IndoStar Capital Finance Limited
IndoStar Capital Finance Limited, a non-banking financial company, provides various financing services to corporates, small and medium enterprises (SMEs), and individual customers in India. The company offers vehicle finance services, including loans for commercial vehicles, farm equipment, four and two-wheelers, and construction equipment; home finance; and financing for used and new vehicles, a… Read more
IndoStar Capital Finance Limited (INDOSTAR) - Net Assets
Latest net assets as of December 2025: ₹42.06 Billion INR
Based on the latest financial reports, IndoStar Capital Finance Limited (INDOSTAR) has net assets worth ₹42.06 Billion INR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹97.91 Billion) and total liabilities (₹55.85 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹42.06 Billion |
| % of Total Assets | 42.95% |
| Annual Growth Rate | 11.13% |
| 5-Year Change | -1.7% |
| 10-Year Change | 135.79% |
| Growth Volatility | 17.45 |
IndoStar Capital Finance Limited - Net Assets Trend (2013–2025)
This chart illustrates how IndoStar Capital Finance Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IndoStar Capital Finance Limited (2013–2025)
The table below shows the annual net assets of IndoStar Capital Finance Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹36.35 Billion | +12.37% |
| 2024-03-31 | ₹32.35 Billion | +3.97% |
| 2023-03-31 | ₹31.12 Billion | +6.23% |
| 2022-03-31 | ₹29.29 Billion | -20.80% |
| 2021-03-31 | ₹36.98 Billion | +37.97% |
| 2020-03-31 | ₹26.81 Billion | -10.83% |
| 2019-03-31 | ₹30.06 Billion | +44.90% |
| 2018-03-31 | ₹20.75 Billion | +9.04% |
| 2017-03-31 | ₹19.03 Billion | +23.41% |
| 2016-03-31 | ₹15.42 Billion | +19.96% |
| 2015-03-31 | ₹12.85 Billion | +13.17% |
| 2014-03-31 | ₹11.36 Billion | +10.80% |
| 2013-03-31 | ₹10.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to IndoStar Capital Finance 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 192.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹1.36 Billion | 3.74% |
| Other Comprehensive Income | ₹7.05 Billion | 19.40% |
| Other Components | ₹29.20 Billion | 80.31% |
| Total Equity | ₹36.35 Billion | 100.00% |
IndoStar Capital Finance Limited Competitors by Market Cap
The table below lists competitors of IndoStar Capital Finance Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DORO AB
ST:DORO
|
$86.67 Million |
|
SIVERS SEMICONDUCTORS AB
F:2DG
|
$86.69 Million |
|
Motrex Co. Ltd
KQ:118990
|
$86.70 Million |
|
Immunoprecise Antibodies Ltd
NASDAQ:IPA
|
$86.83 Million |
|
LITERACY CAPITAL LS-001
F:26W
|
$86.65 Million |
|
BRICKABILITY GP LS -10
F:71T
|
$86.63 Million |
|
Comet Ridge Ltd
AU:COI
|
$86.62 Million |
|
King Chou Marine Technology Co Ltd
TWO:4417
|
$86.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IndoStar Capital Finance Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,352,180,000 to 36,354,232,000, a change of 4,002,052,000 (12.4%).
- Net income of 1,205,207,000 contributed positively to equity growth.
- Share repurchases of 2,528,200,000 reduced equity.
- New share issuances of 2,528,200,000 increased equity.
- Other comprehensive income increased equity by 3,070,827,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.21 Billion | +3.32% |
| Share Repurchases | ₹2.53 Billion | -6.95% |
| Share Issuances | ₹2.53 Billion | +6.95% |
| Other Comprehensive Income | ₹3.07 Billion | +8.45% |
| Other Changes | ₹-273.98 Million | -0.75% |
| Total Change | ₹- | 12.37% |
Book Value vs Market Value Analysis
This analysis compares IndoStar Capital Finance 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: 0.76x
- 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 1.32x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹149.35 | ₹196.90 | x |
| 2014-03-31 | ₹124.61 | ₹196.90 | x |
| 2015-03-31 | ₹141.02 | ₹196.90 | x |
| 2016-03-31 | ₹169.17 | ₹196.90 | x |
| 2017-03-31 | ₹208.78 | ₹196.90 | x |
| 2018-03-31 | ₹227.64 | ₹196.90 | x |
| 2019-03-31 | ₹325.43 | ₹196.90 | x |
| 2020-03-31 | ₹290.48 | ₹196.90 | x |
| 2021-03-31 | ₹311.90 | ₹196.90 | x |
| 2022-03-31 | ₹228.72 | ₹196.90 | x |
| 2023-03-31 | ₹228.66 | ₹196.90 | x |
| 2024-03-31 | ₹237.65 | ₹196.90 | x |
| 2025-03-31 | ₹258.51 | ₹196.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IndoStar Capital Finance 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): 3.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.47%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 3.65x
- Recent ROE (3.32%) is above the historical average (3.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 8.79% | 54.29% | 0.08x | 2.15x | ₹-124.02 Million |
| 2014 | 9.87% | 31.40% | 0.11x | 2.78x | ₹-14.33 Million |
| 2015 | 11.60% | 30.68% | 0.12x | 3.11x | ₹205.13 Million |
| 2016 | 12.43% | 31.21% | 0.13x | 3.04x | ₹374.62 Million |
| 2017 | 11.08% | 29.78% | 0.13x | 2.88x | ₹205.20 Million |
| 2018 | 9.66% | 27.32% | 0.10x | 3.47x | ₹-71.47 Million |
| 2019 | 8.01% | 21.59% | 0.09x | 4.09x | ₹-598.33 Million |
| 2020 | -12.11% | -21.57% | 0.16x | 3.60x | ₹-5.93 Billion |
| 2021 | -5.79% | -18.10% | 0.12x | 2.73x | ₹-5.84 Billion |
| 2022 | -25.14% | -67.34% | 0.11x | 3.30x | ₹-10.29 Billion |
| 2023 | 7.24% | 20.74% | 0.12x | 2.93x | ₹-860.12 Million |
| 2024 | 3.58% | 12.51% | 0.08x | 3.44x | ₹-2.08 Billion |
| 2025 | 3.32% | 9.47% | 0.10x | 3.65x | ₹-2.43 Billion |
Industry Comparison
This section compares IndoStar Capital Finance Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,621,595,776
- Average return on equity (ROE) among peers: 14.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IndoStar Capital Finance Limited (INDOSTAR) | ₹42.06 Billion | 8.79% | 1.33x | $86.66 Million |
| Akme Fintrade India Ltd (AFIL) | $3.82 Billion | 8.69% | 0.77x | $14.54 Million |
| Arman Financial Services Limited (ARMANFIN) | $196.82 Million | 15.55% | 2.31x | $97.80 Million |
| Baid Finserv Limited (BAIDFIN) | $1.30 Billion | 5.85% | 1.62x | $4.85 Million |
| Capital Trust Limited (CAPTRUST) | $93.80 Million | 16.46% | 2.19x | $586.90K |
| Capri Global Capital Limited (CGCL) | $1.53 Billion | 67.12% | 0.54x | $555.03 Million |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $8.02 Billion | 8.68% | 3.62x | $1.74 Billion |
| Capital India Finance Limited (CIFL) | $6.56 Billion | -6.33% | 1.73x | $2.98K |
| CP Capital Limited (CPCAP) | $5.46 Billion | 6.99% | 0.14x | $4.60 Million |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $6.91 Billion | 10.89% | 4.16x | $724.43 Million |
| CSL Finance Limited (CSLFINANCE) | $2.33 Billion | 9.66% | 0.43x | $19.61 Million |