Indo Thai Securities Limited
Indo Thai Securities Limited engages in the stock and share broking, depository participants, and other related ancillary businesses in India. The company operates through Brokering, Commission & Related Activities; Real Estate Business; and Environmental Technology segments. It is involved in the trading of equities and derivatives, commodities derivatives, and currency derivatives; purchase and… Read more
Indo Thai Securities Limited (INDOTHAI) - Net Assets
Latest net assets as of September 2025: ₹2.19 Billion INR
Based on the latest financial reports, Indo Thai Securities Limited (INDOTHAI) has net assets worth ₹2.19 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.84 Billion) and total liabilities (₹657.61 Million). 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 | ₹2.19 Billion |
| % of Total Assets | 76.87% |
| Annual Growth Rate | 23.97% |
| 5-Year Change | 227.11% |
| 10-Year Change | 304.41% |
| Growth Volatility | 83.78 |
Indo Thai Securities Limited - Net Assets Trend (2007–2025)
This chart illustrates how Indo Thai Securities 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 Indo Thai Securities Limited (2007–2025)
The table below shows the annual net assets of Indo Thai Securities Limited from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.81 Billion | +141.16% |
| 2024-03-31 | ₹750.52 Million | +22.58% |
| 2023-03-31 | ₹612.25 Million | -4.70% |
| 2022-03-31 | ₹642.43 Million | +16.11% |
| 2021-03-31 | ₹553.31 Million | +22.88% |
| 2020-03-31 | ₹450.29 Million | -20.14% |
| 2019-03-31 | ₹563.81 Million | +1.46% |
| 2018-03-31 | ₹555.71 Million | +18.63% |
| 2017-03-31 | ₹468.45 Million | +4.67% |
| 2016-03-31 | ₹447.55 Million | +12.89% |
| 2015-03-31 | ₹396.45 Million | +7.86% |
| 2014-03-31 | ₹367.58 Million | +2.41% |
| 2013-03-31 | ₹358.93 Million | -0.19% |
| 2012-03-31 | ₹359.62 Million | +355.48% |
| 2011-03-31 | ₹78.95 Million | +15.60% |
| 2010-03-31 | ₹68.30 Million | +40.00% |
| 2009-03-31 | ₹48.78 Million | +12.31% |
| 2008-03-31 | ₹43.44 Million | +14.89% |
| 2007-03-31 | ₹37.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indo Thai Securities 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 45003800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹450.04 Million | 25.10% |
| Common Stock | ₹116.92 Million | 6.52% |
| Other Comprehensive Income | ₹211.66 Million | 11.81% |
| Other Components | ₹1.01 Billion | 56.57% |
| Total Equity | ₹1.79 Billion | 100.00% |
Indo Thai Securities Limited Competitors by Market Cap
The table below lists competitors of Indo Thai Securities Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Daybright Intelligent Electric Co Ltd
SHE:300670
|
$156.79 Million |
|
Eledon Pharmaceuticals Inc
NASDAQ:ELDN
|
$156.79 Million |
|
POLARIS RENEWABLE ENERGY
F:N4T
|
$156.89 Million |
|
Asia Polymer Corp
TW:1308
|
$156.91 Million |
|
Opus Genetics, Inc.
NASDAQ:IRD
|
$156.71 Million |
|
NICE Holdings Co. Ltd
KO:034310
|
$156.66 Million |
|
Repco Home Finance Limited
NSE:REPCOHOME
|
$156.65 Million |
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
$156.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indo Thai Securities Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 729,890,000 to 1,792,905,000, a change of 1,063,015,000 (145.6%).
- Net income of 82,454,000 contributed positively to equity growth.
- Dividend payments of 6,000,000 reduced retained earnings.
- Share repurchases of 991,860,000 reduced equity.
- New share issuances of 991,860,000 increased equity.
- Other comprehensive income increased equity by 194,070,999.
- Other factors increased equity by 792,490,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹82.45 Million | +4.6% |
| Dividends Paid | ₹6.00 Million | -0.33% |
| Share Repurchases | ₹991.86 Million | -55.32% |
| Share Issuances | ₹991.86 Million | +55.32% |
| Other Comprehensive Income | ₹194.07 Million | +10.82% |
| Other Changes | ₹792.49 Million | +44.2% |
| Total Change | ₹- | 145.64% |
Book Value vs Market Value Analysis
This analysis compares Indo Thai Securities 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: 1.53x
- 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 41.12x to 1.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₹6.30 | ₹259.10 | x |
| 2008-03-31 | ₹7.24 | ₹259.10 | x |
| 2009-03-31 | ₹8.13 | ₹259.10 | x |
| 2010-03-31 | ₹11.38 | ₹259.10 | x |
| 2011-03-31 | ₹13.16 | ₹259.10 | x |
| 2012-03-31 | ₹46.67 | ₹259.10 | x |
| 2013-03-31 | ₹35.85 | ₹259.10 | x |
| 2014-03-31 | ₹36.80 | ₹259.10 | x |
| 2015-03-31 | ₹39.65 | ₹259.10 | x |
| 2016-03-31 | ₹44.73 | ₹259.10 | x |
| 2017-03-31 | ₹46.84 | ₹259.10 | x |
| 2018-03-31 | ₹55.57 | ₹259.10 | x |
| 2019-03-31 | ₹56.38 | ₹259.10 | x |
| 2020-03-31 | ₹45.03 | ₹259.10 | x |
| 2021-03-31 | ₹55.33 | ₹259.10 | x |
| 2022-03-31 | ₹64.26 | ₹259.10 | x |
| 2023-03-31 | ₹58.54 | ₹259.10 | x |
| 2024-03-31 | ₹72.99 | ₹259.10 | x |
| 2025-03-31 | ₹168.88 | ₹259.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indo Thai Securities 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): 4.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 55.28%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.27x
- Recent ROE (4.60%) is below the historical average (7.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 4.74% | 8.61% | 0.33x | 1.67x | ₹-1.99 Million |
| 2008 | 12.96% | 14.96% | 0.33x | 2.59x | ₹1.29 Million |
| 2009 | 10.72% | 5.08% | 0.88x | 2.40x | ₹350.22K |
| 2010 | 28.57% | 59.81% | 0.24x | 1.99x | ₹12.69 Million |
| 2011 | 13.49% | 23.18% | 0.33x | 1.79x | ₹2.76 Million |
| 2012 | 0.56% | 4.57% | 0.11x | 1.08x | ₹-33.94 Million |
| 2013 | -0.19% | -1.00% | 0.16x | 1.18x | ₹-36.59 Million |
| 2014 | 2.35% | 4.60% | 0.40x | 1.27x | ₹-28.11 Million |
| 2015 | 7.47% | 9.25% | 0.61x | 1.32x | ₹-10.03 Million |
| 2016 | 14.11% | 16.35% | 0.80x | 1.09x | ₹18.38 Million |
| 2017 | 7.03% | 7.41% | 0.78x | 1.21x | ₹-13.91 Million |
| 2018 | 15.70% | 15.28% | 0.76x | 1.36x | ₹31.69 Million |
| 2019 | -2.33% | -39.99% | 0.04x | 1.46x | ₹-69.50 Million |
| 2020 | -24.09% | 0.00% | -0.12x | 1.56x | ₹-153.49 Million |
| 2021 | 18.37% | 78.34% | 0.17x | 1.42x | ₹46.30 Million |
| 2022 | 15.45% | 196.38% | 0.05x | 1.69x | ₹35.02 Million |
| 2023 | -11.08% | -116.15% | 0.05x | 1.83x | ₹-123.38 Million |
| 2024 | 21.89% | 66.67% | 0.20x | 1.66x | ₹86.81 Million |
| 2025 | 4.60% | 55.28% | 0.07x | 1.27x | ₹-96.84 Million |
Industry Comparison
This section compares Indo Thai Securities Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $3,534,091,837
- Average return on equity (ROE) among peers: 13.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indo Thai Securities Limited (INDOTHAI) | ₹2.19 Billion | 4.74% | 0.30x | $156.76 Million |
| 21st Century Management Services Limited (21STCENMGM) | $537.17 Million | 10.49% | 0.38x | $1.14 Million |
| 5paisa Capital Ltd (5PAISA) | $6.04 Billion | 11.30% | 1.76x | $34.50 Million |
| Abans Financial Services Limited (AFSL) | $9.04 Billion | 7.77% | 1.06x | $23.12K |
| Abans Holdings Limited (AHL) | $9.04 Billion | 7.77% | 1.06x | $15.18 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $864.90 Million | 6.93% | 0.55x | $915.15 Million |
| Almondz Global Securities Limited (ALMONDZ) | $1.32 Billion | 4.80% | 0.42x | $9.55 Million |
| Angel One Limited (ANGELONE) | $5.31 Billion | 15.02% | 3.16x | $1.09 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $2.29 Billion | 22.00% | 1.53x | $23.13 Million |
| Ausom Enterprise Limited (AUSOMENT) | $397.58 Million | 38.41% | 0.70x | $3.27 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $494.89 Million | 13.98% | 0.37x | $9.64 Million |