ICICI Securities Limited
ICICI Securities Limited engages in the institutional and retail broking, financial products distribution, merchant banking, private wealth management, and issuer and advisory services in India and internationally. It operates through Treasury, Broking & Distribution, and Issuer Services & Advisory segments. The company provides investment and trading solutions across asset classes, including equ… Read more
ICICI Securities Limited (ISEC) - Net Assets
Latest net assets as of September 2024: ₹44.65 Billion INR
Based on the latest financial reports, ICICI Securities Limited (ISEC) has net assets worth ₹44.65 Billion INR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹316.94 Billion) and total liabilities (₹272.29 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 | ₹44.65 Billion |
| % of Total Assets | 14.09% |
| Annual Growth Rate | 27.9% |
| 5-Year Change | 224.3% |
| 10-Year Change | 1013.39% |
| Growth Volatility | 19.5 |
ICICI Securities Limited - Net Assets Trend (2013–2024)
This chart illustrates how ICICI 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 ICICI Securities Limited (2013–2024)
The table below shows the annual net assets of ICICI Securities Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₹39.23 Billion | +37.51% |
| 2023-03-31 | ₹28.52 Billion | +17.36% |
| 2022-03-31 | ₹24.31 Billion | +33.39% |
| 2021-03-31 | ₹18.22 Billion | +50.64% |
| 2020-03-31 | ₹12.10 Billion | +15.49% |
| 2019-03-31 | ₹10.47 Billion | +25.54% |
| 2018-03-31 | ₹8.34 Billion | +70.39% |
| 2017-03-31 | ₹4.90 Billion | +22.96% |
| 2016-03-31 | ₹3.98 Billion | +13.01% |
| 2015-03-31 | ₹3.52 Billion | +41.29% |
| 2014-03-31 | ₹2.49 Billion | -4.74% |
| 2013-03-31 | ₹2.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ICICI 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 3576250000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹35.57 Billion | 90.68% |
| Common Stock | ₹1.62 Billion | 4.12% |
| Other Comprehensive Income | ₹1.32 Billion | 3.36% |
| Other Components | ₹718.60 Million | 1.83% |
| Total Equity | ₹39.23 Billion | 100.00% |
ICICI Securities Limited Competitors by Market Cap
The table below lists competitors of ICICI Securities Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kureha Corporation
F:0K1
|
$845.56 Million |
|
HÖEgh Autoliners AS
PINK:HOEGF
|
$845.58 Million |
|
Allient Inc.
NASDAQ:ALNT
|
$845.72 Million |
|
Tong Hsing Electronic Industries Ltd
TW:6271
|
$845.73 Million |
|
Shenzhen Laibao High-Technology Co Ltd
SHE:002106
|
$845.03 Million |
|
Shinva Medical Instrument Co Ltd
SHG:600587
|
$845.00 Million |
|
Suzhou UIGreen Micro & Nano Technologies Co. Ltd. A
SHG:688661
|
$844.94 Million |
|
Gold.com, Inc.
NASDAQ:GOLD
|
$844.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ICICI Securities Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,525,000,000 to 39,225,900,000, a change of 10,700,900,000 (37.5%).
- Net income of 16,966,900,000 contributed positively to equity growth.
- Dividend payments of 6,866,000,000 reduced retained earnings.
- New share issuances of 165,800,000 increased equity.
- Other comprehensive income decreased equity by 284,100,000.
- Other factors increased equity by 718,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹16.97 Billion | +43.25% |
| Dividends Paid | ₹6.87 Billion | -17.5% |
| Share Issuances | ₹165.80 Million | +0.42% |
| Other Comprehensive Income | ₹-284.10 Million | -0.72% |
| Other Changes | ₹718.30 Million | +1.83% |
| Total Change | ₹- | 37.51% |
Book Value vs Market Value Analysis
This analysis compares ICICI 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: 7.42x
- 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 110.29x to 7.42x 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 | ₹8.13 | ₹896.20 | x |
| 2014-03-31 | ₹7.74 | ₹896.20 | x |
| 2015-03-31 | ₹10.94 | ₹896.20 | x |
| 2016-03-31 | ₹12.36 | ₹896.20 | x |
| 2017-03-31 | ₹15.20 | ₹896.20 | x |
| 2018-03-31 | ₹25.90 | ₹896.20 | x |
| 2019-03-31 | ₹32.50 | ₹896.20 | x |
| 2020-03-31 | ₹37.52 | ₹896.20 | x |
| 2021-03-31 | ₹56.45 | ₹896.20 | x |
| 2022-03-31 | ₹75.04 | ₹896.20 | x |
| 2023-03-31 | ₹88.15 | ₹896.20 | x |
| 2024-03-31 | ₹120.73 | ₹896.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ICICI 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): 43.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.72%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 6.53x
- Recent ROE (43.25%) is below the historical average (52.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 27.41% | 10.22% | 0.84x | 3.21x | ₹455.73 Million |
| 2014 | 35.77% | 10.99% | 0.52x | 6.31x | ₹642.54 Million |
| 2015 | 83.41% | 24.30% | 0.89x | 3.87x | ₹2.59 Billion |
| 2016 | 59.96% | 21.25% | 0.80x | 3.51x | ₹1.99 Billion |
| 2017 | 69.16% | 24.13% | 0.69x | 4.18x | ₹2.90 Billion |
| 2018 | 66.86% | 30.01% | 0.65x | 3.45x | ₹4.74 Billion |
| 2019 | 46.86% | 28.80% | 0.37x | 4.45x | ₹3.86 Billion |
| 2020 | 44.81% | 33.68% | 0.36x | 3.67x | ₹4.21 Billion |
| 2021 | 58.60% | 43.81% | 0.30x | 4.49x | ₹8.86 Billion |
| 2022 | 56.88% | 42.98% | 0.24x | 5.61x | ₹11.40 Billion |
| 2023 | 39.18% | 33.59% | 0.21x | 5.46x | ₹8.32 Billion |
| 2024 | 43.25% | 41.72% | 0.16x | 6.53x | ₹13.04 Billion |
Industry Comparison
This section compares ICICI Securities Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ICICI Securities Limited (ISEC) | ₹44.65 Billion | 27.41% | 6.10x | $845.25 Million |
| Allcargo Gati Limited (ACLGATI) | $8.47 Billion | -9.25% | 0.88x | $113.19 Million |
| Arihant Foundations & Housing Limited (ARIHANT) | $1.79 Billion | -5.18% | 1.60x | $3.95 Million |
| Artemis Medicare Services Limited (ARTEMISMED) | $2.47 Billion | 10.99% | 0.90x | $83.00 Million |
| Dhani Services Limited (DHANI) | $3.70 Billion | 68.11% | 3.17x | $141.20 Million |
| Gujarat Raffia Industries Limited (GUJRAFFIA) | $190.90 Million | 5.86% | 0.72x | $1.41 Million |
| Ind-Swift Limited (INDSWFTLTD) | $-6.95 Billion | 0.00% | 0.00x | $3.27 Million |
| Inox Wind Energy Limited (IWEL) | $20.04 Billion | -9.36% | 1.04x | $341.31 Million |
| Mangalore Chemicals & Fertilizers Limited (MANGCHEFER) | $8.03 Billion | 16.77% | 2.31x | $138.23 Million |
| Oriental Carbon & Chemicals Limited (OCCL) | $682.22 Million | 11.18% | 0.61x | $12.20 Million |