Indo Rama Synthetics (India) Limited (INDORAMA) - Net Assets
Based on the latest financial reports, Indo Rama Synthetics (India) Limited (INDORAMA) has net assets worth Rs4.46 Billion INR (≈ $48.18 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 (Rs29.71 Billion ≈ $321.31 Million USD) and total liabilities (Rs25.26 Billion ≈ $273.13 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 asset resilience ratio of Indo Rama Synthetics (India) Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.46 Billion |
| % of Total Assets | 15.0% |
| Annual Growth Rate | -2.99% |
| 5-Year Change | 10.49% |
| 10-Year Change | -37.19% |
| Growth Volatility | 25.98 |
Indo Rama Synthetics (India) Limited - Net Assets Trend (2005–2025)
This chart illustrates how Indo Rama Synthetics (India) Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Indo Rama Synthetics (India) Limited for the complete picture of this company's asset base.
Annual Net Assets for Indo Rama Synthetics (India) Limited (2005–2025)
The table below shows the annual net assets of Indo Rama Synthetics (India) Limited from 2005 to 2025. For live valuation and market cap data, see INDORAMA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.68 Billion ≈ $39.82 Million |
+0.03% |
| 2024-03-31 | Rs3.68 Billion ≈ $39.81 Million |
-35.72% |
| 2023-03-31 | Rs5.73 Billion ≈ $61.93 Million |
-4.43% |
| 2022-03-31 | Rs5.99 Billion ≈ $64.80 Million |
+79.80% |
| 2021-03-31 | Rs3.33 Billion ≈ $36.04 Million |
+50.11% |
| 2020-03-31 | Rs2.22 Billion ≈ $24.01 Million |
-7.96% |
| 2019-03-31 | Rs2.41 Billion ≈ $26.09 Million |
-42.53% |
| 2018-03-31 | Rs4.20 Billion ≈ $45.39 Million |
-16.35% |
| 2017-03-31 | Rs5.02 Billion ≈ $54.26 Million |
-14.42% |
| 2016-03-31 | Rs5.86 Billion ≈ $63.40 Million |
+6.91% |
| 2015-03-31 | Rs5.48 Billion ≈ $59.31 Million |
-6.63% |
| 2014-03-31 | Rs5.87 Billion ≈ $63.52 Million |
-6.44% |
| 2013-03-31 | Rs6.28 Billion ≈ $67.89 Million |
+1.31% |
| 2012-03-31 | Rs6.20 Billion ≈ $67.01 Million |
-0.03% |
| 2011-03-31 | Rs6.20 Billion ≈ $67.03 Million |
+21.84% |
| 2010-03-31 | Rs5.09 Billion ≈ $55.01 Million |
-1.31% |
| 2009-03-31 | Rs5.15 Billion ≈ $55.74 Million |
-18.64% |
| 2008-03-31 | Rs6.34 Billion ≈ $68.51 Million |
-3.88% |
| 2007-03-31 | Rs6.59 Billion ≈ $71.28 Million |
-1.26% |
| 2006-03-31 | Rs6.67 Billion ≈ $72.19 Million |
-1.14% |
| 2005-03-31 | Rs6.75 Billion ≈ $73.02 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Indo Rama Synthetics (India) 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 175.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs2.61 Billion | 70.91% |
| Other Comprehensive Income | Rs686.10 Million | 18.63% |
| Other Components | Rs4.48 Billion | 121.56% |
| Total Equity | Rs3.68 Billion | 100.00% |
Indo Rama Synthetics (India) Limited Competitors by Market Cap
The table below lists competitors of Indo Rama Synthetics (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Horizon Minerals Ltd
AU:HRZ
|
$108.33 Million |
|
ATEME SA
PA:ATEME
|
$108.38 Million |
|
RF Acquisition Corp II Unit
NASDAQ:RFAIU
|
$108.40 Million |
|
SKY Metals Ltd
AU:SKY
|
$108.40 Million |
|
MagnaChip Semiconductor
NYSE:MX
|
$108.31 Million |
|
Mobile Infrastructure Corporation
NYSE MKT:BEEP
|
$108.29 Million |
|
CanAlaska Uranium Ltd
V:CVV
|
$108.28 Million |
|
Kyongbo Pharmaceutical Co Ltd
KO:214390
|
$108.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indo Rama Synthetics (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,681,000,000 to 3,682,100,000, a change of 1,100,000 (0.0%).
- Net income of 14,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 568,399,999.
- Other factors decreased equity by 581,299,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs14.00 Million | +0.38% |
| Other Comprehensive Income | Rs568.40 Million | +15.44% |
| Other Changes | Rs-581.30 Million | -15.79% |
| Total Change | Rs- | 0.03% |
Book Value vs Market Value Analysis
This analysis compares Indo Rama Synthetics (India) 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: 2.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.75x to 2.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs51.22 | Rs38.36 | x |
| 2006-03-31 | Rs50.63 | Rs38.36 | x |
| 2007-03-31 | Rs50.00 | Rs38.36 | x |
| 2008-03-31 | Rs41.73 | Rs38.36 | x |
| 2009-03-31 | Rs33.95 | Rs38.36 | x |
| 2010-03-31 | Rs33.51 | Rs38.36 | x |
| 2011-03-31 | Rs40.82 | Rs38.36 | x |
| 2012-03-31 | Rs40.81 | Rs38.36 | x |
| 2013-03-31 | Rs41.35 | Rs38.36 | x |
| 2014-03-31 | Rs38.69 | Rs38.36 | x |
| 2015-03-31 | Rs36.12 | Rs38.36 | x |
| 2016-03-31 | Rs38.61 | Rs38.36 | x |
| 2017-03-31 | Rs33.05 | Rs38.36 | x |
| 2018-03-31 | Rs27.64 | Rs38.36 | x |
| 2019-03-31 | Rs15.14 | Rs38.36 | x |
| 2020-03-31 | Rs8.52 | Rs38.36 | x |
| 2021-03-31 | Rs12.76 | Rs38.36 | x |
| 2022-03-31 | Rs22.95 | Rs38.36 | x |
| 2023-03-31 | Rs21.93 | Rs38.36 | x |
| 2024-03-31 | Rs14.10 | Rs38.36 | x |
| 2025-03-31 | Rs13.15 | Rs38.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indo Rama Synthetics (India) 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): 0.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.03%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 7.97x
- Recent ROE (0.38%) is above the historical average (-10.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 10.40% | 3.74% | 0.98x | 2.83x | Rs26.87 Million |
| 2006 | 7.77% | 2.77% | 0.98x | 2.85x | Rs-149.16 Million |
| 2007 | 3.13% | 1.03% | 0.83x | 3.66x | Rs-452.72 Million |
| 2008 | 0.48% | 0.12% | 0.97x | 4.13x | Rs-603.33 Million |
| 2009 | -18.98% | -4.00% | 1.09x | 4.33x | Rs-1.49 Billion |
| 2010 | 1.40% | 0.28% | 1.19x | 4.17x | Rs-437.37 Million |
| 2011 | 22.49% | 4.99% | 1.16x | 3.87x | Rs774.31 Million |
| 2012 | 5.16% | 1.08% | 1.41x | 3.40x | Rs-300.03 Million |
| 2013 | 6.41% | 1.38% | 1.33x | 3.48x | Rs-225.15 Million |
| 2014 | -2.31% | -0.51% | 1.28x | 3.52x | Rs-722.84 Million |
| 2015 | -3.77% | -0.74% | 1.48x | 3.44x | Rs-755.28 Million |
| 2016 | 9.58% | 2.21% | 1.31x | 3.30x | Rs-24.85 Million |
| 2017 | -16.23% | -3.29% | 1.54x | 3.20x | Rs-1.32 Billion |
| 2018 | -19.70% | -3.76% | 1.47x | 3.57x | Rs-1.25 Billion |
| 2019 | -112.38% | -17.05% | 1.00x | 6.59x | Rs-2.95 Billion |
| 2020 | -142.58% | -15.45% | 1.38x | 6.68x | Rs-3.39 Billion |
| 2021 | 34.02% | 5.55% | 1.19x | 5.14x | Rs800.55 Million |
| 2022 | 44.90% | 6.66% | 1.92x | 3.51x | Rs2.09 Billion |
| 2023 | -4.29% | -0.62% | 1.45x | 4.74x | Rs-818.26 Million |
| 2024 | -55.27% | -5.50% | 1.27x | 7.90x | Rs-2.40 Billion |
| 2025 | 0.38% | 0.03% | 1.45x | 7.97x | Rs-354.21 Million |
Industry Comparison
This section compares Indo Rama Synthetics (India) Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-11,328,224,579
- Average return on equity (ROE) among peers: 5.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indo Rama Synthetics (India) Limited (INDORAMA) | Rs4.46 Billion | 10.40% | 5.67x | $108.32 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.72 Billion | 2.06% | 2.38x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $194.97 Million | -2.63% | 2.61x | $4.09 Million |
| Alok Industries Limited (ALOKINDS) | $-123.08 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $25.59 Million | 2.29% | 4.18x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.03 Billion | 1.94% | 1.66x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.48 Billion | 10.96% | 3.19x | $43.60 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $2.08 Billion | 18.68% | 3.00x | $21.26 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.65 Billion | 13.20% | 1.47x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $2.36 Billion | 5.07% | 0.09x | $74.09 Million |
About Indo Rama Synthetics (India) Limited
Indo Rama Synthetics (India) Limited manufactures and trades polyester products in India, Turkey, Nepal, and internationally. It provides various polyester products, including polyester staple fiber, partially oriented yarn, polyester filament yarn, draw texturized yarn, fully drawn yarn, and polyester chips. It involved in the trading of spun yarn and operations of converting flakes into chips. … Read more