ITD Cementation India Limited
Cemindia Projects Limited provides construction and civil engineering contracting services in India. The company constructs maritime structures, including jetties, dolphins, service platforms, quay, berths on concrete and steel piles, solid gravity type wharf structures, ship lifts, dry docks, wet basins, and inclined berths; mass rapid transport systems (MRTs); airports; highways, bridges, and f… Read more
ITD Cementation India Limited (ITDCEM) - Net Assets
Latest net assets as of September 2025: ₹20.51 Billion INR
Based on the latest financial reports, ITD Cementation India Limited (ITDCEM) has net assets worth ₹20.51 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 (₹66.73 Billion) and total liabilities (₹46.22 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 | ₹20.51 Billion |
| % of Total Assets | 30.74% |
| Annual Growth Rate | 20.9% |
| 5-Year Change | 72.03% |
| 10-Year Change | 261.73% |
| Growth Volatility | 53.64 |
ITD Cementation India Limited - Net Assets Trend (2006–2025)
This chart illustrates how ITD Cementation India 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 ITD Cementation India Limited (2006–2025)
The table below shows the annual net assets of ITD Cementation India Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹18.38 Billion | +22.71% |
| 2024-03-31 | ₹14.98 Billion | +20.67% |
| 2023-03-31 | ₹12.41 Billion | +9.41% |
| 2022-03-31 | ₹11.35 Billion | +6.18% |
| 2021-03-31 | ₹10.69 Billion | +1.26% |
| 2020-03-31 | ₹10.55 Billion | +3.16% |
| 2019-03-31 | ₹10.23 Billion | +65.50% |
| 2018-03-31 | ₹6.18 Billion | +12.25% |
| 2017-03-31 | ₹5.51 Billion | +8.36% |
| 2016-03-31 | ₹5.08 Billion | -10.50% |
| 2015-03-31 | ₹5.68 Billion | +39.03% |
| 2014-03-31 | ₹4.08 Billion | +1.98% |
| 2013-03-31 | ₹4.00 Billion | +5.06% |
| 2012-03-31 | ₹3.81 Billion | +5.51% |
| 2011-03-31 | ₹3.61 Billion | +2.08% |
| 2010-03-31 | ₹3.54 Billion | +1.16% |
| 2009-03-31 | ₹3.50 Billion | +1.01% |
| 2008-03-31 | ₹3.46 Billion | +220.77% |
| 2007-03-31 | ₹1.08 Billion | +116.30% |
| 2006-03-31 | ₹499.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ITD Cementation India 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 1033500900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹10.34 Billion | 56.37% |
| Common Stock | ₹171.79 Million | 0.94% |
| Other Comprehensive Income | ₹-24.06 Million | -0.13% |
| Other Components | ₹7.85 Billion | 42.82% |
| Total Equity | ₹18.33 Billion | 100.00% |
ITD Cementation India Limited Competitors by Market Cap
The table below lists competitors of ITD Cementation India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sparebanken Sor
OL:SOR
|
$458.20 Million |
|
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
|
$458.28 Million |
|
SAGA PLC LS -15
F:65J
|
$458.35 Million |
|
Glenveagh Properties PLC
PINK:GLVHF
|
$458.41 Million |
|
JMDC INC.
F:6JM
|
$458.05 Million |
|
Toyo Tanso Co. Ltd
F:T9T
|
$458.00 Million |
|
Beijing Abt Networks Co Ltd
SHG:688168
|
$457.98 Million |
|
Supply Network Ltd
AU:SNL
|
$457.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ITD Cementation India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,937,017,000 to 18,333,942,000, a change of 3,396,925,000 (22.7%).
- Net income of 3,728,052,000 contributed positively to equity growth.
- Dividend payments of 291,645,000 reduced retained earnings.
- Other comprehensive income decreased equity by 12,211,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹3.73 Billion | +20.33% |
| Dividends Paid | ₹291.64 Million | -1.59% |
| Other Comprehensive Income | ₹-12.21 Million | -0.07% |
| Other Changes | ₹-27.27 Million | -0.15% |
| Total Change | ₹- | 22.74% |
Book Value vs Market Value Analysis
This analysis compares ITD Cementation India 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: 8.08x
- 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 109.08x to 8.08x 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 | ₹7.91 | ₹862.70 | x |
| 2007-03-31 | ₹16.66 | ₹862.70 | x |
| 2008-03-31 | ₹48.04 | ₹862.70 | x |
| 2009-03-31 | ₹30.38 | ₹862.70 | x |
| 2010-03-31 | ₹30.73 | ₹862.70 | x |
| 2011-03-31 | ₹31.37 | ₹862.70 | x |
| 2012-03-31 | ₹33.10 | ₹862.70 | x |
| 2013-03-31 | ₹34.78 | ₹862.70 | x |
| 2014-03-31 | ₹35.47 | ₹862.70 | x |
| 2015-03-31 | ₹44.29 | ₹862.70 | x |
| 2016-03-31 | ₹32.75 | ₹862.70 | x |
| 2017-03-31 | ₹35.49 | ₹862.70 | x |
| 2018-03-31 | ₹39.78 | ₹862.70 | x |
| 2019-03-31 | ₹59.80 | ₹862.70 | x |
| 2020-03-31 | ₹61.27 | ₹862.70 | x |
| 2021-03-31 | ₹62.04 | ₹862.70 | x |
| 2022-03-31 | ₹65.85 | ₹862.70 | x |
| 2023-03-31 | ₹72.04 | ₹862.70 | x |
| 2024-03-31 | ₹86.95 | ₹862.70 | x |
| 2025-03-31 | ₹106.72 | ₹862.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ITD Cementation India 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): 20.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.10%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 3.55x
- Recent ROE (20.33%) is above the historical average (5.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 7.50% | 0.79% | 1.06x | 8.96x | ₹-12.47 Million |
| 2007 | 2.50% | 0.59% | 0.68x | 6.24x | ₹-80.97 Million |
| 2008 | 2.61% | 0.99% | 0.98x | 2.70x | ₹-255.87 Million |
| 2009 | 1.57% | 0.41% | 0.97x | 3.92x | ₹-294.84 Million |
| 2010 | 1.53% | 0.37% | 1.15x | 3.62x | ₹-299.83 Million |
| 2011 | 2.60% | 0.64% | 1.02x | 3.98x | ₹-267.41 Million |
| 2012 | 5.92% | 1.32% | 1.04x | 4.30x | ₹-155.42 Million |
| 2013 | 5.49% | 1.35% | 0.91x | 4.47x | ₹-180.70 Million |
| 2014 | 2.28% | 0.59% | 0.85x | 4.56x | ₹-315.32 Million |
| 2015 | 3.42% | 1.13% | 0.78x | 3.87x | ₹-373.68 Million |
| 2016 | -11.67% | -1.93% | 1.26x | 4.81x | ₹-1.10 Billion |
| 2017 | 9.30% | 1.74% | 1.36x | 3.92x | ₹-38.53 Million |
| 2018 | 11.80% | 3.53% | 0.86x | 3.87x | ₹110.88 Million |
| 2019 | 5.39% | 2.19% | 0.97x | 2.54x | ₹-470.52 Million |
| 2020 | 4.10% | 1.51% | 0.92x | 2.95x | ₹-620.97 Million |
| 2021 | 1.48% | 0.58% | 0.86x | 2.99x | ₹-908.13 Million |
| 2022 | 6.08% | 1.81% | 1.05x | 3.20x | ₹-443.12 Million |
| 2023 | 10.04% | 2.44% | 1.01x | 4.05x | ₹4.94 Million |
| 2024 | 18.33% | 3.55% | 1.30x | 3.96x | ₹1.24 Billion |
| 2025 | 20.33% | 4.10% | 1.40x | 3.55x | ₹1.89 Billion |
Industry Comparison
This section compares ITD Cementation India Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $12,268,288,557
- Average return on equity (ROE) among peers: 4.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ITD Cementation India Limited (ITDCEM) | ₹20.51 Billion | 7.50% | 2.25x | $458.12 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $11.77 Billion | 6.75% | 0.79x | $18.39 Million |
| ABINFRA (ABINFRA) | $815.46 Million | 14.00% | 0.92x | $1.98K |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $518.63 Million |
| Ahluwalia Contracts (India) Limited (AHLUCONT) | $17.98 Billion | 11.24% | 1.06x | $202.86 Million |
| Akash Infra-Projects Limited (AKASH) | $823.15 Million | 2.82% | 0.82x | $1.17 Million |
| Ashoka Buildcon Limited (ASHOKA) | $24.25 Billion | 20.75% | 6.89x | $166.24 Million |
| Atal Realtech Limited (ATALREAL) | $377.12 Million | 5.69% | 0.53x | $2.54K |
| AXISCADES Technologies Limited (AXISCADES) | $3.44 Billion | -1.52% | 1.63x | $262.35 Million |
| BGR Energy Systems Limited (BGRENERGY) | $5.37 Billion | -34.09% | 8.98x | $119.54 Million |
| B. L. Kashyap and Sons Limited (BLKASHYAP) | $5.24 Billion | 5.25% | 1.89x | $42.74 Million |