ICDS Limited (ICDSLTD) - Net Assets
Based on the latest financial reports, ICDS Limited (ICDSLTD) has net assets worth Rs299.64 Million INR (≈ $3.24 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs330.23 Million ≈ $3.57 Million USD) and total liabilities (Rs30.58 Million ≈ $330.75K 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 ICDSLTD tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs299.64 Million |
| % of Total Assets | 90.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | 18.84% |
| 10-Year Change | 21.89% |
| Growth Volatility | 14.52 |
ICDS Limited - Net Assets Trend (2009–2026)
This chart illustrates how ICDS Limited's net assets have evolved over time, based on quarterly financial data. See ICDS Limited (ICDSLTD) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ICDS Limited (2009–2026)
The table below shows the annual net assets of ICDS Limited from 2009 to 2026. For live valuation and market cap data, see ICDS Limited (ICDSLTD) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs299.64 Million ≈ $3.24 Million |
+3.53% |
| 2025-03-31 | Rs289.43 Million ≈ $3.13 Million |
+5.10% |
| 2024-03-31 | Rs275.39 Million ≈ $2.98 Million |
+7.94% |
| 2023-03-31 | Rs255.13 Million ≈ $2.76 Million |
+1.19% |
| 2022-03-31 | Rs252.14 Million ≈ $2.73 Million |
+30.21% |
| 2021-03-31 | Rs193.63 Million ≈ $2.09 Million |
-22.03% |
| 2020-03-31 | Rs248.34 Million ≈ $2.69 Million |
-3.34% |
| 2019-03-31 | Rs256.91 Million ≈ $2.78 Million |
-7.07% |
| 2018-03-31 | Rs276.44 Million ≈ $2.99 Million |
+12.45% |
| 2017-03-31 | Rs245.83 Million ≈ $2.66 Million |
+38.21% |
| 2016-03-31 | Rs177.87 Million ≈ $1.92 Million |
+7.74% |
| 2015-03-31 | Rs165.09 Million ≈ $1.79 Million |
+5.73% |
| 2014-03-31 | Rs156.13 Million ≈ $1.69 Million |
+11.99% |
| 2013-03-31 | Rs139.41 Million ≈ $1.51 Million |
+27.02% |
| 2012-03-31 | Rs109.76 Million ≈ $1.19 Million |
+3.12% |
| 2011-03-31 | Rs106.44 Million ≈ $1.15 Million |
+1481.61% |
| 2010-03-31 | Rs-7.70 Million ≈ $-83.32K |
+95.41% |
| 2009-03-31 | Rs-167.87 Million ≈ $-1.82 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ICDS 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 36922300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs130.27 Million | 43.47% |
| Other Components | Rs169.38 Million | 56.53% |
| Total Equity | Rs299.64 Million | 100.00% |
ICDS Limited Competitors by Market Cap
The table below lists competitors of ICDS Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trinex Minerals Ltd
AU:TX3
|
$5.95 Million |
|
Hollywood Bowl Group PLC
LSE:BOWL
|
$5.95 Million |
|
Kshitij Polyline Limited
NSE:KSHITIJPOL
|
$5.95 Million |
|
20/20 Biolabs, Inc. Common Stock
NASDAQ:AIDX
|
$5.95 Million |
|
Azevedo & Travassos S.A
SA:AZEV3
|
$5.94 Million |
|
Armada Berjaya Trans Tbk PT
JK:JAYA
|
$5.94 Million |
|
GB Group plc
LSE:GBG
|
$5.94 Million |
|
Intelligent Living Application Group Inc
NASDAQ:ILAG
|
$5.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ICDS Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 289,433,000 to 299,642,000, a change of 10,209,000 (3.5%).
- Net income of 10,931,000 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs10.93 Million | +3.65% |
| Other Changes | Rs-722.00K | -0.24% |
| Total Change | Rs- | 3.53% |
Book Value vs Market Value Analysis
This analysis compares ICDS 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: 1.83x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | Rs-12.89 | Rs42.20 | x |
| 2010-03-31 | Rs-0.59 | Rs42.20 | x |
| 2011-03-31 | Rs8.17 | Rs42.20 | x |
| 2012-03-31 | Rs8.43 | Rs42.20 | x |
| 2013-03-31 | Rs10.70 | Rs42.20 | x |
| 2014-03-31 | Rs11.99 | Rs42.20 | x |
| 2015-03-31 | Rs12.67 | Rs42.20 | x |
| 2016-03-31 | Rs13.07 | Rs42.20 | x |
| 2017-03-31 | Rs14.17 | Rs42.20 | x |
| 2018-03-31 | Rs21.22 | Rs42.20 | x |
| 2019-03-31 | Rs19.72 | Rs42.20 | x |
| 2020-03-31 | Rs19.06 | Rs42.20 | x |
| 2021-03-31 | Rs14.86 | Rs42.20 | x |
| 2022-03-31 | Rs19.36 | Rs42.20 | x |
| 2023-03-31 | Rs19.59 | Rs42.20 | x |
| 2024-03-31 | Rs21.14 | Rs42.20 | x |
| 2025-03-31 | Rs22.28 | Rs42.20 | x |
| 2026-03-31 | Rs23.03 | Rs42.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ICDS 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): 3.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.70%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.10x
- Recent ROE (3.65%) is below the historical average (11.31%), 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 | 0.00% | 161.65% | 0.16x | 0.00x | Rs97.20 Million |
| 2010 | 0.00% | 284.46% | 0.24x | 0.00x | Rs161.69 Million |
| 2011 | 107.95% | 191.80% | 0.22x | 2.59x | Rs104.25 Million |
| 2012 | 3.71% | 81.01% | 0.02x | 2.47x | Rs-6.90 Million |
| 2013 | 21.81% | 159.97% | 0.07x | 2.06x | Rs16.47 Million |
| 2014 | 11.19% | 40.18% | 0.16x | 1.75x | Rs1.86 Million |
| 2015 | 5.42% | 21.18% | 0.17x | 1.48x | Rs-7.56 Million |
| 2016 | 3.01% | 14.10% | 0.14x | 1.48x | Rs-11.90 Million |
| 2017 | 37.03% | 83.22% | 0.27x | 1.67x | Rs49.89 Million |
| 2018 | 11.21% | 55.90% | 0.17x | 1.18x | Rs3.35 Million |
| 2019 | -7.26% | -95.41% | 0.07x | 1.07x | Rs-44.35 Million |
| 2020 | -3.27% | -44.78% | 0.07x | 1.05x | Rs-32.96 Million |
| 2021 | -27.80% | -495.26% | 0.05x | 1.06x | Rs-73.19 Million |
| 2022 | 23.14% | 457.80% | 0.05x | 1.06x | Rs33.14 Million |
| 2023 | 1.49% | 16.84% | 0.08x | 1.05x | Rs-21.71 Million |
| 2024 | 7.39% | 57.95% | 0.12x | 1.04x | Rs-7.19 Million |
| 2025 | 4.85% | 36.27% | 0.12x | 1.11x | Rs-14.92 Million |
| 2026 | 3.65% | 45.70% | 0.07x | 1.10x | Rs-19.03 Million |
Industry Comparison
This section compares ICDS Limited's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $4,466,397,687
- Average return on equity (ROE) among peers: 12.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ICDS Limited (ICDSLTD) | Rs299.64 Million | 0.00% | 0.10x | $5.95 Million |
| Aurum PropTech Limited (AURUM) | $3.48 Billion | 1.98% | 0.94x | $162.61 Million |
| Coral India Finance & Housing Limited (CORALFINAC) | $240.60 Million | 4.89% | 0.29x | $14.03 Million |
| Eldeco Housing And Industries Limited (ELDEHSG) | $1.50 Billion | 16.16% | 1.61x | $83.20 Million |
| Future Market Networks Limited (FMNL) | $988.35 Million | 66.82% | 2.54x | $6.84 Million |
| Landmark Property Development Company Limited (LPDC) | $554.95 Million | 1.62% | 0.00x | $9.88 Million |
| Modi Rubber Limited (MODIRUBBER) | $-520.11 Million | 0.00% | 0.00x | $34.57 Million |
| The Motor & General Finance Limited (MOTOGENFIN) | $872.78 Million | -0.05% | 0.90x | $12.10 Million |
| PTL Enterprises Limited (PTL) | $1.31 Billion | 18.45% | 2.23x | $59.34 Million |
| SHIPPING CORPORATION OF INDIA LAND (SCILAL) | $31.76 Billion | 1.12% | 0.08x | $233.18 Million |
About ICDS Limited
ICDS Limited engages in trading shares and securities, and mobiles and accessories in India. It also engages in the rental of investment properties; and marketing of life and general insurance products. The company was formerly known as Industrial Credit and Development Syndicate Ltd. and changed its name to ICDS Limited in December 1992. ICDS Limited was incorporated in 1971 and is headquartered… Read more