ITI Limited
ITI Limited engages in the manufacture, sale, and servicing of telecommunication equipment and building communication network infrastructures in India. The company's telecom products and solutions include switching, transmission, access, and subscriber premises equipment. It also offers 4G radio equipment, and defence electronics products and systems; encryptors for defence; and other telecom pro… Read more
ITI Limited (ITI) - Net Assets
Latest net assets as of September 2025: ₹15.04 Billion INR
Based on the latest financial reports, ITI Limited (ITI) has net assets worth ₹15.04 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 (₹104.29 Billion) and total liabilities (₹89.25 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 | ₹15.04 Billion |
| % of Total Assets | 14.43% |
| Annual Growth Rate | N/A |
| 5-Year Change | -33.53% |
| 10-Year Change | 106.9% |
| Growth Volatility | 40.13 |
ITI Limited - Net Assets Trend (2005–2025)
This chart illustrates how ITI 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 ITI Limited (2005–2025)
The table below shows the annual net assets of ITI Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹16.25 Billion | -8.95% |
| 2024-03-31 | ₹17.84 Billion | -24.85% |
| 2023-03-31 | ₹23.74 Billion | -8.96% |
| 2022-03-31 | ₹26.08 Billion | +6.71% |
| 2021-03-31 | ₹24.44 Billion | +5.34% |
| 2020-03-31 | ₹23.20 Billion | +26.58% |
| 2019-03-31 | ₹18.33 Billion | +10.09% |
| 2018-03-31 | ₹16.65 Billion | +57.18% |
| 2017-03-31 | ₹10.59 Billion | +34.92% |
| 2016-03-31 | ₹7.85 Billion | +50.84% |
| 2015-03-31 | ₹5.21 Billion | -36.42% |
| 2014-03-31 | ₹8.19 Billion | -30.16% |
| 2013-03-31 | ₹11.72 Billion | -17.04% |
| 2012-03-31 | ₹14.13 Billion | -21.78% |
| 2011-03-31 | ₹18.07 Billion | -67.95% |
| 2010-03-31 | ₹56.37 Billion | +75.37% |
| 2009-03-31 | ₹32.15 Billion | -0.68% |
| 2008-03-31 | ₹32.37 Billion | -1.02% |
| 2007-03-31 | ₹32.70 Billion | +98.59% |
| 2006-03-31 | ₹16.47 Billion | +398.99% |
| 2005-03-31 | ₹-5.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ITI 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 2021810000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹6.64 Billion | 40.85% |
| Common Stock | ₹9.61 Billion | 59.15% |
| Total Equity | ₹16.25 Billion | 100.00% |
ITI Limited Competitors by Market Cap
The table below lists competitors of ITI Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou Echom Sci&Tech Co Ltd
SHE:002420
|
$298.21 Million |
|
Santa Cruz County Bank
OTCQX:SCZC
|
$298.23 Million |
|
Sprout Social Inc
NASDAQ:SPT
|
$298.23 Million |
|
Pet Acquisition LLC
NASDAQ:WOOF
|
$298.24 Million |
|
X4 Pharmaceuticals Inc
NASDAQ:XFOR
|
$298.16 Million |
|
Tibet Duo Rui Pharmaceutical Co.Ltd.
SHE:301075
|
$298.08 Million |
|
LDR Turizm AS
IS:LIDER
|
$297.89 Million |
|
Ascencio (D)
BR:ASCE
|
$297.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ITI Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,843,500,000 to 16,245,800,000, a change of -1,597,700,000 (-9.0%).
- Net loss of 2,148,900,000 reduced equity.
- Share repurchases of 590,000,000 reduced equity.
- New share issuances of 590,000,000 increased equity.
- Other comprehensive income decreased equity by 8,234,600,000.
- Other factors increased equity by 8,785,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-2.15 Billion | -13.23% |
| Share Repurchases | ₹590.00 Million | -3.63% |
| Share Issuances | ₹590.00 Million | +3.63% |
| Other Comprehensive Income | ₹-8.23 Billion | -50.69% |
| Other Changes | ₹8.79 Billion | +54.08% |
| Total Change | ₹- | -8.95% |
Book Value vs Market Value Analysis
This analysis compares ITI 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: 16.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹-6.14 | ₹275.25 | x |
| 2006-03-31 | ₹57.17 | ₹275.25 | x |
| 2007-03-31 | ₹121.03 | ₹275.25 | x |
| 2008-03-31 | ₹112.39 | ₹275.25 | x |
| 2009-03-31 | ₹111.62 | ₹275.25 | x |
| 2010-03-31 | ₹195.74 | ₹275.25 | x |
| 2011-03-31 | ₹62.73 | ₹275.25 | x |
| 2012-03-31 | ₹49.07 | ₹275.25 | x |
| 2013-03-31 | ₹40.71 | ₹275.25 | x |
| 2014-03-31 | ₹28.43 | ₹275.25 | x |
| 2015-03-31 | ₹18.07 | ₹275.25 | x |
| 2016-03-31 | ₹27.26 | ₹275.25 | x |
| 2017-03-31 | ₹26.82 | ₹275.25 | x |
| 2018-03-31 | ₹25.88 | ₹275.25 | x |
| 2019-03-31 | ₹20.83 | ₹275.25 | x |
| 2020-03-31 | ₹26.40 | ₹275.25 | x |
| 2021-03-31 | ₹26.39 | ₹275.25 | x |
| 2022-03-31 | ₹28.07 | ₹275.25 | x |
| 2023-03-31 | ₹25.14 | ₹275.25 | x |
| 2024-03-31 | ₹18.59 | ₹275.25 | x |
| 2025-03-31 | ₹16.93 | ₹275.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ITI 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): -13.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.94%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 6.40x
- Recent ROE (-13.23%) is below the historical average (-10.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | -23.51% | 0.50x | 0.00x | ₹-2.55 Billion |
| 2006 | -26.04% | -25.82% | 0.30x | 3.32x | ₹-5.93 Billion |
| 2007 | -12.39% | -22.99% | 0.24x | 2.27x | ₹-7.32 Billion |
| 2008 | -11.07% | -31.10% | 0.15x | 2.40x | ₹-6.82 Billion |
| 2009 | -20.79% | -39.29% | 0.19x | 2.76x | ₹-9.90 Billion |
| 2010 | -8.14% | -9.98% | 0.38x | 2.14x | ₹-10.23 Billion |
| 2011 | -19.80% | -17.04% | 0.26x | 4.46x | ₹-5.38 Billion |
| 2012 | -26.17% | -40.41% | 0.13x | 5.12x | ₹-5.11 Billion |
| 2013 | -15.53% | -21.61% | 0.12x | 5.98x | ₹-2.99 Billion |
| 2014 | -42.04% | -48.80% | 0.14x | 6.21x | ₹-4.26 Billion |
| 2015 | -57.08% | -51.84% | 0.11x | 10.26x | ₹-3.49 Billion |
| 2016 | 31.99% | 21.12% | 0.20x | 7.43x | ₹1.73 Billion |
| 2017 | 24.22% | 17.45% | 0.28x | 5.01x | ₹1.56 Billion |
| 2018 | 13.85% | 16.22% | 0.20x | 4.23x | ₹640.53 Million |
| 2019 | 5.05% | 5.55% | 0.24x | 3.82x | ₹-907.67 Million |
| 2020 | 6.15% | 7.08% | 0.27x | 3.26x | ₹-912.21 Million |
| 2021 | 0.39% | 0.40% | 0.27x | 3.65x | ₹-2.35 Billion |
| 2022 | 4.53% | 6.38% | 0.19x | 3.65x | ₹-1.43 Billion |
| 2023 | -15.16% | -25.79% | 0.15x | 4.00x | ₹-5.97 Billion |
| 2024 | -31.88% | -45.02% | 0.13x | 5.38x | ₹-7.47 Billion |
| 2025 | -13.23% | -5.94% | 0.35x | 6.40x | ₹-3.77 Billion |
Industry Comparison
This section compares ITI Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,298,630,529
- Average return on equity (ROE) among peers: 4.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ITI Limited (ITI) | ₹15.04 Billion | 0.00% | 5.93x | $298.19 Million |
| Aksh Optifibre Limited (AKSHOPTFBR) | $3.75 Billion | 5.77% | 0.55x | $6.30 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $683.35 Million | 53.61% | 1.31x | $810.40 Million |
| Avantel Limited (AVANTEL) | $662.40 Million | 23.15% | 0.31x | $222.42 Million |
| Birla Cable Limited (BIRLACABLE) | $1.87 Billion | 11.65% | 0.85x | $16.37 Million |
| D-Link (India) Limited (DLINKINDIA) | $1.86 Billion | 6.84% | 0.67x | $60.68 Million |
| GTL Infrastructure Limited (GTLINFRA) | $29.00 Billion | -13.04% | 4.52x | $148.08 Million |
| HFCL Limited (HFCL) | $-533.93 Million | 0.00% | 0.00x | $966.03 Million |
| KAVDEFENCE (KAVDEFENCE) | $868.37 Million | 7.38% | 0.42x | $14.58 Million |
| Kavveri Telecom Products Limited (KAVVERITEL) | $532.58 Million | -59.18% | 11.08x | $9.13 Million |