Dharan Infra-EPC Limited
Dharan Infra-EPC Limited engages in the engineering, procurement, and construction business in India. Its projects include railways, roads, bridges, hydro dams, solar farming, waste to energy, housing, and various ports. The company was formerly known as KBC Global Limited and changed its name to Dharan Infra-EPC Limited in June 2025. The company was founded in 1994 and is based in Nashik, India.
Dharan Infra-EPC Limited (DHARAN) - Net Assets
Latest net assets as of March 2025: ₹8.81 Billion INR
Based on the latest financial reports, Dharan Infra-EPC Limited (DHARAN) has net assets worth ₹8.81 Billion INR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹10.59 Billion) and total liabilities (₹1.77 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 | ₹8.81 Billion |
| % of Total Assets | 83.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | 531.32% |
| 10-Year Change | 2704.82% |
| Growth Volatility | 163.28 |
Dharan Infra-EPC Limited - Net Assets Trend (2013–2025)
This chart illustrates how Dharan Infra-EPC 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 Dharan Infra-EPC Limited (2013–2025)
The table below shows the annual net assets of Dharan Infra-EPC Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹8.81 Billion | +0.63% |
| 2024-03-31 | ₹8.76 Billion | -3.73% |
| 2023-03-31 | ₹9.10 Billion | -2.52% |
| 2022-03-31 | ₹9.33 Billion | +568.52% |
| 2021-03-31 | ₹1.40 Billion | +13.48% |
| 2020-03-31 | ₹1.23 Billion | +19.25% |
| 2019-03-31 | ₹1.03 Billion | +9.48% |
| 2018-03-31 | ₹942.40 Million | +190.30% |
| 2017-03-31 | ₹324.63 Million | +3.29% |
| 2016-03-31 | ₹314.27 Million | +39.36% |
| 2015-03-31 | ₹225.52 Million | +38.70% |
| 2014-03-31 | ₹162.59 Million | +254.38% |
| 2013-03-31 | ₹-105.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dharan Infra-EPC 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 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹2.61 Billion | 29.66% |
| Other Components | ₹6.20 Billion | 70.34% |
| Total Equity | ₹8.81 Billion | 100.00% |
Dharan Infra-EPC Limited Competitors by Market Cap
The table below lists competitors of Dharan Infra-EPC Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suntex Enterprises Inc
PINK:SNTX
|
$13.57 |
|
Newport Gold Inc
PINK:NWPG
|
$13.78 |
|
TRANS-NATIONWIDE EXPRESS PLC
XNSA:TRANSEXPR
|
$13.81 |
|
SUN RESOURCES (RSX.SG)
STU:RSX
|
$13.86 |
|
PRODUCE BUYING COMPANY LTD.
GSE:PBC
|
$13.48 |
|
TANGANDA TEA COMPANY LIMITED
XZIM:TANG
|
$13.36 |
|
NIC HOLDINGS LIMITED
USE:NIC
|
$13.04 |
|
DAAR COMMUNICATIONS PLC
XNSA:DAARCOMM
|
$12.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dharan Infra-EPC Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,814,839,000 to 8,814,839,000, a change of 0 (0.0%).
- Net loss of 383,375,000 reduced equity.
- Other comprehensive income decreased equity by 7,403,053,000.
- Other factors increased equity by 7,786,428,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-383.38 Million | -4.35% |
| Other Comprehensive Income | ₹-7.40 Billion | -83.98% |
| Other Changes | ₹7.79 Billion | +88.33% |
| Total Change | ₹- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Dharan Infra-EPC 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: 0.08x
- 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 1.05x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹0.12 | ₹0.13 | x |
| 2014-03-31 | ₹0.21 | ₹0.13 | x |
| 2015-03-31 | ₹0.37 | ₹0.13 | x |
| 2016-03-31 | ₹0.37 | ₹0.13 | x |
| 2017-03-31 | ₹1.66 | ₹0.13 | x |
| 2018-03-31 | ₹1.36 | ₹0.13 | x |
| 2019-03-31 | ₹1.68 | ₹0.13 | x |
| 2020-03-31 | ₹2.00 | ₹0.13 | x |
| 2021-03-31 | ₹2.27 | ₹0.13 | x |
| 2022-03-31 | ₹15.18 | ₹0.13 | x |
| 2023-03-31 | ₹13.67 | ₹0.13 | x |
| 2024-03-31 | ₹8.04 | ₹0.13 | x |
| 2025-03-31 | ₹1.69 | ₹0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dharan Infra-EPC 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): -4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -213.08%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.20x
- Recent ROE (-4.35%) is below the historical average (12.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.69% | 6.40% | 0.26x | 10.63x | ₹11.76 Million |
| 2014 | 23.29% | 5.35% | 0.25x | 17.65x | ₹17.55 Million |
| 2015 | 28.27% | 14.12% | 0.18x | 11.07x | ₹41.19 Million |
| 2016 | 35.07% | 7.85% | 0.40x | 11.07x | ₹56.55 Million |
| 2017 | 15.66% | 10.46% | 0.50x | 2.98x | ₹47.16 Million |
| 2018 | 15.65% | 12.50% | 0.39x | 3.18x | ₹47.13 Million |
| 2019 | 9.34% | 8.46% | 0.39x | 2.82x | ₹-6.81 Million |
| 2020 | 16.46% | 15.72% | 0.41x | 2.55x | ₹79.53 Million |
| 2021 | 12.36% | 16.97% | 0.31x | 2.34x | ₹32.91 Million |
| 2022 | -0.38% | -3.27% | 0.10x | 1.21x | ₹-968.85 Million |
| 2023 | -4.02% | -162.65% | 0.02x | 1.20x | ₹-1.28 Billion |
| 2024 | -4.15% | -203.28% | 0.02x | 1.20x | ₹-1.25 Billion |
| 2025 | -4.35% | -213.08% | 0.02x | 1.20x | ₹-1.26 Billion |
Industry Comparison
This section compares Dharan Infra-EPC Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $3,404,866,418
- Average return on equity (ROE) among peers: 18.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dharan Infra-EPC Limited (DHARAN) | ₹8.81 Billion | 17.69% | 0.20x | $13.54 |
| AGI Infra Limited (AGIIL) | $2.25 Billion | 23.19% | 3.81x | $32.43K |
| Ajmera Realty & Infra India Limited (AJMERA) | $5.38 Billion | 7.88% | 1.34x | $61.39 Million |
| Alembic Limited (ALEMBICLTD) | $2.31 Billion | 12.80% | 0.54x | $62.26 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.15 Billion | 3.86% | 0.17x | $4.81 Million |
| Anant Raj Limited (ANANTRAJ) | $220.01 Million | 1.30% | 1.07x | $701.37 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $17.89 Billion | 1.14% | 3.15x | $797.78K |
| Arihant Superstructures Limited (ARIHANTSUP) | $2.46 Billion | 12.78% | 3.20x | $37.69 Million |
| Arkade Developers Ltd (ARKADE) | $2.00 Billion | 25.34% | 1.77x | $39.44 Million |
| Art Nirman Limited (ARTNIRMAN) | $372.86 Million | 5.34% | 0.85x | $2.63 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $28.40 Million | 95.23% | 13.74x | $112.65 Million |