ICDS Limited (ICDSLTD) - Net Assets

Latest as of September 2025: Rs300.03 Million INR ≈ $3.24 Million USD

Based on the latest financial reports, ICDS Limited (ICDSLTD) has net assets worth Rs300.03 Million INR (≈ $3.24 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 (Rs330.89 Million ≈ $3.58 Million USD) and total liabilities (Rs30.86 Million ≈ $333.73K 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 ICDS Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs300.03 Million
% of Total Assets	90.67%
Annual Growth Rate	N/A
5-Year Change	49.47%
10-Year Change	62.72%
Growth Volatility	14.98

ICDS Limited - Net Assets Trend (2009–2025)

This chart illustrates how ICDS Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of ICDS Limited for the complete picture of this company's asset base.

Annual Net Assets for ICDS Limited (2009–2025)

The table below shows the annual net assets of ICDS Limited from 2009 to 2025. For live valuation and market cap data, see ICDS Limited (ICDSLTD) total market value.

Year	Net Assets	Change
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 46106600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs91.84 Million	31.73%
Common Stock	Rs130.27 Million	45.01%
Other Components	Rs67.32 Million	23.26%
Total Equity	Rs289.43 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
Fresh Grapes LLC NYSE MKT:VINE	$6.56 Million
Moho Resources Ltd AU:MOH	$6.56 Million
Karma Energy Limited NSE:KARMAENG	$6.56 Million
BHB Brauholding Bayern-Mitte AG F:B9B	$6.56 Million
Solteq PLC HE:SOLTEQ	$6.55 Million
Masonglory Limited Ordinary Shares NASDAQ:MSGY	$6.55 Million
Moolec Science SA Ordinary Shares NASDAQ:MLEC	$6.55 Million
Kontigo Care AB ST:KONT	$6.54 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 2024 to 2025, total equity changed from 275,391,000 to 289,433,000, a change of 14,042,000 (5.1%).
Net income of 14,028,000 contributed positively to equity growth.
Other comprehensive income decreased equity by 33,988,000.
Other factors increased equity by 34,002,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs14.03 Million	+4.85%
Other Comprehensive Income	Rs-33.99 Million	-11.74%
Other Changes	Rs34.00 Million	+11.75%
Total Change	Rs-	5.10%

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: 2.09x
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	Rs46.52	x
2010-03-31	Rs-0.59	Rs46.52	x
2011-03-31	Rs8.17	Rs46.52	x
2012-03-31	Rs8.43	Rs46.52	x
2013-03-31	Rs10.70	Rs46.52	x
2014-03-31	Rs11.99	Rs46.52	x
2015-03-31	Rs12.67	Rs46.52	x
2016-03-31	Rs13.07	Rs46.52	x
2017-03-31	Rs14.17	Rs46.52	x
2018-03-31	Rs21.22	Rs46.52	x
2019-03-31	Rs19.72	Rs46.52	x
2020-03-31	Rs19.06	Rs46.52	x
2021-03-31	Rs14.86	Rs46.52	x
2022-03-31	Rs19.36	Rs46.52	x
2023-03-31	Rs19.59	Rs46.52	x
2024-03-31	Rs21.14	Rs46.52	x
2025-03-31	Rs22.28	Rs46.52	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): 4.85%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 36.27%
• Asset Turnover: 0.12x
• Equity Multiplier: 1.11x
Recent ROE (4.85%) is below the historical average (11.76%), 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

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: $4,331,365,239
Average return on equity (ROE) among peers: -10571.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
ICDS Limited (ICDSLTD)	Rs300.03 Million	0.00%	0.10x	$6.55 Million
Aurum PropTech Limited (AURUM)	$197.00K	-95314.72%	0.47x	$150.18 Million
Coral India Finance & Housing Limited (CORALFINAC)	$1.45 Billion	5.60%	0.04x	$14.94 Million
Eldeco Housing And Industries Limited (ELDEHSG)	$3.84 Billion	5.60%	1.14x	$88.09 Million
Future Market Networks Limited (FMNL)	$1.13 Billion	-27.34%	4.70x	$6.30 Million
Landmark Property Development Company Limited (LPDC)	$554.95 Million	1.62%	0.00x	$10.94 Million
Modi Rubber Limited (MODIRUBBER)	$923.78 Million	163.95%	1.40x	$37.36 Million
The Motor & General Finance Limited (MOTOGENFIN)	$869.94 Million	-1.46%	0.83x	$10.22 Million
PTL Enterprises Limited (PTL)	$196.84 Million	33.67%	0.38x	$57.25 Million
SHIPPING CORPORATION OF INDIA LAND (SCILAL)	$30.02 Billion	-6.31%	0.17x	$224.01 Million

About ICDS Limited

NSE:ICDSLTD India Real Estate Services

Market Cap

$6.55 Million

Rs606.00 Million INR

Market Cap Rank

#27832 Global

#1571 in India

Share Price

Rs46.52

Change (1 day)

-3.49%

52-Week Range

Rs37.60 - Rs65.23

All Time High

Rs153.55