DEE Development Eng Ltd (DEEDEV) - Net Assets
Based on the latest financial reports, DEE Development Eng Ltd (DEEDEV) has net assets worth Rs8.90 Billion INR (≈ $96.30 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 (Rs19.24 Billion ≈ $208.04 Million USD) and total liabilities (Rs10.33 Billion ≈ $111.75 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 DEE Development Eng Ltd (DEEDEV) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs8.90 Billion |
| % of Total Assets | 46.29% |
| Annual Growth Rate | 14.41% |
| 5-Year Change | 116.13% |
| 10-Year Change | N/A |
| Growth Volatility | 391.3 |
DEE Development Eng Ltd - Net Assets Trend (2021–2026)
This chart illustrates how DEE Development Eng Ltd's net assets have evolved over time, based on quarterly financial data. Check DEEDEV tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for DEE Development Eng Ltd (2021–2026)
The table below shows the annual net assets of DEE Development Eng Ltd from 2021 to 2026. For live valuation and market cap data, see DEE Development Eng Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs8.90 Billion ≈ $96.30 Million |
-88.88% |
| 2025-03-31 | Rs80.06 Billion ≈ $865.79 Million |
+77.46% |
| 2024-03-31 | Rs45.11 Billion ≈ $487.87 Million |
+964.85% |
| 2023-03-31 | Rs4.24 Billion ≈ $45.82 Million |
+2.83% |
| 2022-03-31 | Rs4.12 Billion ≈ $44.55 Million |
-9.32% |
| 2021-03-31 | Rs4.54 Billion ≈ $49.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DEE Development Eng Ltd'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 | Rs692.63 Million | 7.78% |
| Other Components | Rs8.21 Billion | 92.22% |
| Total Equity | Rs8.90 Billion | 100.00% |
DEE Development Eng Ltd Competitors by Market Cap
The table below lists competitors of DEE Development Eng Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gotland Rederi AB Series A
ST:GOTL-A
|
$518.61 Million |
|
Forth Corporation Public Company Limited
BK:FORTH
|
$518.96 Million |
|
Guangbo Group Stock Co Ltd
SHE:002103
|
$519.12 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
$519.19 Million |
|
Bhakti Multi Artha Pt
JK:BHAT
|
$518.57 Million |
|
PlayAGS Inc
NYSE:AGS
|
$518.40 Million |
|
Loctek Ergonomic Technology Corp Class A
SHE:300729
|
$518.38 Million |
|
GEM Services Inc
TW:6525
|
$518.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DEE Development Eng Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 80,057,240,000 to 8,903,854,000, a change of -71,153,386,000 (-88.9%).
- Net income of 773,567,000 contributed positively to equity growth.
- New share issuances of 2,093,000 increased equity.
- Other factors decreased equity by 71,929,046,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs773.57 Million | +8.69% |
| Share Issuances | Rs2.09 Million | +0.02% |
| Other Changes | Rs-71.93 Billion | -807.84% |
| Total Change | Rs- | -88.88% |
Book Value vs Market Value Analysis
This analysis compares DEE Development Eng Ltd'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: 5.40x
- 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 10.52x to 5.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | Rs65.79 | Rs692.35 | x |
| 2022-03-31 | Rs59.66 | Rs692.35 | x |
| 2023-03-31 | Rs61.35 | Rs692.35 | x |
| 2024-03-31 | Rs653.28 | Rs692.35 | x |
| 2025-03-31 | Rs1219.79 | Rs692.35 | x |
| 2026-03-31 | Rs128.22 | Rs692.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DEE Development Eng Ltd 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): 8.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.77%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.16x
- Recent ROE (8.69%) is above the historical average (5.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 1.99% | 1.81% | 0.54x | 2.05x | Rs-330.01 Million |
| 2023 | 3.06% | 2.21% | 0.61x | 2.28x | Rs-293.92 Million |
| 2024 | 5.81% | 3.37% | 0.64x | 2.68x | Rs-1.89 Billion |
| 2025 | 5.45% | 5.34% | 0.51x | 1.99x | Rs-3.64 Billion |
| 2026 | 8.69% | 6.77% | 0.59x | 2.16x | Rs-116.82 Million |
Industry Comparison
This section compares DEE Development Eng Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,160,720,969
- Average return on equity (ROE) among peers: 18.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DEE Development Eng Ltd (DEEDEV) | Rs8.90 Billion | 1.99% | 1.16x | $518.61 Million |
| Aeroflex Industries Limited (AEROFLEX) | $3.42 Billion | 15.33% | 0.25x | $617.38 Million |
| Alicon Castalloy Limited (ALICON) | $1.43 Billion | 15.52% | 2.55x | $124.16 Million |
| BELL AGROMACHINA ORD T (BSE) (BALUFORGE) | $3.48 Million | 11.68% | 0.19x | $584.00 Million |
| DCM Limited (DCM) | $869.40 Million | 7.00% | 4.01x | $16.90 Million |
| D P Wires Limited (DPWIRES) | $1.91 Billion | 21.42% | 0.31x | $27.54 Million |
| Gandhi Special Tubes Limited (GANDHITUBE) | $1.60 Billion | 9.87% | 0.09x | $115.81 Million |
| Ganga Forging Limited (GANGAFORGE) | $27.26 Million | 22.28% | 2.96x | $2.61 Million |
| Gravita India Limited (GRAVITA) | $293.12 Million | 42.04% | 1.37x | $1.31 Billion |
| Happy Forgings Limited (HAPPYFORGE) | $9.88 Billion | 21.12% | 0.34x | $1.73 Billion |
About DEE Development Eng Ltd
DEE Development Engineers Limited manufactures and sells prefabricated engineering products, pipe fittings, and piping systems in India and internationally. It operates in three segments: Piping, Power, and Heavy Fabrication. The company offers pressure piping systems, piping spools, induction pipe bends, longitudinally submerged arc welding pipes, industrial pipe fittings, pressure vessels, indu… Read more