DRC Systems India Limited (DRCSYSTEMS) - Net Assets
Based on the latest financial reports, DRC Systems India Limited (DRCSYSTEMS) has net assets worth Rs775.23 Million INR (≈ $8.38 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 (Rs1.18 Billion ≈ $12.78 Million USD) and total liabilities (Rs406.32 Million ≈ $4.39 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 tangible equity quality of DRC Systems India Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs775.23 Million |
| % of Total Assets | 65.61% |
| Annual Growth Rate | 61.62% |
| 5-Year Change | 1032.72% |
| 10-Year Change | N/A |
| Growth Volatility | 135.83 |
DRC Systems India Limited - Net Assets Trend (2018–2025)
This chart illustrates how DRC Systems India Limited's net assets have evolved over time, based on quarterly financial data. See DRCSYSTEMS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for DRC Systems India Limited (2018–2025)
The table below shows the annual net assets of DRC Systems India Limited from 2018 to 2025. For live valuation and market cap data, see DRC Systems India Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs645.91 Million ≈ $6.99 Million |
+35.04% |
| 2024-03-31 | Rs478.30 Million ≈ $5.17 Million |
+38.81% |
| 2023-03-31 | Rs344.57 Million ≈ $3.73 Million |
+408.11% |
| 2022-03-31 | Rs67.81 Million ≈ $733.38K |
+18.92% |
| 2021-03-31 | Rs57.02 Million ≈ $616.68K |
+137.89% |
| 2020-03-31 | Rs23.97 Million ≈ $259.23K |
+2.70% |
| 2019-03-31 | Rs23.34 Million ≈ $252.41K |
+4.10% |
| 2018-03-31 | Rs22.42 Million ≈ $242.46K |
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Equity Component Analysis
This analysis shows how different components contribute to DRC Systems India 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 3673.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs336.56 Million | 52.11% |
| Common Stock | Rs133.69 Million | 20.70% |
| Other Comprehensive Income | Rs39.56 Million | 6.12% |
| Other Components | Rs136.10 Million | 21.07% |
| Total Equity | Rs645.91 Million | 100.00% |
DRC Systems India Limited Competitors by Market Cap
The table below lists competitors of DRC Systems India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Planet Green Holdings Corp
NYSE MKT:PLAG
|
$22.49 Million |
|
BeLive Holdings Ordinary Share
NASDAQ:BLIV
|
$22.49 Million |
|
Yulho Co. Ltd
KQ:072770
|
$22.49 Million |
|
Tontek Design Technology Ltd
TWO:5487
|
$22.51 Million |
|
Quest Resource Holding Corp
NASDAQ:QRHC
|
$22.48 Million |
|
FibroBiologics, Inc. Common Stock
NASDAQ:FBLG
|
$22.48 Million |
|
Blackrock World Mining Trust Plc
LSE:BRWM
|
$22.46 Million |
|
Amanet Management & Systems Ltd
TA:AMAN
|
$22.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DRC Systems India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 478,304,000 to 645,910,000, a change of 167,606,000 (35.0%).
- Net income of 150,750,000 contributed positively to equity growth.
- New share issuances of 1,230,000 increased equity.
- Other comprehensive income increased equity by 819,000.
- Other factors increased equity by 14,807,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs150.75 Million | +23.34% |
| Share Issuances | Rs1.23 Million | +0.19% |
| Other Comprehensive Income | Rs819.00K | +0.13% |
| Other Changes | Rs14.81 Million | +2.29% |
| Total Change | Rs- | 35.04% |
Book Value vs Market Value Analysis
This analysis compares DRC Systems India 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: 2.98x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.49x to 2.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | Rs5.80 | Rs14.43 | x |
| 2019-03-31 | Rs6.04 | Rs14.43 | x |
| 2020-03-31 | Rs0.21 | Rs14.43 | x |
| 2021-03-31 | Rs0.49 | Rs14.43 | x |
| 2022-03-31 | Rs0.58 | Rs14.43 | x |
| 2023-03-31 | Rs2.78 | Rs14.43 | x |
| 2024-03-31 | Rs3.57 | Rs14.43 | x |
| 2025-03-31 | Rs4.84 | Rs14.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DRC Systems India 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): 23.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.06%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.54x
- Recent ROE (23.34%) is above the historical average (10.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 14.05% | 3.52% | 0.73x | 5.49x | Rs908.00K |
| 2019 | -0.04% | -0.01% | 1.05x | 5.30x | Rs-2.34 Million |
| 2020 | 0.48% | 0.10% | 2.10x | 2.16x | Rs-2.28 Million |
| 2021 | -8.40% | -2.33% | 1.43x | 2.53x | Rs-10.49 Million |
| 2022 | 10.37% | 3.61% | 0.78x | 3.68x | Rs250.60K |
| 2023 | 19.53% | 26.12% | 0.65x | 1.14x | Rs32.67 Million |
| 2024 | 24.37% | 24.44% | 0.61x | 1.64x | Rs68.71 Million |
| 2025 | 23.34% | 23.06% | 0.66x | 1.54x | Rs86.16 Million |
Industry Comparison
This section compares DRC Systems India Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,288,686,160
- Average return on equity (ROE) among peers: 67.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DRC Systems India Limited (DRCSYSTEMS) | Rs775.23 Million | 14.05% | 0.52x | $22.48 Million |
| AAA Technologies Limited (AAATECH) | $48.50 Million | 20.61% | 1.07x | $13.64 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.13 Billion | 73.39% | 0.92x | $184.28 Million |
| Adroit Infotech Limited (ADROITINFO) | $62.35 Million | -0.08% | 1.33x | $5.85 Million |
| Airan Limited (AIRAN) | $188.59 Million | 6.62% | 0.62x | $22.00 Million |
| Alankit Limited (ALANKIT) | $469.05 Million | 28.31% | 0.66x | $25.37 Million |
| Bartronics India Limited (ASMS) | $254.08 Million | 433.82% | 0.09x | $26.22 Million |
| BIRLASOFT LIMITED (BSOFT) | $2.64 Billion | 19.89% | 0.66x | $982.78 Million |
| Computer Age Management Services Limited (CAMS) | $5.16 Billion | 39.80% | 0.63x | $2.23 Billion |
| Cigniti Technologies Limited (CIGNITITEC) | $2.67 Billion | 45.50% | 0.80x | $374.23 Million |
| Cambridge Technology Enterprises Limited (CTE) | $258.77 Million | 4.28% | 0.23x | $6.62 Million |
About DRC Systems India Limited
DRC Systems India Limited, a software development company, engages in the provision of information technology (IT) services, consulting, and business solutions in India, the United Arab Emirates, and internationally. The company offers web development, mobile application development, digital learning / e-learning, digital commerce / e-commerce, content management system, and software testing digi… Read more