Equinox India Developments Ltd (IBREALEST) - Net Assets
Based on the latest financial reports, Equinox India Developments Ltd (IBREALEST) has net assets worth Rs93.27 Billion INR (≈ $1.01 Billion USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs204.91 Billion ≈ $2.22 Billion USD) and total liabilities (Rs111.64 Billion ≈ $1.21 Billion 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 Equinox India Developments Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs93.27 Billion |
| % of Total Assets | 45.52% |
| Annual Growth Rate | 9.6% |
| 5-Year Change | 166.96% |
| 10-Year Change | 18.07% |
| Growth Volatility | 90.58 |
Equinox India Developments Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Equinox India Developments Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Equinox India Developments Ltd for the complete picture of this company's asset base.
Annual Net Assets for Equinox India Developments Ltd (2007–2025)
The table below shows the annual net assets of Equinox India Developments Ltd from 2007 to 2025. For live valuation and market cap data, see Equinox India Developments Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs93.27 Billion ≈ $1.01 Billion |
+237.26% |
| 2024-03-31 | Rs27.65 Billion ≈ $299.07 Million |
-24.59% |
| 2023-03-31 | Rs36.67 Billion ≈ $396.61 Million |
+7.05% |
| 2022-03-31 | Rs34.26 Billion ≈ $370.49 Million |
-1.94% |
| 2021-03-31 | Rs34.94 Billion ≈ $377.83 Million |
-2.11% |
| 2020-03-31 | Rs35.69 Billion ≈ $385.97 Million |
-10.98% |
| 2019-03-31 | Rs40.09 Billion ≈ $433.56 Million |
-43.45% |
| 2018-03-31 | Rs70.90 Billion ≈ $766.71 Million |
+49.13% |
| 2017-03-31 | Rs47.54 Billion ≈ $514.11 Million |
-39.82% |
| 2016-03-31 | Rs78.99 Billion ≈ $854.29 Million |
+9.66% |
| 2015-03-31 | Rs72.03 Billion ≈ $779.03 Million |
+4.64% |
| 2014-03-31 | Rs68.84 Billion ≈ $744.45 Million |
-5.34% |
| 2013-03-31 | Rs72.72 Billion ≈ $786.49 Million |
-10.51% |
| 2012-03-31 | Rs81.27 Billion ≈ $878.87 Million |
-31.34% |
| 2011-03-31 | Rs118.37 Billion ≈ $1.28 Billion |
+0.83% |
| 2010-03-31 | Rs117.40 Billion ≈ $1.27 Billion |
+67.06% |
| 2009-03-31 | Rs70.27 Billion ≈ $759.96 Million |
+292.15% |
| 2007-03-31 | Rs17.92 Billion ≈ $193.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Equinox India Developments Ltd'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 906.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs2.44 Billion | 2.62% |
| Other Components | Rs124.73 Billion | 133.82% |
| Total Equity | Rs93.21 Billion | 100.00% |
Equinox India Developments Ltd Competitors by Market Cap
The table below lists competitors of Equinox India Developments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perpetual Equity Investment Company Ltd
AU:PIC
|
$317.58 Million |
|
Gaumont SA
PA:GAM
|
$317.74 Million |
|
Churchill Capital Corp IX
NASDAQ:CCIX
|
$317.74 Million |
|
Cerence Inc
NASDAQ:CRNC
|
$317.83 Million |
|
Baillie Gifford European Growth Trust PLC
LSE:BGEU
|
$317.48 Million |
|
Armac Locacao Logistica
SA:ARML3
|
$317.43 Million |
|
Iones Co. Ltd
KQ:114810
|
$317.31 Million |
|
Quad Graphics Inc
NYSE:QUAD
|
$317.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equinox India Developments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,534,100,000 to 93,210,930,000, a change of 65,676,830,000 (238.5%).
- Net income of 2,062,510,000 contributed positively to equity growth.
- New share issuances of 3,350,000,000 increased equity.
- Other comprehensive income decreased equity by 22,201,900,000.
- Other factors increased equity by 82,466,220,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.06 Billion | +2.21% |
| Share Issuances | Rs3.35 Billion | +3.59% |
| Other Comprehensive Income | Rs-22.20 Billion | -23.82% |
| Other Changes | Rs82.47 Billion | +88.47% |
| Total Change | Rs- | 238.53% |
Book Value vs Market Value Analysis
This analysis compares Equinox India Developments Ltd'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: 0.32x
- 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 0.59x to 0.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs79.08 | Rs46.28 | x |
| 2009-03-31 | Rs227.32 | Rs46.28 | x |
| 2010-03-31 | Rs251.24 | Rs46.28 | x |
| 2011-03-31 | Rs226.73 | Rs46.28 | x |
| 2012-03-31 | Rs176.68 | Rs46.28 | x |
| 2013-03-31 | Rs159.05 | Rs46.28 | x |
| 2014-03-31 | Rs162.11 | Rs46.28 | x |
| 2015-03-31 | Rs168.61 | Rs46.28 | x |
| 2016-03-31 | Rs192.08 | Rs46.28 | x |
| 2017-03-31 | Rs87.59 | Rs46.28 | x |
| 2018-03-31 | Rs147.22 | Rs46.28 | x |
| 2019-03-31 | Rs87.56 | Rs46.28 | x |
| 2020-03-31 | Rs78.40 | Rs46.28 | x |
| 2021-03-31 | Rs77.04 | Rs46.28 | x |
| 2022-03-31 | Rs75.03 | Rs46.28 | x |
| 2023-03-31 | Rs67.81 | Rs46.28 | x |
| 2024-03-31 | Rs50.90 | Rs46.28 | x |
| 2025-03-31 | Rs142.95 | Rs46.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equinox India Developments Ltd 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): 2.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.46%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.20x
- Recent ROE (2.21%) is above the historical average (0.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.90% | 94.12% | 0.01x | 1.66x | Rs-1.32 Billion |
| 2009 | 0.50% | 14.13% | 0.02x | 1.42x | Rs-5.60 Billion |
| 2010 | 0.07% | 5.22% | 0.01x | 1.39x | Rs-9.68 Billion |
| 2011 | 1.63% | 11.15% | 0.08x | 1.86x | Rs-8.19 Billion |
| 2012 | 2.23% | 12.03% | 0.11x | 1.64x | Rs-5.78 Billion |
| 2013 | 2.48% | 13.93% | 0.10x | 1.82x | Rs-5.29 Billion |
| 2014 | 3.26% | 13.25% | 0.13x | 1.96x | Rs-4.64 Billion |
| 2015 | 3.46% | 9.75% | 0.15x | 2.35x | Rs-4.69 Billion |
| 2016 | 3.89% | 11.62% | 0.15x | 2.18x | Rs-4.79 Billion |
| 2017 | 9.82% | 17.43% | 0.12x | 4.59x | Rs-74.08 Million |
| 2018 | 28.47% | 71.56% | 0.17x | 2.37x | Rs13.07 Billion |
| 2019 | 12.61% | 10.65% | 0.29x | 4.05x | Rs1.04 Billion |
| 2020 | 3.39% | 5.56% | 0.19x | 3.17x | Rs-2.35 Billion |
| 2021 | 0.12% | 0.28% | 0.17x | 2.51x | Rs-3.44 Billion |
| 2022 | -4.00% | -9.54% | 0.18x | 2.27x | Rs-4.78 Billion |
| 2023 | -16.64% | -103.68% | 0.09x | 1.78x | Rs-9.74 Billion |
| 2024 | -37.72% | -221.58% | 0.08x | 2.12x | Rs-13.14 Billion |
| 2025 | 2.21% | 9.46% | 0.11x | 2.20x | Rs-7.26 Billion |
Industry Comparison
This section compares Equinox India Developments Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,311,605,979
- Average return on equity (ROE) among peers: 3.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equinox India Developments Ltd (IBREALEST) | Rs93.27 Billion | 0.90% | 1.20x | $317.48 Million |
| Ajmera Realty & Infra India Limited (AJMERA) | $13.23 Billion | 9.52% | 0.70x | $264.54 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.15 Billion | 6.52% | 1.03x | $17.89 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $2.63 Billion | -53.33% | 31.00x | $6.43 Million |
| Arihant Superstructures Limited (ARIHANTSUP) | $3.18 Billion | 23.52% | 2.76x | $129.05 Million |
| Arkade Developers Ltd (ARKADE) | $3.24 Billion | 37.99% | 0.78x | $236.65 Million |
| Art Nirman Limited (ARTNIRMAN) | $449.80 Million | 1.82% | 2.07x | $12.02 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $2.65 Billion | 11.57% | 1.93x | $306.52 Million |
| Ashiana Housing Limited (ASHIANA) | $7.60 Billion | 3.67% | 1.90x | $372.51 Million |
| Ashima Limited (ASHIMASYN) | $2.21 Billion | -1.53% | 0.34x | $33.08 Million |
| Valor Estate Limited (DBREALTY) | $26.78 Billion | -2.31% | 1.43x | $607.53 Million |
About Equinox India Developments Ltd
Equinox India Developments Limited operates as a real estate company in India. The company offers real estate properties advisory, properties marketing, maintenance of completed properties, engineering, industrial and technical consultancy, construction and development of real estate properties and other ancillary services. Its project portfolio includes residential and commercial, as well as SEZ… Read more