India Nippon Electricals Limited (INDNIPPON) - Net Assets
Based on the latest financial reports, India Nippon Electricals Limited (INDNIPPON) has net assets worth Rs7.85 Billion INR (≈ $84.87 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 (Rs10.26 Billion ≈ $110.95 Million USD) and total liabilities (Rs2.41 Billion ≈ $26.09 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 India Nippon Electricals Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.85 Billion |
| % of Total Assets | 76.49% |
| Annual Growth Rate | 9.99% |
| 5-Year Change | 57.7% |
| 10-Year Change | 202.78% |
| Growth Volatility | 5.1 |
India Nippon Electricals Limited - Net Assets Trend (2006–2025)
This chart illustrates how India Nippon Electricals Limited's net assets have evolved over time, based on quarterly financial data. Also explore India Nippon Electricals Limited assets under control for the complete picture of this company's asset base.
Annual Net Assets for India Nippon Electricals Limited (2006–2025)
The table below shows the annual net assets of India Nippon Electricals Limited from 2006 to 2025. For live valuation and market cap data, see INDNIPPON market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs7.11 Billion ≈ $76.91 Million |
+14.11% |
| 2024-03-31 | Rs6.23 Billion ≈ $67.40 Million |
+11.23% |
| 2023-03-31 | Rs5.60 Billion ≈ $60.60 Million |
+11.14% |
| 2022-03-31 | Rs5.04 Billion ≈ $54.52 Million |
+11.79% |
| 2021-03-31 | Rs4.51 Billion ≈ $48.77 Million |
+7.43% |
| 2020-03-31 | Rs4.20 Billion ≈ $45.40 Million |
+4.84% |
| 2019-03-31 | Rs4.00 Billion ≈ $43.30 Million |
+16.94% |
| 2018-03-31 | Rs3.42 Billion ≈ $37.03 Million |
+24.32% |
| 2017-03-31 | Rs2.75 Billion ≈ $29.79 Million |
+17.26% |
| 2016-03-31 | Rs2.35 Billion ≈ $25.40 Million |
+5.42% |
| 2015-03-31 | Rs2.23 Billion ≈ $24.10 Million |
+4.61% |
| 2014-03-31 | Rs2.13 Billion ≈ $23.03 Million |
+4.27% |
| 2013-03-31 | Rs2.04 Billion ≈ $22.09 Million |
+9.60% |
| 2012-03-31 | Rs1.86 Billion ≈ $20.16 Million |
+11.46% |
| 2011-03-31 | Rs1.67 Billion ≈ $18.08 Million |
+8.99% |
| 2010-03-31 | Rs1.53 Billion ≈ $16.59 Million |
+8.47% |
| 2009-03-31 | Rs1.41 Billion ≈ $15.30 Million |
+5.08% |
| 2008-03-31 | Rs1.35 Billion ≈ $14.56 Million |
+5.70% |
| 2007-03-31 | Rs1.27 Billion ≈ $13.77 Million |
+9.31% |
| 2006-03-31 | Rs1.17 Billion ≈ $12.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to India Nippon Electricals 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 436030000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.36 Billion | 61.31% |
| Common Stock | Rs113.10 Million | 1.59% |
| Other Comprehensive Income | Rs2.64 Billion | 37.10% |
| Other Components | Rs1.00 | 0.00% |
| Total Equity | Rs7.11 Billion | 100.00% |
India Nippon Electricals Limited Competitors by Market Cap
The table below lists competitors of India Nippon Electricals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greenx Metals Ltd
AU:GRX
|
$193.85 Million |
|
Michlol Finance Ltd
TA:MCLL
|
$193.91 Million |
|
Solara Active Pharma Sciences Limited
NSE:SOLARA
|
$193.95 Million |
|
Polaris Infrastructure Inc
TO:PIF
|
$193.99 Million |
|
Saksoft Limited
NSE:SAKSOFT
|
$193.76 Million |
|
BLS E-Services Limited
NSE:BLSE
|
$193.70 Million |
|
Olimpo Real Estate SA
MC:YORE
|
$193.64 Million |
|
Aurora Cannabis Inc
TO:ACB
|
$193.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in India Nippon Electricals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,232,500,000 to 7,111,800,000, a change of 879,300,000 (14.1%).
- Net income of 822,800,000 contributed positively to equity growth.
- Dividend payments of 282,800,000 reduced retained earnings.
- Other comprehensive income increased equity by 339,299,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs822.80 Million | +11.57% |
| Dividends Paid | Rs282.80 Million | -3.98% |
| Other Comprehensive Income | Rs339.30 Million | +4.77% |
| Other Changes | Rs1.00 | +0.0% |
| Total Change | Rs- | 14.11% |
Book Value vs Market Value Analysis
This analysis compares India Nippon Electricals 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: 2.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.38x to 2.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs51.50 | Rs792.05 | x |
| 2007-03-31 | Rs56.30 | Rs792.05 | x |
| 2008-03-31 | Rs59.51 | Rs792.05 | x |
| 2009-03-31 | Rs62.53 | Rs792.05 | x |
| 2010-03-31 | Rs67.83 | Rs792.05 | x |
| 2011-03-31 | Rs60.40 | Rs792.05 | x |
| 2012-03-31 | Rs86.71 | Rs792.05 | x |
| 2013-03-31 | Rs90.30 | Rs792.05 | x |
| 2014-03-31 | Rs94.15 | Rs792.05 | x |
| 2015-03-31 | Rs98.49 | Rs792.05 | x |
| 2016-03-31 | Rs103.83 | Rs792.05 | x |
| 2017-03-31 | Rs121.75 | Rs792.05 | x |
| 2018-03-31 | Rs151.36 | Rs792.05 | x |
| 2019-03-31 | Rs177.00 | Rs792.05 | x |
| 2020-03-31 | Rs185.57 | Rs792.05 | x |
| 2021-03-31 | Rs199.36 | Rs792.05 | x |
| 2022-03-31 | Rs222.86 | Rs792.05 | x |
| 2023-03-31 | Rs247.70 | Rs792.05 | x |
| 2024-03-31 | Rs275.51 | Rs792.05 | x |
| 2025-03-31 | Rs312.81 | Rs792.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently India Nippon Electricals 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): 11.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.74%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.32x
- Recent ROE (11.57%) is below the historical average (11.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.38% | 14.04% | 0.88x | 1.41x | Rs85.99 Million |
| 2007 | 14.37% | 12.78% | 0.88x | 1.28x | Rs55.60 Million |
| 2008 | 10.88% | 12.18% | 0.73x | 1.22x | Rs11.79 Million |
| 2009 | 8.37% | 9.26% | 0.71x | 1.27x | Rs-23.05 Million |
| 2010 | 11.66% | 10.58% | 0.84x | 1.31x | Rs25.49 Million |
| 2011 | 14.76% | 10.78% | 1.11x | 1.23x | Rs79.55 Million |
| 2012 | 15.81% | 11.30% | 1.14x | 1.23x | Rs108.33 Million |
| 2013 | 14.31% | 10.87% | 1.10x | 1.20x | Rs88.02 Million |
| 2014 | 9.97% | 8.08% | 0.99x | 1.24x | Rs-719.40K |
| 2015 | 10.36% | 7.04% | 1.17x | 1.25x | Rs7.95 Million |
| 2016 | 10.08% | 6.97% | 1.12x | 1.30x | Rs1.80 Million |
| 2017 | 10.74% | 8.45% | 0.97x | 1.31x | Rs20.26 Million |
| 2018 | 14.54% | 11.09% | 1.01x | 1.30x | Rs155.58 Million |
| 2019 | 14.62% | 11.25% | 1.02x | 1.27x | Rs185.03 Million |
| 2020 | 12.95% | 11.46% | 0.90x | 1.26x | Rs123.64 Million |
| 2021 | 8.79% | 8.24% | 0.81x | 1.31x | Rs-54.65 Million |
| 2022 | 9.97% | 8.87% | 0.88x | 1.27x | Rs-1.65 Million |
| 2023 | 8.61% | 7.35% | 0.91x | 1.28x | Rs-78.03 Million |
| 2024 | 9.51% | 8.19% | 0.87x | 1.34x | Rs-30.25 Million |
| 2025 | 11.57% | 9.74% | 0.90x | 1.32x | Rs111.62 Million |
Industry Comparison
This section compares India Nippon Electricals Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $20,558,196,000
- Average return on equity (ROE) among peers: 17.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| India Nippon Electricals Limited (INDNIPPON) | Rs7.85 Billion | 17.38% | 0.31x | $193.77 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $12.88 Billion | 11.93% | 2.00x | $2.31 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $937.98 Million |
| Balkrishna Industries Limited (BALKRISIND) | $50.08 Billion | 19.16% | 0.36x | $4.52 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $9.82 Billion | 15.53% | 0.56x | $956.83 Million |
| Bharat Gears Limited (BHARATGEAR) | $393.44 Million | 22.33% | 3.35x | $17.81 Million |
| Bosch Limited (BOSCHLTD) | $47.28 Billion | 23.74% | 0.51x | $11.48 Billion |
| CEAT Limited (CEATLTD) | $5.13 Billion | 28.95% | 2.06x | $1.50 Billion |
| CIE Automotive India Limited (CIEINDIA) | $49.08 Billion | 2.17% | 0.94x | $1.94 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $17.52 Billion | 17.38% | 1.69x | $1.98 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $2.96 Billion | 12.86% | 0.23x | $238.35 Million |
About India Nippon Electricals Limited
India Nippon Electricals Limited manufactures and sells electronic ignition systems for the automotive industry in India and internationally. The company offers AC generator/flywheel magneto products, such as stator and rotor products, as well as CDI and TCI products; regulator and rectifier units; ignition coils; exhaust gas controller and engine controller units; auto choke-generation purpose e… Read more