DPSC Limited
India Power Corporation Limited, together with its subsidiaries, engages in the generation and distribution of electricity in India. The company operates 24.8 MW of wind assets in Gujarat; 2 MW of solar asset in West Bengal; and 12 MW thermal power plants in Asansol, West Bengal. It serves government establishments, industrial houses, railways, and domestic consumers. The company was formerly kno… Read more
DPSC Limited (DPSCLTD) - Net Assets
Latest net assets as of September 2025: ₹8.84 Billion INR
Based on the latest financial reports, DPSC Limited (DPSCLTD) has net assets worth ₹8.84 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 (₹18.19 Billion) and total liabilities (₹9.35 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 | ₹8.84 Billion |
| % of Total Assets | 48.62% |
| Annual Growth Rate | 15.21% |
| 5-Year Change | -46.36% |
| 10-Year Change | -17.28% |
| Growth Volatility | 175.78 |
DPSC Limited - Net Assets Trend (2009–2025)
This chart illustrates how DPSC 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 DPSC Limited (2009–2025)
The table below shows the annual net assets of DPSC Limited from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹8.80 Billion | -13.43% |
| 2024-03-31 | ₹10.16 Billion | +1.05% |
| 2023-03-31 | ₹10.06 Billion | -26.50% |
| 2022-03-31 | ₹13.68 Billion | -16.57% |
| 2021-03-31 | ₹16.40 Billion | +1.40% |
| 2020-03-31 | ₹16.17 Billion | +39.47% |
| 2019-03-31 | ₹11.60 Billion | -77.82% |
| 2018-03-31 | ₹52.28 Billion | +365.22% |
| 2017-03-31 | ₹11.24 Billion | +5.65% |
| 2016-03-31 | ₹10.64 Billion | +3.19% |
| 2015-03-31 | ₹10.31 Billion | +2.67% |
| 2014-03-31 | ₹10.04 Billion | +2.83% |
| 2013-03-31 | ₹9.76 Billion | +640.32% |
| 2012-03-31 | ₹1.32 Billion | +11.34% |
| 2011-03-31 | ₹1.18 Billion | +12.69% |
| 2010-03-31 | ₹1.05 Billion | +15.03% |
| 2009-03-31 | ₹913.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DPSC 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 3582.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹9.85 Billion | 111.93% |
| Common Stock | ₹973.79 Million | 11.07% |
| Other Comprehensive Income | ₹-2.02 Billion | -23.00% |
| Total Equity | ₹8.80 Billion | 100.00% |
DPSC Limited Competitors by Market Cap
The table below lists competitors of DPSC Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cengild Medical Berhad
KLSE:0243
|
$11.79 Million |
|
Mundoro Capital Inc
OTCQB:MUNMF
|
$11.79 Million |
|
Vipul Limited
NSE:VIPULLTD
|
$11.79 Million |
|
Openknowl Co.,Ltd.
KQ:440320
|
$11.79 Million |
|
Spencer's Retail Limited
NSE:SPENCERS
|
$11.78 Million |
|
SOC D'EXP VIOR
F:VL5
|
$11.78 Million |
|
Abliva AB (publ)
PINK:NEVPF
|
$11.77 Million |
|
Elsoft Research Bhd
KLSE:0090
|
$11.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DPSC Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,163,066,000 to 8,798,365,000, a change of -1,364,701,000 (-13.4%).
- Net income of 70,298,000 contributed positively to equity growth.
- Dividend payments of 22,884,000 reduced retained earnings.
- Other comprehensive income decreased equity by 9,279,805,999.
- Other factors increased equity by 7,867,690,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹70.30 Million | +0.8% |
| Dividends Paid | ₹22.88 Million | -0.26% |
| Other Comprehensive Income | ₹-9.28 Billion | -105.47% |
| Other Changes | ₹7.87 Billion | +89.42% |
| Total Change | ₹- | -13.43% |
Book Value vs Market Value Analysis
This analysis compares DPSC 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: 0.90x
- 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 8.67x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | ₹0.94 | ₹8.14 | x |
| 2010-03-31 | ₹1.08 | ₹8.14 | x |
| 2011-03-31 | ₹1.13 | ₹8.14 | x |
| 2012-03-31 | ₹1.29 | ₹8.14 | x |
| 2013-03-31 | ₹10.03 | ₹8.14 | x |
| 2014-03-31 | ₹6.36 | ₹8.14 | x |
| 2015-03-31 | ₹6.53 | ₹8.14 | x |
| 2016-03-31 | ₹6.74 | ₹8.14 | x |
| 2017-03-31 | ₹7.12 | ₹8.14 | x |
| 2018-03-31 | ₹31.86 | ₹8.14 | x |
| 2019-03-31 | ₹7.35 | ₹8.14 | x |
| 2020-03-31 | ₹10.25 | ₹8.14 | x |
| 2021-03-31 | ₹10.39 | ₹8.14 | x |
| 2022-03-31 | ₹8.67 | ₹8.14 | x |
| 2023-03-31 | ₹6.37 | ₹8.14 | x |
| 2024-03-31 | ₹10.44 | ₹8.14 | x |
| 2025-03-31 | ₹9.04 | ₹8.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DPSC 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): 0.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.13%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.07x
- Recent ROE (0.80%) is below the historical average (4.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 8.28% | 2.00% | 1.53x | 2.71x | ₹-15.69 Million |
| 2010 | 13.11% | 3.36% | 1.56x | 2.51x | ₹32.70 Million |
| 2011 | 4.70% | 1.27% | 1.00x | 3.69x | ₹-58.50 Million |
| 2012 | 9.32% | 2.18% | 1.05x | 4.07x | ₹-8.62 Million |
| 2013 | 2.83% | 4.25% | 0.43x | 1.54x | ₹-700.51 Million |
| 2014 | 2.86% | 4.14% | 0.41x | 1.71x | ₹-716.79 Million |
| 2015 | 2.41% | 3.46% | 0.37x | 1.86x | ₹-782.50 Million |
| 2016 | 3.19% | 4.63% | 0.30x | 2.26x | ₹-724.93 Million |
| 2017 | 15.58% | 22.71% | 0.33x | 2.10x | ₹627.48 Million |
| 2018 | 0.39% | 2.82% | 0.07x | 1.99x | ₹-4.83 Billion |
| 2019 | 1.40% | 3.36% | 0.22x | 1.93x | ₹-997.43 Million |
| 2020 | 0.82% | 2.77% | 0.19x | 1.59x | ₹-1.49 Billion |
| 2021 | 1.60% | 5.14% | 0.20x | 1.53x | ₹-1.38 Billion |
| 2022 | 1.12% | 2.81% | 0.24x | 1.68x | ₹-1.21 Billion |
| 2023 | 1.57% | 2.54% | 0.31x | 2.01x | ₹-847.40 Million |
| 2024 | 1.69% | 2.64% | 0.32x | 2.03x | ₹-844.48 Million |
| 2025 | 0.80% | 1.13% | 0.34x | 2.07x | ₹-809.54 Million |
Industry Comparison
This section compares DPSC Limited's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $240,910,193,324
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DPSC Limited (DPSCLTD) | ₹8.84 Billion | 8.28% | 1.06x | $11.79 Million |
| BAJEL PROJECTS LTD (BAJEL) | $6.66 Billion | 2.32% | 2.11x | $28.31 Million |
| CESC Limited (CESC) | $45.37 Billion | 5.89% | 0.97x | $1.21 Billion |
| Energy Development Company Limited (ENERGYDEV) | $3.28 Billion | -4.25% | 0.50x | $3.40 Million |
| Gujarat Industries Power Company Limited (GIPCL) | $17.56 Billion | 10.59% | 0.70x | $83.34 Million |
| NLC India Limited (NLCINDIA) | $138.71 Billion | 10.87% | 2.26x | $997.91 Million |
| NTPC Limited (NTPC) | $1.05 Trillion | 10.09% | 1.63x | $19.17 Billion |
| Power Grid Corporation of India Limited (POWERGRID) | $429.68 Billion | 14.00% | 3.23x | $14.91 Billion |