26.46 Million |
| 2020 | -7.07% | -0.90% | 1.54x | 5.10x | Rs-167.53 Million |
| 2021 | -6.40% | -1.09% | 1.27x | 4.60x | Rs-158.82 Million |
| 2022 | 15.90% | 2.02% | 2.02x | 3.90x | Rs68.12 Million |
| 2023 | 0.69% | 0.12% | 1.52x | 3.89x | Rs-107.00 Million |
| 2024 | 4.35% | 0.73% | 1.71x | 3.49x | Rs-67.66 Million |
| 2025 | 3.75% | 1.28% | 1.20x | 2.45x | Rs-89.96 Million |
| 2026 | 3.63% | 1.25% | 1.26x | 2.31x | Rs-94.15 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: $-13,802,160,900
- Average return on equity (ROE) among peers: 8.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Damodar Industries Limited (DAMODARIND) | Rs1.48 Billion | 13.21% | 1.31x | $7.64 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $1.99 Billion | 16.83% | 1.89x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $350.14 Million | -16.37% | 1.12x | $3.83 Million |
| Alok Industries Limited (ALOKINDS) | $-146.17 Billion | 0.00% | 0.00x | $692.69 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.14 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $23.98 Million | 5.20% | 4.79x | $31.87 Million |
| AYM Syntex Limited (AYMSYNTEX) | $1.46 Billion | 29.21% | 1.99x | $139.01 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.16 Billion | 12.00% | 4.16x | $48.22 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $1.51 Billion | 10.39% | 0.71x | $21.51 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.65 Billion | 13.20% | 1.47x | $299.10 Million |
| Cheviot Company Limited (CHEVIOT) | $3.14 Billion | 9.78% | 0.13x | $70.28 Million |
About 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