Eternal Limited (ETERNAL) - Net Assets
Based on the latest financial reports, Eternal Limited (ETERNAL) has net assets worth Rs308.15 Billion INR (≈ $3.33 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs381.15 Billion ≈ $4.12 Billion USD) and total liabilities (Rs73.00 Billion ≈ $789.47 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 ETERNAL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs308.15 Billion |
| % of Total Assets | 80.85% |
| Annual Growth Rate | 50.87% |
| 5-Year Change | 274.52% |
| 10-Year Change | N/A |
| Growth Volatility | 387.54 |
Eternal Limited - Net Assets Trend (2019–2025)
This chart illustrates how Eternal Limited's net assets have evolved over time, based on quarterly financial data. Also explore ETERNAL total assets for the complete picture of this company's asset base.
Annual Net Assets for Eternal Limited (2019–2025)
The table below shows the annual net assets of Eternal Limited from 2019 to 2025. For live valuation and market cap data, see ETERNAL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs303.10 Billion ≈ $3.28 Billion |
+48.53% |
| 2024-03-31 | Rs204.06 Billion ≈ $2.21 Billion |
+4.90% |
| 2023-03-31 | Rs194.53 Billion ≈ $2.10 Billion |
+17.90% |
| 2022-03-31 | Rs164.99 Billion ≈ $1.78 Billion |
+103.87% |
| 2021-03-31 | Rs80.93 Billion ≈ $875.23 Million |
+1050.75% |
| 2020-03-31 | Rs7.03 Billion ≈ $76.06 Million |
-72.62% |
| 2019-03-31 | Rs25.68 Billion ≈ $277.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Eternal 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 3002519000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs9.07 Billion | 2.99% |
| Other Components | Rs346.75 Billion | 114.37% |
| Total Equity | Rs303.17 Billion | 100.00% |
Eternal Limited Competitors by Market Cap
The table below lists competitors of Eternal Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Willis Towers Watson PLC
NASDAQ:WTW
|
$24.37 Billion |
|
Alfa Laval AB
ST:ALFA
|
$24.38 Billion |
|
Hyundai Electric & Energy Systems Co Ltd
KO:267260
|
$24.39 Billion |
|
Swiss Life Holding AG
SW:SLHN
|
$24.44 Billion |
|
NATURGY ENERGY ADR1/5/E01
F:GANA
|
$24.24 Billion |
|
PPG Industries Inc
NYSE:PPG
|
$24.13 Billion |
|
KeyCorp
NYSE:KEY
|
$24.11 Billion |
|
Equity Residential
NYSE:EQR
|
$24.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eternal Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 204,130,000,000 to 303,170,000,000, a change of 99,040,000,000 (48.5%).
- Net income of 5,270,000,000 contributed positively to equity growth.
- Other factors increased equity by 93,770,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs5.27 Billion | +1.74% |
| Other Changes | Rs93.77 Billion | +30.93% |
| Total Change | Rs- | 48.52% |
Book Value vs Market Value Analysis
This analysis compares Eternal 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: 8.01x
- 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 74.54x to 8.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs3.31 | Rs247.03 | x |
| 2020-03-31 | Rs0.90 | Rs247.03 | x |
| 2021-03-31 | Rs10.32 | Rs247.03 | x |
| 2022-03-31 | Rs22.84 | Rs247.03 | x |
| 2023-03-31 | Rs24.02 | Rs247.03 | x |
| 2024-03-31 | Rs23.26 | Rs247.03 | x |
| 2025-03-31 | Rs30.83 | Rs247.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eternal 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): 1.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.60%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.18x
- Recent ROE (1.74%) is above the historical average (-55.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -37.13% | -74.46% | 0.38x | 1.31x | Rs-12.25 Billion |
| 2020 | -333.51% | -98.70% | 0.83x | 4.09x | Rs-24.38 Billion |
| 2021 | -10.04% | -42.43% | 0.22x | 1.07x | Rs-16.23 Billion |
| 2022 | -7.32% | -29.34% | 0.24x | 1.05x | Rs-28.59 Billion |
| 2023 | -4.99% | -13.80% | 0.33x | 1.11x | Rs-29.17 Billion |
| 2024 | 1.72% | 2.90% | 0.52x | 1.14x | Rs-16.90 Billion |
| 2025 | 1.74% | 2.60% | 0.57x | 1.18x | Rs-25.05 Billion |
Industry Comparison
This section compares Eternal Limited's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $21,997,134,844
- Average return on equity (ROE) among peers: -15.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eternal Limited (ETERNAL) | Rs308.15 Billion | -37.13% | 0.24x | $24.31 Billion |
| DIGIDRIVE DISTRIBUTORS LTD (DIGIDRIVE) | $1.36 Billion | 3.43% | 0.08x | $9.93 Million |
| Brainbees Solutions Limited (FIRSTCRY) | $35.35 Billion | 6.08% | 0.15x | $1.26 Billion |
| Intrasoft Technologies Limited (ISFT) | $1.18 Billion | 35.16% | 0.75x | $13.29 Million |
| FSN E-Commerce Ventures Limited (NYKAA) | $2.31 Billion | -7.19% | 2.36x | $8.20 Billion |
| RattanIndia Enterprises Limited (RTNINDIA) | $15.48 Billion | -42.83% | 0.00x | $530.45 Million |
| SWIGGY LIMITED (SWIGGY) | $17.37 Billion | -93.06% | 0.68x | $6.79 Billion |
| Zomato Limited (ZOMATO) | $80.93 Billion | -10.04% | 0.08x | $22.68 Billion |
About Eternal Limited
Eternal Limited, together with its subsidiaries, provides e-commerce platform services to restaurant partners, quick commerce merchants, delivery partners, theatres, and event organizers in India and internationally. It operates through India Food Ordering and Delivery, Hyperpure Supplies (B2B Business), Quick Commerce, and Going Out segments. The company offers a B2C technology platform under th… Read more