Innova Captab Limited (INNOVACAP) - Net Assets
Based on the latest financial reports, Innova Captab Limited (INNOVACAP) has net assets worth Rs10.91 Billion INR (≈ $117.97 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs18.37 Billion ≈ $198.71 Million USD) and total liabilities (Rs7.47 Billion ≈ $80.74 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 INNOVACAP goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs10.91 Billion |
| % of Total Assets | 59.37% |
| Annual Growth Rate | 42.93% |
| 5-Year Change | 422.9% |
| 10-Year Change | N/A |
| Growth Volatility | 375.73 |
Innova Captab Limited - Net Assets Trend (2018–2026)
This chart illustrates how Innova Captab Limited's net assets have evolved over time, based on quarterly financial data. See INNOVACAP defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Innova Captab Limited (2018–2026)
The table below shows the annual net assets of Innova Captab Limited from 2018 to 2026. For live valuation and market cap data, see INNOVACAP company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs10.91 Billion ≈ $117.97 Million |
+13.69% |
| 2025-03-31 | Rs9.59 Billion ≈ $103.76 Million |
+15.47% |
| 2024-03-31 | Rs8.31 Billion ≈ $89.86 Million |
+155.20% |
| 2023-03-31 | Rs3.26 Billion ≈ $35.21 Million |
+56.08% |
| 2022-03-31 | Rs2.09 Billion ≈ $22.56 Million |
+44.04% |
| 2021-03-31 | Rs1.45 Billion ≈ $15.66 Million |
-61.86% |
| 2020-03-31 | Rs3.80 Billion ≈ $41.06 Million |
+1144.45% |
| 2019-03-31 | Rs305.11 Million ≈ $3.30 Million |
-51.27% |
| 2018-03-31 | Rs626.18 Million ≈ $6.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Innova Captab 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs572.25 Million | 5.25% |
| Other Components | Rs10.34 Billion | 94.75% |
| Total Equity | Rs10.91 Billion | 100.00% |
Innova Captab Limited Competitors by Market Cap
The table below lists competitors of Innova Captab Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cheng Uei Precision Industry Co Ltd
TW:2392
|
$586.91 Million |
|
Actron Technology
TWO:8255
|
$586.91 Million |
|
Ares Acquisition Corporation II
NYSE:AACT
|
$587.05 Million |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
$587.11 Million |
|
Red River Bancshares Inc
NASDAQ:RRBI
|
$586.56 Million |
|
Tian Jin Global Magnetic Card Co Ltd
SHG:600800
|
$586.39 Million |
|
Core Laboratories NV
NYSE:CLB
|
$586.35 Million |
|
Beijing Jingpin Tezhuang Technology Co. Ltd. A
SHG:688084
|
$586.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Innova Captab Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 9,594,170,000 to 10,907,920,000, a change of 1,313,750,000 (13.7%).
- Net income of 1,409,170,000 contributed positively to equity growth.
- Dividend payments of 114,430,000 reduced retained earnings.
- Other comprehensive income decreased equity by 712,390,000.
- Other factors increased equity by 731,400,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.41 Billion | +12.92% |
| Dividends Paid | Rs114.43 Million | -1.05% |
| Other Comprehensive Income | Rs-712.39 Million | -6.53% |
| Other Changes | Rs731.40 Million | +6.71% |
| Total Change | Rs- | 13.69% |
Book Value vs Market Value Analysis
This analysis compares Innova Captab 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: 4.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 72.67x to 4.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | Rs13.05 | Rs947.95 | x |
| 2019-03-31 | Rs5.33 | Rs947.95 | x |
| 2020-03-31 | Rs15.89 | Rs947.95 | x |
| 2021-03-31 | Rs25.31 | Rs947.95 | x |
| 2022-03-31 | Rs36.45 | Rs947.95 | x |
| 2023-03-31 | Rs48.32 | Rs947.95 | x |
| 2024-03-31 | Rs164.33 | Rs947.95 | x |
| 2025-03-31 | Rs167.64 | Rs947.95 | x |
| 2026-03-31 | Rs190.65 | Rs947.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Innova Captab 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): 12.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.65%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.68x
- Recent ROE (12.92%) is below the historical average (31.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 19.06% | 5.05% | 1.17x | 3.23x | Rs56.75 Million |
| 2019 | 114.61% | 7.08% | 1.50x | 10.77x | Rs319.18 Million |
| 2020 | 36.57% | 7.47% | 0.98x | 4.98x | Rs202.60 Million |
| 2021 | 23.82% | 8.42% | 1.11x | 2.55x | Rs200.18 Million |
| 2022 | 30.66% | 8.00% | 1.39x | 2.76x | Rs430.92 Million |
| 2023 | 24.58% | 7.34% | 0.91x | 3.68x | Rs403.03 Million |
| 2024 | 11.35% | 8.76% | 0.82x | 1.59x | Rs112.56 Million |
| 2025 | 13.37% | 10.31% | 0.79x | 1.65x | Rs323.16 Million |
| 2026 | 12.92% | 8.65% | 0.89x | 1.68x | Rs318.38 Million |
Industry Comparison
This section compares Innova Captab Limited's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $15,442,194,716
- Average return on equity (ROE) among peers: 17.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Innova Captab Limited (INNOVACAP) | Rs10.91 Billion | 19.06% | 0.68x | $586.65 Million |
| Aarey Drugs & Pharmaceuticals Limited (AAREYDRUGS) | $865.53 Million | 7.56% | 0.68x | $24.33 Million |
| Aarti Drugs Limited (AARTIDRUGS) | $10.36 Billion | 19.79% | 1.13x | $370.54 Million |
| Aarti Pharmalabs Limited (AARTIPHARM) | $15.58 Billion | 12.42% | 0.44x | $628.04 Million |
| Abbott India Limited (ABBOTINDIA) | $2.46 Billion | 24.35% | 0.39x | $6.03 Billion |
| Ajanta Pharma Limited (AJANTPHARM) | $29.96 Billion | 21.83% | 0.26x | $4.13 Billion |
| Akums Drugs and Pharmaceutical (AKUMS) | $30.64 Billion | 11.04% | 0.34x | $1.03 Billion |
| Alkem Laboratories Limited (ALKEM) | $30.85 Billion | 12.69% | 0.72x | $6.90 Billion |
| Amrutanjan Health Care Limited (AMRUTANJAN) | $234.13 Million | 25.26% | 0.77x | $173.35 Million |
| Alembic Pharmaceuticals Limited (APLLTD) | $22.20 Billion | 18.58% | 0.77x | $1.57 Billion |
| Aurobindo Pharma Limited (AUROPHARMA) | $11.27 Billion | 21.16% | 2.22x | $8.76 Billion |
About Innova Captab Limited
Innova Captab Limited, an integrated pharmaceutical company, engages in the research and development, manufacture, distribution, and marketing of drugs in India and internationally. The company provides contract development and manufacturing organization services to Indian pharmaceutical companies. It is also offers various generic formulation products, including cephalosporins, proton pump inhib… Read more