DiGiSPICE Technologies Limited (DIGISPICE) - Net Assets
Based on the latest financial reports, DiGiSPICE Technologies Limited (DIGISPICE) has net assets worth Rs2.29 Billion INR (≈ $24.77 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.27 Billion ≈ $78.63 Million USD) and total liabilities (Rs4.98 Billion ≈ $53.87 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 DiGiSPICE Technologies Limited (DIGISPICE) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.29 Billion |
| % of Total Assets | 31.49% |
| Annual Growth Rate | 10.78% |
| 5-Year Change | -10.28% |
| 10-Year Change | -35.65% |
| Growth Volatility | 127.22 |
DiGiSPICE Technologies Limited - Net Assets Trend (2006–2025)
This chart illustrates how DiGiSPICE Technologies Limited's net assets have evolved over time, based on quarterly financial data. Also explore DiGiSPICE Technologies Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for DiGiSPICE Technologies Limited (2006–2025)
The table below shows the annual net assets of DiGiSPICE Technologies Limited from 2006 to 2025. For live valuation and market cap data, see market cap of DiGiSPICE Technologies Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.16 Billion ≈ $23.41 Million |
-12.32% |
| 2024-03-31 | Rs2.47 Billion ≈ $26.70 Million |
+5.94% |
| 2023-03-31 | Rs2.33 Billion ≈ $25.21 Million |
-7.99% |
| 2022-03-31 | Rs2.53 Billion ≈ $27.39 Million |
+4.98% |
| 2021-03-31 | Rs2.41 Billion ≈ $26.09 Million |
+3.70% |
| 2020-03-31 | Rs2.33 Billion ≈ $25.16 Million |
-22.38% |
| 2019-03-31 | Rs3.00 Billion ≈ $32.42 Million |
+3.34% |
| 2018-03-31 | Rs2.90 Billion ≈ $31.37 Million |
+7.21% |
| 2017-03-31 | Rs2.71 Billion ≈ $29.26 Million |
-19.56% |
| 2016-03-31 | Rs3.36 Billion ≈ $36.38 Million |
-17.31% |
| 2015-03-31 | Rs4.07 Billion ≈ $44.00 Million |
-43.23% |
| 2014-03-31 | Rs7.17 Billion ≈ $77.50 Million |
-7.89% |
| 2013-03-31 | Rs7.78 Billion ≈ $84.14 Million |
-7.67% |
| 2012-03-31 | Rs8.43 Billion ≈ $91.13 Million |
-3.80% |
| 2011-03-31 | Rs8.76 Billion ≈ $94.74 Million |
+553.21% |
| 2010-03-31 | Rs1.34 Billion ≈ $14.50 Million |
+74.85% |
| 2009-03-31 | Rs766.97 Million ≈ $8.29 Million |
-1.71% |
| 2008-03-31 | Rs780.29 Million ≈ $8.44 Million |
+15.97% |
| 2007-03-31 | Rs672.86 Million ≈ $7.28 Million |
+117.57% |
| 2006-03-31 | Rs309.27 Million ≈ $3.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DiGiSPICE Technologies 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 51005100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs510.05 Million | 24.00% |
| Common Stock | Rs622.66 Million | 29.30% |
| Other Comprehensive Income | Rs718.40 Million | 33.80% |
| Other Components | Rs274.18 Million | 12.90% |
| Total Equity | Rs2.13 Billion | 100.00% |
DiGiSPICE Technologies Limited Competitors by Market Cap
The table below lists competitors of DiGiSPICE Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Topmix Berhad
KLSE:0302
|
$46.97 Million |
|
SolTech Energy Sweden AB
ST:SOLT
|
$46.98 Million |
|
Nutriband Inc
NASDAQ:NTRB
|
$47.00 Million |
|
Perusahaan Sadur Timah Malaysia Perstima Bhd
KLSE:5436
|
$47.00 Million |
|
Madusari Murni Indah Tbk PT
JK:MOLI
|
$46.93 Million |
|
Hojeon Ltd
KO:111110
|
$46.93 Million |
|
Advanced Lithium Electrochemistry Cayman Co Ltd
TWO:5227
|
$46.92 Million |
|
Svolder AB (publ)
ST:SVOL-A
|
$46.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DiGiSPICE Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,454,043,000 to 2,125,289,000, a change of -328,754,000 (-13.4%).
- Net loss of 391,395,000 reduced equity.
- Share repurchases of 4,200,000 reduced equity.
- New share issuances of 18,546,000 increased equity.
- Other comprehensive income increased equity by 27,438,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-391.39 Million | -18.42% |
| Share Repurchases | Rs4.20 Million | -0.2% |
| Share Issuances | Rs18.55 Million | +0.87% |
| Other Comprehensive Income | Rs27.44 Million | +1.29% |
| Other Changes | Rs20.86 Million | +0.98% |
| Total Change | Rs- | -13.40% |
Book Value vs Market Value Analysis
This analysis compares DiGiSPICE Technologies 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: 2.28x
- 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 2.51x to 2.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs8.29 | Rs20.84 | x |
| 2007-03-31 | Rs15.82 | Rs20.84 | x |
| 2008-03-31 | Rs10.45 | Rs20.84 | x |
| 2009-03-31 | Rs10.28 | Rs20.84 | x |
| 2010-03-31 | Rs11.61 | Rs20.84 | x |
| 2011-03-31 | Rs34.46 | Rs20.84 | x |
| 2012-03-31 | Rs33.02 | Rs20.84 | x |
| 2013-03-31 | Rs31.37 | Rs20.84 | x |
| 2014-03-31 | Rs29.64 | Rs20.84 | x |
| 2015-03-31 | Rs16.40 | Rs20.84 | x |
| 2016-03-31 | Rs13.24 | Rs20.84 | x |
| 2017-03-31 | Rs12.25 | Rs20.84 | x |
| 2018-03-31 | Rs12.15 | Rs20.84 | x |
| 2019-03-31 | Rs12.49 | Rs20.84 | x |
| 2020-03-31 | Rs11.08 | Rs20.84 | x |
| 2021-03-31 | Rs11.48 | Rs20.84 | x |
| 2022-03-31 | Rs11.93 | Rs20.84 | x |
| 2023-03-31 | Rs10.02 | Rs20.84 | x |
| 2024-03-31 | Rs10.59 | Rs20.84 | x |
| 2025-03-31 | Rs9.12 | Rs20.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DiGiSPICE Technologies 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): -18.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.27%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 3.35x
- Recent ROE (-18.42%) is below the historical average (-4.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 13.49% | 3.59% | 1.58x | 2.38x | Rs10.79 Million |
| 2007 | 3.55% | 1.25% | 1.75x | 1.62x | Rs-43.42 Million |
| 2008 | 18.80% | 5.15% | 1.85x | 1.98x | Rs68.70 Million |
| 2009 | 1.34% | 0.15% | 3.88x | 2.25x | Rs-66.44 Million |
| 2010 | 52.58% | 6.78% | 2.50x | 3.10x | Rs570.98 Million |
| 2011 | 13.62% | 5.57% | 1.63x | 1.50x | Rs297.10 Million |
| 2012 | -1.03% | -0.37% | 1.80x | 1.55x | Rs-867.52 Million |
| 2013 | 0.73% | 0.29% | 1.68x | 1.49x | Rs-692.45 Million |
| 2014 | -4.12% | -1.33% | 1.97x | 1.57x | Rs-965.51 Million |
| 2015 | -86.53% | -15.17% | 2.53x | 2.25x | Rs-3.61 Billion |
| 2016 | -24.47% | -4.12% | 2.59x | 2.29x | Rs-1.04 Billion |
| 2017 | -12.79% | -4.01% | 1.63x | 1.96x | Rs-635.88 Million |
| 2018 | -27.61% | -27.26% | 0.63x | 1.60x | Rs-1.04 Billion |
| 2019 | 3.22% | 2.44% | 0.71x | 1.86x | Rs-192.99 Million |
| 2020 | -24.02% | -13.20% | 0.97x | 1.87x | Rs-761.00 Million |
| 2021 | 4.82% | 1.61% | 1.34x | 2.23x | Rs-123.14 Million |
| 2022 | 2.19% | 0.55% | 1.41x | 2.83x | Rs-193.02 Million |
| 2023 | -8.88% | -4.77% | 0.61x | 3.05x | Rs-437.86 Million |
| 2024 | 4.76% | 2.66% | 0.68x | 2.65x | Rs-128.66 Million |
| 2025 | -18.42% | -8.27% | 0.66x | 3.35x | Rs-603.92 Million |
Industry Comparison
This section compares DiGiSPICE Technologies Limited's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $39,471,486,105
- Average return on equity (ROE) among peers: 14.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DiGiSPICE Technologies Limited (DIGISPICE) | Rs2.29 Billion | 13.49% | 2.18x | $46.97 Million |
| Aditya Birla Capital Limited (ABCAPITAL) | $52.25 Billion | 7.28% | 4.75x | $9.79 Billion |
| Bajaj Finserv Limited (BAJAJFINSV) | $35.29 Billion | 15.84% | 10.18x | $30.19 Billion |
| Crest Ventures Limited (CREST) | $11.35 Billion | 5.30% | 0.21x | $111.87 Million |
| Edelweiss Financial Services Limited (EDELWEISS) | $24.71 Billion | 9.91% | 1.39x | $1.17 Billion |
| IL&FS Investment Managers Limited (IVC) | $709.30 Million | 45.03% | 0.93x | $27.17 Million |
| Piramal Enterprises Limited (PEL) | $112.52 Billion | 0.99% | 0.31x | $2.74 Billion |
About DiGiSPICE Technologies Limited
DiGiSPICE Technologies Limited engages in the provision of tech-enabled local payments network services in India and internationally. Its platform, Spice Money, which offers cash-in/cash-out, mini-ATM transactions, and e-KYC-based account openings to money transfers, credit and loan services, insurance, and bill payments, as well as collection services, and current and savings accounts. The compa… Read more