International Conveyors Limited (INTLCONV) - Net Assets

Latest as of March 2026: Rs4.24 Billion INR ≈ $45.89 Million USD

Based on the latest financial reports, International Conveyors Limited (INTLCONV) has net assets worth Rs4.24 Billion INR (≈ $45.89 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 (Rs5.69 Billion ≈ $61.50 Million USD) and total liabilities (Rs1.44 Billion ≈ $15.61 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 International Conveyors Limited (INTLCONV) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs4.24 Billion
% of Total Assets	74.61%
Annual Growth Rate	19.62%
5-Year Change	96.19%
10-Year Change	506.03%
Growth Volatility	36.24

International Conveyors Limited - Net Assets Trend (2006–2026)

This chart illustrates how International Conveyors Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of International Conveyors Limited.

Annual Net Assets for International Conveyors Limited (2006–2026)

The table below shows the annual net assets of International Conveyors Limited from 2006 to 2026. Also explore net asset growth rate of International Conveyors Limited to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs4.24 Billion ≈ $45.89 Million	+17.28%
2025-03-31	Rs3.62 Billion ≈ $39.13 Million	+32.55%
2024-03-31	Rs2.73 Billion ≈ $29.52 Million	+26.97%
2023-03-31	Rs2.15 Billion ≈ $23.25 Million	-0.60%
2022-03-31	Rs2.16 Billion ≈ $23.39 Million	+40.44%
2021-03-31	Rs1.54 Billion ≈ $16.65 Million	+25.92%
2020-03-31	Rs1.22 Billion ≈ $13.23 Million	-16.62%
2019-03-31	Rs1.47 Billion ≈ $15.86 Million	-1.91%
2018-03-31	Rs1.50 Billion ≈ $16.17 Million	+113.59%
2017-03-31	Rs700.17 Million ≈ $7.57 Million	+1.54%
2016-03-31	Rs689.57 Million ≈ $7.46 Million	-7.24%
2015-03-31	Rs743.39 Million ≈ $8.04 Million	-4.36%
2014-03-31	Rs777.29 Million ≈ $8.41 Million	+3.65%
2013-03-31	Rs749.92 Million ≈ $8.11 Million	+12.77%
2012-03-31	Rs665.00 Million ≈ $7.19 Million	+14.10%
2011-03-31	Rs582.84 Million ≈ $6.30 Million	+2.77%
2010-03-31	Rs567.13 Million ≈ $6.13 Million	+25.12%
2009-03-31	Rs453.25 Million ≈ $4.90 Million	+127.47%
2008-03-31	Rs199.26 Million ≈ $2.15 Million	+12.40%
2007-03-31	Rs177.28 Million ≈ $1.92 Million	+50.44%
2006-03-31	Rs117.84 Million ≈ $1.27 Million	--

Equity Component Analysis

This analysis shows how different components contribute to International Conveyors 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs63.80 Million	1.50%
Other Components	Rs4.18 Billion	98.50%
Total Equity	Rs4.24 Billion	100.00%

International Conveyors Limited Competitors by Market Cap

The table below lists competitors of International Conveyors Limited ranked by their market capitalization.

Company	Market Cap
Athanase Innovation AB ST:ATIN	$52.76 Million
Sachem Capital Corp NYSE MKT:SACH	$52.76 Million
Daehan New Pharm Co. Ltd KQ:054670	$52.79 Million
Gihon Telekomunikasi Indonesia Tbk PT JK:GHON	$52.85 Million
Hansol Csn KO:009180	$52.75 Million
Somnomed Ltd AU:SOM	$52.71 Million
Acrivon Therapeutics, Inc. Common Stock NASDAQ:ACRV	$52.70 Million
Dsr Wire KO:069730	$52.70 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in International Conveyors Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 3,618,000,000 to 4,243,300,000, a change of 625,300,000 (17.3%).
Net income of 683,800,000 contributed positively to equity growth.
Dividend payments of 47,500,000 reduced retained earnings.
New share issuances of 11,200,000 increased equity.
Other comprehensive income decreased equity by 136,266,000.
Other factors increased equity by 114,066,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs683.80 Million	+16.11%
Dividends Paid	Rs47.50 Million	-1.12%
Share Issuances	Rs11.20 Million	+0.26%
Other Comprehensive Income	Rs-136.27 Million	-3.21%
Other Changes	Rs114.07 Million	+2.69%
Total Change	Rs-	17.28%

Book Value vs Market Value Analysis

This analysis compares International Conveyors 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: 1.15x
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 31.16x to 1.15x 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	Rs2.45	Rs76.49	x
2007-03-31	Rs3.69	Rs76.49	x
2008-03-31	Rs4.15	Rs76.49	x
2009-03-31	Rs9.31	Rs76.49	x
2010-03-31	Rs8.40	Rs76.49	x
2011-03-31	Rs8.63	Rs76.49	x
2012-03-31	Rs9.85	Rs76.49	x
2013-03-31	Rs11.11	Rs76.49	x
2014-03-31	Rs11.52	Rs76.49	x
2015-03-31	Rs11.01	Rs76.49	x
2016-03-31	Rs10.22	Rs76.49	x
2017-03-31	Rs10.37	Rs76.49	x
2018-03-31	Rs22.16	Rs76.49	x
2019-03-31	Rs21.73	Rs76.49	x
2020-03-31	Rs18.12	Rs76.49	x
2021-03-31	Rs22.82	Rs76.49	x
2022-03-31	Rs32.04	Rs76.49	x
2023-03-31	Rs32.03	Rs76.49	x
2024-03-31	Rs42.97	Rs76.49	x
2025-03-31	Rs57.09	Rs76.49	x
2026-03-31	Rs66.65	Rs76.49	x

Capital Efficiency Dashboard

This dashboard shows how efficiently International Conveyors 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): 16.11%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 32.08%
• Asset Turnover: 0.37x
• Equity Multiplier: 1.34x
Recent ROE (16.11%) is above the historical average (10.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	23.28%	7.94%	1.04x	2.83x	Rs15.65 Million
2007	36.70%	13.47%	0.86x	3.17x	Rs47.33 Million
2008	13.22%	4.13%	1.08x	2.96x	Rs6.42 Million
2009	6.10%	3.93%	0.91x	1.70x	Rs-17.69 Million
2010	22.86%	14.75%	0.94x	1.65x	Rs72.92 Million
2011	4.72%	3.52%	0.70x	1.90x	Rs-30.80 Million
2012	15.30%	10.49%	0.64x	2.26x	Rs35.27 Million
2013	13.96%	9.00%	0.78x	1.98x	Rs29.67 Million
2014	6.06%	3.57%	0.85x	2.00x	Rs-30.61 Million
2015	-3.98%	-3.09%	0.61x	2.11x	Rs-103.92 Million
2016	-6.46%	-5.29%	0.61x	2.00x	Rs-113.50 Million
2017	0.56%	0.65%	0.50x	1.70x	Rs-66.11 Million
2018	-3.86%	-11.69%	0.21x	1.54x	Rs-207.21 Million
2019	-3.90%	-6.77%	0.32x	1.81x	Rs-203.85 Million
2020	5.21%	6.52%	0.47x	1.69x	Rs-58.63 Million
2021	10.79%	9.86%	0.74x	1.48x	Rs12.22 Million
2022	7.48%	8.06%	0.66x	1.41x	Rs-54.50 Million
2023	13.36%	13.36%	0.69x	1.45x	Rs72.22 Million
2024	22.86%	46.58%	0.30x	1.61x	Rs350.98 Million
2025	25.35%	60.40%	0.30x	1.40x	Rs555.30 Million
2026	16.11%	32.08%	0.37x	1.34x	Rs259.47 Million

Industry Comparison

This section compares International Conveyors Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $43,574,207,300
Average return on equity (ROE) among peers: 4.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
International Conveyors Limited (INTLCONV)	Rs4.24 Billion	23.28%	0.34x	$52.76 Million
Aaron Industries Limited (AARON)	$550.00K	66.55%	18.36x	$27.17 Million
Ador Welding Limited (ADORWELD)	$1.26 Billion	17.96%	0.32x	$184.52 Million
The Anup Engineering Limited (ANUP)	$5.28 Billion	19.58%	0.53x	$354.91 Million
ATAM VALVES ORD (BSE) (ATAM)	$110.08 Million	12.41%	0.78x	$7.14 Million
Azad Engineering Limited (AZAD)	$908.92 Million	12.65%	1.82x	$1.95 Billion
Bharat Heavy Electricals Limited (BHEL)	$342.09 Billion	4.25%	1.07x	$16.57 Billion
Cummins India Limited (CUMMINSIND)	$75.61 Billion	26.45%	0.34x	$15.29 Billion
Diamond Power Infrastructure Limited (DIACABS)	$6.55 Billion	-122.90%	2.75x	$2.09 Billion
Diffusion Engineers Ltd (DIFFNKG)	$3.69 Billion	9.72%	0.20x	$178.99 Million
Ducon Infratechnologies Limited (DUCON)	$238.32 Million	0.60%	0.42x	$4.32 Million

About International Conveyors Limited

NSE:INTLCONV India Specialty Industrial Machinery

Market Cap

$52.76 Million

Rs4.88 Billion INR

Market Cap Rank

#21789 Global

#1198 in India

Share Price

Rs76.49

Change (1 day)

+0.59%

52-Week Range

Rs60.11 - Rs110.73

All Time High

Rs118.47